"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 .
Profitman....thanks for your prompt reply on the Tp given on Ifcamsc. Really appreciate!! Wow, such an impulsive move today and volatile too. Went down to 1.53 and shot up again towards closing. Still holding on to it.
Trading Idea - MYEG MYEG: Bottoming up amid bullish indicators The stock is grossly oversold as substantiated by daily oscillators. Moreover, “Bullish Harami Cross” candlestick pattern on daily chart suggests potential reversal trajectory. Hence, we opine that share price is about to reverse the recent retracement. Upside target prices are located at RM2.70 and RM2.87, with a long-term price objective of RM3.07. Supports at RM2.47, RM2.43 and RM2.40.
Momentum Idea - JOBST JOBST: Downtrend line breakout Still exploring new core business after assets disposal. Following completion of the disposal of assets to Seek Asia in Nov 14 for RM1.89bn and special dividend payment of RM2.65 in Dec 14, JOBST is still exploring new core business with its outstanding netcash of RM136m at end Dec 14. Consolidate upward. A decisive breakout above 0.475 (18 Mar high) will spur prices to retest RM0.505 (61.8% FR) to RM0.54 (76.4% FR) zones, before reaching our LT price target at RM0.595. Critical supports are located at RM0.43-0.44. Cut loss at RM0.42.
Has hit a bottom of 0.735 and underwent a technical rebound. The bearish engulfing candle of 15/4 suggest a possible consolidation setting in. Immediate support is at 0.785/0.79. The resistance levels are 0.835 and 0.875.
newinvestor8-Gpharos Resumption of uptrend is expected as it breaks upperband and usually will followed by a continuation of an uptrend.Today seen some buying interest as substantiated by the hourly chart and daily oscillators are hooking up at the positive region suggesting imminent resumption of uptrend. Further upside targets are at strong resistance of 0.52, once broken it will scale towards 0.54 and 0.565 the next target will be 0.615. Immediate support is 0.45 and 0.435. Cut loss below 0.41. Happy trading.
anastasia alexei-Krono Krono is uptrending with healthy volume for the past couple of days.The bullish trending is likely to continue with further new highs and upside targets can be found at 0.41 and 0.435.Mid term target can be seen at 0.46 level.All oscillators are trending in a positive region. Immediate support are found at 0.39 and 0.36. A cut loss if 0.35 is violated. Happy trading.
Good morning TA specialist,Profitman,Matrix,Yoda,Sunlight..technocodebreaker,cbyeoh.. Good morning Sis tsy...Congrad on ur Ifcamsc & MMSV ya...huatttttttt arrr
cherry tomato-KGB KGB may keep its uptrend mode after trending higher for the last two sessions. Traders may buy above 0.395 as a bullish bias could be present above this level, with a target price of 0.415 and 0.425 follow by 0.435. The stock may trade side ways and take a breather if it cannot sustain above the 0.395 mark. As such, further support can be found at 0.39 and 0.375. Exit if 0.365 is violated. Happy trading.
cherry tomato-KTB KTB price close above the 50MA level with improved volumes. The MACD Histogram has turned green, while the RSI has crossed above the 50 level suggesting that the positive momentum is intact.Resistance can be seen at 0.365,0.385 and 0.40.Any pullback if it cannot sustain above0.35 level, supports can be found at 0.32 and 0.315. A cut loss if 0.30 is violated. Happy trading.
It has been consolidating and has bottomed out at 0.595. The consolidation could be over and it is now testing the resistance of 0.67. Next resistance is at 0.73/0.74 if 0.67 is overcome. Immediate support is at 0.645. Stop loss if 0.595 is violated.
Momentum Idea - IBHD IBHD: Downtrend line breakout Shah Alam crown jewel. Huge potential growth from a RM9bn GDVa RM9bn GDV encompassing more than 10 residential and commercial tower blocks, in addition to the numerous other components adding to its property investment portfolio i.e. the RM750m Central Plaza @ i-City. Trading higher. Following the downtrend line breakout, IBHD is poised to retest RM0.685-0.705 zones before reaching our LT price target at RM0.76. Critical supports are located at RM0.61-0.625 Cut loss at RM0.595.
HLE 20/04/15 (sorry the above IBHD is on 17/04/15)
Momentum Idea - CUSCAPI CUSCAPI: Staging strong technical rebound § Share price is expected to stage a strong rebound due to a white candlestick in the region of Upper-Bollinger band and a “Positive Divergence” on daily chart provided ammunition to the technical rebound. We are targeting at RM0.24 and RM0.255, with a long-term objective of RM0.27. Supports are located at RM0.215 and RM0.205. Cut loss below RM0.20
newinvestor8-gpharos It tested the 0.515 resitance on a live chart today as the share was trading on 2nd T4.Gpharos is at a overbought situation and profit taking takes place today. It might trade side ways. It must break 0.515 to scale up further to next resistance of 0.535 and 0.56.Immediate supports can be found at 0.47 and 0.45. Happy trading and always trade with a plan.
newinvestor8-mpay Mpay is having a pullback after recent uptrending. It might trade side ways for awhile.Currently shares are at overbought stage. Watch out for reversal once the overbought situation has subside and momentum picks up and it need to break its 0.32 to scale higher towards 0.34 level.Supports can be found at 0.31 and 0.30 with a cut loss point at 0.285 level.Happy trading.
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 .