Posted by SPRING > 2014-05-18 22:17 | Report Abuse

Congratulation to Matrix for the setting up of TCB which would provide a platform for all forumers to share their TA analysis.

Posted by ProfitMan > 2014-05-18 22:20 | Report Abuse

lfctrade - Sinotop:

Sideways narrow range bound trading between resistance 0.09 and support 0.055. Support base formed at 0.055. Major resistance = 0.11/0.115. Trading range likely to continue unless a significant catalyst arises to propel it higher.

Posted by ProfitMan > 2014-05-18 22:28 | Report Abuse

Linabee - L&G:

Matrix did the following analysis on 15/5-

Stage 2 of the cycle and very bullish. After hitting a high of $0.545 it is under consolidation at the moment (That is why it is stagnant).It may have found the new bottom at $0.465, a break above $0.525 will take it to its strong resistance at $0.545. If break will get to its next target of $0.575 and into uncharted territory. Any further weakness should find support at $0.485/$0.465. Exit if $0.425 is violated. nicholasnwh90 (14/04)

After the reading,
L&G did hit my target of $0.575 on 17/04 and into uncharted territory. Today it sets a new high of $0.61 and moving towards its next target of at $0.625 and $0.655. Any weakness should find immediate support at $0.575 (Resistance turns support). MinMin (24/04)

15th May
As mentioned earlier, stage 2 of the cycle and very bullish, as suggested it did moved to my target of $0.625 on 28/04 but formed an Evening Star the same day which imply consolidation and it did. It consolidated and may have found a new bottom at $0.54 on 05/05. It is rebounding from this new low and testing its immediate resistance at $0.585. A break above $0.585 will take it to next resistance at $0.60 and the previous high of $0.625 and beyond.Immediate support adjusts to $0.55/$0.54, for short term traders please Exit if $0.54 is violated with volume.

17/5 - consolidated and still testing resistance at 0.585.

Posted by jennylee1382 > 2014-05-18 22:31 | Report Abuse

congrats matrixcool n gang on TCB..wish all huat2 always...

Posted by choolooi > 2014-05-18 22:32 | Report Abuse

Matrix, I visited your old stock trading thread this evening.
So much info is stored there....like how you set your stop loss / trailing stop.
Must you delete it or can u just leave it dormant ?

Are you going to stop posting your trading stocks and weekly summary after May ..?aren't you migrating your format to TCB? Where we can still follow your stock picks and their accompanying TA explanation.

I do agree with Novice 8 and tccher that you pls continue your nightly posting in TCB

Posted by Linabee > 2014-05-18 22:41 | Report Abuse

Profitman and matrix, thanks!

Posted by etal > 2014-05-19 00:04 | Report Abuse

Congrats, Matrix & Gang on launching of TCB. Hope all huat together through TCB!

Posted by itchyitchy > 2014-05-19 02:03 | Report Abuse

check in check in ..... :P

Posted by rainy99 > 2014-05-19 07:05 | Report Abuse

Good job matrixcool, keep it on

Posted by zu1967 > 2014-05-19 07:09 | Report Abuse

Very good forum.

Posted by wokan > 2014-05-19 09:44 | Report Abuse

TCB is launched..Great!

Posted by kennylpw > 2014-05-19 10:23 | Report Abuse

thanks Matrix & Gang

Posted by lfctrade > 2014-05-19 10:24 | Report Abuse

Dear TCB/Profitman, Thank you for Sinotop..

Need advice on Encorp Wa

Posted by pathew > 2014-05-19 10:29 | Report Abuse

so TCB is Matrix la?

Posted by Sp BoiBoi > 2014-05-19 10:39 | Report Abuse

Dear TCB ,
instead of TA , anyone can teach about FA ?? just wish to know more and learn more . beginner here. THANKS

Posted by Dale27 > 2014-05-19 10:52 | Report Abuse

Dear TCB, can you help me look at Telekom? Thanks.

Posted by matrixcool > 2014-05-19 11:10 | Report Abuse

19/05/2014

Every week TCB will pick a few stocks we may like to trade short term and put in *Stock In Focus*, please do not take this as a buy signal as our TA reading for those stocks are for sharing purpose only.
STOCK IN FOCUS ( Short Term Trade)

1)ABRIC—It breakout from $0.335 with a breakaway gap (signified a major new trend) last Friday from its Rectangle Trading carry an estimated Target of $0.385/$0.40 & beyond. The breakout also took out the “Dark Cloud” formed on 11/06/2013 which has been shadowing the upward movement of Abric. We believe Abric has good potential to scale higher after the breakout. Any consolidation due to its overbought position offer the opportunity to buy for future play. Immediate support adjusts to gap support of $0.34/$0.335. Stop Loss if $0.33 is violated.

