Anyway, my weekly filter says the following are bullish:
KLSE: Bjtoto, Bursa, IOICorp, Maybank, PBBank and TM
HKSE: MTR, Sinopec, Chmobil
I can't find an entry point for Bursa. Missed my chance, so I will forget about it. For Maybank, it has just come out of downtrend, so I will wait for the base building first before deciding on it. In IOICorp case, I sold out this one, and cannot find a good reentry point.
For the HKSE counters, I only like Sinopec as it gives the best signal among the 3.
It's very volatile this few days, one day up, one day down. I think the best is to enter a little bit. You must realize, it's festivity time. When people are happy, they will be careless with their money and will end up with buy buy buy.
1 comment:
I accidentally came across your blog when I was searching for Bursa's online portfolio management services, etc. Still searching. Your picks on IOICorp and Maybank are coming true. I always watch from the sideline and never dare to enter with the uncertainties in the market. Terrible feeling, as if missed all the boats?? What say you?
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