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

jm678

147 posts

Posted by jm678 > 2014-08-22 11:20 | Report Abuse

Some remisiers have just cautioned that the 7 billion shares transacted on Wednesday will emerge and sell down the market on coming Monday and Tuesday. Kindly advise your thought. Will there be any sign from TA point of view?

siena

19 posts

Posted by siena > 2014-08-22 14:18 | Report Abuse

good day tcb...can help to analyse Dialog and PChem (5183), thanks in advance!

profitman

2,094 posts

Posted by profitman > 2014-08-22 14:41 | Report Abuse

Waynewc - hi & welcome.

cherry tomato

1,880 posts

Posted by cherry tomato > 2014-08-22 15:06 | Report Abuse

Dear TCB, kindly assist in Ajiya.
Thanks.

Dunknow

7,384 posts

Posted by Dunknow > 2014-08-22 17:23 | Report Abuse

Good day to Mr TCB,
SUMADRA seem like heading down trend again,can you please check on the TA again?Thanksssssssssss

profitman

2,094 posts

Posted by profitman > 2014-08-22 17:38 | Report Abuse

jm678 - I suppose you can look for signals by analyzing the volume and the emas index and small cap shares index. My personal view is that those short term traders who bought in on the panic sell wave could have taken profits when the counters rebounded. So, there could be residual selling pressures on Monday or Tuesday. I am not so sure if you will see a big sell down on Monday or Tuesday but I may be wrong.

tsy88

9,978 posts

Posted by tsy88 > 2014-08-22 17:52 | Report Abuse

Matrixcool - did not see your posting till now. Had I known, would not have jumped in. I bought Alcom this morning at 1.15. Closed at 1.12, at its lowest for the day but not a drastic pullback. Today is forced selling for high of 1.27 done on this Monday. Hopefully comes back after forced selling.

tsy88

9,978 posts

Posted by tsy88 > 2014-08-22 18:00 | Report Abuse

Profitman - Sumatec's high is not 92 but 62. I think there was a typing error by Inwest88.

profitman

2,094 posts

Posted by profitman > 2014-08-22 18:53 | Report Abuse

tsy88 - thanks for pointing out and spotting that. Very sharp eyes. Thanks.

Dunknow

7,384 posts

Posted by Dunknow > 2014-08-22 19:06 | Report Abuse

ALCOM : Q at 1.12 in the morning, but forget to cancel the order, even after saw the matrixcool posting...arrr...what to do....hope to see rebound on Monday...anyhow...I must saw thanks to Matrixcool for your kind sharing...thanks bro

tsy88

9,978 posts

Posted by tsy88 > 2014-08-22 19:10 | Report Abuse

Profitman - you are welcome.

tsy88

9,978 posts

Posted by tsy88 > 2014-08-22 19:14 | Report Abuse

Dunknow - yeah, hope on Monday Alcom rebounds after the forced selling today.

johnny cash

6,400 posts

Posted by johnny cash > 2014-08-22 19:16 | Report Abuse

dear TCB, Matrixcool and profitman
what are your STRONG BUYS, during market consolidation????? i mean STRONG BUY

Dunknow

7,384 posts

Posted by Dunknow > 2014-08-22 19:36 | Report Abuse

Just for sharing purposes, for those who are in contra, please trade within your means. ...do not go beyond lines...Greedy can be the deadliest part of life...look for more fundamental counter for investment...nothing is guaranteed...cheers

tsy88

9,978 posts

Posted by tsy88 > 2014-08-22 19:44 | Report Abuse

Dunknow - today's selling in the afternoon session could also be weekend selling. Was holding quite well at lunch break.

Dunknow

7,384 posts

Posted by Dunknow > 2014-08-22 21:16 | Report Abuse

tsy88 - yeah,it might be...it sudden drop around 4pm...& suddenly saw the order matched @ 1.120...hihihi...anyhow,just bought a few lot,if really down trend,just put a stop loss then ;D...cheers,bro...happy weekend

inwest88

5,628 posts

Posted by inwest88 > 2014-08-22 21:19 | Report Abuse

profitman - perhaps you may have overlooked my request below. No hurry to answer though.


