It is Sunday morning ... the only few hours I am 'free' but I will spend an hour posting TELCO charts which we do discuss or shared in our group. These are Digi, Maxis, Axiata and TM.



Axiata : This trade I personally done at RM4.67 and sold at RM4.99 for short-technical rebound play. I used simple LOGIC ... news about India or some transmission reports ... bad news, of course being trashed out to scare off majority of those who like reading news and noises of FEAR created around. What we do is draw a support level, checking PV divergence, check reversal candlestick ... BUY. Then as it rebounded VERY fast in days, shot to RM5, rested a while, I sold her off. Thanks. Today it has moved above RM5.10 now ... Well, I have written that I sold my MudaJaya and Coastal for her, to buy hugely and I was glad it took 2-3 days before it rebounded. I do remember how it was pressed down to go below my cost price, and I grabbed more!! This is still TMI for me, nothing to do with India or Transmission. Talk all you want about bad news ... as bad news is a good news for good stocks!! Remember that well ... learn, apply ... and you will thank me.



DiGi : This is shared yesterday during my trading class. A good trader should buy a strong uptrending stock, buy at 20MA level(used as support) and ride on her. We will only sell when reversal seen. Yes, I do remember MS(my older tratle) asked me if he should be selling his DiGi when he got to know me personally, attended my cohort-1. It was at RM30 level then, I think. Then, I asked him ... why would you buy at RM20 level? Well ... for good dividends, right? Then there is no reason to SELL such a good uptrending stock! That was my view to him ... and he kept it, split 10 ... and today at RM4 = RM40. It is funny ... at RM30, many will say DIGI is expensive ... but currently at RM4 they will say it is cheap!! Hmm ... this is something we need to look seriously into valuation of a stock. It is not cheap at RM4 ... the PE is reaching 30 level now. Never use the price of the stocks for our valuation!!



Maxis : Recently break-out from the sideway channel. And the uptrend started ... if one is to check, Maxis is very lagging behind DiGi ... so recent uptrend could go much higher. Now, this is another good dividend stock, tho Maxis re-listed without their international operations. It is a dividend play in so-called defensive sector. The whole telco-sector in play ... and some broker houses have upgraded the whole sector!! So, when you see whole sector is moving, and found Maxis is lagging behind ... do consider her. Yes, I do like 'laggard' as a factor to consider. Buy during the breakout ... that was shared in our Sat meeting last week. Currently, like Digi ... we may use 20MA as a good support for entry point but remember ... no stock will go higher always.  Just ride on her for a while and ... hey, it is AK's counter ... you know. Perhaps. one may wait for market to dive(if ever!!) to collect some of these good dividends stock ... and HOLD till recovery. Simple logic, simple common-sense ... but seldom used in majority of those 80-90% who lost or losing money in markets.



TM : When it was at RM5 level, SAM told me to take a look at TM chart .. it might be slow ... but each time during the consolidation period ... buyers will be back and it has been pushed beyond RM5 now. Grabbing at RM4.80 would be a good level ... can we actually know how far it could go? Buy it ... hold and ride on it.

Learning Corner

1. Stocks move in group ... in sectors ... in tandem ... and yes, the herd-mentality applied here. Knowing such simple common sense could help traders to look for other opportunities, for example the laggard "Maxis". I shared yesterday with my cohort-5 the laggard-factor in Hartalega. Do some homework ... put stocks in groups or sectors.

2. Buying good stocks is very crucially important, rather than speculative on those tiny-losing money stocks. Those are stocks might give you good THRILL ... but short of giving you real actual consistent profittable trade. When our money in the line, we want to sleep well. So, I do like those businessmen and young patient tratles in my group. No need to hurry ... market is always there. Do some simple homework to know what the criteria to be called good tradable stocks. Be humble to learn ... buy more good investment books to read ... and believe me, getting out of those noisy forums(empty vessels talk) would help us to focus in our learning. Nothing comes easy ... I could tell you telco stocks above in my list for trading ... you may not find them attactive enough, right? Do our own independent studies ... listen less to noises in forums.

3. Learn to use simple technical charts for entry on good stocks. Even if I get 'stucked' with DiGi, I know I still will be paid good dividends ... plus, I could even average her down at the next support level!! Longer time frame ... focus in our trading plan ... and we would have taken out those 'what if' or those noises in our trades. This is seriously needed ... entry and exit point for traders, using good stocks as our vehicles for trading and investing ... knowing that could en-rich us a lot, knowledge wise. Repeat to learn a little more about technical charts as ... yes, charts dont lie. Human do.

4. Learn strategies ... not confining ourselves to limited one or two strategies. There are many ... if you are YOUNG, try out many ... check which one suit you best. We are talking about risk appetite and time frame. It is nothing to do with the stocks, it is our emotion in play here. So, we need to counter our emotions through some planning which normally we called it 'Trading Plan'. It is easier said than done, believe me. I do it hundreds of times ... yet, find it difficult. Strategies ... a simple one show above such as using 20MA(S or E, up to you).

5. Make your trade SIMPLE. Yes, do not listen to those many technical analysts when their charts have many lines, indicators etc etc. I do remind my tratles to keep their charts posted as simple as everyone of us could understand. We do not need Bollinger Band, Horizontal and Trend lines, those 10, 20, 50 MAs all in one, plus Fibonacci Retracement being placed in our charts. Dont add in the cloud, please ... and so many colours!! Wow ... it is a nice picture, but not an applucable chart for real trade, anyway. More is NOT EQUAL to good. Learn that well ... you will know what I mean. The only reason why more indicators being shown is because these people need to CONFUSE many further in other to make it LOOKS difficult ... yes, to SELL their products and trading-courses!! Believe it? Never mind ... Keep it simple, I mean.

6 ... I could continue to write ... if u think I copied from a book in front of me or copied from somewhere ... you have a very negative outlook on my efforts to share and educate newbies or novices. If you think I am getting anything from using my 1 hour of my Sunday writing the above post, you disappoint me again with your narrow-mind.

What makes me to share simple common things I shared with my tratles ... is spontaneous. That is just the way I blog. Like it or not, it doesnt matter to me. This is just a contribution post to many good i3-investor readers. I do have many more silent readers who have followed my writing for more than a year. Majority of my tratles WERE my blog-readers, anyway. I do not need to show anyone whatever ... spare me.

Have a nice Sunday ... and continue to learn, if you will.

Note : The above post taken me 1 hour and a half hours, actually.
TEH