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Maxforce said...

OK here comes my comment:
1)YTLPwr-WB
As this is warrant, it depends on the mother share. But instead of looking at FA stuff, I m merely going to compare the mother chart and the baby chart.

Grandma story:
YTLPwr was in uptrend until end 2007. Thereafter we see a huge drop - downtrend. In Apr 2008 onwards, the price move in range signalling potential accumulation process begun. However, the recent weeks runup has met some resistance and currently unable to break the resistance.

Grandma story 2:
YTLPwr-WB begun and price dropped since. At end Nov, the price ran up. Recent weeks unable to break the high. The runup is in tandem with the runup in the mother share.
The resistance now also in tandem with the mother share.

Sam's Comment:
Sam's comment to buy YTLPwr at less than 0.55 looked very likely.

My recomendation:
Current moment: SELL
Potential buy price target:
When YTL Power is around 1.65 and YTLPwr WB is around 0.45.
If YTLPwr WB goes to 0.45 while YTL Power is higher than 1.65, this price target is invalidated.

I say man : Both No Score XXX

2)KNM
Grandma story:
Runup from cents region to ringgit region begun in 2006.
In 2008, distribution took place. Uptrend line broke in Jul 2008 signalling downtrend stage begun.
High volume registered in Oct and price downward momentum decreased signalling potential accumulation begun.

My recommendations:
HOLD first. Potential to buy around 0.40 remains high. Price to run high high, belum lagi. Wait for two more months. For long term people, can accumulate around this 0.40 price target.

I say man : Still around 0.40. Maxforce you said two more months, now it is about the time.

3)SIME
Grandma stories:
Runup begun late 2007. Late 2008 to beginning 2009 distribution took place. Super Gap (my own term, not TA :P) happenned in Mar 2009 signalling super downtrend.
Currently while price is at prior to runup, no signs of assumulation process begun.

My recommendations:
NO BUY. Wait until accumulation begun for long term buyers. For TA buyers, as usual, wait for uptrend signals.

I say man : When is the bloody BUY signal to come? Are we there yet? *wink ^V^ grin*

xxx

January 18, 2009 11:17 AM