Tuesday, September 4, 2007

KLSE Tips for today

The EPL on last weekend was one win and one loss.

Now have a look on our Malaysia stock market. I am going to display daily tips here. What you need to do is follow the range and trade. I will give certain range for the bullish counter. e.g Genting 7.5-8.5. When Genting price pass 7.5, that means it is buy signal and you can consider to hold till next target which is 8.5. If Genting price at the moment is 7.6, after that it drops to 7.35, which is below the support level, that means you have to cut loss and sell it. Always remember that support level (7.5 in this example) and Resistance level (8.5 in this example). Resistance level is guidance for you to lock profit and Support level is for you to cut loss.

Have a look at the following counter for today:

Hubline 0.7-0.75
L & G 0.76 - 0.88 - 1.00
Success 0.96-1.02-1.08
Bornoil 1.04-1.09-1.14

Don forget Equine and Ranhill as well. :)

Thats all for this morning, I will update if there is any in the afternoon session.

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