"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 .
8wpwtmt8, on Instaco, at the moment it is having strong support at 0.265. This is the gap support. If this gap support is closed, further weakness could creep into this stock and you will need to monitor the next support levels at 0.255 and 0.235.
DUFU: Although its uptrend is intact, it formed a bearish harami cross today with strong resistance and support at 0.44 and 0.41 respectively. It signals a potential correction could be on the way.
------------------------------------------------------------ Posted by mimi898 > Dec 4, 2015 02:22 PM can anyone share dufu states! TQ
tsy, Dunknow, ariff, jasonor, inwest, connie, duit, westgun, AllWin, jasonor and All, Good Morning.
tsy, lots of rollercoaster rides on the Dow these days. Earlier, the Dow had a jolt from ECB's moves or more like a lack of positive moves, then boosted by the US job market before oil prices sends it tumbling again.
KLCI reacted negatively this morning but I believe as the day progresses, we may yet see a rebound in the market. World markets are quite sensitive to news these days.
Any dips in the market maybe an opportunistic time to collect trending stocks for intra day traders.
Have fun in the market and remember, the Trend is your Friend! Hope everyone has another profitable day in the market.
8wpwtmt8, Genetec has broken out on 27/11 with volume to hit a new high at 0.315. Immediate support is at 0.29. Its TPs are 0.32, 0.36, and 0.41. It may consolidate first before re-testing the 0.315 resistance.
While the entry of investors like Mr Koon YY is a strong vote of confidence in the future of the company, do note that these value investors have a longer investment time line than most traders. The full realization of the stock's value may not be immediate.
-------------------------------------------------------------- Posted by 8wpwtmt8 > Dec 7, 2015 08:55 PM
Dear ProfitMan, Mr Koon Yew Yin has bought a lot of Genetec. Based of TA, is it on a breakout to new high? If yes, what it the target price?
Good morning TCB/Dunknow/ariff7996/jasonor/westgun/inwest88 n all
Another dip of 162 points for the Dow !!
Profitman
Oh yes, there are lots of roller coaster rides, agree !! Volatility does provide traders with opportunities to buy on dips. Haha, the trend is our friend, LIKE !!
tsy, Dunknow, ariff, jasonor, inwest, connie, duit, westgun, AllWin, jasonor and All, Good Morning
Happy trading and we wish you a profitable day.
tsy, another dip triggered by low commodity prices. KLCI have started in red this morning but trending stocks could continue with its trend although any increase could be capped by the weak market sentiment unless there is a change in sentiment as the session progresses.
tsy, Dunknow, ariff, jasonor, inwest, connie, duit, westgun, AllWin, jasonor and All, Good Afternoon
...hahaha... Jasonor ... good one. Anyway Red Sena is not doing too well on debut.
tsy, I don't expect any major drop in KLCI unless there is another external shock from somewhere. It will be sideways although it is edging towards its next support at around 1645.
AllWin, Komark: Could have bottomed out at 0.465. Being in a grossly oversold position, it staged a technical rebound on 9/12. Immediate resistance is now at 0.56 with a major resistance at 0.62.
YellowBanana, Armada: Trading under the bearish harami of 27/11 that signaled a correction. It has strong support at 1.00/1.01. Resistance at 1.10. Looks bearish at the moment and it has temporarily broken down from its uptrend line but the selling momentum is not high. Could be trading sideways. Armada is affected by the oil price.
mimi898, Microlink: Technical rebounded and is now consolidating. Resistance is at 1.37 with a support level at 1.27. Will be bullish if it can successfully take out 1.46 with volume.
ariff7996, as far as I can see, there is no foreseeable event that can bring the KLCI down further next week unless the Mr Putin does something out of this world in Russia's ongoing feud with Turkey. Most of the bad news are already out in the open. A Fed rate hike is pretty much a certainty and this would have probably been factored into the Dow already which leaves little impact on KLCI. Oil price is already below 40 and we may see more downside. China is slowing down which we are already well aware. So, most of these factors have been priced into the market or are being priced into the market.
Judging from our KLCI, i would not be surprise to see a rebound next week. Probably the only factor holding back most investors is the weak overall market sentiment and the fear of an economic bust. And we can't discount some window dressing in December.
Good morning. Wah,. index almost coming to yr aforesaid support of 1645 yesterday !! Many thanks for your views on our current market. You never fail to impress me with your macro economic views and outlook. SALUTE !!!
Would appreciate it most if you could analyse and check for me on FFHB and Eita. Am holding both.
tsy, Dunknow, ariff, jasonor, inwest, connie, duit, westgun, AllWin, jasonor and All, Good Morning
Ariff, you are most welcome.
tsy, thanks for your kind words. Oil price could be in the final leg of correction. I suspect that the latest round of oil price correction currently in progress could be the final correction before it stabilizes, fluctuates and depending on the future prevailing macro climate, bounce off whatever price it has bottomed out. Just my assessment.
tsy, FFHB: Under consolidation with the emergence of a new strong support at 0.685 while its support base at 0.66 remains intact. Considering the high selling pressure on 10/12, the stock has held on well. It is a healthy consolidation as traders who bought before its QR release were selling after the "news" were out.
Immediate resistance is now at 0.745. As the results of its recent impressive QR is digested, buying interest should re-surface. It is embarking on a bullish wave. Cut loss if 0.685 is violated or set your trailing stop if you are riding on profits.
tsy, Eita: in consolidation while uptrend remains valid. Immediate support is at 1.40. It has broken out on 26/11. It could move again after T+4 and need to overcome 1.59 resistance. Stop loss if 1.40 is violated or trail stop whichever is applicable.
Good morning Profitman, Our index break support level 1645 and djia hit badly on Friday. What will be the next CI support ? Do you see this will trigger more stocks sell down ahead of fed rate hike or you think market has factored in ?
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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 .