MMSV's chart is very bullish, opening big mouth, likely to continue shooting up non-stop, (just taking a rest in between.)

i need the cash to buy other stock, like PENTA this morning.

PWORTH - broke down on 25.9.14 at 25.5

I m holding SYCAL, PENTA, PMETAL, ELSOFT. Sold MMSV

PWORTH - also broke down from support at 1st. glance on the chart.

YINSON - Price broke down on 29.9.14. Must sell on that day. Once a stock has broken down from the support, no one knos how deep it can go.

I bought PENTA.

I do not recommend investor to carry out any intra day trade.
You can do it once in a while for fun in small qty, its OK to do that but this is not for serious trading. Its a 50-50 chance. Winner's platform will not take this path. So intraday chart is foe viewing only, not for trading. there are many software available in the market place but its best not to attempt to trade base on it.

MARCO - close in the RED today - looks dangerous !

PENTA, as long as you can hold, no problem. It will move up just as aggressive as it plunge. This typical of PENTA.At mid point last few days, it can choose to move up or drop down. They choose to drop down to press down the MACD and I expect it to move recover by tomorrow. Recover means- stop dropping and starts to close in the Green. Then it might start to surge again. Even though it drop a lot today, it is still fully supported by the EMA. I will enter once it starts to turn green.

PENTA - still pressing down the MACD, price is still well supported above EMA

MARCO looks nice and ok

EMA MACD daily chart, can't use OSK

aikwais , to be a winner, we don't have to be bothered by the price movement ie.support and resistance. We are only concern if the price breaks down from the EMA support. If that (EMA) happens, its better to sell.
Any good trending stock must be well supported by the EMA. If you see your holding stock is not the way it should be, sell it off and look for other good trending stock. This way you free yourself of additional homework.
If you still want to know more, login and find the details in the website. There are many out there explaining and showing the calculations. As for me, this isn't important at all. I just rely on the EMA trending and the MACD to make decision.

P E N T A - ok, temporary taking a nap to bring down the MACD

Bonus or no bonus, no problem in buying PMetal

End of the day Target more than 8.00, immaterial of bonus issue.

upside 40%, no hurry to buy. I am accumulating.

I am buying PMETAL now.

aikwais, one good thing you have done is by helping yourself to understand the mechanics of stock charting. We must use it (mandatory) before we attempt to buy any stock. It is very very good that you are following my guide and advice. You will go far. And be a winner. Congrats.

aikwais, All your named stocks are trending bullishly. Sometimes the stock can move higher if they wanted to push it up like PMETAL - melting hot
above 90% also don't care. But now melting down like anything.

So, its quite difficult to confirm the entry point after the stock has moved up and the indicators has also followed it up. If you want to play safe, UZMA is a safer buy, but not discounting KOSSAN, who can rise high and then drop back fast. As long as any stock is trending above the EMA, its safer to buy and hold. Use it as an indicator to sell once it starts to breakdown from the support. Use the Bollinger 10 band to confirm too.

I have all the 3 of them in my hand

MMSV - getting fierce now

PENTA - started too fierce. After resting enough, will rise.

MMSV - engine started. Chart better than PENTA

PENTA - just beginning, MMSV - 2nd leg up, ELSOFT - 2nd. leg up

I'm adding PENTA this morning.

PENTA, MMSV, ELSOFT.

ELSOFT is a better buy than SCIENTEX at this moment.

SCIENTEX is getting hot and very bullish. But not recommended to buy at this time.
RSI already reaching 80%. Not worth to invest at this level. High risk, low returns.

PENTA could likely be the last day down today. I'm waiting to add more near the closing time. The lower the better.

I am still waiting for the dust to settle before making a move.

P M E T A L - bullish zone seen between 6.00 to 6.35.
Any price breakdown below 6.00 is suicidal.

As long as it can stay above 6.50, it is still safe to hold. If your holding has exceeded - 7%, it is advisable to cut loss if price dip below 6.50. If your risk tolerance is higher, then you can continue to hold.

A B R I C - breakout price at 0.795.

Plunging aggressively today has brought down the daily indicators to a level of 5 (0-10). If it were to drop down to Fibo support at 6.50, it will quicken the turnaround time. Max. low of 6.50 is enough to set and stabilize all the primary and secondary chart indicators in preparation for uptrend reversal. It is likely to take a few days to repair the damage done today. And it will be ready to move up just in time with the Bonus issue approval. This is what I see from the chart today. It may start to trend up a little at a time before the Bonus announcement.

I anticipate limited downside from this level. If it were to continue to plunge below 6.50, then I sensed something is really wrong.
I recommend you all not to buy for the time being and to monitor further development of the trend.

A B R I C - very likely to move up tomorrow morning. It must stay above 0.735 to have any chance to continue its uptrend. If it starts to drop back back below 0.735 or close below 0.735, it is going to be bad. It must stay above uptrend support line at 0.735.

i am checking and update later.

As I see it, the uptrend will continue into 2015. And of course there will be up's and down's along the way. The market is not crashing anyway, as we referenced it to DJIA and Shanghai index.

Right now nobody can tell the price after approval. Even the co. boss also can't confirm yet. It will depend on the closing price on the last day before ex-date divided by 2.

I prefer to jump in when the dust has settled. The day when it turned green and moving higher. This is to make sure it has hit the ground. This is to play it safe.

From what I observe so far, there is no sign of panic selling as the traded vol. is below the daily average level. They are doing this to expedite the turnaround time as mentioned earlier.

I see it rising (surging) when the Bonus proposal is approved coming soon.

After hitting 6.67 it has rebounded above it.

At 6.67, it is still being support by the last EMA line of 31days.
And it is still well supported by the midterm and long term EMA support too.

Preparing the chart and the indicators for the price to rise in tandem with Bursa's approval. When the indicators are not ready, it cannot go up.

Even though price drop so much the volume is still low. This tells me that they are expediting the turnaround(reversal) time to co-incide with Bursa's bonus approval. JIT (just in time)

The immediate Fibo support is at 6.50. I see this price retreat as to bring down the MACD as its still high (not peak) in order for it to move up when
Bursa approve the proposal next few days. It was submitted for approval on the 18th. So can expect to get the approval by late next week, just in time for PMetal to start shooting. If the MACD is still high, the price will not be able to move up.

Just back from busy job and saw all RED's.
This is bad.

Before I left my desk this morning, its still in green.
I didn't take any chances and sold everything liao.

I can't advise you all to sell coz it can go up as well as down.

But I mention that if the price stays at this morning's level. then its okay.

But once it turned down, its Not OK.
The price must not drop lower than yesterday's close or 6.90.

Once it does breakdown 6.90, better to sell it off, get cash back and wait.

I'll be busy with my work. If price sustain at this level. everything's going to be fine. Till then... i will write when i'm back.

Recap:

qwerty I believe PMETAL will be the last day down today. Wed shd start to see a recovery.
23/09/2014 09:35

Now, its happening. All falling into place. Enjoy