DocTS Stock Update

The pick of these stocks are Hiapteck & Sime Engineering. I will sell Dreamgate & Jotech and hold ACPI & Utama.

ACPI - is still ok but looks like we will see more sideways movement than bullish moves up. Prices barely below the 7 & 14-day MAV & the 7-day MAV has crossed below the 14-day MAV, all signs of weakness. But its still in the upper BB channel & DMI, ADX & MACDH are still ok. HOLD.


Dreamgate - is getting weaker. Prices have fallen below the 7 & 14-day MAV, MACDH, DMI & ADX are all flat. There is no strength in the bullish moves. It is still not yet negative but I don't see strong bullish moves, so I would sell because I can reinvest in some better stocks. SELL


Hiapteck - still looks very good. Correction supported at the resistance turned support at 1.00. All indicators still very positive. The rise should continue after selling pressure has been absorbed. BUY


Jotech - like I mentioned before is weak. The one day rise on Thursday did not have any follow thru, as it fell slightly on Friday. Jotech is no longer within my preferred parameters for DocTS. I will not write on this stock again (unless things change significantly to the upside) as I have sold out & recommended the sell a few days ago. The chart indicating weak indicators is given below. SELL


Sime Engineering - moving very nicely & riding the upper BB line. All indicators are positive & looking better. MACDH is positive, DMI is good & ADX is getting stronger indicating the upside move is very much intact. A breakout of the 1.51 resistance will be very bullish. BUY


Utama - it is still stable & within all the parameters of the DocTS indicators. No change to the bullish position. RHB is slightly weaker but also still within parameters. No sell signals for either, still hold for its upmove. Resistances remain at 1.23 for Utama. HOLD.