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 .

120 people like this.

7,838 comment(s). Last comment by ProfitMan 2016-12-27 15:21

tsy88

9,978 posts

Posted by tsy88 > 2014-07-20 17:11 | Report Abuse

Profitman - I see what you mean. Thanks for the explanation. If bullish, can consider taking up a position.

tsy88

9,978 posts

Posted by tsy88 > 2014-07-20 17:14 | Report Abuse

Profitman - sorry to disturb you again. Can you please give an indication of the Tp and support for Nylex? Thanks.

matrixcool

1,307 posts

Posted by matrixcool > 2014-07-20 17:44 | Report Abuse

navi > Jul 20, 2014
Dear TCB...can you please help on reading hovid. Thank you

HOVID—Weekly Chart—Stage 2 of the cycle and very bullish in midterm, the next target is estimated at $0.445/$0.46. It break may try $0.50/$0.53.
Daily Chart-- It breakout from the rectangle consolidation of $0.32 to $0.385 on 07/07 which carries an immediate estimated target of $0.445 and beyond. Last Friday it closed at its new high of $0.44 but formed an Engulfing Bull on top, also the Price/RSI has started to form Bearish Divergence since 07/07. Whether this is the last engulfing top we need the next candle to confirm. If the next candle closed below $0.44 Hovid may have found the new temporary top. Any weakness due to profit taking or overbought situation should find immediate support at $0.405 and very strong support at $0.385(Resistance turns Support).

Happy Trading

navi

368 posts

Posted by navi > 2014-07-20 18:50 | Report Abuse

Thank you matrix for your kindness...will monitor tomorrow

inwest88

5,628 posts

Posted by inwest88 > 2014-07-20 20:48 | Report Abuse

tsy88 - another week of trading before Raya. Will be looking into Ijacobs and Weida again. Also smiscorp and furnweb. Saw your posting on wzsatu . Looks good but have risen quite a bit. Was in this counter when it was 80 over sen and made 13 sen. Since then did not re-enter again.

tsy88

9,978 posts

Posted by tsy88 > 2014-07-20 21:19 | Report Abuse

Inwest88 - just saw your posting. Wow,that's a good profit on Wzsatu. Did not know you then!

Ijacobs - so strong but dare not go in at this level. Will consider only on pullback.

Furnweb - forgotten about this counter after it went ex. Seems so long ago now.

Smiscorp - normally scarcely traded.

Weida - looks good and poised to scale higher probably over 1.90 next.

Among all the stocks,think I fancy Weida the most. May jump in.

Looking forward to trading tomorrow. Thanks and get back to you tomorrow.

Good night.

Posted by stay_foolish > 2014-07-20 21:31 | Report Abuse

lottolearn

Skpetro

In weekly chart- Formed a Symmetrical Triangle which has bullish implication. Immediate downtrend line now is at 4.65. If break above 4.65, there is a major trend reversal
In daily chart- The price is consolidating btw 4.33 and 4.52. May find immediate support at 4.33. Strong support at 4.21. Need to break above 4.52 to test 4.65 to Reverse Trend.

Posted by stay_foolish > 2014-07-20 21:35 | Report Abuse

motomoto

skpress

Stage2 of the market cycle- very bullish. May find a immediate support at 0.585 and strong support at 0.555. Cut loss if 0.555 is violated. A break above $0.635 may test $0.66/$0.685. RSI at 70% is a strong support, you may riding on it if 70% is still intact. Need to be more cautious if 70% RSI is broken. Congrats if you are enter this winning trade and rmb to set trailing stop loss to prevent its turn against you.

tsy88

9,978 posts

Posted by tsy88 > 2014-07-20 21:42 | Report Abuse

Inwest88 - also like Nylex. Ancom looks poised to post new high.

Posted by stay_foolish > 2014-07-20 21:44 | Report Abuse

mhchai

Amprop

Stage 2 of market cycle which is very bullish. Uptrend is still intact. Immediate support at $1.17 and strong support at $1.13. Cut loss if $1.13 is violated. Next resistance is $1.28. A break above 1.28 may further test $1.35/$1.39.
However, Price/RSI and Price/Volume may find bearish divergence since 23/05. You may want to be cautious about it.

matrixcool

1,307 posts

Posted by matrixcool > 2014-07-20 21:58 | Report Abuse

STOCK IN FOCUS ( Short Term Trade)

20/07/2014

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 those stocks are for sharing purpose only.

HEVEA—Weekly Chart—The Dark Cloud formed on 30/05 at $1.47 is still shadowing the upward movement of Hevea. But if it can stay above $1.45 the dark cloud should be cleared soon for Hevea to move higher.

