Posted by tsy88 > 2014-06-25 13:10 | Report Abuse

Meant you are so good

Posted by yoda88 > 2014-06-25 14:06 | Report Abuse

shjane-Asiapac
Weekly and hourly chart shows that its trading inside triangle.Despite the current Iraq crisis, its holding well at the 20MA strong support.Bollinger band is at squeezing stage and once price and volume bulids up its likely to break the bollinger band of 0.285 and scale towards resistance of 0.31 and 0.315.A volume divergence is seen nand accumualtion notice. It might retest its high of 0.32.However failure to break 0.285 with volume it will be trading sideways.

Key supports are at 0.265 and 0.255.
A stop loss at 0.245 once that level is violated.
Happy trading.

Posted by profitman > 2014-06-25 14:57 | Report Abuse

Imwest88/tsy88 - I just thought I do a TA on EG since both of you are trading it and have so generously shared your stock pick.

EG:

Bullish. The current leg of the price run up started on 28/5. It consolidated in a pennant and broke out from the resistance of 0.79 on 24/6 on high volume, 2.8 times the 30 MA volume. It carries an immediate target of 0.93 if the immediate resistance of 0.835 is taken out with volume.

Immediate support = 0.79 ; S2 = 0.755
Immeditate resistance = 0.835

Posted by inwest88 > 2014-06-25 15:53 | Report Abuse

stay_foolish / choolooi / tsy88 - thanks. Like what I responded to profitman about having quick and fun trades once in a while when opportunity arises.

" 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"

Posted by inwest88 > 2014-06-25 15:56 | Report Abuse

profitman - thanks for the reading on EG which is of great help / reference even though I so not set target prices to take profits or cut loss. I would observe the price movement / momentum of the stock to make the decision to clear and at times I take profit too early.

Posted by inwest88 > 2014-06-25 16:00 | Report Abuse

tsy88 - Fiamma is a typical case. Luckily you took profit. As I say sometimes you just cannot stick to your target price (which you initially decided to offload at 2.17) and I did mentioned that it doesn't matter to sell slightly lower. Of course I may be talking after the fact but then nobody knows what is going to happen next. The only sure thing is that when you sell you are realizing your profits - the money is in your pockets.

Posted by yoda88 > 2014-06-25 17:07 | Report Abuse

thanks inwest88 for sharing your thoughts and experiences.

Posted by tsy88 > 2014-06-25 17:35 | Report Abuse

Inwest88 - Yeah. I consider myself damn lucky to have disposed of Fiamma. If not. all the gain I made would have been eroded. I have deleted it from my watchlist and dont look at it any more for the time being. Just a day makes such a world of difference. Feel like want to "belanja" you all.

Hope we both 'huat arr' on Eg. And you know something. Wanted to buy 4k only but due to my fumbling on internet by pressing over and over, I got double instead, means purchased 8k. Only realised later. Am a small time trader only. But the remainder was done at 82.5. Indeed a blessing in disguise.

Posted by tsy88 > 2014-06-25 17:47 | Report Abuse

Profitman - So nice and considerate of you to analyse on Eg for us. Really appreciate. Had wanted to request from Tcb on this stock this evening. Save me typing and I also have tendency to make spelling errors. Thank you so much.

Posted by inwest88 > 2014-06-25 17:48 | Report Abuse

yoda88 - my pleasure. Hopefully be able to assist others.

Posted by inwest88 > 2014-06-25 18:11 | Report Abuse

tsy88 - like I mentioned the overall market sentiment is very crucial element for trading play. I see that today it is not conducive and thus only went for a quick trade on Pinepac (luckily had some gains). Though Sunzen is in my radar I did not go in. Have to watch its movement gain tomorrow.

Posted by inwest88 > 2014-06-25 18:12 | Report Abuse

tsy88 - Now going for drinks with my Pinepac gains - hehe !

