FKLI for 30/7/12

Sorry, unable to post my PNF chart, something is wrong with the google instant upload.

Resistance @ 1627 - 31 - 35.

Support @ 1620 - 18 - 16 - 09.

Breakout Point - 1621 / 20.

THH EOD 27/7/12

THH looks set, the three MA's showing an uptrend currently at its shorter term trend. 

Let's just watch if its able to break 0.445 / 0.45 this time successfully.

Anticipating for 50 cts level. Will that be happening anytime soon? Its already the end month of July now, will its upliftment of PN17 status be announced around the corner?

Hap Seng EOD 27/7/12

Hap Seng looks like its coming to a BB squeeze.

Worthwhile to monitor this particular counter for a breakout later part.


Will probably be accumulating now. 

CanOne EOD 27/7/12

Canone - Is the time coming soon? 

Hmm.. 

It looks good on last Friday, however will have to wait for a confirmation tomorrow.

If it could stay above its mid BB acting as support, then probably an entry point could be positioned there.

Resistance @ 2.79 - 2.93.

Support @ 2.64 - 2.54.

Oldtown EOD 27/7/12

Can Oldtown still continue its rally tomorrow on its T3 day? All the indicators are looking good though, however it is near to T4, which is quite uncertain though, as the past three days were up days for this particular counter. 

The directors bought in at 1.70, followed by 1.75 couple of days later.

Previous high 2.05, have not been tested yet on last Friday, however, 2.02 resistance has turned support for now.

At closing on Friday 27/7/12, a one gulp "makan" at 2.03 sell Q of 2k over lots were done and an additional of 7k Q to BUY were placed immediately after 450pm closing. This kinda show a pretty high demand at 2.03.

All indicators looking good upwards now, if it were to breakout above successfully on this coming week, probably we might be able to see it reaching 2.10. 

What do you think? Will there be some correction done tomorrow before rallying further? Or will it straight away shoot up high and fall lower in the later part of the day and closed lower?

Let's watch it. I find it pretty interesting to watch Oldtown counter. 

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FKLI for 26/7/12

Weekly chart - 2 yrs, still looking intact with its uptrend. However, the daily chart has shown some down movement, as posted last few days.

Resistance @ 1642 - 50.
Support @ 1633 / 32 - 23.


DJIA @ 12.51am + 52.18 pts / 0.41% , finally it is in the positive territory tonight. However, both Nasdaq and S&P are in the red still, near flat.


What could we be anticipating from KLCI tomorrow and the days to come? 

AT EOD 25/7/12

AT still doesn't seems to be ready to fly yet. It was just some tests done today. It has to close above 0.20 in order for it to level up further.

Current support @ 0.18 followed by 0.165.

TH Heavy EOD 25/7/12

TH Heavy looks all set to take off soon, with a high volume for today, supported by the rest of the indicators are looking upwards for the moment. 

It had kind of break out above its TOP BB line however the level which we all have been anticipating to break is at 0.445 - 0.45. Once it break this level successfully, then we might probably be seeing some new heights for this particular counter.

Resistance @ 0.445 - 0.475 - 0.49 - 0.51.

Support @ 0.42.

L&G EOD 25/7/12

L&G broke out above its top BB and has set a new high for the year, 0.465 with a high volume. 

Next level we are watching out @ 0.49 which coincides with Fibo 61.8%.

Support @ 0.445.

FKLI for 25/7/12

Looking at it, MACD line has cross below signal a little from the chart. And the candles have broken below its trend line as well. 

The price has also broken below its short term 10 days MA. Next we are watching out is @ 24 level to see if it could stay or break below it?

Resistance @ 1634.5 - 37.5 - 40.

Support @ 1624 - 21 - 13.5.

Breakout Point - 1629.

FKLI for 23/7/12

Resistance @ 1654.5 - 56 - 58.

Support @ 1646 - 36.5 - 28.

Breakout - 1648.

DJIA ended - 120.70 / - 0.93% on Friday. 

FKLI for 20/7/12

Resistance @ 1651 - 53 - 55 - 64.

Support @ 1644 - 34 - 26.

Breakout point @ 1648.

DJIA + 32.73 / +0.27% as of 9.48pm.

FKLI for 19/7/12

O - 1643.5, H - 1647, L - 1639, C - 1645.5

Resistance @ 1648 - 51 - 53 - 62.

Support @ 1641 - 32 - 24.


DJIA + 76.44 / + 0.60% as of 12am. 

Hap Seng EOD 18/7/12

O - 1.79, H - 1.82, L - 1.78, C - 1.80

High volume seen from today's trade of Hap Seng. However, there wasn't a long white candlestick though. It seems that the prices were controlled tightly in today's trade, perhaps some exchanging of hands in between two parties, ranging from within 1.78 - 1.80 level as noticed after lunch.

