Posted by profitman > 2015-03-05 23:46 | Report Abuse

Speculator101, there were lots of profit taking on EG today. It formed a doji on high volume amidst a weak market sentiment is not too bad a performance. Nevertheless its still an indecision day. However, it is worthwhile to note that its momentum is tapering off and there is a distribution of its shares. Its bullish trend looks intact but may undergo consolidation before resuming its trend. As Matrix always advocate, do review your trailing stop.

Posted by profitman > 2015-03-05 23:48 | Report Abuse

mwong3, thanks for sharing the additional info.

Posted by tsy88 > 2015-03-06 07:18 | Report Abuse

Good morning TCB/Dunknow.

Have a profitable day ahead. Happy trading.

Posted by Comicsgilz > 2015-03-06 07:24 | Report Abuse

Hi...I'm new to trading...and see this TCB forum seem giving a good advice. May i know what TA and FA stand for? see lot of people mention TA and FA about some stock. Tq in advance.

Posted by Dunknow > 2015-03-06 07:33 | Report Abuse

gggggoooood morning profitman,matrixcool,yoda & all TA specialist
good morning tsy...

Happppppy trading ...huat arr

Posted by cbyeoh > 2015-03-06 08:44 | Report Abuse

HLE 06/03/2015

Eversendai (BUY çè)
Towering job wins ahead
The worst is over with VOs and high O&G startup costs being a thing of the past.
Targeting a record high new job wins in FY15, set to beat the previous record of RM1.7bn in FY10.
YTD job wins at RM618m, at least another RM1.1bn worth of contract wins in the next 10 months.
Maintain BUY, TP: RM0.83. Past hiccups are cured and new job wins are set to scale towering heights.

Sasbadi Holdings (BUY é)
Post 1QFY15 Results Meeting
From our recent company visit, we came away feeling more confident and have reaffirmed our positive stance on the company’s future prospects.
1QFY15 was a seasonally weaker quarter.
Its expansion plans are on schedule. We believe a Chinese publisher would be the next M&A target given that Sasbadi does not have market presence in National-Type Schools (Chinese).
Huge upside from its online segment. Also launched its ‘interactive bookmark’ during Baca World 2015 exhibition. We expect more exciting products to be launched this year.
Tweak earnings by 6-7% as we take into account higher contribution from the print publication and online segment.
Upgrade to BUY, with higher TP of RM2.06 based on 15x CY15 EPS or 50% discount to average P/E of education sector due to Sasbadi’s lower market capitalisation.

Posted by Dunknow > 2015-03-06 08:48 | Report Abuse

Hi cbyeoh,thanks for the sharing :D

Posted by cbyeoh > 2015-03-06 09:00 | Report Abuse

UOBKH 06/03/15


Stocks to watch:
1) NPTM HOLDINGS; Technical BUY with +15.5% potential return
*Last: RM0.775 Target: RM0.845, RM0.895 Stop: RM0.695
*Timeframe: 2 weeks to 2 months

2) SALCON BERHAD; Technical BUY with +17.0% potential return
*Last RM0.785 Target: RM0.930, RM0.965 Stop: RM0.725
*Timeframe: 2 weeks to 2 months

3) ONLY WORLD GROUP HOLDINGS; Technical BUY with +30.4% potential return
*Last: RM1.78 Target: RM2.14, RM2.36, Stop: RM1.59
*Timeframe: 2 weeks to 3 months

Posted by profitman > 2015-03-06 09:55 | Report Abuse

Comicsgilz, TA refers to Technical Analysis while FA is Fundamental Analysis. Most traders/investors buy and sell shares based on TA or FA or TA + FA depending on which technique works for them. All 3 approaches can be effective.

Very simply put, TA looks at historical price movements and analyzes technical indicators in an attempt to forecast the future price movement. FA looks at the financial data of the company in an attempt to evaluate and forecast the financial performance of the company and amongst other things, arrive at a valuation for its stock.

Posted by yoda88 > 2015-03-06 09:56 | Report Abuse

yongyoh
Jiankun

Jiankun is uptrending at this junture. With uncertain market condition jiankun is holding well. Watch for momentum and volume, if it manage to break the resistance of 0.375 and 0.38 further upsides are at 0.40 and 0.45 levels.There will be a pullback if broad market is weak and the support levels can be found at 0.36 and 0.34.
Stop loss if 0.335 is violated.
Happy trading.

