Previous Tracker

This page attempts to identify share counters with high probability of upward movement in a relatively short time. The author does not put any claim on the accuracy of the information displayed on this page. This page is for the author's reference only.

KLSE KLSE KLSE KLSE KLSE

Date
Posted (T) Counter Closing
Price
On Posted
Date (T) Target Support Remarks
29/9/97 TR Industry 408 452 380
Buy signal activated.
(T+1) 396
Based on low volume traded, there should not be much concern about TRI closing lower today unless the support is broken.
(T+2) 394
Steady.
(T+3) 384
Bearish. Watch stop loss
(T+4) 396
Steady. (T+5) 406
TRI is ready to move up based on the last three candle formation baring negative news. This is the last update on TRI.
29/9/97 Tenaga 825 870/925/960 775
Buy signal activated. In times of uncertainty, it would be safe to invest in bluechips and TNB is one of the best.
(T+1) 870
Closed spot on target! Take profits near 2nd target. Stronger bulls may want to wait for 3rd target.
(T+2) 875
Candle looks like a hanging man. If tomorrow closing is lower, Hanging man is confirmed and TNB will head south.
(T+3) 795
Hanging man confirmed. TNB will head lower. Watch out for buying opportunity around 760/720 levels.
(T+4) 780
The downside is limited. Look for buying opportunities around 760/720.
(T+5) 805
The candle formation from (T+3) to (T+5) indicates that TNB will scale higher and test the 870 target again very soon. This is the last update on TNB.

4/10/97 DENKO 500 520/550/590 480
Buy signal activated. The previous two candles formed a tweezer bottom which suggest that the short term slide is over.
(T+1) 486
Watch support level. If below 480 tomorrow, Denko is not ready for the upward move in the near term.
(T+2) 525
First minor resistance breached. Expect profit taking on the way up to 2nd resistance level.
(T+3) 530
Denko managed to scale up to 550 before profit taking. With the positive market sentiment, it is expected for Denko to scale pass 600 in the near term.
(T+4) 515
Closed just below immediate support of 520. Next support is 480. 5DMA is still intact.
(T+5) 520
Steady. Uptrend still intact. This is the last update on Denko.

13/10/97 Evermaster 1260 1300/1420 1230
Evermaster is just starting to move after a period of consolidation.
(T+1) 1210
A disappointing performance by Evermaster. As the closing is only 2 bids from immediate support, cut losses should only be executed if Evermaster breached 1210 which is seen as a major support. Otherwise, hold for possible price reversal in line with the positive mood of the 2nd board.
(T+2) 1110
Immediate major support of 1210 breached. Slim chance of price reversal in immediate term. This is the last update on Evermaster.

3/11/97 UE(M) 825 865/930 800
A bullish candle has emerged indicating a buy. (T+1) 825
The high for today touched 870 before profit taking brought it down again. Immediate support is still holding.
(T+2) 805
Immediate support was breached today when UE(M) made an excursion down to 780 before rebounding. Since closing is above immediate support of 800, hold for possible upward move.
(T+3) 810
Steady. (T+4) 820
Steady. With the market going down today, UE(M) manage to hold its position well. This speaks well for its strengt.
(T+5) 785
UE finally succumbed to the bears breaking the 800 support. For those with funds, hold as this is a very attractive level to collect. This will be the last update on UE(M).

4/9/97 Malakoff 605 650/730 585
Low risk entry point. There was hugh volume today with the formation of a Hammer in Japanese Candlestick terminology. Using volume analysis, the trading today forms a base which will be used as a lauching pad for higher targets. Good probability of upward price movement in the short term. For higher gains - HOLD.
(T+1) 840
Malakoff's performance was beyond expectations!! It went limit up during the fisrt hour,scaled to a high of 900 and closed at 840.
(T+2) 885
(T+3) 945
(T+4) 945
(T+5) 875
Last update for Malakoff

5/9/97 Prime 945 1000/1150/1300 910/820
(T+1) 1200
Quite a strong movement. Take profits near 1300.
(T+2) 1490
Prime did a high of 1280 in the morning and retraced down to 1200. There was agressive buying towards end of day to see prime closing at 1490. From the strength shown, looks like Prime is set to scale higher.
(T+3) 1730
(T+4) 1700
(T+5) 1710
This will the last update on Prime

