"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 .
LCTH: Its net profit jumped over 12 folds year on year to rm6 million despite sales increase to just 3.6% to rm30.9 million.
It manufactures precision plastic components and fabricates precision mould and dies. Its clients include HP, IBM, Dyson and Bose Corp.
LCTH intends to spend up to rm65 million on capex in 2015. About rm30 to rm40 million will be used to purchase land in Penang as its existing plant there is already operating at full capcity. It will utilize rm15 to rm20 million to build another plant in Johor and rm3 to rm5 million to replace old machineries.
Momentum Idea - PMETAL PMETAL: ripe for a technical bounce § The recent 15.6% slump in four days to end at RM2.86 yesterday as investors fear the surprised China’s government decision to remove export taxes on bars and rods of primary aluminium and aluminium-alloy effective 1 May. § At RM2.86, PMETAL is trading at undemanding 7.2x Bloomberg FY16 P/E, 44% below its 10-year historical average P/E of 13x, supported by an EPS CAGR of 17.8% for FY15-17 and decent dividend yield of 4.5%-5.2%. Hence, we advocate investors to take this opportunity to buy on weakness given that PMETAL’s fundamental and prospects remain intact § Technicals are grossly oversold. Risk taker can accumulate for technical rebound. A decisive breakout above immediate resistance of RM3.00 will lift prices higher towards RM3.20-3.30 zones. Cut loss below RM2.70
newinvestor8, many factors can cause the drop. They can be economic or political factors. Any of these can result in a loss of confidence in the market and it can be sold down defying any FA logic on the stock in the short term.
------------------------------------------------------------- Posted by newinvestor8 > Apr 28, 2015 02:57 PM
Momentum Idea - Penta PENTA: Ripe for further relief rally PENTA is likely to enjoy further relief rally as technical are on the mend after nosediving 22% in six days. Management sees improving quarters ahead after a seasonally weak 1Q15. A breakout above RM0.65 will prices higher to retest RM0.70-745 upside targets. Cut loss below RM0.555
westinee, thank you for your very encouraging words. We are glad you found it useful. A lot of credit goes to all the people here who are very courteous and understanding when posting their comments here.
Specially for TCB on this wesak.... Generosity brings happiness at every stage of its expression. We experience joy in forming the intention to be generous. We experience joy in the actual act of giving something. And we experience joy in remembering the fact that we have given.
Thanks for ur kind sharing moment, knowledge and experience. ...
Trading Idea - UNISEM UNISEM: Poised to retest 52-week high § Our Institutional Research maintains BUY on UNISEM with a RM2.82 target price, offers another 18% upside. § Technicals are on the mend following a Bullish Harami formation on 30 Apr. § Upside targets are RM2.49-2.59 with long term objective at RM2.67. Cut loss below RM2.17
Momentum Idea - ELSOFT ELSOFT: Gaining upside momentum § Restoration of uptrend is expected as oscillators (RSI, MACD and Slow Stochastics) on hourly and daily charts point to potential reversal to upside. Further upsides are targeted at RM1.88 and RM1.98, with a long-term objective of RM2.12. Immediate supports are pegged at RM1.75 and RM1.71. Cut loss below RM1.68
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 .