"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 .
Nana88 - not really. Was keeping track of this counter for some time together with JHM. At that time I went in JHM but sold later with a 0.5 sen loss. Was tracking the whole morning and went in after lunch when I saw it about to move. Fun trade for beer money only.
After a long consolidation it breaks out frm the bollinger band on a positive note. Asiapac may rise after the latest white candle.All indicators are in the positive region.If 0.29 resistance is broken the next level will be 0.315 and 0.335. Note that the stock could trend sideways if it fails to stay above 0.27 level. Supports can be found at 0.26 and 0.25 while downside risk will increase if the stop-loss of 0.25 is triggered. Happy trading.
skyland-AYS AYS looks bearish technically, testing 50MA @ 0.32 level and if broken the next support will be below 100MA @ 0.31 level.If you intend to go bottom fishing on AYS watch for volume and momentum. Currently the volume is getting weaker.
Resistance - 0.34;0.36. Immediate supports - 0.32;0.305. Stop loss if 0.30 is violated. Happy trading.
It has been trading sideways in a rectangle between the support line at 1.59 and the resistance line at 1.69. The gap resistance of 1.65/1.67 has been filled on 28/6 with volume. At the moment, it looked bullish supported with good volume however the bullish hanging man candle on 30/6 could signaled a potential price reversal but subject to confirmation of subsequent candle formations. Should its bullish momentum be sustained, we can expect it to test its resistance levels at 1.72, 1.74 and 1.82. Immediate support is at 1.67 and any weakness in its price should find strong support at 1.61.
skyland - EFFICEN: Have a resistance level of 0.225/0.230 and 0.205, support level of 0.185 and 0.175. If it couldn't break the resistance 0.205 it might consolidate and it must stay above 0.185 to be an uptrend. If it breaks the resistance level of 0.225/0.230 it will try to reach the TP 0.245 and 0.260. Stop-loss/trailling stop at 0.165.
sunshine96 - PASUKGB: Have a resistance level of 0.195 and 0.200, support level of 0.175 and 0.180 (very strong support level). It was trading in a rectangle since Nov 2013 until June 2014 but it breakout from the rectangle with volume on 23/06/2014. Now it's re-testing the resistance level of 0.195, if it successfully break this resistance level and 0.20 it might go and re-test resistance level 0.22 and 0.24. Stop-loss at 0.155.
siena - SYCAL: Symmetrical triangle formation, but there's no any confirmation for any breakouts yet. Have a resistance level of 0.42 and 0.435, support level of 0.40 and 0.38. There's weakness in this stock, it's now re-testing it's support level at 0.40. Stop-loss at 0.345.
Inwest88 - Good morning. So sorry. Cudnt reply. My modem faulty and cudnt have access to internet. Got it fixed and football had started. Favourites France and Germany in.
Congrats on Sunzen, Opensys and Tek Seng. Agree with Nana88 that you are really fast to transact so many fun and quick trades for beer money. Not many people can do it, me included.
tsy88 - good morning. Thanks. It's not easy to have quick trades unless you are focusing on the screen all the time. Anyway I will be busy again from now on and after 15 minutes or so in the morning will not have the time to look at the market. If there are any stocks (to watch)I pick up during the night I will just mention it in the morning. Happy Trading.
tsy88 - didnt watch the matches last night. With Germany and France winning, that means my predictions for the 6 games are correct (though 2 involved penalty kicks). For tonight Argentina and Belgium should should prevail.
Inwest88 - Yes. Sold Yinson already. Told you (see above my mention on your fun and quick trades.) Sold at 2.97/2.94. Noted on Mphbcap and Destini. Thanks.
SEACERA--Broke its previous high of $0.975 with volume and into uncharted territory, next Strong resistance is at $1.00 and immediate target of $1.05 and beyond. I just scale in more shares after the breakout..
Still, remember to lock in profits by setting a Trailing Stop.
Nana88 --Never wrong to lock in profits. TCB encourage traders to cultivate habit of profit taking.
kc18--TCB team could be busy at the moment. If you are trading on Seal, congratulation on a winner. For counter like Seal i would like to suggest you set a Trailing Stop to protect your profits while at the same time try to ride on the winning as high as possible. Whether can it get to $1.50 no one know, target is just a guide.The higher it goes you keep increasing your Trailing Stop just incase there is a Big Pull Back.
Inwest88 - Wanted to buy Seacera but hesitated so missed the boat. Weida looks very nice today. Congrats. Mphbcap and Destini not really moving. Like you, also did not buy/sell today.
It first broke out of its symmetrical triangle on 29/5. It briefly retraced back into the triangle and broke out again on 11/6 and is currently bullish. Today, it has surpassed its major resistance of 1.59 with ease and on very high volume. Immediate support = 1.50. TP 1 is 1.74. Yes, it will be riding into unchartered territory.
Thanks Bro matrixcool on Seacera, i sold at your target of $1.10.I sold with so much profits. Thanks again brother !! BeginnerTrader, brother matrixcool email is: matrixcool02@gmail.com
lottolearn --Congratulation on your winning on Seacera.
cherry tomato --Remember to set Trailing Stop to rpotect your profits or clear part to lock in profits. To win in long term you must always take the profits when opportunity arises.
SMRT Uptrend is very much intact, it is expected to test its previous high soon.
I collected some this morning at $0.875, still showing weakness so do not chase and if you start to collect please make sure you observe the Stop Loss level i mentioned in my email K?
cherry tomato--Congratulation profits in the pocket is better than paper gains..
Happy Trading.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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 .