Mahsing

Trend: Form higher low, waiting to form higher high (Neutral)
ADX: Downtrend (Bearish)
MACD: Bullish crossover bearish (Bullish)
RSI: Moving upward (bullish)
STO: Uptrend (bullish)
Volume distribution: Strong sell force (bearish)
Conclusion: 3 Bull 2 bear 1 neutral

Entry Price: 2.53
TP: 2.55, 2.63, 2.68
Cut Loss: 2.4

LIONIND

Trend: Undetermine (Neutral)
ADX: Uptrend with weak momentum (bearish)
MACD: Waiting bullish to crossover bearish (Neutral)
RSI: Moving upward (Bullish)
STO: Uptrend with signal line touching 80% (Bullish)
Volume distribution: Strong buy force (Bullish)
Conclusion: 3 Bull 1 bear 2 neutral

Entry price: 1.84
TP: 1.89, 1.95
Cut loss: 1.72

KBB

Trend: Descending triangle (Bearish)
ADX: Flat (Neutral)
MACD: Downtrend (Bearish)
RSI: Below 50% (Bearish)
STO: Uptrend (Bullish)
Volume Distribution: Sell force dominant (Bearish)
Conclusion: 1 bull 4 bear 1 neutral

Entry price: 0.49
TP: 0.51
Cut Loss: 0.43
*Low reward to risk.

Infotec

Trend: Uptrend (Bullish)
ADX: Uptrend with momentum (Bullish)
MACD: Uptrend (Bullish)
RSI: Cross above 70% (Bullish)
STO: Uptrend with signal line above 80% (Bullish)
Volume Distribution: Strong buy force (Bullish)
Conclusion: 6 Bull

Entry price: 0.28
TP: 0.30
Cut loss: 0.26
RR: 1

CBIP

Entry price: 4.14
TP: 4.36, 4.47
Support: 4
High buy force.

PCHEM my waterfall watch list

PCHEM rebounce from support 6.82 and close at 6.85.  6.82 is a strong support.  It formed inverted hammer on 29 July, could be sideway or up (require next trading day to confirm).  RSI level is low 17.7.  Please closely monitor this stock.  Entry price: 6.97.  TP: 7.06, 7.20.
I will monitor PCHEM-CE as well.  It is oversell recently as mother share price dive.
Exerciseprice: 6.8
ratio: 8:1
Ex-date:20/3/2012
Current PCHEM-CE price 0.09.  Do collect more at cheaper price as mother share having high potential to rebounce from technical analysis perspective:)

MHB waterfall

RSI below 30, indicate oversell.  MACD 4R1G, could it be signal of rebounce?  Volume distribution show high buy force.  Entry price:7.80, TP: 8.0, 8.15
MHB-CE: I prefer collect it rather than mother share :)
Exercise price: 5.8
Convert ratio: 10:1
Ex-date: 10/2/2012
Fair price: (7.65-5.8)/10= 0.185
If mother share rebounce,do collect more on the call warrant.

Stock to watch 25 July: WTK

Sorry, I have no time to update.  I keep it short, entry price: 1.94

AirAsia-ANA tie-up Finally

Airasia next resistance at 3.85 and support 3.67.  Candlestick form hanging man,  potential sideway (fluctuate 3.67-3.85) next week.  Take profit accordingly if hit 3.83.

Stock to watch 21 July: Uemland

4:25pm Airasia: It break resistance 3.67.  Buy more.
11:14am WCT: It start moving, at 3.09.  Support at 3.07, resistance 3.13.Worth to watch.
10:13am ASUPREM: It start moving, at 0.22.  Support at 0.205, resistance 0.225. Fishing at 0.21
Uemland: Bottom fishing at support 2.47.  RSI 11%, oversold.

Uemland-CE: Issued at 0.50 and expire at 20 Jan 2012. Exercise price at 2.55 and ratio 4:1. It is toilet paper now, haha... it still have half year to expire, want take risk to buy?

X

Trading Strategy

This is good trading strategy found in youtube.  It is very useful in maximizing profit in uptrend, downtrend and sideway market.  Enjoy!

 

 X

MRCB poised for re-rating: HwangDBS

Malaysian Resources Corp Bhd (MRCB) is poised for a re-rating with more sustainable earnings delivery and visible share price catalysts.

HwangDBS Vickers Research, in a note today, said with the coming general election, it was also an ideal proxy, as a government-linked company contractor and developer.

"Our RM700 million to RM800 million per annum new order assumptions for financial years 2011 to 2012 seem conservative, given MRCB's healthy pipeline of jobs.

"We expect MRCB to capitalise on its role as project delivery partner for the River of Life project, with phase one, worth RM3.3 billion with some visibility on contract awards by year-end," it said.

HwangDBS has nudged up MRCB's target price to RM3,25, after imputing higher earnings and rolling over valuation base to 2012. -- Bernama

Mitrajaya up on freshwater lab job

KUALA LUMPUR: MITRAJAYA HOLDINGS BHD [] shares advanced in early trade on Wednesday, July 20 after it secured a RM13.51 million contract to build a freshwater laboratory complex at Tasik Chini in Pekan, Pahang.
At 9.05am, Mitrajaya added two sen to 60.5 sen with 437,900 shares traded.
Its unit Pembinaan Mitrajaya Sdn Bhd accepted the letter of acceptance of contract from the East Coast Economic Region Development Council to build phase one of the laboratory.