12/9/97 TV3 378 408/434/460 374
Low risk entry. Chart pattern identical to Malakoff before rally.
(T+1) SUSPENDED!!
(T+2) 350
Since the low did not breach 324 which was the lowest TV3 did on the 12/9, this counter still has potential for an upward trend
(T+3) 348
(T+4) 326
Stock is in bad shape. Someone commented that this stock recommendation is not working. Well, all I can say is I do not own a crystal ball. Look at the support level of 374. As this is a short term look at the stock, should cut loss once 374 is breached. The problem is we have some bears in bulls outfit. For long term, good to accumulate.
(T+5) 330
The low for today was 324 forming what the Japanese Candlesticks would call a tweezer bottom. Can look forward for higher prices in days to come. This is the last update on TV3.
15th Aug 98 Paracop 6.10 6.15/6.40/6.60 5.90 Short term buy. Paracop closes above 5DMA and managed to stay above the 30% retracement level. There is immediate resistance at 6.15 level. Should market sentiment improves, Paracop will test 7.00 Till then do not overcommit funds.
The golden rule is "It is better to lose an opportunity than to lose a trade"
(T+1)5.95
Price closed above the 5.90 support. But the candle formation at this stage is weak to stage any upward movement. This is inline with the current market sentiment. As long as price stays above support, there is a good probability that it will go higher when the market situation improves in the next few sessions.( The market will come to its senses and realized that it is giving away stocks at hugh discounts)
(T+2)5.95
Steady
(T+3)6.20
Not a bad performance. Paracop closes above the 5DMA with increased volume. For short term, take profits around 6.50/6.60 For mid term-hold.
(T+4)6.10 The expectation for Paracop to go higher did not happen. The 5.90 support did its job and as long as Paracop stays above the support, this counter is in good order for mid term. Contra appears remote.
(T+5)6.15
Under current market condition, Paracop seems to be holding well. Continue to hold for mid term. This will be the last update for Paracop.

13th Aug 98 CP Bhd 12.10 13.10/14.80 11.50 Short term buy.
(T+1) 13.60
The counter closed way above the first target and is heading for the second target
(T+2) 11.90
High for today was 14.70 which is one bid short of the second target.
Unfortunately, the price did not hold and close lower than yesterday's low. This bearish sentiment on this counter will continue on Monday. Watch out for the 11.50 support. If this is breached, the price will go down even lower and will test the 10.20 support.
This is last update on CP for now.
(T+3)
(T+4)
(T+5)

13th Aug 98 Lankhorst 11.00 11.80/12.30 10.80 Low risk entry point
(T+1) 10.90
(T+2) 10.30
Sell signal activated when the 10.80 support was breached.
(T+3)
(T+4)
(T+5)

25th July 97 CP Bhd 17.60 18.80 17.10 Low risk entry for short term
(T+1) 17.80
(T+2) 18.80
Closed spot on target! Next target is 19.50 with support at 18.80
(T+3) 18.80
The high was 19.40 short of 1 bid from target! As long as the 5DMA support at 18.40 is not breached, the immediate term objective of 20.50/21.30 is still in tact.
(T+4) 17.50
The 17.40 support must not be breached for CP to meet its objective. Next support is at 17.10
(T+5) 17.40
CP made an intraday excursion below 17.40 but managed to recover and close right on the 17.40 5DMA support. CP has stabilize around this level. Breaching the 17.10 major support is a signal to sell. Continue to hold as CP has uptrend potential. This is the last update on CP.
30th June 97 HACB 7.45 7.70/8.20 7.30 This is a low risk entry point only for BLB
(T+1) 7.45
(T+2) 7.65
Still holding
(T+3) 7.55
Weakening. Short term, stay away. Mid term- hold.
(T+4) 7.55
Steady
(T+5) 7.55
This is the last update on HACB. For mid term hold as it is showing positive signs.

4th July 97 TENCO 10.20 11.20 9.90 This is a low risk entry point.
(T+1) 9.90
In tandem with market sentiment, Tenco decided to head south. The 9.90 support is critical. WSL.