Do look at the left side, where there was another high volume with white long candlestick seen from the chart. However, the price has not actually spiked even after the demand there. It could define that some parties are still holding on to the shares, controlling its price range. Prices were moving sideways as one could view from the chart above.

1.78 would make a good support. FYI, it broke above 1.84 new high 5 days back, and sustaining within the range of 1.78 and 1.84 since then. 

It has earlier announced of its dividend payment of 4.5 cts, with ex date of 23/7/12 (next Monday).

Let's watch if its gonna be in action again soon?

FKLI for 18/7/12

O - 1634.5 , H - 1646, L - 1633, C - 1642.5

Resistance @ 1645 - 48 - 50.

Support @ 1637 - 30 - 24 - 22.

Breakout point @ 1643.

DJIA @ -34.21 points / - 0.27% @ 11.22pm. 

FKLI for 17/7/12

O - 1631, H - 1632.5, L - 1630, C - 1632.5

Resistance @ 1641 - 45 - 47.

Support @ 1627 - 20 - 18. 

Breakout point - 1633 level.

Goodnight!

L&G EOD 16/7/12

L&G - Directors bought a lot of shares since the past months, ranging from 0.32 - 0.41.

Today it showed a white long candlestick with a small upper shadow, with an increased volume. A breakout from its Upper BB. 

At closing of 0.425, the BUY Q increased when it has turned zero. That should bring the price higher in the coming days. It closed exactly at resistance level of 0.425.  

We should be waiting its next stop at 0.445, if this is a successful breakout! 

A strong support would be at 0.40, whereby next resistance levels are at 0.445 - 0.49.

MFlour EOD 13/7/12

There were some announcements on MFLOUR, stating that its directors have given notice of its intention to deal in the security of the company during the closed period. 

Could that be the reason due to the price fall? 

Support @ 1.55 which was at Friday's closing. Breaking below that would not be indicating any positive signal then, as it might be a downtrend of prices for Mflour, as 1.55 level is supported by Mid BB line. 

AT EOD 13/7/12

AT ended with a spinning top candlestick, where at near closing about an hour before 5pm, the price were pressed down to 0.195 and a quick ate up happened immediately after that push down. And it managed to close @ 0.21 with the high of the day of 0.215. 

It is looking set to move again after the past three days of retracement. It is currently above its support of 0.195 also coincides with Mid BB line. 

And let's watch tomorrow if it manages to break out above its Upper BB of 0.22 and breaking out its previous barrier of 0.235 successfully. 

Next few resistance @ 0.26 - 0.275. 

TH Heavy EOD 13/7/12

TH Heavy's chart really looks good at Friday's closing. 

ALL stochastic, RSI, MACD turning up and looking set to be moving up north very soon. 

O - 0.405, H - 0.43, L - 0.40, C - 0.425.

At the very last minute just before closing on Friday, there were some upwards movements, breaking out above its mid BB line, with a volume of 6.25 mil. 

It's somehow looking set to strike again this time. Perhaps, to the 50 levels breaking above its 0.445 - 0.45 barrier, which had failed to in the past month. 

Watch out and get ready on Monday! Let's watch if it could be successful this time.

FKLI for 16/7/12

FKLI was trading flat on Friday, with a high of 1629 and low of 1623.

Resistance @ 1632 - 37 - 42.5.

Support @ 1618 - 16 - 09.

DJIA closed beautifully on Friday, with 3 digits in the positive territory of + 203.82 points / + 1.62%.

Happy trading tomorrow! 

FKLI for 13/7/12

There were some retracements seen today, where FKLI opened @ 1633, H - 38, all the way down after that to closing @ 23.5.

Resistance @ 1632 - 37 - 44.

Support @ 1615 - 13 - 06.

DJIA as of 10.50pm @ -108.53 points / -0.86%.

What could we be expecting for tomorrow, last day of the week? Will it be a bad time of ending for the week?  

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FKLI for 12/7/12

O - 1626.5, H - 1636.5, L - 1625, C - 1636.5

Whoa, amazing ! KLCI achieved another fresh new HIGH again! And FKLI ended up nicely and closed at its highest price of 1636.5.

These couple of days have been great money making week for "LONG-ers", ha ha. 

Do have a look at the many green candles on the screen above. It has been up consecutively for the past many days. Really superb! A mere 15 points more to reach 1650 level. And will it then proceed further to 1700 level after that? 

Resistance @ 1639 - 46 - 56.

Support @  1628.5 - 23 - 13.

MFlour EOD 10/7/12

The recent hike of Mflour on 5/7/12 from 1.50 to high of 1.59, and closed @ 1.55, continued with its next day slight hike up to 1.56, H -1.60, C - 1.59 with some volume seen. 

