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Wednesday, April 16, 2008

10:16 am - KLCI is testing the last resistance @ 1255.0


If seller cannot bring it lower, we shud see higher KLCI. Here is a 10 mins chart.


(Cannot upload chart)

9:54 am - Sime is trying to break above 200 MA @ Rm9.20


If it closes above RM9.20 today, it is good.


9:35 am - TopGlove continues its uptrend - Long range bar early in the morning.


We may see higher TopGlove at the closing tonite.


9:32 am - IOI Corp has a double bottom @ RM 6.50 and FCPO prices are rising.


Here is good opportunity to accumulate some good quality plantation counter.


9:12 am - KLCI open strongly today. It may have a follow thru from yesterday


We shud see an up bar because FCP0 prices are higher driving plantation counters.


Tuesday, April 15, 2008

5:23 pm - KLCI closed up +10.77 after selldown yesterday


3:53 pm - TopGlove is up nicely.


However, the shape looks toppish at this moment. Let's see how it can go up the next few days.