why delete ircb? becos risk reward ratio is not attractive buy at 89 sell at 92.5 to 94.5 cut loss at 83.

good morning kawan kawan
yesterday bursa started its countdown to the slide with the initial bottom pit stop at 1685. the first line of defence is 1717 followed by 1700.
ong mali liao for hg and hk lovers.
denko and dnonce are highlighted in today's edge magazine
bintai go go go breakout of 38 to continue its uptrend to 45
comcorp upmove seem to have lost steam recently.yesterday it, however, surprise with a resistance breakout accompanied by good volume; could appear to be the last push up with tp 45
tj is in real serious mood last night...no play play strictly business talk kikiki
heng heng trading guys and gals

bintai ting ting mali again hahaha

kikiki bintai 33 pecah, 35 pecah 36 pecah 38 ae sai bo kasi pecah

kikikiki bintai go go go
mana ehw pi po pi po

okie dokie tj good luck

ok tj my opinion on lcth could have peak at 65.5 (wave 3) and now into correction (wave 4, a) so could have to wait for the upleg (wave b) or keep for wave 5 to come.
good luck.

mana ehw?? kikiki

tj re lcth do you still ada this counter?
index looks like starting to retrace liao....

sharon, good morning yah co and china apatu go go go..............

greatman watch these two, dnonce and esceram.

good morning kawan kawan
denko broke out of resistance with huge volume last trading day.. price had gone up by 22% within a week.
so if keen to trade on breakout, then buy at 31.5
expect it to test its 4 week high 32 (resistance) with tp1 at 33 (a high fibo extension 70%)and tp 2 at 35.5. (fibo 80%).
but kalau failed to do so, then masuk consolidation within the range of 26 to 30. strong support at 28 (fibo 50%) cut loss? a bit below 28 ie 27.5.
fa ok
heng heng trading

greatman, look see dnonce last broke out resistance 47 with good volume to close at 49 (intra high at 50.5 and low at 46)
technical indiators viz macd, rsi, obv, etc are bullish so next monday should continue its up move to first retest the psychological price 50 (first resistance) and 58 (second resistance) and pass these levels with a tp at 59.5 (profit taking seen at 52.5 and 55 for those who bought earlier) and 66 (aggresive based on triple bottoms).
support is found at 46, 44 and 40 (major) with cut loss between 40 to 46, depends on your risk aversion.

dataprep longkang counter... a one time goreng favourite of the past.
it is in a down trend and now could be just a short term rally... a doji at the bottom BB band with buy signal from slow sto price closed up one sen to 20 from 19.
next, it is going to face head wind at 20.5 to 21.5 where expectation is the price would retreat from there. on the other hand, should it break out the next price is 23 where profit taking is likely to take place. support at 19 and 17.
not much meat, capital could be better utilised elsewhere.

greatman, i like your pick on esceram very much.
fundamental cin sui leh price now 30 is deemed murah..first three quarters untung more than the whole of last year; last quarter would be released by the end of this month.
technically, it is at the support zone at 29 to 30 and so far 30 is holding up well thus expecting the price to rebound anytime. look at the 15 minutes chart for a buy signal; tp1 is 33 and tp2 is 35. and if 35 kena pechah would test its historical high 38.5.

if you are TRADING on hovid please note that it is now in correction phase where resistance is envisaged to be strong ie price is likely to retrace from there....the resistance zone is from 49 to 50 sen.
thus should the price failed to go up and beyond that zone and instead started to fall then be wary yah. the price closed last at 48.5.
so what is it going to be.... lets look at the lows, it had formed a lower low at 45... candle formation, the last candle is bearish after two doji at the top.. the price movement, it fell from 49.5 (50ma resistance) and 49 (20 ma resistance)
all these indications hence points more towards the down side.
so now if price breaks down 48(support 100ma) which seem to be the likely case based on the above, then it would search for the next support which is at 45, the previous low.
fundamentals, present price is fair. has a good potential to touch its peak price 56.5....51.5 is the critical price level as that will be the likely turning point ie trend reversal.

hi duit, long time no see, lu pi mana...ke london to see the queen kah...good to see you back.

so greatman you have to watch closely for the price movements (volume too) on these two counters namely ekowood and esceram you had spotted cari makan bukan senang go go go

of course after that stage, see how lor as a potential upside to the 30's zone is likely.

greatman, walor buying ekowood low at the correction phase... well after two lows at 23 and 17 a higher low at 19 was formed signalling a a technical rally ...it is at a range 20.5 (support) and 23 ( resistance) a clearer indication would be known at the close of this week trading; now if closed positive ie above 22 then could consider to take a long position.. a breakout at 24.5 it should go up to 26.5
along the way it would break out all the ma's 20, 50, 100 and 200.
indeed you are talking about kopi duit.

kikiki tj lu would need another computer and pakai a full time to help to monitor liao...go go go...

also appeared it is the same with slp.

knn another attack at wolf ... 53?

