Friday, May 28, 2010

Technical Analysis: Doji Candlestick

A lot of stock has been retrace down (oversold stage), a simple candlestick formed, that's the opportunity to entry. However, if DOJI formed at overbought stage, time to exist take profit. DOJI candlestick= Reversal candlestick!


Let see a few real example to enhance your confident level.  


BJTOTO


BJTOTO was retrace down from RM4.64 to RM4.16 without any rebound!

On 27 May 2010, BJTOTO was formed DOJI. 

Pls watch closely avoid miss the opportunity!


KKB


KKB was retrace down from RM2,23 to RM1.50 without any rebound!

On 26 May 2010, KKB was formed DOJI. 

On 27 May 2010, KKB rebound 4.5%



KNM

KKB was retrace down from RM2,23 to RM1.50 without any rebound!

On 28 April & 26 May 2010, KNM was formed DOJI. 

On 29 April rebound 6.9% & 27 May 2010 rebound 5.2%




TM

TM was retrace down from RM3,43 to RM3.08 without any rebound!

On 24 May 2010, TM was formed DOJI. 

On 26 & 27 May 2010, TM rebound 4.8%


Remark: 

Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

Sunday, May 16, 2010

YEE LEE CORPORATION BHD: Bonus & Share Split



(I) PROPOSED BONUS ISSUE

Bonus issue of 25,081,600 new ordinary shares of RM1.00 each held in YLC (“Shares”) (“Bonus Shares”), to be credited as fully paid-up, on the basis of two (2) Bonus Shares for every five (5) existing Shares held in the Company on an entitlement date to be determined later (“Proposed Bonus Issue”);


(II) PROPOSED SHARE SPLIT

Share split involving the subdivision of every one (1) YLC Share held into two (2) ordinary shares of RM0.50 each in YLC (“Proposed Share Split”);


You may refer KKB & HAIO trend to do $ projection, how high will YEELEE go!

http://stocktalk-quah.blogspot.com/2010/03/kkb-engineering-berhad-dividend-bonus.html

http://stocktalk-quah.blogspot.com/2010/01/hai-o-bonus-share-split.html

As today, seem like already overbought on this counter, from  RM2.30 up till RM3.28 still not yet retrace down doing correction.

KKB had been doing 2 correction & 1 month consolidation before break UP RM7.00

HAIO had been doing 3 correction before share split & bonus issue. 

So, once correction is coming, there is a lot opportunity to buy this stock.

Let keep this stock as our watch list, dun miss the coming GOLDEN opportunity!!!




Remark:

Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

Thursday, May 13, 2010

KKB update 3...



KKB announce share split & bonus issue ex-date as 24/05/2010.  (limited trading days left)

If refering KPJ, HAIO (bonus+share split) trend, KKB should be as below:

a few days before ex-date,  up around 15%!

If calculate based last trading day of KKB(after annouce ex-date), RM6.20 x 15% = RM0.93!
So i m predict that KKB will reach RM7.15 new record!



Today KKB already stand at RM6.90… I am confidence it will easily break through RM7.15… How high will it go??? At current stage, I really no idea!

From technical analysis, KKB is just break up bolinger squeeze. Now hugging Bolinger Upper Band. So, it should able create HIGH record b4 ex-date. 

Do predict, this bull will be more bullish after share split...



Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

Sunday, May 2, 2010

KKB update 2...


From Technical Analysis, MA50 RM5.55 is the strong support
It has consolidate & forming bolinger band squeeze, now just waiting for a confirmation to break up.

From Fundamental Analysis, it will be break up by 2nd week of May.

15cent dividend, share split as well as bonus issue will be confirmed on coming AGM, 11 May 2010.


Added, Quarterly Result will be announce around end of May 2010.
The bull will take place once break up the bolinger band & toward higher high!
Let watch closely how it perform next few weeks.

Remarks:


Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!