Plantation Stocks : FOCUS

 I m into plantation stocks ... so ... we shall see in coming weeks if I could be able to HOLD on to profit well ...IF whole sector to rebound.

Trade at own risk ... I m positive on the sector since ... hmm ... 6 months ago?

TEH

1st Day December Challenge

 Sunday ... 9.50am. Done my exercise (nice new shoe!!) and gardening ... listening to motivational-clip to stay positive and motivated and planning for 2025.

Dec 1st : saw these challenges ... not easy to be consistent everyday ... but it is a CHALLENGE.

no netflix : that is easy ..i don't watch movies etc for years. 

wake up 5am : that is not hard as I do wake up around that time, but to make it consistent ..will put the alarm 5am ...sleep by 10.30pm then. 

4 hours of deep work : that is okay too ... analyzing charts and do my daily trading plans. READ and LEARN 

Junk Food : the only junks I m taking are biscuits and peanuts!!

Workout : That is difficult ... but I MUST force myself to move and stay healthy.

Read : Trading books ... read ONE. Not three. Trading book is not a leisurely-reading material, ya. ONE ... and listen to audiobook ... whenever I m 'relax'.

Side Hustle : BLOG ... this blog. Don't know how to grow it? Hmm ... let me be consistent first ... then post it everywhere!! Get those sincere readers to 'promote' for me ... but I need to BLOG EVERYDAY la. 

Ok ... take the challenge. 

TEH

Sector Watch : Technology

 10.30 am ... morning. SATURDAY ... no longer have classes as students going for exams ... and free for whole DEC ... treat me coffee, PM me if u r free to meet up, ya. 

Early in the morning ... I cleaned my room ... then clear the rubbish ..went to the backyard to clear the weeds etc ... now, having my breakfast after check on the TECH STOCKS.

There are so many opportunities in that sector now. Treat me coffee, I give u ONE. haaha. 

Technology Index : down = opportunity. Unless u dont know how to see it ...

note : I m holding 3 tech-stocks now, bought yesterday. 

so ... I m waiting for my 'coffee' ya.

TEH

Trading Well : Working space

 morning ... 6.45am. Thanks-giving day in US .... here, I would like to thank few of my readers (average 20 of u here) ... for reading my blah-blah ... 

This is my current trading-desk ... just one screen ... nothing fancy .. I do use iPad to check the live-HSI during trading ... nothing else. 

I m still doing some changes ....preparing for 2025. I have one month to do that. Yes, one month left of 2024 ... markets STILL not crashing yet ...

which one crashed? Check that and collect then. 

those crystals are my wife's new obsession ... haha. so, she said I need GOLD colour to enhance LUCK ... ommm ....

Clean and clear my desk everyday ... to make sure it is not cluttered. 

also changing my trading list in weekly basis. 

My mousepad ... a reminder to myself ... SHOOT WELL. haha

Trading is a cyber-GAME for me ... others playing those pc-games .... trading is my REAL GAME. 

REAL MONEY ... real stress ... real work and my bread-butter!! haha. 

Time to back to do work ...preparing for today!!

TEH

Stock Watch : RHBBank

 1.15pm ... nothing done yet except my FKLI and waiting for my profits (could be losses if I got it not right la ... I LONG FKLI for today morning)

Sold 2/3 of my RHB and bought back on pullback this morning. phew. the swing is wild ... 

RHB : sold third candle  ... pullback is buyback. 

It is easier said than done as after I sold my KPJ recently around RM2.30 ... it went up to RM2.50 plus ... and i watched with 'pain'. 

Realise that we could not know or control is important for trading ... don't expect things always go our ways ... be realistic!!

So ... as long as RHB is still up, I will hold. I called it ...trade it up.

TEH

New High : RHBBank and AMBank

 noon ... 11.30 am now. taken some profits from RHB . Keep n ride it up ... so, banking on the moves, again. 

RHB :  at new high, third white candle up, sell 1/3 of positions. Profits RM300 plus. 

Ambank : bought in .. hold it up as yesterday pullback = nice. 

