hopewinner-Asiapac

Resumption of uptrend is expected as Asiapac breaks the upper bollinger band on a daily chart with healthy volume.If buying interest continues tmr with volume it may retest its high of 0.32.Daily and hourly chart shows all oscillators at the positive region suggesting imminent resumption of uptrend.

Further upside targets are 0.32 and 0.325.
Immediate supports are found at 0.285 and 0.28.
A stop loss if 0.275 is triggered.
Happy trading.

tpchuayap-EAH

Share prices of EAH are expected to climb higher as its gaining bullish momentum. Noticeably, reading from all oscillators on a daily chart shows bullish signal. Further upsides are targeted at 0.135,0.145 and 0.153.Immediate supports are at 0.13 and 0.125
with a stop loss at 0.12.
Happy trading.

CK-thheavy

Curently Thheavy is bearish and downtrending on a weekly and daily chart. On a daily chart it has broken the lower bollinger band which indicates the stk is very bearish.If you're bottom fising on this stk, the immediate supports are at 0.83, 0.775 and you might want to set a stop loss at 0.755.Any technicall rebound with volume it might take thheavy to scale back to 0.845,0.86 and 0.89 level.
Happy trading.

lotto-skpetro
The uptrend of Skpetro is intact on a weekly and daily chart whereby it has formed a pennant on a daily chart which usually will followed by a prevailing trend.A break out of its immediate resistance with volume at 4.48 frm the pennant will spur the stk to move upwards to a resistance of 4.52 and 4.81. However, keep an eye to confirm the breakout frm pennant by observing that its price able to sustains above 4.48 level with volume.

Immediate supports are at 4.37 and 4.21.
A stop loss if 4.21 is violated.
Happy trading.

Jass-titijaya

Since breaking frm the squeezing of bollinger band with volume on the 19th June, its consolidating with a reduce in volume. Currently RSI is at a overbought situation and it might consolidate for awhile. Watch out for volume and momentum.Any upward movement with volume could see it testing the resistance levels at 2.66 and 2.79.Immediate supports can be found at 2.48 and 2.35 levels with a stop loss at 2.20 level.
Happy trading.

lauspo-ILB
ILB tested its first support of 0.825 after gapping up on the 16th June and rebounded frm that level on the 4th July with healthy volume. Its uptrend is still intact.With momentum and volume high possiblity it will test the resistance of 0.874 and 0.885.If i tmanage to break the upper bollinger band than it will scale higher towards 0.915.

Immediate supports are 0.835 and 0.835.
Stop loss if 0.825 is violated as it might try to close the gap of 0.80 level.
Happy trading.

hi johhny cash, u ar indeed excellent in TA, use to read ur postings in i3,hope u too can contribute and share in TCB too.tks

healthy volume with a gap up, possible of testing 0.81 soon.

Dlyc-Lbalum
After gapping up with healthy volume today Lbalum should up be up trending.As for today,its one of the top volume gainer.Once 0.75 is broken above the bollinger band,further upsides are targeted at 0.76,0.775 and 0.815.All ocsilators forming bullish signal.

Immediate supports are 0.69 and 0.675.
A stop loss if 0.675 is triggered.
Happy trading.

Elsa-Rcecap
After consolidating for awhlie its at bullish stage now.Accumulation can be notice with healthy volume since ystr.Momentum is picking up.Once 0.36 is broken above the bollinger band it might scale higher towards resistance of 0.375 and 0.39.There are lots of rumuors on this ctr but we only focus on TA.

Immediate supports can be seen at 0.34 and 0.33.
A stop loss if 0.32 is triggered.
Happy trading.

Dlyc-Siggas
Currently Siggas is very bullish, momentum picking up pace with healthy volume. Prices has surpassed upper Bollinger band of 0.725, spurring share prices higher. Moreover, reading from all oscillators shows that share prices are gaining stronger buying momentum at accelerating velocity. Hence, further upsides are targeted at 0.76,0.835 and 0.90, with a long term objective of 0.975. Immediate supports are 0.665 and 0.64. Cut loss below 0.61.
Happy trading.

sunshine96-Bornoil
Bornoil is currently uptrending breaking out frm its downtrend line.This morning it was trying to break the 0.70 resistance nicely trending above the bollinger band. Once the 0.70 is broken with volume the next level will be 0.725,0.745 and 0.77.

