MULPHA, TDM

KLCI ended down 1% at 1057.23 from intraday high of 1065.33 in heavy volume of 1.04 billion shares with losers outnumbering gainers almost 4-to-1; bargain hunting on blue chips and strong quarterly results from MAS may help KLCI reverse some losses tomorrow, possibly retest psychological resistance at 1060. Weak Asian markets, following sharp declines in U.S. stocks overnight, weighed on the market. The pullback has been long overdue after almost three weeks of strong gains. Host of penny stocks, small caps posted double digit losses in percentage terms as retail players locked-in profits and stayed on sidelines.

Watch the Dow Jones for a rebound.

KLCI
Immediate Support 1,055. Strong Support at 1,040.



For 28 NOV KLCI closed at 1,057.2300.
Overall, the bias in prices is: Upwards.
The projected upper bound is: 1,074.27.
The projected lower bound is: 1,044.20.
The projected closing price is: 1,059.23.


MULPHA
Still Strong Uptrend. Best Buy at 1.38/1.39. CUT LOSS 1.34



For 28 NOV the closing price was 1.4200.
Overall, the bias in prices is: Upwards.
The projected upper bound is: 1.49.
The projected lower bound is: 1.36.


TDM
Testing resistance 1.00/1.04. Possible Target 1.12/1.17. Hit & Run. CUT LOSS 0.95.



For 28 NOV the closing price was 0.9950.
Overall, the bias in prices is: Upwards.
The projected upper bound is: 1.05.
The projected lower bound is: 0.95.

STILL GOT THE TOMYAM SHOPPING LIST