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Subscriber issue: Year 18/Issue 049 Circulation Strictly Prohibited PP8228/02/2012 No of pages: 6
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MALAYSIAN EQUITY INDICES-TO-WATCH:
No Stock Index Close +/- Rec. Resistance Support Daily Stop Trend Remarks
18/03/11 (Up Target) (Down target) Mom Loss* Ind.
1 KLSE COMP 1503.89 +11.80 SA 1584/1652/1681 1473/1431/1410 -66 - Bearish Head & Shoulders Top
2 KLTECH 16.58 +0.21 SA 26.90 18.00 -2.61 - Bearish Correction
3 (ACE)MESDAQ 3986.16 +11.57 SA 4341 4261.00 -468 - Bearish Correction
4 FTSE FLEDGL 8668.44 +62.57 SA 10280 9025.00 -635 - Bearish Tech Rebound
5 FTSE SMALL CAP 12215.98 +81.88 SA 14350 12960 -1245 - Bearish Bearish
Note: If Momentum < 0 = Bearish, momentum > 0 = Bullish. This is only a guide. There are times when Mom whipsaws around the 0 level. MOM=40DAY
MALAYSIAN FUTURES-TO-WATCH:
No. Futures Close +/- PI Entry Rec. Target Fractal Remark
18/03/11 Price Stop
1 FKLI (MAR) 1498.5 +7.5 1503(S) Maintain Short Upside:1549/1646 1503 OH S-T: A-B-C Correction
Downside: 1460/1424/1412 L-T: Wave 5 up
2 CPO (MAY) 3446 +108 3379(S) Maintain short Upside:3650(hit)/3720 3485 OH S-T: Bear Flag B. down
Downside: 3069/2680 L-T: W 5 over
FOREX, GOLD & LIGHT CRUDE OIL-TO-WATCH
PRICE TARGET
FOREX PAIRS 18/03/11 ENTRY PRICE TREND POSITION STOP LOSS 1ST 2ND 3RD
EUR / USD 1.4165 1.3454 (L) UP MAINTAIN LONG 1.3700 OL 1.4180 1.4740 -
NZD / USD 0.7301 0.7203 (S) DOWN TURN SHORT 0.7490 OH 0.7120 0.6790 -
AUD / USD 0.9950 0.9842 (S) DOWN TURN SHORT 1.0150 OH 0.9590 0.9240 -
LOCO GOLD 1417 1365 (L) UP MAINTAIN LONG 1380 OL 1431(hit) 1708 2237
FTSE 100 5696 5598 (S) DOWN TURN SHORT 5850 OH 5400 5000 -
Re-enter @
HSI (18/03/11) 22300 23983 OH SW STOPPED OUT - 25218 26940 -
REMARKS : OL - Or Lower, OH - Or Higher, SA - Stay Aside, NA - Not Applicable, L – Long, S – Short, SW = Side Ways
NEW STOCKS-TO-WATCH : NAGAMAS
STOCKS WITH SELL SIGNAL : -
STOCKS WITH TAKE PROFIT SIGNAL : -
EXISTING STOCKS-TO-WATCH : MBSB
PI WEEKLY COMMENTS FOR MONDAY, MAR 21 2011: MKLCI REBOUNDED ON LAST MINUTE
WINDOW DRESSING, BUT DISCOUNT TO FUTURES IS SUGGESTING A REBOUND THAT COULD NOT
LAST. STAY ASIDE.
NEW STOCKS-TO-WATCH: NAGAMAS.
STOCKS WITH SELL SIGNALS: NIL.
STOCKS WITH TAKE PROFIT ON RALLY SIGNALS: PETDAG.
This stock market research newsletter is based on pure technical analysis. Statements and comments are subject to the limitations inherent in this technique of analysis and may change due to
unforeseen circumstances. Those wishing to trade are advised to use money management strategies to avoid getting over exposed in the event the market makes a sudden trend reversal. P.I.
Graduate’s comments should not be construed as a solicitation to buy or sell any stock referred to. P.I. Graduate or its staff may have positions in the stocks covered. P.I. Graduate shall not be
liable for any losses suffered by the subscriber from following our analysis. This daily newsletter is published by PI Graduate Studies Sdn Bhd (521589-H), 167A, Jalan Maharajalela, 50150 Kuala
Lumpur.
