When at the end of a Super Bull Cycle -
The correct strategy for MSC is - Any technical rebound is the good opportunity to sell/unload your buy position
Cheers

Just a reminder
The correct strategy for AYS is - Any technical rebound is the good opportunity to sell/unload your buy position
Cheers

Just a reminder
The correct strategy for AYS is - Any technical rebound is the good opportunity to sell/unload your buy position
Cheers

My Technical Analysis on MSC based on the perspective of a Positional Trader

The Super Bull Run of MSC started around early November 2020. The price had moved from 70 sen to as high as 5.46 early this month Mar. 2022. An increased of 7.8 times.
Any upside potential from here may be limited. Chasing MSC at this price may be very risky. Just beware - Rubber gloves buyers got burnt badly when they chased the glove stocks for bonus issue and end up a big losers.
IMO, MSC may be near the end of the super bull run. The beginning of a bearish downward movement may comes soon. The timing depends on the big speculators and Insiders

Buy high and sell higher is a very risky trade for this counter at this current price. Prefer to stay away from this counter. There are hundreds of counters that have move upside potential than MSC

Posted by superman7181 > 3 hours ago | Report Abuse

BUY BUY BUY ! HIAPTEK IS A GOOD DEAL !

My comment:
Hiap Teck bull run already long over.
Now is the beginning of a major downtrend. It will move in zig zag downtrend manner. That is lower highs and lower lows
With the IRB potential fine of RM13.4m and ESOS at 31 sen around its neck, the upside potential is limited. Most likely could drop near 30 sen

Buyer beware

Had you experienced the emotional pain of losing money in the stock and tried every ways to find positive news to justify the stock would eventually moved to breakeven points or made some profit for you.
You kept holding to your losing stock and believed the stock would moved up soon - but the stock kept it zig zag downward trend
Your felt too great a pain, and decided to throw in the towel and sold the stock at a far lower price.
After you had sold the stock, your emotional pain attached to that stock vanished.
Had you experienced that after you sold that stock, you started cursing yourself, why didn't you sold the stock much earlier.
That stock was actually in a major downtrend, and you could see it very clearly. It was only after your emotional pain no longer attached with you when you can see the truth picture

Similarly, when you feel pain in the stock market, you may not see the right picture
The emotional pain can block you from seeing the truth picture

Of course, the young boy took fright and ran as far away from the dog as he was afraid he could get bitten by the dog
Did he see the right picture? He didn't
Because of the pain he experienced previously, he thought the dog would bite him again
In actual fact, this was a friendly playful dog who wanted to play with the young boy
Due to the emotional pain, the young boy could not see the right picture

The young boy had the bad experienced of being bitten by the dog and still felt the pain after one month
One month later, the young boy saw another different dog, which happen to be a very friendly playful dog. The dog saw the young boy and wanted to play with him. The dog ran toward the young boy,

What is the boy reaction, when the dog ran toward him?

The young boy had been kept protected in his house and had not seen a dog before
One day he saw a dog in the field and got curious.
He decided to get near the dog to check it
Unfortunately, the dog was in a bad mood and the young boy got bitten badly as a result

An example of emotional pain that block you to see the right picture

The story of a young boy and the dogs

Trading with Emotional feeling in the stock market is a sure way of losing money. When you are in emotional pain, you cannot see the right picture.
If you can control your emotion and see the market movement with a neutral mind, you may have a better chance to make money in the stock market

BEWARE OF "PUMP AND DUMP" OPERATORS
Just to recap on KYY posting on 24th Dec 2021

Posted by yewyin33 > Dec 24, 2021 7:58 AM | Report Abuse

I agree with Mr Ooi Teck Bee's comment on the AYS price chart. He said The technical chart of AYS is still an up trending stock.
The share price of AYS is still higher than 200-day SMA.
MACD showed a buy signal, likewise Parabolic SAR also showed a buy signal.
On 2nd Dec AYS dropped to 52.5 sen and since then it has been going up to close at 65.5 sen yesterday. It has gone up 1ec 24, 2021 11:38 AM | Report Abuse 3 sen or 25% in the last 14 trading days. Yet, cckiong, Koo San and positiontrader are telling you to sell. Based on their sell advice, they must be losing money. They must examine their track record to see why they are still so poor. They must pay to learn charting from MR Ooi Teck Bee.
Koon Yew Yin

As of 11th March 2022 - AYS last traded price is 51 sen.

KYY should had recommended JTiasa around 65 sen in late Jan 2022
Recommending the stock after a sharp increased to RM1.11 (increased of 70% from 65 sen) with 2 months is highly suspicious. Typical "pump and dump" technique
Buyer beware

KYY should had recommended JTiasa around 65 sen in late Jan 2022
Recommending the stock after a sharp increased to RM1.11 (increased of 70% from 65 sen) with 2 months is highly suspicious. Typical "pump and dump" technique
Buyer beware

Posted by see2sea > 11 minutes ago | Report Abuse

Lol..hiaptek buy only below 35 sens..dont chase high if u dont know cutloss and dont hold because someone told u good fundamental..if not u will be long term investor..no need see chart or fundamental..stock is about buy low sell high..fundamental and technical chart are just gimmick..learn from the naysayers..u will improve more..goodluck

My comment:
Buy low sell high is one technique of making money
But - Buy high and sell higher also another technique of making money (use trend following technique)
Another technique is - Short (sell) high and buy back low (for Futures) also can make money

There are so many types of player in the market. One technique could be great for him but could be poison for another. That is why, there are always buyers and sellers in the market.

