Thursday, March 15, 2012

Is LionaDiv(2887) going to be like Johan(3441)?

I missed Johan(3441) because I wanted to wait for a clearer signal. And suddenly it moved today(March 16, 2012)

When I notice Johan the price was only 0.23(March 14, 2012. If I were to buy 100,000, I could have made 4625.70 if I can sell it at 0.28 today.  The return is 20.11% and it is within contra period.


Well, that is for Johan. It is a history. I think Liondiv(2887) can perform like Johan because it has the same pattern as Johan. 

Liondiv was priced at 0.415 on Feb 13, 2012. 0.415 is the high of this year.  Within 12 trading days, it came down to 0.335 on Feb 28. 2012. It has been consolidated between 0.335 and 0.355 from Feb 28, 2012 to March 15, 2012.  Already 13 trading days. This is accumulation stage. It can be pushed up any time.

Suppose you buy 100K at 0.345 and target to sell it at 0.415, you will make 6444.20 and make a return of 18.68%.

Johan has the similar pattern. Johan is priced at 0.27 on Feb 13, 2012. 0.27 is the high of this year. Within 15 trading days, it came down to a low of 0.225. We see a doji on March 5, 2012. Doji is considered a buy signal. On that day, Johan is opened at 0.23 and went up to 0.235 and dropped to 0.225 but rebound back to 0.23 at closing. It consolidated for 7 days.  On Mar 14, 2012, if you were to buy 100K at 0.23 before closing, you can sell at 0.28 today(March 16, 2012) which is still within contra period.

Nowaday, there are 56 licensed day traders in town, They will buy and sell within the same day and they are allowed to sell short. These licensed day traders created volume for Bursa. That is why we have at least 1 billion shares traded.

We need to go short term also. We cannot do long term because some stocks are traded for a few days only and after that they will be quiet.

Dutaland(3948) might be a play in the coming days because it has reached the low of this year.  Many played stocks are a buy on support which will probably be the trading pattern.

I have been observing this stock for many months and I found that the big players will come and push it back to 0.55 or more after it touched the low of 0.51. They said history repeat itself. I am sure. Please draw your own conclusion.

Cepat(8982) is priced at 1.12 today(March 16, 2012) which is also the support level for this stock.


Ecofirs(3557) is priced at 0.215 which is also the support for this stock. Normally, it will be accumulated at this level and when it has accululated enough stock, it will just push it up. So you have the holding power, this price is a buy and the risk of dropping is low and the possibility of making profit is high.

MRCB(1651) is considered a government link counter. Today it is priced at 1.97 and 1.98.  Normally buy below 2.00 is the right price because rebound is probably imminent.

 

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