AMEDIA

New IPO stock. Something going on. The price steadily increasing day by day. Worth looking into it.

Analysis 30/3/11

Nagamas - sold on 29/3/11. Yesterday, momentum going up and closed at 90.5 cent. Unlucky to me, i have sold that day. However, i managed to buy back at 86.5 but again sold early at 87.5. That always happen to me. Keep it, it will go down, sold then the price going up. That is happen to everyone. We can't predict the price movement.

DRB CE - i bought yesterday at 20.5 cent but released her at 21.0 cent. Again, always sold early. The price shot up to 24cent but closed at 23.5 cent. See how much i supposed to make profit. No excuse, sold is sold. No complaint.

CMSB - closed lower at 2.54. May go lower till 2.49. Then rebound back. See what happen today. Maybe i will shorting today.

HWGB - i bought this stock at 70.5 2 days ago. Again released her tooo early yesterday at 71.5 cent. the price shot to 75 cent but close lower at 73 cents. Again...again....sold early.

CMSB

CMSB - forming doji yesterday. That mean CMSB forming double bottom. The risk is very low. Other indicator showing positive sign. Accumulate for reversal. Yesterday, i bought 5800 at 2.58 but sold at 2.61. Then i bought back at 2.58 with 6000 shares. Sarawak theme is still hot. The syndicate just ignore it temporarily to concentrate to timber stock at the moment. Wait for the next push.


Nagamas- i sold Nagamas yesterday (10000shares at 0.83 cent) because i want to use capital to other stock but this stock still has potential to go higher. Need more patient................sure make money.


at 3.40pm

CMSB pushed down to 3.56. To cut loss if close below 3.55. Wait and see. Accumulating before pushed up. .

CMSB

I just buy CMSB 5800shares at 2.58. The selling looks going down. This one is for rebound. Cut loss at 2.55.

Manage to clear evergreen at 1.43 and 1.41. Nagamas not moving today. Wait for tomorrow to pushed up.

at 4.00pm:

Very sad to clear Evergreen to early. Pushed up to 1.52.. Oooo.yo..yo.. Missed so much profit. That is the market. Don't be greedy...

Analysis 28/3/11

Evergreen down 2 cents but the price still within symetrical triangle. Hope, it can breakout from triangle tomorrow.

















Nagamas- as expected up to 83cent today. Tomorrow will be pushed upwards. Be ready for cash...Ha..ha... I will clear at 90cent.

Evergreen

I ust buy Evergreen 10000shares at 1.38. The chart loook nice, forming symetrical triange pattern. So, expected breakout from this triangle.....

News for 28/3/11

By Adeline Paul Raj Published: 2011/03/28 KL bourse's upward trend may continue The Malaysian stock market is expected to continue its upward climb this week albeit at a slow pace, with investors focused on small- to mid-sized stocks. Last week, despite concerns about the impact of an earthquake and tsunami on Japan, a war in Libya and high oil prices, the benchmark FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) gained 0.8 per cent week-on-week to 1,515.55 points.Wall Street too was up, with the Dow Jones Industrial Average gaining 3 per cent to close the week at 12,220.60, boosted mainly by a stronger corporate earnings trend and a drop in jobless claims."Some semblance of price stability has returned, but the local market remains uninspiring."The FBM KLCI is creeping up slowly as a result, while world markets climb the 'Global Walls of Worry'," Maybank Investment Bank's (MIB) head of retail research Lee Cheng Hooi said in a note to clients last Friday. He expects the index to remain in "a minor rebound" mode in the short term and to be bearish in the medium term.Vivian Loh, a fund manager at TA Asset Management Bhd, said the market should be "sustainable" this week, barring any shocks on the external front."Local fund managers are not buying in a big way, but seem quite determined to hold up the market," she remarked.Selected small- and mid-capitalised stocks are expected to continue to be in play this week, as will some speculative stocks, and these will outperform blue chips. These include election-related stocks in the construction, infrastructure, and oil and gas sectors. Stocks that MIB deems to be on an uptrend include AirAsia, APM Automotive Holdings, Cypark Resources, Boustead Holdings, Esso Malaysia, Petronas Chemicals Group and Yi-Lai. It sees obvious support for the index at 1,513 and resistance at 1,529. Read more: KL bourse's upward trend may continue http://www.btimes.com.my/Current_News/BTIMES/articles/btb25/Article/index_html#ixzz1HqdRc3WD

