Saturday, April 24, 2010

DJIA Has Passed the Resistance of 11,150.00.What About KLSE Stocks Trading?

The Stocks' cooperate earnings are expected to drive the US online stocks trading, boosting more higher next week, though the Goldman case, still on focus. Look at the trend shown last week, indicating, there will be another upward rally going to establish next week or so. But always remember, don't delay the profits! When you get it, grab it. Try to monitor the counters that display a low profile, lazy to move, but look likes as if someone, are accumulating the stocks.

From my experiences, looking at the behavior of our stock trading movement ever since, I found that, in general, we are always not on the same track as the US stocks’ movement. Our klse stock trade, normally, the pickup was slow, and only a few days later, could we see some reactions.

But that is not always the case. To be safe, look at the counters, that shown an increment in volume in the previous week’s, and at the same time try to check whether the stock trading's chart is approaching near the resistance level or not. If there is, monitor this stock and grab it when volume dominates the stock.

The picks for this week, I would like to make a little focus on Cocolnd (7205). Look as if someone was accumulating the stock. I don’t know who the figures are, but if the high profile that make the volumes, we will see some upward change in the near term. According to Klse Stock Watch, the stock involves in the preservation of foods and fruits of several kinds. Its earnings per share was recorded as 4.33. The number is quite reasonable, and is safe! The closing price, last Friday was 1.47, and the resistance is somewhere near 1.50. The difference is not far, and any upward moves could happen any time, watch out!

Try and watch these two stocks, JCY and OSK. The volumes are big and the investors look hungry!

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