"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 .
Pathew - my watch list is based at solely on observation and is shown here for transparency and for all to see, :consider and make his / her own decision. Thus there is no need for a what's app group. Hope you understand.
For Bones recommendations, you go to i3ivestor. There are a number of sections. The 2nd section is Market Blogs. You go in there and search for Bones postings. Normally you can see either at the top or bottom. He usually posts very late either after 12 or after 2am.
tsy88 - good morning. I was watching IWCity too but it used to go up 1 or 2 days, stayed and dropped back before moving thus not so much for contra. However its due to list its Iskandar Water Front which will is expected to produce strong earnings growth.
Pw and Complete both set new highs yesterday but not Ytl Dev which is a laggard among property stocks,so reckon more upside for it. Have played Pw recently and profited from it. Like Complete though did not touch this counter before.
Bought IWCITY as it also recorded new high. Hoping for it to fly like Guoco, ha ha,as property counters now so hot!
Tm932, a very good morning to you. Noted with thanks on tekseng. Was in this counter 2 months ago if you may remember. Held for about 2 weeks but without gains. Happy trading Bro.
It has found a new high of 0.55, and currently trading with resistance level of 0.495/0.50 and 0.55, support level of 0.455 and 0.43. It's currently re-testing it's support level of 0.455, If it breaks the support level of 0.455 it will close the gap that is formed and re-test it's support level of 0.43. Stop-loss at 0.42.
AHB Weekly Chart—Very bullish trading above its uptrend line. It is still under consolidation and expect to trade from $0.235 to $0.28. A break above $0.28 will take it into uncharted territory and estimated target of $0.35. Daily Chart—After hitting high of $0.29 on it consolidated sideways rectangle trading from $0.21 to $0.28. For rectangle trading traders will buy as near to support of $0.21 as possibly can and will sell when it is close to $0.28.The mid -point of $0.245 serve as guide whether it is trading on the upper end or lower end. The first weakness if $0.245 is violated as it is most likely to trade towards $0.235(weekly uptrend line)and if break will go back to $0.21 level.At the moment it is trading on the upper end and If break above $0.28 with volume signal breakout and carry an estimated target of $0.35. Stop Loss if $0.20 is violated.
tjhldg - nice to see you here and thanks for dropping by, tj.
triplc: it looks bullish on wave 3. It has taken out the resistance at 1.52 and is poised to scale higher. However, in view of the high volume on 25 and 30/7, I would expect some profit taking activities before it moves up again. The next tp is at 1.66. Thanks for highlighting this stock. Hope you make good money on this.
It is still in the correction phase and it has found a bottom at 1.45 which represents a strong support should there be a pullback in its price. Currently trading in a symmetrical triangle and it needs to break out with volume and stay above 1.54 for any meaningful price reversal. Resistance levels are at 1.58 and it needs to close the gap resistance at 1.63/1.68 to scale higher. Immediate support is at 1.49. On the daily chart, some accumulation taking place in the stock.
siena-Bertam Noticeably, reading from hourly oscillators shows that share price is likely to range trade at this juncture.Since both hourly and daily charts concur, further upsides are targeted at 1.17 and 1.19, with long term target price of 1.26. Immediate supports are 1.13 and 1.06. Stop loss at 0.988. Happy trading.
Tm932 - just back. Did not enter Tek Seng as it gapped up too much for my liking. Thus, no opportunity to trade on this counter. IWCity slipped to intra day low of 1.53 before recovering slightly to close at 1.56.
Hi nana88, MITRA: I have posted on Mitra before to novice8 on 23/07/14 as follows: 23/07: Trading sideways on consolidation mode. Currently, it is in range movement with a support line at $0.865 and a resistance line at $0.895. If it scales higher, it needs to break above $0.905 resistance with volume to move into potential bullish mode. From there, it will try to re-test the previous high at $0.935. If it fails to break above $0.895/$0.905, it will go back to its range movement. The immediate support is at $0.865 follow by a strong support at $0.825. Stop loss at $0.825 if violated with volume.
Currently, as per 31/07, the status remains the same as above – still sideways trading on consolidation mode.
Mr TCB...I bought MK Land at rm 0.540...still at lost today...may I know this share potential? Will it have any chance to revisit her glory of rm 1.2? Opinio plz...thanks again, Mr TCB...
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 .