Posted by tsy88 > 2014-08-06 19:49 | Report Abuse

Inwest88- which wa are you referring to ?

Posted by tsy88 > 2014-08-06 19:49 | Report Abuse

Inwest88- which wa are you referring to ?

Posted by inwest88 > 2014-08-06 19:49 | Report Abuse

Tsy88 - oops sorry typo error. KGB WA

Posted by tsy88 > 2014-08-06 20:00 | Report Abuse

Inwest88 - thanks. Will look into it.

Posted by NewMan > 2014-08-06 20:04 | Report Abuse

inwest88. long time no see how are you make a lot of can beer ar

Posted by inwest88 > 2014-08-06 20:08 | Report Abuse

Newman - haha. Just earning some beer and whisky money. Nothing as compared to tour lorries of purple notes. Back from holiday ?

Posted by NewMan > 2014-08-06 20:25 | Report Abuse

back last week. now for showdown in regain forum. haha

Posted by inwest88 > 2014-08-06 20:49 | Report Abuse

Newman - take it easy. Just ignore the noises.

Posted by sunlight > 2014-08-06 21:24 | Report Abuse

Hi sunflower22,
GUH:
Weekly chart (mid term) – brokeout above $1.44 implies bullish trend but the volume is low (below 30w MA) and also there are bearish divergence shown in both Price/Acc.Dist volume and Price/RSI indicator.
Daily chart (short term) – brokeout above Cup and Handle pattern yesterday with strong volume indicate bullishness to move towards TP of $1.60 before re-testing previous high of $1.64. Today it has closed lower at $1.47 due to profit taking but the uptrend is still intact. The immediate resistance is at $1.50 and $1.56. Any further weakness will find strong support at $1.43 and $1.39 respectively. Stop loss if $1.35 is violated.

Happy Trading.

Posted by Dunknow > 2014-08-06 21:43 | Report Abuse

Dear Mr TCB...good day to you...can you please advise me on IFCAMSC & Sumatec? Is it a buy call now? Do you have any recommended stock? Thanks again for everything

Posted by ctw101 > 2014-08-06 21:46 | Report Abuse

Hi TBC. May I know how to read the trailing stop for SMRT? Can consider to collect now since SMRT has break the previous high ?thanks

Posted by matrixcool > 2014-08-06 23:27 | Report Abuse

farue,

MINHO—I used to trade this counter win and lose once.
Stage 3 of the cycle and form Descending Triangle which has bearish implication. A break below its reaction line of $1.00 spell trouble as the next strong support is at $0.935.Lately we has been trading sideways from $1.00 to $1.04,a break above $1.04 should meet very strong resistance at $1.08.Until this resistance of $1.08 is taken out with volume do not foresee any immediate upward movement.

Happy Trading

Posted by sunflower22 > 2014-08-06 23:37 | Report Abuse

Sunlight, thanks a lot for your analysis. Good night.

Posted by Lz Lee Weiping > 2014-08-06 23:48 | Report Abuse

godspeed - UZMA

Gap down on 21/07/2014, and the gap haven't fully closed yet until now. It's now trading sideways in between 3.80 and 3.71. Resistance level of 3.80 and 3.90. Support level of 3.71 and 3.65. The indicator, Accumulation/Distribution have a bullish divergence suggesting that there're accumulation taking place. Stop-loss at 3.60.


Happy trading~

Posted by horriefic > 2014-08-06 23:52 | Report Abuse

inwest88,

Thanks for the reply. I appreciate it. I discovered that M2U, which I use, has quite decent technical charting tools, so will use thay for a start.

Posted by stay_foolish > 2014-08-07 00:34 | Report Abuse

林俊松

TA

Weekly Chart- Stage 2 of the cycle which is very bullish. Formed Shooting Star on 25/07 and it's now under correction mode. Any weakness due to profit taking or overbought situation should find immediate support at $0.95 and stronger support at $0.87.

Daily Chart- May further test Support 1 at $0.97 and Support 2 at $0.95. A break below $0.87 may Trend Reversal to Stage 3. If managed to hold at $0.95, it may retest $1.02/ $1.07

Posted by stay_foolish > 2014-08-07 00:35 | Report Abuse

Raysim88

Picorp

Weekly Chart- Stage 2 of the Market Cycle which is Bullish. It breakout from Rounding Bottom on 28/03 and reaching its Immediate Target at $0.32. A Spinning Top formed on 23/05 which indicate Price Reversal. May find new base at $0.25.