Our Stock In Focus hit our target of $0.385/$0.40..

lfctrade --SF cover Encorp Wa will study the chart for you later.

pathew--TCB belong to all of us..I proposed it and many joined in the we have about 7 founders on this thread..

Dale27 --will look at TM for you..

Happy Trading..

Posted by cherry tomato > 2014-05-19 11:45 | Report Abuse

Thanks Matrixcool and member launch this TCB.
Appreciate it.

Posted by trader96 > 2014-05-19 11:52 | Report Abuse

mat-Great to have this thread,Wishing this new thread huat~huat~huat!

Posted by matrixcool > 2014-05-19 11:56 | Report Abuse

Thanks everyone for the good wishes for TCB..

Dale27

TM—Very Bullish after breaking out from $5.95 on the weekly chart which carry an estimated target of $6.75/$6.80 in mid term. Stage 2 of the cycle and very bullish on the daily chart, breakout from the Ascending Triangle at $6.20 on 15/05 and it is heading toward the target I mentioned. Any weakness should find immediate support at $6.35 and strong support at $6.20.(Resistance turns Support). You are on a winner and would advise to set a Trailing Stop to protect your profits.

Happy Trading..

Posted by lausp10 > 2014-05-19 12:19 | Report Abuse

Dear TCB

Congrats on your new forum. Just found this thread. Missed ABRIC ! Spot on...great job..definitely checkout ur stock in focus closely from now.

Posted by tccher > 2014-05-19 12:45 | Report Abuse

Matrixcool , very good job done on the ABRIC , not doubt I missed this, but believe will be more to come in future . Thank you very much to you and all your gangs . have a nice day .

Posted by ulutrader > 2014-05-19 12:47 | Report Abuse

Matrix & friends, I've been MIA for sometime...sort of busy but find time to say "CONGRATS" to you & friends for setting up TCB which is intended to be educational as well as to equip the newbies with trading skills...Just great!!! Wish you all HUAT ARRRRRRRRRR

Posted by SgMas > 2014-05-19 12:50 | Report Abuse

dear tcb,

congrat on launching this ta thread.

kindly help to read mkland chart.....tq

Posted by ProfitMan > 2014-05-19 13:13 | Report Abuse

lfctrade - Encorp-WA:

Consolidating after it hit a previous high of 0.87 on 12/5. Immediate support is at 0.68 and immediate resistance at 0.87. A look at its mother share reveals that it is trading in a flag formation, a bullish continuation pattern on the bullish wave 3. Once it breaks out of the flag's resistance line, it is expected to continue its uptrend in which case, Encorp WA will follow suit.

Posted by cherry tomato > 2014-05-19 13:35 | Report Abuse

Dear TCB, please help on TH Plantation.
Me last week monitor this counter, doubt the entry price.
Today price slitly up, wonder it is the time to bot.

Posted by ProfitMan > 2014-05-19 13:36 | Report Abuse

SgMas - MKLand:

Currently under correction since hitting 3 yr high of 0.56. Have retraced about 61% from commencement of current uptrend started 15/4. Now trading in a rectangle from 5/5, with the resistance line at 0.505 and the support line at 0.48. Support of 0.48 seems to be holding well temporarily. A break above 0.505 with volume will see it re-test the high of 0.56 whereas a break below the support line will see it trend towards 0.45.

Immediate support is at 0.475 and 0.45 respectively. Resistance = 0.56.

Posted by ProfitMan > 2014-05-19 14:26 | Report Abuse

Sp BoiBoi - FA is a very wide field. I am not sure which part of FA you are interested to know more. I am not qualified to teach you but I can share what I do know. If you want to trade strictly FA, do check out this blogger on I3 by the name of kcchongnz. He is very good in FA especially on share valuations but you do need some basic finance knowledge which I assume you have due to your keen interest in FA, to really understand his writings. He responds to all questions.

But I would strongly recommend that you get some books on financial ratios and on trading FA books if you do not already have some.

Posted by Dale27 > 2014-05-19 14:41 | Report Abuse

Matrixcool, thanks for your analysis on TM. Appreciate it!

