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 .

120 people like this.

7,838 comment(s). Last comment by ProfitMan 2016-12-27 15:21

duitKWSPkita

26,756 posts

Posted by duitKWSPkita > 2015-03-01 18:16 | Report Abuse

Must take sufficient rest... Dun over stress matrixcool....

tsy88

9,978 posts

Posted by tsy88 > 2015-03-02 06:39 | Report Abuse

Good morning TCB/Dunknow - have a fruitful day ahead with lots of $$$$$$ all the way.

Dunknow

7,384 posts

Posted by Dunknow > 2015-03-02 07:37 | Report Abuse

good morning TA specialist,good morning tsy88
Happy trading ahead!

Dunknow

7,384 posts

Posted by Dunknow > 2015-03-02 07:38 | Report Abuse

Matrixcool,good morning to you...hahaha,yeah,profitman & team are doing very well,agreeeeeedd!oso,"Still, TCB is always my Home.... "...can I chnage to my = OUR?
kikiki

Dunknow

7,384 posts

Posted by Dunknow > 2015-03-03 07:40 | Report Abuse

good morning TA specialist
good morning tsy

Happy trading :D

tsy88

9,978 posts

Posted by tsy88 > 2015-03-03 07:47 | Report Abuse

Good morning Tcb
Good mornimg Dunknow.

Have a fruitful day n huat arrrr.........

profitman

2,094 posts

Posted by profitman > 2015-03-03 09:07 | Report Abuse

Good Morning all. Just came back from my travels and I hope everyone is profiting from the market.

duitKWSPkita

26,756 posts

Posted by duitKWSPkita > 2015-03-03 09:12 | Report Abuse

Great morning profitman.......


pls pls pls dont leave us.... I haven untung single cent yet...

hey,,,,, travel travel travel must have have have have safe safer safest & pleasant trip................

yoda88

499 posts

Posted by yoda88 > 2015-03-03 22:01 | Report Abuse

dino limo
PUC free shares
Since its given to you free, you can chose to hold for higher return if you're an investor. If you're a short term trader you can sell and lock in your profit.On a weekly chart the next resistance will be 0.185 and 0.215.The choice is yours dino limo.Happy trading.

Dunknow

7,384 posts

Posted by Dunknow > 2015-03-04 07:30 | Report Abuse

good morning TA specialist
good morning tsy
Wishing all a profitable trading today,tmr,the day after tmr...the day day after tmr.... :D

profitman

2,094 posts

Posted by profitman > 2015-03-04 09:57 | Report Abuse

Good Morning All. We wish everyone a "huat" day again at the market!

Dunknow

7,384 posts

Posted by Dunknow > 2015-03-04 12:59 | Report Abuse

Hi TA specialist
Is it advisable to collect jobstreet at 0.445?
Thanks

tsy88

9,978 posts

Posted by tsy88 > 2015-03-04 13:31 | Report Abuse

Good afternoon TCB/ Dunknow - happy trading n huat arr ......

cbyeoh

131 posts

Posted by cbyeoh > 2015-03-04 15:19 | Report Abuse

吉打建筑(BDB 6173),三月三日收RM0.895,一旦突破RM1.08,将会反映出新的本益比估算,目标价RM1.20。

profitman

2,094 posts

Posted by profitman > 2015-03-04 15:22 | Report Abuse

Dunknow, Jobst has an immediate support at 0.445 and an immediate resistance at 0.48. If 0.445 fails to hold, it would test its support level at 0.395. It could be trading sideways in the short term. Please bear in mind that Jobst is still looking for a core new business. Do set your stop loss if you are thinking of accumulating it.