Daily Chart- After hitting high of $0.32 on 19/05, it is now under healthy consolidation with reduce volume. May find new base at $0.25. Any further rebound should meet resistance at $0.275 and stronger resistance at $0.295

Posted by profitman > 2014-08-07 01:28 | Report Abuse

russtieluv - Barakah:

I take it that you are enquiring on the stop loss for Barakah. I do not know your entry price and your risk profile, but I would set it at 1.52, 1 tick below its current support base at 1.53.



Posted by russtieluv > Aug 6, 2014 03:21 AM | Report Abuse

Dear TCB!what the stock loss for Barakah petroleum?thanks.

Posted by profitman > 2014-08-07 01:48 | Report Abuse

tsy88 - KSL:

Bullish. Immediate support (S) = 3.15 ; S2 = 2.98. TP1 = 3.34 ; TP2 = 3.51.

KSL-Wa:

S1 = 1.64 ; S2 = 1.47. TP1 = 1.81 ; TP2 = 1.89

Note: as you are aware, the warrant's movement will track its mother's share.

Posted by tsy88 > 2014-08-07 01:53 | Report Abuse

Profitman - thanks for indication of support and Tp for Ksl and Wa. Most appreciated. Yeah, am aware. Good night.

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

Inwest88- thanks. Appreciate it.

horriefic - welcome. Yes, as you already know, M2U has a charting tool in it. Or you may want to download the free version of Chartnexus which quite a lot of traders use. It is more versatile than the M2U platform. Of course, there are also charting softwares like Metastock and J stock that you can buy and subscribe to for a fee.


_________________________________________
Posted by inwest88 > Aug 6, 2014 06:31 PM | Report Abuse

horriefic - you came into the right thread but asked the wrong person. I do not know or use TA but just my years of experience in picking stocks, which may not be agreeable with others.

Nevertheless I am sure ptofitman and the others here will be of assistance.

profitman - over to you. Thanks.

Posted by inwest88 > 2014-08-07 07:45 | Report Abuse

Good morning profitman and all TCB stakeholders.

Posted by tsy88 > 2014-08-07 07:56 | Report Abuse

Inwest88 - good morning. Expect our market will be good today . Have a profitable trading day.

Posted by inwest88 > 2014-08-07 07:58 | Report Abuse

tsy88 - good morning. Hopefully ! watching Pansar and Sntoria

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

Inwest88 - noted and thanks. Like these two stocks.

Posted by profitman > 2014-08-07 08:53 | Report Abuse

Inwest88 - good morning.

Posted by inwest88 > 2014-08-07 09:05 | Report Abuse

tsy88 - sold half KGB WA at 29 sen.

Posted by matrixcool > 2014-08-07 10:57 | Report Abuse

Ctw101,

SMRT—Stage 2 of the cycle and very bullish, it keeps setting new high and you have asked a very valid question. In TCB we encourage traders to set Trailing Stop when you are on big winner.
For SMRT, It is heading towards its next target of $0.95/$1.00.But of course target is only a guide.Of course the Trailing Stop is up to individual willing to give back how many percent in case there is a big pull back. This is how I will set my Trailing Stop for SMRT, I will lock in profits at $0.77. The reason being this is the 2 bids below its support point for its uptrend line, a violation of this level may invite some heavy selling.
Of course you can also set the trailing Stop say below immediate support of $0.88.

Hope this helps.

Happy Trading

Posted by Bs1688 > 2014-08-07 15:49 | Report Abuse

Dear TCB , red is for sell, green for buy and another purple ? Tq

Posted by ctw101 > 2014-08-07 16:42 | Report Abuse

tks Matrixcool.

Posted by cherry tomato > 2014-08-07 17:23 | Report Abuse

Dear TCB, please advice on Hexza.
TQ

Posted by inwest88 > 2014-08-07 17:48 | Report Abuse

tsy88 - bought Pansar early in the morning at 55 sen but seeing that it lacked momentum cut at 54 sen for 1 sen loss. Looking to sell Ewein tomorrow. Went Nihsin at 27 sen and also Ijacobs at 62.5 sen. Going for dinner with some ex-colleagues.

Posted by davidlaw81 > 2014-08-07 17:49 | Report Abuse

any stock recommendation?

