Posted by inwest88 > 2014-07-27 22:22 | Report Abuse

tsy88 - I can only say that the Market is very unpredictable. Just use own approach to trade intelligently but cautiously.

Have to sign off after a tiring day. Good night.

Posted by tsy88 > 2014-07-27 22:39 | Report Abuse

Inwest88 - same to you too. Have a good rest. Good night.

Posted by tsy88 > 2014-07-28 09:24 | Report Abuse

To all and especially our Muslim members,

' Gendang genduk tali kecapi
Kenyang perut senang hati
SELAMAT HARI RAYA AIDIL FITRI
Untuk kawan ku yang sejati '

Maaf zahir dan batin

Posted by profitman > 2014-07-28 13:39 | Report Abuse

We at TCB wishes all our Muslim friends "Selamat Hari Raya" and safe traveling during this festive season to all!

Posted by profitman > 2014-07-28 13:58 | Report Abuse

Bs1688 - JAKS:

Currently under consolidation with immediate support at 0.745 and strong support at 0.705. Immediate resistance = 0.825. Need to clear the dark cloud on 17/7 with a high of 0.85 in order to scale new heights. There is a price/acc.dist vol divergence on the daily chart suggesting accumulation in this stock. You may want to set a stop loss at 0.735 in case of a pullback in its price.

Posted by trustme932 > 2014-07-28 15:53 | Report Abuse

Invest88...Mexter..its 1st n 2nd stages witihin the uptrend mode had been completed n now its in the impulsive 3rd stage upleg targeting at 0.165 n 0.19.The crucial supp pt lies at 0.115 ,a supp pt of 2nd stage,n its important that it must hold within the current uptrend mode.Immediate res is at 0.145 which i think it wud be overcome on wednesday.Hence,buy on slight pullback with stoploss when u c 0.115 offered.Its current uptrend pattern(clearly shown on 3 months chart)looks more like a classic one.Good luck.

Posted by ProfitMan > 2014-07-29 00:11 | Report Abuse

tsy88 - Landmark:

Bullish but currently consolidating. Seems to have found a temporary support base around the 1.60 price. If this support does not hold it should have strong support at 1.44. So, if you are thinking of entry at the current levels, you may want to set 1.58/1.59 as your stop loss. Need to take out the immediate resistance at 1.67 with volume to scale new highs with an initial target price of 1.79.

Posted by ProfitMan > 2014-07-29 00:37 | Report Abuse

Dunknow - Uzma:

Under correction with a slightly more than a 50% retracement. The selling pressure seems to have eased off over the past 2 trading sessions. On the daily chart, there were signs of accumulation in this stock as reflected by the price/acc.dist vol divergence. Has found support at 3.71 with strong support further back at 3.66. Need to break the gap resistance at 3.90 with volume in order to have a valid price reversal.

Posted by tsy88 > 2014-07-29 06:33 | Report Abuse

Profitman - good morning.

Thanks for reading on Landmarks and advice. Really appreciate. I think 1.62 should be good entry level with minimal risk but offers huge upide,thus risk reward ratio seems to be favourable. Will monitor and most probably enter on Wednesday.

Posted by inwest88 > 2014-07-29 09:02 | Report Abuse

Good morning TCB, tsy88 and tm932.

Posted by inwest88 > 2014-07-29 09:04 | Report Abuse

trustme932 - thanks on Mexter. I am having some at 12.5 as told by a friend to buy. Dare not go in more because of its financials are not that good. Will look forward to take profits.

Posted by ProfitMan > 2014-07-29 09:42 | Report Abuse

Tsy88/Inwest88 - good morning.

Tsy88 - Landmark at 1.62 does present a minimal risk entry point. Please remember to set your stop loss as contingency for any price pullback. Good luck on it.

Posted by tsy88 > 2014-07-29 10:39 | Report Abuse

Inwest88 - good morning. Just came back and saw your posting. Hope you have a wonderful holiday. Looking forward to trading tomorrow.

Posted by tsy88 > 2014-07-29 10:41 | Report Abuse

Profitman - thanks for your reminder. Will set my stop loss if 1.60 does not hold, at 1.59.

Posted by tsy88 > 2014-07-29 10:45 | Report Abuse

LzLee Weiping - thanks for analysis on Systech. Noted and most appeciated.