Immediate supports are 0.66 and 0.645.
As stop loss at 0.63 level.
Happy trading.

siena-Sealink

Sealink is expected to continued trending as the hourly chart and daily oscillators are hooking up at the positive region suggesting imminent resumption of uptrend.Weekly and daily charts shows positive signals.

Further upside targets are 0.675 and 0.69. If it manage to scale above 0.69 the next target will be 0.77.
Immediate support is 0.655 and 0.63.
A stop loss if 0.62 is triggered.
Happy trading.

skyland-AYS
AYS looks bearish technically, testing 50MA @ 0.32 level and if broken the next support will be below 100MA @ 0.31 level.If you intend to go bottom fishing on AYS watch for volume and momentum. Currently the volume is getting weaker.

Resistance - 0.34;0.36.
Immediate supports - 0.32;0.305.
Stop loss if 0.30 is violated.
Happy trading.

zech-Asiapac

After a long consolidation it breaks out frm the bollinger band on a positive note. Asiapac may rise after the latest white candle.All indicators are in the positive region.If 0.29 resistance is broken the next level will be 0.315 and 0.335.
Note that the stock could trend sideways if it fails to stay above 0.27 level.
Supports can be found at 0.26 and 0.25 while downside risk will increase if the stop-loss of 0.25 is triggered.
Happy trading.

Prestar will be a star soon.

Welcome John_Revolver,nice to see you here.Btw good spot on Premier John_Revolver.

Bravo-Aeon/NTPM

Aeon retrace after a shooting star formed on the 24th June accompany with overbought situation. Profit taking can be notice after a sharp surge since 17th June.However it's well supported above 20MA. There might be some selling pressure for the next couple of days frm the
contra players before the price settles down.A strong support is seen around the 20MA @ 3.83 level. A stop loss if 3.70 is triggered.
Resistance 4.33 if the manage to scale above 3.98 level with volume and the next resistance would be 4.64.

NTPM
Weekly and daily charts show its trading in the negative region/bearish.There was some buying supports seen on the 26th June but it cannot sustain to carry the stock upwards.Btw RSI is at oversold position and seen improving.If you intend to go for bottom fishing on this stk, watch for volume and momentum.
Resistance - 0.84 and 0.86.
Key supports can be found at 0.835 and 0.825.
A stop loss if 0.805 violated.
Happy trading.

Sharing for weekend reading,not a buy call.Happy weekend everyone.
Prestar is invovle in ...
- Slitting & shearing of carbon & stainless steel mother coils into slitted coils / sheets for automotive, electrical & electronic, office equipment, metal stamping indsutries;
- Roll forming of carbon steel pipes and hollow sections;
- Roll forming of stainless steel pipes & hollow sections;
- Manufacturing of steel flat bars, steel purlines;
- Manufacturing of wheelbarrows and platform hand trucks;
- Manufacturing of steel shelving & pallet racking and other storage equipment;
- Manufacturing of highway guardrails

The massive construction on both infrastructural, residential and commercial properties had contributed positively to the company income growth.

The company had recorded a 58% growth in the EPS in FYE 2013 compared to 2012 of 4.42 cents, Prestar ended FYE 2013 with EPS of 7.01 cents.

Its NTA stood at RM 1.11 per share as at Dec 31 2013. It is worth nothing that the company had a number of land and properties reserved that had yet to be revalued.

Prestar’s prospects remain bright as the company had been set to bag more lucrative projects, especially highway guardrails from going forward …

- West Coast Expressway, 273km (40km linking Ipoh to WCE to be built later);

- DASH Highway 20.1km;

- Kidex Highway 14.9km;

- SCORE corridor (320km stretch from Tanjung Manis to Samalaju), extension to Mukah, Baram and Tunoh
There is rumor that Prestar had bagged in the WCE project for guardrails which is worth more than RM400m for the 273km stretch. A 15% profit margin will contribute towards a net EPS of RM0.33 (Based on RM60m profit / 180.98m shares) on top of its current business and operation. The WCE whcih carries a GDV of RM6b will see actual job fully dished out on 2H 2014.
In addition ongoing KVMRT Line 1, the KVMRT Line 2 and the future of KVMRT Line 3 will continue to see steel demand in the coming years from 2014.

