Malaysia Stock Ichimoku Trade of the Week (30-9-2013) 3476-KLS KECK SENG BERHAD

On 30-9-2013, we received a 3TF email alert for the Malaysia Stock Keck Seng Berhad.

Below is the email:

 

 

 

 

 

 

 

 

 

We were looking at a breakout trade. Our entry is at $5.86, initial stop at $5.62 and preserve mode level at $6.10. If we could reach the preserve mode, it will be a reward risk ratio of 100%. The breakout entry was triggered on 1-10-2013 and the stop on entry was at $5.68. We reached our preserve mode level and started protecting our profits. We eventually got stopped out at $6.03. This trade gave a final reward risk ratio of 94%.

Below is the chart:

 

 

 

 

 

 

 

 

 

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About the Author Maneshkumar Patel