Followers
0
Following
0
Blog Posts
0
Threads
1,307
Blogs
Threads
Portfolio
Follower
Following
2013-07-31 14:59 | Report Abuse
tommy826 i cleared all my Benalec at a loss..Since i dont hold any more Benalec shares it is not fair for me to comment on this stock anymore here...
Thanks Zero and i wish you all good lucks.
For me as a trader i follow my own interpretation of the chart..I cut losses at times to protect my capital.
Hope to meet again at other stocks some other days..
I really wish this stock will rebound back and today is just trap to shake out traders like me..
Keep your finger crossed..
2013-07-31 12:21 | Report Abuse
I had cut all my losses on Benalec when it broke down from the Triangle today. :-( :-(
For those of you holding for long term investment i would like to wish you all good luck and it has been a pleasures to be with all of you here for Benalec..
2013-07-30 20:53 | Report Abuse
LonBisc is likely to trend higher in near future and provide some trading opportunities.
It is expected to re-test its immediate resistant of $0.76/$0.78. A break above $0.78 may see it try the next target of $0.86.
Immediate support at $0.715 with strong support at $0.70.
( I collected LonBisc at avearge price $0.715).
2013-07-30 20:47 | Report Abuse
GOB expected to test its immediate resistant at $0.86/$0.89.
A break above $0.89 may takes it to its previous high of $0.935.
Immediate suppost is at $0.82.
2013-07-30 20:44 | Report Abuse
You are welcome Sis. Metta.
As suggested E&O today consolidated towards its support of $1.96 to shake off those weak traders.
It signal trading opportunity when rebounded above $2.03 but could not take off the $2.06 resistant.
E&O is expected to re-test its Strong resistant of $2.10 soon and a break above $2.10 with volumes it should be moving upwards again.
2013-07-30 20:34 | Report Abuse
Sahwa3333, what i meant is it needs to break $1.62 now to re-test previous high of $1.67 and beyond.
Chartwise it is still bullish.
2013-07-30 20:29 | Report Abuse
Ya lwalk ..I noticed that too...
For Huayang now it needs volumes..
2013-07-30 20:27 | Report Abuse
Benalec is still trapped inside the Triangle and today formed a Doji during downtrend which is a good sign.Whether this Doji will be the Bullish reversal will needs confirmation.
Immediate resistance at $1.41 and it needs to break $1.45 with volumes to breakout from the Triangle.
Immediate support at $1.35 with stronger support at $1.30.
2013-07-30 20:22 | Report Abuse
lwalk thanks for all the information, appreciated it.
Huanyang is expected to test its immediate resistants at $3.16 and strong resistance at $3.22.
A break above $3.22 with volumes will see Huayang re-visit its previous high of $3.34.
Immediate support is adjusted to $3.10 with stronger support at $3.05.
2013-07-29 21:14 | Report Abuse
Huayang may stage a technical rebound soon if support of $3.05 not violated.
It needs volume to try its immediate resistance at $3.16 and strong resistant at $3.22.
Berry said it well the Bonus is 3:1..
2013-07-29 21:04 | Report Abuse
More consolidation is expected for GOB.
Any rebound may find resistance at $0.86.
Support is at $0.82 and next support at $0.80.
2013-07-29 20:58 | Report Abuse
E&O showed weakness today by breaking below its previous break out level of $2.03.
Any rebound towards $2.03/$2.06 may invite sellers from previous trapped buyers who bought near $2.10.
More consolidation is expected in near future towards support at $1.96 and strong support at $1.90.
2013-07-29 20:48 | Report Abuse
Counter very bullish but needs to break above $1.62 first..
2013-07-29 20:44 | Report Abuse
After the Doji formed on 17/7 Benalec share had been on downward for the past 10 sessions.Today it almost break down from the Symetrical Triangle when it touched $1.35,good news is the Triangle is still intact. Another good news is it formed a "hammer" today during downtrend which is a good sign. Will it turned out to be the Bullish Reversal from here?
A close above $1.42 signal Buy and a Breakout from Triangle above $1.45 with volumes Benalec will Roll....
Support is adjusted to be $1.36/$1.35 level..
2013-07-25 21:37 | Report Abuse
GOB finally broke out from $0.86 with volumes and tested its resistance of $0.885.
It may re-test the resistane soon and if cleared will try its previous high of $0.93.
Immediate supports is adjusted to $0.86/$0.845.
2013-07-25 21:25 | Report Abuse
The price of Kimlun adjusted today because of the entitlement.
Uptrend still intact.
Expect more consolidation towards support at $2.15 in near term as indicators show weakness.
The entitlement date is on 29/7/2013.
2013-07-25 21:13 | Report Abuse
E&O is trading between $2.03 to $2.10.
The consolidation is expected since it could not break its immediate resitance of $2.10.
Chartwise Uptrend is still very much intact.
