Posted by matrixcool > 2014-11-30 20:53 | Report Abuse

Posted by sunflower22 > Nov 30, 2014 09:44 AM | Report Abuse

Good morning matrix, profitman and all experts of TCB,

Kindly advice on smrt

Have a great weekend !

Hi Sunflower22, SMRT is my Top Pick of the Week for my mailing friends.

My Top Pick Of The Week
SMRT (0117)—It is forming Symmetrical Triangle pattern and it is building up more momentum to breakout from the Triangle soon. It is expected to test its breakout level of $0.87 soon, a break above $0.87 with volume confirm breakout to try its immediate resistance at $0.90 and strong resistance at $0.92.If it can break $0.92 it is heading to its previous high of $0.95 and immediate target of $1.00/$1.05. Immediate support adjusts to $0.83/$0.815. Stop Loss if $0.79 is violated.(Action: Buy on any weakness or when it breakout from the Triangle).

Happy Trading

Posted by sunflower22 > 2014-11-30 21:32 | Report Abuse

Matrix ~ Many thanks for your detailed analysis on smrt.

Have a blessed day and good nite.

Posted by rashidiesukarna > 2014-11-30 22:17 | Report Abuse

Dear,

help to give TA for nicorp please..

Posted by ProfitMan > 2014-11-30 22:37 | Report Abuse

Dunknow, yes, that is a very good question. There are indeed a lot of theoretical facts in the internet and in books on this subject. However, in reality, it is very difficult to forecast a crash not even from a TA perspective. But we can analyse the TA of the index just like how we analyse the individual stocks to look out for any signs of potential reversal.

However, do bear in mind that economic policies can be fine tuned and twitched to jump start a stalling or declining economy, thereby preventing further declines in the stock market and possibly averting a crash in the short to medium term. So, it is really not easy to forecast a crash.

If you look up the definition of a market crash, you will understand that it is the result of a culmination of events which can result from an economic crisis, a catastrophic event(s) or the collapse of some speculative bubbles. Just to forecast an economic crisis alone is difficult as the economy is influenced by a multi-factorial of factors. Any crisis or events can just spark off a total loss of confidence in the economy and cause a run on the stock market in an instant.

So, what does all this mean to traders like us? Are we doomed that we are unable to forecast a crash? No, we are not doomed. We can't influence the market and we do not have control over it but we can influence and control our trading. This is where we come back to the trading plan that we have been advocating all along. And to add, you may want to have a shorter time frame for trading if you are concern about an imminent crash. Also not forgetting to avoid over trading with too many stocks.

You will realize by now that there is really no holy grail in stock trading.

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Posted by Dunknow > Nov 22, 2014 07:38 AM | Report Abuse

I have one question on symptom of market crash....yeah,based on theoritical facts,yes we can read/find fact from internet...but in TA term & real life,how can we see the symptom of market crash?Can any one assist me in this?

Posted by Dunknow > 2014-11-30 23:16 | Report Abuse

Wow wow wow.....thanks again profitman for such meaningful articles....yeah...that is wat I am doing now...reduce stock trading and dun keep too much stock...After all, we are not supposed let the greed led our life....seriously I am a bit worried that the o & g will initiate the market crash.....but this is my personal feeling, bro....again, thanks for the wonderful explanation! Salute bro...good nite

Posted by duitkwspkita > 2014-12-01 00:11 | Report Abuse

Hello profitbro and dunknowbro.

how are you? Must be busy work... Remember to take sufficient rest in order to stay healthy n happily..

best luck in everything....
thanks all TCB experts to guide us in stock trading...

warmest regards,
duit

Posted by Lz Lee Weiping > 2014-12-01 00:25 | Report Abuse

tsy88 - Jobst
It has a spinning top candlestick on 28/11. If it close below 2.89 it will become an evening star and this might be a sign of price reversal. Support at 2.89 and 2.85, immediate resistance at 3.00. Do take note that Daily RSI shows some degree of bearish divergence. Stop-loss if 2.85 is violated.

Posted by ProfitMan > 2014-12-01 00:25 | Report Abuse

rob_z3_man: Novamsc:

In the medium term, it is bullish but in the short term, you can expect some consolidation to take place. It formed a dark cloud on 27/11 suggesting a consolidation phase to set in. Strong support lies at 0.155 and you may want to consider exiting if this support is broken. Immediate resistance is at 0.195 and if broken will re-test the resistance of 0.215.

