"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 .
Under correction. It is now testing the support level at 0.79/0.80. If broken, will find further support back at 0.72. Immediate resistance is at 0.83. The stock is still weak and may not be out of the woods yet.
As at 5/9/2014:-
For the mid term outlook, the bullish harami indicates a potential bullish reversal subject to confirmation. The support level at 0.79 is holding up thus far while selling pressure has subsided substantially. It needs to break 0.845 with volume in order to scale higher. If you are bottom fishing, a stop loss at 0.77 should be considered for short term traders.
Currently consolidating and trading under the bearish engulfing pattern of 20/8. Has found support at 0.47 but if broken will find support at 0.43. Need to break the strong resistance of 0.56 with volume but the important resistance remains at 0.61 before it can attempt the high of 0.67 again.
If you are bottom fishing, a stop loss at 1.45 should be considered for short term traders. A good trading opportunity as Tweezers Bottom pattern formed near 23.6% FR which could provide a good support and triggered a potential turning point signal subject to confirmation. The support level at 1.46 is holding up thus far while selling pressure has subsided substantially. It needs to break 1.50 level with volume in order to scale higher. Noticeably, reading from hourly oscillators shows that share price is likely to reverse in near term. Since both hourly and daily charts concur, further upsides are targeted at 1.56,1.60 and 1.63. Happy trading n haf a good weekend.
Dlyc-Handal Currently Handal is downtrending below 100 & 200 MA's. However RSI is at oversold stage and improving. Monitor volume and momentum if you're going for bottom fishing. Resistance can be found at 0.475 and 0.49. Immediate supports are at 0.45 and 0.44. A stop loss if 0.425 is triggered. Happy trading.
Yeo, were you the one who posted the question on Dsonic on the Stock in Focus Blog? If you are, I did respond to your question there with the ta on Dsonic.
tsy88-Arank Momentum picking up pace as all the Aluminium related stocks are rallying. Arank is currently uptrending, accompany with volume it should scale higher.A quarter result is expected soon. Once the share prices managed to surpassed above the bollinger band of 0.735 with volume which is the 1st Resistance then it will spur share prices higher. In tandem with aluminium related stocks in play Arank share prices should gain stronger buying momentum at accelerating velocity. Hence, further upsides are targeted at 0.735and 0.755, with a mid term objective of 0.80. Immediate supports are 0.67 and 0.65. A cut loss if 0.64 is triggered. Happy trading.
Happy Mid Autumn to all Frens and my dear TCB members n family. Walking around our taman n get to see kids playing latterns,good to keep up with the culuture.
Yeo-Dsconic ( posted by profitman at our Blog ) yeo, thank you for visiting here. DSonic is currently consolidating in its symmetrical triangle formation. It is forming a support base at 1.80 and has a resistance of 1.86 to overcome before it can attempt to scale higher. In order for it to resume its uptrend, it needs to break the 2.00 resistance. As you are aware, the CA will track the movement of its mother share. If you are trading based on TA, we do advocate traders especially new traders to have an exit strategy when trading, i.e., to have a target price to lock in profits when the stock is trending up and to have a stop loss price to cut loss in case the trade goes against us.
even though I m sitting home. But don't think outside can see lids playing home made Milo tin tangling those old days we did.... Anyway, they have better lifestyle now...
rocas-Jag JAG is bullish uptrending at this junture, cross 10-20sma and trading above 50MA as well.Noticeably, reading from hourly oscillators shows positive signals and the share price is likely surge upwards. Since both hourly and daily charts concur, further upsides are targeted at 0.25 and 0.255.Immediate supports can be found at 0.215 and 0.20. A stop loss if 0.195 is triggered. Happy trading n haf a good weekend.
Yup yup...we use candle to fry mint leaf...hahah. Purposely to put on fire... Then will jz kick away the Milo tin cover which is on the brick...hahahhanow no,more Milo tin. All economic pack only..
Dut and yoda....haha,how simple our life was,isn't it?and we were so happy....ask for ikan bilis and pandan leaf....hahahha....should be happy Fire day instead...Kikiki....
Yup Dunknow. Exactly . Life is so simple, main pistol kayu un construction side. I like to bikin my dinosaur TangLung... Will burn it after moon cake festival. Hahahah
SAB—Stage 4 of the cycle, avoid at all cost. Formed a Hammer last Friday after hitting a new low of $4.88 and whether this will be the new bottom is yet to be confirmed. Some technical rebound can be expected if break above $4.95 towards $5.05 and $5.10/$5.12. If you are thinking of Bottom Fishing please set Stop Loss if $4.88 is violated.
NoobTrader & rob_23 man- EAH Eah goes into consildation after surging since 11August and currently recovering as RSI is oversold and improving.The tri star candle is turning bullish but need more confirmation with healthy volume.Resistance can be found at 0.192 and 0.195.Failure to breach the 0.195 level could prompt a pullback and further consolidation. Supports can be found at 0.155 and 0.145,whereupon traders could exit if 0.14 is triggered. Happy trading.
OCNCASH—After breaking out from the Ascending Triangle at $0.335 on 26/08 it hit a high of $0.37 which is short of my target of $0.40. It has since retraced back and is trading near to its uptrend support of $0.305. It has formed an “Uptrend Channel” that has Higher High and Higher Low which has bullish implication. As long as the Uptrend Channel is intact, it offers opportunity to collect for further movement upward towards it resistance on the uptrend channel. The Engulfing Bear formed in $0.365 is shadowing the upward movement of OCNCASH and if breaks will try its immediate target of $0.38/$0.40. Stop Loss if $0.30 is violated.
Tsy88 yup. Got dnex at 34 sen but not tekseng. First spotted and bought this stock at 39 sen and made some gains. Probably sonething is brewing as I reckon that it is now in a over bought situation. Happy trading
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 .