Which are the top 8 Malaysia's finest breed which will keep going up in 2018 with minimal risk and maximal upside?
8 January 2018, Monday, 1.58am Singapore Time
(Click on Technical Relativity Chart above to Enlarge)
Attached above is the Technicals of the Past Half-Year Trending Relativity of the commodity stocks in Malaysia. The FTSE ST Basic Materials Index is used for the bench-marking process and has been flattened to neutrality for the benchmarking. The litmus result yields the finest breed horse from among the soon to come cyclical upturn of commodity sector worldwide. In essence, we are obtaining the strongest horse and the strong horses that have at least 90% winning edge.
In the short-mid term going into 2018, Sino Hua-An and Heng Yuan came in as the cream of the crop. Hibiscus, Press Metal Aluminium Holdings, Malaysia Steel Works and Guan Chong Bhd make up the next layer of cream for the upcoming commodities cyclic boom. This is then followed by Southern Steel and Ann Joo Resources. The edge for these top 8 commodity stocks usually lasts long. They are generally performing far superior compared to the industry. The trend is likely to carry on in 2018 and 2019.
As these are the horses with the strongest legs and sufficiently high liquidity, all supports will be successfully absorbed by buy queues. They will have limited downside and maximal upside because the worldwide commodity sector's winter is to come to an end in 2018.
The Donovan Norfolk Technical Rating:
Bullish
Worldwide Commodity Sector's Cyclical Winter is to come to an official end now
Important Reference:
https://donovan-ang.blogspot.sg/2018/01/reuters-jefferies-crb-index-commodities.html
Previous Related Analyses:
https://donovan-ang.blogspot.sg/search/label/Hibiscus%20Petroleum
https://donovan-ang.blogspot.sg/search/label/SPDR%20S%26P%20Metals%20and%20Mining
https://donovan-ang.blogspot.sg/search/label/Steel
https://donovan-ang.blogspot.sg/search/label/Commodities
https://donovan-ang.blogspot.sg/search/label/Light%20Crude%20Oil
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