23rd June 97 UCI 12.50 13.40 12.20 Save entry point
(T+1) 12.20
Closing right on support. If support does not hold tomorrow near closing, get out. Otherwise-hold.Next major support is at 11.60
(T+2) 12.00
The candle formation is not serious enough to call for a sell. Mid term still looks good. For the short term, we can expect a period of narrow range trading.
(T+3) 12.00
Well, the 11.60 support did its job. Todays candle formation indicates that UCI should not get worse.Brighter times are ahead.
(T+4) 12.00
Looks like UCI is having difficulty in surpassing the 12.00
It will take a while. Meanwhile, the 11.60 support still holds
(T+5) 11.50
WSL. Brave little bulls take care.
(T+6)11.60
(T+7)11.50
(T+8)11.40
Major support is broken. Short term should stay out.
(T+9)11.80
Must break 12.00 with volume to confirm upward trend. Last update on UCI

23rd June 97 Evermaster 18.20 19.00/20.30 17.00
(T+1) 19.10
Well, what can I say? Today's high was 20.20 which was 1 bid away from target. Should have taken profits near the high which was the second target. Closing was near the first target. The last candle formation indicates that there will be a short correction period.Take a second look at this counter near 5DMA.
(T+2) 18.90
(T+3) 18.90
Price is near 5DMA. For short term, this is a low risk entry point.
(T+4) 19.50
When you are right, you are right. Should take profits near 2nd target.
(T+5) 19.50
(T+6) 19.00
Nearing the 5DMA. One last go at this counter for the BLBs.
(T+7) 19.30
(T+8) 20.50
Time to take profits
(T+9) 19.60
Last update on Evernaster

28th June 97 Sanda 11.00 12.10 10.20 Morning Star formation. One of the best candlesticks bottom confirmation patterns.
(T+1) 10.40
Previous formation negated. Even the Japanese dont have all the right answers.WSL
(T+2) 10.30
(T+3) 10.30
steady
(T+4) 10.70
(T+5) 10.50
Last update on Sanda

28th June 97 Timbermaster 13.20 14.50 12.60 Temporary bottom reached.For short term, this is a low risk entry point.
(T+1) 12.80
Close near support. WSL. Need a few more days to stage a comeback.
(T+2) 13.00
(T+3) 13.30
Looks Promising
(T+4) 14.00
Take Profits near first target
(T+5) 14.40
Time to take profits for short term. Last update on Timbermaster

13th June 97 Ajiya 10.40 10.60/11.20/12.20 9.70 Buy on dips around 10.00
(T+1) 10.60
(T+2) 10.60
If opening is below today's close - sell
(T+3) 11.10
2nd Target reached. Take Profits. Next Target 12.20
(T+4) 11.00
Dark Cloud Cover.
(T+5)
(T+6)
(T+7)
(T+8)
(T+9)

13th June 97 Crest 5.90 6.00/6.40/7.00 5.50 Buy on dips
(T+1) 5.70
(T+2) 5.80 Steady - Hold
(T+3) 5.95 Steady - Hold
(T+4) 5.80 Steady - Hold
13th June 97 Four Season 7.40 8.00/8.50 7.00 (T+1) 7.85
(T+2) 7.75
Dark Cloud Cover-Hold or sell if tomorrow's closing is below support
(T+3) 7.75
Steady
(T+4) 7.70
Sell if <7.70 at near closing

13th June 97 Haiming 9.20 9.60/10.10/11.00 8.60 Buy on dips
(T+1) 9.35
(T+2) 9.20
Sell if tomorrow's closing is below support
(T+3) 9.40
Steady
(T+4) 9.50
Steady
13th June 97 Hotline 11.00 12.10/13.40 10.10 Nearly a morning star formation
(T+1) 11.20
(T+2) 11.40
Steady
(T+3) 12.20
First Target reached. Take Profits
(T+4) 12.20
Stalled Pattern

13th June 97 Super Enterprise 8.50 9.00/9.70 7.95 Buy on dips
(T+1) 8.50
(T+2) 8.20
Sell if <7.95
(T+3) 8.50
Steady

13th June 97 Sanda 10.80 12.10/13.20 10.20 Looks like coming out of bottom
(T+1) 11.10
(T+2) 11.10
Steady
(T+3) 11.30
Steady
(T+4) 10.90
More downward movement expected.

