Did You Trade

Good Day,

I was thinking hard…

If I’m you, the reader, I wouldn’t be skeptical when the writer claim that the stocks he has selected didn’t hit his stop loss.

It is his words against mine. How would I know if he is just saying to “package” his technique???

Hmmm…

Obviously, I can’t share our cut loss level. However, 1 thing is certain, we only enter to long above OP and the level we mentioned.

Back to our “report card”

Stocks to long based on KH Diff:

1. Gudang Garam (GGRM): Above 14350 – No Trade
2. Lippo Karawaci (LPKR): Above 680 – Profitable
3. Mitra Rajasa (MIRA): Above 465 – Profitable
4. Telekomunikasi (TLKM): Above 8400 – Losses

Stocks on My Watch List:

1. Bank Rakyat (BBRI): Above 7200 – Profitable
2. Darma Henwa (DEWA): Above 206 – Flat
3. Energi Mega Persada (ENRG): Above 376 – Profitable
4. International Nickel (INCO): Above 4250 – Profitable
5. Perusahaan Gas Negara (PGAS): Above 3350 – Profitable
6. PP Londoon Sumatera (LSIP): Above 7450 – Profitable

WOW! So far nearly 70% of the stocks selected are profitable, 10% Flat, 10% losses and remaining 10% no trade…

I guess the statistics says it all!

(^<>^)

CK

Good Day,

I’m sure a number of you raked in good profit today especially when the region recovered strongly after lunch.

As shown, JKSCI opened within the Up Trend KH channel and started to rallied, breaking 3 V3Go BC in a row!

WOW!

So what’s next?

Based on TAOS, we can expect JKSCI to test 2396 level within this week. Should it closed strongly above this level, there is a good chance JKSCI may test 2409 by next week.

Indicators are bullish:

1. Upside TSC (UB 2383, LB 2332)
2. Upside croc W%
3. Closed above Diff R/L
4. Widening ROC

Note that JKSCI must be able to trade above 2377 strongly to be safe on the upside. However do expect some profit taking tomorrow since retail crowds like to take small profit.

How JKSCI trade this week will have an impact on its likely movement for the next quarter. Based on TAOS, there are couple of TAOS R/L that will keep JKSCI in check.

Let’s keep our fingers cross

CK

Disclaimers Apply

Analysis:

Buying Pressure on NK

Upside:

1. Upside TSC (UB 10480, LB 10415)
2. Upside croc maiden crossing W%
3. Closed above Diff R/L
4. Change in ROC
5. Closed near DH and above OP

Downside:

1. Long down tail

Trading Plan:

• Long NK if it trades above 10415 (LB) and above OP
• Short NK if it trades below 10270 (Diff R/L) and below OP

Analysis:

Strong buying pressure on HK

Upside:

1. Upside TSC (UB 21502, LB 21042)
2. Upside croc W%
3. Closed above Diff R/L
4. Closed near DH and above Prev DH
5. Closed above TAOS R/L (21061, 20937)

Downside:

1. W% near extreme

Trading Plan:

• Long HK if it trades above 21042 (LB) and above OP

Analysis:

Buying pressure on STI

Upside:

1. Upside TSC (UB 2683, LB 2654)
2. Upside croc W%
3. Closed above Diff R/L
4. Closed near DH and above prev DH
5. Failed Peak Theory

Downside:

1. W% near extreme
2. Long Down Tail

Trading Plan:

• Long STI if it trades above 2654 (LB) and above OP

CK

Disclaimers Apply

Good evening,

I’m having a headache trying to find “good stocks cos:

• Stocks rallied by quite a fair bit today warranting potential profit taking tomorrow or;
• Stocks trading below Diff R/L or
• Stocks closing above Diff R/L BUT forming smaller ROC

In the end, I realize the best way to find stocks is to watch out for the counter during the actual day of trading.

Hmmm…. Challenging cos I’m more into Futures trading. Besides, I need to assist in mentoring the new batch of KH MP Graduates.

