Posted by jennylee1382 > 2013-09-18 11:34 | Report Abuse

what do u all think abt instaco and instaco warrant?

Posted by chennee > 2013-09-18 11:38 | Report Abuse

I am holding 50 lots each

Posted by jennylee1382 > 2013-09-18 11:41 | Report Abuse

can someone share the pro TA chart here

Posted by ProfitMan > 2013-09-18 13:01 | Report Abuse

jennylee, if you trade online, TA charts are easily available. If not, you can try to get access them through yr remisier.

choolooi, whats yr tgt price for Inari?

Posted by jennylee1382 > 2013-09-18 13:04 | Report Abuse

i'm trade online but online TA chart wouldn't show you when is resistant time, when to buy and sell

Posted by choolooi > 2013-09-18 13:20 | Report Abuse

Profitman ,
i managed to get 7000 shares this morning before inari went 0.88 sen. ...( only this amount ). My TP is 0.91 sen as Matrixcool gave resistance 0.925 .i shall be very happy if Inari hits 0.91 in the next two days.
I do not intend to take up positions as I shall be away for a long time and Internet is not easily available .

Posted by htyeap125 > 2013-09-18 13:46 | Report Abuse

i am still not confidence to take position b4 the FOMC meeting, if not, i would have pick up fibon juz now after it breaks 0.37 haiz........

Posted by sephiroth > 2013-09-18 14:33 | Report Abuse

matrixcool, can you check the chart for GUH. seems bullish

Posted by JaniceLove > 2013-09-18 15:09 | Report Abuse

I agree with sephiroth...GUH is bullish but RSI is now at 67.83, may retrace soon I guess, correct me if i'm wrong.

Posted by Hot.T > 2013-09-18 15:14 | Report Abuse

MatrixC..i'd also like to thank u for d thread u started here..although i hv yet to make any $$, some "followers" here have!and i think most would have come to a junture when it came to 50-50..to sell or not to sell!i, and i think most of us here, would appreciate ur TA and knowledge transfer from a chartist point of view.keep up the good work bro and i hope we not only make more $$, but also have a more indepth skill at TA!i'm waiting to make my first $$ base on TA reading coz as now bullets all used up!!prob soon as the counters are near breakeven! :)

so in the meantime, am going thru the motions to gain TA knowledge.theory so far so good. but practical is a different story. :)

Sephiroth, doesnt GUH seem to hv shot up already?

cheers for now.

Posted by choolooi > 2013-09-18 15:41 | Report Abuse

Profit man,
Just got the balance 3000 shares of inari....
The volume is not fantastically high.


Htyeap, I did make a small amt from Rubberex, following Bro Matrixcool in the earlier days of this thread
I hope when your turn comes you will collect a big harvest.

Salcon is rising from the ashes at this moment

Posted by ProfitMan > 2013-09-18 18:08 | Report Abuse

choolooi, good for you. Accumulated 10 lots too. Usually prefer to buy when volume is hot high. Lets hope it breaks out of 90 sen soon.

Posted by matrixcool > 2013-09-18 20:44 | Report Abuse

Wow..so much activities in our threads and happy to see more investors here together. Remember we are here to make $$$ and friends, as long as we are genuine, everyone please share your knowledge in good will.

Sis choolooi—We will miss you when you are away for a month in October in upper Burma, me too I will be away from 6th to 22nd Oct going to Huashan, Xian & Thailand. Your cost of INARI is also about same as mine…Whatever you do don’t over trade…I know buying is like drug addiction…

ProfitMan--I was like you, trade on fundamentals and lose tons of $$$ that I need to go back to works and re-build my capitals. Technical is not 100% either but if we are discipline at least we get rid of those stocks at certain levels and move on..Last time I used to live in hope that the counter should rebound because it is so fundamental sound, then 1 quarter they misses the expected earning it is all the way down…
Do share with us your TA knowledge and let us know when you spotted some good counters.

jennylee1382 --- what charts you need me to send to you? If you want to learn TA first thing is to invest into a TA book. I think Bro htyeap125 also share some free links.
Abt scable, oka, instaco and instaco warrant, I can only help to look over the weekend for you. Bro htyeap125 did give a TA reading on Scable.

