Posted by winwinborn > 2014-07-01 16:18 | Report Abuse

Noted with thanks, Matrix.

Posted by siena > 2014-07-01 17:46 | Report Abuse

Hi TCB, can help to read Sealink. Thanks again!

Posted by Lz Lee Weiping > 2014-07-01 21:27 | Report Abuse

skyland - SEAL:
Bullish. Have a support level of 1.21 and 1.1, resistance level of 1.4. If it broke out from 1.4 with volume it will go to an uncharted region. On weekly chart, it's shown that a spike formation, but need to see the condition for a few days, if it's confirmed to be a spike formation, the price will either drop or consolidate. TP of 1.57 and 1.67. Stop-loss/trailing stop at 1.00


bonus - PASDEC
The scenario basically remain quite the same.
Support level: 0.77/0.76 and 0.65
Resistance level: 0.84/0.85 and 0.93
It's now consolidating and if there's any break from the support level of 0.77/0.76 it will re-test the support level of 0.65.
Stop-loss/Trailing-stop: 0.73

Posted by Lz Lee Weiping > Jun 27, 2014 12:46 AM
bonus - PASDEC:
Have a support level of 0.76 and 0.65. Resistance level of 0.80, 0.85 and 0.93
Judging from the increasing volume MA and the price trend from 18/06 to 26/06, the price trend will most likely fall due to a lot of support for the current price movement. Most likely is panic sell. Stop-loss or trailing-stop at 0.73.

Happy trading~

Posted by stay_foolish > 2014-07-01 21:38 | Report Abuse

noisyboy

MPAY

Stage 4- Mark down which is very bearish. It has just broke the strong support line at $0.25 (support line turned into resistance line now) and further test support line 1 at $0.225. $0.225 looks very frail and support 2 at $0.205. Cut loss if $0.205 is violated. We would advise do not catch the falling knife.

Posted by stay_foolish > 2014-07-01 21:42 | Report Abuse

Siena

I did read the FITTERS chart on 19/6

FITTERS

Stage 2- Accumulation which is still very bullish. Now it is going through some consolidation with healthy volume. May found a new bottom at 0.955. A break above 1.05 with volume, it is expected to test its previous high 1.13.and the resistance 1 at 1.09. Support 1 is 0.985 and strong support at 0.955. Cut loss if 0.955 is violated

After reading on 1/7

The situation is still remain the same. Still going through some consolidation with healthy reduced volume between 0.985 and 1.02. A break above 1.05 with volume, it is expected to test its previous high 1.13.and the resistance 1 at 1.09. Support 1 is 0.985 and strong support at 0.955. Cut loss if 0.955 is violated

Posted by yoda88 > 2014-07-01 21:42 | Report Abuse

siena-Sealink

Sealink is expected to continued trending as the hourly chart and daily oscillators are hooking up at the positive region suggesting imminent resumption of uptrend.Weekly and daily charts shows positive signals.

Further upside targets are 0.675 and 0.69. If it manage to scale above 0.69 the next target will be 0.77.
Immediate support is 0.655 and 0.63.
A stop loss if 0.62 is triggered.
Happy trading.

Posted by matrixcool > 2014-07-01 21:43 | Report Abuse

Soon Soon , on your request of SCOMIES,
#Scomies touched cut loss level of 0.96 with low volume. Kindly update chart reading#

SCOMIES—After hitting high of $1.17 on 11/04 it consolidated to the low of $0.96 and evrytime it hit this important support Scomies rebounded. Today it touched this level again without violating it and you can expect some technical rebound from here. It is forming what look like Head & Shoulder pattern with neckline at $0.96 which has bearish implication if $0.96 is violated( That is why we put the Stop Loss level at $0.96 if violated.) It is expected to trade between $0.96 to $1.02 (Its immediate downtrend Line), a break above $1.02 with volume signal Price Reversal and should meet very strong resistance at $1.05.
It is also entering into stage 3 of the cycle which is the distribution stage, depend on your entry price if Scomies cannot break above $1.02 you may want to Sell to release your capital for other moving stocks.Stop Loss if $0.96 is violated with volume.

