REDTONE


Took 50% Profit at 0.375

50% waiting for next resistance.. 0.385

Going in during 4.40pm and hope it does not go up too much..

E ( Entry) : 0.67 ( Closed at or above it)
S ( Stop Loss) : 0.62
P ( Profit) :0.735
RRR (Risk to Reward Ratio) = 1.3 (Average)

E ( Entry) : 0.67 ( Closed at or above it)
S ( Stop Loss) : 0.62
P ( Profit) :0.82
RRR (Risk to Reward Ratio) = 3(Rewarding)

E ( Entry) : 0.67 ( Closed at or above it)
S ( Stop Loss) : 0.62
P ( Profit) :0.86
RRR (Risk to Reward Ratio) = 3.8 (HIghly Rewarding)

Just lucky only .. Some of the forummers at my blog as me, then I Check it out can paste the analysis

Today it forms a higher low which confirm the bullish attack After a weak hammer

Should we bull on Plantation Sector ?
Written By Edwin Toh on Thursday, 4 October 2012 | 8:35:00 PM

There are several reason to bull on plantation sector especially those which are focusing on oil palms

1) Malaysia may reduce palm oil tax . If this succeeds it will greatly increase the profit for the plantation sectors. Check this from Business Times

2) CPO prices is the lowest since year 2008. There might be a correction on the CPO prices and now it is rebounding

Let check the Plantation Index Sector




Indicators
1 ) Trendline - Below the downtrendline (Bearish)
2) Support/Resistance - Formed Lower Low (Bearish)
3) MACD -Formed 4G1R Signal (Bearish)
4) RSI - Inclining and testing 30% (Slightly Bullish ) .If break the 30% it will indicate bullish
5) STO - Inclining and testing 20%(Slightly Bullish ) .If break the 20% and bullish crossover it will indicate bullish
6) Ichimoku - a) Below resistance cloud (Bearish).
b) Conversion line below the base line (Bearish).
c) Price below the baseline ( Bearish)
7) Candlestick BUllish Harami ( Bullish).

Conclusion:
Bearish - If break above the downtrendline it will show that is bullish back. This will happen if either one of the condition above meet.


Check the Counter Performance for Plantation Counters







A few laggards counters to monitor

1) TDM
2) RSAWITRSAWIT -- Check This out
3) SOP
4) GENP
5) BSTEAD
6) KLK

Leading
1) KULIMCheck this out...
2) UTDPLT

This post has been edited by edwin32us: Oct 4 2012, 09:16 PM

These are the few stocks which are cheap compare to the Giants like UTDPLT / KLK and Sime Derby. If buy those it will take about few months to achieve the 10% profit..

Today form a super nice long hammer

On October 5 Trading, everybody was enthusiastic when it broke 0.745 resistance during the midday by in a big volume and after at the last minute buying pressure went to minimal from 2k lots to about 300lots which not able to sustain the selling pressure at 0.74. During the last minute at 4.50pm, it went down by 2 pips to 0.73 which i dont know whether the market movers did it on purpose to create a bearish pattern to gain more discount stock from retail investors..

Let analyse the SYF Resource Stock Analysis Chart which was closed on 5 October 2012.




Indicators
1) Trendline - Broke above the down trendline (Bullish)
2) Support/Resistance - Formed higher low (Bullish)
3) MACD -4R2G (Bullish)
4) RSI - Retracing toward 30% (Bearish) .If white candle there is chances of reversal sign
5) STO - Bullish Crossover and broke above 20% (Bullish).
6) Ichimoku - a) Above support cloud (Bullish).
b) Conversion line above the base line (Bullish).
c) Price above the baseline ( Bullish)
7) Candlestick - Doji Star Formed. ( Bearish).
8) Volume Distribution - Buying Pressure is strong ( Bullish).




9 ) Company Performance - Earning Report getting better and better no wonder many investors are eyeing on this counter



Conclusion:
Bullish -

According to the pattern on 16 August.. It went up pretty high a day before and pause for a while with high volume and follow with a black candle with low volume ( Profit Taking ) and then went started to go up since 22 August from 0.54 to 0.83..