Continuation Sheet 2
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Continuation Sheet 3
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Continuation Sheet 5
21 PETDAG 14.72 +0.12 H/TPR 12.92 18/2/2011 15.00/17.60 85 14.20 Bullish TP@15.00
22 PETRA ENERGY 1.46 +0.02 SA 1.75 - 12/01/2011 1.42/1.52 46 - Bearish Tech Rebound
23 PETRA 0.86 +0.005 SA 0.955 - 13/12/2010 0.92 40 - Bearish Tech Rebound
24 PLUS 4.42 -0.01 SA 3.98 - 19/8/2010 4.90/5.55 47 - Bearish Stop Hit
25 POS 3.18 +0.06 SA 3.27 - 19/8/2010 4.32 49 - Bearish Tech Rebound
26 SEG 3.47 +0.02 SA 2.70 - 17/8/2010 3.52 66 - Bullish Target Hit
27 SIME 9.01 +0.01 SA 6.50 - - 10.20/12.13/13.00 41 - Bearish Consolidate
28 TASCO 1.44 0.00 SA 1.51 - 1/03/2011 2.05/2.26 51 - Bullish Weak
29 TM 3.88 -0.06 SA 3.40 - 23/3/2010 4.25/4.80 49 - Bearish Stop Hit
30 TENAGA 6.20 +0.18 SA 7.35 - - 9.50/9.70 48 - Bearish Tech Rebound
31 TWSCORP 0.82 +0.01 SA 0.795 - 13/8/2010 1.34 42 - Bearish Still Weak
32 UMW 7.20 +0.03 SA 5.80 - - 7.45/8.30/10.65 48 - Bearish Stop Hit
Warrant
1 GAMUDA-WD 1.35 +0.02 SA 1.15 - 16/7/2010 1.46 39 - Bearish Weak
2 IJM-WC 2.19 +0.04 SA 1.62 - 12/10/2010 3.50/4.20 38 - Bearish Weak
3 SPSETIA-WB 1.57 0.00 SA 0.595 - 22/9/2010 1.86/2.07/2.25 46 - Bearish Pull Back
4 SUNWAY-WC 1.19 0.00 SA 0.51 - - 1.70 46 - Bearish Pull Back
TECHNOLOGY
1 VITROX 2.00 -0.04 TP/SA 1.66 -- 18/2/2011 1.87/2.35 76 1.70 Bullish Target Hit
NEW STOCK
1 NAGAMAS 0.81 +0.065 Buy 0.81 -- 18/3/2011 1.13 81 0.70 Bullish Saucer/ATBO
Spec B = Speculative Buy, OL – Or Lower, OH – Or Higsher, M.A. – Moving Average, Res. = Resistance, H – Hold, WSL - Watch-out For Stop Loss, S.A – Stay Aside, TP – Take Profit, LTH –
Long Term Hold, LTB = Long Term Buy, STB – Short Term Buy, D.C.C – Dark Cloud Cover = Possible short-term reversal, Cfm – Confirmation, S.B or S. Buy = Strong Buy, O.S. – Over
Sold, E.Bearish= Expect Correction, O.B. = Over Bought, BOD=Buy On Dips, ACC= Accumulate, FB=Further Buy, T.P.R.=Take Profit on Rally. S.T.B.O. = Symmetrical Triangle Break Out,
B=Buy, Hang Man/Shooting Star (S.S.)/Doji/Harami = Possible short-term Reversal/Deliberation, Flag = Short-term profit taking. Bullish Harami = Possible upside reversal, PATBO =
Potential Ascending Triangle Breakout. Hammer confirmation = Bullish, R.P = Reduce Positions, Cup and Handle = Saucer. ** = Sell only if close below PRICE on Friday.Homing
Pigeon=Possible Bottom; RSI > 50 = Bullish; RSI < 50 = Bearish. Price > M.A. = Bullish; Price < M.A. = Bearish, A.B. = Average Buy, C. Buy= Conditional Buy B.D.= Bear Divergence
(Bearish); Bull Div = Bull Divergence (Bullish), Piercing Line=Possible Rebound, SLB=Selective Buy, SOR = Sell on Rally V.S.B = Very Strong Buy, H & S = Head and Shoulder. Sector:
F=Finance, T/S = Trading/Services, C.P = Consumer Products, I.P = Industrial Products, C = Construction, Tech = Technology, L = Loans, M = Mining, Ms = Mesdaq, PLNT = Plantations,
H=Hotel, P = Property, I = Infrastructure, W = Water. W5= About to enter wave 5 rally, Warr= Warrants.
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Continuation Sheet 6