Posted by tsy88 > 2014-08-21 21:12 | Report Abuse

Inwest88 - both Pdz and Sumatec staged a very strong comeback today and closed at their highs. Should continue to move up again tomorrow. Also find Zelan nice.

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

Matrixcool - feel like Smrt's consolidation is not over yet. Wanted to enter today but noticed it is still encountering some selling pressure and so did not buy. Will monitor closely again tomorrow. My opinion only.

Posted by inwest88 > 2014-08-21 21:22 | Report Abuse

tsy88 - as I mentioned before I do not touch counters like Gkent / Johan and the Berjaya group. Yes. PDZ and Sumatec staged a rebound but I reckon the selling has not stopped especially the former. I would prefer to go for Ijacobs and Nihsin - solely based on my observation. Emico and Dataprep are both losing money - only okay for quick trades.

AAX Cl looks tempting at this level.

Posted by sunshine96 > 2014-08-21 21:26 | Report Abuse

Inwest88, thank you. I have a lot to learn from you. Indeed selling is the hardest part. Sometimes a winning stock becomes a losing stock out of greed.
R177, we are blessed to have Matrixcool, emails us even with his tight schedule. And TCB, a house full of saint and angels, pen a loving question and you'll get the stock analysis done.

Posted by inwest88 > 2014-08-21 21:30 | Report Abuse

Dunknow - you couldnt; have express it better and really you can't find a better thread in 13. TCB is unselfishly and genuine lending a big hand in helping others to read charts. They do not recommend buy or sell and definitely not PROMOTING any stocks.

Posted by Dunknow > Aug 21, 2014 08:30 PM | Report Abuse
Mr TCB...our market idols :D SALUTE!

Posted by inwest88 > 2014-08-21 21:32 | Report Abuse

sunshine - just sharing my experience. After all I am in the market for 30 over years and have seen almost witnessed all the different types of scenarios. Good night !

Posted by 285investor > 2014-08-21 21:34 | Report Abuse

Hi TCB,how u see astino?bought it unfortunately at the high side after bonus issue announcement.Should I cut loss or hold on?

Posted by tsy88 > 2014-08-21 21:38 | Report Abuse

Inwest88 - yeah. Aax Cl looks very tempting indeed. Lowest level so far is 5.5. If it breaks 7, will definitely buy as downside risk is minimal.

Posted by Luxp > 2014-08-21 21:40 | Report Abuse

YES am honored to be in Matrixcool s list . so much to learn from his analysis of stocks and have some reasonable gains .THANK YOU BRO .

Posted by tsy88 > 2014-08-21 21:42 | Report Abuse

Inwest88 - I think Ijacobs is currently undergoing correction from its high. Yet to see its retracement and support level.

Posted by tsy88 > 2014-08-21 21:44 | Report Abuse

Inwest88 - good night.

Posted by madhas > 2014-08-21 21:44 | Report Abuse

Dear TCB - My remiser tell me 2buy Sinotop ,whats your opinion

Posted by inwest88 > 2014-08-21 21:46 | Report Abuse

Tsy88 - thanks and goodnight. I am using my own observation to ascertain the status of the stocks - could be right or wrong.

Posted by untung99 > 2014-08-21 21:47 | Report Abuse

Hi TCB,

Your views on PWROOT?
Reason I asked, I notice there was buying of 10k lots yesterday yet prise has stabilised at RM2. There was also buying of 20k lots on the 14th Aug at RM2.09

Tq

Posted by angie80 > 2014-08-21 21:56 | Report Abuse

hi TCB, pls comment on Orna and WTK. thanks.

Posted by profitman > 2014-08-21 22:14 | Report Abuse

Thank you for the kind words that you people have on TCB. We are glad you have benefited from our presence and it makes our efforts worthwhile that you people are successful in your trading.

Posted by matrixcool > 2014-08-21 22:19 | Report Abuse

sunshine96 and R177,

Thanks for the kind words. TCB always encourages trader to cultivate the habits of profit taking and take early losses.beside this we also encourage trader to trade with a plan, especially the Stop Loss level.
We are happy both of you are disciplined enough to carry out those strategies that we believe strongly.

Happy Trading

Posted by inwest88 > 2014-08-21 22:27 | Report Abuse

Hi matrix , by the way I would like to seek your consent in including me in your mail list. Though I do not use TA it would be a very good reference and if my pick is favourable according to the charts it will reinforce my confidence. Anyway learning is a never ending process and definitely I have no qualms in gaining knowledge .

Posted by profitman > 2014-08-21 23:33 | Report Abuse

jm678 - Seal:

It has been consolidating under the dark cloud formed on 23/7 and has retraced 23.6%. Seems to have found good support around 1.28 while at the same time, it is unable to take out its 1.37 resistance. If the 1.37 resistance is broken with volume, it will re-test its high of 1.49. It is currently treading in an oversold territory. However, if the 1.28 support is broken with volume, it will trend towards the 1.16/1.17 support level. You may want to set a stop loss at 1.26/1.27.