When u ignore noises ... u focus on CHARTS ... breakout = buy. and wait to sell it. 

HIGH going HIGHER ... so, the strategy is BUY HIGH, SELL HIGHER. 

cutloss if breakout fail. No buts or ifs. 

TEH

Crashed : MMSV (code 0113)

 2.50pm : just came back from simple lunch ... nap time soon. Saw MMSV at new low too ..

MMSV weekly : at low 40cents. 

so ... put it here as a record ... I would be interested with all these crashed, oversold tech-related stocks once NASDAQ diving ya. 

SO .... I will wait for that DIVE. 

Otherwise ... I trade uptrending stocks ... and ignore all noises. 

Note : Will want to write on how I define "UPTREND"

TEH

To trade well : FOCUS

 11am ... one of the MOST important aspect of trading : FOCUS. 

Noises and many other news could be distractions we do not need. WE NEED TO FOCUS on our charts and trade(plan and execute) accordingly. 

Take a look at my KPJ ... sold yesterday, currently new high and WASTED another RM1k profits, ok? I was DISTRACTED to buy something else running ... so, I took good profits in KPJ ... but now KPJ up much more and I hv lost my FOCUS in her ... I could be selling the one I took yesterday and buyback KPJ higher ... I DO NOT CHASE up stocks. 

KPJ : new high .. RM2.45 now ... check my entry there , breakout. 

FOCUS is simple?

Nope ... we have to get rid of ALL distractions, if possible. Example ...news, watsapp groups, forums etc ... I don't bother on all those, I don't even check my message, handphone in morning ... but I could be distracted by STOCKS.

Example : I just saw AZAMJAYA diving 8% ... and took it to trade. haha. It is a distraction as I hv many more in hands ... and it could take away a piece of my brain!! 

Recent distractions were HTPADU, AZAMJAYA, BAHVEST ... that is how I lost focus and lose in my trades!!

Remember ... stay FOCUS on our OWN trades. Easier said than done.

TEH

Sector Watch : Financial Service

 11.50am ... adding banking stocks into my portfolio and taken profits in KPJ. KPJ at new high RM2.33 at the moment. 

FOCUS. 

CIMB hourly : pullback 

BANKING. 

TEH

Stock Watch : CIMB

 8.25 pm ... awaiting BREAKOUT ... and another surge in banking-stocks. 

 

CIMB : buy on breakout. wait.

TEH

Breakout : Spritzer (code 7103)

 Sunday noon .... drink more water, ya. 

so the stock breakout last week. 

Spritzer : uptrend, breakout = buy and hold it up. No question needed. 

TEH

UPTREND stocks : Ecoworld, Karex and Magni

 4.55pm ... raining. Checking on charts, focusing on UPTRENDING stocks to BUY on breakout next week. 

Ecoworld : the well-known popular stocks among KLSE's retailers ... UPTREND = buy to hold it up ... no opinions needed. No need talk about their debts ... or new projects etc ... MARKETS will work it ways ... to profit in markets ... buy UPTREND and just keep our opinions to ourselves as we are not right most of the time, anyway. 

See charts ... uptrend. BREAKOUT = buy. 

Karex : breakout two weeks ago ... I didn't check and missed. After breakout, it went higher despite market sentiments not good. We do not care if these erection could last long enough ... buy breakout. put a trailing stop ... hold it up. Take profits ..move on to NEXT breakout ... as I missed the breakout, I wont be chasing ... 

no worry ... we still have MANY breakouts or pending breakouts. JUST check on charts. 

Magni : bosses inside buying ... QR out soon in Dec ... uptrend. BUY ... breakout = BUY. Period. 

which one would I be taking next week? 

Treat me coffee, I share with u :P

TEH

Crashed : KESM (code 9334)

 Morning ... checking on KESM this morning as I m 'impressed' with the way it's crashing ... it is cheap to buy?

KESM : based on the monthly chart (since listed) ... RM2 or below would be good entry!! Current price is RM3.68 ... so ... we shall check again if we could see RM3. 