Analysis 25/3/11

Today, i buy Nagamas as i planned before. I buy 10000share at 0.82 cents but it closed at 0.81cent. However, it still closed above uptrending line. My cut loss point will be at 0.79 cent.Wait and see on Monday for rebound. No other transaction today since i'm busy buying thing in market and settle some matter in bank. Afternoon, i also busy with my job. No profit today.

Eyeing stock:

EAH - new IPO with price pressed down. Look like some activity happening. Maybe in my list next week. Reason: volume incrasing and price also slowly increasing. Good signal.

Eye of Stock

Nagamas - I plan to buy it tomorrow. The chart still look nice. Selling become lesser. Still closed above uptrend line.

Analysis 24/3/11

Today, i cleared all my DRB-CE at 0.175 cent(50000 share) and 0.18 cent(31500share). I thought i want to do shorting but the price well supported at 0.175 and closed at 0.18. I think somebody collected. I will loook again tomorrow. JETSON --> i buy this counter at 1.18. I sold it at 1.17. Profit taking set in too fast. Pushed up to 1.21, then slowly down. No luck...

Analysis 24/3/11

Today, i cleared all my DRB-CE at 0.175 cent(50000 share) and 0.18 cent(31500share). I thought i want to do shorting but the price well supported at 0.175 and closed at 0.18. I think somebody collected. I will loook again tomorrow.

JETSON --> i buy this counter at 1.18. I sold it at 1.17. Profit taking set in too fast. Pushed up to 1.21, then slowly down. No luck...

Analysis 24/3/11

Today, i cleared all my DRB-CE at 0.175 cent(50000 share) and 0.18 cent(31500share). I thought i want to do shorting but the price well supported at 0.175 and closed at 0.18. I think somebody collected. I will loook again tomorrow.

JETSON --> i buy this counter at 1.18. I sold it at 1.17. Profit taking set in too fast. Pushed up to 1.21, then slowly down. No luck...

Handal

Handal - chart closed above MA200. That mean buying signal for this stock. The other indicator also showing positive sign.

Analysis for 23/3/2011

Mpay pushing up very well yesterday. Unfortunately, i sold it at 20.5 cent though the price pushed up to 24 cent. But in market, don't be too greedy. Some time the syndicate will push up to the sky, then suddenly down back below opening price.
That always normally happen. I think MPAY will be up little bit tomorrow then down slowly. Be ready with your cash.














DRB CE- stagnant. Mother also stagnant. Upside still there. I managed to sell at 17.5 cent and buy back at 17cent and 16.5cent. I may be keep this one for long term investment since its huge discount compare with other warrant.

Nagamas

When i'm looking for the chart today, accidentally i saw one nice chart that i consider to buy it since the chart trend looks ver nice. The counter i mean is Nagamas. I don't know much about fundamental of this company. Check yourself Please see below.
..

OSK Top 10 Defensive Stocks Picks for Volatile Market

Stock Picks 22nd March, 2011 | 178 Views | No Comments »



OSK still maintain year-end 1680-pt KLCI target. However, they note that there are increasing market volatility in the short term. Investors with a lower risk appetite and shorter investment horizon may want to focus on defensive and dividend yielding plays.

OSK Top 10 Defensive Buys, which have dividend yields exceeding 4%, are from a broad range of sectors including Consumer, Healthcare, Media and Logistics.

