KLSE Stocks Updates as July 20, 2009

In view of my current KLSE bearish outlook, I am in selling mode now. Counters that supposed to correct near 38% of earlier trend can now corrected near 68% and it still within Elliot wave rules. I can't look forward for trade with longer (several weeks) holding period because of longer term bearish outlook. It is for short-term swings now. I expect it is going to be less momentum stocks or stock than can run up for several weeks.

I have just post updates on my stocks positions and outlooks:


UEMLAND


ECM


DBHD
TEBRAU

In view of my current KLSE bearish outlook, I am in selling mode now. Counters that supposed to correct near 38% of earlier trend can now corrected near 68% and it still within Elliot wave rules. I can't look forward for trade with longer (several weeks) holding period because of longer term bearish outlook. It is for short-term swings now. I expect it is going to be less momentum stocks or stock than can run up for several weeks.

I have just post updates on my stocks positions and outlooks:


UEMLAND


ECM


DBHD
TEBRAU

2 comments:

Clement said...

Hi dude,

I like your charting software & comments. Do you mind sharing which software you using?


Thanks,
Clement

Aree said...

It is the good old Metastock.