Guess I have to figure it one way or the other…

Meanwhile…

Stocks to long based on KH Diff:

1. Gudang Garam (GGRM): Above 14350
2. Lippo Karawaci (LPKR): Above 680
3. Mitra Rajasa (MIRA): Above 465
4. Telekomunikasi (TLKM): Above 8400

Stocks on My Watch List:

1. Bank Rakyat (BBRI): Above 7200
2. Darma Henwa (DEWA): Above 206
3. Energi Mega Persada (ENRG): Above 376
4. International Nickel (INCO): Above 4250
5. Perusahaan Gas Negara (PGAS): Above 3350
6. PP Londoon Sumatera (LSIP): Above 7450

Good Luck!

CK

Good Evening,

It was an interesting day.

NK, SIMSCI and TW was selling off initially but the story changed when HK opens. HK kept hovering above OP till late morning when the sudden rally on mini S&P led the indices to close higher. Likewise, JKSCI responded positively to close at DH despite its tight trading range which is expected.

Since US market is not open, JKSCI is likely to be directionless in early trading and will take heed from the regional markets. It is likely to test KH BC 2356 level. Should it failed to stay above this level and break below OP, do expect selling in the market.

My Take:

• Long stocks as long as JKSCI can stay above 2356
• Critical support for JKSCI at 2326 (Diff R/L). Expect more selling on Indonesian stocks should it failed to stay above this level

Once again, how did KH Diff Technique fare?

Stocks Pick based on KH Diff Technique:

1. Astra Agro Lestari (AALI): Above 20700 -  Didn’t hit our profit level nor stop loss
2. Semen Gresik (SMGR): Above 5900 -  Didn’t hit our profit level nor stop loss
3. Tambang Batubara Bukit Asam (PTBA): Above 12850 – No trade cos didn’t trade above OP
4. United Tractors (UNTR): Above 13250 – Ended Flat

Stocks on Watch List:

1. BISI International (BISI): Above 2010 – No Trade cos didn’t trade above OP
2. Unilever (UNVR): Above 10450 – Profit

Considering that JKSCI is trading on tight trading range, Not too bad since we aren’t stop out and can choose to take small profit or losses. Winnings on Unilever is more than enough to cover the commission for the other stocks.

So Did you Trade today?

CK

Analysis:

Selling pressure on NK despite gapping up overnight

Upside:

1. Upside TSC (UB 10390, LB 10335)
2. Upside croc maiden crossing W%
3. Closed above Diff R/L
4. Reducing -ve ROC
5. Closed above Prev DH

Downside:

1. Closed below OP

Trading Plan:

• Long NK if it trades above 10335 (LB) and above OP
• Short NK if it trades below 10270 (DIFF R/L) and below OP

Analysis:

Buying pressure on HK

Upside:

1. Upside TSC (UB 21023, LB 20583)
2. Closed above Diff R/L
3. Closed near DH and above Prev DH
4. Closed above TAOS R/L (20542)

Downside:

1. W% near extreme
2. Upside sparrow W%
3. Narrowing +ve ROC

Trading Plan:

• Short HK if it trades above 20583 and below OP

Analysis:

Buying pressure on STI

Upside:

1. Upside TSC (UB 2664, LB 2635)
2. Upside croc W%
3. Closed above Diff R/L
4. Closed at DH and above Prev DH
5. Failed Peak Theory

Downside:

1. N.A.

Trading Plan:

• Long STI if it trades above 2635 (LB) and above OP

CK

Disclaimers Apply

Good morning,

As predicted, Asian markets are profit taking in early trading. Futures market are currently trading below OP. There is a good chance of HK to follow suit since ROC for SH is narrowing. Of cos, SH is likely to trade higher first due to DOW ending positive on Friday. However if it failed to stay above OP by 845 am, selling on HK is almost assured.

Hence, I would strongly advise stock traders to be cautious on the long side. If you are not keen to take profit, do set your trailing profit to protect your position.

CK

Disclaimers Apply

Looking at Oil chart, we are seeing crude oil well supported at Diff S/L (67.66). If Oil can break above 6824 (UB) by today, there is a good chance for Crude oil to hit above 72 level by this week.

GBP closed above Diff R/L on Friday. Based on KH Techniques, the odds of buying is higher. If GBP futures can trade above 16409 (BC), it stands a good chance of  seeing 1.660 level within this week.

Good Luck!

CK