Posted by tsy88 > 2015-01-22 06:57 | Report Abuse

/ dGood morning TCB/dunknow.

Posted by Dunknow > 2015-01-22 07:30 | Report Abuse

good morning TA Specialist,wishing a happy trading ahead

Posted by Dunknow > 2015-01-22 07:30 | Report Abuse

good morning to you tsy,wishing you earn big big...

Posted by cherry tomato > 2015-01-22 10:51 | Report Abuse

Good morning TCB, kindly assist on EAH and AZRB.
Many thanks.

Posted by sunflower22 > 2015-01-22 14:08 | Report Abuse

Sunlight, thanks a lot for your detailed analysis on smrt.

Posted by sunshine55 > 2015-01-22 14:19 | Report Abuse

Dear TCB, please advise on Karex. Many thanks ya.

Posted by ck > 2015-01-23 02:20 | Report Abuse

hi tcb, pls advise on MEGB & SYF.
THANK YOU.

Posted by tsy88 > 2015-01-23 07:23 | Report Abuse

Good morning TCB.

Posted by tsy88 > 2015-01-23 07:25 | Report Abuse

Dunknow - good morning. Thanks. Wish everybody earn lots and lots $$$$$ from Bursa.

Posted by Dunknow > 2015-01-23 07:32 | Report Abuse

Good morning TA specialist

Posted by Dunknow > 2015-01-23 07:33 | Report Abuse

Good morning to you tsy,yeah...everybody huat huat huat before CNY ya... :D

Posted by ProfitMan > 2015-01-23 09:34 | Report Abuse

Good morning All. I echo Dunknow's wish, everybody huat huat huat before CNY!

Posted by Dunknow > 2015-01-23 09:46 | Report Abuse

Profitman,hahaha,betul betul betul….heng arr,ong arr,huatt arr………..everyone kasi ong ong mali ohh,but of cos need to be discipline lor…

Posted by cherry tomato > 2015-01-23 09:50 | Report Abuse

Posted by ProfitMan > Jan 21, 2015 05:19 PM | Report Abuse
PROFITMAN many thanks on ARMADA.
Now break 1.30....
Still holding tight ....


cherry tomato,

Armada:
The downtrend looks to be over after it bottomed out at 0.98/0.99. It is now consolidating sideways attempting to break through the tough 1.24 resistance. If it is able to break through this immediate resistance and fill the more crucial gap resistance of 1.21/1.28 with volume, then it will lend more weight to its price reversal. This will set it on its way to test the psychological resistance of 1.30 with an eye on the next resistance at 1.36. It should enjoy strong support at 1.18. There is an increasing momentum on the stock. You may want to consider a stop loss should 1.15 be violated.

Posted by soulmad > 2015-01-23 12:15 | Report Abuse

hi guys, how you
adjust trailing stop once breakout the tp?

Posted by TradeLearner > 2015-01-23 12:31 | Report Abuse

Hi, I'm a relatively new trader trying to learn the art. Hence I would like to share my view here. Please comment on it.

Bonia after the close on 22/01/2015

Bonia showed few reversal indicators:
Double bottom
MACD moved above zero
Breaking it's RM 1:00 Resistance

Hence the next resistance is at RM 1:15.
Buy Price: 1.03
Target: 1:15
Support: 0:98
Risk Reward Ratio: 1:2.4

Please share your views sifus

Posted by cityplus > 2015-01-23 16:32 | Report Abuse

Dear TCB,

Appreciate if any sifu here can provide some TA info for MHB(5186), thanks in advance :)

Posted by Dunknow > 2015-01-23 17:05 | Report Abuse

From Matrixcool update on 22/01/2015

MHB (5186)---Today I bought in MHB when it broke above $1.40 signal BUY. It is expected to rebound further to $1.50/$1.55/$1.60 & beyond. Stop Loss if $1.38 is violated. I bought this counter for Technical Rebound surge only. Will sell if happy with the returns.

Posted by Yuchen > 2015-01-23 17:40 | Report Abuse

Hi TCB, can u help to read HIL and fitters?

Posted by ProfitMan > 2015-01-23 18:58 | Report Abuse

Dunknow. thank you for helping out. Appreciate it.Thanks.

