end of OCT : KLCI up 17.98 points

Today is a kinda good day for many of my stocks as KLCI breakout of 1585 ... but as I m writing now, DOW is minus 170.

Our next resistance should be around 1615 ... so, KLCI may pullback tmr (red-red) as today is the last day of month kinda shopping. So, don't be so happy yet. 

Crude oil: Down by 2% due to higher than expected inventories report. Hmm ... bad economies, surely expect oil prices to be NOT sustainable.

Time to rest as was busy with trades today. Good profits too.

Night

TEH

At new low levels : Property Stocks

2.20 am: S&P 500 at new high 3040 level now ... while KLCI rebounded yesterday. SOY and FCPO surging like crazy ... don't understand why, either.

Morning ... I slept very early as I was too tired ... took a trip to Kuala Selangor for lunch ... brought my gal and wife ...plus my mom for kai-kai.

Simeprop : At new low ... low can really go lower.

Will continue to check on few more giants which trading at low or new low now.

TEH

Portfolio Watch : Fong Siling (Cold Eye)

As Fong Siling (also known as cold-eye) is one of most popular investors in Malaysia, which huge followers ... he wrote few books on investing too(too bad, it is in Chinese and I could not read Chinese) ... it is worth to check on his holdings.

This is the latest taken from 2019 Annual Report

1. Salute #2

2. Superln #10

3. IQGroup #9

4. OKA #11

5. Genetec #4 : support at 1.04 now ... will buy some around RM1 and see how it performs.

6. RCECap #11

Awaiting for more 2019 Annual Report to update ... as he is holding Armada, JTiasa and such too.

Will put up some charts later.

TEH

Stock Watch : KESM

KESM : Biz model

KESM : weekly chart ... potential of reversal.

TEH

Stock Watch : D&O and Myeg

Is the trend of D&O reversing?

Here I m showing the crossover of 10MA-20MA ... so, does that mean the trend is UPTRENDING now?

NO ... it is still a downtrend, but with the potential of REVERSAL of trend.

Myeg : Avoid as MA crossed, means it is going lower. We do not want to catch knives and stuck inside. I sold MYEG around RM1.68 as that was resistance  ... we buy when MA crossed there ... 

to understand these trading and check my LIVE trading, you may try out for two-months joining me in my trading group.

to join me ... contact e-mail : cpteh@yahoo.com or message me 012-821 0129.

add me to facebook only if you are joining me (otherwise ...just click follow la).

facebook : https://www.facebook.com/cp.teh.9

I m doing more trading in 2019 now as it is VERY volatile markets which is good for trading ... and now I m more into full-time trading than giving tuition!! Haha.

2019 : DO NOT buy-hold stocks as risk is high ... trade it UP. place cutloss.

Happy Deepavali 

TEH

Deepavali mood : No trades?

Friday morning ... Happy Deepavali to all our Hindus friends (in case I didn't blog during this weekend ... I might be away)

NASDAQ up 66points last night to close at 8185.80 ... potentially breakout by next week!!

D&O : took this morning ... sold 74.5 done. See if breakout, buyback ... closing price.

Buying and focus into TECH-sector

TEH

24th Oct (Thu) trades

Good morning ... Liverpool won 4 - 1 away. Good.

DOW flat ...nothing much. But our KLCI down yesterday. Tech-counters still awaiting pullback, so I won't consider to buyback yet.

So ... what would we be trading today with many sold?

10pm : Today is a losing day. SIGH.

FCPO : lost and burnt in FCPO as I shorted and it surged up ...ouch. Must not overnight. Lesson learnt.

KGB : Took in morning 1.38-1.39, I thought it would breakout. ouch ... have to cut-loss during closing as it failed breakout.


Sold most in hands today, at losses. So ... we are heading for Deepavali and no rally. Too bad.

Tmr will do better.

TEH

Stock Watch : Revenue

2.10 pm: KLCI closed for lunch ... and down by 9points.

Besides Elsoft, I sold Revenue yesterday too.

From the chart, the previous peak was RM1.73 ... seeing it failing to breakout, I sold her off at 1.72 ...it closed 1.71 to form a shooting star.

Phew ... luckily I sold for profits.

Year right ... announced bonus issues, with KLCI red red also it gapped up in the morning to be at a new high, hit 1.81 and forming another bad candle!! Well ... what a risk-taker to jump in today!! I would wait for it to pullback ... see can get back RM1.65 or low.

Well ... at times, we read candlesticks and resistance ... we would sell if it is a bad candle.

Will check her after closing ... as it would be interesting that I missed the gap up to sell today, instead. It is ok ... we do not get all trades 'right' ... besides, selling at RM1.72 is still profiting.

to join my trading group, message: 012 821 0129  (not free).

TEH

Tech-counters in play

Morning ... to Nasdaq moving. AAPL (Apple) at new high.

https://elsoftresearch.com/investor-relations/

This is Elsoft. It went up to hit 1.08 ... but then, yesterday around 3pm, many tech-counters experienced SELLDOWN ...including my Elsoft. Have to sell her off at 1.02. Will continue to monitor to buyback as now it is a good trading stock.

Support around 96cents to re-enter

TEH

KLCI to rebound from here?

Morning ... Monday 21st Oct. DOW minus 255 points last Friday. BREXIT on-going to be in news headlines and HK protest on-going too. Yet ... we are saying BULL MARKETS coming in 2020, with speculations on US election where Trump is known as using DOW to gauge his performance as president (ridiculous and laughable haha). Well, making US great again means ... stock markets at new high?

