Posted by cbyeoh > 2015-05-07 08:43 | Report Abuse

HLE - 07/05/15

Trading Idea - BRAHIMS
BRAHIMS: Pending for a breakout
§ The market is still awaiting the signing of new catering agreement between the company and MAS after the lapse 30 Apr cut-off date.
§ BRAHIMS is building its base along 30-d SMA near RM0.875 and daily lower Bollinger band near RM0.86. Immediate resistance levels are RM0.95 (23.6% FR).
§ A decisive breakout above RM0.95 will spur prices higher towards RM1.04 (38.2% FR and latest book value/share) and our long term objective of RM1.11 (50% FR). Cut loss below RM0.81.

Posted by shengtat > 2015-05-07 23:24 | Report Abuse

hi, i bought in wintoni last two weeks with 0.355 and my SL is 0.3/15%
Should i cut loss or hold or average down?

Posted by Dunknow > 2015-05-08 07:31 | Report Abuse

good morning TCB
good morning tsy

Happy trading & have a nice weekend ahead ya...

Posted by tsy88 > 2015-05-08 07:36 | Report Abuse

Good morning TCB/Dunknow

Have a great day ahead. Happy trading !!

Posted by cbyeoh > 2015-05-08 08:40 | Report Abuse

UOBKH - 08/05/15

Stocks to watch:
1) KELINGTON GROUP; Technical BUY with +19.5% potential return
*Last: RM0.410 Target: RM0.465, RM0.490 Stop: RM0.375
*Timeframe: 2 weeks to 2 months

2) HWA TAI INDUSTRIES; Technical BUY on breakout with +27.7% potential return
*Last RM0.465 Target: RM0.585 RM0.645 Stop: RM0.425
*Timeframe: 2 weeks to 2 months

3) GOLDEN LAND; Technical BUY with +29.4% potential return
*Last: RM1.26 Target: RM1.52, RM1.63, Stop: RM1.12
*Timeframe: 2 wzeeks to 3 months

Posted by cbyeoh > 2015-05-08 08:41 | Report Abuse

HLE - 08/05/15

Trading Idea - FLBHD
FLBHD: Resumption of uptrend
§ FLBHD’s export markets contributed approximately 98% of the group’s total revenue. Thus, FLBHD’s top and bottom line could be boosted by strong USD. The group has net cash per share of RM0.57 which is equivalent to 39% of its share price and attractive dividend yield of 5.5%.
§ The stock is grossly oversold and about to bottom out in near term, as substantiated by oscillators. We are targeting RM1.52 and RM1.64, with a long term objective of RM1.70. However, immediate supports are at RM1.42 and RM1.39. Cut loss below RM1.37.

Posted by ProfitMan > 2015-05-08 09:54 | Report Abuse

Good morning Dunknow, tsy88 and all. Thanks Dunknow and tsy88 for your daily morning wishes. Appreciate it. Hope your trades are making money.

Posted by ProfitMan > 2015-05-08 10:45 | Report Abuse

shengtat, Wintoni is in a correction phase with an immediate support at 0.31. Resistance is at 0.35. It is currently testing this 0.31 support level and appears to have support today at 0.30. We do not encourage averaging down. You will need to decide on your next course of action whether to cut loss or to see if the support of 0.30 is strong and sustainable. Hope that helps.

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Posted by shengtat > May 7, 2015 11:24 PM

hi, i bought in wintoni last two weeks with 0.355 and my SL is 0.3/15%
Should i cut loss or hold or average down?

Posted by cityplus > 2015-05-08 20:15 | Report Abuse

Dear all TCB sifu,

Appreciate can study and provide some TA for EG, VSOLAR, GESHEN and CENTURY, thanks in advance :)

Posted by RaymondPang > 2015-05-08 22:16 | Report Abuse

To TCB,

I am new here, it is happy to see such a good forum here, I would like to ask about TA of FAJAR and OCNCASH, thanks.