Dunknow

7,384 posts

Posted by Dunknow > 2015-03-04 15:26 | Report Abuse

hi profitman,thanks for your fast reply.May I know when you mention fail to hold,is it mean when closing times,it should be at minimum 0.445?sorry for many question,thanks again,Profitman

profitman

2,094 posts

Posted by profitman > 2015-03-04 15:39 | Report Abuse

Dunknow, yes, if the support of 0.445 is broken through and it stays below it, then it could trend towards 0.395 which is suppose to be a strong support level. At the moment, there seems to be good support at 0.44 at the very least.

Don't worry about the questions, bro. Please feel free to pose them.

Dunknow

7,384 posts

Posted by Dunknow > 2015-03-04 15:42 | Report Abuse

OK,profitman,really appreciate your replied….let's c how the thing goes today …a million thankssssssss

matrixcool

1,307 posts

Posted by matrixcool > 2015-03-04 17:04 | Report Abuse

profitman, welcome back from your long holiday.

TCB will be active again when you are back !

Happy Trading

profitman

2,094 posts

Posted by profitman > 2015-03-04 18:36 | Report Abuse

Thank you Matrix. Always good to be back.

Dunknow

7,384 posts

Posted by Dunknow > 2015-03-04 22:34 | Report Abuse

Happy chap goh mei to all
nite nite

matrixcool

1,307 posts

Posted by matrixcool > 2015-03-04 22:38 | Report Abuse

Haven't been posting on TCB for a while because porfitman and team are doing a great job here.But TCB is always close to my heart and I would like to post some trading experience here from now on.

MIECO--- I was flushed out yesterday by raising the Trailing Stop too close to protect profit. A lesson well learnt ! I could have chosen $0.615 (As $0.62 was a previous breakout and become Resistance turns support) instead I have chosen $0.64.( as immediate support is at $0.65.) Well, this is part of trading and Selling always the most difficult part.
Of course I am still very happy with the returns from Mieco trading, just want to share my experience here as many have asked me about Trailing Stop before. Again it proves no one knows exactly including me.

Technical—Break above $0.70 today, the next target is estimated at $0.75/$0.80. Stop Loss if $0.69 is violated.

Happy Trading !!

Dunknow

7,384 posts

Posted by Dunknow > 2015-03-04 22:45 | Report Abuse

Thanks matrixcool...
Well, it's byond our control and 1of your golden rules is not to be greedy...well done,as long as it's a winner...kaka. ..

Posted by Mike Kong > 2015-03-05 02:00 | Report Abuse

Dear TCB,

I have just found out about this forum here hence I'm just reading up.
I have 2 questions to ask if I may,

1) how does one decides/ determine SL, resistance & support level?
2) is there somewhere I can understand better about trailing stop?

Thanks everyone & special thanks to Matrixcool for introducing me to this forum.

Dunknow

7,384 posts

Posted by Dunknow > 2015-03-05 07:32 | Report Abuse

good morning tcb / tsy...huat huat huat....happy chap chap chap godh meiiii....

duitKWSPkita

26,756 posts

Posted by duitKWSPkita > 2015-03-05 07:36 | Report Abuse

Great morning to all lengzai TCB experts.....

Good morning to all.....

tsy88

9,978 posts

Posted by tsy88 > 2015-03-05 08:02 | Report Abuse

Good morning TCB/ Dunknow - happy chap goh meh n huat arr ......

yongyou

4,676 posts

Posted by yongyou > 2015-03-05 08:16 | Report Abuse

Morning all TCB's specialists and all kawan-kawan

cbyeoh

131 posts

Posted by cbyeoh > 2015-03-05 08:46 | Report Abuse

by HLE - Momentum Idea - IDEAL
IDEAL: Ripe for an eventual breakout
Ripe for a rebound after consolidating sideways in the last four weeks.
A decisive breakout above RM0.50 will spur prices higher to RM0.515-0.55 zones. Cut loss at RM0.45

yoda88

499 posts

Posted by yoda88 > 2015-03-05 08:49 | Report Abuse

UOBKH Retail Market Monitor 5 March 2015

FBMKLCI 1,821.25 (+4.29pts, +0.24%)
Blue chips withstood selling pressure across the board after investors
locked in recent gains.