Posted by profitman > 2015-03-06 10:16 | Report Abuse

cbyeoh, thank you for sharing the market info.

Posted by yoda88 > 2015-03-06 10:58 | Report Abuse

thanks cbyeoh

Posted by Comicsgilz > 2015-03-06 12:27 | Report Abuse

Ohh...its about the analysis... Thank you very much Sir Profitman ... :)

Posted by spec9888 > 2015-03-06 12:54 | Report Abuse

Dear TCB, I would like to get advice for the recent movement of BIMB, MBSB and MAHSING. Thanks.

Posted by belkg > 2015-03-06 17:37 | Report Abuse

Dear tcb,i would like to get adv on eversendai & borneo oil, tks

Posted by profitman > 2015-03-06 19:25 | Report Abuse

spec9888,
BIMB: Recent price movements saw it trading sideways with an immediate support base at 3.96 and an immediate resistance at 3.96/3.97. Still in a bearish trend.

MBSB: Consolidating sideways after undergoing a technical rebound. Has bottomed out at 2.04/2.05.Consolidating within the support line at 2.19 and resistance line at 2.25.

Mahsing: Still bearish and consolidating after an unsuccessful attempt to break the 2.13 resistance. Currently unable to take out its immediate resistance at 2.05. Should enjoy good support at 2.00/2.01. Need to clear the resistance at 2.12/2.13 for any meaningful price reversal. Increasing trading volume in the stock.
Hope the above helps.

Posted by helang008 > 2015-03-07 09:36 | Report Abuse

Dear tcb,i would like to get adv on tcmlife, bjcorp and takaso.
thx
have a nice weekend

Posted by Dunknow > 2015-03-07 17:50 | Report Abuse

good afternoon tcb,TA specialist,tsy...
have a wonderful weekend! :D

Posted by tsy88 > 2015-03-08 10:58 | Report Abuse

Good morning TCB/Dunknow

Posted by johnny cash > 2015-03-08 12:48 | Report Abuse

Dear TCB,, any ta on teo seng, or any other poultry chicken counter, big write up in saturday star, future earnings are going to pick up.. some already trading high example LTKM... sure there are some good mid caps counters on chicken eggs counters... i know you does not recommend but base on past performances and TA sure you have some picks... can you also please give a TA on MYEG,,, CIHLDG, MITRA, IFCA, and HEVEA? any counter already oversold a little, is it hevea?

Posted by TechcodeBreaker > 2015-03-08 21:30 | Report Abuse

Dear All,

This is to inform that we have just published our 3rd Stock In Focus for 2015 at http://tcb-sifs.blogspot.com/ featuring BDB.

Happy Trading and we wish you a profitable week ahead in the stock market.

Posted by duitKWSPkita > 2015-03-08 21:59 | Report Abuse

Thanks TCB members for the sharing.....

APpreciated it.

Posted by tsy88 > 2015-03-09 04:56 | Report Abuse

Dear TCB/Dunknow

Good morning.

Have a profitable day ahead. Happy trading !!

Posted by tsy88 > 2015-03-09 06:17 | Report Abuse

Dear TCB -

Many thanks for the latest Stock in Focus on Bdb. Indeed an uptrending counter !!

Posted by yongyou > 2015-03-09 06:22 | Report Abuse

Morning all

Posted by yongyou > 2015-03-09 06:23 | Report Abuse

Thanks yoda88.

Posted by Dunknow > 2015-03-09 07:35 | Report Abuse

good morning TA specialist,tsy,yongyou...
thanks for the SIF,huatttttttt arr

Posted by stay_foolish > 2015-03-09 08:46 | Report Abuse

Hi morning everyone :) Been awhile. have been very busy for some personal stuffs :)

Posted by stay_foolish > 2015-03-09 08:47 | Report Abuse

Novice8

Hi Novice8, hope the chart reading wasnt too late :) Happy Trading =)

Mahsing

Stage 3 of Market Cycle which the price can be volatile. it is still under consolidation between $1.89 and $2.15. It is expected to test $2.12. If break above $2.12, it will test $2.15 and $2.23. Immediate support is at $2.00 and stronger support at $1.89.

Posted by stay_foolish > 2015-03-09 08:48 | Report Abuse

lctay81

Scomi

Stage 3 of Market Cycle which the price can be volatile. A White Candle with volume on 10/2 show a Bullish Signal. However, it failed to break above $0.305 and now it is under consolidation btw $0.25 and $0.305. If break below $0.25, it will find $0.235 as immediate support. Strong support at $0.205.