Daily Chart—Breakout from Rectangle Consolidation Trading of $1.35-$1.44 which carry an estimated target of $1.53/$1.54 and beyond. On RSI chart breakout from Tripple Bottoms which is very bullish. If can stay above $1.45 it is expected to test strong resistance at $1.50/$1.54(Its previous high).Immediate support adjusts to $1.44/$1.42 and Stop Loss if $1.35 is violated.

Note: ( For those that have bought below $1.40 when I first alert you through my emails earlier, please observe those resistances mentioned above and remember to lock in profits or set your own Trailing Stop to protect your profits).

Happy Trading

rchi

20,946 posts

Posted by rchi > 2014-07-20 22:04 | Report Abuse

hello matrixcool,profitman and other ta sifus here,rchi has much to learn from you all.

matrixcool

1,307 posts

Posted by matrixcool > 2014-07-20 22:09 | Report Abuse

rchi, we are here to share and learn from each other. Do share with us if you spotted any good counter to trade.

I would also like to thank inwest88 & tsy88 to share their portfolios here with us.

Happy Trading and Good night.

angie80

14 posts

Posted by angie80 > 2014-07-20 22:23 | Report Abuse

Hi TCB, Could advise on Orna and WTK? Thanks.

inwest88

5,628 posts

Posted by inwest88 > 2014-07-20 22:45 | Report Abuse

tsy88 - these counters are just in my watch list for monitoring and I may or may not take up any positions. It all depends on the market conditions and the behavior of the respective stocks. I am glad you are doing some study and analysis to assess whether to go in or not. There may be counters (not mentioned) that may catch my attention during the trading hours and I may not have the time to post it here now that I am back to work in the daytime.

Good night.

inwest88

5,628 posts

Posted by inwest88 > 2014-07-20 22:49 | Report Abuse

rchi - matrix, profitman, stay_foolish, yoda88 and the rest of the good people are doing a great job in unselfishly guiding and helping the others. They are responding to each and every request made here.

yoda88

499 posts

Posted by yoda88 > 2014-07-20 22:51 | Report Abuse

KC18-KNM

KNM is having pullback since uptrending frm 30th June. However the daily and weekly chart indicates accumulation is still intact and its downside risk is limited as its still trading above its strong support of 20MA.Once selling pressure has lost its momentum accompany with volume its resistance are found at 1.09 and further upsides are targeted at 1.18. Key supports are situated near 1.03 and 0.965.
A stop loss if 0.965 is violated.
Happy trading.

sunlight

376 posts

Posted by sunlight > 2014-07-20 23:51 | Report Abuse

Hi tsy88,
MMSV:
It became bullish after broken above $0.235 on 20/06 with strong volume and continues to uptrend with higher high and higher low. Had some healthy correction after reaching $0.325 but broke above it and scaled higher on 16/07. It gapped up the next day and reached its TP1 - $0.35. Currently seems to have an immediate resistance at $0.355. If it breaks above it with volume, it will try to reach its TP2 of $0.405.
Failing which it may retraces into consolidation with the immediate support at $0.34 follows with $0.325 and $0.30. Stop loss at $0.29 if violated with volume.

Happy Trading.

ck

31 posts

Posted by ck > 2014-07-21 00:54 | Report Abuse

Hi TCB, Kindly please share on SYCAL. Tqvm

sunlight

376 posts

Posted by sunlight > 2014-07-21 01:02 | Report Abuse

Hi tsy88,
WZSATU:
It became bullish after broken out above its sideway consolidation at $1.52 last Friday with quite a strong volume into uncharted territory. However, at the same time, it formed an Engulfing Bull on top and also the Price/RSI has started to form bearish divergence since 04/07. We will need to monitor the next candle form on Monday to confirm whether this is the last engulfing top. If the price closes below $1.53, it may go back into its sideway movement. If it scales higher and closes above it, it will try to reach its next TP at $1.62.
If it retraces, it will find an immediate support at $1.51 follows with $1.40 and $1.36. Stop loss at $1.36 if violated with volume.

Happy Trading.

kc18

23 posts

Posted by kc18 > 2014-07-21 01:11 | Report Abuse

yoda 88

Thank you so much on your comment for KNM

tsy88

9,978 posts

Posted by tsy88 > 2014-07-21 01:43 | Report Abuse

Hi Sunlight - thanks so much for analyses on Mmsv and Wzsatu and appreciated. Will be monitoring very closely. Prefer Mmsv.

tsy88

9,978 posts

Posted by tsy88 > 2014-07-21 02:48 | Report Abuse

Matrixcool

Please do not mention. Feel honoured but am only expressing my views here.

Inwest88 the one who should be fully accredited. He has painstakingly, so unselfishly shared his stocks selection for consideration here with everybody.

