"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 .
Inwest88 - Normally during trading hours, I wont visit TCB thread. Only during lunch break and after market. Will not be stationed at my home tomorrow. Am going to broking firm. So will only check Tcb thread early morning before I leave my house and after market close.
Profitman - Thanks for your congratulatory message. Managed to recover my Pelikan loss. Regretted not cutting loss earlier after it broke support of 1.53 and even 1.46 as you had pointed out to me. This is really a lesson indeed, my reluctance to cut loss. Have to be very DISCIPLINED. Will treat this as a learning curve and tryvto avoid huge lossess in future transactions. Once again, would like to convey heartfelt thanks to you and your teammates for rendering your services and helping out in your TA analysis and most valued advice. Luckily, I came across this thread!
Inwest, congrats on your winners. Jaks is doing nicely. I am curious as regards the blue flags in ur posts. U have it there as an alert for your friends ?.
tsy88 - sorry, just came back from drinks. No thanks required. It is my fervent hope to see you, or for that matter everyone else be able to make money from the market and surely not at the expense of others. I am still holding on to some Ijacobs and also entered EG at 80 sen in the late afternoon. Just check the thread before you leave. Sometimes I post quite early in the morning if I do spot any picks when I run through at night.
choolooi - thanks. Being flagged is a non-issue as my conscience is clear. If you can see my comments, they are not offensive and hurtful to anyone. I am always mindful of the language and words used. The only reason I can think of is that the flagging is being done by those whom I indirectly told them off not to post crude and indecent comments and not to over-brag their winnings in my previous 932kaki thread. Probably they are still harboring a grudge towards me.
Q: Can it hit its all time high of 5.98 and exceed 6.00 pyhsological barrier?
A: Hahahaha. I am not sure whether it can hit its all time high. But the volume is healthy with there is no divergence. so most likely yes ?
SAB
Stage 2- Very bullish. Formed 3 White Soldier in last 3 trading day which indicate very bullish as well. It is forming a possible rounding bottom pattern if a break above $5.98 with volume signal breakout and into uncharted territory with an estimated target of $ 6.8 (not sure whether is correct, correct me if am wrong. Any weakness should find immediate support at $5.3, strong support at 5.05. Rmb to set your trailing stop loss to protect your profits just in case there is a big pullback.
tsy88 - you are right, it is really not easy to have the discipline to cut loss. I am sometimes guilty of it too but I suppose we are only human. We are glad we are able to contribute in a small way. Hope you have another profitable tomorrow too. Inwest88 stock picks are really something. I have always been impressed by his picks and to top it off, he unselfishly shares it out. Truly admirable.
Inwest, Yes I do agree with Profitman that it is very generous and kind of you to post ur picks in this thread for all visitors to see. So far I have not entered into any of those picks . I wanted to buy Jaks but funds are all used up at the moment.
profitman - thanks for the kind words. If you were to ask me, my effort is nothing as compared to what you, matrix etc are doing for the others, responding to each and every request. Keep up the good work !
choolooi - as I mentioned, my picks are solely based on observation (though indirectly it involves a bit of TA and FA). Just do your own assessment and evaluation before you take up a position.
Good night all - have to catch the matches tonight.
Have a support level of 0.635 and 0.625, resistance level of 0.66 and 0.675. Today's breakout from the resistance doesn't seems to be convincing, as accompanied by lower volume. Price/RSI on daily chart from 10/06 to 24/06 it shows bearish divergence. It must stay above 0.66 to become an uptrend. Stop-loss at 0.58
to all sifu here.. thanks a lot for helping people s pecially newby like me.. just wanna ask about seacera.. is it ok to invest in 3 to 6 months good fundamental or not?
Dear TCB: Much appreciate if you and your team may give TA analysis on Seal incorporated where the share currently is undergoing some retracemment after hitting high at 1.18 ? Your earlier response is greatly appreciated. Thanks.
SEACERA—It moves to a high of $0.965( just short of my immediate target of $0.98) then profit taking activity kicked in to bring it down and closed at a low of $0.915. Any further weakness will find support at $0.90 and strong support at $0.88(Resistance turns support). I have raised my Stop Loss if $0.875 is violated with volume to protect my capital.Note: I have sold 40% of the stock today at $0.95 to lock in part of my profits,and will keep locking in if it can"t break above $0.965 soon.
Stage 1 cycle- Accumulation. Rectangle trading with upper line as resistance at $0.1 & lower line as support at $0.08. Selling pressure is high this few days and may test further support at $0.075/$0.07.
