1ST SUPPORT AT 914-920 LEVEL FOR REBOUND, 2ND SUPPORT AT 840-845 LEVEL FOR REBOUND.

Good economy and ringgit de-peg boost our economy activities which is leading to good capital market sentiment.Therefore, CI is likely to rebound at 914-920, 1st support level. In other words, REBOUND may just around the corner.

 

On the other hand, If CI drops and stay below 914-920 level, the rebound hope in short period may hardly to see, CI may then consolidate within 840-845 to 914-920 level.

 

 

 

SHORT PERIOD COUNTER TO MONITOR - SINDORA

Sindora has an upward momentum in short period technically.

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MONITOR MESDAQ COUNTERS

MESDAQ Counters - reasonably low price to accumulate. It needs only small capital for most of counters. Close monitor this board for upward movement. If the price and volume together increase, it denotes the buying sentiment is focused on this board. 

DON'T MISS THIS LOW BUY OPPORTUNITY, REBOUND IS AROUND THE CORNER.

Most of counters come back to low price at the moment, for those who haven't bought ticket may consider to buy at this moment for riding the coming train.

HOMEPAGE UPDATED

Our Homepage at http://STOCTOUCH.tells.it is just updated.

2ND & 3RD LINERS MAY REBOUND SOONER

Our system shows the rebound momentum for 2nd & 3rd liners become stronger at the moment. Rebound may just be around the corner. To monitor small cap counters such as Mesdaq Counters and Warrant Counters.

START THE REBOUND ENGINE AFTER THE MINOR CORRECTION

Market is probably starting to rebound after the correction. Short Period Players is starting to plan for their hot and fast money, but it is very risky for the shooting up momentum, which may trap investment fund.

KENANGA - GOOD BUY

RM 0.545 is a very good price to buy at low. Rebound may be around the corner.

MARKET MAY REBOUND FOR ANOTHER UPTREND SOONER

Our system shows that market may rebound for another uptrend sooner. If fast, it may be in this month, Sep has higher possibility. Many so called investors are now start to collecting at low price, then waiting for another uptrend. Kenanga is a good counter to buy low. Mesdaq Counters may be attractive as well with history low.

STOCTOUCH HOMEPAGE JUST UPDATED

STOCTOUCH Homepage at http://STOCTOUCH.tells.it is just updated. Please refer our homepage for update. Thank you.

IS MESDAQ MOVING UP?

Most of Mesdaq Counters closed 1/2 - 1 cent higher on 10 Aug 05. Does market focus on Mesdaq? It is not confirming yet at this stage. The next few trading days may indicate more signal.

ISYODA JV SECURES RM178M CHINA CANAL PROJECT

Isyoda Corporation Bhd’s 70% joint venture has secured a 386 million yuan (RM178.12 million) waterway project in Zhejiang Province, China under a privatisation contract, which will also see it collecting toll along the canal for 30 years. (More detail news at http://www.theedgedaily.com/cms/content.jsp?id=com.tms.cms.article.Article_955d2e0e-cb73c03a-bdc9b300-1ddb25c0 )

UBS TURN THE OTHER WAY DOWN! MESDAQ NO HOPE?

Disappointed with the forecast on UBS. With the UBS dipping, some said Mesdaq has no hope in coming uptrend. Do you think so? The main basic thing is Mesdaq Counters are mostly at the bottom prices now, institutional may turn their focus on these counters since they are comparately fair price in market.

UBS (MESDAQ COUNTER)

UBS is moving, it may fly high within next few trading days, who knows.