Based on my trading plan of profit tgt at 2.07~2.09
( http://reiccs.blogspot.com/2011/12/momentum-play-bimb.html ),
BIMB has achieved the target yesterday.
So, one should take all profit, if not,at least half profit for those aggressive trader.
For the remaining position, lets see how she able to hang on to the Bollinger Band.
Note, MACD indicator is showing red and Stoc %K is going down from overbought level.
So, if tomorrow close below 2.02 or the candle drop out from the band,
one would also close the remaining position.
Wednesday, 28 December 2011
Momentum play- Latexx followup
Yesterday did a breakout but with very low volume, so no enter. Today, she drop back into the triangle. Lets monitor these few days to see whether triangle formation will be nullified.
Sunday, 25 December 2011
Momentum Play - Latexx
Well, Latexx is doing a symmetrical triangle, if Tuesday push up with high volume, then there will be a breakout from the triangle with a Profit target 2.27. Lets see, how she react on Tuesday morning, a climb above 1.96 with high volume would be a strong signal there will be a breakout. Once enter, if she closes below 1.94, then, then I would consider the breakout not successful. Hmm...lets see the trade is on or not on 27/Dec.
FA point of view, the below charts says it all ;) , beside Latexx, as blogged by me under my Value Invest list, Coastal is also in the list. The other company worth mentioning is HSL (Hock Seng Lee), I keep to write her up till later as the Technical show some signal.
Latexx among 14 Malaysian firms on Forbes Asia's 'Best Under a Billion' list
FA point of view, the below charts says it all ;) , beside Latexx, as blogged by me under my Value Invest list, Coastal is also in the list. The other company worth mentioning is HSL (Hock Seng Lee), I keep to write her up till later as the Technical show some signal.
Latexx among 14 Malaysian firms on Forbes Asia's 'Best Under a Billion' list
Malaysian firms on Forbes Asia’s Best Under a Billion list 2011
| |||
Sales (US$ mil)
|
Net Income
(US$ mil)
|
Market Value
(US$ mil)
| |
Coastal Contracts
|
219
|
65
|
331
|
EA Holdings
|
7
|
1
|
16
|
Hartalega Holdings
|
243
|
63
|
677
|
HELP international
|
34
|
6
|
100
|
Hirotako Holdings
|
93
|
12
|
108
|
Hock Seng Lee
|
158
|
24
|
285
|
KKB Engineering
|
87
|
25
|
148
|
Latexx Partners
|
161
|
21
|
125
|
Masterskill Education
|
102
|
33
|
235
|
Mudajaya Group
|
282
|
70
|
506
|
MyE.G. Services
|
19
|
6
|
128
|
Top Glove
|
663
|
78
|
1025
|
Vitrox
|
28
|
10
|
92
|
Xidelang Holdings
|
151
|
25
|
44
|
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