Talking Stock With The Doc

This Blog has been created for the purpose of sharing my ideas on investing on Bursa Malaysia using Technical Analysis. Stock market investing is a science & TA a scientific tool used by investment professionals. TA also has its sceptics but this is an oportunity for you to follow TA based investing ideas. So welcome to my blog and may you "Live Long And Prosper".

Sunday, July 09, 2006

Update on 2 BIG Winners - Tebrau & ILB

On 3 July I recommended 2 stocks Tebrau Teguh & ILB. Both are big winners.

When I recommended Tebrau it had just broken out of a Flag & the next day Tuesday it opened at 0.42. It closed Friday at 0.615 giving a gain of 0.195 or a massive 46% in just 4 days. If you had bought this stock well done & hold on to it because it has not given a sell signal yet.

ILB had also broken a very strong resistance at 2.00 & it opened at 2.10 on Tuesday & closed at 2.30 on Friday giving a gain of 0.20 or 9.5% in 4 days. Not as good as Tebrau but still a very solid gain. Hang on to it as it still has not given a sell signal either. If you had bought the warrant, it opened at 0.945 on Tuesday & closed at 1.17 on Friday giving a gain of 22.5 sen or 24%, pretty good for 4 days trade. Like the mother share hold on to this one too.

Including Time, I made 3 recommendations & we had 3 winners. Not bad at all. Lets see if RHB, Versatile & MTD Infra are just as good, though they should only be bought on the breakout as recommended.

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