Posted by ProfitMan > 2014-06-25 18:21 | Report Abuse

tsy88 - no problem. Hope you make tons of money from Eg.

inwest88 - agree with you totally. Market sentiment is rather weak today with overhanging external issues. Well, at least you've got bursa buying you your single malt whisky ....hahaha..... Cheers!

Posted by lynneettte > 2014-06-25 20:38 | Report Abuse

Dear TCB, appreciate your help to check on Eden when you have time. Thanks a lot~

Posted by jass > 2014-06-25 20:53 | Report Abuse

Dear TCB
Can u explain "if break with volume", mean normally is how much volume? tq

Posted by stay_foolish > 2014-06-25 21:40 | Report Abuse

sunshine96

Johan

Stage 1 cycle- Accumulation. Rectangle trading with upper line as resistance at $0.185 & lower line as support at $0.145. The break away gap today may indicate the price reversal but still in stage 1. May find a new support at 0.17 and strong support at 0.145. Need to break through 0.185 in order to test 0.205/0.21

FYI sunshine, I notice that last time you did mention about Pasukgb as well. Are you in these two counters ? They are both penny stocks and in stage 1 stocks

Posted by inwest88 > 2014-06-25 21:43 | Report Abuse

tsy88 - hopefully we can make some money from EG. Despite the lackluster conditions today, EG is up whilst Sunzen is still holding on well. Just to let you know that although I have a portfolio of blue chips / good FA stocks I still allocate an amount for trading which I enter and exit within a few minutes to a few days. And since I am out a few hours a day sometimes I cannot post comments in i3 when I sell my trading stocks. Hope you understand. By the way, before I forget, I cleared my Jaks today with loss on commission.

Posted by stay_foolish > 2014-06-25 22:13 | Report Abuse

lynneettte

Eden

Stage 1 cycle- Accumulation. Rectangle trading with upper line as resistance at $ 0.355 & lower line as support at $ 0.315. The price show very bearish and further testing support 1 at $ 0.315 and strong support 2 at $ 0.305.

FYI, I would like to add in the note that Matrix posted to sunshine

"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"

Posted by lottolearn > 2014-06-25 22:27 | Report Abuse

Dear Matrixcool--I sold my Seacera today and make some money, very happy ! Too bad i was busy yesterday if not i can sell higher.
After all my losses i started to make some money and thank to you !!
I have a look at Sona and it broke below $0.50..thanks TCB i am out of it and were told to buy more at $0.50 to $0.52..
I still did not sell my Melati and Dbad..I still have a few counters i am stucked for months maybe will clear them soon.
Thanks TCB for helping me especially Matrixcool and Profitman ...
Do let me know if you think any counter i should buy..

Thanks again..

Posted by tsy88 > 2014-06-25 22:32 | Report Abuse

Inwest88 - hope you enjoyed your drinks ftom Pinepac. Sorry, thought it was Pineapple! Dow up now. Hope can sustain its gain.

Posted by tsy88 > 2014-06-25 22:38 | Report Abuse

Inwest88 - you need not have to state everything pertaining to your buy/sell trades. It is so nice of you to let us know.

Posted by siena > 2014-06-25 22:42 | Report Abuse

Hi TCB...can help to analyse ghl? Much thanks!

Posted by farue > 2014-06-25 22:44 | Report Abuse

Dear TCB,

Kindly assist on KTB. Based on previous postings, resistance at 0.30 had been broken to reach new high and now since the price consolidating towards 0.30, can it be regarded as a new support level (resistance turn support)?

Tq to sunlight on MK Land.

Posted by yoda88 > 2014-06-25 23:27 | Report Abuse

farue-KTB
KTB is currently range trading after surging to a high of 0.355 and today it turn bearish on a T4 and due to poor mrkt sentiment caused a significant drop in prices across broad mrkt.Dropping 7.35% it cross below 10SMA line.However it is still trading above 20MA line.If mrkt sentiment recovers and accompany with volume the next resistance would be 0.335,0.35 and 0.36.You could say resistance turns support based on ealier price.
Key supports 0.30 and 0.28.
A stop loss if 0.26 is violated.
Happy Trading.