Bro htyeap125— As a TA, you should pick up fibon juz now after it breaks 0.37 because that is a Break out… I told sephiroth a falling window with a “Doji” could be a Trend Reversal if that fallen gap is closed and beyond ? A “3 River Morning Star pattern” happen to Fibon today how often we can meet such a chart pattern?

Abudance---I am not sure why SCable keep dropping,I have not see the chart yet. If you are trading because of fundamental or some experts suggested TP because of next year EPS, I am not saying they are wrong but you might need to wait for a long time with your capitals tied up.

davidlee—I will look into the chart of Success for you over the weekend or Bro htyeap125 like to help out?

sephiroth—I am happy you make $$$ on Fibon..I will look at the chart GUH over the weekend.

chennee- Welcome to join us, just remember don’t over trade.

JaniceLove--- Thanks for your comment about GUH, RSI at 67.83 doesn’t mean it will retreat.

Hot.T –You are right, theories and practical is totally difference. Take out your emotions or special love for certain counter, then charts tell better pictures.

HAPPY TRADING….

Posted by CityTrader > 2013-09-18 21:31 | Report Abuse

Those who are interested to learn chart or TA, i attached herewith the link & no harm to take a look.

http://thepatternsite.com/chartpatterns.html

Posted by Metta > 2013-09-18 22:45 | Report Abuse

Hi Bro Matrix

Totally agree wth Sis choolooi . The positive chi u hv created definitely hv attracted many friendly and helpful ppl in tis thread. Remember in d early days it was juz Bro Pat, Iwalk and d few of us...V can hv u all to ourselves...hahaha.

M glad to know tat there r so many good man around... thank you to all who hv shared generously . I for one hv benefitted from all your generous sharing. Kamsamidah ! By d way Bro Matrix looks like u hv a gud assistance in Bro htyeap...hahaha

Bro Matrix, today was on a look out for Puncak again when it break below RM3.00...aiyah dint take position in view of FOMC n b going for a short vacation . Rebounded well.. M still holding the balance. Chart still healthy ?

Oops so u r going off again... V gonna miss ur daily commentary. Remember to bring back some terracota warrior when u r in Xian ...ya

Rgds

Posted by choolooi > 2013-09-18 23:06 | Report Abuse

So glad to have city trader giving a helping hand as well.
I shall learn some TA to keep my brain active.
Htyeap125 did give some links earlier and I started my tuition from there. ( YouTube)

Bro Matrixcool , now I know why your nick has been bugging me for some time.... The movie "MATRIX " starring Keanu Reeves......the Special One.....haha .... One of my favorite trilogies

Good night

Happy collection for all .

Posted by htyeap125 > 2013-09-18 23:42 | Report Abuse

I think today is an exciting day for many investors here. I was busy in the afternoon and didn't know that puncak WB was back above 2.32, good news to myself, anyway.

For success, the buy signal came in on 10 Sept when there is an inverted hammer. Today it managed to breakout from 1.10, the immediate resistant with increase volume. However, a very strong resistant is at 1.20 follow by 1.25. I am unable to obtain the MA 20 reading as Kenanga's system has some problem with it.

Posted by matrixcool > 2013-09-18 23:58 | Report Abuse

19th Sept

1) E&O—Confirmed the “Doji” formed on top on 12 /09, unless $2.07 is taken out it is expected to trend side way or downwards. Tested support of $2.00 still holding & prices are stalling. Will limit losses if $2.00 is violated.

2) PRESBHD—It is expected to test its next resistance at $2.16 & previous high of $2.24. Adjusted my Trailing stop at $2.00 to protect my capitals. Immediate support is adjusted to $2.05 & strong support at $2.02.

3) PUNCAK—Formed a “Spinning Top” today indicates some weakness. Tested my Trailing Stop level at $2.99 and hold. Immediate resistance is adjusted to $3.09 if break will try $3.13 & $3.20.
I will clear if the Trailing stop at $2.99 is violated to protect the capitals.

