Posted by chong ls > 2014-05-18 08:12 | Report Abuse

Dear TCB, a very good morning to all. Thank you for getting valuable TA knowledge and helpful yet sincere trading advices. My hat's off to you all.
Wishing this new thread 开张大吉，一帆风顺。huat aarrrr.......

Posted by azrylamyr > 2014-05-18 08:38 | Report Abuse

TCB, can you read TA for MPAY pls..TQ.

Posted by davidlim07 > 2014-05-18 09:01 | Report Abuse

Hi TCBian.. Great to have this thread..Hopefully all of us can huat arr.

Posted by kheng > 2014-05-18 09:07 | Report Abuse

Dear TCB, just made a mistake of buying on news for THHE. No regret but plan for an exit plan to cut loss. Need your help to read its chart to facilitate my said plan. Thks in advance.

Posted by zu1967 > 2014-05-18 09:10 | Report Abuse

Kheng. Thhe is going south. Support level 90 cents. My opinion only.

Posted by novice8 > 2014-05-18 11:10 | Report Abuse

ha! i am in !

Posted by choolooi > 2014-05-18 11:19 | Report Abuse

Chong Is,
So nice to see your good wishes as the first post for this new thread.
All bursa traders need and want smooth trades. Thus your wishes come in very timely.

Posted by inwest88 > 2014-05-18 11:21 | Report Abuse

# Heartiest congratulation to matrix and all who have set up this thread for the benefit of the ordinary investors / traders.

Posted by kheng > 2014-05-18 11:23 | Report Abuse

Zu, thanks. Is 90 a major or minor support? Plis advise.

Posted by davidlim07 > 2014-05-18 11:25 | Report Abuse

Dear TCB.. can u look into KPS?

Posted by nana88 > 2014-05-18 11:41 | Report Abuse

Morning to all at TCB.

Posted by htyeap125 > 2014-05-18 11:54 | Report Abuse

Wishing all on board TCB making handsome profit from Mr Market all the time..... cheers

Posted by winwinborn > 2014-05-18 13:04 | Report Abuse

Dear TCB,
Good Day!. Wishing all on board TCB always having winning stocks from Mr Market .

Posted by matrixcool > 2014-05-18 14:06 | Report Abuse

18/05/2014

Invest88, thanks for supporting our new thread. Chart for:

LIANHOE—After hitting a high of $0.415 it consolidated to a new low of $0.335, the big pull back may have shaken lots of traders out. It is rebounding from the new low and last Friday formed a Bullish White Candle. Any further rebound should find its next resistance at $0.395/$0.40, very strong resistance is at its previous high of $0.415. With such a big pull back it is doubtful the previous high can be taken out soon unless with big volume to clear those overhang on traders that were caught on the high. Any weakness should find immediate support at $0.375/$0.365. Exit if $0.33 is violated.

Happy Trading..

Posted by winwinborn > 2014-05-18 14:24 | Report Abuse

Dear TCB,
Kindly assist to analysis for Ideal. Much Thanks.

Posted by Joyous > 2014-05-18 14:32 | Report Abuse

TCB...congratulation on your new thread opening!! All the best and Huat Huat to you guys!!

Posted by swee_on > 2014-05-18 14:44 | Report Abuse

Dear TCB, I am checking in to this new thread!

Posted by fireball > 2014-05-18 16:45 | Report Abuse

congrats matrixcool n gang on TCB..wish all huat2 kaw kaw always...

Posted by james70 > 2014-05-18 16:53 | Report Abuse

Many thanks for your generous offer to the I3 members.

Posted by inwest88 > 2014-05-18 16:55 | Report Abuse

matrix - thanks for your input on Lienhoe

Posted by matrixcool > 2014-05-18 16:55 | Report Abuse

TCB would like to thanks everyone for the best wishes..We really appreciate it !

Kheng—Sorry to hear about your mistake of buying on the news. It is quite true when the news is out all the prior price movement had factored that piece of news already.

Zu1967 thanks for helping out Kheng on THHE.

THHE—Formed an “Engulfing Bear” last Friday during uptrend movement which has Bearish implication. More downward momentum can be expected from THHE until this “Engulfing Bear” is taken out.Immediate support adjusts to $0.93/$0.915. Very Strong support is at $0.89.
Normally in the situation like this depends on what kind of trader are you:
a) For short term (aggressive) traders we will clear on any opportunity and no confirmation candle is required. And re look at the counter again after the “Engulfing Bear” is taken out.
b) For conservative trader, you can wait for the 3rd confirmation candle that if it closed below $0.945 tomorrow that means it is moving downward.

Hope this helps !

davidlim07

KPS-Very Bearish and stage 4 of the cycle. It found a new low at $1.40 two days ago, but whether this is the new bottom is yet to be tested (If $1.40 is indeed the new bottom, that means stage 4 of the cycle has ended KPS should start stage 1 of the new cycle).
Last Friday it formed a Bullish White Candle with volume imply maybe more rebound to its immediate resistance at $1.57/$1.60.If break the next strong resistance is at $1.68.Any weakness should immediate support at $1.48/$1.44. If you are thinking of bottom fishing, make sure you set your Exit if $1.40 is violated.
Note: The problem with stock that just ended with stage 4 cycle has lots of overhangs to clear.