Posted by stay_foolish > 2014-06-26 00:14 | Report Abuse

Jass

We always use volume to confirm the breakout. Breakout with high volume indicates a healthy breakout. High volume for breakout must be at least twice to 3 time of 30 days average volume.Breakout with low volume indicates weakness.

Profiman/Matrix, pls add in more input :)

Posted by tsy88 > 2014-06-26 01:09 | Report Abuse

Inwest88 - Almost forgot. I key in to sell Eg at 0.90.

Woo. Fantastic match we are seeing now. 2 goals by Messi. 5 goals now.

Posted by sunshine96 > 2014-06-26 06:49 | Report Abuse

Good Morning Stay_foolish,

Thank You very much for the analysis on Johan. I had Pasukgb
and since it came to my entry price I let go loss on brokerage
fees. As for Johan I haven't taken any position yet.

Posted by matrixcool > 2014-06-26 07:34 | Report Abuse

stay_foolish ,

You are right about Breakout with increased volume of at least 2-3 times or more, we just need to be careful when the volumes is so large that it becomes a "Buying Frenzy",when the greed come in and everyone is scare to miss the opportunity to be rich.The stock will decline if it is a Buying Frenzy as no one else left to buy the stock after that.

lottolearn--Happy to hear you make some money in Seacera. Once again we like to remind you that TCB does not recommend any stock in this thread. Our min aim is to help traders with TA analysis. Even our Stock Focus is more to share our TA reading of certain stock.

I do share my stock trading (Not penny stocks)with some traders that had followed my old thread for year. I share my Trading Stock with them on email.
If you are interested you can contact me through email at:
matrixcool02@gmail.com

Happy Trading..

Posted by inwest88 > 2014-06-26 07:52 | Report Abuse

tsy88 - perhaps you are right in saying that I need not have to mention my buy/ sell trade and prices as it may lead to unpleasant incidents. Anyway I am just being transparent - see how it goes.

Can take a look at Siggas !

Posted by tsy88 > 2014-06-26 08:12 | Report Abuse

Inwest88 - Noted. Am leaving my house now. Supposed to be yesterday.

Posted by farue > 2014-06-26 09:02 | Report Abuse

Tq yoda88 for your input.

Posted by inwest88 > 2014-06-26 09:08 | Report Abuse

Got some siggas at 65.5 (pre keyed-in)

Posted by inwest88 > 2014-06-26 09:29 | Report Abuse

Cleared Siggas at 67.5 sen for beer money.

Posted by trustme932 > 2014-06-26 09:30 | Report Abuse

Invest88...glad to c u here...no wonder I cudnt find u at itchy2..thought u sleep only in the day time nowadays till the world cup is over.

Posted by inwest88 > 2014-06-26 09:31 | Report Abuse

Overall market sentiment is still lacking in energy. Have to be very selective if one opts to go for intra-day trading.

Posted by profitman > 2014-06-26 09:38 | Report Abuse

inwest88 - tsy88 is right. I believe that whether to share your trading details or not is your prerogative. You should not be accountable for anything because in this thread we do not recommend stocks to buy and visitors who choose to follow your stock picks will do so at their own risk. Just thought I clarify that.

This is a place to share trading ideas and TA and FA and thankfully, so far, all visitors have been very mature and understanding on this matter. Thanks to everyone.

By the way, Inwest, nice one on siggas. More whisky on the way ....hahaha...

Posted by Dlyc > 2014-06-26 09:40 | Report Abuse

inwest88 particular interest in siggas. Any advice? Bought some many years ago avg 1.078. :(

p/s: newbie here...so hi to everyone.

Posted by profitman > 2014-06-26 09:41 | Report Abuse

trustme932 - nice to see you here. Thanks for dropping by.

Posted by trustme932 > 2014-06-26 09:42 | Report Abuse

Invest88...hopefully eg will break n close abv 0.85...tp can be 1.00...huat loh fai chye loh.

