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Technical | Fundamental Analysis Discussion Stocks Listed In Bursa

Showing posts with label Stocks Compilation Table. Show all posts
Showing posts with label Stocks Compilation Table. Show all posts

Wednesday, January 28, 2009

Stocks Compilation Table 6

Wednesday, January 28, 2009 Stocks Compilation Table , 0 Comments
Stocks Compilation Table 6 By Zhuge Liang

The table below is a compilation of actively traded stocks with their stop-loss, support and upside targets together with some popular technical indicators. Stock name in bold represents stocks that are expected to attract momentum trading plays and hence encourage retail or short-term trading participation. Share price in bold reflects revised stop-loss, support and upside targets. Recommendation (REC) in bold indicates changes to recent technical calls.

Comments:
We continue to recommend Buy on Dip AMMB and BCHB given the oversold condition on short-term momentum indicators, but revert to Sell on Rally Maybank with immediate upside seen capped below RM5.70. Revert to Buy on Dip TM following the recent decline for technical rebound gains, while we reiterate call to Buy on Dip UEMLand, WCT and Zelan which are expected to see more concerted buying interest on any short-term dips.

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Thursday, January 22, 2009

Stocks Compilation Table 5

Thursday, January 22, 2009 Stocks Compilation Table , 0 Comments
Stocks Compilation Table 5
By Zhuge Liang
The table below is a compilation of actively traded stocks with their stop-loss, support and upside targets together with some popular technical indicators. Stock name in bold represents stocks that are expected to attract momentum trading plays and hence encourage retail or short-term trading participation. Share price in bold reflects revised stop-loss, support and upside targets. Recommendation (REC) in bold indicates changes to recent technical calls.

Comments:
Given the severe fall on overnight US stocks led by financials on increased fears banks will need more funds to recapitalize or face nationalization, spill-over selling into local banking stocks is a distinct possibility today, hence our revision to SELL AMMB, BCHB, and Maybank. Blue chips such as Sime Darby, TM and TMI remains SELL. On the other hand, while lower liner construction related stocks such as MRCB, Ranhill, UEM Land, WCT and Zelan should also extend downward corrections, we view this as an opportunity to Buy on Sharp Dips as conditions will become grossly oversold, hence paving the way for technical rebound gains going forward.

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