Good Day,
As mentioned in my blog, we already expected a number of stocks to profit take yesterday especially those who traded on high volume last Thursday.
How did KH technique fare on 4 September especially since JKSCI ended flat? Note that we only buy if the counter open above the level mentioned and trade above OP by 1 bid.
Stocks to long today (4 Sep) based on Diff:
- Aneka Tambang (ANTM): Above 2250 – Profitable
- Bakrie & Brothers (BNBR): Above 130 - No trade
- Bakrie Sumatra Plantation (UNSP): Above 850 – No trade
- Bakrie Telecom (BTEL): Above 141 – No trade
- Bank Mandiri (BMRI): Above 4000 – Profitable
- Bank Negara (BBNI): Above 1880 – Ended flat. Never hit our stop loss level
- Barito Pacific (BRPT): Above 1500 – No trade
- Bumi Resources (BUMI): Above 2775 – No trade
- Darma Henwa (DEWA): Above 200 – No trade
- Elnusa (ELSA): Above 340 – No trade
- Energi Mega Persada (ENRG): Above 375 – No trade
- Holcim (SMCB): Above 1270 – No trade
- Indah Kiat Pulp & Paper (INKP): Above 1722 – Ended flat. Never hit our stop loss level
- Indika Energy (INDY): Above 2325 – No trade
- Indo Tambangraya Megah (ITMG): Above 23400 – Profitable
- Indosat (ISAT): Above 5250 – Ended flat. Never hit our stop loss level
- International Nickel (INCO): Above 4250
- Medco Energi International (MEDC): Above 2825
- Sampoerna Agro (SGRO): Above 1990
- Timah (TINS): Above 2025 – Small losses. Never hit our stop loss level
- Truba Alam Manunggal (TRUB): Above 163 - Small losses. Never hit our stop loss level
As you can see, KH technique helps you avoid stocks that are likely to incur big losses. Those stocks that incur small losses didn’t trigger our stop loss position so in theory, we haven’t realize our losses yet.
The power of KH technique!
CK
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