Although I can identify some signs that the KLSE is weakening and approaching resistance levels. These are: negative divergence on the RSI, distribution, and pivot points. However, they are nothing more than just signs right now. Until the uptrend is violated, there will be no confirmation so I am happy to keep riding the uptrend.
SHARETHIS.addEntry({ [...]
Silly me! In my excitement yesterday over providing the book review I forgot to add something very important for technical analysis for Malaysian stocks. A lot of people get disappointed with technical analysis because they make a trade based on a signals and most of them don’t seem to work. There are many reasons for [...]
Last weekend I just finished a book from a great instructor on technical analysis. This author has been described as the “Technician’s technician” and I have to say that I agree. Here are some of the reasons why I think that this is the case:
1) He advises that technical signals are not bulletproof and that [...]
Last weekend I just finished a book from a great instructor on technical analysis. This author has been described as the “Technician’s technician” and I have to say that I agree. Here are some of the reasons why I think that this is the case:
1) He advises that technical signals are not bulletproof and that [...]
I have just posted up a scorecard of Vtec. As you can see, this is a company that scores quite highly. The only thing it doesn’t really do well on is its growth in receivables, which is not really commensurate with its growth in turnover. But that is not a big deal given that it [...]
notion19-06-07.pdfSHARETHIS.addEntry({ title: “Notion Vtec Bhd”, url: “http://www.tradingmalaysia.com/2007/06/19/notion-vtec-bhd/” });
A reader asked me to comment on KFC so I have posted up its scorecard. This is because it’s one of the best blue chips on the KLSE with extremely steady, stable, earnings growth. The factors which affect its balance sheet are also easy to understand - cost management, inflation and health events like SARs [...]
kfc08-06-07.pdf
SHARETHIS.addEntry({ title: “KFC Holdings (Malaysia) Berhad”, url: “http://www.tradingmalaysia.com/2007/06/09/454-2/” });
kfc08-06-07.pdfSHARETHIS.addEntry({ title: “KFC Holdings (Malaysia) Berhad”, url: “http://www.tradingmalaysia.com/2007/06/09/454/” });
Due to some behind the scenes messing around, the scoresheets are temporarily unavailable. We will repost them up as soon as we can.
SHARETHIS.addEntry({ title: “Company Scoresheets Down”, url: “http://www.tradingmalaysia.com/2007/06/09/company-scoresheets-down/” });
| DJIA | 11220.96 | |
| 000001.SS | 2143.42 | |
| ^STI | 2694.34 | |
| ^KLSE | 1070.54 | |
| ^BSESN | 15058.23 |