Posted by ProfitMan > 2014-12-01 01:17 | Report Abuse

Angie80 - Westport:

Broke out from its descending triangle on 18/11 to hit a high of 3.50. Since then, it is consolidating and although it formed a bullish engulfing candle on 28/11, it may not have the strength to sustain an upward push as it was formed on low volume and it bullishness is subject to confirmation. It has broken down from its gap support of 3.27/3.28. It now has immediate support at 3.23 with resistance at 3.50. Any further break down from 3.23 with volume will signal a further weakness in the stock.

Posted by ProfitMan > 2014-12-01 01:18 | Report Abuse

duit - thanks for your advise. Appreciate it. Hope you are in the best of health too.

Posted by tsy88 > 2014-12-01 06:11 | Report Abuse

Lz Lee Weiping - good morning. Thanks for your analysis on Jobstreet. Noted and appreciated. Had cleared on Friday at 3.00 which was the price I keyed in to sell everybody after I bought into it. As DAILY RSI showing signs of bearish divergence, will not touch it anymore and furthermore, it is going ex dividend on 10th December. Happy with profit.

Posted by tsy88 > 2014-12-01 06:12 | Report Abuse

Good morning TCB, dunknow and all.

Posted by tsy88 > 2014-12-01 06:19 | Report Abuse

Profitman - good morning. Yes, that was a good question and an equally awesome reply by you on market crash. Was waiting eagerly for your reply! Thanks and noted especially on OVER TRADING on too many stocks at such times!

Posted by Dunknow > 2014-12-01 07:37 | Report Abuse

Good morning tsy88...wishing you a very properous trading today...

Posted by Dunknow > 2014-12-01 07:38 | Report Abuse

A very good morning to TA specialist & all forummer here...have a fruitful trading day!

Posted by tsy88 > 2014-12-01 07:59 | Report Abuse

Dunknow- thanks and same to you too. Our market looks bad past few days especially O&G stocks. Hopefully rebound this week! Dow everyday up and posting new highs!

Posted by tsy88 > 2014-12-01 08:04 | Report Abuse

Desr TCB - appreciate your anslysis on Texchem. Looks extremely bullish on overall weak sentiment. Seems they sold stake in Sushi King and getting cash equivalent to 82 cents.

Posted by Dunknow > 2014-12-01 08:23 | Report Abuse

hi duit...u r back?how are you doing?hope u sapu manyak manyak from bursa....cheer :D

Posted by TraderR88 > 2014-12-01 09:16 | Report Abuse

Dear TCB, please give a analysis on TMClife. Many thanks!!

Posted by TraderR88 > 2014-12-01 09:22 | Report Abuse

Hey bro Godbless, long time no see! Hope you prosperous from IFCA last few weeks!!! Thanks very much, i will have a look! The previous breakout for this poor tmc is too short-spanned. :(

Posted by TraderR88 > 2014-12-01 09:28 | Report Abuse

So it means all the previous wave is not taken into account and new wave counting should starts after consolidation?

Posted by TraderR88 > 2014-12-01 09:30 | Report Abuse

Aright. Thanks bro for the help! Guess i will re-collect it at lower price to average down and keep for mid term since market sentiment is real bad now...

Posted by matrixcool > 2014-12-01 10:22 | Report Abuse

Thanks to tsy88 for correcting my mistake on TDEX.
This is the corrected version:

TDEX(0132) —Hit a high of $0.26 last week but failed to try strong resistance at $0.28/ $0.30. Since then in line with penny stocks being sold down last week TDEX suffered the same fate. 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 close above $0.24).

My apology for the earlier mistakes.

Happy Trading !!

Posted by yoda88 > 2014-12-01 23:03 | Report Abuse

tch1006-Maybank
Most if not all commodities have their prices plunging in tandem with oil. Panic and contra selling needs to take its course. Maybank is downtrending, trading below 200MA and lower band. Supports can be found at 9.00 and 8.82.If any technical rebound, resistance is around 9.74 and 9.85.
Happy trading.

Posted by yoda88 > 2014-12-01 23:16 | Report Abuse

dunknow-IFCAMSC
Gst counters has been uptrending for the last couple of weeks and with the plunge of oil prices IFCAMSC suffers the effect too.With the absence of buyers and some panic selling share prices has broken below the 20MA support line.Watch for a technical rebound if the market sentiment recovers.Resistance can be found at 0.745 and 0.81.
Supports are at 0.665 and 0.65. A cut loss if 0.63 is violated.
Happy trading.

Posted by jasonor > 2014-12-02 00:53 | Report Abuse

today barakah free fall after 1.15 cant support. tq profitman for your TA on barakah last 2 week. :)

Posted by tsy88 > 2014-12-02 07:00 | Report Abuse

Good morning TCB.