Posted by Dunknow > 2015-05-09 07:32 | Report Abuse

Gooooooooooooooooooooooood morninggggggggggg.....TCB
good morning tsy...

Have a great weekend ahead....

Posted by tsy88 > 2015-05-09 10:29 | Report Abuse

Good morning TCB/Dunknow

Have a wonderful Saturday.....!!!!

Posted by tsy88 > 2015-05-09 10:47 | Report Abuse

Profitman....u are most welcome.

Yes, do make from trading, thanks to Matrixcool's alerts n Fifo n weekly updates, Connie's analysis as well as from my observation. Personally for me, I feel that if one goes in the right counter, then one can gain be it bullish or bearish market. In red red sea, there are stocks bucking the trend n those are the stocks u need to trade. Some move up in a quantam leap, thereby u can reap huge gains. However, caution needs to be excercised in a volatile market !!!

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Posted by ProfitMan > May 8, 2015 09:54 AM | Report Abuse 

Good morning Dunknow, tsy88 and all. Thanks Dunknow and tsy88 for your daily morning wishes. Appreciate it. Hope your trades are making money.

Posted by tsy88 > 2015-05-09 11:08 | Report Abuse

Profitman......and not forgetting Duit's call n handouts n TCB's valuable TA analysis, m I able to profit from trading.

Posted by Drunk Panda > 2015-05-09 15:26 | Report Abuse

Dear TCB,
please assist on TA of Trop, Zelan and Evergrn , thank you in advance.

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

Hi venerable great people of TCB, thanks for all your kindness and help. It's really amazing how everyone share their knowledge unselfishly, especially to mr matrixcool for starting this project.

please forgive my ignorance, but i've got a few queries which i can't seem to figure out

1) is there a particular scan TCB runs to build a watchlist? which indicators would be used, ie MACD/RSI crossovers or the like? I can see most stocks are in stage 2 aka stan weinstein's stage analysis, but would there be any criteria used to narrow down a watchlist?

2) are there any market filters employed in the trading plan? ie if the index is on a downtrend/market breadth is declining, would the trading plan calls for one to stay out of the market?

3) would there be any rules to lock in profits? I really enjoy sir matrixcool's post on evergreen, was curious on what trailing stop is used in this trade. would this be a percentage based trailing stop? or is the stop based on previous support/resistance line? would there any rules on locking profits ie selling half the position after the profit is twice the initial risk? are there any rules to differentiate when to scale out or use a trailing stop?

4) i've been trying to look for notes on position sizing and money management. is there a rule of thumb on how many position should one hold at one time, (4-5 maybe?) and what should be the risk used on each trade (1-2%?)

many thanks in advance for your wisdom

Posted by tsy88 > 2015-05-10 10:22 | Report Abuse

Good morning Tcb/dunknow.

Have a wonderful Sunday !!!

Posted by tsy88 > 2015-05-11 07:06 | Report Abuse

Good morning Tcb/dunknow.

Have a great ahead with fruitful gains. Happy trading !!

Posted by Dunknow > 2015-05-11 07:32 | Report Abuse

good morning TCB
good morning tsy

Let's swim in the sea of green monster today :D

Posted by Dunknow > 2015-05-11 07:44 | Report Abuse

Can TCB please advise me on ksl,LCTH & hsl?thankkkkkkkkkkkkkkkssssssss

Posted by cbyeoh > 2015-05-11 08:55 | Report Abuse

UOBKH - 11/05/15

Stocks to watch:
1) BINTAI KINDEN CORPORATION; Technical BUY on breakout with +25.3% potential return
*Last: RM0.345 Target: RM0.435, RM0.470 Stop: RM0.315
*Timeframe: 2 weeks to 2 months

2) TECHFAST HOLDINGS; Technical BUY on breakout with +38.3% potential return
*Last RM0.220 Target: RM0.290 RM0.325 Stop: RM0.180
*Timeframe: 2 weeks to 2 months

3) FARLIM GROUP (M); Technical BUY with +19.2% potential return
*Last: RM0.625 Target: RM0.695, RM0.745, Stop: RM0.570
*Timeframe: 2 weeks to 2 months