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KLSE KLSE KLSE KLSE KLSE
Date Posted (T)	Counter	Closing Price On Posted Date (T)	Target	Support	Remarks
29/9/97	TR Industry	408	452	380	Buy signal activated. (T+1) 396 Based on low volume traded, there should not be much concern about TRI closing lower today unless the support is broken. (T+2) 394 Steady. (T+3) 384 Bearish. Watch stop loss (T+4) 396 Steady. (T+5) 406 TRI is ready to move up based on the last three candle formation baring negative news. This is the last update on TRI.
29/9/97	Tenaga	825	870/925/960	775	Buy signal activated. In times of uncertainty, it would be safe to invest in bluechips and TNB is one of the best. (T+1) 870 Closed spot on target! Take profits near 2nd target. Stronger bulls may want to wait for 3rd target. (T+2) 875 Candle looks like a hanging man. If tomorrow closing is lower, Hanging man is confirmed and TNB will head south. (T+3) 795 Hanging man confirmed. TNB will head lower. Watch out for buying opportunity around 760/720 levels. (T+4) 780 The downside is limited. Look for buying opportunities around 760/720. (T+5) 805 The candle formation from (T+3) to (T+5) indicates that TNB will scale higher and test the 870 target again very soon. This is the last update on TNB.
4/10/97	DENKO	500	520/550/590	480	Buy signal activated. The previous two candles formed a tweezer bottom which suggest that the short term slide is over. (T+1) 486 Watch support level. If below 480 tomorrow, Denko is not ready for the upward move in the near term. (T+2) 525 First minor resistance breached. Expect profit taking on the way up to 2nd resistance level. (T+3) 530 Denko managed to scale up to 550 before profit taking. With the positive market sentiment, it is expected for Denko to scale pass 600 in the near term. (T+4) 515 Closed just below immediate support of 520. Next support is 480. 5DMA is still intact. (T+5) 520 Steady. Uptrend still intact. This is the last update on Denko.
13/10/97	Evermaster	1260	1300/1420	1230	Evermaster is just starting to move after a period of consolidation. (T+1) 1210 A disappointing performance by Evermaster. As the closing is only 2 bids from immediate support, cut losses should only be executed if Evermaster breached 1210 which is seen as a major support. Otherwise, hold for possible price reversal in line with the positive mood of the 2nd board. (T+2) 1110 Immediate major support of 1210 breached. Slim chance of price reversal in immediate term. This is the last update on Evermaster.
3/11/97	UE(M)	825	865/930	800	A bullish candle has emerged indicating a buy. (T+1) 825 The high for today touched 870 before profit taking brought it down again. Immediate support is still holding. (T+2) 805 Immediate support was breached today when UE(M) made an excursion down to 780 before rebounding. Since closing is above immediate support of 800, hold for possible upward move. (T+3) 810 Steady. (T+4) 820 Steady. With the market going down today, UE(M) manage to hold its position well. This speaks well for its strengt. (T+5) 785 UE finally succumbed to the bears breaking the 800 support. For those with funds, hold as this is a very attractive level to collect. This will be the last update on UE(M).
4/9/97	Malakoff	605	650/730	585	Low risk entry point. There was hugh volume today with the formation of a Hammer in Japanese Candlestick terminology. Using volume analysis, the trading today forms a base which will be used as a lauching pad for higher targets. Good probability of upward price movement in the short term. For higher gains - HOLD. (T+1) 840 Malakoff's performance was beyond expectations!! It went limit up during the fisrt hour,scaled to a high of 900 and closed at 840. (T+2) 885 (T+3) 945 (T+4) 945 (T+5) 875 Last update for Malakoff