Happy Trading..

Posted by Nana88 > 2014-07-01 21:55 | Report Abuse

Stay_foolish,
May I ask about fitters. I am monitoring but not yet buy in. You mentioned 'healthy volume'...can you elaborate on this, for educational purposes. I thought the volume was rather thin. Thanks so much in advance.

Looks like all TCB experts are 'hard at work' on charts at this hour. Much appreciation to all of you.

Posted by Soon Soon > 2014-07-01 22:06 | Report Abuse

Thank you very much, Matrixcool !

Appreciate your chart reading .

Posted by stay_foolish > 2014-07-01 22:28 | Report Abuse

Nana88

Yes. It can defined as thin volume as well. A slowdown in volume is always the result of indecision on the part of investors. When they cannot come to consensus about fair value. volume slows and trading range narrows (most often rectangular in shape) as most investors move to sidelines and await more data. For consolidation pattern, it can last for several days, several weeks or several months. The period that follows consolidation is a Breakout, and this can trigger the buying signal.

Hope this helps. Feel free to add in any input :)

Happy trading!

Posted by Nana88 > 2014-07-01 23:05 | Report Abuse

stay_foolish,
Healthy..thin..consolidation..indecision. Ok, I got you.

Thank you for your time to explain this. :)

Posted by presint > 2014-07-01 23:13 | Report Abuse

Dear TCB, how can I recognize the breakout and buying signal. read a few books but don't think any of them give a clear indication of buying and selling signal. thank you for time. :)

Posted by skyland > 2014-07-01 23:13 | Report Abuse

dear TCB, pls advice LCTH & seacera

Posted by sunlight > 2014-07-01 23:39 | Report Abuse

Hi skyland,
LCTH:
This stock is very bullish. It broke out from the ascending triangle at $0.30 on 23/06 but fell back the following 3 days due to heavy selling. It found support @ $0.28 (formed by the gap up on 18/06) and started to move upwards the last 3 days resuming it bullishness. Please note that the 3 white soldiers candlesticks pattern formed indicates bullish bottom reversal signal. The immediate TP is $0.36 follows by TP2 - $0.395/$0.40.
If it retraces, the immediate support is at $0.32, follows by $0.30 and $0.28 respectively. Stop loss at $0.26 if violated with volume.

Happy trading.

Posted by bonus > 2014-07-02 00:01 | Report Abuse

Thanks Lz Lee Weiping for sharing..... Appreciated...

Posted by tsy88 > 2014-07-02 00:08 | Report Abuse

Profitman - thanks for analysis on Sign and appreciated.

Posted by kc18 > 2014-07-02 03:24 | Report Abuse

Matrixcoool - Tks for yr advice on Seal. Managed to sell at 1.35. Indeed there is a big pullback on this stk! Luckily u highlighted to me. Tqvm.

Posted by tsy88 > 2014-07-02 03:47 | Report Abuse

Dear TCB - Kindly comment on Oversea. Seems to be trending lower.

Posted by tiongms > 2014-07-02 05:33 | Report Abuse

Dear Bro Matrixcool - morning,pls assist to analyse MPHBCAP & IJMPLANT.Thank you in advance.

Posted by sunshine96 > 2014-07-02 05:37 | Report Abuse

Good Morning TCB, hope I am not missing out on Bornoil posting,
please updates on the charts reading. Thank You.

Posted by inwest88 > 2014-07-02 07:54 | Report Abuse

Good morning TCB.

Posted by inwest88 > 2014-07-02 07:57 | Report Abuse

tsy88 - good morning. As expected Argentina and Belgium came out victors. Today will be looking at CCK, LCTH, OSKVI, Priva

Posted by tsy88 > 2014-07-02 08:03 | Report Abuse

Inwest88 - Good morning. Noted and appreciated. Still holding on to Eg. Yesterday wanted to buy Sign at 1.58 hoping it will breach 1.59. When it shot to 1.62, was reluctant to chase. Surged to high of 1.72 and settled at 1.67 at close. At times, got to take the plunge!

