Malaysia Ichimoku Stock Trade of the Week : 6888-KLS Axiata Group Berhad 9-7-2012

On 9-5-21-2012, we received a 4 time frame buy alert on 6888-KLS, Axiata Group Berhad for the Malaysia Stock market. The email is shown below:

The chart is shown below. The entry was 6.13, initial risk of 6.11 and a preserve mode value of 6.22. This is a min. reward of 0.09 and a max risk of 0.02. This is a 4:1 reward/risk i.e. 450% profit.

We got stopped out of this trade for a LOSS.

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About the Author Manesh Patel