Posted by tcyee > 2015-01-23 21:50 | Report Abuse

Dear TCB,comments on VS please . Thanks in advance

Posted by Dunknow > 2015-01-23 22:16 | Report Abuse

Posted by lottolearn > Jul 23, 2014 03:05 PM | Report Abuse
# Dear Bro. Matrixcool,
Thanks for SMRT and it really move. I sold 50% already at $0.80(Your TP1) and want to know how to set Trailing Stop for the other 50%? #

Firstly, I would like to thank those that emails me because of SMRT, your kind words touch me and I am very happy many of you lock in profits on SMRT today near to my TP1 of $0.80.

lottolearn--A very valid question, we at TCB encourage traders to set a Trailing Stop when you are riding on a winner. The reason being by setting a Trailing Stop you do not need to go through the agony incase there is a Big Pull Back. You do not want to sell too early and try to ride on the profits as long as you can so a valid Trailing Stop is very important.
For SMRT I have locked in partial profits at $0.795/$0.80, I am just sharing my method of trading and you can set your own Trailing Stop if you want to. You may set the Trailing Stop at:
a) It broke its previous high of $0.755 (now turn immediate support) so 1-2 bids down from $0.755 is acceptable.
b) The actual trend reversal is when it breaks $0.745 (Now turns to very strong support) so 1-2 bids below this is also acceptable.
c) Some may opt to wait for a price reversal signal from candlestick which is none at the moment.

Hope this helps.

hi guys, how you
adjust trailing stop once breakout the tp?

Posted by Dunknow > 2015-01-23 22:17 | Report Abuse

Hi Profitman,please don't mention...this is the little little thing that I can do to reduce TCB workload ;)
Thank you

Posted by Dunknow > 2015-01-23 22:18 | Report Abuse

Dear TCB,For the trailing stop,if you have additional to share,please do so...I just go through and copy from previous information by matrixcool....thanks

Posted by Dunknow > 2015-01-23 22:18 | Report Abuse

good evening & have a nice weekend ahead...nite

Posted by Dunknow > 2015-01-24 08:00 | Report Abuse

good morning TCB/tsy

Posted by Dunknow > 2015-01-24 08:01 | Report Abuse

Wishing a good good weekend ahead

Posted by tsy88 > 2015-01-24 09:01 | Report Abuse

Good morning TCB - have a nice weekend with loved ones and friends.

Posted by tsy88 > 2015-01-24 09:02 | Report Abuse

Dunknow - good morning. Have a nice weekend with your loved ones and friends.

Posted by sunflower22 > 2015-01-24 14:01 | Report Abuse

Dear TCB,

Please advice on censof and ijacob. Thanks.

Posted by Dunknow > 2015-01-24 15:02 | Report Abuse

Dear TCB,can you please advice on Zelan,many thanks in advance :)

Posted by Dunknow > 2015-01-24 15:02 | Report Abuse

Hi,TCB,I have 1 inquiry on "weaknesses of the stock trading"?How do we know if the current stock that we are trading are showing weakness?from volume?from Q of sell/buy?or reaching toward last support level?or continuosly drop in few days trading?or not moving of the price stock?

Posted by matrixcool > 2015-01-24 20:37 | Report Abuse

soulmad ,On your question of Trailing Stop.


Thanks to Dunknow for helping out on Trailing Stop , to be honest I have forgotten that I had written about it earlier by using SMRT.
Maybe I will add in a few notes for trading purpose:

You need to ask a few questions before you can set or calculate a Trailing Stop:
a) What kind of trader are you? Day Trader, Short or Long term?
b) Are your stocks closed to your target price?
c) Is the stock trending or sideways?
d) Does the chart pattern show sign of reversal?

I can only share my thought how I set my Trailing Stop for a Short Term Trader. For day trader and long term trader you may need different calculation.
I know some use Fibo numbers which I am not too familiar but maybe it is helpful if you are long term trader and you are comfortable at 50% retracement but I am not.

You are setting a Trailing Stop because you are on a winning stock. Like all of us you want to sell at the Top right? But no one can sell a stock at the top all the time. You want to ride on your profits as long as you can and want to sell at the top, sorry this 2 things does not work hand in hand. You also do not want to sell too early and missed the big profits.

