These sizzling hot metal, steel, & aluminium stocks have been star performers since month of April 2017.

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Price Correction on these Metal, Steel, and Aluminium stocks are over. Time to look for an entry.APRIL 4, 2017

(Price Correction)

A correction is a reverse movement, usually negative, of at least 10% in a stock, bond, commodity or index to adjust for an overvaluation. Corrections are generally temporary price declines interrupting an uptrend in the market or an asset.

(Uptrend)

DEFINITION of ‘Uptrend‘ Describes the price movement of a financial asset when the overall direction is upward. A formal uptrend is when each successive peak and trough is higher than the ones found earlier in the trend.

(Position Entry)

Position Entry is the timing for an investor or trader to position they buying point onto a stock while pending for it’s price action and volume to take place riding the continuous trend.

(Trading Plan)

WHEN an investor or trader decides to position into a particular stock, he/she must prepare at 1) what price range is the entry pricing zone, 2) shall price reacts the opposite at what price range is the stop loss pricing zone, 3) as profits starts building up when to take profits.

How they are performing up to today?

Generally generating at least +20% ROI within a month! Some have more rooms to perform!

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The HOLE is closed and the door to OPPORTUNITIES are open now: Malaysia Stock Market Outlook (March)

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February 12 2017 we wrote a topic on: YOU deserve to be rewarded in the stock market IF ONLY….(Click on link) where it is a norm for the Malaysia Stock Market index FBMKLCI to close its gap.

Malaysia Stock Market Index FBMKLCI

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Took 2 weeks for the index to close its GAP at 1691 and since then the FBMKLCI has been been rebounding well back to February high 1715. Our views remain the same on the target of 1730 for the FBMKLCI towards the end of March 2017. Broad market stocks over the past two weeks we’ve seen how high flying stocks took their turns for a healthy price correction. Whether you are stuck in chasing high flying stocks and ended getting caught in the price correction, now the door to OPPORTUNITIES are now open.

  • Measure the strength of your stocks that had been through a price correction. Apply double up strategy to average back into your position. 
  • Your stocks violated your stop loss point? Is it able to make a turn around back above this stop loss point? No then apply stop loss and look for other opportunities. 
  • Looking to position into new stocks? Always always and always look for an uptrend stock instead of an downtrend stock. 
  • Before positioning into the stocks, have a pre ready set of entry, exit, profit target, and stop loss plan.

Growing opportunities on these stocks:

(We maintain most of the stocks in the list from our previous post)

Big Shots!

GENTING (3182)

MAYBANK (1155)

CIMB (1023)

AMBANK (1015)

PETRONM (3042)

Mid Shots!

WCT (9679)

UEMS (5148)

TNLOGIS (8397)

SKPETRO (5218)

MAHSING (8583)

ENGTEX (5056)

Small shots!

RSAWIT (5113)

LSTEEL (9881)

LBALUM (9326)

D&O (7204)

AWC (7579)