Posted by inwest88 > Aug 22, 2014 07:48 AM | Report Abuse X

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 !

inwest88

5,628 posts

Posted by inwest88 > 2014-08-22 21:25 | Report Abuse

tsy88 - like I mentioned based on yesterday's movement, the selling on PDZ and Sumatec is not over yet although at times the prices go up. However today's selling has scaled down (just my observation). Did some trades today - sold 50% AAX CL at 9 sen (bought at 7.5 sen yesterday - will keep the rest up to 14 or 15 sen as advised by rchi). Also cleared Ecofirst for a 1 sen gain since announcement is out. Bought into PTB at 18.5 sen (holding on). Had good intra gains from Nihsin (mentioned yesterday). Spotted GLB in the morning but hesitated to go in and then all of a sudden it went up so fast. Missed it.

yongyou

4,676 posts

Posted by yongyou > 2014-08-22 21:36 | Report Abuse

Dear TCB, what is your view on SOP/Perisai/UEMS.

trustme932

4,864 posts

Posted by trustme932 > 2014-08-22 22:11 | Report Abuse

Invest88
..the stoploss pt is on the break of 56 n 51.

yongyou

4,676 posts

Posted by yongyou > 2014-08-22 22:15 | Report Abuse

"Posted by tsy88 > Aug 22, 2014 05:52 PM | Report Abuse
Matrixcool - did not see your posting till now. Had I known, would not have jumped in. I bought Alcom this morning at 1.15. Closed at 1.12, at its lowest for the day but not a drastic pullback. Today is forced selling for high of 1.27 done on this Monday. Hopefully comes back after forced selling."

You set selling price at RM1.27?

tsy88

9,978 posts

Posted by tsy88 > 2014-08-22 22:15 | Report Abuse

Dunknow - you are right. Nothing is guaranteed in stock trading. Same to you too, have a nice weekend. By the way, sister here, not brother, haha.

yongyou

4,676 posts

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

Dear TCB, what is your latest opinion on Glotec?

tsy88

9,978 posts

Posted by tsy88 > 2014-08-22 22:18 | Report Abuse

Inwest88 - Profitman has already answered your question. I gave seen and read it already.

yongyou

4,676 posts

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

Dear TCB, what is your review on AirAsia / AAX & Brahims

tsy88

9,978 posts

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

Yongyau - no, I did not set selling price at 1,27 as I did not know if it breach 1.20 level, so after buying, I just monitored its movement.

tsy88

9,978 posts

Posted by tsy88 > 2014-08-22 22:31 | Report Abuse

Tm932 - thought you said you are sleeping early tonight. Good night.

trustme932

4,864 posts

Posted by trustme932 > 2014-08-22 22:49 | Report Abuse

Tsy88..saw one good movie on astro..hehe

tsy88

9,978 posts

Posted by tsy88 > 2014-08-22 22:52 | Report Abuse

Inwest88 -

Re Ptb - has been holding this stock at 10.5 for so long. Very stubborn and only really moved this year. Cant chase as it has tendency to pull back!

Aax Cl - did not know that you bought at 7.5 yesterday. Today I forgot about it and it was already 8.5/9 when I saw and did not want to chase at that level.

Ghl - up for the second day with substantial gain like yesterday.

Nihsin - congrats. Think you made quite a few rounds from this counter as with Ijacobs too with substantial gains. Must be another of your favourite stocks.

Bull or bear, you certainly possess the luck and right timing to transact your fun quick trades and mostly with gains. Not the case for me though.

Well done. KEEP IT UP.

Have a wonderful weekend with your family. Good night.

jm678

147 posts

Posted by jm678 > 2014-08-22 22:58 | Report Abuse

Profitman, Thanks so much for your advice though analysing volume is a bit too advance for me. Will keep learning. Have a nice weekend.

tsy88

9,978 posts

Posted by tsy88 > 2014-08-22 23:05 | Report Abuse

Dunknow - Alcom is not in downtrend. Today it is just down 2 cents. Yesterday it surged 8 cents. Trending up nicely.

inwest88

5,628 posts

Posted by inwest88 > 2014-08-22 23:12 | Report Abuse

profitman - my sincere apologies. I was the one who overlooked your answer. Sorry again.

You are right I do have an "exit plan" which is unlike TA which you pre-set. Once I sensed that the price is reversing or that the market sentiment is losing strength I just sell since with any pre-set cut loss prices or lock in profit prices. Probably it's due to all these years of trading and is working well for me.