E ( Entry) : 0.67 ( Closed at or above it)
S ( Stop Loss) : 0.62
P ( Profit) :0.735
RRR (Risk to Reward Ratio) = 1.3 (Average)

E ( Entry) : 0.67 ( Closed at or above it)
S ( Stop Loss) : 0.62
P ( Profit) :0.82
RRR (Risk to Reward Ratio) = 3(Rewarding)

E ( Entry) : 0.67 ( Closed at or above it)
S ( Stop Loss) : 0.62
P ( Profit) :0.86
RRR (Risk to Reward Ratio) = 3.8 (HIghly Rewarding)


Next Resistance at 0.68 / 0.75 / 0.83 / 0.877
Support at 0.635 / 0.615 / 0.59 / 0.53

I think they are not able to tax from stock market because think it at the another side. If we lose 100K, are will able to collect compensation from them..

They only tax was paid is dividen only

For me if i was a full time investors.. If we are making a lot of money from investment and request for tax.. I will try to make some small loses in some years..

By the time they request me to pay..

I will provide a few years statement..

For Example..
First Year - Profit 300K
Second Year - Lose 50K
Third Year Profit 100K

If they pay me back for the 2nd year then only i will pay those tax.. Then will their receipt.. for any losses in the 4th year or so , i can claim back from them haha..

But in Bolehland.. we are always the victim..

This counter Scomi has been in the Top 10 Counter more than a week due to IJM buying 20% of their stock . This proof that Scomi Business Profit or Business Concept have been inside the IJM investment radar.

Lets check the Stock Analysis Chart for SCOMI on 8 October 2012.




Indicators
1 ) Trendline - Above the bullish trendline (Bullish)
2) Support/Resistance - formed higher high and higher low (Bullish)
3) MACD - Formed 4R1G(Bullish)
4) RSI - Incline and testing 70% (Slightly Bullish). If break above 70% it will be bullish
5) STO - Formed Bullish crossover in the overbought zone (Slightly Bullish).
6) Ichimoku - a) Above support cloud (Bullish).
b) Conversion line above the base line (Bullish).
c) Price above the baseline ( Bullish)
7) Candlestick - Formed a Bullish Engulfing ( Bullish)

Conclusion:
Bullish

E ( Entry) : 0.4( Ensure closed at or above it)
S ( Stop Loss) : 0.35
P ( Profit) :0.43
RRR (Risk to Reward Ratio) = 0.6 ( Risky)


E ( Entry) : 0.4( Ensure closed at or above it)
S ( Stop Loss) : 0.35
P ( Profit) :0.45
RRR (Risk to Reward Ratio) = 1( Average)

E ( Entry) : 0.4( Ensure closed at or above it)
S ( Stop Loss) : 0.35
P ( Profit) :0.47
RRR (Risk to Reward Ratio) = 0.86 ( Slightly Rewarding)

Next Resistance at 0.43/ 0.455 / 0.48 / 0.5 / 0.55 ( Bullish Pennant TP)
Support at 0.4/0.35 / 0.32 / 0.3 / 0.28

Will SYF Pattern Dream come true.


As mention on the previous post on 5 October that it shows a similiar pattern that after a Doji it will formed a black candle with low volume ( PROFIT TAKING) . Tommorow there might a chance to go up a big white candle..





Indicators
1) Trendline - Broke above the down trendline (Bullish)
2) Support/Resistance - Formed higher low (Bullish)
3) MACD -4R3G (Bullish)
4) RSI - Retracing toward 30% (Bearish) .If white candle there is chances of reversal sign
5) STO - Bullish Crossover and broke above 20% (Bullish).
6) Ichimoku - a) Above support cloud (Bullish).
b) Conversion line below the base line (Bearish).
c) Price above the baseline ( Bullish)
7) Candlestick - Doji Star Formed with a black candle. ( Bearish).
8) Volume Distribution - Small Selling Pressure is stronger ( Bearish).







9 ) Company Performance - Earning Report getting better and better no wonder many investors are eyeing on this counter



Conclusion:
Bullish -

According to the pattern on 16 August.. It went up pretty high a day before and pause for a while with high volume and follow with a black candle with low volume ( Profit Taking ) and then went started to go up since 22 August from 0.54 to 0.83..


