Review Fridays. (Stocks From 24/4/2015 - 7/5/2015) 

Prtasco- Current market situation dragging down its momentum. You may want to take profit and buy other counters that are cheap.
Chuan- gap have not closed and it rebounded from the 200 day m.a. Possible uptrend.
Btech- Risky and volatile uptrend. ( still making higher highs and higher lows)

Armada- Uptrend intact (unless oil price crashes)
Skpetro- Uptrend intact (unless oil price crashes)
Frontkn- Holding up well. Adding on the dip would be ok.
Mahsing.- Successfully broke out. but the general market is uncertain.

CSL- Crucial rebound needed. Cut loss @ 0.085 if it goes to 0.08/0.085 

M̶B̶S̶B̶ Bad call. Lesson- Cut loss early.
̶H̶a̶p̶s̶e̶n̶g̶-̶ ̶C̶L̶ Close possition
̶R̶G̶B̶ Cut losss
̶B̶o̶i̶l̶e̶r̶m̶e̶c̶h̶- Cut loss unless prepared to hold through the market correction.

Notes.
- Most of the stocks we recommended would probably hit the stop loss with the current general market situation. The ones who didn't are mostly leaders/ low beta stocks.

-O&G momentum may slow down with the general market outlook

- FBMKLCI closed at 1805.1 with an inverted hammer formation. It may be a sign of reversal if the index opens up above 1809 and maintains above it. Otherwise, next levels of support would be 1800 followed by 1775.

Strategy. - Narrow stop losses, buy market leaders, and stick with the plan. 
"No hoping, No praying. Just trading.", GreenTrade$

Have a great Friday everyone. 

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