Asia market rise as global market rebounce

WELLINGTON: Asian stocks are set for healthy gains on Wednesday, as easing debt fears, solid data, and earnings above expectations helped global markets gain.
The main Wall Street indices turned in a strong performance with the Dow and S&P 500 both gaining 1.6 percent while the Nasdaq rose 2.2 percent.
The latter's gains were made in part on anticipation of Apple's results due after the bell.
The maker of iPhones and iPads reported quarterly revenue well above analysts' estimates, adding to reports from International Business Machines Corp and Coca-Cola
The market got a boost late from comments by President Barack Obama that progress was being made towards a debt reduction deal.
Adding to the positive mood housing starts hit a six-month high in June, sending the PHLX Housing Index up 3 percent.
Asian stocks listed on Wall Street rose 1.2 percent while world stocks, as measured by the MSCI world equity index, gained 1.38 percent.
British shares added 0.7 percent while European shares were up 0.8 percent as the beaten-down banks regained some ground on easing debt worries and commodity stocks rose on higher prices.
The euro pushed higher against the U.S. dollar as investors cast an eye to a euro zone summit later this week, where it's hoped leaders will approve a second bailout for Greece worth 110 billion euros.
Japanese markets, which fell below its 200 day moving average support level on Tuesday, are set for a firm open with Nikkei futures traded in Chicago 120 points above the last closing level in Osaka.
Australian stocks are also set to gain helped by strong gold and metals prices, with share price index futures up 1.1 percent to be 21.85 points above the close of the underlying S&P/ASX 200 index. – Reuters

Will Mitra rebounce ?

From candlestick, Mitra form Piercing Line. It is reversal signal.  The reliability is low because the gap down occurs below support (0.58).  however, it is worth to monitor tomorrow.  To be uptrend, it need to support by high volume.
Entry price: Close above 0.60
take profit: 0.62, 0.64,0.67
cut loss:0.58

Stock to sell 20 July: Airasia

I always believe this trading rule: Buy on rumor sell on news. Take profit at 3.58

OSK Upgrades Fair Value Of Airasia To RM4.34

KUALA LUMPUR, July 19 (Bernama) -- OSK Research Sdn Bhd has upgraded its fair value on AirAsia Bhd to RM4.34 from RM3.89 while maintaining its 'buy' call.

In a research note Tuesday, OSK said AirAsia's revenue passenger kilometres (RPK) and passenger carriage for first half of financial year 2011 (1HFY11) remained consistently strong, growing by 16 per cent and 23.2 per cent year-to-date.

"Considering that 1H is typically the weaker half of the year, AirAsia's numbers nevertheless remained consistently strong despite the fuel surcharge having taking full effect in May," it said.

It said AirAsia's second quarter earnings were expected to rise further quarter-on-quarter on the back of improving yields due to the fuel surcharge, loan factor and RPK.

-- BERNAMA

KLCI dive down

Share prices on bursa Malaysia closed lower at market close today as the FBMKLCI bore the brunt of investor pessimism and external headwinds.
At 5pm, the FBM KLCI was down 14.67 points to 1,562.58, with 159 gainers, 646 losers and 268 counters traded unchanged. Turnover was 753.77 million shares valued at RM1.383bil.
In the region, all benchmark indices were lower at market close. Hong Kong's Hang Seng Index lost 70.63 points to 21,804.75, Shanghai's Composite Index 3.48 points to 2,816.69, Seoul's Kospi Index 14.72 points to 2,130.48, and Singapore's Straits Times Index 5.29 points to 3,078.95.
The red lines in the chart below is the support for KLCI whereas blue line is the resistance.  The KLCI is under correction after a series of bullish. 

Will Airasia continue uptrend?

AirAsia Bhd, Southeast Asia’s biggest budget carrier, carried 19.6 per cent more passengers in June compared to a year earlier, according to an e-mailed statement today.

Its load factor rose to 80 per cent in June from 79 per cent last year, it said. In Malaysia, passenger trafic climbed 11.1 percent, 33.4 per cent in Thailand and 39.6 per cent in Indonesia, it said. The group carried 20.9 per cent more passengers in the second quarter of 2011, according to the statement. -- Bloomberg

Read more: AirAsia flies 19.6pc more passengers in June http://www.btimes.com.my/Current_News/BTIMES/articles/20110718154343/Article/index_html#ixzz1STC1fx4E

All Bank Sector down and they are waiting for the Debt Ceiling at USA,could this factor dragging Airasia to continue uptrend? Today, ADX, MACD, RSI, STO signal showing bearish :(
Airasia form a lower high but its closing price still above 20dMA, worth to hold for another round of bullish.

MRCB most likely sideway trading

From the indicators, MRCB most likely will in sideway trading mode this week, the price ranging from 2.22-2.28.  The 20dMA (brown line) is a strong support for MRCB.  As long as it doesn't close below 20dMA, it still have potential to become uptrend.

NASDAQ- Altera Corp rebounce from support?

Altera Corp is a semiconductor company.  Would semiconductor industry outperform in the second half of year 2011?  Last friday, candlestick form hammer, it could be sign of reversal.  ADX showing weak momentum of bullish.  MACD bearish as it cross below zero from above. RSI touching 50%, weak bull.  STO indicate bearish.
Support : $41.5, $39.73
Resistance: $44.42, $45.75, $48.42