Wednesday, September 15, 2010

Index closed red as well as Landmrk, Unisem, Topglov, KNM & Kencana



Due to taking profit day, FBMKLIC closed lower in red ended the winning streak and also dragged most of the stocks closed in red as well. KNM, broke below the up trend line which is the bearish flag. Perhaps it is only a mini correction. Stop loss point at 0.39.

Topglov closed lower as well in mini white candle. Still well supported by 200 MA line and the previous downtrend line.
Black hammer formed with a long leg and decreased volume. Still bullish but cautious because might continue dragged by the index.
Inverted black hammer formed. Still bullish although decrease in volume.
Still being blocked by the downtrend line, lower volume.

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