Happy Trading..

Posted by azrylamyr > 2014-05-18 17:32 | Report Abuse

How about MPAY?

Posted by kheng > 2014-05-18 17:41 | Report Abuse

Thks a lot Mat for guiding me on the exit plan. Will monitor closely per your advice. This buy on news bad habit is hard to get rid of. Will find an effective vcs as reminder to overcome it.

Posted by PUNK123 > 2014-05-18 17:43 | Report Abuse

Say Hi to matrixcool and gang for the new thread. Willing to learn from you all. Wish u all huat huat alway. More and more good thread in I3 here that can learn each other. It's so good.

Posted by Dale27 > 2014-05-18 17:48 | Report Abuse

Dear TCB, thank you for starting this thread. Looking forward to learn from all of you!

Posted by Bravo > 2014-05-18 17:51 | Report Abuse

Dear TCB,

Could you share with us the chart of PJDEV-WC? He is very bullish now, just I have a problem. I do not know how to set my trailing stop. :)

Thank you very much!!!

Posted by matrixcool > 2014-05-18 18:16 | Report Abuse

azrylamyr, Mpay is covered by Yoda88, he will update the chart for you tonight..

Kheng --You are welcome, we are here to share and learn together.Candlestick may tell us the price is going to reverse, but it can"t tell us how much and for how long.

PUNK123 , Dale27 ,do share with us your TA of your own stocks. That way we can discuss and learn together..

Bravo--will look at PJDWC Trailing Stop for you later..

Happy Trading..

Posted by Dale27 > 2014-05-18 18:19 | Report Abuse

Matrix, sorry I know nothing about TA. FA I am ok la :) Need to learn from you all.

Posted by SafeWin > 2014-05-18 18:24 | Report Abuse

Dear TCB, I wish all participants learn to follow the 7 golden guidance disciplinary. I am one of the learner.

Posted by matrixcool > 2014-05-18 18:26 | Report Abuse

Dale27 --No Problem, you need any TA help on your stocks just post it here and we will do our best..

We also welcome if you want to share your FA knowledges on any stocks we have done the TA here..

Happy Trading..

Posted by jass > 2014-05-18 18:32 | Report Abuse

Dear TCB, can u help to look at MMSV. thanks so much:)

Posted by livermore > 2014-05-18 18:45 | Report Abuse

Dear TCB,

Could you have a look at Dsonic.Have been trapped for sometimes. Looking for escape plan based on TA.

Profound thanks for TCB....

Posted by yoda88 > 2014-05-18 18:45 | Report Abuse

MPAY is in the bullish region as it manage to stay above the 50MA. Volume is healthy. If 0.345 resistance is broken it might scale higher to 0.385 level and failing to stay above 0.30 it will trade side ways. Traded MPAY last Friday on a intraday play and will be taking position on Monday at 0.31/0.32 level with a stop loss of 0.285. Always trade with a plan.

Posted by azrylamyr > 2014-05-18 19:01 | Report Abuse

mr yoda88 and mr matrix, tq. :)

Posted by lfctrade > 2014-05-18 19:21 | Report Abuse

Good evening everyone in TCB... would appreciate a look at KTB.
Thanks a million for the wonderful service and advise you offer in this forum...
May God bless you all for the good karma.

Posted by Carlsraj55 > 2014-05-18 19:25 | Report Abuse

Dear TCB, thank you for starting this thread. I am in and hope all ppl keen in learning & improving their trading skill participate with positive attitude. Do not use this thread to start hitting out & ridiculing others. TQ and all the best !

Posted by ameen007 > 2014-05-18 19:26 | Report Abuse

Good evening to all in TCB. Thank you for setting upthis thread. Hope to learn from this.

Posted by matrixcool > 2014-05-18 19:33 | Report Abuse

Bravo—Everyone is different when come to set Trailing Stop, some use indicators like SMA,stochastic etc to set their Trailing Stop.

I would like to share with you my method of setting Trailing Stops and some other traders might not agree with my way.

PJDWC—Last Friday formed a Hammer at Top (A candlestick warning, but need confirmation), I will be watching whether it can break $0.82 or not to test its previous high of $0.83 and beyond.
Now you look at next meaningful supports, immediate support is at $0.765, next support is at $0.735. So you need to ask yourself how much you are willing to give back if you cannot sell say at $0.82/$0.83? The Greeds and Fear factors come in.
You can also draw an uptrend line joining the lows from 3/32014,17/03/2014,29/04/2014 and set your Trailing Stop if this uptrend line is violated. ( As of today it read $0.75).

That says it actually breaks above $0.83 and into uncharted territory, then you may want to set your Trailing Stop just below $0.82 and if it keeps going up you keep adjusting upwards.

The decision is yours, I can only share my method with you.

Hope this helps.

Happy Trading..

Posted by matrixcool > 2014-05-18 19:49 | Report Abuse

yoda88 ,Thanks for helping azrylamyr on MPAY.

Just a word of cautious: MPAY could be developing into what we refer as Bearish Flag pattern, make sure you exit if that flag support is broken.