KESM weekly : RSI below 20, good but not time to buy yet. Recently QR out ... bad. Losing money!!

site : KESM Industries Berhad 

Check these quarterlies ya ... could they sustain to be LOSING so much? WHY? OSAT not doing well? How about Inari or Unisem doing? MPI and Gtronic? Are they losing money too? hmmm...

OSAT : Outsourced semiconductor assembly and test services is the industry term for the provision of specialist manufacturing and testing services to semiconductor businesses. To assemble, package, and test integrated circuits (ICs) and other semiconductor devices, semiconductor manufacturers employ OSAT companies.

Here the list vs 'peers' ...leaders are MPI and Inari. Taken from "isaham". 

link : iSaham Stock Screener 

note : I do not have interest to trade DOWN-TRENDING stocks. This post is for my own checking if KESM is cheap enough for me to buy-hold ..

crash is a BUY but check the fundamentals. WHY it crashed so much?

TEH

Update : AGMO broken support

 10pm ... just saw AGMO broken support and updating it here since I wrote about it (as the watsapp group talked about her ... and I said : AVOID la)

https://cpteh23.blogspot.com/2024/11/stock-watch-agmo-code-0258.html

AGMO ... lets the chart do the talking. 

TEH

New High : HAWK (code : 0320)

 morning ... 6am .. working ... trading is working, checking charts, seeking opportunities in charts and potential stocks to trade, with the confidence to profit. 

checking NEW HIGH ... and saw the stock I sold recently when up to new high, up 20% plus in a single day two days ago ... so, put into list to buy on pullback. 

HAWK : breakout of 39 cents . buying NEW HIGH = trade breakout. 

As I do not have positions ... I see it as potential to take a trade BUT trading is risky ... we need to put a cutloss level so that we could get out instead of stuck our funds in... and move on. 

TEH

Stock Watch : OFB

 noon ... I like seafood ... so, I check Ocean-Fresh ... as I like fresh -seafood. haha. 

OFB : IPO at 28cents, opening-IPO gap up crazily to sell to those rushed in ... and let them stuck ... sell ... and accumulate ... now at stage-2 : mark up stage ... buy at own risk. 

TEH

Stock Watch : HengYuan

 morning ... 11.20am : KLCI red red at 1595 ... critically if going below 1590 zzz add SHORT ..

As I RISK-OFF with small positions here and there, I hv not much interest to add more. 

WAIT ... 

Lets take a look at the weekly candle. Nice set-up?

TEH

Stock Watch : Sunway at new high

 10am ... sold some Sunway for profits ... holding some and selling all the way up. 

Sunway BREAKOUT higher ... now above RM4.80. See chart, uptrend, ride it up for trend followers. 

note : trade at own risk as I m trading it up, not buy-hold. 

TEH

Breakout New High : Sunway

 morning ... trading is a job. It is a biz ... that is why it is difficult and tedious. It is not for majority ... who can't work in many hours, under pressure ... that takes guts and sweat ... 

it is easy to say : Sunway is uptrend ... and I said that for months now. 

Did we profit from it? How are we doing in our trades? why?

Sunway : uptrend ... new high. So what u knew about it? SOOOO??

Did we average it up? hold till current level and still ride it up? Did we buy BIG BIG into her? Leverage with CWs? How ? Buying with using margin-accounts, to leverage it up and profit hugely?

EASIER SAID THAN DONE.

if those talk so much could do it, they WON'T need to talk ... and brag in forums or youtube. 

Recognise the challenges is important ... as we , the real traders ... struggling. Facing REALITY ... real challenges as we see it as doing BIZ ... losses ... winners ... getting new clients and sales ... buy low, sell high... taking loans and paying interests ... got slapped by markets. haha.

Welcome to my world ... treat me coffee. meet up. 

TEH

When we are wrong ...

 ... we have to admit it and jot it down. Remind ourselves to learn from mistakes. Accept that we do lose. 

Then ...

Should be a good book ... will check that out. 

