Unisem-5005: Remains in uptrend.
Chart1: Unisem-5005 (15/12/2009～14/04/2010)
As indicated by A, price of Unisem has been supported by the 14, 21, 31 EMA, and the uptrend remains intact. Meanwhile, it has broken above several new highs. As indicated by B, whenever price broke new high, volume increased significantly, which provide the required uptrend technical condition.
Currently, price of Unisem is testing the RM3.22 resistance level. If price should break above the RM3.22 level with strong volume, it would mark another new high, thus the 14, 21, 31 EMA shall continue serving as the dynamic support as well as the trailing stop reference.
In other words, provided that price of Unisem is still supported by the rising 14, 21, 31 EMA, investors can choose to hold, all the way until price should break below the 14, 21, 31 EMA, then, it would be a signal to take profit or the cut loss.
| 4 Q Rolling PER | 25.17 times | Dividend Yield | 0.83% |
| Dividend | Dividend Yield | Net Profit Ratio | |
| 31/12/2009 | 2.5 sen | 1.14% | 5.97% |
| 31/12/2008 | 2.5 sen | 3.57% | 1.61% |
| 31/12/2007 | 10 sen | 6.06% | 12.25% |
| 31/12/2006 | 10 sen | 6.06% | 10.38% |
| 31/12/2005 | 8 sen | 5.76% | 3.92% |
Table 1: Unisem, yearly dividend, dividend yield, and net profit ratio.
MKLand-8893：Might be forming a higher-low.
Chart 2: MKLand-8893 (15/12/2009～14/04/2010)
As shown on chart 2, price of MKLand broke above the RM0.37 resistance level, but due to profit taking activities, price of MKLand failed to stay above the RM0.37 level, and pulled back, breaking below the RM0.37 again. However, as indicated by A, price of MKLand managed to found its temporay support at the 14, 21, 31 EMA. This suggests that the 14, 21, 31 EMA is still serving as the dynamic support.
Meanwhile, as indicated by B, as price pulled back, volume declined, suggesting that the selling pressure was not huge, and technical, this is a healthy pullback.
If price should rebound from the 14, 21, 31 EMA, it would form another Higher-low, thus a good chance to resume its uptrend, and re-test the RM0.37 resistance line. But it has to be confirmed with a strong volume, then the 14, 21, 31 EMA shall continue serving as the dynamic support as well as the trailing stop reference. However, if price should break below the 14, 21, 31 EMA, it would be an up of the uptrend, thus a signal to cut loss. Next support is seen at RM0.32 level while the next resistance is found at RM0.46 level.
| 4 Q Rolling PER | 33.18 times | Dividend Yield | 0.00% |
| Dividend | Dividend Yield | Net Profit Ratio | |
| 30/06/2009 | 0 sen | 0% | 7.42% |
| 30/06/2008 | 0 sen | 0% | -41.02% |
| 30/06/2007 | 0 sen | 0% | 5.12% |
| 30/06/2006 | 1 sen | 1.49% | 11.57% |
| 30/06/2005 | 4 sen | 3.64% | 13.28% |
Table 2: MKLand-8893, yearly dividend, dividend yield, and net profit ratio.
Leader-4529 : Consolidation within an uptrend.
Chart 3:Leader-4529 (15/12/2009～14/04/2010)
After breaking above the Ascending Triangle, price of Leader has been consolidating for about two weeks, and currently preparing for its new movement. Technically, now is the time to use the Bollinger Bands to monitor its consolidation. This is because when the Bollinger Bands contracted for a certain period of time, the re-expansion signal is usually much clearer.
In other words, if the Bollinger Bands should re-expand, it would mark an end to the consolidation, and a beginning of a new movement. If price should stay above the Bollinger Middle Band, it would be a bullish signal, and the uptrend shall resume. If price should stay below the Bollinger Middle Band, it would be a bearish signal, thus a signal suggesting some profit taking.
As indicated by A, if price of Leader should stay above the Bollinger Middle Band, then, the 14, 21, 31 EMA shall continue serving as the dynamic support as well as the trailing stop reference. Next resistance for Leader is seen at RM1.05 level while the support is at RM1.00 psychological level.
| 4 Q Rolling PER | 27.87 times | Dividend Yield | 2.45% |
| Dividend | Dividend Yield | Net Profit Ratio | |
| 31/12/2009 | 2.5 sen | 2.72% | 0.64% |
| 31/12/2008 | 2.5 sen | 2.53% | 1.02% |
| 31/12/2007 | 4.5 sen | 1.20% | 4.94% |
| 31/12/2006 | 7.5 sen | 2.88% | 3.06% |
| 31/12/2005 | 4 sen | 5.76% | 2.68% |
Table 3: Leader, yearly dividend, dividend yield, and net profit ratio.
Conclusion:
As the broad market started its technical correction, many individual counters will have a similar correction. However, investor not to over-worry as a correction is needed after a rally. Provided one should know how to apply a trialing stop properly and know when to get out, the trading risk is pretty much controlled by individual.
Copyright © 2009 Straits Index (M) Sdn BhdImportant Disclaimer:These content provided by Straits Index (M) Sdn Bhd is solely for education and information purposes only, and do not suggest any investment advices. All information displayed are believed to be accurate and reliable. Interpretation of the data or analysis is at the reader's own risk. Straits Index (M) Sdn Bhd reserves the rights but obligations to update, admen, or even terminate the materials. 重要声明:以上的内容由海峡指数(马)私人有限公司提供,纯粹是教育性质, 并不是任何的投资忠告。所有资料显示认为是准确和可靠的。对数据或分析的解释和用途是在于用户自己的风险。海峡指数(马)有限公司持有保留及义务更新,甚 至终止材料的权利。