Posted by matrixcool > 2014-08-21 23:53 | Report Abuse

inwest88 , I think I want to be on your mailing list if you have one.
Let share our trading stocks. Please send an email to me at:

matrixcool02@msn.com (02-read zero two).

inwest88 , TCB is glad that you are with us here to help many of your stocks pick..
Can you identify yourself because email and your user name could be different when you email me.

Good Night

Posted by yoda88 > 2014-08-21 23:53 | Report Abuse

pvd-investor- Instaco
Instaco is having a pullback and downtrending at this junture. Strong supports can be seen at 0.24 level at the 20MA. The next immediate supports will be 0.235 and 0.23. Any reversal with volume will bring this stk to a resistance of 0.255 and 0.265.
A stop loss if 0.23 is violated.
Happy trading.

Posted by yoda88 > 2014-08-21 23:56 | Report Abuse

Hi invest88, I would like to be included in your email too, notice that your picks are great. Thanks in advanced.

Posted by Lz Lee Weiping > 2014-08-22 00:04 | Report Abuse

cityplus - K1
Stage 4. Bearish. After a huge sell down since 14/08 until 20/08, it has now found a new bottom of 0.355. Immediate support at 0.365 and next support level is 0.355. Resistance level at 0.375 and 0.39. If you're planning to bottom fishing, exit if support level of 0.355 is violated.

jamesn - ZELAN
In correction mode. Have a support level of 0.375/0.370 and 0.355. Immediate resistance level of 0.405 and next resistance is 0.430. Judging by the volume, it might re-test it's resistance level of 0.405 and 0.430. Stop-loss if 0.355 is violated. TP of 0.48 and 0.50.

Posted by yoda88 > 2014-08-22 00:06 | Report Abuse

pvd-investor- Sona
Another interesting spac company which cannot reveal much till the QA has been approved by the SC.Not looking into FA of this stock but chart wise is downtrending and at a oversold position.
If you are going for bottom fishing, set a stop loss. Supports can be found at 0.49 and 0.48. A stop loss if 0.47 is triggered.
Since its at oversold situation any reversal might bring sona scaling back to a resistance of 0.51 and 0.53. It need to break the band at 0.55 level for it to scale higher.
Happy trading.

Posted by jm678 > 2014-08-22 00:41 | Report Abuse

Profitman, Thank you very much for your advice. I am only reading financial reports and know nothing about TA. The reason I asked about Seal is because the last quarter results brought down its PE a lot. If this quarter result to be out this month repeats the history, its PE will be even lower and makes it very attractive. Thanks again and good night.

Posted by profitman > 2014-08-22 00:44 | Report Abuse

285investor - Astino:

On the daily chart, it has been trading sideways since July. It unsuccessfully attempted to break a new high on 19/8 and you can probably expect more sideway movement with a bearish undertone as it is trading with a price/RSI divergence. Currently has support at 1.72 with strong resistance at 1.90. If 1.72 support is broken, it will head towards 1.65.

We do not advise on buying/selling decisions. To hold or to cut loss depends on your investment time frame and you will also want to factor into your consideration, the bonus issue that you will be receiving. Short term traders may want to set a stop loss at 1.70/1.71. A quick glance at its financial statement revealed a fundamentally sound company.

Posted by tsy88 > 2014-08-22 00:44 | Report Abuse

Dear TCB - can you please explain the term "dead cat bounce" and does it have negative implications? Thanks.

Posted by tsy88 > 2014-08-22 01:11 | Report Abuse

Profitman - as always, you are ever so humble, polite and unassuming responding to all questions, criticisms, statements and whatever without fear or favour, and sincerely too.

Posted by profitman > 2014-08-22 01:18 | Report Abuse

madhas - Sinotop:

We are not in a position to advise you on buying and selling but we can lay out the factors for you to consider. This stock has broken out of its rectangle trading on 18/8. Support = 0.07 while resistance = 0.09. As it has been range bound for a long time, there is a lot of over hang with this stock. Unless there is a strong catalyst to propel its price onto another plateau, any increase in price could be met with investors trying to clear their position. Your remisier could be in possession of information that will catalyze the price movement in which case you will need to check back with him/her.

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Posted by madhas > Aug 21, 2014 09:44 PM | Report Abuse

Dear TCB - My remiser tell me 2buy Sinotop ,whats your opinion

Posted by profitman > 2014-08-22 01:31 | Report Abuse

tsy88 - ...hahaha..thank you for your kind words. Well, we try our best. Thank you for your continued presence here by which I am also learning from you and inwest88 on your trading approach.

