Did You Trade

Good day,

I’m down with flu for 2 days straight. Medicine has kept me drowsy most of the time. My apologies for not being able to update the blog timely…

Despite Selling pressure yesterday, JKSCI managed to recover today to close above previous DH and at DH. Due to mixed signals on Asian market, Upside on US market is likely to be limited. Hence there is likely to be another round of profit taking on JKSCI tomorrow morning.

Trading Plan:

• Long Indonesian stocks as long as JKSCI stays above 2402 (SC) and it is trading above OP
• Good chance of profit taking since W% near extreme.

Stocks Pick based on Diff:

1. Bakrie & Brothers (BNBR): Above 133
2. Bank Central Asia (BBCA): Above 4300
3. Indosat (ISAT): Above 5400
4. Jasa (JSMR): Above 1770

Stocks on Watch List:

1. Bank Danamon (BDMN): Above 4475
2. Bank Rakyat (BBRI): Above 7375
3. Barito Pacific (BRPT): Above 1540
4. Energi Mega Persada (ENRG): Above 375
5. Indo Tambangraya Megah (ITMG): Above 24300
6. Medco Energi International (MEDC): Above 2850
7. Mitra Rajasa (MIRA): Above 465
8. PP London Sumatera (LSIP): Above 7450
9. Telekomunikasi (TLKM): Above 8400

Good Luck!

CK

Disclaimers Apply

Analysis:

Potential Trend Reversal on NK

Upside:

1. SHP on Down Trend
2. Reducing -ve ROC
3. Downside sparrow W%
4. Supported exactly at TAOS S/L (10190)

Downside:

1. Downside TSC (UB 10275, LB 10065)

Trading Plan:

• Long NK if it trades above 10275 (UB) and above OP
• Short NK if it trades below 10185 (LB) and below OP

Analysis:

Selling pressure on HK

Upside:

1. SHP on Downtrend
2. Downside Sparrow W%

Downside:

1. Downside TSC (UB 21139, LB 20735)
2. Closed below Diff S/L
3. Change in ROC

Trading Plan:

• Long HK if it trades above 21139 (UB) and above OP
• Short HK if it trades below 20920 (BC) and below OP

Analysis:

Signs of buying interest on STI

Upside:

1. SHP on Down Trend
2. Downside sparrow W%
3. Reducing -ve ROC

Downside:

1. Downside TSC (UB 2659, LB 2626)
2. Closed below Diff S/L

Trading Plan:

• Long STI if it trades above 2659 (UB) and above OP
• Short STI if it trades below 2638 (BC) and below OP

CK

Disclaimers Apply

Analysis:

Buying Pressure on DOW

Upside:

1. Closed near DH and above Prev DL
2. Hole Theory
3. Closed above Diff R/L
4. Change in ROC

Downside:

1. Downside TSC (UB 9596, LB 9500)
2. Upside sparrow W%

Trading Plan:

• Long DOW if it trades above 9596 (UB) and above OP

CK

Disclaimers Apply

Good Morning Everyone,

It’s been a few days since I’ve last posted.

My apologies… cos we are busy preparing and conducting the 1st KH Mentoring Programme in Jakarta!!!

Stock Picks today:

1. BISI: Above 2100. Cut Loss below 2050
2. Bakrie Telcom: Above 142. Cut Loss below 141
3. Indah Kiat Pulp & Paper: Above 1770. Cut Loss below 1760
4. Indo Tambangraya: Above 23760. Cut Loss below 23700

Good Luck!

CK

PS: I’m currently waiting for my air plane back to Singapore. *wink*

Good evening,

I wasn’t feeling too well today. Think I’m down with flu (hopefully not swine flu)

Nevertheless I will try my best to find stocks that are good to buy based on Diff.

Based on our homework, good chance JKSCI will continue its rally despite ROC is showing signs of profit taking. This is because the asian market is selling down but JKSCI managed to end positive. This is a definite sign of strength in the market!

Stocks Pick based on KH Diff

1. Bank Rakyat (BBRI): Above 7300
2. Berlian Laju (BLTA): Above 730
3. Holcim (SMCB): Above 1270
4. Indofood (INDF): Above 2700

Those stocks that sold down today may likely to pick up on bargain hunting. So just watch out.

Good Luck!

CK

Disclaimers Apply

Analysis:

Strong Selling pressure on NK.