sandho9-Tadmax
Hi sandho9, I think you got the wrong blog posted here, this is the coverage of Prestar if not mistaken.Btw Tadmax is still in the bullish region,trading above 100MA and reading frm the blog posted by bonescythe a good target been given-short term 0.55 and 0.65 for mid to long term.Indeed is a good coverage by Bonescythe. If 0.52 is broken with volume it might scale to a resistance of 0.55;0.58 and 0.60.
Supports level are seen at 0.495; 0.485.
A stop loss if 0.475 is violated

cherry tomato-Thheavy

Technically its very bearish at the moment,trading below 200MA. I'm not sure if there's any bad news which cause this stk retrace. If you intend to go bottom fishing do check out news too.Strong support can be seen at 0.84 level and if broken the following support will be 0.81.A stop loss if 0.81 is triggered.Today on an hourly chart some buying can be seen around 0.85level and if this momentum picks up accompany with volume than the resistance can be found at 0.865;0.88 and 0.895 levels.Watch for a technically rebound if you watching this stk.
Happy trading.

cherry tomato-Scable
Agree with you that after the hanging man n black can black candle its taking a breather after the gap up on the 16 June. Keep an eye on today's volume n momentum as its trading on a T4. There might be some contra players selling off. However the uptrend is still intact n its a good fundamental stock.

Resistance levels are at 1.63 and 1.66.
Key supports are at 1.56 and 1.52.
A stop loss at 1.47 is violated as it may try to close the gap of 1.44.
Happy trading.

farue-KTB
KTB is currently range trading after surging to a high of 0.355 and today it turn bearish on a T4 and due to poor mrkt sentiment caused a significant drop in prices across broad mrkt.Dropping 7.35% it cross below 10SMA line.However it is still trading above 20MA line.If mrkt sentiment recovers and accompany with volume the next resistance would be 0.335,0.35 and 0.36.You could say resistance turns support based on ealier price.
Key supports 0.30 and 0.28.
A stop loss if 0.26 is violated.
Happy Trading.

Palm touches near one-month high as export data eyed FCPOc3 - RTRS.Despite uncertain mrkt condition TDM is in positive region. If it manage to break 1.03 with volume tmr than it will scale higher to 1.09 and 1.13 respectively.

thanks inwest88 for sharing your thoughts and experiences.

shjane-Asiapac
Weekly and hourly chart shows that its trading inside triangle.Despite the current Iraq crisis, its holding well at the 20MA strong support.Bollinger band is at squeezing stage and once price and volume bulids up its likely to break the bollinger band of 0.285 and scale towards resistance of 0.31 and 0.315.A volume divergence is seen nand accumualtion notice. It might retest its high of 0.32.However failure to break 0.285 with volume it will be trading sideways.

Key supports are at 0.265 and 0.255.
A stop loss at 0.245 once that level is violated.
Happy trading.

Tan Siew Ting-SEAL
SEAL is strong with strong earnings contribution from property segment seen in 3Q14 results. Its share price rose to its all time high level of 1.18 this morning before profit taking and closing at 1.13 level.From a technical perspective, SEAL has broken out from its ‘Fibonacci’ resistance level with high trading volume. The RSI indicator is still hooking upwards albeit being in a slight overbought territory.Need to watch out for tmr's buying interest and if continued it could rally the share price towards RM1.21 and 1.25 level.However seal could trade side ways if it don't hold 1.13 level.Key supports are at 1.02 and 0.97 level.Stop Loss if 0.97 is violated.

after months of accumulation today ulicorp an undervalue stk scale above the bollinger band. accompany with volume it should keep its uptrend the next few days.if 1.14 is broken than it might scale higher to a target of 1.20.

will mentiga retest its high of 1.30. today nicely moving on a T4 and technically it should continue its uptrend tmr.

tiongms-Bstead

If you are looking for bottom fishing, look out for momentum with volume and a reversal signal. Its bearish and down trending at the moment.On a weekly chart the 100MA @ 4.85 is a strong support. Daily chart it shows weakness once the 20MA was broken since 19 May and it starts to retrace. Do take into consideration the price adjustment for the dividend of 0.075 paid and it manage to test 5.25 before closing at 5.00.
Resistance 5.22;5.30 & 5.41.
If 4.85 is violated can be consider a stop loss.
Happy trading.

aikwais-Bonia
Resumption of uptrend is expected once it breaks the upper bollinger band which usually will followed by a continuation of an uptrend.Bonia's fundamental is excellent with a fair value of 6.20. It has gradually trying to scale back to its recent high of 5.70 and momentum is uptrending.Daily oscillators are hooking up at the positive region.