Trading the stock market with huge Emotion feeling is a sure way of losing money.
When one having an emotion pain, one cannot see the Real picture.
Similar when one has huge emotion happiness, one ego gets inflated and too confidence. That is the time Risk management gets throw out of the window. It could result in the mother of all loses

See you around 40 sen before making a decision to buy or still stand aside :)

In a Bull market - low tide moving to high tide - even rubbish will also rise
In a Bear market - high tide moving down to low tide - good ships will also sink

IMO PMBTech is a cornered stock.
Price is near record high. To expensive at current market condition
As I always say, buying is easy, but getting out of your buying position with a good profit is very tough at this current price. Most likely ending with a very sore loser

Honest person and Liar are easy to detect
But to detect the "most dangerous person" is extremely difficult. One need to have an open mind with neutral view to detect the most dangerous people

An Honest person will report real facts
A Liar will report fake facts
The most dangerous person is - report a combination of real facts follow by fake facts - resulting in the fake facts become a "real facts"
Pls read the forum with a neutral mind and determine who is the most dangerous person

osted by smartly > 22 hours ago | Report Abuse

but not sure it will happen this time round as i read reports saying that US might takes a step back now from raising the interest rate.

"My comment"
You must be joking. :)
FED is way behind the inflation curve. They need to raise a series of interest rate hike this year to cool down the inflation before it totally get out of control.
Rising inflation will cause other businesses to raise their products price so as not to loss money - employee will also demand higher wages to cope with rising inflation. This will add cost to the businesses resulting in Employer to raise their price again to compensate for higher wages. The cycle repeat itself - eventually could result in hyperinflation

IMO, Malaysia market is a Dead Cat Bounce, a Bear Trap
Malaysia is a net exporter country and highly dependent on the world market
When most of the world markets are turning bearish, there is not way Malaysia can continue to be bullish.
Buyer beware :)

In a Bear Market, the price movement is a series of Lower Highs and Lower Lows
The right strategy in a bear market is short (sell) on any technical rebound.

The inflation is getting out of control. FED is way behind the inflation curve. There will be a series of rate hikes in 2022 in US to arrest the out of control inflation. FED is in the process of cutting off the stimulus
With US dollar getting stronger, Malaysia will have to raise interest rate to counter the outflowing of foreign money from Malaysia. Raising interest is bad for the market

Beware, the world markets are at the beginning of a major downtrend.

Human beings are basically an emotional people. Trading the stock market with an emotional points of view is a sure way of losing your money.
That is why 80 to 90% of the traders lose money in the stock market

Posted by adikhantamking > 1 hour ago | Report Abuse

@position are u sure? dont act smart

"My comments"

I looks at Hiap Teck market movement with a neutral view based on a position trader point of view. No bias upward or downward outlook when I comments on Hiap Teck.
The outlook from the perspective of a day trader, swing trader, fundamental investor are different. They could be bullish or bearish depending on what type of traders/investors

For your info, the bull run for Hiap Teck is already over
The net outstanding share holding for Hiap Teck is huge - 1,743m and growing
There is huge conversion of ESOS option to ordinary share at 31 sen
May look at Hiap Teck when the price drop to around 31 sen is a safer bet

Posted by OTB > 4 hours ago | Report Abuse

Projected profit for Hiaptek in FY2022 is around 280 million to 320 million, what is the percentage of 13.4 million fine compare against projected profit ?
4% to 5% only.
This news is a known news long time ago.
No worries.
Thank you.

"My comments"
Hiap Teck FYE net profit in 2021 was RM163.5m around steel price peak
Your projected profit of 280 to 310m for FYE 2022 is too far fetch esp when we have not see the 2Q report yet

Hiap Teck may need to pay a fine of RM13.4m to IRB due to possible income tax mistake
Understand court hearing on 23rd March 2022
Hard to win when IRB knocks at your door

Posted by LeonXx9 > 1 hour ago | Report Abuse

Will war increases steel demands?


My comment:

It depends

For Ukraine, the war may not increase the demand for steel price
Ukraine is not a rich country. To fast tract the rebuilding of their infrastructure and buildings, they need large amount of money. Where to get cheap loans when every countries are in huge debt position

As mentioned earlier, the right strategy is - Any rebound is a good opportunity to unload your buy position.
Those who refused to sell will now become a 'long term reluctant investor'
The uptrend is already over. AYS is now moving South or at best sideway
As for me, I will decide when price drops around 40 sen. To buy or stand aside around 40 sen will depend on the overall market conditions

In my humble opinion, the Bull run for AYS already over. Most likely AYS on the way of moving South or at best moving sideway in these coming months.

Speculators have not unload their buying position. They are trying very hard to unload their buying position to retail investors.

