Posted by siena > 2014-07-05 23:22 | Report Abuse

Hi TCB....appreciate your advise on BIG. Thanks in advance!

Posted by matrixcool > 2014-07-06 11:35 | Report Abuse

novice8 ,lottolearn

WILLOW—On Weekly Chart, it closed above its uptrend line with white Marubozu candles which is very bullish. However, it also issued some conflicting signal by forming Separating Line which is also bullish, Engulfing Bull (Also a bullish formation) but during uptrend can be concerned whether this is the last engulfing top? The Dark Cloud formed on week 02/05 at $0.915 is shadowing the upward movement of Willow so unless this dark cloud is cleared it has formed the top at $0.915 for mid term.
Daily Chart—After hitting high of $0.915 on 28/04 Willow consolidated with reduced volume and found new bottom at $0.77 with bullish tweezer bottoms on 01/07. The next day it open with a breakaway gap with volume imply more bullish trend. All landscape for willow is pointing uptrend but it will meet very strong resistance towards its previous uptrend line which is at $0.915(As of today and rising).
Expect trading range of $0.83-$0.895. If support of $0.83 failed will find very strong support at $0.815/$0.80.Stop Loss if $0.77 is violated.

Have a nice weekend

Posted by Lz Lee Weiping > 2014-07-06 11:56 | Report Abuse

tiongms - HAPSENG
After ex-dividend, the price might consolidate awhile between 3.47 and 3.60/3.55. This stock have an uptrend since may 2013. Support levels are 3.47 and 3.39. Resistance levels are 3.60/3.55. If it breaks the support level of 3.47, it might become a downtrend. If it breakout with volume from the resistance 3.60/3.55 it will go to an uncharted area. TP are 3.72, 3.80. Stop-loss at 3.33.

johnny cash - IPMUDA
Bullish, with support level of 1.43 and 1.21, resistance level of 1.54. On weekly chart it shows that a long white Marubozu is formed indicating bullish momentum. If it's able to breakout from the resistance of 1.54, it will go to an uncharted region and the TP of 1.70 and 1.84. Stop loss at 1.10.

johnny cash - SYSCORP
Uptrend momentum after breakout from the gap resistance on 20/06. Gap up on 04/07, with a resistance of 0.625 and support level of 0.56 and 0.52. Breaking the resistance of 0.625 will send this counter to the TP of 0.66 and 0.69. If it breaks below 0.56 anticipate a gap closure. Stop-loss at 0.50.

Happy trading~

Posted by matrixcool > 2014-07-06 14:31 | Report Abuse

novice8,

WTK—Still trapped inside the Symmetrical Triangle of $1.37 to $1.42, The upward momentum is picking up and may breakout from the Triangle soon. Any weakness should find immediate support at $1.39/$1.38.A break above $1.42 with volume signal breakout to its immediate resistance at $1.46/$1.50. Stop Loss if $1.36 is violated with volume.

Happy Trading

Posted by kheng > 2014-07-06 14:44 | Report Abuse

Mat, try to locate online klse counters with spiked volume but to no avail. Your help to provide me the much needed spark will be highly appreciated. Taiwanese can obtain the aforesaid daily update somewhere in Yahoo website. Thks in advance.

Posted by matrixcool > 2014-07-06 15:33 | Report Abuse

kheng,
You need software to scan through KLSE stocks to locate those stocks. I am using Metastock and i can explore price/Volume break out but not Spike volume.

I have no idea which web site provides such information.

Any TCB members can help Kheng here?

Happy Trading

Posted by profitman > 2014-07-06 18:18 | Report Abuse

cherry tomato - Censof:

It has been trading in a descending triangle, a bearish formation. Has formed a strong support base at 0.47. Although the formation usually has bearish implications, in Censof case, it could be a case of a descending triangle with a bullish undertone as the past 2 weeks witnessed an increased in volume traded on the back of a price/RSI bullish divergence. The impending implementation of the GST and its proposed warrants could be the potential catalyst.

A break in its immediate resistance at 0.535 with volume would signal a potential breakout into a bullish mode. However, it is best to confirm the validity of any breakout by observing that its price sustains above 0.535 for at least 3 trading days with volume, as in the past, its price tends to recoil back towards it support base at 0.47. Any upward movement would see it testing the resistance levels at 0.605 and 0.67. You may want to consider a stop loss at 0.46.

