My Trading Adventure

Steel : The double-A

CP TEH
Publish date: Thu, 15 Dec 2011, 02:18 AM
CP TEH
0 2,918
All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.

AnnJoo : RSI at 22 level, watching 1.40 level next. The above is a monthly chart. What can you see? How do you analyse that?



Angang : Back to HKD5. Nice waterfall. Those dare enough could have caught her at HKD4.50, the level last seen during the market collapse in 2008. Yes, we are back to 2008 levels.

Note : Many HKSE's stocks are back(or even below) the 2008-2009 levels. So, I will share these with my tratles on how we should invest in UNDERVALUED counters. KLSE will feel the wind of change in coming months and I am expecting Mac 2012 to be the beginning of the market to dive .... I do not like to predict or forecast. Just be prepared to buy anything cheap.

While Angang is back to 2008 levels, AnnJoo is not. Yes, bear in mind KLSE is lagging-market. Back in 2009, I remember I asked JL to buy ANnJoo at RM1 level. SO, we shall se RM1 level, ok? Taking a look at AnnJoo-wb, it needs to go below 20cents, the level I started to buy her at 2009. At the moment, it is below 30cents, long way to go.

TEH
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