4) PERDANA—Still under consolidation, $1.76 was not violated today which is a good sign. It needs to break and stay above $1.83 & next resistance is at $1.89.
Exit if $1.70 is violated.

5) INARI---Form a “Doji” today, price is stalling. Inari needs to break above $0.89 to test its immediate resistance at $0.925 and if break may try previous high of $0.985.
Support is adjusted to $0.86,exit if $0.83 is violated.

I am monitoring these few counters for possible short term trades
1) IJM land— Today form a “Doji” so unless it move above $2.67 it is most likely to consolidate towards support of $2.60/$2.55.
2) Muhibah—May start to collect Muhibah if $2.13 is not violated. Immediate resistance is at $2,26 if break will test $2.35.
3) This is the 3rd time Alam is back into my buying list, a break above $1.44 signal Buy & confirmation of uptrend if break and stay above $1.47.
4) Dayang—Back to my Radar. A break above$4.78 with volumes may take it back to its previous high.

Other counters that are on my radar are Kimlun,Supermx,Gtronic.

P/S Missed KPS totally,was waiting for it come near $2.16 but no luck !!
HAPPY TRADING and Good Night...

Posted by Frank Soweto > 2013-09-19 00:27 | Report Abuse

not too big on TA but sometimes it's good to learn from the experts and this Matrixcool is sure one cool guy that takes the time to share here for the ones I have - E&o :) thanks for the updates :)

Posted by matrixcool > 2013-09-19 12:22 | Report Abuse

CityTrader—Thanks for sharing link. Are you a TA too? If so do share your knowledge so we could learn together.

Sis Metta—Ya,Bro htyeap is very good in charts reading. I can only help those over the weekend to look at their charts. Trading days is difficult for me.
I travel a lots will be away from 24 to 30th this month too. Nov from 6th to 22nd & Dec also will be away from 1st to 22nd Dec. Anyway will try to find internet café to lock in but may not be able to access my charts.

Sis choolooi, "MATRIX " is definitely one of my Top Fav movies.

Frank Soweto—Thanks for your comment and welcome to our thread. I have traded E&O few times and this is the longest period I am holding because it is moving side way and my $2.00 level is yet to be violated.
HAPPY TRADING….

Posted by jennylee1382 > 2013-09-19 12:27 | Report Abuse

matrixcool and franksoweto if yrs want to teach me and guide me , i willing to help too

Posted by jennylee1382 > 2013-09-19 12:28 | Report Abuse

matrix the day i asked you to help on these three counters. how is it?

Posted by CityTrader > 2013-09-19 13:05 | Report Abuse

Hi matrix, i m only "p" TA n i like yr postings very much. Keep up good works.

Posted by ProfitMan > 2013-09-19 13:05 | Report Abuse

Matrix, you're right, technical is not 100%. At least now, I know roughly where the entry and exit price is. I have not mastered the charts yet but I can see you guys are very good with it. So, I am not in a position to comment like you guys. I do use the Bollinger band a lot in conjunction with MACD and Volume chart.

I would be happy to share info if I spotted some really good counters. I was into DKSH and Scientex previously but I have liquidated everything. I am now eying DKSH for 2nd round. Besides Inari and others, am currently into Engtex. It is in the 1.20 range now and I am looking at between 1.40 to 1.50 as my exit points.

I am impressed and attracted with your thread here as the people are friendly, knowledgeable and unselfish in sharing info. Keep going.

Posted by jennylee1382 > 2013-09-19 13:14 | Report Abuse

how do yr think abt this counter hubline

Posted by htyeap125 > 2013-09-19 13:30 | Report Abuse

jenny, are u able to extract the chart by now? u can start learning TA from the basics in the link i post here. Those are the basic. For your instanco, it is moving sideway but gravestone doji appear in this morning's trade, which may not be good. Immediate resistant is at 0.28 and support at 0.255 Historically, a doji was formed on 19 Aug after a run up, followed by a dark cloud cover the following day signal a strong trend reversal.