In fact,I have practically gained from his stock picks,some even recording

tsy88

9,978 posts

Posted by tsy88 > 2014-07-21 02:52 | Report Abuse

huge gains,the likes of Fiamma, Eg, Mmsv,Ijacobs,Pphb.

inwest88

5,628 posts

Posted by inwest88 > 2014-07-21 07:47 | Report Abuse

Good morning TCB

tpchuayap

855 posts

Posted by tpchuayap > 2014-07-21 07:49 | Report Abuse

Good Morning to all

inwest88

5,628 posts

Posted by inwest88 > 2014-07-21 07:51 | Report Abuse

tsy88 - good morning. Sharing is definitely not an issue as the big big cake of Bursa is is enough to allow everyone to have a bite of it. However do take note that my stocks are purely for consideration and in no way is a recommendation. It's always prudent to do some work first before entering any stock.

matrixcool

1,307 posts

Posted by matrixcool > 2014-07-21 08:14 | Report Abuse

tsy88 > Jul 21

#huge gains,the likes of Fiamma, Eg, Mmsv,Ijacobs,Pphb.

I trade PPHB too, just a word of cautious it formed Engulfing Bull at top last Friday, do monitor today candle if lose below $0.925 it may have found a new temporary top.

Happy Trading

tsy88

9,978 posts

Posted by tsy88 > 2014-07-21 08:15 | Report Abuse

Inwest88 - good morning.

You need not worry at all on this point. You have time and again stressed that your picks are not recommended but purely from your observation.

Nonetheless, everyone are very impressed with your picks as can be seen from praises showered on you, me inclusive!

Have a good trading day ahead....

tsy88

9,978 posts

Posted by tsy88 > 2014-07-21 08:21 | Report Abuse

Matrixcool - good morning.

Thanks for your concern and advice given on Pphb. Just to let you know that I have cleared all of Pphb at 0.93 which I bought at 0.93. Did intra day transaction on it and saved some charges too.

inwest88

5,628 posts

Posted by inwest88 > 2014-07-21 08:29 | Report Abuse

tsy88- compliments and praises are definitely the last things in my mind and I am sure TCS feels the same. Our intentions are just to hope that everyone can make some money.

inwest88

5,628 posts

Posted by inwest88 > 2014-07-21 09:16 | Report Abuse

tsy88 - cleared the balance of Nihsin at 27 sen with good gains (bought late Friday afternoon and out 50% after 30 mins and the rest just disposed. Looking at the momentum there be still be some upside but I am contented with my gains.

inwest88

5,628 posts

Posted by inwest88 > 2014-07-21 09:17 | Report Abuse

tsy88 - Wzsatu is up. Did you manage to go in ?

profitman

2,094 posts

Posted by profitman > 2014-07-21 10:04 | Report Abuse

tsy88 - Nylex:

The TPs are 0.75, 0.80 and 0.86.

Posted by lottolearn > 2014-07-21 10:15 | Report Abuse

bro matrixcool,stay_foolish thanks for the charts reading.
bro Matrixcool i sold Hevea at $1.47, bought $1.37 after your alert.So happy.Thanks again.

sunlight

376 posts

Posted by sunlight > 2014-07-21 13:18 | Report Abuse

Hi Carlsraj55,
I have posted on Luster before to sunflower22 as below:
Posted by sunlight > Jul 11, 2014 12:29 PM
LUSTER:
Bro Lz has posted before on this stock and I will comment from there as follows:
Posted by Lz Lee Weiping > Jun 24, 2014 08:18 AM
KLSENEWBIE - LUSTER:
Currently trading in a rectangle in between the resistance level of 0.115 and support level of 0.1. The next support level is 0.085 and the next resistance levels is 0.13 and 0.14. If it's to break from 0.115 with volume it will retest it's next resistance. stop-less at 0.085.

11/07 (12.20pm):
It is still under consolidation. After it has broken the immediate support at $0.10 on 01/07, it moves in range between $0.095 and $0.105. It breaks above $0.105 with volume, the immediate resistance will be $0.11 and $0.12. It retraces further, it will find immediate support at $0.09 and $0.085. Yes, stop loss at $0.085 if violated with volume.

21/07 (1.15pm):
The scenario of Luster is still the same as above.

As for the decision to hold or cut loss, that is entirely your decision to make based on your trading plan and risk profile. We at TCB do not give any advice to buy/sell/hold any stock.

All the best and Happy Trading...

tsy88

9,978 posts

Posted by tsy88 > 2014-07-21 13:39 | Report Abuse

Inwest88 - just back and saw your posting. Will only go in at lunch break and after market close!
Firstly, congrats on your Nihsin. Handsome gains.

No, did not enter Wzsatu though was so tempted. Instead bought Mmsv at 36.5. Have not disposed yet.