Posted by tsy88 > 2014-12-02 07:08 | Report Abuse

Dunknow - good morning. Yesterday was scary! Our index plunged so much and nearly broke the crucial 1766 level! Most O&G stocks were sold down almost amounting to a free fall! Got to stage a rebound and hope we have seen the bottom.

Posted by Dunknow > 2014-12-02 07:34 | Report Abuse

good morning tsy88...yeah,it's scary...& we are not sure at that times whether the falling has stop or continue...sigh...i sold some in heavy losses when they hit the stop loss....really have to sit at the sideline at this moment...

Posted by Dunknow > 2014-12-02 07:34 | Report Abuse

good morning tcb!

Posted by tsy88 > 2014-12-02 08:18 | Report Abuse

Dunknow - you are not the only one. I too short some of my holdings. Low can even get lower! Billions of ringgit have been wiped out from the tycoons!

Posted by Dunknow > 2014-12-02 08:46 | Report Abuse

Yeah,i believe most ppls are in the same boat....looking forward for rebound...happy trading

Posted by ProfitMan > 2014-12-02 11:46 | Report Abuse

tsy88, Dunknow and all - Good morning and please trade cautiously. I personally believe that the upside of most stocks could be limited.

Posted by tsy88 > 2014-12-03 07:28 | Report Abuse

Good morning TCB.

Posted by Dunknow > 2014-12-03 07:33 | Report Abuse

good morning Tsy88,TCB,matrixcool,profitman & all respected TA sifu...

Posted by tsy88 > 2014-12-03 07:33 | Report Abuse

Profitman - good morning. Thanks so much for your advice. Noted and will heed. Have cleared most of my holdings. Cash is king now! Happy trading.

Posted by Dunknow > 2014-12-03 07:34 | Report Abuse

yeah,profitman...thanks for your advices,appreciate much

Posted by tsy88 > 2014-12-03 07:36 | Report Abuse

Dunknow - good morning. Yesterday Ifcamsc rebounded quite a lot and also YGL! Have a good day.

Posted by Dunknow > 2014-12-03 07:38 | Report Abuse

Yeah,tsy88..but i let go before yesterday as the sell off seem to be getting worst when they hit my stop loss..too bad,but this is the games,right...kikiki...wishing you a properous trading ahead

Posted by ProfitMan > 2014-12-03 16:37 | Report Abuse

TraderR88: tmclife:

It is bearish since it hit the high of 0.67 on 26/9 although it did undergo a technical rebound in late Oct. It has broken down from its strong support base at 0.475 and is now testing the 0.45 support. A break down from 0.45 will send it to 0.425/0.43. Immediate resistance is at 0.475 and subsequently at 0.525.

There is still a lot of weakness in this stock and if you are thinking of accumulating more, you might want to monitor for the selling pressure to ease further before moving in.

Posted by ProfitMan > 2014-12-03 17:46 | Report Abuse

rashidiesukarna: Nicorp:

This is a non-trending, sideway trading stock. It is in a rectangle trading pattern with a resistance at 0.145 and a support line at 0.11. It will probably remain in this range unless there is a catalyst to propel it above its resistance.

Posted by walt932 > 2014-12-03 17:53 | Report Abuse

any comments on megb?

Posted by jasonor > 2014-12-03 18:00 | Report Abuse

hi tcb sifu, kindly advise on inari amerton. tq =)

Posted by Dunknow > 2014-12-03 22:25 | Report Abuse

Thanks yoda....for the ifcamsc

Posted by Dunknow > 2014-12-04 07:37 | Report Abuse

good morning tsy88
good morning TCB
good morning all forummer

Posted by tsy88 > 2014-12-04 07:55 | Report Abuse

Good morning TCB.

Posted by tsy88 > 2014-12-04 07:58 | Report Abuse

Dunknow - good morning. Our Klci bleeding again. Down so much again yesterday! Like Profitman said, not much upside for stocks.

Posted by tsy88 > 2014-12-04 08:07 | Report Abuse

Dear TCB - appreciate if you can kindly analyse on Dsonic. Thanks,

Posted by Dunknow > 2014-12-04 08:09 | Report Abuse

tsy88 @ yeah,agreed with profitman…trade with cautious…seriously,what happen to KLSE?how long this bleeding is going to stop ;(

Posted by tsy88 > 2014-12-04 08:32 | Report Abuse

Dunknow - haha, that is anyone's guess!