Saturday, June 9, 2007
Second liner & penny stock
If you take note of all the stocks in KLSE. I think you should notice that there isnt much GOOD penny stock left. The KLCI will sustain at 1350 support and i think it will reach its 1500 high by next year. I do not use fengshui truely as my tools but TA. What i feel is TA must be supported by good FA as well. I must combine both methods. Why? Let say you analyze a stock indicating buy signal but will it really reverse trend? I believe it is drive by it fundamental. A losing company has no volume or interest in it. So you still want that stock? Will it price go up? Best if you can make use of the two tools. Me combined with feng shui.
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