O&G : Dialog, KNM, NEP

Dialog : Closed at 1.04, this one has long way to form a nice waterfall. The above 6-month chart shown that the horizontal support that is attractive will be at 0.88 or below.

KNM : This is KLSE's hottest babe. I wont believe that I will like her. I do now. It is forming a very nice waterfall for the past one month(after the expected 'bad' news was out). Perhaps Lee might offer RM0.70 per piece soon and we will see yet another rush to acquire a piece of her. At 0.50 level now(touched intraday low of 0.495), it has been in oversold region for some time now. A good market dive TOMORROW will see me queueing at 0.48. Any technical rebound soon? Oh yes, I saw a blog posting OSK's upgrade for her ... SELL to NEUTRAL. That should be a piece of good news for it to rebound? Nevertheless, it is still our hottest stock in KLSE. Talam is gaining popularity too. Who is sexiest?



NEP : At 6.64, it broke the 200MA(red line). RSI showing oversold. This is an ADR(China's O&G), and will be riding on the recovery of oil prices. MOved from USD1+ to USD11+, it has been retracing for past 1-2 weeks. Time to consider at USD4? I bought this one at USD4, gained 30% months ago. I m not sure if I could be catching a knife IF I m going to move in at USD4?

TEH