Weekly Updates 7 –
10 Oct 2014
Long term uptrend intact. KLCI is currently well supported
and waiting for rebound. KLCI most likely will stay sideway as market is
cautious about Budget 2015 and possible adjustment of US interest rate. Be
aware of market sentiment and traders are advised to buy on dip rather than
chase high.
FBMSCAP is trading lower and resisted by 20MA. Currently it
is supported and will rebound if KLCI able to rebound on this week. Traders are
advised to reduce position size for new entry. Please follow your trading plan
strictly if the market is not in a favourable position.
MIKROMB
Target price 1 : 0.415 (+9.3%)
Target price 2 : 0.435 (+14.4%)
Cut loss : 0.365 (-3.9%)
PENTA
Target price 2 : 0.435 (+14.4%)
Cut loss : 0.365 (-3.9%)
PENTA
Target Price 1 : 0.44 (+8.6%)
Target Price 2 : 0.47 (+16%)
Cut loss : 0.395 (-2.5%)
Target Price 2 : 0.47 (+16%)
Cut loss : 0.395 (-2.5%)
MCLEAN
Target price 1 : 0.275 (+15%)
Cut loss : 0.225 (-6.2%)
Cut loss : 0.225 (-6.2%)