TEH

Nasdaq : to go higher?

 morning ... MONDAY. what to expect today? I would have a class later in the noon ... then would be back to check markets before 5pm. 

the FRIDAY selldown in NASDAQ ... hopefully would affect the tech stocks in KLSE ... many near 52w low, and I m not going in yet ... with a hope of another 20-40% discount in coming months. 

then ... Santa-rally. yeah!!

Nasdaq futures weekly showing a bad red candle last week after hitting new high ... 

after the pullback ... I do believe NASDAQ or US markets in general would go to NEW HIGH ... Thanks, Trump. 

so, ride the tide up ... and BUY THE DIP. haha. good luck. 

TEH

Sector Watch : Technology

 AVOID downtrending sector ...

Step 1 : check the sector index (weekly chart)

Step 2 : check the leaders (INARI)

If both DOWNTRENDING, don't bother to check to trade tech-stocks , unless we are buying for TECHNICAL REBOUND and sell for profits if rebound (if not, cutloss ...get the hell out la). 

INARI : the recent rebound ... then failed to follow-thru and diving down back below ... avoid.

So ... sound simple but do realise that 60-80% out there DO NOT understand basic of trading ... and get stuck. 

One tip : DO NOT PUT YOUR OPINIONS on any stocks when you are trading. SEE CHARTS. 

TEH

Stock Watch : AGMO (code 0258)

 morning ... it is SUNDAY. As I risk off last week, saw US markets down on Friday ... and check if I could have sales this week to buy in ...

https://cpteh23.blogspot.com/2024/11/klse-sell-on-rebound.html

AGMO : there is some interest shown in the watsapp group on this one ... but as I mentioned to them, I DO NOT buy stocks with the down arrow (see chart ...click on it to enlarge). I traded AGMO before when it was uptrending (see arrow). 

Currently AGMO at critical 55 cents support ... critical as next week bearish-markets in tech (NASDAQ down a lot more ya) could see it break the support and rebound fails ... see you around 40cents. 

I prefer uptrending stocks ... as traders, we do not have opinions, we have charts. CHARTS showing UPTREND ... trade it up. 

TREND IS YOUR FRIEND. 

Do not hold on to downtrending stocks as that is purely HOPING it would recover ...

and funds stuck up there ... it is opportunity cost. 

TEH

KLSE : Sell on rebound

 KLCI hanging at 1600 ... well, decided to clear my positions as I see limited upside from here ... wait lower ... and selldown again to buy. 

KLCI : descending ... once 1590 breaks, panic selling might seep in ... 

RISK OFF

TEH

Stock Watch : SDG (Sime-Plantation)

 Plantation stocks pullback yesterday ... so, u missed the plantation-boat? Nah ... the boats are back ... will u board ?

SDG weekly a shooting star means ... by tmr if we don't close higher ... we could see pullback next week for us to BUY in. 

It is NOT easy to buy breakouts ... as stocks do not go vertically up ... it will swing up-down-up-down ...eventually going higher ... holding for months? 

KMLoong ... I sold YESTERDAY after holding for 8 months?!! Will write that later ...

TEH

FeyTech : New IPO, New Low

 6.45pm ... morning ... recording here ONE of the many IPOs that at NEW low ... 

while many yelling on the IPOs-mania ... we do see many crashing much lower from the opening ... as many jumped up from the IPO's price in the first day of opening ... but over some period of time ...somehow, many crashing to new low ...and many lower that their IPO-prices!!

Feytech : IPO priced at 80cents ... opening week jumped to RM1.20 ...yesterday hit new low at 54.5 cents. so, where do we buy ...say FEYTECH?

question should be : WHY FEYTECH diving so much? Why do we want to buy her?

will it ever recover to ... the IPO level of 80cents. Bear in mind, most IPOs are priced at HIGHER end of the valuations by the under-writers. 