Further upside targets are 5.47,5.70 and 5.90 levels.
Immediate support is 5.00 and 4.88.
Cut loss below 4.88 level.
Happy trading.

christie-Dsonic

The positive momentum and upward trend is still intact. It managed to breakout of the bollinger band on the 27th May and the symmetrical triangle on the 13 June and currently is trading at the upper bollinger band.Need to observe the momentum and volume next week and if it manage to break out of the bollinger band at the 1st resistance of 2.01 than it might scale higher to the next resistance of 2.435.
Immediate supports are at 1.945 and 1.91.
A stop loss can be considered if 1.855 is violated.
Happy trading.

profitman-sona
a good write up on sona."maximize profits and minimize losses",well said profit man,manage your money by cutting losses and protecting your capital is the key to be a successful trader.
Thanks profit man.

FAST_5- Lbalum

Agree with you that dark cloud has formed and possible of a consolidation but watch for tmr's volume and candle to determine the
direction.However the trend is still intact.It is still bullish as its stil trading along the upper bollinger band.

Immediate resistance is now at 0.74;0.775 & 0.815.
Support can be found at 0.69 and 0.665.
Happy trading.

tsy88-ASB..

Sorry made some mistakes in reading the technical part of it. ASB is range trading inside a pennant and there was a false breakout on the 9th of June. Currently the 20MA of the middle band is acting as the strong support and must accompany with volume for ASB to breakout of the range bound trades.

If 0.26 resistance level is broken,the next level will be 0.265 and 0.29.Take into consideration that ASB has risen frm a low of 0.15 quite recently that is on the 15th May.

However, a failure to stay above 0.24, the next support will be 0.23.
The downside risk will increase if the stop-loss of 0.22 is triggered.
Happy trading.

MAA is moving accompany with good volume, more upside to be seen.Will it break its strong resistance of 0.715.Watch closely for a strong reversals latter today or tomorrow.

tsy88-ASB..sorry tsy88 due to busy with our work we would haf missed out certain readings,pls bear with us yea..tks.

ASB manage to scale upwards after the descending triangle end up with a doji on the 5th June with an increased in volume.It manage to stay for only one day and drop back immediately after the shooting star the next day n traded side ways.Currently its trading in an ascending triangle n nicely staying above the middle range of bolinger band.Should the 0.26 resistance level be broken,the next level will be 0.265 and 0.29.Take into consideration that ASB has risen frm a low of 0.15 quite recently that is on the 15th May.

However, a failure to stay above 0.24, the next support will be 0.23.
The downside risk will increase if the stop-loss of 0.22 is triggered.
Happy trading.

tsy88-Pelikan
After closing a high of 1.47 on the 20th May it was consolidating and today manage to scale above its consolidation line and if accompany with volume it might try to breakout frm the bollinger band at 1.59 level to a new resistance of 1.71 and 1.83.RSI,%K and Psar are showing positive signals.However failure to break the bollinger band it will trade sideways.

Supports can be found at 1.53 and 1.46.
A stop loss below at 1.32 level.
Happy trading.

tmr shud be able to test 0.35 and once broken it will scale higher.nice closing accompany with volume.techincally its at uptrend region.

KTB- agree with you weiping that KTB has broken symmetrical triangle and today scale above the bollinger band with volume. An uptrend is expected with buying interest as substantiated by the daily chart and daily oscillators are hooking up at the positive region suggesting a possibility of imminent resumption of uptrend.

Further upside targets are 0.35 and 0.395. If it manage to scale above 0.395 the next target will be 0.41.
Immediate support is 0.275 and 0.255.
Stop loss if 0.245 is violated.
Happy trading.

tsy88- Smrt
Your did a good entry at that price. Currently on a hourly live chart it is very bullish, set your own trading plan. Both the mother share and warrant has brkoe out of a bullish flag and if it manage to scale above the upper bollinger band of 0.73 it will retest the previous high of 0.745. If it manage to break its stong resistance of 0.745,next will be 0.83 level.The warrant is trading at cent to cent with the mother share.

