Posted by stay_foolish > 2014-09-09 22:24 | Report Abuse

KLSC

Kossan

Stage 3 of Market Cycle- Distribution which the price can be volatile. It is expected to trade between $3.97 and $4.22 in Medium Term. A break above $4.22 may breakout from Rectangular Trading which has TP at $4.47. A break below $3.97 may find $3.94 as immediate support and stronger support at $3.89.

Happy Trading

Posted by stay_foolish > 2014-09-09 22:24 | Report Abuse

KLSC

Maybulk

Weekly Chart- Stage 4 of Market Cycle which is Bearish. It is trading inside the Downward Channel. Need to Break above $1.84 to breakout from Downward Channel.

Daily Chart- A Hammer formed on 04/09 which indicate Price Reversal. Resistance 1 at $1.72, Resistance 2 is $1.79 and Resistance 3 is $1.84. May find support at $1.63 and Stronger support at $1.6.

Happy Trading

Posted by Nana88 > 2014-09-09 22:37 | Report Abuse

Hello TCB,
Could you plse advise on IFCAMSC. Thanks!

Posted by yoda88 > 2014-09-09 22:45 | Report Abuse

winwinborn-Azrb
The gap up yesterday with healthy volume end up with a shooting star since the price could not sustain and some profit taking towards the closing. A hammer has formed today and improving indicators and if coupled with surging volume Azrb should penetrate above immediate resistance of 0.795 and scale to next resistance of 0.82. Supports are located at 0.775 and 0.765. A cut loss if 0.75 violated with volume.
Happy trading.

Posted by yoda88 > 2014-09-09 23:02 | Report Abuse

brendonyeap-Mitra
Mitra is at oversold situation and accumualtion can be notice at this junture.Need to monitor price movement with volume to confirm a Price reversal.Any price surge will bring Mitra to test a resistance of 0.94 and 0.955. Immediate supports can be found at 0.93 and 0.905.
A stop loss if 0.895 is violated.
Happy trading.

Posted by sunflower22 > 2014-09-09 23:22 | Report Abuse

yoda, appreciated very much for your analysis on barakah. Good night.

Posted by scpor18 > 2014-09-09 23:31 | Report Abuse

Dear TCB,

appreciate your comment on BONIA and PRESBHD

Posted by tsy88 > 2014-09-09 23:45 | Report Abuse

Hi sunlight

Thanks for the analysis on Efficen. Am monitoring very closely.

Good night.

Posted by yoda88 > 2014-09-09 23:52 | Report Abuse

lyyinvestor-BIG
Bullish for a 2nd consecutive trading day with healthy volume. A decisive penetration above the upper band ( 100 MA ) will drive prices higher to retest 0.785,0.815 further 0.84. Immediate supports can be found at 0.73 and 0.705. A trailing stop in case of profit taking and a pullback at 0.68 if violated.
Happy trading.

Posted by tsy88 > 2014-09-09 23:55 | Report Abuse

Dear TCB

Appreciate if you can give reading on:

Ksl - broke above 4.00 physchological barrier. What is the support and Tp now for this stock? Is it overbought at this stage?

Melewar - seems to be trending up everyday. Kindly comment and advise.

Thanks.

Posted by KLSC > 2014-09-09 23:56 | Report Abuse

Dear Stay_Foolish,

Thank you very much on your read on Kossan & Maybulk. Sincerely appreciate on your kindness.

Happy trading!

Posted by yoda88 > 2014-09-09 23:58 | Report Abuse

gary1122-YTL
Since gapping up on the 29Aug its having a pullback and drifting sideways. Failure to sustain at a 1.62 level might prompt a pullback and trade downwards. A break above the 1.64 and 1.66 resistance levels it will retest its next level of 1.69. Immediate supports can be found at 1.62 and 1.60 levels.
A stop loss if 1.57 is triggered.
Happy trading.

Posted by ProfitMan > 2014-09-10 00:58 | Report Abuse

Cautious Trader, KLSC, Pathew - Dutaland:

On an uptrend. It broke its immediate resistance of 0.545 on 9/9 and also took out its strong resistance at 0.58 with a spike in volume that is almost 20 times its MA Vol. The next 2 resistance are at 0.625 and 0.665. The support is now at 0.545.

Pathew - Dutaland is bullish but the huge spike in volume could attract profit taking activities. It could be subjected to profit taking in the short term before trending up again.

All those news on its financial restructuring plan with divestments of its plantation land are catalyst to the spike in volume and price on 9/9. It also has an improved financial performance as at June 2014. So, moving forward, I think the company is in a good position to forge ahead if those plans are in place and will come to fruition together with improving financial results. In the meantime, this news will probably fuel the uptrend further.

