DocTS - Buy Jotech, Sime Eng, Utama, ACPI

Here are some stock recommendations based on my new trading strategy DocTS. BUT you must check it yourself & use your own judgement before making any trade. Never take my word for it, do your own homework.

1) Jotech - is starting to move positively. DMI crossed over on 22 Aug, ADX is now at 40, strong trend; MACDH crossed zero on 14 Sep; prices are above MAV & within BB upper channel, MAV short term are all above the long term, BB opening up bullishly. There is strong resistance at 1.23, so a breakout above 1.23 is the Buy signal.


2) Sime Engineering - is making its early move. DMI crossed over, ADX (28 pts) starting to move up, MACDH +ve, prices within upper BB channel & above all MAV. Only the 14 day MAV has yet to cross above the 20-day MAV (i.e. mid BB line). BB is widening positively. There is resistance at 1.52 but a break above this will lead it to new & strong highs. Fundamentally news flow has been very positive & if they do buy Ramunia it may be another KNM in the making, so this is a very good buy both Technically & fundamentally.


3) Utama has moved up strongly & confirmed its prior +ve signals. I believe this is just a start & it still has space to move up to a target of 1.37, a strong resistance. There is a possibility of a double top at the current level but all signals are bullish. A breakout above 1.25 is a possibility although a minor correction before the breakout is also possible. Any correction should be supported at 1.15.


4) ACPI - similar to Jotech, all indicators are positive. Only need to be careful of the strong resistance at 1.00. If breakout above 1.00 then it will rise to 1.25. It can be bought now but if 1.00 becomes a strong barrier & signals change then you should sell, so this is worth a punt because of its otherwise strong signals.