2013-07-25 21:06 | Report Abuse
Benalec--Support at $1.38 is holding so far.
Benalec has formed an Symtrical Triangle, normally it will continue the trend that preceeded it which in this case is Uptrend.However the Break Out from the Triangle with volumes still the most important factor to determine its direction. As suggested earlier it need to move above $1.42 first and break $1.45 to continue its uptrend.
If break down below $1.36 the uptrend may be temporary over.( For trader like me we will cut the losses).
2013-07-24 21:31 | Report Abuse
Bro Pat, thanks for sharing...
I am happy $1.38 hold so we can now look whether it moved as what we suggested.
2013-07-24 21:28 | Report Abuse
Bro Heng88, I bought mine when it broke $2.23...Today it re-tested the $2.23 again. As suggsted by me do buy on any weakness because if it break $2.28 it will definitely try next Resistant at $2.36/$2.40.
Support is at $2.22/$2.20.
2013-07-24 21:19 | Report Abuse
Too bad Benalec could not break $1.41 to trigger a Bullish Reversal today.Yesterday close indicates a "Ladder Bottom" may had formed.
Still close at $1.40 is a good sign, if tomorrow can move above $1.41 i think Belanec is on the way up again.( i will definitely add more positions).
A move above $1.45 indicates rally is resumes.
Expect Resistant at $1.48 and support is adjusted to $1.38.
2013-07-24 21:08 | Report Abuse
E&O faces problem to clear its immediate resistance of $2.10 today.The counter is expected to test $2.16/$2.20 and Target of $2.30 if break $2.10.
Sadly today RSI failed to cross 70 and volume reduce significantly.
I sold about 30% of my holding today at $2.09 to lock in some profits.
Immediate Support is adjusted to $2.03.
Uptrend is very much intact eventhough it re-tested its breakout of $2.03 area today.
2013-07-23 23:01 | Report Abuse
As predicted E&O broke out from $2.03 today, it hit high of $2.10 before settling at $2.08.
Chartwise E&O is very bullish if can clear its immediate resistance of $2.10 it is expected to test $2.16/$2.20 and Target of $2.30.
What it needs is more volume and RSI to cross 70 to continue the uptrend.
Meanwhile any consolidation towards $2.03 is a good time to accumulate or for trader like me may add if break $2.10 convincingly.
Immediate Support is adjusted upward to $2.03.
2013-07-23 22:51 | Report Abuse
Dayang is still trap inside the Box of $4.70-$5.03. Chartwise look like it may try to break out soon. A convincing break out from $5.03 with volumes will signal rally is back.
Immediate support at $4.80 and strong support at $4.70.
2013-07-23 22:43 | Report Abuse
Benalec after the Doji last week had been moving downward but today close indicates a "Ladder Bottom" may formed if next 2 days the stock can move and close above $1.42.( It turns to a Bullish Reversal pattern)
In near term and may trade between $1.36 to $1.44.
A move above $1.45 indicates upward movement will resumes.
For trader like me i will limit my losses below $1.36.( That does not mean the long term uptrend is violated if close below $1.36).
2013-07-23 22:24 | Report Abuse
GOB chartwise remains Bullish..
Still unable to clear $0.86 to test next resistance of 0.885 and high of $0.93.
Immediate supports is adjusted to $0.845/$0.825.
2013-07-22 23:21 | Report Abuse
K Bro pat...Hopefully E&O can do better soon....
2013-07-22 23:19 | Report Abuse
hi Grandma, firstly i am not a young man anymore..
What i am saying is the RSI is still curving upward towards 70..Your reading of 64 is right.
Normally stock move when RSI cross above 70.. E&O looks like is heading towards 70.( Anyway the indicator is only a guide).
Trend wise it needs to get out of that Box of $2.03..
2013-07-22 22:56 | Report Abuse
Kimlun breakout from $2.23 and is expected to move higher in near term.All it needs is bigger volumes from now on.
It is expected to re-test $2.28, next Resistant at $2.36/$2.40.
Support is at $2.22/$2.20.
Accumulate on any weakness.
2013-07-22 22:50 | Report Abuse
Hi Pathew, i called her Brother when i first spoke to Metta.
Anyway back to E&O..
As mentioned in my earlier post E&O is trading in the Trading range of $1.70 to $2.03.
With the RSI value getting stronger each day E&O looks like going to break above $2.03 soon.
2013-07-22 22:40 | Report Abuse
GOB chartwise remains Bullish..
Need to clear $0.86 to test next resistance of 0.885 and high of $0.93.
Immediate supports is adjusted to $0.845/$0.825.
2013-07-22 22:29 | Report Abuse
Dayang has formed a trading Range of $4.70-$5.00.
As suggested Dayang consolidate towards support of $4.80. Strong support at $4.70.Any rebound will find Resistant at $4.92 and Strong Resistant at $5.00.
Dayang will move upward if can break and close above $5.00.
