"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 .
Yoda88 - Hi. Vs was enquired by tcyee and not me. Anyhow, I am also most interested in this stock as it has shown a lof of strength lately and an uptrending stock. Now that you have pointed out there is still more room for upside, may take a closer look at it. Thanks on your reading, most appreciated. Good nite.
sunflower22,I quote Matrix excellent analysis below here on Censof:
"CENSOF (3891)—It broke above its Falling Resistance Line last Friday with increased volume which is very bullish. As long as it can stay above $0.47 it is expected to test $0.525/$0.56 and very strong resistance at $0.60/$0.625.Collect on any weakness for future play."
Hi Matrixcool - thanks so much for your indication on price and volume...., etc in answer to Dunknow's question on how to spot a weakening stock. Indeed, it is most informative and does help a lot!!! Good nite.
Ijacobs: It is attempting to break out of its downtrend line but to no avail as there are insufficient volume to support a genuine reversal. It faces an immediate resistance at 0.33 and is likely to consolidate sideways. Any attempt to trend higher on low volume is likely to be shortlived. Support is located at 0.36 and for short term traders, you may want to consider a stop loss if this support is broken down.
KFM: It is consolidating after it trended higher on 22/1 with volume. It needs to clear the strong resistance at 0.545 in order to push on. Good support is expected at 0.45. You may need to monitor to see if its attempt to trend higher is sustainable. I am afraid we do not advise on trading decisions but we hope this information helps.
leaner Jobst Share prices are at consolidating stage and it did attempt to breakout from 0.40 level a couple times today.Accompany with healthy volume if share price manage to break the resistance of 0.415 it will scale higher to 0.46.Watch for volume and momentum.Supports can be found 0.395 and 0.38. A stop loss if 0.37 is violated. Happy trading.
Good morning to TA specialist,matrix,profitman,yoda,techno... Good morning to tsy Hope everyone can have green green trading today,following up from DJi yesterday...huat arrr
RI77, suggest you consult your broker on the conversion process. The brokers usually do it for you and I believe there are some brokerage charges on the conversion too. Your bonus entitlement will depend on the bonus ex-date. Do check with your broker too to determine how long it takes for the conversion. If you have converted and registered all before the ex-date, then, yes, you should be entitled to it.
Pls allow me to clear the mist. RI77. U r not entitled to any dividend because the ex date 27th is expired. U can request your trading house to Email u the conversion form. Send the completed form with backdraft to the registrar as instructed in the form. The conversion usually take 2-3weeks.
Hi kingcobra, KTB: It had a bullish implication when it broke above $0.37 on 29/01 with good volume. However, after hitting a high of $0.40 on the next day, it closed lower at $0.38, failing to overcome its immediate resistance at $0.385 due to high selling pressure. The selling seems to have diminished and today we can see better buying volume though it is not above 30days MA. As long as it remain above $0.37, it is expected to break above $0.385 and then likely to test its next resistance at $0.40 and $0.43 respectively before it can scale further upwards. Stop Loss if $0.365 is violated.
Hi sunshine55, KAREX: The stock is bullish after breaking above its resistance at $4.03 yesterday. As long as it stays above $4.03, the uptrend is intact and is expected to move towards its TP1 at $4.17. This is considered uncharted territory after price adjustment on 26/03 due to bonus issue. Its immediate support is at $4.03 and further weakness after that will find next strong support at $3.94. Stop loss if $3.89 is violated.
Happy Trading.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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 .