Posted by Lz Lee Weiping > 2014-07-29 11:47 | Report Abuse

steffie - KGB:
It's now at stage 3 of cycle. It has a support level of 0.395 and 0.386. An immediate resistance level of 0.425 and a resistance level of 0.435. If resistance level of 0.425 is broken, it shall retest 0.435 and the next resistance of 0.443. Stop-loss at 0.38.


tsy88 - SYSTECH
Has a resistance level of 0.145 and 0.165. Support level of 0.120 and 0.105. In my opinion, yes it's in stage 2 of cycle, so it's bullish right now. It's now re-test it's resistance level of 0.145 and if 0.145 is broken, it will go to re-test resistance level of 0.165. Stop-loss at 0.1


ayamtua - ZELAN
Has a resistance level of 0.33/0.335 and 0.345. Support level of 0.305 and 0.29. It formed a double bottom with a low of 0.17 and a peak of 0.325. It needs to close above 0.325 to confirm it's bullish-ness. It's expected to re-test it's resistance level of 0.33/0.335 and 0.345. TP of 0.44 and 0.48. Stop-loss of 0.24.

Happy Trading all~~

Posted by stay_foolish > 2014-07-29 12:04 | Report Abuse

Rocas/ Ayamtua

Ifcamsc

Weekly Chart- Stage 2 of the cycle which is very bullish. Breakout from Rounding Bottom at $0.165 and carry toward to its immediate target $0.26 and beyond

Daily Chart- It is expected to break $0.24 and further test $0.26 /$0.30. Any weakness due to overbought or profit taking may find immediate support at $0.205 and strong support at $0.19. Short Term Trader may want to set the stop loss level at $0.185 and Medium Term Trader may want to set the stop loss level at $0.16. Rmb to set Trailing Stop Loss to ride on the Profit.

Happy Trading !

Posted by AyamTua > 2014-07-29 14:18 | Report Abuse

taiko stay_foolish: God bless you and thanks for meter reading !!! kikkkkikiik

Posted by stay_foolish > 2014-07-29 14:54 | Report Abuse

steffie

Tnlogis

Weekly Chart- Stage 3 of the Market Cycle- Distribution which the price can be volatile. Rectangle Trading between 1.26 and 1.5. Need to break above 1.5 to enter Stage 2 of market cycle which is bullish.

Daily Chart- Descending Triangle is formed and breakout point is at $1.355/$1.36 which indicate Price Reversal. Momentum is picking up and it may test $1.4/$1.5 soon. Need to break above $1.5 to Trend Reversal. Any weakness due to profit taking may find $1.26 as immediate support and strong support at $1.01.

Posted by stay_foolish > 2014-07-29 14:59 | Report Abuse

Dlyc

So sorry for the late reply. Was away for Raya Holidays.

Keladi

Weekly Chart- Stage 2 of the market cycle which is very bullish. Breakout from Rectangle Trading of $0.305 and $0.39 which carry an estimated target of $0.475 and beyond.

Daily Chart- Any weakness due to profit taking or overbought should find immediate support at $0.39 and strong support at $0.37. Need to stay above $0.39 to maintain bullish trend. If can stay above $0.39, it is expected to test resistance at $0.435 and it immediate target $0.475.

Happy Trading

Posted by kkanagasg > 2014-07-29 15:03 | Report Abuse

Yes

Posted by ProfitMan > 2014-07-29 15:14 | Report Abuse

steffie - Parkson:

Still trading in its downtrend channel. Has broken through its resistance at 2.66 and is currently encountering resistance at 2.81. Immediate support is at 2.58. Further supports are located at 2.51 and 2.45. It needs to break out from 2.83 with volume to have any meaningful attempt to scale higher. Otherwise, it will continue to trade within its channel.

Posted by yoda88 > 2014-07-29 16:54 | Report Abuse

Steffie-Symlife
Symlife is having a pullback since uptrending frm the 17th July.The uptrend momentum is still intact with a resistance of 1.19 and 1.22.It needs strong volume and momentum to break 1.13 to be in the bullish region. However due to profit taking at a overbought situation it might trade sideways and immediate supports can be found at 1.10 and 1.08. A stop loss should be considered if 1.07 is violated.
Happy trading.

Posted by yoda88 > 2014-07-29 17:12 | Report Abuse

tsy88-Ireka
In tandem with the positive view on constructon ctrs, Ireka's share prices also show signs of resuming its long-term uptrend, substantiated by bullish 10-20 sma cross. Despite volume divergence,accumulation can be noticed. With a T4 on Wednesday,keep an eye on volume and price movement. Resistance can be found at 0.63 and 0.64.Breaching below the support near 0.615 will drive share prices lower towards 0.61. A stop loss below 0.60 if triggered.
Happy trading.

