"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 .
Hello TCB...Merry Christmas and Happy New Year. We are ending the year with bearish moods and hopefully 2015 will be more bullish trends for the stock markets and can you please guide me on TA readings on PERISAI ( 0047 )? Thanks and happy holiday.
To Matrixcool, Profitman and team. Here's wishing each and everyone of you a Merry and Blessed Christmas and a terrific New Year. Your efforts and dedication in constantly providing the chart readings are providing a guiding light to the readers here.
Inwest88 - good morning. Such a pleasant surprise to hear from you on Chrismas Day. This is my best Christmas gift!! Thought I would never be able to see your posting here anymore. Wishing you and family MERRY XMAS N HAPPY NEAR 2015! May you have good health, wealth and profound joy throughout.
Currently TMC shares are trading at a bullish region.Strong support can be found at 0.555 level.Resistance are at 0.575, 0.585 and 0.625.A long term resistance can be seen at 0.67.Immediate supports 0.54 and 0.52. Happy trading.
We are in the last week of the year...Just felt I should thank everyone who made me smile this year... You are one of them...So here's a Big Thank You!
Stage 4 of Market Cycle which is Bearish. It is still trading in Downward Trend. However, today break away gap may indicate Price Reversal. Major resistance at $0.455 will be tested soon. If breakout from $0.455, the next resistance 1 at $0.485 and resistance 2 at $0.5. Support 1 at $0.405 and support 2 at $0.375.
Stage 4 of Market Cycle which is very Bearish. It has been trending downward since IPO. It is expected to trade in between $0.71 and $0.81. If break below $0.71, it will fall into uncharted territory which indicate more Bearish. If break above $0.8, $0.9 is a major resistance to break through.
Thanks stay_foolish for XingQuan analysis. Appreciated it
Posted by stay_foolish > Dec 29, 2014 07:33 PM | Report Abuse
hard_yan_zan__
Xinguan
Stage 4 of Market Cycle which is Bearish. It is still trading in Downward Trend. However, today break away gap may indicate Price Reversal. Major resistance at $0.455 will be tested soon. If breakout from $0.455, the next resistance 1 at $0.485 and resistance 2 at $0.5. Support 1 at $0.405 and support 2 at $0.375.
skyland-Bornoil Was a good entry skyland. Currently bornoil is uptrending but its at overbought situation.If you are still holding, watch for momentum and volume tomorrow.There might be a pullback on profit taking and entering into consolidation mode as some indicators are at toppish with a spinning top at the above the upper band.Immediate supports are situated at 0.915 and 0.875 while resistances are near 0.995 and 1.04. Happy trading.
Dunknow - good morning. Thanks for your wishes. May you reap lots and lots of gains from the stock market in 2015 and may you and your family be blessed throughout! Happy trading!!!
Hi bombastic, AAX: It is currently under consolidation with a gap down yesterday due to the recent unfortunate and tragic disappearance of AA flight QZ8501. The price has moved up a bit today but due to low volume, it couldn’t close above its immediate strong resistance at $0.65. If this resistance is broken with further upward movement, it will then needs to close the gap by breaking the next strong resistance at $0.67/$0.68 before it can scales further up. This would require much higher buying volume to support such upward movement. Any further weakness will find its immediate support at $0.645 follows by a strong support at $0.61. Stop loss if $0.61 is violated.
Thanks a lot Shifu Sunlight. Never expected tragedy happen to AA when I seek for your help on AAX, just wish to get better idea on resistance and support level so that I may cut loss when appropriate. Now I got it
Happy trading and prosperous yeah ahead!
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"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 .