CAVAET: PLEASE NOTE THAT THE CHARTS DO NOT REPRESENT AN INVITATION OR RECOMMENDATION TO BUY OR SELL ANY SECURITIES OR STOCKS. THEY ARE NOT TO BE TAKEN AS “INVESTMENT ADVICE”. THEY ARE PURELY AND STRICTLY FOR MY PERSONAL USE AND STUDY ONLY. NEITHER THE AUTHOR NOR ANYONE ELSE INVOLVED IN THIS BLOG WILL BE LIABLE FOR ANY LOSS, DAMAGE OR LIABILITY DIRECTLY OR INDIRECTLY CAUSED BY THE USAGE OF ANY MATERIAL(S) IN THIS BLOG. TRADE AT YOUR OWN RISK.
Wednesday, 10 October 2012
SOME BREAKOUT LEVELS
SOME PROJECTED BREAKOUT LEVELS BUT PLEASE BEAR IN MIND THERE ARE MANY FALSE BREAKOUTS. WOULD BE SAFER FOR THEM TO BREAK OUT OF THEIR RECENT SWING HIGHS ALTHOUGH THE STOP LOSS WILL ALSO BE GREATER. THERE IS ALWAYS A TRADE-OFF. THERE'S NO FREE LUNCH ON WALL STREET OR FOR THAT MATTER BURSA KLSE. NEED TO DO SOME STUDY. SO LET'S STUDY HOW MANY OF THE ABOVE COUNTERS WILL BREAK OUT AND HOW MANY WILL BE SUCCESSFUL AND WHY. MICROLN, MENANG, KLCCP, GOCEAN, DIGI AND AXIATA WILL PROBABLY BE THE SUCCESSFUL ONES.
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