2013-07-22 22:15 | Report Abuse
Bro Hangjebat,indictaors are just a guide only.For trading the Trend is our Best friend.
As i mentioned the long term UP trend of this counter is very much intact.
For trading purpose the support of $1.36 must hold for its further movement in near term.
After forming the Doji last week the stock has declined as suggested but the RSI remain cuving up which is good sign.
In near term most likely to trade between $1.36 to $1.44.
As mentioned in earlier post it needs to stay above $1.45 to move again.
2013-07-21 22:51 | Report Abuse
Dont worry Sis Metta, I will update the stocks when i am around. The only problem is i travelled a lot and live oversea sometimes. Will let u know when i am going away for holiday next month...
2013-07-21 22:04 | Report Abuse
Bro Metta,I use chart for entry and exit during trading...
But of course like everyone else sometime i also need to cut losses too..
2013-07-21 16:27 | Report Abuse
Dialog yet again failed to cleared and stay above $3.05 and i locked in my profits at $3.03. Most likely to consolidate from here towards immediate support of $2.97 and strong aupport at $2.90.
2013-07-21 16:19 | Report Abuse
Benalec the uptrend is very much intact...After forming a Doji at top last week the support level of $1.40 was tested last Friday but managed to hold.More consolidation is expected in near term and may trade between $1.36 to $1.44.I will limit my losses if break below $1.36.
2013-07-21 16:08 | Report Abuse
More consolidation is expected because cant break and stay above $5.00.Immediate support at $.480 ans Strong support at $4.70.
2013-07-21 15:57 | Report Abuse
Tony for me i go for Mid Cap companies instead of those big taiko..It all depends on you as i also trade using my chart reading.
The mid Cap i like are ; Prestaring, Globetronics, Hua Yang (Just propose Bonus issue of 3 for 1), Dayang, Kimlun and E&O.
Please do your study before buying into any of the stocks i mentioned. Good Luck !!
2013-07-21 15:47 | Report Abuse
E&O--Needs to stay above $2.03 to breakout from its trending range of $1.90-$2.03.Once $2.03 is cleared expect it to move to $2.20 and Strong Resistance at $2.30.Immediate support at$1.95 with strong support at $1.90.
2013-07-18 22:47 | Report Abuse
GOB chartwise is turning to Bullish..If able to stay baove $0.82 it is expected to test next resistance of 0.885 and high of $0.93. Do accumulate on any weakness.Next support at $0.78.
2013-07-18 22:35 | Report Abuse
E&O looks like is going to move soon. Yesterday it manage to stay above $1.96 and today it is at $2.00. Any break through above $2.04 will see E&O re-test Strong resistance at $2.20. target at $2.30.
2013-07-18 22:17 | Report Abuse
The scenerio for Dialog after today trading remains as it needs to stay above $3.05 to test new uncharted territory of $3.15 & target of $3.23.
2013-07-18 22:09 | Report Abuse
Further upward movement for Dayang is very much intact..Any weakness is a good time to accumulate. As posted by me yesterday it need to stay above $5.00 to re-test previous nest resistance of $5.18 and high of $5.30-$5.35. Immediate aupport at $4.87 and strong support at $4.80...
2013-07-18 21:59 | Report Abuse
Benalec the uptrend is very much intact...It formed a Doji at top yesterday but today it never go below $1.40 which is a good sign. Unless it move above $1.45 it may test the next support of $1.40. Very strong support at $1.36.
2013-07-17 22:05 | Report Abuse
Thanks Sheridan Sulik for your comments,I used the word Doji formed at Top "NORMALLY indicate trend reversal"...Still need some confirm candles.
Because this counter is very bullish that is why i said "If not this counter UPTREND is very much intact and any weakness maybe good time to accumulate."
My apology if i confuse you.
2013-07-17 21:55 | Report Abuse
As suggested yesterday Dialog re-tested previous high of $3.05 after the breakout. Need to stay above $3.05 to test new uncharted territory of $3.15 & target of $3.23. Support is adjusted to $2.95.
2013-07-17 21:46 | Report Abuse
Benalec form a Doji at top today, it normally indicate trend reversal but need to observe tomorrow whether it will break below $1.40?
If not this counter uptrend is very much intact and any weakness maybe good time to accumulate..To maintain its upward movement it needs to trade above $1.45. Support at $1.42/$1.40.
2013-07-17 21:30 | Report Abuse
After 1.5 month fo consodilation Dayang starts to move upward again. Need to stay above $5.00 to be able to re-test previous high $5.35 and beyond.Immediate support at $4.87.Buy on any weakness because all indicators pointing more upward movement.
Stock: [BENALEC]: BENALEC HOLDINGS BERHAD
2013-07-31 17:09 | Report Abuse
Thanks everyone...
As a trader I am just an interpreter not a forecaster, so locking in profits and cut losses is part of the trades..
Yap, hope to see you all at other stocks in this forum..
Good Lucks !