Market registered record volumes on Thursday, which may not be a good thing. You will need record volume ++ on Friday and record volume +++ on Monday in order to take out the sellers. Having said that, the bull is not in danger of collapsing but rather it needs to consolidate and move up. I see a first target of 1,048. Hence we need to make doubly certain on entry levels for trades.
Next batch of rotational plays I like for a quick 20%, they are self explanatory:
TA long up to 1.03
TA-WB long up to 0.06
Affin long up to 1.77
Affin-WC up to 0.14
ECM long up to 0.66
HDBS long up to 1.45
Kenanga up to 0.68
OSK long up to 1.38
p/s photo: Nancy Wu Ding Yan
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