Feytech Holdings, a public company based in Malaysia, operates through subsidiaries including Gosford Malaysia, Feytech SB, Trimex Malaysia, Gosford Singapore, and Trimex Australia. Specializing in automotive manufacturing, Feytech produces seat covers, interior part covers, and fully-assembled seats, predominantly serving Original Equipment Manufacturers (OEMs). Key markets are in Malaysia, Singapore, Australia, New Zealand, the US, and the Netherlands, with 97% of its 2023 revenue from Malaysia. Their products cater to both the OEM and after-market segments, involving a network of automotive part suppliers and distributors.

By AM-Invest

Maintain BUY on Feytech Holdings (Feytech) with an unchanged fair value of RM1.32/share based on FY25F PE of 15x, on par with our KLCI target.

Read the biz-model ... it is NOT tech company ya ... 

Note : I do not buy auto-related stocks.

so, buy at 50 cents and hold to RM1? how?

TEH

MPI : When do we buy stocks?

 8am ... it is an interesting question YET NOT MANY want to face it ... they said : buy good stocks. But they do not well-defined the term "GOOD stocks".

They said BUY when everyone is FEARFUL. How many of them actually do that?

MPI : give this as an example as I do not have position inside any tech-stocks which I said exit some weeks ago ..or is it months now?

When do we buy MPI ...assuming YOU decided that MPI is a good stock. How it is a good stock, ARGUE all u want ...as if that would make u money, arguing. I m not interested in noises ... all I m interested ...

MPI hit new 52w low yesterday ...many more, FYI. 

is it a good stock fit to my criteria as good stocks?

it is time to buy now? why?

how much do I need to employ my capital for her? How long?

will it ever recover? 

WHY MPI and not 50 others tech-stocks?

These are questions ...basic in my mind before I even consider to do a trading plan to buy a stock!! 

It is RISK-REWARD issue ... it is capital appreciation issue and also TIME FRAME. 

We have limited FUNDS ..which one to buy at CURRENT ... so that we could PROFIT from our trades taken?

ASK such logical questions ... don't ask "CAN BUY OR NOT?" 

It is like asking ...can go there or not, and expecting others to know WHERE you want to go. 

note : I have no interest to BUY MPI as I have limited funds ... I hv many inside my head to BUY which I deemed as better risk-reward than MPI.

TEH

Motivation : Jim Rohn

 Morning ... stay positive when our portfolios are red ... stay positive in the negative world, that is important to be resilient. 

Listen to motivational clips ... 

https://youtu.be/9viDOaiECpQ?si=Wq9efgBMbDo0OGF6

So, to be physically well ... financially well ... mentally sane ... it is a MUST to stay positive!!

Have a nice day!! 

TEH

UPDATE : ABMB up 9%

 4.20am : morning ... slept early ...wake up early. 

ABMB : breakout yesterday ... up 8.9% ...and I missed that!! See if I could get some of her as I was focusing on 'plantation' yesterday ... 

BUT ... yesterday's BANKING STOCKS not doing well!! WHY ABMB up up?

Maybank upgrades Alliance Bank to 'buy', expects decent 2Q 

Well ... will wait for pullback?

TEH

Main Focus : Plantation stocks

 morning ... Monday. As traders ... I do look forward MONDAY ... unlike those working in office ...

So, today I will be checking on my plantation stocks ...only holding TWO stocks, and will grab another 1-2 stocks ...which one?

Plantation index : Breakout = buy. 

Recently I sold most of my plantation stocks due to RISK OFF ...the election RISK. As traders, we DO NOT want to get involved in the crazy gap down , crazy ... we can buyback HIGHER if we needed too. 

Simple ... traders DO NOT read news and we read charts. 

Breakout ... ok, buy in. ride it up. No opinions needed ... no need talk about SOY, MYR, EPF for employees ... etc etc. NO NEED be KPC, as I said. 

KPC = busybody in Penang Hokkien. haha. 

I sold THPlant at 69cents back then ... now I think it is above 70 cents, breakout = buy. 

Check later ...

TEH

Using Moving Average : MCement

 well ... here is another post on 'using moving average' ... to see the END of TREND ...