Posted by cbyeoh > 2015-05-11 08:56 | Report Abuse

HLE - 11/05/15

Trading Idea - MRCB
MRCB: Revival play for long term investor
§ New management has delivered on much of its major promises to transform MRCB to become a property-centric group.
§ HLIB has a BUY rating on MRCB with an institutional target price of RM1.88, or 41% upside.
§ As long as the daily uptrend line support near RM1.26 is not violated, ongoing recovery is still in the early stage. A decisive breakout above RM1.39 will spur prices higher towards RM1.44 to RM1.57 in the medium to long term. Cut loss below RM1.22.

Posted by matrixcool > 2015-05-11 09:37 | Report Abuse

kurakura ,on your question of:
Are there any rules to differentiate when to scale out or use a trailing stop?

I posted on Trailing Stop last year. Just to share with you my method of setting Trailing Stop and every trader may opine differently as I am a Short Term Trader.


Trailing Stop (24/01/2015)
Thanks to Dunknow for helping out on Trailing Stop , to be honest I have forgotten that I had written about it earlier by using SMRT.
Maybe I will add in a few notes for trading purpose:
You need to ask a few questions before you can set or calculate a Trailing Stop:
a) What kind of trader are you? Day Trader, Short or Long term?
b) Are your stocks closed to your target price?
c) Is the stock trending or sideways?
d) Does the chart pattern show sign of reversal?
I can only share my thought how I set my Trailing Stop for a Short Term Trader. For day trader and long term trader you may need different calculation.
I know some use Fibo numbers which I am not too familiar but maybe it is helpful if you are long term trader and you are comfortable at 50% retracement but I am not.
You are setting a Trailing Stop because you are on a winning stock. Like all of us you want to sell at the Top right? But let me tell you it does work that way, no one can sell a stock at the top all the time. You want to ride on your profits as long as you can and want to sell at the top, sorry this 2 things does not work hand in hand. You also do not want to sell too early and missed the big profits.
1) For short Term Trrdaer--I normally set my Trailing Stop just below an important support, for example the breakout level (Resistance turns support), or support that has big volume on it.
2) I will tighten my Trailing stop when the price is close to my Target price. That says I bought a stock at $1.00, my target is $1.20. When the stock say move to $1.18 which is 2 cents off my target, I may set it at says $1.15 if it fails to hit $1.20. ( In Mathematic that means to make that extra 2 cents I am willing to give back 3 cent gain).
3) That says it hit $1.20 and break above, I would have taken partial profits and set my new Trailing Stop at $1.18 (2 bits below the breakout of $1.20 to protect my remaining profits.)
4) When the chart shows weakness like form a Dark Cloud, Shooting Star etc., then I may set the Trailing 1-2 bits below that Bearish Candle.
Lastly, this is my way of trading and many of you may not agree with my method. The most important for you to decide is how much you are willing to give back in exchange for a longer ride? That is your right Trailing Stop Level.

Hope this help.

Posted by duitKWSPkita > 2015-05-11 09:39 | Report Abuse

Great morning matrixcool and TCB members...........

ABout 2,000 years never see your comments...................

Seeing you back... it made my day!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Posted by st51 > 2015-05-11 11:46 | Report Abuse

Hi tcb, i bought in wintoni this morning with 0.325 , is now a good timing to avg down or hold or cut loss with min loss?

Posted by TechcodeBreaker > 2015-05-11 12:28 | Report Abuse

Dear All,

This is to inform that we have just published our 7th Stock in Focus of 2015 featuring Penta at http://tcb-sifs.blogspot.com/.

As a friendly reminder, having a trading plan is the recipe for a successful trading. Happy Trading!

Posted by TechcodeBreaker > 2015-05-11 12:36 | Report Abuse

We take this opportunity to thank all TCB visitors for their contributions and comments. We appreciate your presence and support for TCB. Thank You!