Posted by ProfitMan > 2014-05-19 15:49 | Report Abuse

cherry tomato - TH Plantation

Bullish. Has cleared the dark cloud on 25/4. Need to overcome the major resistance of 2.14 which it is currently doing. Support levels are at 2.10 and 2.00. TP 1 = 2.16 ; TP2 = 2.21 & TP 3 = 2.37.

Posted by rikki > 2014-05-19 15:55 | Report Abuse

Have been following this new TA thread & very good the reply from TCB esp profitman & matrixcool :)

Posted by Carlsraj55 > 2014-05-19 15:56 | Report Abuse

What is your opinion on MQTECH ? I have been holding this stocks for some time and my current average price is 0.118. Is it wise to clear it at current price of 0.120 which will be a loss after deducting the brokerage cost ?

Posted by sephiroth > 2014-05-19 15:57 | Report Abuse

congrats matrix on yr new thread

SgMas- substantial shareholder cum director Kasi, keeping disposing shares in mkland, he still have 215m shares to dispose

http://klse.i3investor.com/servlets/stk/annchsh/8893.jsp

Posted by Bravo > 2014-05-19 16:00 | Report Abuse

Seph, Mkland drop till no eyes see.

Posted by SgMas > 2014-05-19 16:01 | Report Abuse

Thank you Profitman & sephiroth on MKLand....this counter a lot of selling.

Posted by sephiroth > 2014-05-19 16:04 | Report Abuse

bravo, kasi will take more than 2 yrs to dispose his 215m shares (1 yr dispose around 100m shares)

Posted by matrixcool > 2014-05-19 16:07 | Report Abuse

sephiroth, nice of you to drop by. The TCB is not my thread, but a group of us that want to share TA together.

I think you know I am not an FA man, but respect those with good FA knowledges like you.

Do share with us any good FA counters as some of the forum investors are interested in FA too..

Happy Trading..

Posted by sephiroth > 2014-05-19 16:10 | Report Abuse

no prob matrix, dear TCB, just to note amprop will explode soon due to profit of 149m from the sale of kesas, there's a slight chance of special dividend

Posted by Bravo > 2014-05-19 16:12 | Report Abuse

seph, L&G-LA u still holding? volumn getting weaker.

Posted by ProfitMan > 2014-05-19 16:16 | Report Abuse

Thanks sephi for the fantastic input.

I think some of the newbies will probably know that sephi is a very good FA guy who has a knack for buying into counters very early at a low price.

Posted by sephiroth > 2014-05-19 16:18 | Report Abuse

profitman, i buy early and sometimes also let go early like mkland bought 0.29/0.30 sold 0.41/0.43, fitters bought 0.58 sold 0.80, always miss the boat

Posted by sephiroth > 2014-05-19 16:19 | Report Abuse

bravo, yup still holding, no worries la l&g still have 60m unbilles sales that provide consistent sustainable strong profit for at least 4 quarters, will explode when quarterly report out next week

Posted by matrix6050 > 2014-05-19 16:20 | Report Abuse

thanks TCB members for setting this up.

Posted by Bravo > 2014-05-19 16:21 | Report Abuse

okays, seph. just cut loss on Mkland. :( should have done it earlier on.

Posted by nana88 > 2014-05-19 16:32 | Report Abuse

Dear TCB/Sephiroth,
At what price is good to enter amprop? Thanks.

Posted by sephiroth > 2014-05-19 16:36 | Report Abuse

nana, amprop not for trading,i think ta not good, fa quite ok, undervalue, have to hold for months, i hold at 0.79/0.83 for 4 months already

Posted by nana88 > 2014-05-19 16:51 | Report Abuse

Noted, thanks Sephiroth.

Posted by ProfitMan > 2014-05-19 17:32 | Report Abuse

Carlsraj55 - MQTech:

Narrow range bound trading with support base at 0.11 and resistance at 0.125. Seems to have bottomed out at 0.11. Major resistance rest at 0.15 if it does break 0.125.

You will have to decide what your next course of action is. I would say that currently this is a non trending stock. Also, you may probably know that the company has weak FA with losses incurred in 2013 and a negative EPS. Hope this helps.

Posted by ProfitMan > 2014-05-19 17:34 | Report Abuse

rikki - thanks for your kind comments. Do share your thoughts with us.

Posted by rikki > 2014-05-19 17:45 | Report Abuse

sephiroth....v good inputs.

profitman....I observed that TCB has allocated replies based on alphabetical order to specific tcb members . Some of the members are using new nicks. Can you introduced all your members so that we can also acknowledge them?