---------------------------------------------------------------
Posted by pathew > Sep 9, 2014 06:18 PM

Hi Guys,

Took Dutaland earliet at 57sen. How do you all see the prospects of this stock??

Posted by sunlight > 2014-09-10 00:59 | Report Abuse

Hi LyyInvestor,
CHUAN:
Very bullish after broken above $0.61 on 03/09 with good volume. 3 white soldiers candlesticks pattern has been formed in the last 3 trading days with increasing volume shows that the bull is running the show. The price movement is above the upper Bollinger band with upward momentum. Immediate resistance is found at $0.75 and $0.78 respectively before it can scale higher to re-test its previous all-time high at $0.92. If you are already trading the stock, do set a trailing stop to protect your capital /profit in case of any pull back. Any weakness due to overbought and profit taking will find good support at $0.645 and $0.61 respectively.

MIECO:
Very bullish after broken above $0.57 today with huge volume. Its immediate strong resistance is at $0.59/0.60 before it can scale higher to its immediate TP of $0.64. Do take note that Price/RSI bearish divergence has been formed since 19/08. It does not mean that the price won’t continue to move up but if you are already trading this stock, do set a trailing stop in case of any big pullback.
Any weakness will find good support at $0.57 and $0.545. Stop loss if $0.54 is violated.

Happy Trading.

Posted by ProfitMan > 2014-09-10 01:12 | Report Abuse

Lyyinvestor - Econbhd:

Under consolidation with a support base formed at 0.965. Immediate resistance is at 1.01 with the next resistance at 1.08/1.09. Sellers exhaustion seems to be prevailing. If you are bottom fishing, you may want to consider a stop loss at 0.945.

Posted by tsy88 > 2014-09-10 07:20 | Report Abuse

Good morning TCB.

Posted by tsy88 > 2014-09-10 07:28 | Report Abuse

Inwest88 - good morning. Presumably you had a good trading day yesterday. Daily so many counters posting new highs, unable to keep track. Awc, Mieco, Chuan, Melewar, Dutaland, Hevea, Fitters, Jslvto name a few.

Dow down by 97, should not be considered substantial and our market is currently so hot and active again.

Happy trading.

Posted by tsy88 > 2014-09-10 07:30 | Report Abuse

Inwest88 - sorry, meant Ksl, not Jsl.

Posted by tsy88 > 2014-09-10 07:32 | Report Abuse

Ihwest88 - got to leave now.

Posted by inwest88 > 2014-09-10 07:55 | Report Abuse

Good morning TCB

Posted by inwest88 > 2014-09-10 07:55 | Report Abuse

Good morning tsy88 - was locking in profits yesterday. Have a productive day.

Posted by bracoli > 2014-09-10 07:58 | Report Abuse

Dear TCB,
Mind to read on BIG? TQ

Posted by Dunknow > 2014-09-10 08:08 | Report Abuse

Good morning to all respected sifu & reader here...US market close in red ... hmm,wonder on KLSE today...anyhow,happy profitable trading :D

Posted by johnny cash > 2014-09-10 08:12 | Report Abuse

DEAR TCB
GOOD MORNING. any good counters undervalued, good for long term investment,,, i can think of scicom, smrt, guoco, are there others? THANKS

Posted by winwinborn > 2014-09-10 08:50 | Report Abuse

Good morning TCB,

yoda88, noted with thanks for the reading on AZRB.

wish all happy profitable trading...

Posted by yoda88 > Sep 9, 2014 10:45 PM | Report Abuse

winwinborn-Azrb
The gap up yesterday with healthy volume end up with a shooting star since the price could not sustain and some profit taking towards the closing. A hammer has formed today and improving indicators and if coupled with surging volume Azrb should penetrate above immediate resistance of 0.795 and scale to next resistance of 0.82. Supports are located at 0.775 and 0.765. A cut loss if 0.75 violated with volume.
Happy trading.

Posted by ProfitMan > 2014-09-10 08:52 | Report Abuse

Inwest88, tsy88, Dunknow, johnny cash & all - good morning & we wish you a trouble free day with lots of profitable trades today.

Posted by ProfitMan > 2014-09-10 08:54 | Report Abuse

Citytrader - really great to hear from you. Hope you continue to make lots of money from the market.

Posted by sunflower22 > 2014-09-10 08:55 | Report Abuse

Good morning to matrix, profitman, yoda88, stay_foolish, sunlight and the team of TCB, dunknow and all the readers.

Happy trading !

Posted by 2noob2stupid > 2014-09-10 08:58 | Report Abuse

Noted. Thanks again, Profitman! =)

Posted by LyyInvestor > 2014-09-10 09:35 | Report Abuse

Good Morning TCB fighthers and members. Hope you all have a wonderful day today.

