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2014-09-23 14:42 | Report Abuse
pzul - Your fav counter = Ifcamsc
2014-09-23 14:42 | Report Abuse
pzul - Today focussing on Penta. Citytrader already said KTB will have another downleg: I would agree as it only managed a 0.37 retracement upto 47sen. Better wait together with bro zu1967 at platform 39.
Your fav counter will probably move up further in the afternoon - strong interest and support.
Mpay a bit susah, too many sellers - I think 1 to 2 sen trade only, so you will have to play volume. Berani tak?
2014-09-23 11:29 | Report Abuse
Bro chy72 - Not likely to rebound all the way to 53sen (0.53 cen is only half-sen, hehe) as it cannot even reach a 0.50 retracement.
Have to agree with Citytrader that it will be another downleg!!
2014-09-23 11:21 | Report Abuse
Citytrader - Are you saying that it is only a one-day technical rebound? It seems to have reached 47sen which means a 0.38 retracement - is it possible to reach 48.5sen for a 0.50 retracement? Doesn't look like it can close the gap-down level at 50.5sen.
If it falls again, can it possibly close the gap-up at 32.5sen - that's a really big drop??
2014-09-22 16:29 | Report Abuse
pzul - dun worry, we are not bullbear leh!
2014-09-22 16:09 | Report Abuse
All should thank bro lboonk79 for keeping the faith here.
2014-09-22 16:07 | Report Abuse
pzul - Hope you made in ifcamsc also. I'm out for 2 sen gain there. Dun forget sycal also.
MMSV for me is a medium term hold, haha!!
2014-09-22 15:30 | Report Abuse
Bro leslie - No more 45 to 46sen, all stale bulls out of the picture. Now, only raging bulls left all the way to 60sen (1st TP)
2014-09-22 15:26 | Report Abuse
pzul - ifcamsc break 43sen. Now start running, same time as mmsv
2014-09-22 13:51 | Report Abuse
tm932 - Perhaps for a quick trade :). I personally dun really like stocks with low buy/sell volumes.
2014-09-22 12:07 | Report Abuse
But seriously, bullbear777 is correct when he says that the contract won't make much of an impact to Iris' bottomline. Also, capital is required to run the project - another PP or RI for Iris??
2014-09-22 12:04 | Report Abuse
Jacky8926 - maybe it's a toy lamborghini??
2014-09-22 11:31 | Report Abuse
pzul - Aiyah, told you about mmsv several times already. But this one have to hold (contra only if you want to play for 1 to 2 sen) as it is being accumulated with a slow uptrend.
Based on revised earnings, TP could be anything from 60 to 80 sen (medium term).
2014-09-22 11:27 | Report Abuse
pzul - Bro zu1967 is correct, Iris has a strong resistance at 42.5/43.0. If it cannot break thru', it will resume its ABC correction. But Mpay looks more like a rebound play - the major shareholders are probably waiting at 19sen to buyback but they won't push the counter tho'.
Still have pmcorp as small quantity only. I think 2day can look at sycal to collect.
2014-09-22 10:54 | Report Abuse
According to kuya hawk, the i3 resident EW sifu, TP is 67sen. But that is provided that the counter recovers from today's selling.
2014-09-22 10:41 | Report Abuse
Well, bro optimus is absolutely correct in the opening price moves for KTB - so we shouldn't fault him. The correct strategy today was to buy when the counter was panic sold down (which he probably did, knowing that it will be played up again to give some confidence to all players).
I think bro psd57 will also be correct as the price will be slowly taken up again by the end of the day.
After all, all of us are entitled to our own opinions. Buy or sell really is at your own risk!!
2014-09-22 10:31 | Report Abuse
pzul - your pmcorp, play is back again
2014-09-22 09:54 | Report Abuse
Good strategy, bro zu1967!!!
2014-09-22 09:49 | Report Abuse
Ok bro zu1967 - followed you to sell iris just now.
2014-09-22 09:43 | Report Abuse
Bro zu1967 - Any info on catalysts for Mpay? Or do you think rebound from grossly oversold position? A bit risky, in my opinion.
2014-09-22 09:33 | Report Abuse
Bro zu1967 - still downtrending, can buy only when it turns with volume!!
2014-09-22 09:28 | Report Abuse
pzul - can still look at iris - a lot of people dun believe they got the TRS as there has been no official announcement.
2014-09-22 09:25 | Report Abuse
pzul - Good morning, sorry for late reply but was busy monitoring KTB. Just bot at 46 and now already above 50sen.
Regarding ifcamsc, wave-wise, it seems to be in ABC correction. It could not break 43sen with volume recently and if it casnnot do so these few days, then it will correct further. But then, if the GST theme plays again these few days, it can go into an extended wave 5.