Happy Trading :)

Posted by yoda88 > 2015-03-09 08:58 | Report Abuse

johnny cash
Polutry Farming Counters
Agree Mr. Johnny Cash,this a good counters with high future earnings. You may want look at the entire sector of polutry farning which consists of
hatchery,broiler,aquacul...Bahvest,CAB,CCK,DBE,FARMBES,HUATLAI,LAYHONG,LTKM,QL,SHCHAN,TEOSENG,TPC,XIANLNG...if you're looking for mid to long term investment your can accumulate your chosen polutry stocks on dips and hold.You need to look into the fundamental of this stocks and many has gone up.
Happy Trading.

Posted by yoda88 > 2015-03-09 08:59 | Report Abuse

UOBKH Retail Market Monitor 9 March 2015 (AMENDED)

FBMKLCI 1,806.96 (+0.87pts, +0.05%)
In tandem with that of most Asian regional benchmark indices.

MSCI Asia Pacific Index (-0.3%)

Top Gainers: CIMB (+1.8%), IHH (+1.3%) and HLFG (+1.2%)
Top Losers: YTL (-3.0%), Pchem (-2.0%) and Skpetro (-1.6%)

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

US markets slumped on Friday despite stronger employment data.

S&P500 2,071.26 (-1.40%)
DJIA 18,056.78 (-1.50%)

*The US economy added 295,000 jobs last months while the unemployment
rate fell to 5.5%. Wage growth, however, was sluggish, rising 2%,
two-thirds as fast as during a strong economic expansion. Staples fell
2.7% after the office-supplies retailer said it swung to a loss in the
fourth quarter.

Stocks to watch:
1) CAM RESOURCES; Technical BUY with +20.0% potential return
*Last: RM0.375 Target: RM0.395, RM0.445 Stop: RM0.335
*Timeframe: 2 weeks to 2 months

2) YTL E-SOLUTION; Technical BUY with +23.0% potential return
*Last RM0.565 Target: RM0.640, RM0.695 Stop: RM0.525
*Timeframe: 2 weeks to 2 months

3) JOBSTREET CORPORATION; Technical BUY with +22.9% potential return
*Last: RM0.450 Target: RM0.515, RM0.590, Stop: RM0.435
*Timeframe: 2 weeks to 3 months

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

Posted by cbyeoh > 2015-03-09 09:23 | Report Abuse

UOBKH 09/03/15

Stocks to watch:
1) CAM RESOURCES; Technical BUY with +20.0% potential return
*Last: RM0.375 Target: RM0.395, RM0.445 Stop: RM0.335
*Timeframe: 2 weeks to 2 months

2) YTL E-SOLUTION; Technical BUY with +23.0% potential return
*Last RM0.565 Target: RM0.640, RM0.695 Stop: RM0.525
*Timeframe: 2 weeks to 2 months

3) JOBSTREET CORPORATION; Technical BUY with +22.9% potential return
*Last: RM0.450 Target: RM0.515, RM0.590, Stop: RM0.435
*Timeframe: 2 weeks to 3 months

Posted by matrixcool > 2015-03-09 10:03 | Report Abuse

belkg Borneo Oil is back on my radar..


BORNEO OIL (7036) —Its recent consolidation looks over and one can expect some strong rebound. The uptrend line is intact, immediate support is adjusted to $0.89 and Strong support is at $0.865.Immediate resistance adjusts to 40.96/$0.98. SL if <$0.865.

Happy Trading

Posted by yoda88 > 2015-03-09 10:07 | Report Abuse

belkg
Sendai
As posted by cbyeoh:-
Eversendai
Towering job wins ahead
The worst is over with VOs and high O&G startup costs being a thing of the past.
Targeting a record high new job wins in FY15, set to beat the previous record of RM1.7bn in FY10.
YTD job wins at RM618m, at least another RM1.1bn worth of contract wins in the next 10 months.
Maintain BUY, TP: RM0.83. Past hiccups are cured and new job wins are set to scale towering heights.
Sendai is trending in a positive region, attempting to test its 1st resistance of 0.755 and 0.78. If if breach 0.80 level with volume, sendai will trend higher in the near future.
Supports can be found at 0.72 and 0.70 level.
Stop loss if 0.68 is violated.
happy trading.

Posted by profitman > 2015-03-09 10:39 | Report Abuse

helang008,

TMCLife: Broken down from its strong support of 0.69. It attempted to close the gap support of 0.655/0.69. However, the 0.655 support appears to be holding well todate.