MSCI Asia Pacific Index (-0.6%)
Asian stocks fell from a six-month high, tracking declines in European
and U.S. equities, as telecom companies led losses.

Top Gainers: YTL (+2.44%), PPB (+1.91%) and Skpetro (+1.54%)
Top Losers: Genting (-2.46%), Astro (-0.94%) and Ambank (-0.933%)

FBMKLCI
Support: 1,800, 1,770
Resistance: 1,830 1,845

US stocks declined for the second consecutive session on Wednesday,
sending the S&P 500 to its lowest level in two weeks.

S&P500 2,098.54 (-0.40%)
DJIA 18,096.96 (-0.60%)

*Private-sector employment data on Wednesday showed continued gains in
February but at a slower pace than in the prior month. ADP reported
employers added 212,000 jobs last month, below January’s revised gain
of 250,000.

Stocks to watch:
1) TA ENTERPRISE; Technical BUY with +24.4% potential return
*Last: RM0.770 Target: RM0.875, RM0.970 Stop: RM0.730
*Timeframe: 2 weeks to 2 months

2) IREKA CORPORATION; Technical BUY with +17.0% potential return
*Last RM0.680 Target: RM0.745, RM0.825 Stop: RM0.630
*Timeframe: 2 weeks to 2 months

3) BCB BERHAD; Technical BUY with +30.2% potential return
*Last: RM1.05 Target: RM1.24, RM1.38, Stop: RM0.96
*Timeframe: 2 weeks to 3 months

For full report, please log in to www.utrade.com.my

cbyeoh

131 posts

Posted by cbyeoh > 2015-03-05 08:50 | Report Abuse

UOBKH - Stocks to watch:
1) TA ENTERPRISE; Technical BUY with +24.4% potential return
*Last: RM0.770 Target: RM0.875, RM0.970 Stop: RM0.730
*Timeframe: 2 weeks to 2 months

2) IREKA CORPORATION; Technical BUY with +17.0% potential return
*Last RM0.680 Target: RM0.745, RM0.825 Stop: RM0.630
*Timeframe: 2 weeks to 2 months

3) BCB BERHAD; Technical BUY with +30.2% potential return
*Last: RM1.05 Target: RM1.24, RM1.38, Stop: RM0.96
*Timeframe: 2 weeks to 3 months

yoda88

499 posts

Posted by yoda88 > 2015-03-05 08:51 | Report Abuse

Wishing everyone a Happy Chap Goh Meh.

yongyou

4,676 posts

Posted by yongyou > 2015-03-05 08:55 | Report Abuse

thanks yoda88 & cbyeoh

cbyeoh

131 posts

Posted by cbyeoh > 2015-03-05 09:31 | Report Abuse

European Central Bank gets ready to unleash €1.1 trillion QE blitz
https://uk.finance.yahoo.com/news/european-central-bank-gets-ready-223917558.html

cbyeoh

131 posts

Posted by cbyeoh > 2015-03-05 09:59 | Report Abuse

US running out of room to store oil; price collapse next?https://uk.finance.yahoo.com/news/us-running-room-store-oil-171025359.html

cbyeoh

131 posts

Posted by cbyeoh > 2015-03-05 09:59 | Report Abuse

US running out of room to store oil; price collapse next?https://uk.finance.yahoo.com/news/us-running-room-store-oil-171025359.html

cbyeoh

131 posts

Posted by cbyeoh > 2015-03-05 10:46 | Report Abuse

China lowers 2015 growth target to 'approximately 7%'
https://uk.finance.yahoo.com/news/china-lowers-2015-growth-target-021746429.html

Posted by bbeepink > 2015-03-05 10:47 | Report Abuse

Dear TCB,

Can you please advise on Perisai? Is it looking bad? thanks.

lctay81

37 posts

Posted by lctay81 > 2015-03-05 10:58 | Report Abuse

Dear TCB
Please advise on muiind, scomi, jaskita, Tq

profitman

2,094 posts

Posted by profitman > 2015-03-05 11:13 | Report Abuse

Mike, yes, there are books and websites that explain resistance, support and trailing stops. In some charts, clicking on some keys will display the S and R too.