5/9/97	Prime	945	1000/1150/1300	910/820	(T+1) 1200 Quite a strong movement. Take profits near 1300. (T+2) 1490 Prime did a high of 1280 in the morning and retraced down to 1200. There was agressive buying towards end of day to see prime closing at 1490. From the strength shown, looks like Prime is set to scale higher. (T+3) 1730 (T+4) 1700 (T+5) 1710 This will the last update on Prime
12/9/97	TV3	378	408/434/460	374	Low risk entry. Chart pattern identical to Malakoff before rally. (T+1) SUSPENDED!! (T+2) 350 Since the low did not breach 324 which was the lowest TV3 did on the 12/9, this counter still has potential for an upward trend (T+3) 348 (T+4) 326 Stock is in bad shape. Someone commented that this stock recommendation is not working. Well, all I can say is I do not own a crystal ball. Look at the support level of 374. As this is a short term look at the stock, should cut loss once 374 is breached. The problem is we have some bears in bulls outfit. For long term, good to accumulate. (T+5) 330 The low for today was 324 forming what the Japanese Candlesticks would call a tweezer bottom. Can look forward for higher prices in days to come. This is the last update on TV3.
15th Aug 98	Paracop	6.10	6.15/6.40/6.60	5.90	Short term buy. Paracop closes above 5DMA and managed to stay above the 30% retracement level. There is immediate resistance at 6.15 level. Should market sentiment improves, Paracop will test 7.00 Till then do not overcommit funds. The golden rule is "It is better to lose an opportunity than to lose a trade" (T+1)5.95 Price closed above the 5.90 support. But the candle formation at this stage is weak to stage any upward movement. This is inline with the current market sentiment. As long as price stays above support, there is a good probability that it will go higher when the market situation improves in the next few sessions.( The market will come to its senses and realized that it is giving away stocks at hugh discounts) (T+2)5.95 Steady (T+3)6.20 Not a bad performance. Paracop closes above the 5DMA with increased volume. For short term, take profits around 6.50/6.60 For mid term-hold. (T+4)6.10 The expectation for Paracop to go higher did not happen. The 5.90 support did its job and as long as Paracop stays above the support, this counter is in good order for mid term. Contra appears remote. (T+5)6.15 Under current market condition, Paracop seems to be holding well. Continue to hold for mid term. This will be the last update for Paracop.
13th Aug 98	CP Bhd	12.10	13.10/14.80	11.50	Short term buy. (T+1) 13.60 The counter closed way above the first target and is heading for the second target (T+2) 11.90 High for today was 14.70 which is one bid short of the second target. Unfortunately, the price did not hold and close lower than yesterday's low. This bearish sentiment on this counter will continue on Monday. Watch out for the 11.50 support. If this is breached, the price will go down even lower and will test the 10.20 support. This is last update on CP for now. (T+3) (T+4) (T+5)
13th Aug 98	Lankhorst	11.00	11.80/12.30	10.80	Low risk entry point (T+1) 10.90 (T+2) 10.30 Sell signal activated when the 10.80 support was breached. (T+3) (T+4) (T+5)
25th July 97	CP Bhd	17.60	18.80	17.10	Low risk entry for short term (T+1) 17.80 (T+2) 18.80 Closed spot on target! Next target is 19.50 with support at 18.80 (T+3) 18.80 The high was 19.40 short of 1 bid from target! As long as the 5DMA support at 18.40 is not breached, the immediate term objective of 20.50/21.30 is still in tact. (T+4) 17.50 The 17.40 support must not be breached for CP to meet its objective. Next support is at 17.10 (T+5) 17.40 CP made an intraday excursion below 17.40 but managed to recover and close right on the 17.40 5DMA support. CP has stabilize around this level. Breaching the 17.10 major support is a signal to sell. Continue to hold as CP has uptrend potential. This is the last update on CP.