Posted by profitman > 2014-08-22 01:41 | Report Abuse

tsy88 - a dead cat bounce is basically a temporary, short lived recovery in price during the decline of a share. Yes, it has negative implications. After a long decline in a share, its price reverses up. It will appear as if the share has recovered with traders buying in thinking that the price has bottomed out only to find a continuation in the decline of the share when it reverses down and starts to form new lows.

Posted by tsy88 > 2014-08-22 01:57 | Report Abuse

Profitman -

My trading approach is terrible. Incurring heavy losses like Dolomite, reluctant to cut loss at times and buying high or even at the peak in most instances! At times clearing too fast when you should be riding on a winner for as long as you can with trailing stop set.

However, am so glad that I got to know TCB and now trying my best to minimise my losses and to have a trading plan before entering a trade. Have encountered enormous losses including paper losses in the past that at one time, I actually stopped trading for two years! Feeling more confident now with so much help and guiding fromTCB.

Just do not know how to express my gratitude to the whole team of TCB.

Good night.

Posted by tsy88 > 2014-08-22 01:59 | Report Abuse

Profitman - thanks for the explanation. Got it. Wow, so scary!

Posted by inwest88 > 2014-08-22 07:38 | Report Abuse

Good morning to all the good people here at TCB.

Posted by inwest88 > 2014-08-22 07:45 | Report Abuse

matrixcool - appreciate your kindness and generosity in including me in your list which I am sure will provide me with good and additional reference in trading. (To yoda88 too) - however I do not have a list to inform others about my picks (not based on TA as you know) but I surely will have no reservations in informing you what I spot soonest possible (at any time of the day If I see it on the screen.

Posted by inwest88 > 2014-08-22 07:48 | Report Abuse

profitman / matrix - just for my learning curiosity. As you know when say, PDZ and Sumatec was having a great run many TA practitioners are saying it will go up further ans setting TP. They reached new hihgs (PDZ 42 sen and Sumatec 92 sen) on Tuesday. My question is when the downtrend started from the high, was there any TA readings to indicate at which points one should get out. Thanks in advance !

Posted by bb55 > 2014-08-22 07:54 | Report Abuse

Dear TCB can you give comment on Glotec .Tq

Posted by tsy88 > 2014-08-22 07:58 | Report Abuse

Good morning TCB. Happy trading.

Posted by tsy88 > 2014-08-22 08:02 | Report Abuse

Inwest88 -

Good morning. So glad that you are now finally on Matrixcool's list. Definitely a lot to gain as can be verified by all of us who are already in.

Dow breached 17,000 for the first time! Happy trading.

Posted by tsy88 > 2014-08-22 08:23 | Report Abuse

Inwest88 - read from papers that one particular brokerage firm is imposing restrictions especially on margin traders on selective stock with others following suit. May dampen market sentiment.

Posted by tsy88 > 2014-08-22 08:25 | Report Abuse

Inwest88 - got to leave now.

Posted by inwest88 > 2014-08-22 08:29 | Report Abuse

Tsy88 , yup glad to be in the mailing list. Though I have my own approach definitely I can only benefit from his trading ideas. My picks have no known techniques but I trust that with their expertise in TA, they will take a deep look before making any buy decision.

Posted by sunshine96 > 2014-08-22 08:45 | Report Abuse

Profitman, thank you for explaining a dead cat bounce.

Posted by jm678 > 2014-08-22 09:57 | Report Abuse

Good morning TCB. All the best to everyone here.

Posted by matrixcool > 2014-08-22 10:17 | Report Abuse

tsy88 , you are right Maybank also restrict SMRT and ALCOM to cash account.
inwest88, i might not recognize you in email because it is different from I3 identities.
Yeah, it will be a good idea to exchange our stock pick can compare notes.

Happy Trading

Posted by profitman > 2014-08-22 10:29 | Report Abuse

Inwest88, tsy88 and all - good morning

Posted by profitman > 2014-08-22 10:31 | Report Abuse

sunshine96 - you are most welcome. Very happy to hear that you were not caught by the Sumatec fall.

Posted by profitman > 2014-08-22 10:50 | Report Abuse

inwest88 - yes, there are actually markers that traders set in all trades. As you maybe already aware, if we are riding on profits, the trailing stops that we set would protect our profits. In the Sumatec case, when the price falls from a high of 0.92, I would probably sell off at 0.88/0.89 if it reverses down. And if the price falls from the entry price, I would sell once it hits the stop loss price that was set before we enter the trade without a second thought. I noticed you have been trading this way too. So, it is very similar to your approach.

But what is most critical, as you have previously mentioned before, is the discipline to sell once it hits our trailing stop or stop loss and not trade on the Hope that the price will go up again. In Matrix word, don't let greed take over.

Posted by profitman > 2014-08-22 11:02 | Report Abuse

jm678 - good morning.

Posted by Waynewc > 2014-08-22 11:03 | Report Abuse

Hi, everyone!!