Trend followers are in the moment. They know that attempting to pinpoint the beginning of a trending market is futile. When trends begin, they often arise from a flat market that doesn’t appear to be trending in any direction. The idea is to take small bets early on in a market to see if the trend does, indeed, mature and get big enough to make big money. -President of Graham Capital Management
This week we will be focusing on the Malaysia FBMSCAP (Small Caps) Sector as it has been hovering at its resistant high (15,793) for 2 weeks. A possible breakout from its resistant this week lead by the Oil & Gas Stocks as they are all geared up to go for another healthy rally after 5 months of price correction. So do put the Oily & Gassy stocks into your to-trade-list this week. Other than that there are some small caps and penny stocks that we’ve been on favour for weeks that will continue to see more trending movement over the next 2 weeks. Therefore be profitable & ride on the trend!
(There are plentiful of profitable stocks in the market. Below are just some of the chosen one that we favour. Therefore always do your part of your homework and plan your trade beforehand)
ALAM5115)
SCOMI (7158)
CLIQ (5234)
INSTACO (0069)
DESTINI (7212)
IVORY (5175)
MALTON (6181)
SALCON (8567)
UCHITEC (7100)
William Au
(Position Trader, Financial Speaker)