1) For short Term Trdaer--I normally set my Trailing Stop just below an important support, for example the breakout level (Resistance turns support), or support that has big volume on it.
2) I will tighten my Trailing stop when the price is close to my Target price. That says I bought a stock at $1.00, my target is $1.20. When the stock say move to $1.18 which is 2 cents off my target, I may set it at says $1.15 if it fails to hit $1.20. ( In Mathematic that means to make that extra 2 cents I am willing to give back 3 cent gain).
3) That says it hit $1.20 and break above, I would have taken partial profits and set my new Trailing Stop at $1.18 (2 bits below the breakout of $1.20 to protect my remaining profits.)
4) When the chart shows weakness like form a Dark Cloud, Shooting Star etc., then I may set the Trailing 1-2 bits below that Bearish Candle.
Lastly, this is my way of trading and many of you may not agree with my method. The most important for you to decide is how much you are willing to give back in exchange for a longer ride? That is your right Trailing Stop Level.

Hope this help.

Posted by Dunknow > 2015-01-24 20:57 | Report Abuse

Matrixcool,please don't mention,i just go through to learn more...Thanks Matrixcool for thorough detail explaination....now I have better understanding...tqvm,appreciated

Posted by Dunknow > 2015-01-24 21:02 | Report Abuse

TCB Bro/Sis...can you please advise me on PJD-WC?

Thanks

Posted by tsy88 > 2015-01-25 08:57 | Report Abuse

Good morning TCB/ Dunknow - have a nice Sunday!

Posted by Dunknow > 2015-01-25 08:59 | Report Abuse

Good morning TCB/ tsy
i guess it is times to do some shopping for CNY? Hihi...happy sunday and enjoy ur weekend with loves one

Posted by Lz Lee Weiping > 2015-01-25 10:31 | Report Abuse

MEGB - ck
Symmetrical triangle pattern with a breakout point of 0.745/0.75. After it has a surge from mid of September 2014 until late of November 2014, it momentum decreases and at the moment it's currently trading sideways between the support level of 0.65 and the resistance level of 0.745/0.75. Next support level is 0.59 wheres the next resistance is 0.775. Stop-loss if 0.59 is violated.

SYF - ck
It failed to breakout the flagpole pattern and now it has a upper shadow doji which is a major concern. Support level of 0.47 and 0.45. Resistance level at 0.50 and 0.515. It must close and remain above 0.50 to remain bullish again. Stop-loss if 0.45 is violated.

Posted by sunflower22 > 2015-01-25 10:50 | Report Abuse

Good morning. Matrix and TCB.

Matrix, many thanks for your detailed explanation. It really helps..

Have a great Sunday.

Posted by matrixcool > 2015-01-25 13:25 | Report Abuse

Dunknow > Jan 24, 2015
# Hi,TCB,I have 1 inquiry on "weaknesses of the stock trading"?How do we know if the current stock that we are trading are showing weakness?from volume?from Q of sell/buy?or reaching toward last support level?or continuosly drop in few days trading?or not moving of the price stock? #

Dunknow, you have asked a valid question on how to spot a weakening stock.

I would like to share some of my thoughts on this topic. As you all know I am a short term trader basing on TA only. So I cannot comment on any FA changes of the company.
To me, the most important factor in TA is always Price and Volume. Beside Candlestick I think many of you also know that I hardly use any indicators..
One can see a stock is losing steam by observing the following:

a) The price is moving up but the volume is decreasing. What we call Price and Volume forms Bearish Divergence.
b) The Price moves high up with extremely large Volume may imply “Buying Frenzy” that subsequently will cause Price to drop back as buyers were exhausted.
c) The Price open with a very large Gap normally invites traders to lock in profits or we TA believes that Gap needs to be closed eventually.
d) Sometime I do use Price/RSI to find such Bearish Divergence too.
e) The Candlestick form a dark Cloud, Engulfing Bear, Shooting Star etc I will pay attention for further weakness.
f) A stock drop in price after some gains does not mean it is losing steam if the consolidation is with reduced volume.
g) A stock at over bought position can be tricky, but after some consolidation it should carry on its upward momentum. A trending stock can sometime stay at overbought region for a long time while Price keeps moving up.

Hope this help !!

