Stock Watch Alerts for 21.12.2010

The KLCI had a small correction today (20.12.2010). It closed at 1495.88 down 4.00 points. Some profit taking was seen in certain stocks that had a good run-up recently. Overall market sentiments was mixed and unccertain. The KLCI may pullback to 1485 where it hope to find some support.

KLCI close at 20.12.2010

"TECHNICAL ANALYSIS - YOUR ROAD MAP TO PROFIT"

Glossary

Entry
These Breakout Buy/Entry Signals are Valid for 5 days. Stocks with [ * ] were posted earlier; their uptrend remain intact, we could see Higher Price when Strong Buying Volume/Momentum Breaks Out Above This Price in a Bullish Sentiment Market.
Stop Loss/Exit
This is the Support Level. When This Price is Broken, you should Exit/Cut your Losses.
Target
This is the Next Resistance Price Level After the "Entry" Price Breakout. When this Price is Crossed with High Volume, we could see Higher Prices.
Inertia
> 50 Strong & Positive
< 50 >= 40 Neutral
< 40 Weak & Negative
Stochastic
> 70 Overbought
< 70 >= 30 Neutral
< 30 Oversold

Wisdom for the Day
"Knowing WHAT TO BUY, WHEN TO BUY & WHEN TO SELL is THE KEY to PROFITS". Our book "VALUE INVESTING & TECHNICAL ANALYSIS MADE SIMPLE" will help YOU SUCCEED."
Only RM68. Get One!!

About This Blog

The Elite System - "Think Fundamental, Invest Technical is Your Road Map to Consistent Profits!!" Find this Blog useful email us for more details.

The Elite System uses Fundamental, Technical & Market Sentiment Analysis to select Strong Stocks that are:-
. Bullish On the Move,
. Showing Strong Momentum,
. Showing Signs of a Breakout.

Professional Traders make Profits Regardless of Market Conditions - Our Seminars teach You How to Trade For a Living Making Steady and Regular Consistent Profits.

Personal Mentoring/Coaching For Serious Full-time Traders/Investors is Available.

Make 3% every quarter in trading, i.e. 12% p.a. consistently regardless of market conditions.
Enquire at:- tanhanthor@gmail.com