Posted by yoda88 > 2014-07-29 17:24 | Report Abuse

lottolearn-Skpetro
Skpetro is in its downtrend region. Has broken its lower band and the 100 and 200 MA's. Any strong reversal must accompany with volume to bring Skpetro to test the resistance of 4.35 and 4.44.Immediate supports are at 4.30 and 4.21 and further support is located at 3.99. Happy trading.

Posted by matrixcool > 2014-07-29 19:27 | Report Abuse

Bs1688,

MUDA— I sold this counter when it could not break above $2.20 earlier.

Weekly Chart—Very bullish and is on stage 2 of the cycle. Break out from $2.20 last week and into uncharted territory and carry an estimated target of $2.65 with strong resistance at $2.50.The Price an RSI start to show some bearish divergence so would advise to trade with a trailing stop just in case there is big pull back.
Daily Chart—Stage 2 of the cycle and very bullish. It hits a new high of $2.47 before forming a Gravestone Doji at top follow by a long legged doji last week. It shows lots of indecision, the upward momentum starts to slow down. It is most likely to consolidate towards immediate support of $2.30 and very strong support at $2.20. A break above $2.47 will take it to $2.50/$2.55 level. For stage 2 trading we strongly advise you to set a trailing stop to protect your profits.

Happy Trading

Posted by tsy88 > 2014-07-29 21:34 | Report Abuse

Yoda88 - thank you for your analysis on Ireka. Noted and appreciated. On low end and a laggard. Attractive leve and nay consider taking up position.

Posted by rocas > 2014-07-29 22:29 | Report Abuse

Many thanks stay_foolish. Wish u all the best!

Posted by Lz Lee Weiping > 2014-07-29 23:57 | Report Abuse

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. Do calculate your own risk/Rewards ratio if you decided to trade this counter.

29/07/2014
STOCK IN FOCUS ( Short Term Trade) - K1:

#Weekly Chart - Trading in an uptrend channel of 0.34 to 0.46. Now on the upper end of the channel trading from 0.40 to 0.46, a break above 0.46 with volume will take it to its immediate target of 0.50/0.52 and beyond.

#Daily Chart - Forms an Ascending triangle with the reaction high of 0.445 and a low of 0.33. The apex of the triangle situated on 08.09.2014. Last week it broke above the triangle but failed to close above 0.445 due to heavy profit taking. It's expected to re-test its reaction high of 0.445 and a break above will take it to its immediate resistance of 0.445/0.47 and an estimated TP of 0.50 and 0.54. Any weakness should find immediate support at 0.425/0.42 For short-tern trader, stop-loss if 0.39/0.40 is violated and for mid-term trader, stop-loss if 0.34 is violated.

Regards

Posted by tsy88 > 2014-07-30 00:16 | Report Abuse

Dear Tcb - apreciate your analysis on Euro. Lately registering higher lows and higher highs after Bone's recommendation. Can still enter at current level or is it overbought presently. Kindly advise.

Posted by tsy88 > 2014-07-30 07:22 | Report Abuse

Inwest88 - good morning. Dow down 70 so expect opening prices to be slighty off.

After such a long break, its now back to the trading floor! Intend to buy Dolomite. Weida posted new high but dare not chase. Mflour too shot past 2.00. Already disposed earlier with minimal gain only.

Have a profitable day...

Posted by inwest88 > 2014-07-30 07:49 | Report Abuse

tsy88 - good morning. Notice you are eyeing quite a number of stocks. Just trade with caution. Probably I will refrain from taking on new positions (as I am rather conservative) although Furnweb, Johortin and Evergreen are in my watch list. Going for marketing and breakfast with wife, Will be back to catch the first 20 minutes of trading before shooting off to office. You have a pleasant day too !

Posted by courage > 2014-07-30 09:09 | Report Abuse

thanks profitman for the TA for Sona-WA and THHeavy-WA. Have a good day.

Posted by lottolearn > 2014-07-30 09:49 | Report Abuse

yoda88, thanks this morning it moves a bit but still below my purchase price.
Lz Lee Weiping, thanks for K1, i bought in earlier.
Thanks TCB

Posted by kc18 > 2014-07-30 12:17 | Report Abuse

Dear TCB

Can anyone comment on today seacera trading.
Thnks

Posted by matrixcool > 2014-07-30 13:37 | Report Abuse

#Posted by kc18

Dear TCB

Can anyone comment on today seacera trading. #

SEACERA—Weekly Chart-formed an Engulfing Bear which implies bearish sentiment in midterm unless the bear height of $1.18 can be taken off.
Daily Chart—after hitting high of $1.24 on 09/07 It is under healthy consolidation with reduce volume. The recent breakdown below $1.07 was a concern and the new base of $1.04 is yet to be confirmed. Today it stage a technical rebound due to oversold position, any further rebound should meet immediate resistance at $1.12 and strong resistance at $1.15. It will stage a trend reversal if breakout from $1.15 and overcome the engulfing bear as mentioned in the weekly chart.