Posted by trustme932 > 2014-06-26 09:45 | Report Abuse

Profitman...good morning,nice to talk to u here too..make more money!

Posted by inwest88 > 2014-06-26 09:45 | Report Abuse

trustme932 - haha, I just greeted you at Amprop thread and you are here. What a coincidence. Now appearing less in itchy kaki as I do not understand Hokien, thus a bit of communication problem.

Posted by inwest88 > 2014-06-26 09:49 | Report Abuse

profitman - good morning. Thanks for the clarification made. Yes, all the people here are very polite and understanding. Glad to be part of the group. As you know I like to do quick and fun trades and the current market conditions is lacking interest. Thus have to be cautious.

Posted by trustme932 > 2014-06-26 09:50 | Report Abuse

Invest88...siggas..intra day support 0.67 shud hold..based on my chart analysis(long term chart),0.75 res. cud be a hardnut to crack over the short term.good luck.

Posted by inwest88 > 2014-06-26 09:51 | Report Abuse

Dlyc - sorry to hear that you are holding Siggas at a high price. No particular interest or news. I trade based on observation of price/volume movement and trends and overall market sentiment (you may refer to my previous postings).

Posted by inwest88 > 2014-06-26 09:52 | Report Abuse

tm932 - thaks for Siggas. In and out already (65.5 / 67.5) for beer money.

Posted by inwest88 > 2014-06-26 09:54 | Report Abuse

Oh Gosh - now it's 70/70.5 sen already. Sold too early as usual. Anyway contented with small gains.

Posted by pathew > 2014-06-26 09:57 | Report Abuse

guys, just need some confirmation on MRCB
immediate support at 170, immediate resistance 173 and year high resistance 182?

How do we know what cycle is it in? ie: Cycle 1,2 ,3 or 4?

Posted by matrixcool > 2014-06-26 09:58 | Report Abuse

siena >

#Hi TCB...can help to analyse ghl? Much thanks! #
We did GHLSys before:

#GHLSYS--Stage 4 of the cycle may be ended on 06/05 at a low $0.755, normally stage 1 of the cycle should begin after that and normally trade inside a Rectangle Trading. (Say from $0.815 to $0.895).But the latest development of GHLSys looks like developing into Uptrend Channel with higher high and higher low. Normally this is very bullish but after such a big Pull Back we may need to be careful it is not developing into a Rising Wedge which has bearish implication. Do monitor the volume if it keeps setting new high with reduced volume you may want to observe the Uptrend Line well and clear if this line is violated with volume.#06/06
#GHLSys: I think you meant it has broken the resistance of 0.895. It hasn't really broken it but it did tested it to close 0.895 yesterday. Some traders look to the next 2-3 candles to confirm the resistance has indeed been broken. It is testing this resistance again today. The next resistance level we will be looking at will be at 0.93.
I think the buying interest has increased. It traded above 30 MA volume yesterday and it is likely that today's volume will also be above MA vol. The share's momentum too has increased somewhat over the past 2-3 days.
However, do keep at back of your head, the rising wedge that Matrix is cautioning by monitoring the price and volume movement closely. Technically, it is on an uptrend at the moment but if it develops into a rising wedge then it can turn bearish. ProfitMan > Jun 11 #

GHLSys—As mentioned by me on 06/06 and profitMan on 11/Jun , it is still trading inside that uptrend channel. The latest value for this channel is $0.90 to $1.02. (Now trading near the Support of the Uptrend Line)During recent rally to $0.995 the volume has reduced forming Price/Vol Bearish Divergence. Same scenario it is forming what look like a Rising Wedge and be cautious if trade this counter, do monitor the tptrend support line closely and if $0.89 is violated with volume you might want to exit.

Happy Trading..

Posted by siena > 2014-06-26 10:14 | Report Abuse

Good Day Matrixcool, thank you very much and will monitor closely!

Posted by spec9888 > 2014-06-26 10:44 | Report Abuse

Hello TCB, can help to do TA for Mahsing? Thanks...