Posted by Metta > 2013-09-19 23:48 | Report Abuse

Hi Bro Pathew

Long time no hear ? Mana u pergi ? Tot u hv migrated...u know wat I mean

Welcome back !

Posted by matrixcool > 2013-09-20 00:17 | Report Abuse

20th Sep

1)E&O—Need to break above the $2.07 (Doji formed on 12/09) if not would move side way. A break above will try the next Resistance at $2.10. If E&O can break $2.10 with volumes (at least double the average volumes) it will scale the $2.20 and previous high. Will limit losses if $2.00 is violated.

2) PRESBHD—A break above its next resistance at $2.16 with volumes will propels PRESBHD back to its previous high of $2.24 and beyond. Will buys more on any weakness for further play. Adjusted my Trailing stop to $2.05 to protect my Profits. Immediate support is adjusted to $2.10/$2.05.

3) PUNCAK—Forming “Flag” pattern with tendency to trade higher (boundaries of $3.00 to $3.18 & rising). Immediate resistance is adjusted to $3.13. Will protect my capital if my Trailing Stop of $2.99 is violated.

4) PERDANA—$1.89/$1.90 will be a good test for PERDANA, a break above this level signal completion of “Cup and Saucer” pattern & will scale higer. Immediate support is adjusted to $1.81/$1.76.
Exit if $1.76 is violated.

5) INARI---Break and stay above $0.885 today but volumes not too convincingly. It is expected to test next resistance at $0.92/$0.925 and if break may try previous high of $0.985.
Support is adjusted to $0.885/$0.86.
(Note: May lock in profits by selling into strength if $0.925 cannot be broken.)
My Trailing stop is adjusted to $0.86 if violated will sell to protect my capital.

6) ALAM—Finally bought in Alam at $1.47 after 3 previous failed attempts. ALAM open Gap up at $1.46 today with 2X Av Volumes to breakout from “Descending line” signal “Buy”. It is expected to test its immediate resistant at $1.54/$1.62.
Immediate support is adjusted to be the “Gap” support at $1.46/$1.43.
Exit if $1.43 is violated

7) DAYANG—Break above $4.78 with increased volumes completed the “Cup & saucer” pattern signal “Buy”. Bought Dayang at $4.79 and it is expected to trade higher to test next resistance at $4.94 & Strong resistance at $5.03.
Immediate support is adjusted to $4.76/$4.70.
Will cut losses is $4.70 is violated.

8) MUHIBAH—Bought in Muhibah at $2.26 today and sold 50% of my holding at $2.39 for day trade gains. It performed better than thought by breaking $2.35 & closed at $2.40. It is expected to break its immediate resistance at $2.42 and strong resistance is at $2.57.
Immediate support is adjusted to $2.32 /$2.25.
Exit if $2.25 is violated.

I am trading at my maximum of 8 counters, unless I cleared some counters tomorrow wouldn’t be monitoring any counter or buying into anymore counter.

The counter I am most keen now is Kimlun, IJM Land is still not readied yet.

HAPPY TRADING....Good Night !!

Posted by pathew > 2013-09-20 01:13 | Report Abuse

Nice updates, bro matrix!
Metta, I didn't go anywhere. Just that I am getting busy so not much time to trade nor check forums.

Posted by matrixcool > 2013-09-20 08:45 | Report Abuse

Bro pathew, Like sis Metta saying, it is always nice to hear from you again. Gunung rebounded like others yesterday, so many counters are bullish now it can be easily over trade because of greed. I hope to clear some of my counters soon. I prefer to trade about 4-6 counters, 8 is the Max.

kakashi—Welcome to our thread. TA definitely cannot win in stock but do offer a good guide to enter & exit. It is the risk management that will win $$$ in a longer run.
TA or Fundamental just 2 schools of thought, no one is right or wrong.For me I dint do well while traded on Fundamental, and TA helps me to recover lots of my earlier losses & I do enjoy reading charts and trade on them, the satisfaction is well worth.

CityTrader—Thanks for sharing about the percentage point at Breakout, so much to learn in TA.

Sis choolooi—I am happy to hear you made $$$ on some of your counters, trading Big or Small the most important is NOT to lose your capital.

HAPPY TRADING..

Posted by choolooi > 2013-09-20 10:13 | Report Abuse

Bro Matrixcool, I just off load GUH , 5000 shares , at 1.54.....
Now waiting for someone to buy Inari which I keyed in to sell at 0.895....

I want to clear outstanding positions as will be away whole of October.
Thanks for sharing so much of your trading strategies with me and other visitors to this thread.
Max 8 counters .... Haha I want to laugh at myself for I do have more than that , all in bits and pieces. This is the old Ah Yee type of trading ....::) :)

Posted by ProfitMan > 2013-09-20 10:40 | Report Abuse

Yeah, Inari looks weak. Just unloaded all my Inari-WA.