Always remember, buying AYS at this current price is easy buy getting out of your buying position with a good profit could be very tough

Don't end up becoming a "long-term reluctant investors - paper loss is also a loss"

Wish fellow traders a Happy Chinese New Year

Any price rebound is a good opportunity to get out of your buy position

Take what ever small profit that is still available, or cut loss if you are still in the red. Remember "First Cut is the Cheapest".

You don't make money when you buy, you only make money when you sell!

:) :) :)

Let KYY clear all his buy position first.

See you at 40 sen?

Posted by khpwwl > Jan 12, 2022 12:55 PM | Report Abuse

If 0.40 uncle Koon may lose money loh... Let uncle Koon goreng 1s

My comment:

Uncle Koon is not god. Rest assure, when the market crash, he will be the first one to bail out. Just for your info, his stock holding for AYS could be around 40 to 50 sen

I buy shares based on my TERMS
Buying shares based on speculators terms (afraid of missing out) is a sure way of losing money

There are thousands of counters in Bursa, there should be some counters that will surely meet my terms

Miss out AYS at current price is not an issue and will not make me loss money

Last week was a good opportunity to get out of buy position

As mentioned earlier, the correct strategy for AYS is; any price rebound is a good opportunity to take what ever profit or cut loss.

The good old days for AYS is over for now. I am waiting around 40 sen to position a buy?

Miss opportunity is a dangerous negative emotion and could end up causing us to loss money.

We should buy on our terms and not buying at the mercy of the big speculators terms.

Buying at the big speculators terms (afraid of so called miss opportunity) could end up losing money instead of hoping to make a small profit.

There are thousands of counters in Bursa. Giving a pass on AYS is not an issue

IMO AYS is typically "Pump and Dump" counter

From the chart - the big speculators had pumped up AYS from 30 sen to as high as 96 sen before starting to dump the shares down to 52 sen

IMO the big speculators have not exhausted their shares holding and is now going for the next round of pump and dump strategy, most likely a smaller pump before the next dump.

Those unfortunate retailers who chased the share around 76 sen (Private Placement price) are feeling the pain. The big speculators will not let them off the hook by pumping the share above 76 sen

By the way, one does not need to buy AYS at this current price

Staying side-line is also a trading strategy. One does not loss money by staying side-line.

Just waits for a good position to buy, i.e. when the downside is limited and the upside potential is big.

As I mentioned earlier

Buying at 65.5 sen is easy, but getting out with a good profit could be tough at current price.

Most probably, could end up as another reluctant 'long term investor'

Posted by yewyin33 > Dec 24, 2021 7:58 AM | Report Abuse

I agree with Mr Ooi Teck Bee's comment on the AYS price chart. He said The technical chart of AYS is still an up trending stock.
The share price of AYS is still higher than 200-day SMA.
MACD showed a buy signal, likewise Parabolic SAR also showed a buy signal.
On 2nd Dec AYS dropped to 52.5 sen and since then it has been going up to close at 65.5 sen yesterday. It has gone up 13 sen or 25% in the last 14 trading days. Yet, cckiong, Koo San and positiontrader are telling you to sell. Based on their sell advice, they must be losing money. They must examine their track record to see why they are still so poor. They must pay to learn charting from MR Ooi Teck Bee.
Koon Yew Yin

My Reply:

It is a matter of how you choose to interpret the chart. If one chased and bought the share at 96 sen on 27th Oct; he would incurred a huge loss of 53.7% on 2nd Dec. in a matter of one month. He is till making a loss of 31.8% as of at yesterday price of 65.5 sen.

Those who bought at 96 sen may need to waits years before they could baeak even or make a profit. They could also end up losing their a

Any price rebound is a good opportunity to unload your buy position

Cheers

One more piece of information

You don't make money when you buy. You only make money when you sell

For AYS, the upside potential is limited. The downside potential drop is greater than the upside.

As I always say, buying is easy but getting out of your buying position with a good profit is tough at the current price.

Posted by OTB > Dec 22, 2021 7:51 PM | Report Abuse

Please read the technical chart carefully before you talk.
The technical chart of AYS is still an up trending stock.
The share price of AYS is still higher than 200-day SMA.
MACD showed a buy signal, likewise Parabolic SAR also showed a buy signal.
Thank you.

My Comment:

Everyone have difference ways of interpreting the chart. There will be many opinions on the interpretation. Emotions play a very big part in their buying, selling or standing side-line. Some are bias toward the upside when they interpret charts while some are bias toward the downside.

For your info, 200-day SMA, MACD, Parabolic SAR are lagging indicators. By the time these lagging indicators confirm the selling signal, you may end up getting out with losses.

The trends of the market also depends on whether you are looking at weekly or daily charts. Of course, the weekly chart has more significant than the daily chart.

The Intraday Traders, the Swing Traders and the Long-term Traders also interpret the charts differently. Fundamental Traders also interpret the chart differently.

To you, the trend is still up, but to me I see downtrend mode. That is why, there are always sellers and buyers in the market all the time.

It is only after few months down the road, we can confirm who is right and who is wrong.