Do take note that EMA10 appears to be crossing below the SMA20 line, so you will need to be alert. You can trade this counter tho' for 1 to 2 sen whenever there is a ullback towards 38 to 39 sen.
2014-09-20 22:38 | Report Abuse
Bro leslie - Let's see the candlesticks on T+2 and T+3. It does look like it will be a strong bull run this time especially if the bullish continuation trend is confirmed and when it breaks its intra-day high of 48sen.
We could be looking at a 1st TP of 60sen!!!
2014-09-20 22:33 | Report Abuse
I feel everyone is entitled to state his opinion as long as he/she does not run anybody down.
Anyway, bro psd57 has given a good explanation on the exercise. He's one of the FA sifus in i3.
Let's see what Monday brings!
2014-09-20 22:29 | Report Abuse
Bro ohkns - Monday should be a good day to load up should this counter remain green with volume.
2014-09-20 22:21 | Report Abuse
Bro zu1967 - I think need to see price movement this Monday which is T + 4 for high volume with a high of 45 sen done on 15 Sept.
So far, price is either above or at the EMA10 of 41.5sen. Candlesticks array show that it will be a bullish continuation if Monday's movement results in a solid green candle. A solid green candle will also turn all indicators positive. Wave-wise, could be W3SW3 (but only Kuya Hawk can tell).
2014-09-19 17:09 | Report Abuse
pzul - Don't forget to tip us on entry points for both Mpay and Iris since you are more familiar with these stocks. Thanking you in advance!!
2014-09-19 17:06 | Report Abuse
DreamM - looks like your bet is correct. Have to camp here from now to get more tips from you!!!
2014-09-19 16:58 | Report Abuse
Monies888 - Mpay fully sold down and will close unchanged. That's why I said earlier that the movement didn't look right.
2014-09-19 16:57 | Report Abuse
pzul - I'm sure you bought Iris. Just broke 40sen!!
2014-09-19 16:56 | Report Abuse
pzul - berani sikit, main 5000lot!!
2014-09-19 16:45 | Report Abuse
Monies888 - the movement for Mpay today didn't look right to me. Otherwise, I would have bought Mpay. So, at the moment, still looksee2.
2014-09-19 16:43 | Report Abuse
pzul - Dun get over-excited, so many other counters to play this time. U should have just bought ktb, ideal, mmsv etc when I told you. Then no need to keep looking at Mpay. By the way, Iris just broke 39.5 sen which was a huge roadblock.
2014-09-19 16:36 | Report Abuse
Monies888 - haha! R u sure they are also involved in TRS??!!
2014-09-19 16:30 | Report Abuse
At the moment, everyone is just speculating. That's why neither counter is shooting!!
2014-09-19 16:12 | Report Abuse
Bro Canonpreview - it's always good to hear from all sides, including DreamM, and not just the cheerleaders. Even bullbear777 (the messenger for madiba) also says it's Iris. So, the best thing to do is to assess your own risk appetite!!
2014-09-19 16:10 | Report Abuse
88et88: there is no GST collector
2014-09-19 16:09 | Report Abuse
DreamM said this evening and if not, then Monday. Iris I think has limited downside as the recent rise was also due to other news. However, Mpay is riskier ie if the announcement is negative, then the downside may be be big.
2014-09-19 16:02 | Report Abuse
pzul - Mpay's movement today doesn't look right! Let's see if DreamM is correct - we will all know by tonight.
2014-09-19 15:59 | Report Abuse
Haha! DreamM - if TRS news is positive and if Iris gets the contract, why would you sell when the announcement is made? Especially when Iris has already corrected from 60sen+.
2014-09-19 15:48 | Report Abuse
pzul - Real fear was the Scotland referendum but that has passed earlier today. Our market is in strong rebound so a lot of counters will be up next week.
2014-09-19 15:44 | Report Abuse
DreamM - dun foreget bullbear777 said he will sell all his Iris (based on madiba's advice) when the TRS announcement is made. Maybe the 39.5sen sellers is all his - so how to rocket up?
2014-09-19 15:39 | Report Abuse
Luckily, no upheaval from UK as Scots already said no to independence. If TRS announcement is made in favor of Iris this evening, I would agree 50sen also no problem.
2014-09-19 15:36 | Report Abuse
Wah! DreamM - got 7 figures, like that sure Lamborghini for you. Anyway, have to see if 39.5 sen can be taken out or not - if it breaks then sure rocket upwards.
2014-09-19 15:33 | Report Abuse
pzul - if DreamM is correct and the announcement is made this evening, then can expect heavy selling in Mpay
2014-09-19 15:31 | Report Abuse
DreamM - sure or not? Heavy selling at 39 and 39.5 sen, woh!
Stock: [MPAY]: MANAGEPAY SYSTEMS BERHAD
2014-09-23 14:44 | Report Abuse
pzul - mmsv may break 50sen today. Hope you bot some.