OSK Top 10 Defensive Stocks Picks are,

Stock Business Dividend Yield Current Year (%) Forecasted PER (x) Last price (RM) Fair Value (RM)
Yi-Lai Manufacturing ceramic tiles 12.1 7.5 0.825 0.98
Aeon Credit Financing for motorcycles and white goods 9.2 6.6 3.8 4.35
DiGi.Com Mobile telecommunications services 7.6 16 27.46 27.9
Berjaya Sports Toto Number Forecast Operator 7.2 16.5 4.15 4.51
Amway Multi Level Marketing 6.9 15.9 8.5 11.05
Freight Management Logistics provider 6 6.4 1 1.4
Public Bank Financial Services 5.5 12.7 13.02 14.2
Pos Malaysia National Postage Services 5.2 12.9 3.18 4.12
Petronas Gas Processor and Transporter of Natural Gas 4.9 15.2 11.3 13.56
Media Chinese Chinese language publisher 4.7 12.7 1.14 1.65
KPJ Healthcare Private Hospital Services 4.2 15.4 3.84 4.62


Source : OSK Research

Stock analysis 22/3/2011

MPAY - i buy this stock at 0.195. Reason: sign of recovery seen with yesterday doji. New IPO stock which was pressed down from 0.285 to 0.175. Today up 1.5 cent with closed at 0.195.



DRB CE - Buy at 0.175 (50000) and sold at 0.18. Manage to get some profit today. Unlucky not queue to sell at 0.185. Reason buying: still long time to expire and huge discount compared with other warrant. I don't understand why people are not chasing this warrant???

I buy back at 0.175 (50000).

Making small profit today

Today, i buy only two stock.

1. MPAY - new IPO stock which was pressed down to.0.175 cent. Sign of recovery seen with doji yesterday. Today up 8.3% (1.5 cent) to 0.195. I buy at 0.195 cent (20000 shares). Tomorrow will be pushed up further to 0.215 cents.

Stock for today

I plan to buy Handal today. Reason: Stochastic +ve, RSI increasing and oVersold.

See the chart below:



Sarawak Stock

Sarawak Election Stock Coming

Yeah, i'm lucky today. Just clear Naim at 3.29 (3000) and 3.30(3000shares).Now the price drifting lower at 3.24 and i think will be maintained at 3.24 or 3.25. I bought Naim share last week at 3.08. Thank to CPTEH blog for highlighting the stock. After some time, i'm so lucky today. Feel really excited and enjoy. It's typical character of small time investor.

Buy and Exit

Interesting Article - Entry and Exit
Many experienced traders would tell you that in trading of stocks, exit is more important than entry. They think so because they know the way of low risk entry and are adopting a low risk high probability entry setup. But to other investors and traders, entry would be more important than exit, because the entry point likely the time when mistakes are made resulting in losses. It would be better to avoid entry decision mistakes than making a mistake in exit.
Exit is important to realise the gains or to preserve capital and to avoid too heavy losses, but entry will be important in reducing risks and avoid losses or holding the capital idling in the stocks for a long time with the sentiment of hope, and sometimes more losses in the process of waiting and hoping. Probably the most important investment decisions made by active traders are to determine the optimal points of entry and exit, as the price of entry and exit will depend the ultimate gains or losses. It is of vital importance to active traders to plan their traders and trade on their plan. The plan for entry and exit is call a trade setup. A smart trader would evaluate and select their setup strategy to gain more confidence in winning a trade with a lower entryI would bring out the various possible setups that we may use, and entry and exit signals that we may see from the charts that may help traders find their own plan of entering and exiting a trade based on reading and interpreting charts. It is for the individual trader to select the best setups that may suit their individual trading style. What are the basic tools to execute an entry and exit setup? It depends on each trader and the knowledge and skill the trader has. But it will be all about charting, and a bit about fundamental analysis. The below are my basic tools, and probably I do not need to learn more, and it is better for me to master all of these rather than learning more. 1. The price and volume daily chart with your trend lines to determine the support and resistance level - just trend lines and refined by Fibonacci Retracement Lines and longer term weekly chart.2. Looking at the candlestick pattern to determine bullish, bearish reversal or trend continuation pattern3. The above 2 can be supported or confirmed by other technical indicators like MA crossovers, Bollinger Band, Stochastic and MACD4. Looking into the volume bars to assess the reliability of the above 3. If the volume is very low, the signals shown are likely not reliable signals. When should be the most desirable entry and exit points?There are basically two key setups for entering and exiting a trade - enter at support of at a breakout from a resistance, and exit on reaching resistance pr breaking down from a support. But there are variations under each setup that a trader may adopt based on their trading style, risk appetite and available capital for trading.
A. Entry SetupsEnter at support1. Enter on support on an downtrend when the volume has been exhausted - an indication of no supply. But this may mean a long sideway price movement, though the downtrend may stop.
2. Enter when the price bounces up from support after a pull back new to support from a higher high. This is the correct interpretation of buying high and sell higher. But the more entry signals one can see, the more reliable and high probability of a successful entry. 3. Enter when the price completes its downtrend to a point (ideally a support) that could be a strong base for a rebound. This is good for fundamentally sound stock but trading at a discount to a fair value, but facing temporary setbacks like lower profits etc. Since this stock is fundamentally sound, even a wrong decision may not impact in a loss, as this stock would likely be a position stock or for long term investment. Enter at breakout1. Enter upon a breakout from the major or minor resistance to a new level, like break out from a chart pattern, MA cross over, or stochastic cross over etc. But beware of large price bars that may mean distribution, especially when the stock is continuing the uptrend. 2. Enter when the price breakout with increased volume after a long time of sideway low volume activity (shown by narrow price bars and a breakout from a narrow Bollinger Band). This setup will give the highest reward, if a good fundamentally sound stock is selected, as entry in a narrow trading band with low volume will be like following the professionals in quiet accumulation. Of course the investor is expected to hold the stock.