These two days were not much of an upward movement, where by it settles around the range of 1.60 - 1.64. 

I'm anticipating for it to break above the trend line, so that we could see some nice profit @ 1.70 level.

R @ 1.65 - 1.70 - 1.74.

S @ 1.60 - 1.59.

AT EOD 10/7/12

Can AT (0072) continue to move upwards after the recent hike on 9/7/12 with a white long candlestick seen from the chart, followed by a doji today? 

Volume today is higher - 249, 804 with a 75% buying rate. 

R @ 0.235 - 0.25 - 0.26 - 0.27.

S @ 0.215 - 0.21.

If any of you did monitor the queue and movement for today, it was up to 0.235 before settling lower and ended at 0.22 closing. Where at this level of 0.22, there were kinda support, through its buyer coming in with smaller lots instead continuously and that made up of the 78,387 lots done. And do look at the SELL Q too. Think carefully what does it signifies? 

FKLI for 11/7/12

I'm sorry for not posting any update yesterday night as i was having a real bad headache since afternoon of yesterday.

O - 1623, H - 1630.5, L - 1622, C - 1629.5

Resistance @ 1635.5 - 42 - 53.

Support @ 1620 - 11 - 09.

DJIA +23.05 / + 0.18% as of 11.53pm.

ZELAN EOD 6/7/12

Zelan - Increased volume on Friday, and a slight spike from 0.39 - 0.41, and closed at 0.405.

Current price is at support 50 days MA and hovering around 200 days MA. Will it be touching 100 days MA around 43 cts level which also coincides with Fibo R 38.2%?

Current support @ 0.40. 

Just a note : Zelan has been within range 0.36 - 0.40 since 18 May 2012.

FKLI for 9/7/12

I heard many people talking about Wave 5 for KLCI / FKLI already by now. And i wonder if it's gonna happen (drastic downturn), as based on Elliot Wave Theory that after this last wave, there is gonna be a sharp pullback, as understood from some friends of mine. However, i do not have much insights about Elliot Wave theories.

Well, i'm just gonna be posting my charts as usual. 

FKLI / KLCI have set new historical high levels last Friday respectively @ 1625.5 / 1620.55.

Whereby DJIA was down in the red negative territory of -124.20 points / - 0.96% at closing.

Wonder what and how will FBMKLCI be for tomorrow? Let's watch!

Resistance @ 1629 - 34 -36 -46.

Support @ 1618 - 07 -05 -1598. 

I have a broker friend who told me to watch out once it reaches 1650 level. Accordingly, KLCI is still very bullish for the time being. Well, it does looks bullish. However, i'm standing on a neutral position.  

HSL EOD 5/7/12

HSL - Known as Hock Seng Lee Bhd has projects in hand for a value of total RM 2.07 billion , after they managed to secure a contract worth RM 291 million to design and build University Teknologi Mara (UiTM) campus in Mukah, Sarawak.

Its managing director Datuk Paul Yu Chee Hoe said the project was expected to contribute positively to the company's earnings from this year right through to year 2015.

And this new project has brought the total value of new contracts secured by HSL to RM 472 million so far in this year 2012. It is a strong year for them. 

As of today, there was a breakout seen from the chart, with huge volume. And it managed to stay above 1.65 - 66 @ closing. For tomorrow, we might probably be looking @ 1.71 - 1.77. What say you? 

It would be great if it were to be able to hold above 1.77 level. As this is the 52 weeks high level. Let's watch.

Ann Joo EOD 5/7/12

Ann Joo - Double bottom.

There was an up movement today, however it didn't managed to stay its upward momentum, and finally closed @ 1.64, 1 ct below opening of 1.65. But one positive thing is, that it is still above 1.63. Why do i say so? It's because if it were to break below this level, it will then probably move lower to its previous low of 1.58 or maybe lower which i wouldn't know.

MACD doesn't show any positive signal for the moment. It didn't break above the mid BB, which is still indicating that this stock is in downtrend.

Level to break is 1.70 and staying above it, would then show a positive sign. The next few resistances @ 1.80 - 1.84 (this would be the strongest resistance level) as it coincides with Fibo Retracement 23.6% as well.

He he, Chris Chung. My analysis lo...... 

FKLI for 6/7/12

O - 1616, H - 1620, L - 1610.5, C - 1618

While i was observing both futures and cash market; what i saw today was that FKLI managed to hold around 1613-14 level from this morning until noon, while KLCI dived lower to below 1610, where at that moment i saw some supports in it. And finally after lunch opening, it really made a move upwards, to 1619 level and ended itself closing at 1618 for the day.

Resistance @ 1620 - 27 - 32.

Support @ 1614 - 05 -03 - 1589.