tj yesterday evening no do homework so... wishing you well

good morning kawan kawan
what's up bursa? nothing conclusive could be drawn from yesterday's trading...it is in a fluid stage.... attributed no less from the endless flow of news on the local scene and abroad (greece and china) which could either set bursa on fire or into a doldrum...then we have friday holiday... selamat hari raya to all our rakan rakan... celebrate and enjoy, as it should be
wah tj shopping list (chai tan) for raya hahaha
heng heng trading

tj i no buy thee just read the chart song song only

nothing to do slp go go go

hi greatman this esceram yesterday broke out the resistance (20ma, 50 ma and 100ma) and today broke another resistance at 30 ; so now range 30(support) to 33 (resistance) with profit taking at 31.5.

as per normal, some could take profit at 158/159(resistance)

i no buy this slp..just song song look see only.. wish someone ala beli heng heng i hope

slp????

next one at 48 fibo extension is between 61.8 and 78.6. please note 48 is the gap down resistance

scnwolf resistance at 45.5

hi jact5796 lu itu numbers cantik...

tj good luck go go go
mana ehw? you know what the market maker of HG and HK sudah main pusing pusing no ikut index but instead on support and resistance pulak kikiki ..betui betui knn. can paper cover smoke bo?

hahahah tj happy birthday................

left out this portion knn would test the previous high 163 (all time high) and proceed to tp 177.

good morning kawan kawan
today how is it going to be? today is the D day ... continue up move or otherwise. so the range 1715 to 1728 with 1717 then 1721 to watch for to see if could go up to 1728; then 1729 to 1734 for possible reversal.
look see slp, trading range 143 to 156, today could see it starting another upleg. please see 152, if taken down aggressive traders would take a long position at 153 for the conservative ones may want to wait to see it break out 156 for further confirmation. in the event, it could not climb out of 159 to 163 range, a double top might form where price would dip in which case cut loss at 137 (the support as well as 50% fibo retracement)
heng heng trading

knn apa bearish signal kikiki huat ar

tj asiaply crossed 70 pulak and mieco also crossed 1.00

europe opened green go go go shanghai hsi you go go go too

hahahaha sharon it should turn up fine just wait and see

at the moment semua green even indonesia.... the only exception is you know lah bursa... lu bolih kikiki

hahahaha tj congrats.
china tetap lawan leh jangan ikut others bolih?

this greek punya pasal akan kacau shanghai as to europe immediate reaction is NG and so dow too.
china go go go lawan be strong

good morning kawan kawan
another up day for bursa? most likely, 1715 to 1728 trading range with a minor irritation at 1717 and a strong roll over to 1728 when 1721 is annihilated.
breakout of 1728 then would be watching intensely at 1734 for a possible reversal.
heng heng trading

lover of mieco fyi a shooting star was formed a sign of rejection of the high price ie a bearish reversal probably in place... the fall would be nasty. (the 97 support could not hold) now traders reading to short the counter see itu gap up 92 to 93 these traders could probably take a small short position at 92 first as they are expecting the price to decline further to 85/83.
so what to do? if see price start dropping from the close 94 towards that gap up then one would
1. take profit , if bought low
2. sell and buy back (ikut traders' to short), if bought high to cover the loss. here cut loss is at 1.02 in other words, if sell at 92 then buy back at 83 the risk reward ratio is almost 1:1 an acceptable one for trading purpose.
evergreen and asiaply also in somewhat similar situation
in the case of asiaply if 67 cannot hold then looking at the next support at 60/61
so watch closely please guys.

NG the first salvo fired by eu finance ministers yesterday...greece needs to do more if want to negotiate yes to negotiate on the bailout. in short, they want their money back especially taiko german, that is the way it is kikikiki show them the money... they think the actions proposed by greece are not be good enough for them to generate sufficient income to pay the debt. greece response is that they got into the present predicament (problem) due to their failed austerity measures (eu) of the last bailout...so let me do it my way (lagu frank) can... so back and forward it shall go... itu lah called negotiation
now we wait for sunday and see ... along the way there would be compromises ultimately ... give and take is inevitable... unless they want to see turmoil in europe... do they?

hi rchi and robz
in the weekly chart. so likely the said week would end in positive territory. monday should be another up day ..trading in the range 12986 to 13250 (recent high) and the odd would be to break out of 13250 to proceed to 13400-14213 range. by the way, the closing price sits on the 20 ma and if price traded above it, the mood would turn to bullish and taking down 13250 would heighten the bullishness.
how far it would advance depends first and foremost on the traders' participation rate in the grand game plan initiated by the chinese government and the degree of acceptance of the greek proposal (the initial outcome would be known by this monday morning)
so now the final part of your question.
i say sharon 1. you are a smart person (a compliment) 2. ikuting tj (a good success rate) 3. running into a purple patch recently ( ala ong) 4. high volatility of the stock C2 (betul?) ... to sell on the bounce is hence a sound/safe trading.
cheerio.

saw error becos distracted got something to attend to
second last para.. should read the marketplace does not go down the drain so to speak
after the double top the market jatuh and hit bottom last thrusday at 11069(itu now jadi support) with the formation of a bullish reversal candle at its hourly chart and last firday true enough the market responded accordingly it broke out of the resistance trend line 12327 (now support) to close at 12791 after hitting a high 13250 (jadi resistance)
now how it is going to be untuk next week then? here another bullish reversal candle is nampak.. meaning
sorry have to stop