"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 .
Trading Idea - BENALEC ( frm Hle ) BENALEC: Potential flag breakout ◾️ An established land-reclamation specialist. ◾️ Potential flag breakout given bottoming up hourly oscillators ◾️ A decisive breakout above RM0.84 will spur prices higher towards RM0.88-0.96 zones. Cut loss at RM0.75
After received your email 11/03 Daily Update, I do monitor KUB movement too, it is 0.455 now and very close to the break out point and I bot some shares too, appreciate if you can provide more TA about this counter, many thanks. Happy Trading :)
I am happy both of you make money in the stock market. Please remember if the stocks either mention by me or TCB, do trade with an exit plan in case the stakes are against us.
Weekly Chart Based on the weekly chart, it is in stage 2 which is very bullish. It broke out from its long term down trend line which signalled trend reversal. The immediate target is $1.18 with the immediate $0.96/$0.99
Daily Chart It broke out from Falling Resistance Line with volume on 13/03 which signalled buy. And also, RSI broke out from Rounding Bottom which signalled bullish.Any weakness due to recent sharp rises and overbought situation may find $0.88 as immediate support and support 2 at $0.795. For short term trader, cut loss if $0.88 is violated. For medium trader, cut loss if $0.795 is violated.
Stage 3 of Market cycle-distribution which the price can be volatile. The price is expected to consolidate between $4.37 and $4.67. If break above $4.67, it will signalled Trend Reversal. If break below $4.37, it may find $4.15 as stronger support
lady77 Mpay The recent surge in share price has approached an overbought territory and triggers a pullback which has taken postiton in near term. Noticeably, all oscillatorssuggest impending selling pressure. Hence, its supported at 0.24 level. Immediate supports are located at 0.24 and 0.23. Critical resistances are situated at 0.325 and 0.335. A cut loss if 0.22 level is violated. happy trading.
KKB shares - potential resumption of uptrend as the stock is in a bullish region. All indicators are indicating a possible resumption of uptrend and a decisive breakout of the resistance of 1.52,1.54 will spur prices higher to 1.59 level.Further upsides with a long term objective of 1.72 level. Supports are located at 1.46 and 1.36. Cut loss below 1.30. Happy trading.
KUB is waiting to break and close above $0.46 soon. In fact, I have chosen it as my Top Pick this week:
KUB (6874) —It is expected to break out from “ Double Bottoms” formation above $0.46 which has bullish implication. The immediate target for such breakout is estimated to be $0.545 in the near future. A break above $0.46 with volume will take it to its immediate resistance at $0.49/$0.515 and $0.545. Stop loss if $0.435 is violated incase it is a Bull Trap.
Thank you for another pick like BDB. I have cleared all when it drop below 1.00 and still out with profits. A big big thanks for teaching/guiding me to become a better trader :)
teyl333, we are very happy to hear that and congratulations. Yes, you are trading the right way. Ride the profits as much as you want and lock in profits whenever you feel its time to do so according to your trading plan. Well done.
Beauty Stock 靓股 10 hrs · 16-03-2015 Beauty Stock 靓股 Technical Stock Watch: KUB (6874) Double Bottom chart pattern (双底图表形态) Current Price: RM 0.465 Target Price: RM 0.54 Cut Loss: RM 0.415 Disclaimer: The information contained is for information purposes only, and does not constitute, nor is it intended to constitute, the provision of financial product advice. 免责声明:所载文章及数据等内容 纯属个人观点仅供投资者参考 并不构成投资建议 投资者据此操作 买卖自负:风险自担
Momentum Idea - SALCON SALCON: Potential resumption of uptrend “Tweezers Bottom” pattern in the region of Lower-Bollinger band (RM0.725) on daily chart suggests reversal of recent retracement. “Positive Divergence” on hourly chart is poised to break above short-term downtrend of RM0.76. Breaching which could drive share price higher towards RM0.78 and RM0.80, with a long-term objective of RM0.85. Supports are located at RM0.74 and RM0.725. Cut loss below RM0.71.
Eversendai Corporation (BUY çè) Adding on more Secures 2 jobs in Saudi Arabia totaling RM246m. YTD job wins strong at RM864m, gunning for RM2bn this year. Orderbook estimated at RM2.3bn, implying 2.3x revenue cover. Maintain BUY with higher TP of RM0.98.
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 .