1. Exit on reaching resistance if entry is at support on a uptrend. This is a setup of buy on support and sell on resistance that will make your capital turning around faster than riding on the profits that may not turn out to increased profits.

2. Exit when you see a sign of distribution with huge volume big spread price bar, unless there is a new tight trailing stop set. It is better to let go of the greedy sentiment and take profits, if the trader is not sure.

3. Exit when there are confirmed signals of exit from candlestick pattern, bearish reversal patterns or any other reversal signals. Note that it is better to have other exit signals like MA cross over or stochastic as confirmation.
Exit on breakdown from a support
Exit at stop loss set upon entry or at a trailing stop on a continuous rising trend. Stop loss is to preserve capital if the entry decision does not turn out to be right. A trailing stop will be useful to ride on the profits especially when there is no resistance in sight when the price is at all time high.
Exit Based on Fundamental Valuation
Exit when valuation is reached, unless the chart shows a continuation of uptrend - applicable when the stock price is at a highest record with no resistance level.
Exit on a pre-set price target
This is what most investors without technical analysis knowledge, or traders without technical analysis knowledge may do.

Final Note:
Entry and Exit plan is essential for active traders, and the setups should be used for those stocks that are not for long term investment. These stocks are often listed stocks under theme play and with heavy coverage by analysts and brokers to stimulate the stock market. As the professionals involved in these stocks are fund managers, watch closely at the valuation like fund managers do, and better looking forward to have a better valuation to be ahead of other traders to have a better entry and exit decision.
The entry setups may also be applicable for long term investment stocks for continuous accumulation because of the low public float, but the exit setup may not be suitable for these illiquid fundamentally sound stocks, which normally are stocks seldom covered by analysts and brokers.
Sun Tzu say:One who knows when he can fight, and when he cannot fight, will be victorious

Come back

Sorry for not updating my blog for some time. I want to take some time to think, analysing, soul searching and make some modification to my trading strategies. I lost so much money in the KLSE due to my stupidity, not well planning, not discipline and buying wrong time with wrong counter. At the moment, i still holding some stock but all in paper loss. Some more than 75% from buy time, some 50% from buying price. Even though, my holding is not so much but capital depreciation is very significant.

Yesterday, i bought Naim - 6000shares (3.08). I don't know my decision is correct or not. Waiting for push up due to Sarawak Election. I hope so...This is hoping strategy. He..he...