Analysis 22/4/2011

Market closed in negative territory. Profit taking still going on. Mild correction. ACE dominated the market today. How about my shares???

1. CMSB





The longest shares that i hold in hand. Based on chart, the shares still in downtrend trend with slightly positive bias after BN won the election in Sarawak. Maybe, Taib Mahmud will be removed from CM, that's why the shares keep plunging. The trend will be reversed after piercing through downtrend channel.

Today, i have sold all at 2.34 and buy back at average 2.31. However the price closed lower at 2.28.

2. Iris - sold all at 19 cent.

3. PJI - sold all at 18.0.

4. WTK - sold all at 1.99( Balance from last buying 900 shares).Price will take rest before charging higher)

5. Unisem - again sell early. Price go up to 2.07(learn be patience)

6. Leweko - add 100000 at 24 cent. Hope it charge next week. Closed at 23 cent.

7. YTL Land - buy 5000 shares at 1.82. Closed at 1.85. Good...

8. Harbour - force sell today. Cleared 12100 at 98.5 cent. Loss. Still have some balance.

9. E&O warrant - buy 30000 shares at 25 cent.

10. Amedia - sell 57000 shares at average 33.5. Buy back 40000 at 31.5. Will sell all at 34 cent. Still have balance from yesterday buying (29200 shares)