My Trading Adventure

Kossan and Harta

CP TEH
Publish date: Mon, 29 Feb 2016, 12:27 PM
CP TEH
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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.


Kossan : Broken the 200MA. It has reversed from the strong uptrend ... and now it is a downtrend. Do not catch, unless one is doing for short-term technical rebound.


Recently, I traded Kossan ... and it rebounded for me to sell. Now, it has even broken the Rm6.50 level ... which showing this is a downtrending stock now. It is the best to avoid.




Hartalega : Note that the MA100 and MA200 broken. So ... that will be the level to SELL if one is so-called long term investor or planning to buy into her. For a short-term rebound .. it is risky too if we don't know how. Harta rebounds about 3% at the moment.

Note : One may use 100MA to SELL those strong uptrend stocks. If the stocks trading BELOW 100MA, sell. For 200MA, it will be too deep ...

TEH
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Discussions
Be the first to like this. Showing 2 of 2 comments

CKWan11d

Thank you Mr Teh.

2016-02-29 13:27

ktrader

don't be surprised if he says he bought into kossan and harta and sold for a profit in his next posting, hehe....

2016-02-29 13:32

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