Posted by Lz Lee Weiping > 2014-08-07 19:05 | Report Abuse

winwinborn - MARCO
It has breakout from rounding bottom, with a low of 0.15 and a high of 0.18. Support level at 0.18 and 0.17. Resistance level at 0.19 and 0.20. It must maintain its position above 0.18 for it to re-test it's resistance level of 0.19 and 0.20. TP at 0.20 and 0.22. Stop-loss at 0.15.


rocas - ETITECH
Breakout from consolidation on 05/08/2014. Now it has support level of 0.075 and 0.065. Resistance level of 0.095 and 1.00. It needs to main break and remain above 0.090 to confirm it's bullish-ness. Stop loss at 0.060.

Happy trading~

Posted by indigo > 2014-08-07 19:08 | Report Abuse

Dear TCB,

please kindly advise on skpres. is it a convincing signal of next uptrend since it has rebounded on last retracement at 23.6%?

Posted by farue > 2014-08-07 19:11 | Report Abuse

Bro Mat,

Tq for the analysis. Will continue to monitor Minho as its fundamental is ok.

Posted by tsy88 > 2014-08-07 20:32 | Report Abuse

Inwest88 - congrats on Kgb wa, Ijacobs and Nihsin. Loss on Pansar easily compensated by gains in others. Ewein coming back very strongly. Congrats! Dolomite seems to be going downhill.. ! I bought at 42 to average. Got to ask Tcb to analyse.

Have a nice dinner.

Posted by tsy88 > 2014-08-07 20:40 | Report Abuse

Inwest88 - ijacobs in despite getting Uma from Bursa yesterday is holding up very well. I like Wzsteel but dare not chase!

Posted by tsy88 > 2014-08-07 20:58 | Report Abuse

Dear TCB - can somebody please take a look at Dolomite again? Since Bones' recommendation and gapping up next day, has been heading south. Gap has been filled and still posting new lows. I bought at 47 and again at 42 today to average but looks so frail.

Need your advice badly and maybe some adverse news that is sending it the other direction. How low can it go?

Posted by yongyou > 2014-08-07 21:30 | Report Abuse

Dear TCB, what is your view on BPLANT?

Posted by Dunknow > 2014-08-07 21:41 | Report Abuse

Hi TCB san...I enter KBG at 0.475...may I know your opinion in this? Shld I cut lose or keep?

Posted by sunlight > 2014-08-07 21:50 | Report Abuse

Hi Dunknow,
SUMATEC:
Lz has posted on this stock before and I will update as follows:
Posted by Lz Lee Weiping > Aug 4, 2014 11:09 PM
limayseng - SUMATEC
It's Stage 2 of cycle, bullish. Rise about 94.3% (+0.245) within 7 weeks, which is from 0.26 during mid of July until today with a high of 0.505. Now it's heading to re-test it's next resistance level of 0.52/0.525, and the high of 0.565, volume is healthy at the moment. Any weakness should find 0.465 and 0.44 as a support level. Trailing-stop/Stop-loss at 0.43. TP at 0.58 and 0.65.
As for you question for "Is it still safe to enter at this 50c level ?" that would depend on your calculation on risk/reward ratio.

Update (07/08):
Since hitting high of $0.505 on 04/08, it retraced to $0.47 but scaled back up and closed at $0.50 today. It could not break the $0.505 due to lack of volume but the uptrend is still intact. However, do take note that though it gapped up and closed at a new high price today, a doji candle is formed. If the price tomorrow closed lower, a potential evening doji star could be formed which has bearish implication. Hence, do monitor tomorrow pricing to see any further downside for bearish confirmation. Besides that, there are bearish divergence shown in both Price/Acc.Dist volume and Price/RSI indicator.

Sorry, we here in TCB do not recommend any buy/sell/hold of any stocks.

Happy Trading.

Posted by Dunknow > 2014-08-07 22:17 | Report Abuse

Thanks a lot Sunlight:-D. ..how bout the analysis for KGB? Thanks again...sorry for many questions. ..

Posted by sunlight > 2014-08-07 22:31 | Report Abuse

Hi ctw101,
HOVID:
Posted by yoda88 > Aug 3, 2014 07:51 PM
danke-Hovid
Hovid is having a pullback with an overbought situation since the stk starts its uptrend frm the 7th July. Declining in volume with uncertanity of mrkt might test the supports of 0.44 and 0.435 with a strong support at 0.425 level. Watch for volume and mrkt condition if you going for bottom fishing. Resistance can be found at 0.455, 0.47 and 0.48. Breaching below the critical support near 20MA will drive share prices lower towards 0.425. Cut loss if 0.425 is triggered.