Previous Call on 3 October
E ( Entry) : 0.67 ( Closed at or above it)
S ( Stop Loss) : 0.62
P ( Profit) :0.735
RRR (Risk to Reward Ratio) = 1.3 (Average)

E ( Entry) : 0.67 ( Closed at or above it)
S ( Stop Loss) : 0.62
P ( Profit) :0.82
RRR (Risk to Reward Ratio) = 3(Rewarding)

E ( Entry) : 0.67 ( Closed at or above it)
S ( Stop Loss) : 0.62
P ( Profit) :0.86
RRR (Risk to Reward Ratio) = 3.8 (HIghly Rewarding)


Buy Call for 9 October
E ( Entry) : 0.755 ( Closed at or above it)
S ( Stop Loss) : 0.67
P ( Profit) :0.82
RRR (Risk to Reward Ratio) = 1 (Average)

For more risk n higher reward
E ( Entry) : 0.72 ( Closed at or above it)
S ( Stop Loss) : 0.67
P ( Profit) :0.82
RRR (Risk to Reward Ratio) = 2 (Good )


Next Resistance at 0.68 / 0.75 / 0.83 / 0.877
Support at 0.635 / 0.615 / 0.59 / 0.53

Thanks hope get winning streak like you all

Kulim[COLOR=blue][SIZE=7] almost at the entry price for big bull

Thanks to the CPO tax Cut, most of the plantation counters fair much better




Indicators
1 ) Trendline - Broke back above the uptrendline the (Bullish )
2) Support/Resistance - Formed higher Low (Bullish ). If break above 5.03 will formed a higher high which will indicate further stronger bullish attack
3) MACD - Positive Region and Bull signal above the bearish signal (Bullish )
4) RSI - Rebound from 50% and inclining (Bullish ) .If break the 70% it will indicate more bullish
5) STO - Broke above 80% and formed bullish crossover (Bullish )
6) Ichimoku - a) Below resistance cloud (Bearish). If break above it will indicate stronger bullish
b) Conversion line above the base line (Bullish).
c) Price above the baseline ( Bullish)
7) Candlestick BUllish Engulfing( Bullish).

Conclusion:
Bullish - If remain above the uptrend line

Previous buy call on 4 October

Entry Price at 5.05
Stop Loss at 4.7
Take Profit at 5.37
Risk to Reward Ration ( RRR) = 0.94 (Slightly Below Average)

Another potential bull for Redtone..




Indicators
1 ) Trendline - above the Uptrend (Bullish)
2) Support/Resistance - formed Higher Low at 0.36 ( Bullish)
3) MACD -4R1G signal ( Bullish)
4) RSI - Trending up from 50%( Slightly Bullish)
5) STO - If rebound from 20% and with a bullish crossover at 1~2 days after MACD 4R1G signal will provide more bullish confirmation
6) Ichimoku - a) Broke Above support cloud (Bullish).
b) Conversion line above the base line (Bullish).
c) Price above the baseline ( Bullish)


Conclusion:
Bullish -


E ( Entry) : 0.395
S ( Stop Loss) : 0.35
P ( Profit) :0.405
RRR (Risk to Reward Ratio) =0.37 (Risky)


E ( Entry) : 0.395
S ( Stop Loss) : 0.35
P ( Profit) :0.425
RRR (Risk to Reward Ratio) = 0.75 (Slightly Risky)


E ( Entry) : 0.395
S ( Stop Loss) : 0.35
P ( Profit) :0.44
RRR (Risk to Reward Ratio) = 1.12 (Average)

Perisai

E ( Entry) :1.08 ( Closed at or above it)
S ( Stop Loss) : 1.04  
P ( Profit) :1.11
RRR (Risk to Reward Ratio) = 0.75 (RISKY)


E ( Entry) :1.08 ( Closed at or above it)
S ( Stop Loss) : 1.04  
P ( Profit) :1.13
RRR (Risk to Reward Ratio) = 1.25 (Average)


E ( Entry) :1.08 ( Closed at or above it)
S ( Stop Loss) : 1.04  
P ( Profit) :1.18
RRR (Risk to Reward Ratio) = 2.5 (Rewarding)


Resistance 1.11/ 1.15 / 1.16/ 1.2 / 1.23 / 1.25
Support   1.06 / 1.02 / 0.995 / 0.97 / 0.93