Thanks

Posted by Bravo > 2014-05-18 20:26 | Report Abuse

Thanks matrixcool, I like your trailing stop method! I will keep on eye on this counter :)

Enjoy your night there hehe

Posted by matrixcool > 2014-05-18 20:33 | Report Abuse

jass & winwinborn ,SF is looking into the charts for both of you. The TA for your requests will be posted later tonight.

livermore ,

DSONIC—May have found a new bottom at $2.59 on 16/04/2014 and did rebound to the high of $3.87 on 21/04 before start to consolidate again. It is developing into Descending Triangle with the neckline at $3.22 which normally has Bearish implication unless it could break out from the descending line with volumes. The price reversal will start if Dsonice break and stay above $3.60 to test its $3.87 and strong resistance at $4.00. Exit if $3.22 is violated with volumes that means it is heading back southward and to be avoided at all cost.

lfctrade

KTB-- it is in the bullish stage 2 cycle. Any consolidation should find immediate support at $0.255, if fail to hold next Gap support is at $0.24/$0.235 ( A break below show weakness). For KTB to scale higher to continue its stage 2 upward movement, it must break and stay above $0.31 with volume. KTB has a very important support at $0.205 which is the neck line support of a possible “Double Top” formation which has Bearish implication. Exit if $0.205 is violated with volume.

Happy Trading ..

Posted by lfctrade > 2014-05-18 20:45 | Report Abuse

Tks for the advise and info Matrix

Posted by tccher > 2014-05-18 20:53 | Report Abuse

Matrixcool, we hope you can keep on posting your trading stock here, this is very useful to those newbies like me and your followers , really we learnt and gain a lot from your thread . Thank you !

Posted by livermore > 2014-05-18 20:54 | Report Abuse

Thank you very much matrixcool and tcb.....

Posted by stay_foolish > 2014-05-18 20:57 | Report Abuse

WinWin

Ideal - It has been consolidating for almost 3 years (I only got 3 years data haha). I believe some big guys were collecting the share on 27/03 ( the volume spike). It breaks through 0.21 after that. On 08/05, the volume is higher than previous new high volume 27/03 (maybe there is something).The major support at 0.265. The resistance 1 - 0.355 and resistance 2 - 0.37. If you are thinking of bottom fishing, cut loss if 0.265 is violated.

KIALIM- Overall pattern is forming a U-Shape which is trying to break 0.61.On 20/7/2012, the Upper shadows touched 0.61. On 20/3/2014, the upper shadow touched 0.61 too.On 14/5, It tested 0.61 with volume but failed to break through. Which formed triple top and made the resistance 0.61 very strong. I believe the price will do make some adjustment or further consolidate. The support 1 is 0.575 and support 2 is 0.545.

Jass

MMSV- The dark cloud formed on 28/03 and the price dropped since then. A hammer formed on 06/05 and the new bottom has found which is 0.175. The Doji formed on 16/5 which indicate the indecision of the investor whether they wanna buy or sell. The share price may further consolidate btw 0.195 and 0.235. The support 1 is 0.195 and support 2 is 0.175. The resistance 1 is 0.235 and resistance 2 is 0.245. You may consider bottom fishing but cut loss if 0.175 is violated.

As usual, Matrix , profitman and everyone feel free to add in more inputs :)

Posted by jass > 2014-05-18 21:05 | Report Abuse

hi matrix and SF, thank you for the info:)

Posted by matrixcool > 2014-05-18 21:13 | Report Abuse

19/05/2014

Every week TCB will pick a few stocks we may like to trade short term and put in *Stock In Focus*, please do not take this as a buy signal as our TA reading for those stocks are for sharing purpose only.
STOCK IN FOCUS ( Short Term Trade)

1)ABRIC—It breakout from $0.335 with a breakaway gap (signified a major new trend) last Friday from its Rectangle Trading carry an estimated Target of $0.385/$0.40 & beyond. The breakout also took out the “Dark Cloud” formed on 11/06/2013 which has been shadowing the upward movement of Abric. We believe Abric has good potential to scale higher after the breakout. Any consolidation due to its overbought position offer the opportunity to buy for future play. Immediate support adjusts to gap support of $0.34/$0.335. Stop Loss if $0.33 is violated.

Happy Trading and Good Night.

tccher—I will still update my stocks on my old thread until the end of the month, then that thread will be deleted. The reason we started TCB is because we think most traders trade stock below $1.00 and our aim is to be able to help more traders especially newbies.

Posted by Linabee > 2014-05-18 21:26 | Report Abuse

Dear tcb, pls read L&G chart. Thanks.

Posted by lfctrade > 2014-05-18 21:26 | Report Abuse

Dear TCB/Matrix - this is excellent!
Can you please look into Sinotop tomorrow?
Thank you and good night

Posted by novice8 > 2014-05-18 21:33 | Report Abuse

I agreed with tccher. It's going to be a huge loss to us. Is there a chance you could maintain your thread by sharing with us your trading stocks and their analysis, Mat? Or is it possible to include them in the TCB? Tqvm fr your consideration, Mat!!