8.25 am : DOW-futures at 26, 800 at the moment of writing.

What did I trade last Friday?

MYEG ... of coz. I posted here in the morning before market opening, right? It swings wildly and good for day-traders.

Myeg : I bought 1.20 and sold 1.28 ... i went 3 rounds and profited well.

later I will try to recall my trades in Myeg ... catching the knife well and get away with profits.

TEH

Diving stock : MYEG

Good morning ... DOW flattish up 24 points last night. Nothing much.

DOW-futures at 27, 000 level ... nicely sitting exactly there which S&P 500 futures sitting at 3,000 level. How is that?

yesterday, I saw MYEG diving to break the neckline .... so, I alerted my group, in case some of them still holding. I sold at RM1.68 some months ago ... can refer to my old blog.

Myeg: down more than 10% yesterday... what's up.

Sold ABMB and AirAsia

Finally ... I sold all ABMB and AirAsia yesterday.

ABMB : Nearing to resistance 20MA ... so, I sold her off to buy something else.  But it continues to move slightly higher to close, last-minute ... at 2.86. We shall watch her at 2.92 resistance next. I won't be buying back as I m trading XYZ which I will share here too. 

So ... I highlighted the position where I entered. Last Friday and shared it here ... for all to watch LIVE trading. Buy or not, up to you ... I sold ... if you want to sell or not, that is also up to you.

AirAsia : Last Friday .... besides ABMB, I bought into AirAsia in larger than usual position too. More confident this will rebound ... and wow ... it surprised me. 1.90 is resistance to sell, and I sold at 1.88 ...it formed a hanging man now. So, yes ... it is a sell for trading purposes. Move out and wait for the pullback.

Note : To know the next stock(s) I m trading ... one may join my trading group and I do share all these trading 'live'. But it is up to those to buy/sell ... I can only tell which one I m buying to sell. 

to contact me at facebook : https://www.facebook.com/cp.teh.9

TEH

Stock Watch : ABMB

Let me dedicate this post only to ABMB.

On 27th AUG ... it reported a BAD QR ... so, it dived from RM3.25 to RM2.92. 

There is a sudden DIVE in the earnings!!

That is why it dived.

So, let us check if the company is earning/profiting for past years.

from the data 2003 till now ... every year earning money EXCEPT 2006.

so, past 10 years earning money.

next to check : Dividends

and next is : operating cash flow.

will continue later ...lunch time.

TEH

Markets are rebounding : BUY

Morning to bullish day yet again ... DOW plus 237 points. MACD crossed ... and I m still busy buying stocks, selling off non-performing ones ... selling those heavy ones to release funds: ABMB and AirAsia

So ... we are on day-4 of my updates in my ABMB and AirAsia trades. Do check on a daily basis if we are trading.

11.45 am : AirAsia at 1.88, hit 1.89 ... ABMB same level after doji (will sell her off and buyback on pullback)

AirAsia: moved yesterday ... sold 1st portion 1.79 and the second portion at 1.84 done. Will try to sell her off all today if bullish again around 1.90.

ABMB : Doji yesterday .. and see if I could sell-off all about 2.90 level today.

Note : Both bought on last Friday.

Will update later ... you need to click 'add fav' so that u could refresh ... or do visit me regularly here in my new blog.

A post a day to unblock my thoughts.

TEH

Stock Watch : ABMB and AirAsia

9.40am : morning from UKM Hospital here for my girl's regular check-up. KLCI is slightly red ...

AirAsia : At 1.77-1.78, I m queueing to sell partially at 1.79 as I m heavy inside.

ABMB : still hanging around 2.81 level.

5.20pm : AirAsia sold 1.79 and 1.84 two parts ... last part to sell all tmr 1.92.

ABMB : still at 2.81 ... hold as I sold a portion at 2.78 yesterday. These are given LIVE in my group, ok? At the moment, sharing with the group about RISK MANAGEMENT ... and will write in further details in this blog ... for those few appreciative readers to learn.

time to go


https://cpteh19.blogspot.com/2019/10/stock-watch-airasia-and-abmb.html

ABMB: So ... I posted on Friday I bought into ABMB. In fact, I bought in the morning when it was red and hitting new low below RM2.60.

I posted it 'LIVE' here ... and even updated them yesterday during market time. It is to show 'trading' live ... given in my group. I sold some at RM2.78 as I m heavy inside.

See the very huge selldown in 27th Aug. Then it drifted lower as KLCI went lower too.

Today ... planning to sell her off all at resistance RM2.92. We shall update on daily basis till my trades are done.

AirAsia: oversold and at support ... knowing is not good enough. Take actions ... and BUY into her. Buy in larger positions. Hitting RM1.75 resistance now, and will sell off part at RM1.79 today. Will it move higher?

To teach trading ... the best is to TRADE LIVE and then check on the results. And also, we need to make decisions ... based on charts or trading plans.

That is how I 'guide' my group of traders ... most retailers are NOT traders, anyway. They will buy and hold ... and eventually STUCK.

Note: I bought in another 3 stocks yesterday!! Well ... will sell some off by Friday.

Stock Watch: Join my trading group for trial for two months. A good trading year in 2020 ...definitely not for investors. Prepare for the crisis and learn to CUTLOSS those stocks stuck (opportunity cost)

e-mail: can contact me through e-mail cpteh@yahoo.com

or message me at 012-821 0129.

Note: I will update the trades 'live' here. So, do check here ... during lunch or whenever you are free, ya.

TEH