Choolooi, a bit here and there can make up to be a big mountain! Cheers.

Posted by jennylee1382 > 2013-09-20 10:48 | Report Abuse

matrix you are right talking abt the TA is a good guide to enter & exit.
if match with the FA is perfect.
but i don't know both of them.

Posted by lwalk > 2013-09-20 10:49 | Report Abuse

agree with profitman. took the liberty to sell off inari yesterday too. i guess still can climb if with better volume.

Posted by choolooi > 2013-09-20 11:53 | Report Abuse

Profit man, I truly hope my truncated hill will one day be uplifted to be a mountain, using Bro Matrixcool's strategies ..... Went thru a lot of heartaches and slash wounds.

Jennylee1382, I am in the same boat . Don't know TA but very elementary financial knowledge. Really now I am amazed at the info shared in i3 forums .....I really wonder how I did survive ..... I think the Luck element also comes into the picture in my case.

Bro Matrixcool 's thread is a very valuable and precious thread in the sense that he gives sincere guidance and honest evaluations...... The stop loss reminder is most helpful.... He reminds us all ..... Yes, . To buy or sell is our choice .... But he stresses on the exit point. This I find has helped me tremendously.
No emotions ...... Cut , cut and move on.....learning ah learning ..... :) :)

Posted by matrixcool > 2013-09-20 14:50 | Report Abuse

Sis choolooi, well done… It is ok if GUH may shoot back up, you enjoy your holiday. When you come back the market is always here.

jennylee1382—TA you can pick up quite fast if you invest into a TA book, learn them and slowly apply into the share market . Of course many times you will find that your reading maybe differ from the market movement. Learn from your mistakes, you don’t want to go through phases like me looking at the monitor and pray the stock will move up..The stock god may not be listening to us.

ProfitMan & lwalk , well done on INARI! A stock must justiy your confidence for greater profits. If not just cleared it and move on . I am still holding on my INARI until “Trailing Stop” level is triggered.

HAPPY TRADING...

Posted by pathew > 2013-09-20 14:52 | Report Abuse

matrix, when free go yum cha :D

Posted by choolooi > 2013-09-20 15:22 | Report Abuse

This is a happy thread . Big Boss throws out humour also .... "Praying stock God can hear and make prices go up """
Bro Pathew you only invite Big Boss ? What abt sister Metta and this GUH here.?.......profit man, htyeap125. ...etc ????
In today's edge financial daily one mr lee Cheng hooi mentioned MATRIX ... What a coincidence .... The word caught me eye as it was in big font.

Still waiting for someone to buy my Inari

Posted by choolooi > 2013-09-20 15:37 | Report Abuse

Bro Matrixcool, haha I think Stock God saw what I wrote.... And took away Inari T 0.895

Profit man hope you get a higher price for yours.

Posted by matrixcool > 2013-09-20 16:05 | Report Abuse

Sis choolooi—I am not “Big Boss”, like every one of you here, I am here to learn and help each other out ..
If there is a Yum Cha session I am sure everyone will be invited …Right Bro pathew?
Congratulation of selling off your INARI…Taking constant profits is the pathway to success. Then when the price move against you, please execute your Exit Plan too K?
HAPPY TRADING...

Posted by sephiroth > 2013-09-20 16:09 | Report Abuse

stock god might be on my side a bit, consistently let me vacum in the $$$ from fibon,guh,symlife and previously pantech, benalec, malton, gob,skpres

Posted by CityTrader > 2013-09-20 16:10 | Report Abuse

sephiroth, i dont agree. u do your home work & constantly service your vaccum so that it is powerful to able suck $$$.

Posted by jennylee1382 > 2013-09-20 16:11 | Report Abuse

choolooi and sepiroth i intend want to buy the GUH, pls give me a advise. what is the price entry and exit

Posted by sephiroth > 2013-09-20 16:13 | Report Abuse

jenny my entry point for guh adjusted for 6 sen dividend is 1.34, 1.29 & 1.24

Posted by sephiroth > 2013-09-20 16:15 | Report Abuse

CityTrader, u r quite true also, my vaccum from premium brand dyson (major client of skpres) that's why skpres gimme sapu 5 rounds of 3 sen profit and 1 round of 7.5 sen

Posted by sephiroth > 2013-09-20 16:17 | Report Abuse

jenny, i am no good on ta, mostly depend on fa

Posted by jennylee1382 > 2013-09-20 16:17 | Report Abuse

bro matrix what you sais is true, yeap sometime market bearish i pray with stock god for price going uptrend. i'm in the share market abt 2mths plus. talk abt TA now i start to learn anyone can guide me pls

sis choolooi you are better than me a lot. you already earn so much of money i just started only. hope yrs can help

Posted by pathew > 2013-09-20 16:17 | Report Abuse

bro sephiroth, play what shares now?