Different traders use different methods of determining R and S. Some will use trendlines. One can map out the trendline for a stock trading in a channel and buy near S and sell near R. Yet others, may use Fibonacci retracement levels to decide or even pivot points. This link here may be of help to you:

http://www.stocktradingtogo.com/2009/05/11/support-and-resistance-rules-levels-technical-analysis/

I personally use primarily volume and candlestick patterns as a guide to determine R and S and cross check it to trend lines and Fibonacci retracement levels. But please bear in mind that different traders employ different techniques and it will work just as well.

For trailing stop, as the price trends up, I set it at 2% to 3% off the highest price. Which means that 2% to 3% is my maximum tolerant level for the price to trend down before I lock in profits. Sometimes my tolerance level can be higher at 4% depending on how bullish the stock is as I try to ride the profits as far as it can go. Again, different traders have different views on this but the most important thing is that the trader is happy with the returns he/she gets. This is just my personal trading preference which has worked for me but may not work for others.

Hope the above helps. Others may want to share their thoughts on this too. Would be interesting to see how others trade.

--------------------------------------------------------------------
Posted by Mike Kong > Mar 5, 2015 02:00 AM

Dear TCB,

I have just found out about this forum here hence I'm just reading up.
I have 2 questions to ask if I may,

1) how does one decides/ determine SL, resistance & support level?
2) is there somewhere I can understand better about trailing stop?

Thanks everyone & special thanks to Matrixcool for introducing me to this forum.

profitman

2,094 posts

Posted by profitman > 2015-03-05 15:24 | Report Abuse

bbeepink, Perisai:

Immediate support = 0.575/0.58 ; Immediate resistance = 0.64
If support of 0.575/0.58 is broken, it will test its support at 0.54. There seems to be an emerging buying interest with selling pressure easing off. It is in consolidation at the moment. Stocks that trends up need a breather but do watch out for the support level at 0.575/0.58. A breach in this support may signal further weakness in the stock although the support is not at risk at the moment.

yongyou

4,676 posts

Posted by yongyou > 2015-03-05 15:33 | Report Abuse

Dear TCB, can you advise on JianKun.

Posted by Mike Kong > 2015-03-05 16:57 | Report Abuse

Thanks profitman. I'll read it up.
Have a great day ahead!!

twoplus

376 posts

Posted by twoplus > 2015-03-05 17:22 | Report Abuse

matrix cool how's dnex ?today close good

Posted by Syndicate_101 > 2015-03-05 18:09 | Report Abuse

I read Matrix cool mail... I am observed Fajar support at 0.450/0.455, it pretty much hold at this lever, Mwong3 the KLSE TA guys also give pretty good comment about it. hope to see this stock go beyond 0.515 as he mention. anyone have comment about it

profitman

2,094 posts

Posted by profitman > 2015-03-05 20:16 | Report Abuse

Syndicate_101, you are right in that the support of 0.45/0.455 of Fajar is holding well. It is a strong support level and if this support remains intact, it is poised to test its resistance. A quick glance at its latest FA does not appear impressive, something to keep at the back of our mind.

Posted by Speculator101 > 2015-03-05 21:42 | Report Abuse

profitman. What is the outlook of EG ? today seem to be high volume and hit the target of Matrix. can continue uptrend to move to 0.90 ?

mwong3

221 posts

Posted by mwong3 > 2015-03-05 21:45 | Report Abuse

Wanted to add on top of the Fajar. from Volume spread analysis, it seem like bottom reached by today and yesterday candle. VSA call testing and should give substantial move sooner

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