Posted by tsy88 > 2014-07-02 08:13 | Report Abuse

Inwest88- Yinson retraced to 2.80, the level I bought. Luckily disposed on Monday. Kenanga Research downgraded this stock to 2.30 only. Again difference of just 1 day makes so much difference!

Posted by matrixcool > 2014-07-02 08:33 | Report Abuse

kc18 ,
# Matrixcoool - Tks for yr advice on Seal. Managed to sell at 1.35. Indeed there is a big pullback on this stk! Luckily u highlighted to me. Tqvm. #

I am very happy you did set a Trailing Stop at $1.35 to exit by protecting your profits. You are on the right track to be a successful traders. The reason TCB encourages traders to set Trailing Stop on a winning stock is to take care of our emotion of Greed and Fear.
That does not mean Seal would not get to your target of $1.50 later, but you will be spare of agony of capital tied up and stress and Fear that will it go lower?

Happy Trading..

Posted by Mohd Alwi > 2014-07-02 08:38 | Report Abuse

Dear TCB,

What is ur oppinion on Mpay-wa, Frontkn & Nexgram.

Thank you.

Posted by siena > 2014-07-02 09:09 | Report Abuse

Thanks Yoda88 for Sealink and thanks SF for Fitter...Cheers!

Posted by inwest88 > 2014-07-02 09:09 | Report Abuse

tsy88 - it is never wrong to say that the market is so unpredictable. In the stock market there are no such things as profits if they are not realized. CCK gapped up too high. Not going to chase.

Posted by inwest88 > 2014-07-02 09:09 | Report Abuse

Got to go out.

Posted by inwest88 > 2014-07-02 09:15 | Report Abuse

by the way clear 50% Weida at 1.80 to lock in some profits

Posted by ProfitMan > 2014-07-02 09:50 | Report Abuse

Inwest88 - good morning to you too. Wish you a profitable day ahead.

Posted by humble_bee > 2014-07-02 09:53 | Report Abuse

Good morning TCB, pls advise on MRCB. Thanks

Posted by ProfitMan > 2014-07-02 10:04 | Report Abuse

skyland - Seacera:

You may have missed Matrix post on Seacera. Anyway, below is his reading on it:-

Posted by matrixcool > Jul 1, 2014 11:21 AM

Lottolearn,

I am happy you bought in SMRT and Seacera.

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.

Happy Trading.

Posted by ProfitMan > 2014-07-02 10:20 | Report Abuse

tsy88 - Oversea:

Reading on Jun 23, 2014 10:10 AM :-

Relax - Oversea:

Bullish. Broke out on 23/5 with volume. Hit a high of 0.31 on 19/6 and based on the candles formation, you can expect it to consolidate before it trends higher. Immediate resistance = 0.31. Support 1 = 0.25 while support 2 = 0.235.

Update Reading:
As expected, it went into consolidation and is currently testing its support at 0.25.

Posted by matrixcool > 2014-07-02 10:26 | Report Abuse

presint > Jul 1

#Dear TCB, how can I recognize the breakout and buying signal. read a few books but don't think any of them give a clear indication of buying and selling signal. thank you for time. :) #

A very good and valid question. Breakout must have the following characters to qualify for the true breakout instead of Bull Trap.
a) It must have a pattern preceeding it like Symmetrical Triangle, Bullish Flag,Rectangle Consolidtion,previous high etc.
b) It must accompany by large volume at least 2-3 times 30MA average volume.But too large of volume you need to be careful it might be buying frenzy.
c) A breakout normally lead to few percents rally follow by re testing of that breakout level. If the stock fell below that breakout level it is considering not valid or what we call a Bull Trap. So if you chasing a breakout stock do set your exit maybe 2-3 bits below that breakout in case of Bull Trap.
d) After the breakout if the stock retested its Breakout level and stay above that is a clear Buy signal.

Hope this help.

SEACERA--Heading toward next target of $1.20/$1.23. For those that still holding on Seacera do set your Trailing Stop to protect your profits.

Happy Trading..