Upside:

1. Closed above Prev DL
2. Closed above Diff R/L

Downside:

1. Closed outside Upside TSC (UB 10455, LB 10415)
2. Change in ROC
3. BHP formation on UT
4. Upside sparrow W%

Trading Plan:

• Long NK if it trades above 10415 (LB) and above OP
• Short NK if it trades below 10380 (BC) and below OP

Analysis:

Profit taking on HK

Upside:

1. Upside TSC (UB 21537, LB 21138)
2. Closed above Diff R/L

Downside:

1. Upside sparrow W%
2. Closed below prev DH
3. Change in ROC

Trading Plan:

• Short HK if it trades below 21138 (LB) and below OP

Analysis:

Signs of selling pressure on STI

Upside:

1. Upside TSC (UB 2675, LB 2651)
2. Closed above Diff R/L

Downside:

1. Change in ROC
2. Upside sparrow W%
3. SHP on Up Trend

Trading Plan:

• Long STI if  it trades above 2656 (BC) and above OP
• Short STI if it trades below 2651 (LB) and below OP

CK

Disclaimers Apply

Good morning Everyone,

Based on KH Techniques, we are staying out of the long side and have turn short to take advantage of the sell down both in stock market as well as the Futures market.

So does it mean that there is no hope for JKSCI stocks?

Not true…. I wouldn’t know for sure…

If your counters are selling off, it is normal. But if it managed to recover back up especially after breaking below previous Day Low (DL), There is likely to be buying interest on your stocks.

So Ladies & Gentlemen,

Look out for those stocks trading above OP

All the best!

CK

Good Morning Everyone,

DOW ended weak yesterday despite Asian Markets ending strongly on Tues. Disappointment are likely to set in.

NK  and Mini S&P are currently trading below OP as we speak…

I’m expecting SIMSCI and TW to do likewise – Gap down and sell down. Therefore, do expect some profit taking on your Indonesian stocks early this morning. So I’m not too keen to buy immediately even if the counters trade above OP. I rather wait for the profit taking to come in first then if it breaks above OP again, that’s when I will buy.

Good Luck!

CK

Good Day,

On Monday I’ve posted on the blog that Pound and Crude Oil is set to rally based on KH Techniques.

Although Crude Oil and Pound’s gain on Monday wasn’t too good, we took small profit and waited for yesterday to LOAD HEAVY!!!

We started buying when GBP started to break above our first KH BC 1.6346. When GBP re-enter into the uptrend Channel, that’s when we loaded more contracts. We kept buying once GBP break our KH BC at 1.6406 and 1.6512 despite the market going higher. Once the market starts to retrace back from TAOS R/L 1.6587, that’s when we started to take profit!

Similarly for Crude Oil

I bought at OP and just held on since early morning and I was handsomely rewarded with almost 200 pips in the market!

So did you trade?

*Wink*

CK

Good evening,

I took profit on my oil position earlier this evening because I set a target profit which I thought market would never hit.

kekekek…

Well, How do I know right?

As usual, a lot of stocks that have rallied today is likely to profit take tomorrow.

Anyway, based on KH Diff, we have:

1. Adaro Energy (ADRO): 1370
2. Astra International (ASII): Above 29400
3. Bakrie & Brothers (BNBR): Above 130
4. Bakrie Sumatra Plantations (UNSP): Above 850
5. Indah Kiat Pulp & Paper (INKP): Above 1720
6. International Nickel (INCO): Above 4250
7. Jasa Marga (JSMR): Above 1770
8. Medco Energi International (MEDC): Above 2825
9. Sampoerna Agro (SGRO): Above 1990
10. Tambang Batubara (PTBA): Above 12850
11. Truba Alam (TRUB): Above 163

Stocks to Watch:

1. Bakrie Telcom (BTEL): Above 141
2. Bank Danamon (BDMN): Above 4650
3. Bank Negara (BBNI): Above 1910. This stock is lifting off. There is a good chance it may resist at 1980 tmr
4. Indika Energy (INDY): Above 2350. This stock is also lifting off. Good chance it may test 2525 this week.
5. Barito (BRPT): Above 1570.

Note that those stocks which I didn’t pick is not because it is not likely to trade higher but it is trading near the high and away from Diff. As long as you follow the stocks pick and it didn’t fall below the “levels” that I mentioned, you can choose to hold

Good luck!

CK

Disclaimers Apply