swingtrader-yes, agree with you. Chart is still chart, need to factor in other components.

psd57/changlk03-again, be careful with KNM.

changlk03-it's okay. Take your time to do the filtering. Tomorrow is okay. :)

psd57-KNM today touched 0.62 and bounce up. IMO, immediate support is at 0.585/0.59. Indicators still do not show any strong reversal sign. 0.585 might be a good try. Just be careful with KNM, RAPID program is delayed again right?

changlk03-yeap. 2 standard deviation below SMA20. In other word, the lower bollinger band.

psd57-Okay, will do that for you later.

zu1967-It should deserve a rebound, purely based on analysis. But I am not so confident to buy in too. It's okay bro, follow mike sifu's advise. Hold on first.

changkl-Are you able to filter those stocks, which their closing price are at 2.0 standard deviation below SMA20?

THHE breaks below SMA20 this morning upon the bad financial result released on Friday. SMA20 support @ 0.945 is no longer valid now. Even 0.92 no longer holds. Not trying to scared you guys, but if for the coming days, if it can't hold above 0.905. I'm afraid it might retreat back to 0.86/0.87.

Purely my point of view. I might be wrong.

psd57-thanks for the analysis. I will hold on with my cash first and waiting for good time to re-enter again. Because right now too much negative external factors, I guess. Just trying to reduce my risk exposure for the time being.

psd57-BRAHIMS I just sold to lock in some profit first. Will wait end of the day to pick up some discount, hopefully.

changlk03-not sure.
IMO, for LUSTER to go above 0.13, it's tricky as it needs to clear at least RM20M orderbook. Just closely monitor how it moves.

koik88-don't average down luster first. Hold on to what you have. Right now it's kind of risky.

zu1967-nope. Staying @ sideline right now.

psd57-Guess you have caught DSONIC @ 3.50? Congrats

Wow DAYA making a U-turn?

I am still holding LUSTER.

Wondering whether LUSTER is able to hold the pressure or not. 0.125/0.12 strongholds buying support have been breached.

Monitor THHEAVY.

Wow just off my eyes from VITROX for few days and it dropped so much, even went outside of the band. It wiped off the gain since the beginning of 2014. Lower wick is about 80% from high to low, it's a hammer, supported with high daily volume. The chance of reversal is high. Hopefully, it will rebound on Monday.

meena - Better don't touch AAX first as I believe market might remain weak for the coming days. Overall, it's still a downtrend stock. Though stochastic %K is crossing %D, and RSI is oversold, PLUS formed a doji with relatively higher volume compared to average daily volume, it MIGHT have a technical rebound. But, the risk outweighs the reward.

Just my two cent.

Gji-Check for psd57 previous post. Wait on Monday opening and see how it performs.

CharTrader-you are CT a? Haha

DAYA today closing at 0.405. Expecting to go below 0.40. Breaking below 0.395 is bad.

psd57-okay bro. I am not very confident to say it will move on Monday now, especially in current period. But mostly it's a reversal sign, so should be okay. Haha.

JETSON financial report is terrible, but today up up up. Lol. HEVEA, LATITUD, good financial all kena pull down. SALCON also gone case. Haha.

hepitrade-for the chart, it's very unlikely that DAYA will have rebound soon. As long as it doesn't gap down on Monday, I will be very happy already. Same goes to THHEAVY and LUSTER.

Even my only BRAHIMS...which is earning right now...also kena diluted share price on Monday due to additional listing. Hahaha.

All the O&G related counters are mostly down for the past few days, short term hot stocks can't maintain the heat too. Don't have to be feeling down or sad. xbotzz is right, just learn how to hunt for this period. Stocks don't go up forever, and they don't go down forever too :)

Gonna reshuffle my portfolio after Monday. Cut all losses and get into some discounted fundamental stocks. :)

psd57 - previously posted:

MKH today formed a doji. Might be a bearish reversal sign. Need to be confirmed on Monday. Indicators still do not show any buying signal.

Immediate resistance should be around 3.76. Resistance at 4.12 followed by 4.2.

MKH today formed a doji. Might be a bearish reversal sign. Need to be confirmed on Monday. Indicators still do not show any buying signal.

Immediate resistance should be around 3.76. Resistance at 4.12 followed by 4.2.

Same for DAYA

http://www.bursamalaysia.com/market/listed-companies/list-of-companies/plc-profile.html?stock_code=0091

Negative profit for 4th quarter.....

Mayday for THHEAVY

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1555181

4th quarter achieved negative profit....

psd57-Thanks for that. Aiya I just bought yesterday @ 2.30. And today close at 2.41. Wipe off the remaining profits :(

psd57-Can you help me to take a look at the following announcement?

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1554745

New listing for BRAHIMS...aiya, share price diluted like that lo. Take effect immediately on Monday?

psd57-yeap, LUSTER profit dropped drastically. Let's see how's the market sentiment on Monday and will take an action to LUSTER holdings again. Haha.

Lim-don't think too highly of BRAHIMS. Just go day by day first and see what's going to happen next.

zu1967-DAYA rebounding back to 44cent would take quite some time. Correction/consolidation usually takes about 10-14 days for DAYA. Not sure it would be the same this time or not.

Agree with zu1967. You can't focus too many pennies at one shot. Yea it's really painful. Take it as a lesson and trade cautiously.

This time, I am just taking away my last 2 months profits, only 3 figures profit. Still okay for me. Learn quite many stuffs trading pennies.

pop8872-you played on margin or by cash upfront? Feeling sorry to you as you loss so much.

Not sure how LUSTER will react to the financial report on Monday. If it drops below 0.12 I will not hesitate to cut it as it will continue to tumble deeper.

AT - jual rambutan tak best la. Sikalang orang jual ayam kat pasar lagi untung haha

BRAHIMS Quarterly rpt on consolidated results for the financial period ended 31/12/2013

EPS 10.20 cent. Profit before tax for fy13 increased by 680% compared to previous financial year!

Correct me if I am wrong in the calculation.

sifu mike, I see. Those who are still holding SALCON, try to cut loss if Monday is bleding.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1553377

LUSTER doesn't do good....

Anyone still holding SALCON? Just saw an announcement in Bursa

PROPOSED DISPOSALS OF THE ENTIRE EQUITY INTERESTS HELD IN THE FOLLOWING: (I) SALCON FUJIAN (HK) LIMITED (II) SALCON ZHEJIANG (HK) LIMITED (III) SALCON LINYI (HK) LIMITED (IV) SALCON SHANDONG (HK) LIMITED

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1553549

A good news for SALCON.

Based on KNM, no strong reversal sign yet. It's really too late to cut now. Have to hold for some time. Hopefully financial report is doing good today.

MKH should form a doji today with long lower shadow. Confirmation of bearish reversal sign?

yea congrats psd57. Me still slowly healing from BRAHIMS..

lollipopz-bollinger band...every chart software should have the option to add right? I usually use ChartNexus only. I am just predicting by the time IRIS back to that price, should be close to lower band.

hepitrade-KNM back to 0.66 again.

Okay prof hepitrade hehe

Wow IRIS...

changlk03-oh okay, no problem.

Oh...what i mean by lower band is the lower bollinger band. By that time iris falls to that price, should be quite close to the lower band.

DSONIC went crazy....lol

fooksing-0.25cent is equivalent to RM0.0025. You got 100 lots, they only give you RM25?? Lol.