Monday, January 3, 2011

Attack IJMLand 4 Jan - 3 Pocket Theory

Based on my 3 pocket analysis,
On Monday, IJMPLNT peaked at RM3.15, warrant peaked at RM1.35.
Tuesday, IJM peaked at RM4.40, warrant peaked at RM2.80.  Heavy selling seen on 11am with high volume.  Big buyers are switching their funds by locking in the next IJM counter by afternoon.
Wednesday, IJMLand and Wa will fly in the the morning.



Afternoon Session, IJM seems experience mild rebound from heavy selling of fund switching.


Comments: -  IJMLand seems stable at 2.85, day trader profit take at late afternoon.  IJMLand warrant stabilizes at 1.58, IJMLand Wa should experience a boom from fund switching of IJMLand.

No comments:

Post a Comment