Posted by LyyInvestor > 2014-09-10 09:36 | Report Abuse

Thanks sunlight and profitman for the awesome analysis on CHUAN , MIECO and ECONBHD. Cheers for your hard work. Thanks once again . :)

Posted by yoda88 > 2014-09-10 09:36 | Report Abuse

bracoli-BIG ( reading on BIG posted last nite-thanks )
lyyinvestor-BIG
Bullish for a 2nd consecutive trading day with healthy volume. A decisive penetration above the upper band ( 100 MA ) will drive prices higher to retest 0.785,0.815 further 0.84. Immediate supports can be found at 0.73 and 0.705. A trailing stop in case of profit taking and a pullback at 0.68 if violated.
Happy trading.

Posted by yongyou > 2014-09-10 09:37 | Report Abuse

Hi tsy88, yup - very hard to keep track.... "Posted by tsy88 > Sep 10, 2014 07:28 AM | Report Abuse
Inwest88 - good morning. Presumably you had a good trading day yesterday. Daily so many counters posting new highs, unable to keep track. Awc, Mieco, Chuan, Melewar, Dutaland, Hevea, Fitters, Jslvto name a few."

Posted by bracoli > 2014-09-10 09:38 | Report Abuse

mr/miss Yodafattfatt, thanks!

Posted by LyyInvestor > 2014-09-10 09:47 | Report Abuse

Thanks Yoda88 for BIG analysis .cheers :)

Posted by pathew > 2014-09-10 10:18 | Report Abuse

profitman, always a pleasure hearing from you :)
i'll ride this out, NTA almost RM1. Turnaround company worth a shot to invest and ride it's uptrend

Posted by KLSC > 2014-09-10 10:25 | Report Abuse

Dear ProfitMan and all in TCB,

Good morning n happy trading!

ProfitMan, thank you very much on Dutaland read.

Posted by NoobTrader > 2014-09-10 11:15 | Report Abuse

Dear TCB would appreciate if you guys can have a look at GPA, thank you

Posted by trader96 > 2014-09-10 17:50 | Report Abuse

ProfitMan/Mat,
Could you please advise on KNM. Thanks!

Posted by Dunknow > 2014-09-10 21:47 | Report Abuse

Good evening,good evening...can Mr TCB advise me on Datasonic (rm1.810) & seacera (1.19)?may i know it's the opportunities to collect?thanks in advance........cheer

Posted by ProfitMan > 2014-09-11 01:20 | Report Abuse

winwinborn - Marco:

It broke out from its round bottom pattern on 19/8 and hit a high of 0.26, only to succumb to the bearish engulfing candle of 20/8 that sent it into a consolidation phase. It is now trading sideways with a support at 0.205 and a resistance of 0.215. A break with volume of 0.215 would confirm its price reversal and render the breakout from its round bottom pattern valid. Similarly, a break in its support at 0.205 could send it back towards 0.185a and render the earlier break out a false breakout. If you are bottom fishing, you may want to set a stop loss at 0.19.

Posted by tsy88 > 2014-09-11 03:53 | Report Abuse

Yongyou - just saw your posting so late. Hope you are doing fine and profitting from stock trading.

Posted by inwest88 > 2014-09-11 07:30 | Report Abuse

Good morning to TCB chart readers.

Posted by inwest88 > 2014-09-11 07:34 | Report Abuse

tsy88 - good morning. Hope you had gains yesterday. I make 4 sen from FACB in early trading and bought sold some AAX CL. Today will be looking into locking profits for Teo Seng (sold half earlier). Was very glad to see EPMB shot up (I mentioned last week when I saw its movement on Sep 2nd)

Posted by Dunknow > 2014-09-11 07:35 | Report Abuse

selamat pagi & a very good the morning..........

Posted by tsy88 > 2014-09-11 07:45 | Report Abuse

Good morning TCB.

Posted by tsy88 > 2014-09-11 07:51 | Report Abuse

Inwest88 -

Good morning. Congrats on your winners. Cleared Hevea at 1.94 bought at 1.88. Entered Supermax at 2.25. Facb was Bones' latest wrte-up, Epmb by Alpha Trader. Nihsin looks nice and set to test its high. Did you enter Iris, rebounded and up for 3 consecutive days. Glad that you are doing pretty well.

Happy trading.

Posted by tsy88 > 2014-09-11 07:59 | Report Abuse

Inwest88 - looking to re-enter Tekseng.

Posted by inwest88 > 2014-09-11 08:13 | Report Abuse

I was not aware of the write ups on facb and epmb. Looking at nihsin and cw works . Tested fcw yesterday

Posted by belkg > 2014-09-11 08:16 | Report Abuse

Good morning mr tcb,can u pls advise on takaso
N denex .tks