ZLBT Random Stock Pick >>> AZRB (7078)

Technical Comments: Due to overbought technical momentum, any further rally on AZRB towards RM1.10 (14/2/12 peak) or higher should encourage selling prior to profit-taking correction ahead, while retracement supports are at RM1.03 (76.4%FR) and 96sen (61.8%FR).

AZRB (7078)

As of 16 July 2013, AZRB has been on a strong uptrend as suggested by the upward sloping 20-Day and 50-Day Moving Averages. In addition, the price just broke the resistance of 1.08 reinforcing the bullishness in the recent price movement. This breakout was accompanied by a higher than average traded volume which shows the enthusiasm of the traders to push the price higher and past this resistance hence giving a higher probability of a successful breakout. HAPPY TRENDING

ZLBT's Random Stock Pick 27 Apr 2013 >>> TOMYPAK (7285)

TOMYPAK has been trading above its upward sloping 50-Day Moving Average which is a good sign. In addition, the price just broke the resistance of 1.30 & 1.38 reinforcing the bullishness in the recent price movement. This breakout was accompanied by a higher than average traded volume which shows the enthusiasm of the traders to push the price higher and past this resistance hence giving a higher probability of a successful 1.80 target.

 TOMYPAK 's FA looks pretty enough?
Note EPS & PE

RECOMMENDATIONS

BUY ON DIPS

Cutloss 1.30

Target 1.80 

GOODLUCK 

ZLBT's Random Stock Pick >>> Keladi Maju Bhd (6769)

KELADI (6769) has confirmed a bullish "Ascending Triangle" pattern with a 1.5 sen single-day advance to 21.5 sen.

 

Ascending triangles have a distinct bullish bias in that the chart pattern depicts the convergence of a horizontal resistance and an upward sloping support line as compared to the "Pennant" formation.

 

More importantly, the upside volatility breakout of the 20.5 sen resistance line on KELADI's daily chart marks a bullish continuation of an uptrend that extends as far back as a year. We reckon that the bullish move should carry the share price higher towards 24.5 sen in the coming weeks, and traders may consider buying in between 20.5 sen and the current 21.5 sen level.

 

Correspondingly, a stop-loss of 18.5 sen should also be placed.

 

Technical Ratings

Resistance 2 : RM0.23

Resistance 1 : RM0.22

Current Price : RM0.215

Support 1 : RM0.205

Support 2 : RM0.195

Action : Buy

 

GOODLUCK

ZLBT Random Stock Pick : Top 20 Overbought Stocks 03 Dec 2012

*Note: The list below is the 20 most overbought of the 1000 over Bursa Malaysia listed stocks with 14-day RSI above 80. It is generally a bearish or SELL list, especially if the readings approach 90.

Caveat: The list consists of fundamentally sound stocks, and hence are long-term

BUY or HOLD stocks.

DISCLAIMER

The information contained herein was obtained from sources believed to be reliable. However, we do not guarantee the accuracy and completeness of the report. Opinions expressed herein are subject to change without notice. This report is for information purposes only and should not be construed as an invitation, offer or solicitation to purchase or sell any futures product referred to herein. The Author may from time to time has an interest or position in the futures products or stocks mentioned. There is a risk of loss in trading stocks,futures & derivatives like products.

 

GOODLUCK

ZLBT Random Stock Pick 25 Oct 2012 >>> DBHD (3484)

GE 13 Short-term Trade

DBHD (3484)

An important development took place on 24 October 2012 where the price of DBHD broke the resistance of 0.39. This breakout was accompanied by a higher than average traded volume which shows the enthusiasm of the traders to push the price higher and past this resistance hence giving a higher probability of a successful breakout. DBHD close 0.41 with a +0.025 gain on increased volume.   Recommend BUY ON WEAKNESS (Red prices only) Cutloss 0.38 > 0.37 Target : 0.525 & 0.580   GOODLUCK

ZLBT Random Stock Pick >>> PERDANA (7108)

PERDANA PETROLEUM BHD (7108)

PERDANA has been trading above its upward sloping 20-Day Moving Average which is a good sign. It is important to calculate the risk/reward as the recent upward movement has pushed the price to be quite far from the support level of 0.84     GOOD LUCK

ZLBT Random Stock Pick >>> 5005 UNISEM BHD

A picture paints a thousand words

No need commentaries 

GOODLUCK 

Random Stock Pick >>> TENAGA 5347

 Tenaga shares should correct towards RM5.44 (23.6%FR) or RM5.17, with the RM4.89 low of

26/9/11 as the core support platform. Resistance is seen at RM6.05 (50%FR).

DISCLAIMER

The information contained herein was obtained from sources believed to be reliable. However, we do not guarantee the accuracy and completeness of the report. Opinions expressed herein are subject to change without notice. This report is for information purposes only and should not be construed as an invitation, offer or solicitation to purchase or sell any futures product referred to herein. The Author may from time to time has an interest or position in the futures products or stocks mentioned. There is a risk of loss in trading stocks,futures & derivatives like products.

 GOODLUCK2ALL 

ZLBT Random Stock Picks >>> LION CORP + LION INDS

Technical Comments

Despite the breakout rally on Lion Corp shares yesterday, any further rise towards 31.5sen (61.8%FR) or 33.5sen (50%FR) would be a good selling opportunity ahead of a pullback as technical momentum becomes overbought.

Technical Comments

Similarly, a further rally on Lion Inds towards RM1.90 (38.2%FR) or RM2.02 (23.6%FR) would be attractive to sell prior to profit‐taking pullback, given that the 14‐day RSI already has an overbought reading above 70.

DISCLAIMER

The information contained herein was obtained from sources believed to be reliable. However, we do not guarantee the accuracy and completeness of the report. Opinions expressed herein are subject to change without notice. This report is for information purposes only and should not be construed as an invitation, offer or solicitation to purchase or sell any futures product referred to herein. The Author may from time to time has an interest or position in the futures products or stocks mentioned. There is a risk of loss in trading stocks,futures & derivatives like products.

ZLBT Random Stock Pick >>> MALTON (Code : 6181)

Please click on image to ENLARGE

Technical Comments:

A fresh DMI sell signal on Malton Bhd implies further downside bias for the share towards the lower Bollinger band (RM0.65) or 38.2%FR (RM0.59) from the high of the 11/11/10 (RM0.86),

before more buyers return.

DISCLAIMER

The information contained herein was obtained from sources believed to be reliable. However, we do not guarantee the accuracy and completeness of the report. Opinions expressed herein are subject to change without notice. This report is for information purposes only and should not be construed as an invitation, offer or solicitation to purchase or sell any futures product referred to herein. The Author may from time to time has an interest or position in the futures products or stocks mentioned. There is a risk of loss in trading stocks,futures & derivatives like products.

ZLBT Random Stock Pick >>> Public Bank (Code : 1295)

Public Bank (1295)

HAPPY TRADING & GOODLUCK2U

ZLBT Random Stock Pick >>> Alam Maritim 5115

Please click on image to ENLARGE

DISCLAIMER

The information contained herein was obtained from sources believed to be reliable. However, we do not guarantee the accuracy and completeness of the report. Opinions expressed herein are subject to change without notice. This report is for information purposes only and should not be construed as an invitation, offer or solicitation to purchase or sell any futures product referred to herein. The Author may from time to time has an interest or position in the futures products or stocks mentioned. There is a risk of loss in trading stocks,futures & derivatives like products.

HAPPY TRADING & GOODLUCK2ALL