Posted by yoda88 > 2014-07-06 18:22 | Report Abuse

lauspo-ILB
ILB tested its first support of 0.825 after gapping up on the 16th June and rebounded frm that level on the 4th July with healthy volume. Its uptrend is still intact.With momentum and volume high possiblity it will test the resistance of 0.874 and 0.885.If i tmanage to break the upper bollinger band than it will scale higher towards 0.915.

Immediate supports are 0.835 and 0.835.
Stop loss if 0.825 is violated as it might try to close the gap of 0.80 level.
Happy trading.

Posted by yoda88 > 2014-07-06 18:48 | Report Abuse

Jass-titijaya

Since breaking frm the squeezing of bollinger band with volume on the 19th June, its consolidating with a reduce in volume. Currently RSI is at a overbought situation and it might consolidate for awhile. Watch out for volume and momentum.Any upward movement with volume could see it testing the resistance levels at 2.66 and 2.79.Immediate supports can be found at 2.48 and 2.35 levels with a stop loss at 2.20 level.
Happy trading.

Posted by profitman > 2014-07-06 19:11 | Report Abuse

novice8 - Brem:

Trading sideways on consolidation mode. Currently, it is range bound with a support line at 2.04 and a resistance line at 2.10. Further support back can be found at 2.01 and 1.96. Resistance levels are located at 2.13, 2.17 and 2.26. It needs to break 2.10 with volume in order to trend higher. You may want to consider a stop loss at 2.00.

Posted by aikwais > 2014-07-06 19:44 | Report Abuse

Dear TBC

Appreciate if you could analyse on MATRIX.

Best regards.

Posted by yoda88 > 2014-07-06 20:54 | Report Abuse

lotto-skpetro
The uptrend of Skpetro is intact on a weekly and daily chart whereby it has formed a pennant on a daily chart which usually will followed by a prevailing trend.A break out of its immediate resistance with volume at 4.48 frm the pennant will spur the stk to move upwards to a resistance of 4.52 and 4.81. However, keep an eye to confirm the breakout frm pennant by observing that its price able to sustains above 4.48 level with volume.

Immediate supports are at 4.37 and 4.21.
A stop loss if 4.21 is violated.
Happy trading.

Posted by novice8 > 2014-07-06 21:14 | Report Abuse

Tqvm TCB!!!

Posted by malaysian > 2014-07-06 21:31 | Report Abuse

Hi guys any good penny stock w good technical to buy?

Posted by stay_foolish > 2014-07-06 21:39 | Report Abuse

cherry tomato

Mudajya

Still Market Cycle stage 3- distribution and the price can be volatile. A Hammer formed on 3/7 and confirmed by a White Candle and indicate Price Reversal. Price is expect to test resistance 1-2.58 and resistance 2- 2.62. A strong resistance at 2.72 need to break above to filled the gap in order to Trend Reversal to Stage 2 (Bullish). Support 1 at 2.44 and support 2 at 2.39/2.40. A break below $2.34 may Trend Reversal to Stage 4 which is very Bearish.

Mkland

Stage 2 market cycle which is bullish. After consolidating for a few weeks from 05/05 to 03/07, it breakout the resistance 0.505 and formed a Shooting Star on 04/07. The Breakaway Gap on 04/07 may attract seller to sell their position and formed Shooting Star Candle. May find a temporary support at 0.505 and it looked frail. Support 1 at 0.47 and strong support at 0.455. If the support 0.505 can sustain, it is expected to test 0.535 and the previous high at 0.56.

Posted by stay_foolish > 2014-07-06 21:54 | Report Abuse

kingcobra

KUB

The mid term uptrend is still intact. It trading at a range trade at the moment, ranging around 0.545 to 0.585 level. Resistance can be found at 0.60 and 0.65. Failure to stay above 0.545, It may trade sideways and range trading. Immediate support 0.51/0.515 and stop loss if 0.50 is violated. The problem with KUB is it has lots of overhangs to clear, so unless the breakout is with big volume it is not going to sustain as any meaningful rebound.

FYI: Highest volume on 08/02/2012 and I believe those ppl are still holding KUB at 0.83.

Posted by taka > 2014-07-06 21:57 | Report Abuse

TCB,
Hope some sifu can recommend a TA training course for newbies who are keen to be a stock trader and investor.

