Daily updates

Monday, October 24th, 2011 Posted by mamamia~ in post - (0 Comments)
Daily updates

KLCI have a good run early this morning, up more than 20 points at one single time. However it ended at the lowest due to profit taking activities. Overall volume was lower at about 1.2bil compare to the last 3 trading days… Read more →

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Weekly update for 2nd week of Aug 2011

Sunday, August 7th, 2011 Posted by mamamia~ in post - (0 Comments)
Weekly update for 2nd week of Aug 2011

What a week of surprises, Dow Jones industry index drop more than 500 points last Thursday, then triggered the massive sell off worldwide, however with the spirit of ‘Malaysia Boleh’, KLCI only fall about 1.5% on last Friday.

Here are some of the major headlines for the past week,

- United States loses AAA credit rating from S&P
- Sell-off wipes $2.5 trillion off world stocks this week
- SapuraCrest, Kencana boards agree to RM11.85b merger
- Scomi Eng confirms official award of RM2.76b Brazil rail job
- Wall Street suffers worst selloff in two years
- S P Setia on lookout for partnership, more land
- Moody’s confirms US rating at Aaa, outlook negative
- SC rejects K-One’s proposed transfer to Main Board

From KLCI daily chart, we can see it falls sharply below the… Read more →

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Technical analysis on FBMKLCI

Thursday, June 30th, 2011 Posted by mamamia~ in post - (0 Comments)
Technical analysis on FBMKLCI

We have been waiting for this moment since few months ago, Finally FBMKLCI has broke above the horizontal resistance come historical high of 1576. So what is going to happen next in Bursa Malaysia ? what is the direction of FBMKLCI ? Has the next bull run started? Read more →

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Technical Analysis on FBMKLCI

Tuesday, May 31st, 2011 Posted by mamamia~ in post - (0 Comments)
Technical Analysis on FBMKLCI

This is how our KLCI looks like on the last trading day of May 2011. It managed to broke above the mid term downtrend channel, with up to average volume. Expect it to challenge the old time high of 1576 point in the coming weeks ahead. Disclaimer: the above are solely the opinion of the … Read more →

Further follow up on FBMKLC

Thursday, March 3rd, 2011 Posted by mamamia~ in post - (2 Comments)
Further follow up on FBMKLC

So in my last post i mentioned about this downtrend resistance of 1512, today KLCI hits that resistance and come down after profit taking. What is the element that is missing here? Yes the volume, u got it right. Without good volume i dont think KLCI could charge higher from here, it will still moving … Read more →

Follow up on FBMKLCI

Tuesday, March 1st, 2011 Posted by mamamia~ in post - (0 Comments)
Follow up on FBMKLCI

So the technical signal yesterday was correct, KLCI manage to rebound about 10 points today, what concern us more now is on the resistance ahead, there were 3 occasions previously KLCI tested the uptrend channel resistance(shaded areas), but failed, then KLCI continues to slide after that. The current resistance is obviously at around 1512, can … Read more →

Technical Analysis on FBMKLCI

Monday, February 28th, 2011 Posted by mamamia~ in post - (0 Comments)
Technical Analysis on FBMKLCI

Today our index KLCI managed to close in a “Hammer” with very long tail after hitting the horizonal support of 1474, and volume is on the lower side. This technical signal is suggesting that KLCI could have reached a temporary bottom from here, and a technical rebound could be on the way now. The next … Read more →

Sell or not sell ?

Tuesday, May 25th, 2010 Posted by mamamia~ in post - (0 Comments)
Sell or not sell ?

As at 4pm today, our Bursa Malaysia KLCI has broke through the 200MA(Green line) at around 1265, it is 1248 at the time i write this. For those in the TA field we all use 200MA as the benchmark to identify for a bull or bear. Judging from the bad news around the globe from … Read more →

Preparing for the worst…….

Wednesday, April 28th, 2010 Posted by mamamia~ in post - (5 Comments)

If you notice that spot4value.com has less update these few days, you shall know something is not so right at the corner here. I am preparing for the worst to come soon….. by taking profit, cut loss and stay sideline. Could it be the sell in May and go away effect? We shall see. I … Read more →

Update on KLCI 1st March 2010

Monday, March 1st, 2010 Posted by mamamia~ in Uncategorized - (0 Comments)

While Chinese New Year is just over a day, the bull is very likely to be continued in KLCI with the current reading at 11:30am our KLCI up 11 points at 1281 and volume was encouraging at over 4 billion share changing hand. Its very obvious that the blue chips have taken the lead for … Read more →