Immediate supports are 0.66 and 0.60.
A stop loss at 0.585.
happy Trading.

spider99-pmhldg
The share price hit high towards 0.18 on the 12th of June with good volume and 0.175 the next day but volume decreased.The black candle show retracement of the share. Hammer has formed last Friday and today with the second hammer indicating a potential rebounce. Always apply a stop loss when trading.
Immediate support is at 0.13.
Resistance at 0.175 and 0.18 with volume.
A stop loss will at 0.115.
Happy trading.

nana88-Silk

Since share price has hit high at 1.05 with volume on the 10th June and followed by a hanging man,its suggested a sell signal. The overall uptrend is still intact as you mention nana88 but at current stage it's at a consolidation stage. All indicators are at negative region at this junture, keep an eye tmr, if it pull back n retest the 20MA@0.92 level.
Immediate supports are located at 0.92 and 0.875,while resistance are 0.975 and 1.05. A stop loss to be consider if it retrace below 0.875.
Happy trading.

tsy88-Benalec
Weekly chart still holding well for Benalec. Last Friday the fallen window looks like a breakaway gap, it may scale lower as currently its supported at 20MA and trading side ways. Watch if the gap is filled and volume increases for a reversal trend. I persume many stale bulls trap inside.Benalec need to scale with volume above 1.17 level to turn bullish.

Traders may buy if the stock stays above 1.15 level, with a close below 1.07 as a stop-loss. Resistance are at 1.20/1.23 and further targer 1.30 level.
Happy trading.

tsy88 & nana88-Seal
Agree with you tsy88 that the uptrend momentum for seal is still intact since it started its uptrend frm 2nd June.Last Friday, the share price broke above the ascending triangle looking bullish and triggering a buy signal.

Further upsides are targeted at 0.975,1.01 and 1.10.
Immediate supports are 0.855 and 0.815.
A stop loss is at 0.72 level.

DBHD-
DBHD may climb after holding above the 20MA line.It started to retrace after a shooting star formed on the 22nd April and a strong rebound is seen based on a T4 theory last Friday. A break above 1.70 accompany with volume will see DBHD testing the immediate resistance of 1.78 with a strong resistance at 1.96. If it breaks above the bolinger band with volume it may try to retest the previous high of 2.05.

Traders may buy if the stock stays above 1.65 level, with a close below
1.30 as a stop-loss. Immediate supports are 1.46 and 1.35. However, note that the stock could trend
lower or sideways if it fails to stay above 1.70 level.
Happy trading.

novice8-AZRB
Resumption of uptrend is expected as it breaks the ascending triangle and usually will followed by a continuation of an uptrend.AZRB has been consolidating since 16th May and I persume there are many stale bulls but today seen some buying interest as substantiated by the hourly chart and daily oscillators are hooking up at the positive region suggesting imminent resumption of uptrend.The uptrend will only continued accompany by volume.

Further upside targets are 0.745 and RM0.795. If it manage to scale above 0.795 the next target will be 0.835.
Immediate support is 0.69 and 0.68. Cut loss below 0.66.

sunshine96-Pansar
Tks Lz Lee Weiping for the fast response and I agree with you that its bearish for now, did a fast reading on the daily live chart and literally Pansar is not in play, no transcation done till now.Its trading in the middle bb band and it need volumes to move upwards.
Resistance 0.49 and 0.50 and if strong resistance of 0.50 is broken, the next level will be 0.52.
Immediate supports 0.47 and 0.46.
A stop loss below 0.46 level.
Happy Trading

superman88-pmhldg
Last nite reading of the chart shows positive region but due to world bank report and upcoming world cup fever weaken the mrkt sentiment.
Pmhldg is trading on a 3rd wave,a bullish wave n uptrend mode.If the uptrend with volume continues the next target would be 0.20 and 0.21.

Supports are at 0.155 and 0.145.
Stop loss at 0.135.
Happy Trading.

Joyous-KTB
KTB has been range bound trading for awhile.It need to break the 0.30 level accompany with volume to resume uptrend momentum to create a new high.Chart wise was at positive region based on ystr's closing but due to weak mrkt sentiment it lack of support now.If mrkt conditon do not improve I persume it would trade sideways to immediate strong support of 0.25.Keep an eye for volume and if 0.27 stays the next target is 0.29 and further it will scale towards 0.30.
Happy trading