Happy Trading

Posted by kc18 > 2014-07-30 14:32 | Report Abuse

matrix
thank you for your comment.

regards

Posted by zx08 > 2014-07-30 16:04 | Report Abuse

hi TCB, can have a look on GUOCO. this blogger write it quite well http://klgemseeker.blogspot.com/ thanks

Posted by tsy88 > 2014-07-30 19:29 | Report Abuse

Inwest88 - bought Dolomite at 47. Intend to pick up for short term. Can see support at 45.5 holding up very well. Furnweb also new high. Congrats on Guoco. Skyrocketting! Also entered IWCity at 1.62 towards closing.

Posted by inwest88 > 2014-07-30 19:59 | Report Abuse

tsy88 - didn't expect Guoco to shoot but delighted that it did though I only have some. Mulpha also brought some joy. When I left for work the market was rather quiet. So I asked my wife to monitor and she got Furnweb at 72.5 sen. Didn't go into Johor Tin and Evergreen.

Posted by tsy88 > 2014-07-30 21:13 | Report Abuse

Inwest88 - good that you entered Furnweb at 72.5. Closing at 76 highest is very encouraging sign. Just to inform you that my friend informed me that Furnweb takeover target at 90. Am not sure how far this is true.

Posted by siena > 2014-07-30 21:40 | Report Abuse

hello tcb...hope all of you had good break last few days.
can help to check on bertam. many thanks in advance again!

Posted by stay_foolish > 2014-07-30 21:42 | Report Abuse

AyamTua

Novamsc

Stage 2 of Market Cycle which is Bullish. Breakout from Rounding Bottom at $0.11 and heading to its immediate target of $0.175/$0.2.
On 30/7, a Doji formed after an upward move which indicate indecision of the investor. But need to wait next candle for confirmation whether the price will further consolidate / downward. Support 1 is 0.125 and support 2 is $0.110. A break below $0.110 may enter back to Rectangle Trading.

Posted by stay_foolish > 2014-07-30 21:45 | Report Abuse

Dunknow

Deleum

Weekly Chart- Stage 2 of Market Cycle which is bullish. The Upward Trend is still intact. In Medium Term, it is expect to consolidate between $2.02 and $2.55.

Daily Chart- In short term, it is expect to consolidate in range of $2.32 and $ 2.47. A break below $2.32 may find $2.16 as strong support.
A break above $2.47 may test resistance 1 at $2.55/2.7

Posted by nana88 > 2014-07-30 21:58 | Report Abuse

Dear TCB, could you please look into Mitra? TIA.

Posted by sunlight > 2014-07-30 22:03 | Report Abuse

Hi zx08,
GUOCO:
Based on TA, the stock is very bullish and is on stage 2 of the cycle. Broke out from $1.29 on 23/07 and also broke its previous all-time high of $1.64 today with very strong volume and closed at $1.85 (new high in uncharted territory). The upwards momentum still seems good and it should try to break its immediate resistance at $1.90 before scaling higher to reach its estimated TP at $2.12 and beyond.
If it fails to break above $1.90, it may likely to consolidate towards immediate support at $1.49 and very strong support at $1.42. For stage 2 trading, we strongly advise you to set a trailing stop to protect your profits.

Happy Trading.

Posted by inwest88 > 2014-07-30 22:21 | Report Abuse

tsy88 - as you know, I picked Furnweb is as a result of my observation of its price / volume trend and not so much on other news. Of course if the news is true so much the better. Most property counters were up today. Probably I will clear Furnweb tomorrow to lock in profits. Watching Complete, YTL land and PW. Good night

Posted by pathew > 2014-07-30 22:34 | Report Abuse

Dear TCB, how do you all see AHB? Zelan expected to move more too

Posted by pathew > 2014-07-30 22:35 | Report Abuse

Inwest88, you should have a what's app group! I'd definitely join you... Lol

Posted by tjhldg > 2014-07-30 22:42 | Report Abuse

hi profitman / matrix / inwest ... how u guy see triplc ? thanks