Update (07/08):
The stock has retraced to a low of $0.42 and seems to find a temporary support there. Today’s white candle is formed but with low volume. Further price movement needs to be monitored to see if it will further pull back/consolidated or start reversing. Immediate resistance now is at $0.44 (support turn resistance) and $0.47 respectively. Further pull back will find support at $0.415 and $0.405.

Happy Trading.

Posted by lottolearn > 2014-08-07 22:46 | Report Abuse

Thanks Lz Lee Weiping on SKPETRO, i think i bought high.
Thanks TCB

Posted by sunlight > 2014-08-07 23:14 | Report Abuse

Hi Dunknow, you are welcome.
KGB:
Posted by yoda88 > Aug 5, 2014 11:53 PM
Siong-KGB
In positive view on ACE market, KGB share prices also show signs of resuming its long-term uptrend, substantiated with healthy volume today and as one of the top volume gainer its trading at a bullish region. Coupled with positive reading from all oscillators, suggest that share prices are expected to move higher towards 0.46, 0.47 and 0.49.Breaching below the critical support near 0.41 level it will drive share prices lower towards 0.395.
A stop loss below once 0.39 is triggered.
Happy trading. ( posted yesterday - 04/08)

KGB had a bullish gap up on the 4th Aug and today it try to breach the 0.46 level in the morning but due to profit taking it had a pullback. Supports can be found at 0.44 and 0.43.Watch for volume and price movement if you have not sold your position as it tested its strong resistance of 0.46.

******
Update (07/08):
This stock uptrend is still intact. Today price movement is what we call a bull’s trap - gone up high breaking resistance but retraces due to heavy profit taking. It is well supported at $0.46 (previous resistance turn support) but the candle formed today is an Inverted Black Hammer, which at top will have bearish implication. It will need confirmation with next day trading price. The immediate resistance is at $0.475 before re-testing $0.495. Any further weakness due to profit taking will find support at $0.44 and $0.43. Do take note that there are bearish divergence shown in both Price/Acc.Dist volume and Price/RSI indicator since the gap up on 04/08. Depending on your risk profile, set stop loss at $0.43 if violated.

Hope you will have profitable trading. All the best.

Posted by profitman > 2014-08-07 23:21 | Report Abuse

Dunknow - IFCAMSC:

Update:
As expected, it is still under consolidation with selling pressure further subsiding. Need to take out the 0.27 resistance to resume its upward momentum.


Aug 5, 2014 10:17 AM
AyamTua - IFCAMSC:

Seems to have found strong support at 0.22 at the moment. It is now testing the 0.27 immediate resistance. The selling pressure seems to have eased off but you can expect some consolidation, which I feel is healthy, before it trends up again.


Aug 4, 2014 12:56 AM
kc18 - IFCAMSC:

On a weekly chart, it formed a shooting star which indicates it could be in for a bearish phase in the medium term. On the daily chart, there was a sell down on high volume over the past 2 trading sessions. It broke its immediate support at 0.24 on 1/8 and has found temporary support at 0.23. As the volume is still high, it may not be out of the woods yet. We do not give advise on what is a good entry point. The decision is only yours to make. You may want to continue monitoring for the selling pressure to ease off before taking position. If you decide to take position at 0.23, you may want to exit if 0.205 is broken through.

Posted by stay_foolish > 2014-08-07 23:27 | Report Abuse

ctw101

L&G

Weekly Chart- Stage 2 of Market Cycle which is bullish. Just breakout from Bullish Pennants and reaching its immediate target at 0.71. After hitting new high at $0.70, it formed Spinning Top which may indicate Price Reversal. Any weakness due to profit taking or overbought may find $0.625 as Immediate Support.

Daily Chart- After hitting new high at $0.7 on 04/08, it is now under healthy consolidation with reduced volume. A new base at $0.655 is yet to confirm. Any weakness due to more profit taking may find strong support at $0.625/$0.635. If $0.655 managed to hold. it will further retest $0.685/$0.70 and enter uncharted territory.

Happy Trading

Posted by profitman > 2014-08-07 23:33 | Report Abuse

BS1688 - in mbb, purple refers to unknown transaction that doesn't match either the best buy or sell price. I hope I am reading your question correctly.


Posted by Bs1688 > Aug 7, 2014 03:49 PM | Report Abuse

Dear TCB , red is for sell, green for buy and another purple ? Tq

Posted by profitman > 2014-08-07 23:35 | Report Abuse

davidlaw81 - welcome. Sorry we do not recommend stocks here except share TA readings. Thanks.