KUCHAI Formed Higher Low with MACD 4R2G



Bullish -
E ( Entry) :1.03( Closed at or above it)
S ( Stop Loss) : 1.01
P ( Profit) :1.05
RRR (Risk to Reward Ratio) =1 (Average)

E ( Entry) :1.03( Closed at or above it)
S ( Stop Loss) : 1.01
P ( Profit) :1.07
RRR (Risk to Reward Ratio) =2 (Rewarding)




JCY testing the resistance at 0.795



Bullish -
E ( Entry) :0.81( Closed at or above it)
S ( Stop Loss) : 0.77
P ( Profit) :0.89
RRR (Risk to Reward Ratio) =2 (Rewarding)


Resistance at 0.82 / 0.91 / 1.01/ 1.06
Support at 0.74 / 0.7 / 0.65 / 0.615


ALAM - Shooting Star with high volume occurred..

KLSE



Indicators
1 ) Trendline - Broke below the uptrend line .. ( Bearish )
2) Support/Resistance - Formed higher high ( Bullish )
3) MACD -Bearish Crossover with MACD 4G4R ( Bearish ) . Awaiting for 4R1G signal
4) RSI - Marginally Broken below 50% (Slightly Bearish) , If break below at 50% will indicate further bearish
5) STO - Broke below 50% and bearish crossover (Bearish)
6) Ichimoku - a) Price coming above from the support cloud (Bullish )
b) Conversion line above the base line (Bullish).
c) Price close below the baseline ( Bearish) .
7) Candlestick pattern - Formed a weak hammer on the support at 1649 ( Bearish)

Conclusion:
Bearish .. The is chances that it will formed higher low at 1649 and rebound higher . If tomorrow rebound with white candle ,

RSI - Indicate rebound above 50%
MACD - 4R1G signal

Resistance- 1668 /1681 /1725
Support - 1649 / 1621 / 1600


SYF



Bullish -

E ( Entry) : 0.77 ( Ensure closed above this price)
S ( Stop Loss) : 0.73
P ( Profit) : 0.81
RRR (Risk to Reward Ratio) = 1. (Average)

E ( Entry) : 0.77 ( Ensure closed above this price)
S ( Stop Loss) : 0.73
P ( Profit) : 0.86
RRR (Risk to Reward Ratio) = 2.25 (Slightly Rewarding)

Resistance at 0.8 / 0.825 / 0.875 / 0.915
Support at 0.74 / 0.69 / 0.64


GPACKET



Conclusion:
Bullish -


E ( Entry) : 0.61 ( Ensure closed above this price)
S ( Stop Loss) : 0.56
P ( Profit) : 0.67
RRR (Risk to Reward Ratio) = 1.2 (Slightly Rewarding)

E ( Entry) : 0.61 ( Ensure closed above this price)
S ( Stop Loss) : 0.57
P ( Profit) : 0.69
RRR (Risk to Reward Ratio) = 1.6 (Slightly Rewarding)

E ( Entry) : 0.61 ( Ensure closed above this price)
S ( Stop Loss) : 0.57
P ( Profit) : 0.725
RRR (Risk to Reward Ratio) = 2.3 (Rewarding)

Amedia

RISKY BUY BUT BIG GAIN..

E ( Entry) : 0.42
S ( Stop Loss) : 0.36
P ( Profit) : 0.455
RRR (Risk to Reward Ratio) = 0.58 (Risky)

E ( Entry) : 0.42
S ( Stop Loss) : 0.36
P ( Profit) : 0.5
RRR (Risk to Reward Ratio) = 1.33 (Average)




Slow and Steady Buy Call

E ( Entry) : 0.47 ( Ensure closed above this price)
S ( Stop Loss) : 0.40
P ( Profit) : 0.59
RRR (Risk to Reward Ratio) = 1.71 (Slightly Rewarding)

Lazy to explain.. can always click at my homepage for details.. at my signature..

Alam formed a bullish harami after matching low.



Bullish -
E ( Entry) :0.74 ( Closed at or above it)
S ( Stop Loss) : 0.715
P ( Profit) :0.77
RRR (Risk to Reward Ratio) = 0.83 (RISKY)