Next Master the Markets Foundation Course 1.5 days - Sept 14-15, 2009. Call Dolly 03 4252 4149 to register ! Bursa Malaysia (KLSE) :-) martin_tf_wong@hotmail.com: Apr 4, 2008

Friday, April 4, 2008

10:37 pm - Chart of the Week - VS Industry


Here is an idea for a trade next week - VS Industry. High volume registered at the pivot earlier and 5 L/C. It also has a nice up trend.




5:16 pm - KLCI closed lower due to no interests from professionals


3:33 pm - KLCI is slowly mushrooming down on intraday basis


The market is getting weaker.


12:09 pm - Here is a thought for Top Glove.



CIMB Research Desk puts out a BUY recommendation for TOP GLOVE with target price at RM 6.90.


Looking at the weekly chart of Top Glove, the counter has registered heavy volume this week which indicate big players have bought into Top Glove.

Wait for a support base to be formed before taking position.



This is how to trade Top Glove.


11:55 am - KLCI at 10 mins time frame - STILL Bearish !


Not sign of recovery yet ! KLCI is sliding into negativity terrority.




10:04 am - I cannot find anything for you buy !

Look at TM for example. Most of the blue chip stocks is falling or holding at a major support. If it breaks, we wud see further down.


TM Support at RM10.50. If breaks, we wud see KLCI will go down further.


9:34 am - KLCI is holding the downtrend this morning !




Hang Seng market is closed. Let's see how our KLCI market will move today ! Generally, KLCI will move sideway or down ! Let's see if this is true.