Posted by novice8 > 2015-05-11 12:38 | Report Abuse

Tq tcb for Penta analysis!!

Posted by matrixcool > 2015-05-11 12:53 | Report Abuse

Haha duitKWSPkita ,
The TCB is under the very capable hand of profitMan and gangs..
I am very happy as TCB has been focused in helping others on TA.

Happy Trading..

Posted by MainBesar > 2015-05-11 13:30 | Report Abuse

Gud afternoon tcb crews n everybody... Need ur help on systech... Any ideas on dis counter... Should it rebound from this level???

Posted by sunflower22 > 2015-05-11 13:48 | Report Abuse

Good afternoon matrix, TCB and all,

Many thanks to Matrix for the guidance and advise.. Nice to see you back and post comments here..Yeah !!!

Posted by profitman > 2015-05-11 14:49 | Report Abuse

MainBesar, Systech is trading near its support of 0.33. If 0.33 holds, you can expect a technical rebound. If it doesn't, you will be looking at it to test its next support at 0.305. It has 0.365/0.37 as its immediate resistance.

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Posted by MainBesar > May 11, 2015 01:30 PM

Gud afternoon tcb crews n everybody... Need ur help on systech... Any ideas on dis counter... Should it rebound from this level???

Posted by MainBesar > 2015-05-11 15:02 | Report Abuse

Thanks profit man

Posted by profitman > 2015-05-11 15:52 | Report Abuse

st51, the support of Wintoni at 0.30 is still holding. We do not advise on trading decisions. You will need to refer to your trading plan for guidance. TA tells us the history of the stock but it does not tell us the future. Please trade according to your trading plan. If you do not have a trading plan, we would strongly suggest you draw one up. Then you will have a better idea of how you want to trade this stock.

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May 8, 2015 10:45 AM (Earlier comment on Wintoni):

shengtat, Wintoni is in a correction phase with an immediate support at 0.31. Resistance is at 0.35. It is currently testing this 0.31 support level and appears to have support today at 0.30. We do not encourage averaging down. You will need to decide on your next course of action whether to cut loss or to see if the support of 0.30 is strong and sustainable. Hope that helps.

Posted by quahsb > 2015-05-11 15:54 | Report Abuse

Dear TCB,
please let me know your views on Stemlfe (0137)

Posted by profitman > 2015-05-11 17:13 | Report Abuse

kurakura, matrix has kindly shared his excellent knowledge on trailing stop with us. I will try to address your other questions to the best of my ability.

(1) & (2): We do not employ any specific scan to build the watchlist. But there are various software filters (available freely) that can be used to generate a list of stocks to look at. There are also paid softwares in the market that alerts you on stocks to watch out for. However, do note that these filters are not the holy grail to a jackpot stock. They give you a starting point to analyze these stocks further.

From this stock list, you can go through their indicators and candlestick patterns to filter further. You will probably realize that different indicators of the stock can send different signals which can confuse the trader. So, there is no one indicator(s) that will indicate when to buy or sell. But you can look out for trading patterns or bullish/bearish reversal candles to make your trading decisions.

We do prefer to trade stocks that are in Wave 3 (stage 2 if you use staging). The trading plan is for a specific stock. Irregardless of the the overall market, we trade according to our trading plan. Whether its an uptrend or downtrend, there are always stocks that goes counter to it.

(4) It is best to keep our trading counters to a max of 5 to 6 stocks at any one time. If not we will be over trading. Different individuals will have different risk tolerance. So, the risk taking can vary. There is no really hard and fixed rule to it.

Posted by duitKWSPkita > 2015-05-11 17:17 | Report Abuse

thanks Matrixcool for the precursor notes and counter thanks handsome gentleman Profitman on add on notes.

You guys are EXCELLENT!!!!!!!!!!! Very kind and dedicated persons to help forummers. SALUTE and RESPECT always.

Must take sufficient rest ya all TCB members.

Have a great evening profitbro!

Posted by profitman > 2015-05-11 18:05 | Report Abuse

Thanks Duit. ...hahaha....You too have a fantastic evening.