Posted by nana88 > 2014-07-02 10:54 | Report Abuse

Dear Mat,
Still holding on to some Seacera. may I ask what is the support/resistance (if any) from here on to the estimated target of 1.20/1.23. Thanks.

Posted by matrixcool > 2014-07-02 12:29 | Report Abuse

Nana88, Congratulation on Seacera which u r still holding..Me too..
Yesterday i raised my Trailing Stop to $1.04..(just nelow my TP1 of $1.05)
I may raise again later since it is heading towards $1.20/$1.23..i am not on my pc..using my hp now.

Happy Trading..

Posted by untung99 > 2014-07-02 13:06 | Report Abuse

Dear TCB, Could you kindly check PRTASCO , is it a good time to go in.Thank you

Posted by yoda88 > 2014-07-02 13:49 | Report Abuse

sunshine96-Bornoil
Bornoil is currently uptrending breaking out frm its downtrend line.This morning it was trying to break the 0.70 resistance nicely trending above the bollinger band. Once the 0.70 is broken with volume the next level will be 0.725,0.745 and 0.77.

Immediate supports are 0.66 and 0.645.
As stop loss at 0.63 level.
Happy trading.

Posted by tsy88 > 2014-07-02 14:23 | Report Abuse

Profitman - Thanks for your reading of Oversea. Am relieved. Will hold on and wait.

Posted by livermore > 2014-07-02 14:25 | Report Abuse

Dear TCB,

Can you kindly check for IDEAL?

Posted by Dlyc > 2014-07-02 15:15 | Report Abuse

Hi TCB,
Seek advice on SIGGAS. Start of bull run?

Posted by lottolearn > 2014-07-02 15:17 | Report Abuse

Brother Matrixcool,

I just read your post you still holding on Seacera, wow I sold too early? How you work out the Trailing Stop.I want to learn and trade like you.
I bought Eforce, follow you.

Thanks

Posted by sunshine96 > 2014-07-02 15:30 | Report Abuse

Good Afternoon Yoda88, Appreciate and Thank You very much on the updates of Bornoil.

Posted by ProfitMan > 2014-07-02 15:52 | Report Abuse

untung99 - Prtasco:

After hitting a high of 2.13 and ex-dividend, it is now in a correction mode. It seems to be settling on its support level at 1.93. Strong support can also be expected at 1.90. However, if the 1.90 support is penetrated, it would retrace further. So, you may want to set a stop loss at 1.89. Immediate resistance is at 2.00.

Sorry, we do not advise traders on buying and selling stocks. Trading decisions belong to you and you yourself only as each individual has their own risk profile and financial budgets. However, should you decide to trader this stock, we suggest you draw up a trading plan before you trade and do remember to set a stop loss in case the trade turn against you.

Posted by untung99 > 2014-07-02 16:00 | Report Abuse

Dear TCB, Thank you for your reply on Prtasco, noted your advice,thank you ProfitMan.

Posted by pathew > 2014-07-02 16:12 | Report Abuse

cmsb and naim.... remember I mentioned to watch ?
hehe... already up :)

Posted by ProfitMan > 2014-07-02 16:29 | Report Abuse

pathew - good call. Noticed it shot up today. Thanks for highlighting. Hope you made good money on it.

Posted by matrixcool > 2014-07-02 16:43 | Report Abuse

lottolearn --Trailing Stop is a exit point for me when i am on a winning trade. For stock trading no one can sell at the top all the time. Normally the Trailing Stop is the amount i am willing to give back if the uptrend turns against me. It is normally the next support or earlier resistance turn support. If the stock keep moving up i will keep increasing my Trailing Stop to protect my profit unless the candlestick pattern shows price reversal.Then i may clear on any rebound.
In stock trading, selling is the most difficult part because of our greed, selling early is fine as long as you make money. Making money is our main Focus here.Remember stock market is a zero sum game, you make money because someone else is losing.

pathew --Good call and congratulation.

Happy Trading..

Posted by pathew > 2014-07-02 16:47 | Report Abuse

too bad I only took Naim at 420. I was hesitant about CMSB, otherwise I would've gotten CMSB at 3.58 last fri too.