Cleared Ock at 1.54 and Mflour at 1.83

Ijacobs so nice but dared not chase. Did you re-enter?

tsy88

9,978 posts

Posted by tsy88 > 2014-07-21 13:45 | Report Abuse

Profitman - thanks for indicating the TPs for Nylex. Appreciated.

tsy88

9,978 posts

Posted by tsy88 > 2014-07-21 13:52 | Report Abuse

Inwest88 -

I know that you are a very humble person from the communication that we have had thus far.

Want to key in to sell Mmsv at 40 now. Hopefully can be done.

tsy88

9,978 posts

Posted by tsy88 > 2014-07-21 13:54 | Report Abuse

Inwest88 - like Landmark and Ksl. Both posted new highs.

tsy88

9,978 posts

Posted by tsy88 > 2014-07-21 14:01 | Report Abuse

Matrixcool - just noticed error. Pphb bought at 0.90 and not 0.93 as stated.

inwest88

5,628 posts

Posted by inwest88 > 2014-07-21 15:01 | Report Abuse

tsy88 - at one point wzsatu dropped to almost the previous closing price. I thought that would be the best opportunity to go in but I didn't. Was focusing on Ijacobs then early trading and felt that the oomph is still there, so entered (just a bit) at 47.5 sen. Then I went out. About half an hour later I saw from my mobile that it was 50.5 51. I reckon there is more upside to come.

inwest88

5,628 posts

Posted by inwest88 > 2014-07-21 15:03 | Report Abuse

tsy88 - There are certain counters I do not touch, and Lamdmarks is one of them. I have some KSL in my portfolio, bought at 2.13 early in the year.

tsy88

9,978 posts

Posted by tsy88 > 2014-07-21 18:03 | Report Abuse

Inwest88 - did you clear Ijacobs? Pulled back quite a lot from high of 53. Mmsv 40 not done but closed at its high for the day. Will clear tomorrow. Pphb still strong.

Tm932 cautioned me to be very careful. Said market will come down before Hari Raya holidays.

inwest88

5,628 posts

Posted by inwest88 > 2014-07-21 18:15 | Report Abuse

tsy88 - not working today. Went out in the morning and back after lunch, thus have time to see the screen. Yes, cleared Ijacobs at 51.5 but re-entered at 49.5 again. Sold PPHB at 95 sen and also cleared Siggas at 75 sen for 1 sen loss. By the way forgot to mention (sorry about this) that i bought Ancom in the morning at 68.5 sen. Will probably sell tomorrow. Agree with tm932, thus overall I have reduced my position today.

inwest88

5,628 posts

Posted by inwest88 > 2014-07-21 18:18 | Report Abuse

also sold the rest of ewein at 62 sen after observing the selling has emerged.

tsy88

9,978 posts

Posted by tsy88 > 2014-07-21 19:25 | Report Abuse

Inwest88 - congrats on your trades today. You sold Pphb at a very good level. Ijacobs should have seen the top for the time being at 53. Have gone up for three consecutive days with huge spike in prices. I expect to see some retracement from 53. Ancom very good closing today. Did not go in. I jumped in Landmark at 1.58 and got out at 1.65. One of the rare fun quick trades transacted, the others being Bhs and Pphb. Also entered Ksl at 2.79 with intention of picking up as I read ftom internet that this is one of the most undervalued property stocks and fair value is 4.89 - 5.60. Also picked up Ipmuda but only for very short term.

tsy88

9,978 posts

Posted by tsy88 > 2014-07-21 19:29 | Report Abuse

Inwest88 - Mikromb posted new high of 34 and closed at 33.5. Seems to be trending up very nicely. Didnt know and saw only after market close.

inwest88

5,628 posts

Posted by inwest88 > 2014-07-21 19:30 | Report Abuse

tsy88 - congrats of your Landmarks fun trade. Ijacobs bought back a bit only. Got to go for dinner now.

sunlight

376 posts

Posted by sunlight > 2014-07-21 23:22 | Report Abuse

Hi angie80,
ORNA:
It became bullish after broken out above its sideway consolidation at $1.29 on 04/07 with a strong volume. However, after reaching its TP1 at $1.36 on 07/07, it could not scale higher and consolidated in a pennant on the subsequent days. A break above the pennant resistance line with volume would indicate breakout signal in potentially resuming its bullish trend. Today, it broke above the pennant resistance line and reached a high of $1.34 but could not sustain due to low volume and closed at $1.33 which is still within the pennant. So, do monitor the price movement tomorrow to look out for the potential bullish pennant breakout with volume. If the price closes above $1.33 tomorrow (staying above pennant resistance line) with volume, this will confirm the potential bullish breakout. If breaks out with volume, it should try to reach TP - $1.42.
Immediate supports are found at $1.28 and $1.18. Stop loss at $1.18 if violated with volume.

Happy Trading.

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