Looks like bearish reversal - good candlestick formation today but need confirmation next 2 days.

If really bearish reversal, should break 27sen easily with major resistance at 30sen. Any retracement from 30sen will be to 27sen (support)and on rebound , if it can breach 27sen, the next major resistance will be at 36sen.

fortunebullz - If it can run like OCK, price should double from here ie TP 48sen-mother & 30sen-WB.

Everybody here can appreciate that you know how to spot a winner!!

Have to see 2moro's play to see if it is technical rebound only.

Looks like tough going - a lot of stale bulls in both mother and son.

Yes, madiba. Still a good show 2day for the mother and WA. Trust the show continues 2moro!!!

kheng - any news link on the PP exercise? thanks

pzul - ya, heavy profit taking at 23.5sen. if show still continues, then 24sen should be taken out today

Yes, as usual, watch for ping pong show starting at 4pm

Tripaka - that's very optimistic. but of course hope it's true as it will meet madiba's TP very quickly!!!

Thanks bro. Hit and run then!!!

fortunebullz - should we be looking at the mother or WB?

fortunebullz - where got fat beer promoters, cannot cari makan. most of them well endowed, somemore short short skirt. but thanks for your advice - this stock only for traders, then

pzul - I think WA may close at 25sen today

fortunebullz is here - another RM1.00 counter coming (just joking, bro.)

Bro., please share your insight on this counter and what you think can be the TP

pzul - Everybody here also small trader, lah! big trader no need to hang around in Social Forum. Good to hear you bought early and still holding.

My observation is that the operators are still in collection mode. Support is at 32sen-mother and 23sen-WA

OngLiao99 - just joking only, lah! but I think they are ready to play XDL as it is rock bottom. any lower, they might as well give the shares away.

ah pzul is here again. should be good for the WA as pzul is a good warrants trader

OngLiao99 - Ships and planes massing in the area where pings were detected. Anytime now, MH370 will be raised and XDL will fly!!!!

I think a lot of traders believe so. WA now moving again

If mother breaks 32sen with volume, 1st TP is 38.5sen - see matrixcool.

WA may reach28/29sen

koik88 - If you trade, should go commando

Now trading Mpay - it should be in play with TP 38sen, as highlighted by matrixcool

CT - thanks for your reply

thanks, madiba, for the heads up!!

seems to be a lot more interest now, which means the stock is ready to move!!! but hopefully not a one day show.

looks like wangge hit it right on the dot!!!

City Trader - inari seems to be consolidating with buying support around 2.75. do you see another leg up soon? thanks

Support is between 23 to 24sen. Positive only if metronic continues buying and it rebounds off 23sen. Otherwise GG

City Trader - thanks for the heads up

Good morning everybody especially hepitrade.

Bro NewMan: hope your name is actually Paul, then cool - Paul newman was one of my favorite actors

zu/psd57 - bro NewMan mentioned KNM earlier. how do you see trading for this counter this 2 days? possible for trading play? th
anks

Some buying interest today. Another one day show perhaps in 2 days time!!

labi - this type of trend means get out and switch, leh!! stock still bottoming and will be at this price for a long time.

madiba should win the fun bet without breaking a sweat - announcement is positive and Mpay is moving again

It appears that 1288KSH is correct ie leave XDL alone - a lot of other counters in the same price range as XDL are shooting today. Anyone who decided to switch counter from XDL would have certainly recovered most their capital. Cheerio!!

Overall volume in mother and WA not considered high. Also big volume of supporting bids at 30-mother/20-WA. Hard to say if it is collecting or selling.

Looks like this counter can trade only when reversal is clearer. Meantime, assume it is bottoming.

Clj Jun - your advice to key in WA to sell at 6 to 6.5sen is pretty sound ie wait for the operators if they really want to play.

Sharks cannot keep playing down continuously. Technicals look ready for rebound. Let's see if bulltraps or what.

I think it's starting to rebound. WA & WB should be in play soon

leslieroycarter - Stocks such as these cannot be analyzed like an FA stock. It is trading at a high PE ratio on expectations of better earnings.

Right now, it appears to be on an uptrend but as it is heavily traded these past week or so, it pays to watch the technicals.

If it closes positive today, it will negate Friday's black candle. Just have to watch today's trade.

hepitrade - this is a happy ship and hope it remains so.

If bro mike will still post, then that is wonderful news.

However, to avoid any flak, he can just say "look at this counter..., no need for entry or TPs". Any forumners here who are interested will then have to do their own homework and decide for themselves whether they want to take a position.

His advice on FA stocks is more than great and as these are for longer term play, forumners here should not have any problems with that.

Technicals show that the counter appears to be bottoming - I think can touch 23sen before it turns. 1st major resistance at 30sen and 2nd major resistance at 36sen. Note that 50dma is at 33sen.

If it breaks 23sen, then it is sayonara and like kheng said, may reach historical low of 17sen.

Note: Trade at your own risk - this is not a buy or sell call, just my personal opinion.

Cweed - read madiba's postings on the counter and decide for yourself if you should buy this counter.

My personal opinion is that Monday may not be a good day for Mpay as DJ and S&O fell 0.96% 1.25% respectively. On top of the falls in the US markets Friday night, keep in mind that Monday is T+4 for the high volume buying/price spike on Tuesday 1 April. Furthermore, a lot of buying last Wednesday and Thursday between 29.5 to 31sen. Black hammer (hanging man)candlestick on Friday's close requires caution next week.

Always remember invest or trade at one's own risk. This is not a buy/sell call.

All here would agree that bro mike has been more than helpful. meena and psd57 already advised many times that one must also do homework before taking a position ie don't follow if one cannot monitor constantly.

If you read bro mike's postings carefully, you will note that he is talking about daytrades ie in and out within the day.

He has also given numerous tips on FA stocks to those who should not daytrade - I think most of those FA stocks have gone up considerably. The good thing is that he also advises on a timely exit even for FA stocks.

So, it is still caveat emptor - trade at one's own risk.

ahnge2000 - my personal opinion is that this stock is in collection mode bcos of upcoming potential projects. not yet in goreng mode unlike dsonic which is "over-gorenged"

Mother should close 24sen to mark the significance of today.

When you compare this to what is happening to dsonic today, the drop is insignificant

leslieroycarter - dun worry, your comments are quite in order. but like madiba said earlier, will be difficult to collect at 27.5sen. now already 4pm and selling is not considered heavy

sephiroth - a lot of buying done at 98sen. let's see if buying momentum can sustain these 2 days (2day & Mon). this counter really moves at snail pace

Yun Hin Chong - then please share your insight so that we may learn. Thanking you in advance.