Monday, April 24, 2023

ABC : Sell in MAY ...

 6.40pm : tired after done some gardening ... perhaps effects from the COVID I kena-ed last week ... recovering ...


Airport : doing well as opening of borders plus revenge travelling ... peaking the numbers of tourists ... locally or abroad. 

I m still in a view of SELL all stocks and go away ... the sell in MAY and go away mantra should be working its magic this year, with SP500 at high 4100 above range, very expensive and overbought.

BIMB : banking stocks going thru some selling pressure ... and BIMB would be a good buy here around RM1.50


CIMB : due to banking tumour in US (collapse of SVB etc), some of our banking stocks experiencing selldown too. CIMB below 200MA now ... and we shall see in MAY if it could rebound above that red-line again ...or perhaps form a lower low. Technically BEARISH. 


Well ... the A-B-C stocks I m watching ... but with nothing to buy. 

KEEP full cash and WAIT.

TEH


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Stock Watch : TENAGA above RM14

 12.10 pm ... Tenaga above RM14 ... paper-profits RM500 and not selling ya ... add breakout uptrend and hold up ... use the profits to pay ...