MCement : As we can see ... it is trading below 20MA weekly now, means it is a DOWNTREND stocks, as as traders ... we exited and deleted from our trading list and look somewhere else ... but but ... unless we want to trade 'technical rebound', we need to wait for oversold and sharp down for that potential sharp rebound. 

Nevertheless, it is a down-trending ...the best is to AVOID ..technically speaking. 

This is just for education purposes ... trade at own risk. 

TEH

Uptrending stock : KMLOONG

 Charts do not lie ...that is what they said and I do believe that. CHARTS ... not humans. Humans lie, unfortunately ... and youtubers etc etc all all talkers ... talkers mostly are liars, too. 

KMLOONG : I have been holding this one since CNY24 ... go to my FB's post and previous posts on KMLoong ... or plantation. I even had an e-meeting explaining WHY WE NEED TO BUY KMLOONG ... my best trade as I m heavy inside. 

Now, as PLANTATION stocks becoming focus of MANY ... I will ride her up till MOST want to buy plantation stocks and SELL in stages ... my fav stock of 2024. 

KIM = GOLD

LOONG = Dragon 

in the year of Dragon. I joked. But most not listening ... never mind, we can't help. But I must help myself, putting the money there ...walk the talk. 

TEH

Using Moving Average : ABMB

 Learning Corner : Moving Averages - weekly (10-20MA)

noon ... sharing a little on MOVING AVERAGEs. To learn that is simple : EMA or SMA ..it doesn't matter if you are new ... I m still using SMA tho I do know EMA more sensitive towards recent price-movements. 

ABMB weekly : here the blue-line is 10MA ...weekly. it is a very strong support as we could see the chart moving along that ... keep it till 20MA broken ..the red line. 

Say we were LATE ... arrhh ... i missed the lower level ... then we CAN STILL buying it NOW ..and ride it up, especially it is NEAR the blue-10MA line as that acts as a support with risk is ..cutloss BELOW the red line. Ride it up means ... no sell. 

Sound simple ? 

because it is simple but VERY DIFFICULT to carry out due to our EMOTION and NOISES around...

PATIENCE ... GRIT ... those are the difficult level. 

note : I do not have position in ABMB but might consider if I hv 'extra' funds ... currently caught up with MANY stocks as they diving sharply, and I got greedy on those. 

TEH

Breakout : SUNWAY

 4pm ... SUNWAY ... I bought today. holding ... gogogo.

1.40pm the next day (today) : Sunway still uptrending ... 

Sunway hourly : Need to close to NEW HIGH ...gogogo ...

TEH

TRUMP the President

 Like him or not, u need to respect his energy ... his tactics ... and his will-power to win!! 

BTC breakout , USD74k ... TESLA jumps as Elon-Musk his fav supporter ... as Trump would pose high tariffs on China-products, especially China-EV car ... which would help Tesla to survive for another 4yrs, under the KING-TRUMP. Hail the king ...oppss ... ok ok ... 

note : I bet on Kamala to win ... so, I lost my bets. ouch. 

Harta : next resistance RM3.50 but i sold YESTERDAY ... RISK OFF and stay in cash ...today , gloves celebrating Trump's victory!! 

What is next? What to buy? hmm ..

note : done four day-trades well today due to bullish sentiments. 

TEH

Maybank IB : stay defensive

 morning ... trump is leading VERY FAR AHEAD at the moment. TRUMP is fav to win ... will that crash the China-markets as he would impose tariffs etc ?

Here are some of the 'defensive' stocks suggested by Maybank IB ... do u agree?

note : I m RISK OFF. so, I watch the movie ... US is playing now.

TEH

Stock of the day : Gamuda

 early in the morning, opening ... it gap up ... up around 8% ...managed to sell for some good profits but as it pullback, I bought back larger and now stuck inside ... waiting for recover after lunch?

RISK OFF. So, I sold and holding CASH ... tmr diving down or this week diving = opportunity to buy back in. 

Gamuda hourly : to show this morning gap up above RM9 and now pullback. 

Trade at own risk.

TEH