"Knowledge without discipline is dangerous,discipline without knowledge has little value"
1) We are here to help out any I3 members of their stock TA. If you need help on any stock chart just address us as “Dear TCB..”
2) We encourage traders to buy stocks with a trading plan. Before you buy please have a Stop Loss in case the stocks go against you.
3) We encourage traders to cultivate a winning habit, that is to lock in profits often when the opportunity arises. Be focused. We are here with one purpose only, that is to make money, never let a winning trade become a losing trade.
4) We encourage traders to set a Trailing Stop to protect their profits when riding on a winning trade.
5) We encourage other traders that have TA knowledge to participate and help out others on TA. In this way we all can learn together.
6) We will never recommend any stock in this thread as Buying and Selling is solely your own decision and your own risk.
7) We may post the stocks that we are interested in, together with a TA reading on it for the purpose of sharing. These TA readings are to cultivate habits of 'Discipline' and 'Plan' before trading .
Posted by profitman > Nov 21, 2014 05:34 PM | Report Abuse
dextronium - Prestar:
This stock is still on a downtrend. Its medium term outlook remains bearish. It seems to have found a baseline support at 0.515 at the moment. If broken, the next meaningful support is at 0.475. Moving forward, it will face an immediate resistance at 0.54 and it needs to fill the gap resistance of 0.545/0.555.
Thank you very much Profitman for the interpretation.
rashidie-Glotec The share prices is having a pull back after the surge on the 21 Aug 2014 and trading side ways. Its supporting at 0.07 while closing 0.075 below the 20MA and if it cannot sustain the strong support of 0.07,share prices will find the next support of 0.065 which will confirm its downtrending.However, upon any technical rebound accompany with volume, resistance can be found at 0.08 and 0.085. Happy trading.
Bearish. It broke an important support level at 1.958. If the selling continues, it will be heading to 1.86. Immediate resistance is at 2.05. There is still a lot of weakness in the stock.
farue-Esceram Esceram is bullish and uptrending for the last couple of days.Hourly and 60mins chart is bullish at this junture. Some pullbacks might happen based on profit taking, however its one of the most active traded shares today with healthy volume. Share prices need to stay above 0.25 level.Resistance can be found at 0.28,0.31 and 0.35.Immediate support are at 0.24 and 0.23. A stop loss if 0.225 is violated. Happy Trading.
A very very good morning to you Tsy88,yeah,very impressive with the movement yesterday...hope it will continue...wishing you a profitable trading today,cheer
Stage 4 of Market Cycle which is very bearish. After hitting high at $0.745 on 19/08, it corrected almost 50% until today. Support at $0.4 looked frail and may further test $0.38. If break below $0.38, it will further test $0.35/$0.36 which show a lot of weakness. Cut loss if the 0.35 is violated.
Stage 3 of Market Cycle which the price can be volatile. Failed to stay above $0.2 which breakout from Rounding Bottom on 10/11. It is expected to trade between $0.15 and $0.19. A break above $0.19 will test strong resistance at $0.225. If break below $0.15 may find $0.135/$0.14 as immediate support. Cut loss if violated.
Stage 3 of Market Cycle which the price can be volatile. It failed to stay $0.21 on 7/11. It is expected to trade between $0.16 and $0.185. If break below $0.16 will further test strong support at $0.14. Cut loss if $0.14 is violated.
eah: It is now consolidating within a range between 0.14 and 0.155. It has found a support base at 0.12 but will need to clear the strong resistance at 0.17 in order to re-test the high of 0.195.
pworth: It has broken out from its downtrend line but after hitting a high of 0.285, it was sold down to a low of 0.175. It is now consolidating after the technical rebound with an immediate support at 0.20. Strong resistance is expected at 0.23. It could be trading side ways in the coming trading sessions.
Stay_foolish - good morning. TQVM for analysis on Ijacob, Genetec and Vsolar. Noted and appreciated. Looks that all of them are bearish or likely to be volatile! Happy trading!
Hi hanis, DPS: It is currently under consolidation between support line at $0.125 and resistance line at $0.145. Breaking above the strong resistance of $0.145 will take it to the next resistance at $0.16/$0.17 which will have bullish implication to move upwards to re-test the previous 52-weeks highest at $0.185 and beyond. If the support line of $0.125 is broken, it will find the next support at $0.11. Stop loss if $0.11 is violated.
Hi master_tan, PRTASCO: It is currently under consolidation between support line at $1.58 and resistance line at $1.73. Breaking above the resistance of $1.73 will have bullish implication. Next resistance is at $1.77 and $1.81 before able to scale further upwards. Further weakness and the support line of $1.58 is broken, it will find the next strong support at $1.51. Stop loss if $1.50 is violated.
Hi Charlene Everett, TCB does not give any recommendation to buy/sell/hold any counters. However, just to share a viewpoint which Profitman has mentioned before that in general, to hold a position or not depends on your risk profile and trading strategy for the counter. If the growth prospects are good for Dsonic, it may make sense to hold for the medium term on the assumption that it will recover its value over time. If not, you may want to consider releasing the capital for other trades with higher profitability chances or even to re-enter this stock when its price has settled to a new low price level. However, DSONIC is currently at stage 4 of the cycle which is very bearish. It is a stage where all traders should avoid at all time. Today, it has broken below its previous 52 weeks lowest of $1.28 by closing at a new low at $1.21. It is unclear when the price will reverse upwards. Hence, do consider carefully and make your decision to avoid further losses.
EPMB does not have the momentum to sustain a bullish run. It was sold down with every attempt to scale higher. The bearish harami of 25/11 is a precursor to the consolidation phase that followed. This fact is reinforced by the bearish price/rsi divergence on the daily chart. It is currently sitting on its strong support at 0.85. A break down from this support level would indicate further weakness in the stock when in all likelihood, it will fill the gap support of 0.815/0.835. You may want to consider exiting if 0.85 is broken down with volume. Currently, it needs to break the psychological resistance of 0.90 to scale higher.
Posted by countfind > Nov 27, 2014 08:13 AM | Report Abuse
Good morning pls
Can anyone help with outlook for tdex please?
TDEX(0132) —Hit my immediate target of $0.275 last week but failed to try strong resistance at $0.30. In line with penny stocks being sold down last week TDEX suffered the same faith. The uptrend Line at $0.22 has not been violated yet and some rebound can be expected from here.Any technical rebound should find strong resistance at $0.24. Stop Loss if <$0.215( Action: expects to trade from $0.22 to $0.24, can consider reduce holding on any rebound unless it can clear $0.24).
Happy Trading.
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Posted by TechcodeBreaker > 2014-05-18 01:09 | Report Abuse
"Knowledge without discipline is dangerous,discipline without knowledge has little value" 1) We are here to help out any I3 members of their stock TA. If you need help on any stock chart just address us as “Dear TCB..” 2) We encourage traders to buy stocks with a trading plan. Before you buy please have a Stop Loss in case the stocks go against you. 3) We encourage traders to cultivate a winning habit, that is to lock in profits often when the opportunity arises. Be focused. We are here with one purpose only, that is to make money, never let a winning trade become a losing trade. 4) We encourage traders to set a Trailing Stop to protect their profits when riding on a winning trade. 5) We encourage other traders that have TA knowledge to participate and help out others on TA. In this way we all can learn together. 6) We will never recommend any stock in this thread as Buying and Selling is solely your own decision and your own risk. 7) We may post the stocks that we are interested in, together with a TA reading on it for the purpose of sharing. These TA readings are to cultivate habits of 'Discipline' and 'Plan' before trading .