30th June 97	HACB	7.45	7.70/8.20	7.30	This is a low risk entry point only for BLB (T+1) 7.45 (T+2) 7.65 Still holding (T+3) 7.55 Weakening. Short term, stay away. Mid term- hold. (T+4) 7.55 Steady (T+5) 7.55 This is the last update on HACB. For mid term hold as it is showing positive signs.
4th July 97	TENCO	10.20	11.20	9.90	This is a low risk entry point. (T+1) 9.90 In tandem with market sentiment, Tenco decided to head south. The 9.90 support is critical. WSL.
23rd June 97	UCI	12.50	13.40	12.20	Save entry point (T+1) 12.20 Closing right on support. If support does not hold tomorrow near closing, get out. Otherwise-hold.Next major support is at 11.60 (T+2) 12.00 The candle formation is not serious enough to call for a sell. Mid term still looks good. For the short term, we can expect a period of narrow range trading. (T+3) 12.00 Well, the 11.60 support did its job. Todays candle formation indicates that UCI should not get worse.Brighter times are ahead. (T+4) 12.00 Looks like UCI is having difficulty in surpassing the 12.00 It will take a while. Meanwhile, the 11.60 support still holds (T+5) 11.50 WSL. Brave little bulls take care. (T+6)11.60 (T+7)11.50 (T+8)11.40 Major support is broken. Short term should stay out. (T+9)11.80 Must break 12.00 with volume to confirm upward trend. Last update on UCI
23rd June 97	Evermaster	18.20	19.00/20.30	17.00	(T+1) 19.10 Well, what can I say? Today's high was 20.20 which was 1 bid away from target. Should have taken profits near the high which was the second target. Closing was near the first target. The last candle formation indicates that there will be a short correction period.Take a second look at this counter near 5DMA. (T+2) 18.90 (T+3) 18.90 Price is near 5DMA. For short term, this is a low risk entry point. (T+4) 19.50 When you are right, you are right. Should take profits near 2nd target. (T+5) 19.50 (T+6) 19.00 Nearing the 5DMA. One last go at this counter for the BLBs. (T+7) 19.30 (T+8) 20.50 Time to take profits (T+9) 19.60 Last update on Evernaster
28th June 97	Sanda	11.00	12.10	10.20	Morning Star formation. One of the best candlesticks bottom confirmation patterns. (T+1) 10.40 Previous formation negated. Even the Japanese dont have all the right answers.WSL (T+2) 10.30 (T+3) 10.30 steady (T+4) 10.70 (T+5) 10.50 Last update on Sanda
28th June 97	Timbermaster	13.20	14.50	12.60	Temporary bottom reached.For short term, this is a low risk entry point. (T+1) 12.80 Close near support. WSL. Need a few more days to stage a comeback. (T+2) 13.00 (T+3) 13.30 Looks Promising (T+4) 14.00 Take Profits near first target (T+5) 14.40 Time to take profits for short term. Last update on Timbermaster
13th June 97	Ajiya	10.40	10.60/11.20/12.20	9.70	Buy on dips around 10.00 (T+1) 10.60 (T+2) 10.60 If opening is below today's close - sell (T+3) 11.10 2nd Target reached. Take Profits. Next Target 12.20 (T+4) 11.00 Dark Cloud Cover. (T+5) (T+6) (T+7) (T+8) (T+9)
13th June 97	Crest	5.90	6.00/6.40/7.00	5.50	Buy on dips (T+1) 5.70 (T+2) 5.80 Steady - Hold (T+3) 5.95 Steady - Hold (T+4) 5.80 Steady - Hold
13th June 97	Four Season	7.40	8.00/8.50	7.00	(T+1) 7.85 (T+2) 7.75 Dark Cloud Cover-Hold or sell if tomorrow's closing is below support (T+3) 7.75 Steady (T+4) 7.70 Sell if <7.70 at near closing
13th June 97	Haiming	9.20	9.60/10.10/11.00	8.60	Buy on dips (T+1) 9.35 (T+2) 9.20 Sell if tomorrow's closing is below support (T+3) 9.40 Steady (T+4) 9.50 Steady
13th June 97	Hotline	11.00	12.10/13.40	10.10	Nearly a morning star formation (T+1) 11.20 (T+2) 11.40 Steady (T+3) 12.20 First Target reached. Take Profits (T+4) 12.20 Stalled Pattern
13th June 97	Super Enterprise	8.50	9.00/9.70	7.95	Buy on dips (T+1) 8.50 (T+2) 8.20 Sell if <7.95 (T+3) 8.50 Steady
13th June 97	Sanda	10.80	12.10/13.20	10.20	Looks like coming out of bottom (T+1) 11.10 (T+2) 11.10 Steady (T+3) 11.30 Steady (T+4) 10.90 More downward movement expected.