Posted by Dunknow > 2015-05-11 21:37 | Report Abuse

Hi TCB,thanks for the update on PENTA.
Good jobs & appreciated so so so mucccccccccchhhhhhh

Posted by Dunknow > 2015-05-11 21:45 | Report Abuse

TechcodeBreaker....
appreciate for great jobs,u thanks us but do let us thanks u first... :D
THANKSSSS YOUUUUU (loudly)

Posted by TechcodeBreaker > May 11, 2015 12:36 PM | Report Abuse

We take this opportunity to thank all TCB visitors for their contributions and comments. We appreciate your presence and support for TCB. Thank You!

Posted by profitman > 2015-05-11 22:42 | Report Abuse

Dunknow, nice Mr Bean pic ...hahaha....

Posted by Dunknow > 2015-05-11 22:45 | Report Abuse

Profitman,a simple funny man can makes our day less tense in this sharkie shakie bursa sea....cheeeeeeeseeeeee .....

Posted by yoda88 > 2015-05-11 22:58 | Report Abuse

Vsolar-cityplus
Patterns and chart wise are distinctly negative on this stock. Sharp drop for the past few trading days with high volume suggesting snowballing distribution.If you are looking to trade this stock, watch for a reversal signal or techincal rebound.If 0.17 is broken it will retrace towards the supports of 0.14 and 0.12 levels as the shares are trading below the 200MA at current stage.Any reversal its likely to test 0.19 and 0.21.
Happy trading.

Posted by yoda88 > 2015-05-11 23:20 | Report Abuse

Century-cityplus
Since the uptrend on 24th April this share has been trading sideways and retracing lately.Logistic stocks had positive patterns today and Century may experience further uptrust movement once the gap of 0.855 is close. The bullish bias will likely return if the 0.87 resistance level is surpassed with the next resistance of 0.91.
If the stock falls below the 0.83 level in the immediate term,the next support levels are anticipated at 0.805, followed by 0.785. A stop loss if 0.78 is violated.
happy trading.

Posted by duitKWSPkita > 2015-05-11 23:27 | Report Abuse

Hello yoda88,

so long no see you.... Miss you all already. How are you? busy in workplace juga?

Thanks for technical code reading.

Posted by yoda88 > 2015-05-11 23:30 | Report Abuse

Hi duitKWSPkita, nice to hear from you.Sharing is caring, hope to hear your views too.Thanks for the support.

Posted by duitKWSPkita > 2015-05-11 23:33 | Report Abuse

I enjoyed very much to read ur sharing la....

yup..sharing is caring... share out and we learn faster.....

will continue to support....silent reader of TCB thread since day one. and continue kacau in CC house... please join us in CC house should U wan to distress from works

Posted by yoda88 > 2015-05-11 23:38 | Report Abuse

Geshen-cityplus
Trading sideways and well supported at current level.Geshen is a control stock and can move quiet fast. Watch for momentum if you are trading this stock. Well supported at 20MA level and if 0.70 is close with volume it might test the resistance of 0.73 and 0.75.Supports can be found at 0.67 and 0.65.A stop loss if 0.64 is violated.
Happy trading.

Posted by profitman > 2015-05-12 00:35 | Report Abuse

RaymondPang,welcome and thank you for dropping by and for your kind words.

Fajar:
Sideway rectangle trading between resistance of 0.465 and support of 0.425. It will face major resistance at 0.515 if it breaks above 0.465 while a breakdown from 0.425 will complete the double top bearish reversal pattern and its price will head towards the next support at 0.355.

OcnCash:
Uptrend is intact. Currently undergoing a technical rebound after a correction in price. Seems to have found a support base at 0.30/0.31. Immediate resistance is at 0.355/0.36. Will need to clear its major resistance at 0.385 before testing the next resistance at 0.436.

Posted by Dunknow > 2015-05-12 07:29 | Report Abuse

Good morning TCB,
Good morning tsy

happy trading ya....