Posted by pirate99 > 2013-09-20 16:18 | Report Abuse

Wah lets go teh tarik... hope can join la...

Posted by CityTrader > 2013-09-20 16:23 | Report Abuse

Bro & sis, i believe i m not wrong. Those who wish to learn FA, pls consult bro sephiroth & i have been noticing that he is good in investing provided that u must have a great patient like him. We learn TA from bro matrix.

Posted by jennylee1382 > 2013-09-20 16:26 | Report Abuse

bro pathew call yam cha but i still not really make profit lol. but it is okay we go yam cha first. my email : jennyleeyl@gmail.com

Posted by sephiroth > 2013-09-20 16:26 | Report Abuse

pathew, niaseng...i mean mahsing,guh,symlife, ta, skpres(round 7),fibon just cabut few days with 20% profit(1 week gain),now high in $$$, can recommend any counters but not goreng type like wong,fcw, focal

Posted by sephiroth > 2013-09-20 16:28 | Report Abuse

CityTrader, learn fa from kcchongnz, ptaras up 50%, dsonic up 20%, fibon up 25%, i'm no where near him

Posted by pathew > 2013-09-20 16:28 | Report Abuse

lol, my recommendation ah?
buy benalec.... KPS come dy, SCABLE come dy (but still can masuk), Maybank comd dy (wait to buy back)....

ok boh my choice?

Posted by jennylee1382 > 2013-09-20 16:31 | Report Abuse

bro pathew what's the meaning come dy

Posted by CityTrader > 2013-09-20 16:31 | Report Abuse

For me being a trader, i sapu all counters inclusive goreng as i trade without knowing anything about the company background.

i would like to join u all for yam cha but am too far..

Posted by pathew > 2013-09-20 16:35 | Report Abuse

wah sephiroth, good le... got patience... need to learn from u...

Posted by sephiroth > 2013-09-20 16:35 | Report Abuse

pathew, benalec i already make 2 rounds profit(round 1, B 1.15 S 1.45, round 2, B 1.14 S 1.58) already boring with KWAP always behave like trader, KPS already price in all good news, not much upside, scable pe 40X, dont want la, maybank, still hold some from rights issue last time,2008, slightly below 3.00, profit + dividend, i think have to use my leg to count the profit

Posted by jennylee1382 > 2013-09-20 16:37 | Report Abuse

what is the entry price for GUH

Posted by choolooi > 2013-09-20 16:45 | Report Abuse

Real heartening to have such joyful activity in this MATRIX thread.

Jennylee , Inari is two day trade which I followed Bro Matrix ( or MY BOSS = I think he may accept me as his disciple. :) .....

Posted by jennylee1382 > 2013-09-20 16:48 | Report Abuse

sis choolooi you are very smart, two day trade make money. i'm a bit stupid so next got next good tips let me know pls

Posted by htyeap125 > 2013-09-20 16:53 | Report Abuse

jenny, no one is stupid in market, u juz need a bit of luck. For es, juz now i queue to buy dayang at4.78 after it sustained the test of 4.76 but din get any. Dont worry, u turn will come b'cos we have big boss (bro Matrix) here to help us, so dont worry

Posted by htyeap125 > 2013-09-20 16:57 | Report Abuse

i found this, may be some of u guys will be interested

http://www.tradesignum.com/screener/strongvoldecliner

Posted by jennylee1382 > 2013-09-20 17:03 | Report Abuse

htyeap Thanks for yr consolation. i hope next time yrs post can straight forward a bit coz i got zero knowledge of share hope yr don't mind

Posted by choolooi > 2013-09-20 17:07 | Report Abuse

Jennylee, I bot GUH at 1.48 and sold today at 1.54 after holding some time .

You read Bro Matrixcool's write up and follow if you wish what you want or pick.
But remember it is his portfolio ...which he generously shares so that others can benefit from his hard work....... Not asking you or any one else to buy ....
He takes care of his readers by giving the cut loss price.....he has a term for this .
I think he started this thread in late August ....
When I entered I saw Sis Metta and Bro Pathew already in this thread.

Posted by matrixcool > 2013-09-20 17:50 | Report Abuse

All Bro and sis, happy to see that this thread has attracted many genuine and sincere traders that want to share their experiences.
I think with everyone inputs maybe we can avoid more mistakes in the market.
I share my portfolio because it is most genuine way to communicate and also those that are learning TA can study the counter together.Hopefully someone can point out to me if i mis-intepret certain signal in chart.
But as i said TA cannot win in stock, your management of risks and taking profits & protect capitals will in the long run.

Bro htyeap125 , your link looks interesting. Will look into it this weekend...

Have an wonderful weekend...