Posted by stay_foolish > 2014-07-06 22:03 | Report Abuse

siena

BIG

Stage 3- Distribution stage and trading inside the range btw 0.675 and 0.86. Midterm trading range is between 0.75 and 0.865. Need to stay above 0.865 to Trend Reversal to Stage 2 which is Bullish. Scale in more if break 0.865. May find immediate support at 0.75 and strong support at 0.675. Cut loss if the strong support 0.675 is broken. If the level 0.675 is broken, it begins stage 4 of the cycle which is very bearish and we may want to avoid it at all cost.

Posted by yoda88 > 2014-07-06 22:04 | Report Abuse

CK-thheavy

Curently Thheavy is bearish and downtrending on a weekly and daily chart. On a daily chart it has broken the lower bollinger band which indicates the stk is very bearish.If you're bottom fising on this stk, the immediate supports are at 0.83, 0.775 and you might want to set a stop loss at 0.755.Any technicall rebound with volume it might take thheavy to scale back to 0.845,0.86 and 0.89 level.
Happy trading.

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

EAH ?

Posted by siena > 2014-07-06 22:33 | Report Abuse

Hello SF...thank you once again...appreciate it!

Posted by yoda88 > 2014-07-06 22:41 | Report Abuse

tpchuayap-EAH

Share prices of EAH are expected to climb higher as its gaining bullish momentum. Noticeably, reading from all oscillators on a daily chart shows bullish signal. Further upsides are targeted at 0.135,0.145 and 0.153.Immediate supports are at 0.13 and 0.125
with a stop loss at 0.12.
Happy trading.

Posted by skyland > 2014-07-06 22:44 | Report Abuse

TCB- pls advice mulpha. tq

Posted by Bs1688 > 2014-07-06 22:51 | Report Abuse

Dear TCB , how you view paragon? Tq

Posted by profitman > 2014-07-06 22:52 | Report Abuse

malaysian - welcome. I am afraid we are not in a position to recommend stocks for you to buy but we do share TA and stock market information. Trading decision is yours based on the TAs that are presented here.

taka - welcome. We do not have any training course to recommend to you but we would appreciate if someone here can help taka out. Thanks in advance.

Posted by johnny cash > 2014-07-06 23:10 | Report Abuse

http://klse.i3investor.com/blogs/koonyewyinblog/55455.jsp

keep eye on mudajaya

Posted by profitman > 2014-07-06 23:12 | Report Abuse

Johnny cash - thanks for alerting on mudajaya. Appreciate it.

Posted by matrixcool > 2014-07-06 23:24 | Report Abuse

06/07/2014
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 these stocks are for sharing purpose only.

STOCK IN FOCUS ( Short Term Trade)

PW—The consolidation for PW looks over after finding new bottom at $1.21. It is expected to resume its upward movement to immediate resistance at $1.38 and retest its previous high of $1.43.A break above $1.43 with volume will take it into uncharted territory of estimated target of $1.50/$1.55 and beyond.Immediate support adjusts to $1.30/$1.25( First sign of weakness if $1.25 is violated).Stop Loss if $1.20 is violated.

Happy Trading.

Posted by jass > 2014-07-06 23:52 | Report Abuse

thanks yoda88 for titijaya info.

Posted by tiongms > 2014-07-07 05:34 | Report Abuse

Thanks Lz Lee Weiping for the help on Hapseng.Thanks again

Posted by lottolearn > 2014-07-07 09:21 | Report Abuse

Thanks Yoda88 and Bro Matrixcool for chart reading.
Bro, thanks for Orna, so happy.

Posted by tpchuayap > 2014-07-07 09:51 | Report Abuse

@yoda, thanks for sharing

Posted by lctay81 > 2014-07-07 10:27 | Report Abuse

TCB, any advise on Hexza? Thanks.

Posted by MC 1971 > 2014-07-07 14:55 | Report Abuse

Can anyone enlighten me on Asiapac ? Tqvm

Posted by novice8 > 2014-07-07 16:53 | Report Abuse

Dear TCB-- mind to comment Engtex pls? Tq!!!

Posted by tsy88 > 2014-07-07 17:20 | Report Abuse

Inwest88 - Did you clear Syscorp today?. No news from you today! I sold Cck at 97 in morning session. Seacera new high registered.

Posted by tsy88 > 2014-07-07 17:25 | Report Abuse

Inwest88 - Our index also regisrered new high. Going to hit physhological mark of 1900. Expect very heavy profit taking to setin by that time. What is your opinion on our index hitting new high?