Posted by wtclau > 2015-01-25 13:47 | Report Abuse

Hai, matrixcool, you mentioned that you are a short term trader. May I know how long do you hold a stock,one month, two months or three months? Thanks.

Posted by matrixcool > 2015-01-25 14:52 | Report Abuse

wtclau ---My short term means from 1 day to 3+ months the most.I will always lock in profits when I am happy with the returns.
If my stock starts the Sideways movement I will normally cleared it to release my capital for other trending stocks.

Happy Trading.

Posted by wtclau > 2015-01-25 16:31 | Report Abuse

Ok thanks matrixcool.

Posted by matrixcool > 2015-01-25 20:02 | Report Abuse

cityplus > Jan 23, 2015

Dear TCB,

# Appreciate if any sifu here can provide some TA info for MHB(5186), thanks in advance :) #

Hi cityplus, MHB is my Top Pick this week.

MHB (7617)—It is very seldom I pick a Downtrend Counter to be my Top Pick. The reasons I choose it is because :
a) Stage 4 of the cycle ended at $1.27 on 15/1/2015. A break above $1.50( its immediate Falling Resistance Line signal Price Reversal), it is expected to begin its new stage 1 cycle anticipated to trade from $1.50 to $1.83 which offer a profitable return with a very low risk buy.
b) The Price /RSI has formed strong Bullish Divergence implies accumulation was going on during the past 3 months, so one can expect it to move higher soon.
A break above $1.50 it will test $1.60/$1.65/$1.70/$1.83 in the near term.Any weakness should find support at $1.40/$1.37. Stop Loss if $1.35 is violated.

Hope this help !!

Posted by stay_foolish > 2015-01-25 21:55 | Report Abuse

Yuchen

Hil

Stage 3 of Market Cycle which the price can be volatile. It is expected to test $0.79 and strong resistance at $0.83. Once break above $0.83, it will enter uncharted territory and enter Stage 2 of market cycle. Any weakness will find $0.71 as immediate support and $0.695 is stronger support.

Fitters

Stage 3 of Market Cycle which the price can be very volatile. It breakout from Ascending Triangle on 23/1 with volume and carry TP of $0.82. It is expected to test $0.755 and major resistance at $0.78. Any weakness due to profit taking or overbought may test $0.685/ $0.66 as immediate support.


Happy Trading =)

Posted by stay_foolish > 2015-01-25 21:58 | Report Abuse

Cherry Tomato

Azrb

Stage 3 of market cycle which the price can be volatile. The major resistance is $0.77. It need to break above $0.77 with volume to test $0.835. The immediate resistance is $0.7 For short term, cut loss if $0.7 is violated. For medium term, cut loss if 0.63 is violated.

Eah

Stage 3 of market cycle which the price can be volatile. It seems like under some consolidation. Once it break above $0.13, it is expected to trade between $0.13 and $0.17. Break above $0.17 to Trend Reversal to Stage 2 of market cycle. Cut loss if 0.095 is violated.

Happy Trading =)

Posted by Dunknow > 2015-01-25 22:34 | Report Abuse

Hi matrixcool....tq tq tq for your times and effort of helping me in answering this question....I guess,apart from stop loss,trailing stop and consolidation etc,price weaknesses play a very important roles too...tq tq tq

Posted by yoda88 > 2015-01-25 23:17 | Report Abuse

Dunknow-Zelan
Zelan has been uptrending since the 19th Jan and now is at a overbought situation with a doji formed at the upper band which is likely to trade side ways for the next few trading days on a daily chart.Shares need to break above the 0.34 with volume to trend higher with a resistance at 0.37 and 0.38. Supports can be found at 0.305 and 0.29.
A stop loss if 0.29 is violated.
happy trading.

Posted by yoda88 > 2015-01-25 23:24 | Report Abuse

tsy88-VS
Noticeably reading from all oscilators indicates shares prices are trading on a bullish uptrend.Even shares are at a overbought situation but the uptrend is stil intact with its band expanding.Further upsides are targeted at 3.74,3.96 and 4.18. Immediate supports can be found at 3.37 and 3.22.
A stop loss if 3.00 level is violated.
Happy trading.

Posted by Dunknow > 2015-01-26 00:03 | Report Abuse

Thanks yoda for the zelan TA analysis...nite nite