Like I mentioned to tsy88 - I sold almost all my penny stocks on Tuesday before the massive sell down on Wednesday and on Wednesday morning I also cleared some medium-hold stocks.

There were a few occasions in the last, probably 10 years, once the volume hits a new record very significantly, a sell down is imminent int he next day and the situation will last a few days to a few weeks before the sentiment returns.

Good night and thanks for your input to my question again.

inwest88

5,628 posts

Posted by inwest88 > 2014-08-22 23:17 | Report Abuse

sy88 - yes luck is definitely a factor in all forms of gaming but in shares one also needs to have some sense of logic and do some study before trading blindly. I also have the benefit from years of experience. Of about the 1,200 counted listed (excluding warrants)probably I would have traded in about 800 stocks and thus whatever company that crops up I roughly have an idea what it does, the FA of the company, it's high and low etc. It helps save time in my analysis. Good night.

inwest88

5,628 posts

Posted by inwest88 > 2014-08-22 23:18 | Report Abuse

tsy88 - by the way thanks for pointing out the error on Sumatec. Sorry about that profitman.

untung99

19 posts

Posted by untung99 > 2014-08-22 23:57 | Report Abuse

Dear TCB, could you read PWROOT, thank you, you guys are doing a great service, god bless all of you.

profitman

2,094 posts

Posted by profitman > 2014-08-23 01:24 | Report Abuse

Inwest88 - no problem. No need to apologize. There are quite a number of comments here and its easy to miss out. Your experience instinct is invaluable and I suppose it takes years and years to acquire, something that cannot be learned from any textbook in the world. But these instincts are the best skills anyone can hope to have.

Axin

35 posts

Posted by Axin > 2014-08-23 02:42 | Report Abuse

Please help with Bertam. Is it still downtrend?

Bs1688

436 posts

Posted by Bs1688 > 2014-08-23 07:20 | Report Abuse

@invest88 , I am impressed with your skill in trading , you beat the market ! Thumb up !

Dunknow

7,384 posts

Posted by Dunknow > 2014-08-23 08:04 | Report Abuse

Good morning to TCB crew

Dunknow

7,384 posts

Posted by Dunknow > 2014-08-23 08:05 | Report Abuse

tsy88@sorry sis :D
I didn't mention Alcom downtrend ler...I am asking about samudra,hihi...seem like going down...should we accumulate on the weaknesses now?

tsy88

9,978 posts

Posted by tsy88 > 2014-08-23 08:17 | Report Abuse

Inwest88 - good morning. Re: Error on Sumatec high. You are welcome.

tsy88

9,978 posts

Posted by tsy88 > 2014-08-23 08:18 | Report Abuse

Good morning TCB.

Axin

35 posts

Posted by Axin > 2014-08-23 08:23 | Report Abuse

TCB, Pls analyse Bertam. Average down and still keep going down. But the result just came out, good. Perhaps someone is accumulating.

tsy88

9,978 posts

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

Dunknow - good morning. May be a good idea to accumulate on weakness with the Dow down 38! However, do not be in a hurry.

Dunknow

7,384 posts

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

tsy88@thanksssssssss very muchiiiii

Bs1688

436 posts

Posted by Bs1688 > 2014-08-23 08:49 | Report Abuse

Good morning TCB , how do you see Ecofirst ? Tq

tsy88

9,978 posts

Posted by tsy88 > 2014-08-23 09:14 | Report Abuse

Dunknow - welcome.

Dunknow

7,384 posts

Posted by Dunknow > 2014-08-23 10:03 | Report Abuse

hehe,something came into my head this forum...This is very well manner/discipline forum where ppls can speak out freely without feeling offended...no sarcastic & every post was reply with dignity/respect...thumbs up...RESPECT,everyone's here!just my personal feeling ;D

ProfitMan

2,094 posts

Posted by ProfitMan > 2014-08-23 10:10 | Report Abuse

Good morning everyone. As always, please give us some time to work on all your request. Thanks

Bs1688

436 posts

Posted by Bs1688 > 2014-08-23 10:16 | Report Abuse

@Dunknow, do agree with you. Whatever came out of the mouth is a reflection of your upbringing. Have a pleasant day !

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