Technically short term final push can reach 9.91-10 before consolidation. Hope I am right, speculatively.

Bullish sentiments. Goreng time this afternoon. However, prepare to sell if index reach 1830. What do you thing?

Today market too hot, a bit caution

Minor correction at 1825-1830 ahead. Be prepared to take profit

Oh. Old news but it is good news, 45 million pocket 1/1/2018. That means time to goreng. http://www.bursamalaysia.com/market/listed-companies/company-announcements/5653557. Hold tight for 2 days!

Fly tomorrow.Today all Steel counters may show buy signal-Bollinger breakout, additionally Lionind and ssteel bullish MACD crossover, am I right?

If no bonus issue, then i-share issue 20% can be similar like bonus 1: 4 or 1: 5 as a catalyst, Share price may push to 10.50 then.

(Catalysts for Maybank 2018 price advance (1) Interest rate increase in 1st haif
http://www.sinchew.com.my/node/1713360
(2) Potential bonus issue. Bonus issued in 2001 & 2008, Since then, no bonus issued yet, MBB is due to issue bonus, but when?
http://www.sinchew.com.my/node/1714433
any more? PNB restructuring?)

Lately whenever Maybank down, Tenaga will come to rescue and push up the index. volatile

Thanks @stock_hunt, @Amit Khindriya

Catalysts for Maybank 2018 price advance (1) Interest rate increase in 1st haif
http://www.sinchew.com.my/node/1713360
(2) Potential bonus issue. Bonus issued in 2001 & 2008, Since then, no bonus issued yet, MBB is due to issue bonus, but when?
http://www.sinchew.com.my/node/1714433

any more? PNB restructuring?

@stock_hunt, are you referring weekly chart macd golden cross to KLCI lndex or Maybank? how to get free weekly chart with indicators?

28th TNB price action to close at 15.42 was unexpected as it closed above sma 20 @15.35. 29th drop to close @15.26, below 15.35 may indicate consolidation phase is not over yet, it may retest support of sma50 @ 15.02. Coincidentally 28th white bar already close the gap down due to 44sen dividend on 19th of Dec, looks like all planed by big hand. Maybank up while TNB down, vice versa. Continue to watch the show.

Wah, 9.80 by big hand. Price up down left right like nobody. Total buy sell @9.80=5512KX9.80=54millions, can not say it is fake........may go through roller coaster next week.

@Linges, haha, we wait for you, red red in the morning then only move up after 11am......

@Warn3r, Thanks

Coincidentally it is the 3rd attempt this year KLCI challenge 1790-1800 resistance, similarly if Maybank challenge 9.80 tomorrow. Usually resistance will be taken away at 3rd attempt. Hopefully my expectation is not too high.

KLCI index looks tired, stochastic %D (Blue line) almost close down smoothed %D (red line). It may consolidate until early next year

Wah, a fight between local and foreign hands on last minutes? It prove that price action can not be predicted. It turn out to be TNB and HLB push up the KLCI, not Maybank

if fundamental is good, a counter can be overbought for long time before settling down like Hengyuan

from an article on 17 Dec, if to learn the Bollinger bullish signal, we can study % of successful rate:
https://klse.i3investor.com/m/blog/bursakakis/141665.jsp

I just start to learn TA, to help trading and distribution of fund but I believe in FA.

Missed good show yesterday, hope it can close the gap at 1.52 by crossing it strongly. Bollinger band top at 1.44 was touched yesterday. MACD yet to cross to positive zone, slightly lag to ssteel.

Based on calculation, if 2% premium, 9.80, C31=(1.02X9.80-9.50)/3=0.165;
if 1% premium, 10, C31=(1.01X10-9.50)/3=0.20;
if 2% premium, 9.80, C34=(1.02X9.80-9.25)/2.5=0.30;
if 1% premium, 10, C34=(1.01X10-9.25)/2.5=0.34.
Market most of time is unpredictable, above is merely references. Today should be Maybank as T+9, technically bullish

http://www.theedgemarkets.com/article/msian-market-expected-be-more-vo...
December 21, 2017 12:10 pm +08
CIMB Research reiterated its end-2017 KLCI target of 1,790 points, while lowering its end-2018 target from 1,920 to 1,880 to reflect recent changes in the KLCI constituents.

When I read above news on 21st, KLCI was 1751, I was thinking how they can push the index to 1790. After the banks MACD moved to positive region 1 by 1, Now I have to believe it can be done. Maybank target could be 9.80 tomorrow or even hit 10 this Friday. 9.80 is 3rd attempt to challenge after potential energy accumulation (3 month consolidation).

@linges Too busy to monitor yesterday, missed good show, don't sell C34 tomorrow morning

Tomorrow is Maybank T+9

@linges, window dressing for TNB coming? Unexpected for me. Usually share price drop a lot from peak only need window dressing

Hi, @Warn3r, the EMA50 you saw is at 2.15, the simple moving average 50 days I saw is 2.19, is EMA50 has better advantage over SMA50?

Wait till white hair d. today is T+9, mav50 is 1.41, mav20 is 1.34, other technicals are improving. Bollinger band top is 1.45, any price action to close 1.45 and above will trigger buy signal....

Hi, linges, TNB is bullish in medium term but cautious on call warrants in weeks, hope I am wrong. Recently a few negative news was released. Technically mother is traded at mav50 and warrant at mav20, any comment?

Anyone know why C34 offer @0.185 today? Very cheap

oh.Mav20 yesterday is 1.35, mav50 1.405. Bolinger band top is 1.52. Still above mav20.

Sorry, unfortunately it is a false break out. close below 1.37. need to wait

Good. Testing support 1.37, Sayonara 1.40 and below later

Closed @1.39. Confirmed trend reversal today. Showtime tomorrow .Correct me if I am wrong. Panic buying tomorow morning?

not yet. I think it must stay above 1.36

technically if closed @1.37 or above, then operator give uptrend signal, I guess

mav20 @1.37 and mav50@1.42

Engine just started. Today and tomorrow sit down and relax to watch

Finally it is banks, PBB, CIMB, HLB which support the KLCI index while Tenaga rest. Left Maybank not moving yet, can consider to buy maybank call warrant C34, C31

thanks Edward123 for your effort

Thanks @MJ2006. Bullish Malaysia steel price!
@wenlijianqinyun79. Your share price prediction is correct. Now 2.11 at mav20 and mav100

@sklim. personally target price increase from 1.78 to 1.88 before March. Resistance 1.52, 1.60-1.68, 1.88

Agreed. As technical chart shows MACD is below signal, it may rest a while. Hopefully any tariff rerating (not likely due to election year) or good news in January may trigger share price uptrend to challenge KLCI 1800

Profit taking is well absorbed. Hope banking counters may lead KLCI up and steel counters may follow suit

now is time buy on dip

Tomorrow Tenaga ex with 44 sen dividend, million dollar question: which counters are going to support KLCI index? banks? Tenaga itself?

Any news from AGM today?

SSteel chart pattern similar to Lionind, playing catch up. Masteel and annjoo chart pattern better as MACD was in positive zone thus move early

Technically SSteel MACD cross signal today, tomorrow may challenge mav50 at 2.20. Once crossing mav50 with huge volume and convincingly, MACD may also cross to positive zone and trigger buy signal within this few days.....target 2.70, hopefully in January, purely technical.....

Higher profit= Increased sales price X increased sales volume X reduced raw material/cost price