Bjcorp: Range bound trading between 0.43 support and 0.45 resistance. Likely to continue its side way movement in the near term.

Takaso: Consolidating after undergoing a correction. Support is at 0.465 while resistance is at 0.505. Seems to have found a support base at 0.465 at the moment.

----------------------------------------------------------------
Posted by helang008 > Mar 7, 2015 09:36 AM | Report Abuse

Dear tcb,i would like to get adv on tcmlife, bjcorp and takaso.
thx
have a nice weekend

Posted by cbyeoh > 2015-03-09 11:49 | Report Abuse

HLE 09/03/15

Impulse Trading - SYSTECH
SYSTECH: Downtrend line breakout with strong volume
“Tweezers Bottom” pattern, white candlestick and ‘hook-up” oscillators signal potential restoration of uptrend and strong buying strength. Simultaneously, downtrend breakout in hourly chart provides ammunition to buying momentum.
Further upsides are targeted at RM0.355, RM0.37, and RM0.395. Immediate support is pegged at RM0.32. Cut loss below RM0.30.

Impulse Trading - PUC
PUC: Bottoming up amid bullish oscillators
Reversal of downtrend is seen following a decision breach above the downtrend near RM0.15 with high volume! Note that early indication of resumption of the uptrend was triggered by “Positive Divergence” pattern. Further upsides are targeted at RM0.17, RM0.18, and RM0.19. Immediate support is pegged at RM0.155. Cut loss below RM0.15

Posted by cbyeoh > 2015-03-09 11:50 | Report Abuse

HLE 09/03/15

Impulse Trading - SYSTECH
SYSTECH: Downtrend line breakout with strong volume
“Tweezers Bottom” pattern, white candlestick and ‘hook-up” oscillators signal potential restoration of uptrend and strong buying strength. Simultaneously, downtrend breakout in hourly chart provides ammunition to buying momentum.
Further upsides are targeted at RM0.355, RM0.37, and RM0.395. Immediate support is pegged at RM0.32. Cut loss below RM0.30.

Impulse Trading - PUC
PUC: Bottoming up amid bullish oscillators
Reversal of downtrend is seen following a decision breach above the downtrend near RM0.15 with high volume! Note that early indication of resumption of the uptrend was triggered by “Positive Divergence” pattern. Further upsides are targeted at RM0.17, RM0.18, and RM0.19. Immediate support is pegged at RM0.155. Cut loss below RM0.15

Posted by spec9888 > 2015-03-09 17:09 | Report Abuse

Thanks profitman in the analysis.

Posted by Comicsgilz > 2015-03-09 17:19 | Report Abuse

Thanks sir cbyeoh for the analysis.

Posted by belkg > 2015-03-09 22:18 | Report Abuse

tks for anaylise on borneo oil n eversendai.pls advice on dgsb n wintoni.tks

Posted by Dunknow > 2015-03-09 22:25 | Report Abuse

Thanks TCB for wonderful analysis. ...appreciate !

Posted by twoplus > 2015-03-10 00:23 | Report Abuse

DNEX any update?

Posted by Dunknow > 2015-03-10 07:32 | Report Abuse

Good morning TA Specialist
Good morning tsy & all forummer
Happy trading ahead yeah...

Posted by tsy88 > 2015-03-10 08:07 | Report Abuse

Good morning TCB/ Dunknow.

Have a profitable day with lots of $$$$$$.. happy trading !!

Posted by ProfitMan > 2015-03-10 09:29 | Report Abuse

Dear all, good morning and happy trading.

Posted by cbyeoh > 2015-03-10 10:35 | Report Abuse

HLE - 10/03/15

Momentum Idea - BRAHIMS
BRAHIMS: Ripe for a technical rebound
Ripe for a rebound after a bullish Harami candlestick and bottming up indicators
A decisive breakout above RM0.93 will spur prices higher to RM1.00-1.12 zones. Cut loss at RM0.78

Posted by ProfitMan > 2015-03-10 12:51 | Report Abuse

CB, thanks for the info. Very useful for trading ideas.

Posted by Dunknow > 2015-03-10 13:14 | Report Abuse

hi,TCB ….can you please give me some light on Borneo oil?thanks in advance… :D…consider to buy at 0.895…

Posted by yongyou > 2015-03-10 14:18 | Report Abuse

Hi cbyeoh, thanks for your daily info/updates.