Posted by Hot.T > 2013-09-19 13:36 | Report Abuse

Hi jennylee..matrixcool..and d rest. THIS i think i may help rgding Hubline..though not in TA view. I did post on the scenario surrounding Hubline ie the co, industry, risk and mitigation, strategy etc in the Hubline thread. Unfortunately, i'm having my physio session n no access to my laptop for me to copy paste here. Perhaps u may wanna refer to Hubline thread less than 2 months back. Hope it helps.

Posted by jennylee1382 > 2013-09-19 13:37 | Report Abuse

htyeap125 sorry i didn't the link. could you kindly post here once. TQVM
and is this a good counter for holding

Posted by Hot.T > 2013-09-19 13:38 | Report Abuse

Above for extra reading... :)

Posted by jennylee1382 > 2013-09-19 13:40 | Report Abuse

hot.T i show the co billion power s/b buy a huge shares fm this co

Posted by htyeap125 > 2013-09-19 13:47 | Report Abuse

jenny, below are the links

http://www.informedtrades.com/f152/

http://www.informedtrades.com/trades.php?page=freetradingcourses

Personally, i would not hold this counter. u can oso see a double top formed in mid aug. If i have this counter, i will switch to counters on maxis' radar, better chances of recovering losses, if any, from instanco. Fundamentally, this company was making a loss in the last FY, and i don't fancy loss making company.

Posted by Hot.T > 2013-09-19 14:03 | Report Abuse

Yup that was noted jenny. But i think left hand right hand magic show! tanker mkt x foreseen to recover for d next 12 - 18 mths (it seemed). + oil price keep escalating + tanker supply exceed demand. Unless they bite the bullet n do a Maybulk, same industry but switch operating vessel type, biz and financials shud improve. Currently bleeding! Conclusion both TA/FA not +ve. Am sorry for those holdingthe shares.

Posted by jennylee1382 > 2013-09-19 14:05 | Report Abuse

htyeap TQVM

Posted by jennylee1382 > 2013-09-19 14:09 | Report Abuse

htyeap if i sell instaco now will loss on it

Posted by jennylee1382 > 2013-09-19 14:13 | Report Abuse

hot.T you mean Hubline is not a good counter

Posted by miketyu > 2013-09-19 14:34 | Report Abuse

Dear all sifus, what apps can i use or which software should i use to monitor the candlesticks of particular stock?

Posted by jennylee1382 > 2013-09-19 14:37 | Report Abuse

yeap any free software to monitor the stock when is the time to entry and exit

Posted by ProfitMan > 2013-09-19 15:14 | Report Abuse

Correct me if I am wrong, but i don't think there is any free software that indicates when to buy and sell.

Posted by Hot.T > 2013-09-19 15:20 | Report Abuse

Jenny..am not saying Hubline is not a good co...more of industry does not permit...

Posted by sephiroth > 2013-09-19 15:27 | Report Abuse

jennylee, better DON'T buy Hubline, 9 months losses RM192.9m or 6 sen per share, nav now at 0.14, if every year minus 5 to 6 sen, then RIP

Posted by fireball > 2013-09-19 15:29 | Report Abuse

hubline is the same category as Patimas , luster, CSL, Tiger, take u to Holland kan..

Posted by htyeap125 > 2013-09-19 15:44 | Report Abuse

jenny, i do not know any free website that provides u with the buy n sell signals. We only interpret ourselves from the chart itself.

There has been no trend for hubline since May 2012. So, there is nothing to interpret. I agree with fireball, dont touch hubline

Posted by CityTrader > 2013-09-19 15:48 | Report Abuse

I dont know whether i m right or wrong. Matrix pls help to correct my mistake as i m still learning. TQ alot

On 170913, Guh's price gap-up to 1.48 break-out the recent high & under normal gap-up situation, there should be a heavy profit take next day but vol was diminishing on 180913. On 190913, price didnt form close or partially close the gap to form exhaustion gap but price shot to the new high at 1.50 thus i predict it should be on the uptrend hence i entered at 1.50. TP=1.48 x 8% =1.59.

