Market Update: 22 Nov 2014

Hi GUYS!! (HAPPY PROFITING LAST WEEK?)

What a great start for the first week after 1year of journey over here. Hitting 100% trading call! So happy but not to be over contented. Because trading is a journey. Always stay humble and have the mentality to learn more. Anyway I shall have a quick update over my last week recommendation including introduce 2counters which im monitoring currently. I have quite number of counters on hand but yet not ready to share.

STI: Only 3point away from my target last week. But anyway I believe my target will trigger for this coming week. Perhaps our next target will be @ 3380.

Jardine C&C: So did anyone of you follow my trading call last week where i mention to enter @ $40 if possible? Happy profiting for those who follow! Do a trailing stop if you believe it will hit the next target @ $43. As for me, Jardine may be dancing around the FIBO 50% & 61.8% range.

Genting SP: Anyone huat from Genting SP? Catching the reversal? Rob Genting SP if you kena rob by them in the casino! ^^. Those who are still inside this counter, maybe can try to aim for the next target @ $1.15

Breadtalk: The first counter which let me smile for the week!! First day hit my profit after recommending over the last sunday. Anyone Huat from this LOTI counter? ^^

 M1: Have been monitoring this counter closely last week. Didn't manage to catch pullback. However I believe the underlying strength in M1, looking for an opportunity to enter. Do your own trading plan! I stated my TP only in the chart :)

Venture: Double btm! (invalid if it break the second low)
Entry once it break $7.73 or within the ascending triangle.
TP: $7.8/$7.9/$7.97
SL:Do your own risk management.


Overall: There are number of people asking my strategies. How do I do my charting, TP, SL and entry point. However it is hard to explain, because sometime the longer you do your own charting, you create a invisble bond between you and the chart. Somehow you know how the way it move. There are number of counters currently in my watchlist. However the timing may not be right yet for me to share. If you do wish to monitor together, here is some of my list: Yanlord (up), Sino Grandness (up), UE E&C (up)

You are remind to trade base on your own risk. Plan and Trade well :)