For stage 1 cycle we short term traders normally would not participate but some may want to bottom fish at this level if they have the holding power to wait through the consolidation. If you are bottom fish remember to set the Stop Loss at $0.07
Today's breakout volume was low..might go back on trading in between 1.13 and 1.05. support level are 1.05 and 1.00 resistance level are 1.14 and 1.28 If it stayed above 1.14, it will going to retest the resistance level. If it breaks 1.28 it will go to an uncharted region. TP is 1.41 and 1.50. Stop-loss at 0.935.
Tan Siew Ting-SEAL SEAL is strong with strong earnings contribution from property segment seen in 3Q14 results. Its share price rose to its all time high level of 1.18 this morning before profit taking and closing at 1.13 level.From a technical perspective, SEAL has broken out from its ‘Fibonacci’ resistance level with high trading volume. The RSI indicator is still hooking upwards albeit being in a slight overbought territory.Need to watch out for tmr's buying interest and if continued it could rally the share price towards RM1.21 and 1.25 level.However seal could trade side ways if it don't hold 1.13 level.Key supports are at 1.02 and 0.97 level.Stop Loss if 0.97 is violated.
Inwest88 - Re Eg, I like this stock very much though did not do any transactions on it so far. Most probably will follow you and buy tomorrow. Yes, as Profitman puts it, most admirable of you and selfless indeed to post your stocks in consideration here. Really remarkable.
Posted by Lz Lee Weiping > Jun 24, 2014 11:57 PM | Report Abuse
amunia - MINHO
Today's breakout volume was low..might go back on trading in between 1.13 and 1.05. support level are 1.05 and 1.00 resistance level are 1.14 and 1.28 If it stayed above 1.14, it will going to retest the resistance level. If it breaks 1.28 it will go to an uncharted region. TP is 1.41 and 1.50. Stop-loss at 0.935.
Good morning. Another ex-champion (Italy) has been eliminated from the World Cup. Some interesting points to note (1) of the 8 teams that qualified for the 2nd stage, 4 are from South, America, 2 from Central America and only two from Europe. Perhaos the time zone is a factor. (2) most of the teams who dominated possession ended up losers.
Nothing stands out in my radar for today's trading. Sunzen may be considered for a quick trade. Need to be cautious as the Dow dropped more than 100 points and may affect market sentiment (one of the criteria in determining my picks).
Inwest88 - Noted. Of late, our market is quite resilient. When Dow is down a lot,our market still holds and especially so of trending stocks. They will buck the bearish sentiment and stands out thus these are definitely the counters to go in.
Lz Lee Weiping, Million thanks for the input on IRIS
winwinborn - IRIS
Still trading inside rectangle with support level at 0.41/0.40, resistance level at 0.445. have to break 0.47 for further uptrend. Stop-loss if 0.40 is broken.
Posted by profitman > Jun 8, 2014 09:32 PM Iris: Update analysis: Broke out of its rectangle pattern on 28/5 with volume but the breakout was unsustainable. It has now slipped back into the pattern under selling pressures. Immediate support remains at 0.40. Still need to clear 0.435 consistently and the important resistance to overcome now is 0.46 before it can trend higher. Currently trading under the corrective wave 2. A sustainable bullish breakout with volume from this phase will launch it into the bullish wave 3.
Earlier analysis on May 23, 2014 for ck:- Immediate Support: 0.40 Immediate resistance = 0.435 Consolidating in a rectangle. If break 0.435, will test its next resistance at 0.51 while a break below 0.40 will see it trend lower towards 0.325. It is in the correction phase.
profitman - at times when the market looks uncertain and neither here nor there, just do a quick trade (for the fun of it) and hopefully can get some small money. These types of counter are usually very quiet (and couple with poor FA), it's definitely not wise even for the normal 3-4 day contra trading.
shjane - please give us some time to revert to you on asiapac.
Salcon:
Broke on 4/6 with volume and is bullish. However, based on the candle formation of 23 & 24/6, the bears stopped the bulls in its track when it opened at the previous day's close of 1.00 and drove price down to close at 0.975, the opening of the previous day. So, you can expect some consolidations to take place. Support (S)1 = 0.96 ; S2 = 0.91 ; S3 = 0.875. Immediate resistance = 0.99. If you are trading this counter, depending on your risk profile, you may want to set a stop loss at 0.875.
Inwest88 - Just came back and your trade on Pineapple. Congrats! Yeah. That was real quick. That's why everyone says you are so quick. Hats off to you. With your profit, can buy lots of pineapple as you traded on Pineapple, hee2. (JOKING ONLY).
This morning I bought Eg at 81.5, at its highest. Gapped this morning and thought ii's gonna fly sky high but pulled back.
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"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 .