Posted by tsy88 > 2014-07-07 17:40 | Report Abuse

Dear TCB - Please advise on Bhs. Scaled to new high today and on to unchartered territory. Expect more upside for this stock? Appreciate your analysis on this. Thanks in anticipation.

Posted by sandho9 > 2014-07-07 18:09 | Report Abuse

Many counters so high already. I cash out a lot already. What can I buy tomorrow?

Posted by nana88 > 2014-07-07 18:48 | Report Abuse

Dear TCB - wanted to ask about Engtex too. Thanks.

Posted by matrixcool > 2014-07-07 19:59 | Report Abuse

novice8,Nana88, > Jul 7
Dear TCB-- mind to comment Engtex pls? Tq!!!

Today Engtex broke out from its 7 weeks consolidation of $1.83 to $1.93 with volume and tested its strong resistance at $1.98. As mentioned in earlier post Engtex is on a Trend Reversal if it can stay above its immediate support of $1.98(Resistance turns Support). It is expected to test its immediate target of $2.03 and $2.10 (Gap Resistance formed on 24/04).In the event $1.98 fails to hold the next strong support is at $1.93. I have raise my Stop Loss to $1.93 if it is violated to protect my capital

Happy Trading

Posted by Relax > 2014-07-07 20:09 | Report Abuse

Dear TCB, can you comment on HL Cap?
The company don't have enough 25% public spread month to month.
What is probably going to happen next?

Posted by novice8 > 2014-07-07 20:11 | Report Abuse

tqvm mat!!!

Posted by yoda88 > 2014-07-07 21:19 | Report Abuse

hopewinner-Asiapac

Resumption of uptrend is expected as Asiapac breaks the upper bollinger band on a daily chart with healthy volume.If buying interest continues tmr with volume it may retest its high of 0.32.Daily and hourly chart shows all oscillators at the positive region suggesting imminent resumption of uptrend.

Further upside targets are 0.32 and 0.325.
Immediate supports are found at 0.285 and 0.28.
A stop loss if 0.275 is triggered.
Happy trading.

Posted by skyland > 2014-07-07 21:24 | Report Abuse

TCB pls advice on seacera. tqvm.

Posted by matrixcool > 2014-07-07 22:04 | Report Abuse

skyland > Jul 7

TCB pls advice on seacera. tqvm.

skyland, Seacera is on bullish stage 2 cycle,for stock like Seacera TCB always advise trader to trade with a Trailing Stop to protect your profits in case there is a big pull back.Like you i am still riding on Seacera when first bought in at $0.84. I cleared 50% of Seacera at $1.13 earlier but bought back some more at $1.07 last Friday. Today i cleared those that bought in last Friday at $1.19(T+2) but still holding on 50% of Seacera which i bought at $0.84.

Chart wise:

SEACERA—Today it hits my target of $1.20/$1.23 before profits taking kick in to close at $1.15.On TA the chart does give some conflicting signals, a Bullish Seaprating Line implies more upward bullish trend and a Price/RSI Bearish Divergence giving warning that the undertone could be weaker than thoguht. I may sell on further strength towards my target of $1.20/$1.23. Any weakness should find support at $1.09/$1.07. I have also tightened my Trailing Stop to protect my profit by increasing it to $1.06.

Happy Trading

Posted by skyland > 2014-07-07 22:09 | Report Abuse

tq matrixcool!!

Posted by sunlight > 2014-07-07 22:14 | Report Abuse

Hi aikwais,
MATRIX:
It is bullish after broken out above resistance at $4.26 with some volume. Today it also broke the next immediate resistance at $4.30 forming 3 white soldiers candlestick pattern which indicates bullishness. The price almost hit TP1 at $4.41 today but closed at $4.40 instead, due to lack of bigger volume and because of the natural psychological (invincible) resistance formed by round number (in this case - $4.40). If it breaks above $4.41, it should try to move to the next TP2 at $4.64.
If it retraces, it will find immediate support at S1-$4.26, S2-$4.15 and S3-$4.04 respectively. Stop loss at $3.96 if violated with volume.

Happy Trading.

Posted by profitman > 2014-07-07 22:15 | Report Abuse

sandho9 - sorry, we do not recommend stocks to buy here. Hope you understand.

Posted by kingcobra > 2014-07-07 22:17 | Report Abuse

stay foolish thanks for those info on KUB and I buy OVERSEA?