Posted by matrixcool > 2013-09-19 17:14 | Report Abuse

jennylee1382—The 3 counters you mentioned I promised to look into them on weekend for you.
For TA you have to start on your own by either invest into a TA books or learn the basic on the links put up by Brohtyeap125 & CityTrader. I would like to suggest once you learn the basic try to read the chart and post here to tell us what you read, maybe we can guide you from there.

miketyu ---ProfitMan & Bro htyeap125 r right…There is no “Holy Grail “you need to learn and interpret the candlestick chart yourself.

Hot.T—Thanks for helping out on Hubline.

Bro htyeap125, thanks for sharing instanco & Hubline chart reading.

ProfitMan—Thanks for sharing your counters with us and hopefully they move to your targets. Remember in stock trading Selling is the most difficult part.
I hope CityTrader analysis is good for you on GUH.

CityTrader—Thanks for sharing link. Are you a TA too? If so do share your knowledge so we could learn together.
I am impressed on your analysis of GUH chart and workout the new target of $1.58. Can you tell me how you derive the TP is at 8% from $1.48?

fireball—Welcome to our thread , would appreciate if you could share with us the reasons why those stocks you mentioned are going down.

HAPPY TRADING....

Posted by choolooi > 2013-09-19 21:54 | Report Abuse

Bro Matrixcool, can you pls take a look at GUH when you are at the counters on your radar ?

I only hold 5000 shares which I bought sometime ago at 1.48.
Thanks

Posted by matrixcool > 2013-09-19 23:03 | Report Abuse

Sis choolooi, for GUH it is not in my watch list.

I am impressed by CityTrader analysis on GUH he predicted that GUH can hit $1.58 today and it did.
Anyway chart wise GUH is very Bullish and price is into un-chart territory, it has an immediate target price of $1.68 (By Calculation & this is pure paper theory) if $1.58 is taken out with volumes .Immediate support is adjusted to $1.48/$1.45.

Since you bought at $1.48 like many traders the “Greed and Fear” factors come in (worry that if you sell it will move much higher and scare if don’t it may start to come down), this is the time you need to make a decision to sell into strength or set a Trailing Stop to protect your capital or profits.

That is what I meant when I said you must have an exit plan before you buy to take out that ‘Greed and Fear” factors. As I always say, selling is the most difficult part of trading. Once you master this & take emotion out of the trading I am sure you can find $$$ in stock trading.

HAPPY TRADING.....

Posted by pathew > 2013-09-19 23:08 | Report Abuse

Wah matrix new celebrity here...
Wasted I didn't buy my gunung.... Now berapi already

Posted by kakashi > 2013-09-19 23:12 | Report Abuse

Matrix. .You are right on the fear n greed...also selling is the most difficult part..
Nonetheless. .do you think purely technical analysis can win the stock? Most books teach on fundamental analysis and it seems to be proven

Posted by CityTrader > 2013-09-19 23:20 | Report Abuse

Hi matrix, i apply the method taught by the link i attached in my previous posting. 8% is the avy fig i use to cal my tp break out from recent high which was 1.48. The avy % is ranged from 5% to 15%. I have applied in all stocks which have broken out from new high n so far my record shows me 85% correct.

For Guh, i predict the upside trend is strong n price may upside to next tp 1.70 near to yr tp. Later it may retrace. Now i jst knew this co is issuing bonus 2 to 1. Since uptrend is strong, i will set autopilot to let it cruise til the trend is broken.

Pl correct me if i m wrong as i m stil a "P" TA. Will b one year this nov.

Posted by choolooi > 2013-09-19 23:39 | Report Abuse

Thx Bro Matrixcool for looking into GUH.
Yes I do remember you reminding me to set an exit plan for all my trades
You also told me to cut out emo ...which I did when I sold off KSeng and Pintaras.
I made some $$$ on them as I am a small trader .
I have so much to learn in order to make money.....
Haha .... Thanks for your guidance

Thanks City trader for your sharing on GUH .
I think Bro Pathew is back.

Happy collection and good night.