Wednesday, November 01, 2006

latest updates.

i've been actively buying since i last wrote about bernas. its been quite a rally for KLCI, i didn't have the mood to write, but now i'm thinking of a trading vacation. will see how.

below are the stocks that i've been accumulating, all of them are still in opened position. m planning to sell a few of them that has gained about 10% or above this week. can't really remember the date i bought them though, so please bear with me.

1. carlaw @ RM0.35

i saw sudden volume and move in this after it went down since june, and it seemed like it has reached its bottom and was trying to break out, i bought it at its highest price of the day, thinking it will go up more the next day, but ended up it was just a false signal. it fell back to RM0.32 or lower the next day, and has been hovering between RM0.30 and RM0.335 since. still holding it, its finally showed some price action for the past few days, hopefully the break out this time is for real. anyway, i would not consider such stock in the future looking back at its history, too easily cornered.

closing price: RM 0.33

2. cymao @ RM1.65

saw a trading sifu recommending this stock. i've been watching it since it broke out from RM1.00, tried to buy once but it didn't match, and KLCI was facing correction while testing its 970 strong resistence at that time, saw some sharp drop during its intraday session, i was scared of catching a falling knife, so was't dare to touch it till KLCI has firmly held above 980. watching its nice uptrend, with confident of trading sifu was into it as well, he jump i jumped.

closing price: RM1.79

3.hiaptek @ RM1.01

hiaptek has a very nice uptrend since the bull started to get in charge of KLCI. slow and steady, its one of my favorites now. i'm hoping it could break the RM1.20 hurdle soon, with steady volume, will watch closely if the taiko is distributing.

closing price: RM1.18

4. lmcemnt @ RM0.885

similar to hiaptek, its trend is slow and steady. a few healthy consolidations, no sharp rise or sharp drop, i feel very comfortable with this kinda stock.

5.maemode @ 1.28

it has dropped till RM1.24 today, i am a bit worried about it. crucial support at RM 1.20, if it drops below that level, will consider a cut loss. hopefully its just some shakening exercise by those taiko.

closing price: RM1.24

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still holding my N2N, next target RM2.04.
Apli, no target price yet, will let the profit run.
bernas, up 2 sen today, making a new high of the month, good sign.

bought kbes @ 0.545 and Leader @ 0.51 yesterday. these 2 are really speculative compared to the rest i bought. both trends looks alright to me, and both just broke out again recently, should have more upside to go. wish me luck.

Due to the meltdown of the shining star "sugar" today, my kbes and leader were affected. the uptrend still strong, holding well at their support level. will see how US market close tonight, hopefully tomorrow is a better day.

happy trading.

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