AGLOBAL slowly moving up

TA outlook for AGLOBAL trending up. I have been holding this stocks for months and positively looking for great return. Keep asking myself to be patient and wait for the time to clear all... this stock should move up very soon...

US Dollar strengthen

The recent pace of the decline in the Dollar has been giving traders a clue that sentiment may be shifting. December Gold is trading lower because of the stronger Dollar. Now, looking for pressure to remain on January Crude Oil.

The stronger Dollar and weaker equity markets are helping to convince speculators to think about the short side of the market. The weak economy is expected to continue to help erode demand. This should increase supply which would be another bearish sign that lower prices are to follow.

KLSE quiet

KLSE has been moving sideway for few weeks after hitting the year high. Anyway, the index supposed to move downward now but it somehow still sustains above critical support line.

Investors are standing aside to watch up and cautions about the KLCI movement, as the chances for the index to move down side is high. There were not major correction since April, expect to happen soon or another around of uptrend to end the long run bullish.

Just to watch up and selectively pick a good stock to invest. Be caution and react accordingly to the market movement.

AGLOBAL

GLOSOFT has changed name to AGLOBAL (Ariantec GlOBAL). With Metronic Global acquired 96,657,750 shares at 0.10, I personally believe AGLOBAL still has room to move higher... I am still holding some shares.

However, KLCI in the correction phase finally, given chance to keep some good counters.

Stocks to watch

Many stocks has recovered the loss due to Dubai crisis. Below are the stocks need to watch up!

Kossan - TA looked good now, potential another uptrend rally.

Mudajya - I personally like this stock, similarly another uptrend rally formed.

Hiaptek, AFG...