DJIA @ 9.59pm : -70.16 / -0.54%. 

FKLI for 5/7/12

O - 1614.5, H - 1619.5, L - 1614 - 1617

Today's trading was quite in a tight range, from 1614 - 1619.5, only 5.5 points difference from its low and high.

However, anticipating for a breakout @ 1616 as stated in the previous chart, it was only a 2-3 points profit for today's trade. 

Anyhow, R for tomorrow @ 1619 - 23 - 29.

S @ 1610 - 03 - 00.

Sorry, mistake. I just realized US on holiday tonight. Ha ha. Goodnight to all.

Hua Yang EOD 4/7/12

Hua Yang - A not quite bad co accordingly to some of the friends and also comments that i read from a website.

It has so far posted some earnings in the properties sector, of recent year end profit increased of 110.90%.

And has proposed for a final & gross div of 15 cts, subject to approval of shareholders.

Its NTA is @ 1.86.

Will this counter continue its upward movement, with its div proposal which have yet to receive any news on it?

KSK (Kurasia) 4/7/12

KSK, aka as Kurasia before today, is currently in dull mode, with low vol. Observing its collection @ 0.65 - 0.655 cts lately.

Wonder what is it up to? 

Looking at it @ 0.655 today, the BUY Q has been coming up whenever there is dumping at that level, once finished, the BUY Q will eventually increase, but in small volume.

However, the selling Q's are looking somehow different already from the past few days of monitoring. It is more flat already off late, rather than being huge at certain prices on the day it spiked above its 52 weeks high. 

Is it time soon already? Hmm.. I have no idea, just trying to figure out what is on through the Q's from the screen.

MKH EOD 3/7/12

MKH - Finally moved some few ticks ahead of its long stagnant price ranging from RM 2 - 2.02 today.

O - 2.02, H - 2.06, L - 2.02, C - 2.05

Will it continue to move upwards again? 2.06 is resistance for today, and it will be followed by 2.11 - 2.18.

Support @ 2.02 - 2.00.

Can it touch its 52 weeks high price @ 2.40, if it manages to break above 2.18 soon?

FKLI for 4/7/12

FKLI broke above 1604/05 level, and it was indeed good profit for those who have long-ed accordingly.

With a merely 5-6 points per contract, if were to close @ 11-12 level. 

O - 1602.5, H - 1614.5, L - 1602.5, C - 1612.5

Resistance for tomorrow @ 1616 - 27 -37

Support @ 1608 - 02 - 1599

DJIA +26.22 / +0.20% @ 10.28pm.

News to follow :

Factory orders rose more than expected by 0.7% vs forecast 0.2%. However, the trend in US manufacturing has appeared softer. New factory orders have declined in 3-5 months through May. 

France economy is in the "danger zone". 

Spain may need more aid despite EU Summit steps.

Hup Seng 2/7/12

Hup Seng - new high of RM 2.70 last Friday. The current price is still walking along the top BB. 

MA's have been looking good since then.

Div as of last year 25 cts per annum. 

What else more? Can anyone out there care to share their opinions and fundamentals of this co?

FKLI for 3/7/12

Opened gap up this morning @ 1607, from last Friday closing 1600. It then went up to the highest of 1611.5, before retracing lower to sideways movement, and after closing of FBMKLCI, a drop to 1602 level before the close for FKLI ended @ 1604.

Resistance @ 1613.5 - 1624 - 1634

Support @ 1600 - 1597.5 - 1586

Breakout point - 1604 / 05 level.

DJIA - 56.23 / -0.44% as of 10.49pm.

Some news to follow :

US Manufacturing Drops - First time in the two years, fell to 49.7 from May of 53.5, and it is the lowest reading since July 2009.

Construction Spending Grows - rose to its highest level in nearly 2 1/2 yrs in May - investment in residential & federal government projects surged.

FKLI for 2/7/12

FKLI - End of the spot month June 2012, last Friday, and we will be beginning and looking to July's contract tomorrow. Where most people would have opened positions for July's contract even before yesterday. 

A brief cap of FKLI :

O - 1593.5, H - 1607, L - 1593, C - 1600

Right now, what we have seen and were happy from the DJIA closed last Friday night of + 277.83 points up / +2.20%. 

With Nasdaq up + 85.56 / +3%, S&P +33.12 / +2.49%.

We will all be asking, is this rally strong enough and whether can it be lasting? We will then have to watch the European bond yields next week.

And few data's from the US side to be released as well. 

Attached below is the Economic Calendar for 1st week of July 2012 :

Let's get back to FKLI July 2012

Daily chart ending @ 29 June 2012.

Weekly chart FKLI. 

Resistance @ 1606.5 - 1610 - 1615 - 1621 - 1630

Support @ 1598 - 1594

Happy Trading!