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

Jennylee, I am not smart..... I am learning to discipline myself to preserve my capital.
Without capital how to trade?
Counters under rm 1.00 I buy 10,000 shares eg. Inari
Counters below rm 2.00 I buy 5000 shares eg GUH
Those more expensive I buy 1000 or 1500 shares.

Now I am changing my attitude towards the counters I hold. For example today , GUH ....
When market opened it was 1.59 .. Then 1.58 then 1.57 then in the red....I decided to sell , remembering my boss's words.... You have made some money from your holding .
Then I also keyed in for Inari 0.895 ... I had told Profitman my Target Price was 91 sen when he asked me yesterday .
Only in the afternoon did someone buy my 10000 shares.... So you can imagine the waiting period scenario
Bro Matrixcool had gone thru the whole motion and now has come out with his reminders..... So I must take heed if I am to " swim with the money sharks".
I am sharing this so that you too can make some money from the market
I do small transactions .....and am very happy to make some $$$$$ from the market

Earlier Sephiroth did mention some counters to Bro Pathew .

Happy weekend ....

Posted by ooi1955 > 2013-09-20 18:42 | Report Abuse

I am also new and I have bben following this thread but fear to venture in cos all here seems so professional until I read Jenny's post and all response is so warm and welcoming. I am a retired lady by the surmane of Ooi, born in 1955.I have been dabbling in shares previously but mostly thru my remisiers recommendation until I came across this forum and decide to take an active part in my own investment. I am only a small player so I need to be careful but sometimes I get carried away too... In this forum I find there are many good sifus & members here who genuinely want to help & share their knowledge. I am also in the learning process and I sincerely thank Mr. Matrix and all here for their generosity.

Posted by matrixcool > 2013-09-20 18:49 | Report Abuse

ooi1955 --Welcome to our thread. Dont worry everyone is learning and if you have anything to share just let us know..We have technical & FA traders here maybe we can learn from each other.

Have a nice weekend...

Posted by pirate99 > 2013-09-20 18:55 | Report Abuse

Welcome to the roller-coaster world Mrs.Ooi.. :)

Posted by rubberneck3 > 2013-09-20 20:05 | Report Abuse

This thread is really enlightening with everyone sharing their experiences and knowledge. All this thanks to matrixcool effort to begin it.
As a beginner in the share market and tripping a lot since I started in July, I'm really thankful to come across this thread. I'm starting to learn reading the charts using the links htyeap125 provided. (Thank you, htyeap125)

I've bought Inari at 0.88 but I didn't manage to escape today. (Oh no!)
Another hiccup for me to learn. @.@

Posted by Metta > 2013-09-20 20:08 | Report Abuse

Bro Matrix

Ya missed out completely on KPS n Alam....sigh. Bro Matrix m still holding Puncak. Hv u offloaded ? Ned to give SI to my remisier as will b off for my vacation tis weekend.

Bro Matrix n Bro htyeap , GOB how's the chart ? Still hovering ....is it convincing enough to move in ?

Rgds

Posted by Metta > 2013-09-20 20:11 | Report Abuse

Bro Pathew, wow u really create a festivity mood here lah....with ur Yum Cha session.

Looks like Bro Sephiroth is d biggest winner here.... so Yum Cha shud b on him . Wat say u ? Hahaha

Posted by ProfitMan > 2013-09-20 20:43 | Report Abuse

choolooi, great to know you manage to sell Inari. I sold off Inari-Warrant which I went in for short term play. I am still holding on to Inari. My TP is 98sen depending on the momentum of the share and like Matrix said, the break out price of 92 sen. Anyway, enjoy your profits.

Posted by CityTrader > 2013-09-20 21:40 | Report Abuse

Hi Bro Matrix

Am looking at Engtex which it has formed Ascending Triangle Pattern. The strong resistance is 1.30 which there were 3 failed attempts to break. Volume has exceeded 30MA for the past 6 days but candle pattern has indicated unfavourable to the bullish upside; Evening Star with dreadly Doji was formed & it gives me impression that the bull & bear are fighting hard each other. RSI has almost touched 70%. From the chart, i predict the price may surge to break 1.31 if huge vol exists. Hence may i have your view by looking this chart.TQ

Posted by choolooi > 2013-09-20 22:00 | Report Abuse

Profitman, I hope next week you can get your target price for Inari.... Then when I am back in November , you can give me your happy news....
Bro Matrixcool is also going away ...... Taking a sabbatical..... So to say..
Sis Metta will also be on holiday
So Bro Pathew, pls check with Big Boss when he is available before u have your yam cha.....
Htyeap125 also used this title this evening in his reply to jennylee.... I couldn't help but laugh..... He definitely deserves this title..... He has a sense of humour too....." Stock God" ,......
I was in stitches when I read that .....
Sephiroth also used this term.....

Yes this is a happy thread, a valuable and precious gem to be viewed by one and all.