Posted by tsy88 > 2014-09-22 05:44 | Report Abuse

Hi Sunlight - good morning. Thanks a lot for analysis on Zecon and Sycal. Really appeciate. Am still holding on to Sycal bought at 0.345.

Posted by lady77 > 2014-09-22 05:49 | Report Abuse

Good morning TCB,

Appreciate if you can help read Stone Master, YFG and Ecofirst for me.

Thank you in advance for your help.

Have a great day & Happy Trading.

Posted by annie24 > 2014-09-22 06:13 | Report Abuse

Pls advice on ktb

Posted by tsy88 > 2014-09-22 06:36 | Report Abuse

Good morning TCB.

Posted by tsy88 > 2014-09-22 06:40 | Report Abuse

Inwest88 - good morning. Looking forward to your stock picks. Slp up for 2 days scaling to new highs!

Posted by tsy88 > 2014-09-22 06:41 | Report Abuse

Inwest88 - had emailed to Kc but still no reply from him.

Posted by tsy88 > 2014-09-22 06:45 | Report Abuse

Inwest88 - Homeriz holding up well. Like it.

Posted by johnny cash > 2014-09-22 07:18 | Report Abuse

dear TCB
how about BENALEC??????? is it time to buy??

Posted by Dunknow > 2014-09-22 07:28 | Report Abuse

good morning,selamat pagi,TCB sifu,TSY88,inwest88...sunlight,stayfoolish,profitman,matrix....happy a properous trading today,cheers

Posted by tsy88 > 2014-09-22 07:44 | Report Abuse

Dunknow - good morning

Posted by inwest88 > 2014-09-22 07:50 | Report Abuse

Good morning TCB

Posted by inwest88 > 2014-09-22 07:53 | Report Abuse

tsy88 - Good morning. Homeriz not so much for trading. SLP usually has little or no activities but looking at its performance the last 2 days, probably worth a ount.

Looking at Opensys, Greenyb, Mikromb (FA okay) Mclean , Pinepac (poor FA). Again need to see the overall market mood and the movement of the stocks themselves.

Posted by johnny cash > 2014-09-22 08:28 | Report Abuse

http://klse-analytical.blogspot.com/

KEN HOLDINGS BERHAD,,

dear TCB
please give it s TA..thanks

Posted by winwinborn > 2014-09-22 08:40 | Report Abuse

Good morning all TCB.

sunlight, noted with thanks for your analysis on MFCB. Very appreciated.

Posted by sunlight > Sep 21, 2014 11:43 PM | Report Abuse

Hi winwinborn,
MFCB:
Under consolidation between $2.20 and $2.27. Breaking above $2.27 with volume will have bullish implication. Such breakout will find immediate resistance at $2.30 and $2.36 before it can scale higher to re-test its previous high at $2.48. Further weakness will find immediate support at $2.20 and $2.15 respectively. Stop loss if $2.14 is violated.

Happy Trading.

Posted by belkg > 2014-09-22 08:45 | Report Abuse

Morning mr tcb,kindly gv ta on gbgaqrs n sersol tks

Posted by SS661M > 2014-09-22 08:56 | Report Abuse

Hi, all sifu & member. Is it possible to post a chart with explaination instead of just giving advise? No offense but I just feel like getting fortune telling tips without learning anything. If I can learn something new every time my question is answered then this forum is much more meaningful. Just some suggestion. Cheers:))

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

GOod Morning to all. Happy trading

Posted by TechcodeBreaker > 2014-09-22 09:38 | Report Abuse

Dear All,

In view of the numerous and frequent request for an update analysis on Tekseng, we have just published it in our Stock In Focus Blog at http://tcb-sifs.blogspot.com/.

Thank you for all your constant support of our blog. We wish you a very profitable trade in the market today. Please remember that discipline in trading is of utmost importance.

Posted by sunflower22 > 2014-09-22 10:03 | Report Abuse

Tqvm to matrix, profitman and all panels of TCB. Appreciate your sharing and hardworks very much.

God bless and happy trading. . .

Posted by ProfitMan > 2014-09-22 10:38 | Report Abuse

SS661M - thank you for your suggestion which is a very good one. Unfortunately, that would be too tedious and time consuming as we do receive quite a large number of chart request at times. Perhaps, I should fill you in too. All of us here in TCB are volunteers with our own careers and business. We are doing this in the hope that investors, especially newbies, will pick up TA themselves to enable them to trade wisely and not lose their hard earned money through reckless trading and of course, we are also very passionate about TA and investing. Besides, we are not in a position to teach anyone but hopefully by sharing what we know, we can impart some of our experience and knowledge onto others. We can be wrong at times too.

One of the best way to pick up TA is to do your own parallel TA of the stock and compare it to the readings that was presented here. Like they say, practise makes perfect. As you will notice, we do not provide any advise here nor do we recommend any stock. All trading decisions rest with the investor himself/herself. We hope you understand our position.

Posted by SS661M > 2014-09-22 11:15 | Report Abuse

Sifu ProfitMan. I m learning & looking forward to be one of you (hehe.. you might think i got a big mouth but i really admire you guys). U r social welfare workers in I3. Great job!

Posted by klse228 > 2014-09-22 11:55 | Report Abuse

Thanks to all TA experts here for taking times to share knowledge and technical analysis.

Posted by ProfitMan > 2014-09-22 12:03 | Report Abuse

SS661M - No, I don't think you have a big mouth. It is good to have ambitions like that. And I have no doubt that you will be good if not better than us in TA if you keep working at it. We look forward to your contributions here too. By the way, there are no sifus here as we are all equals.


klse228 - welcome and you are most welcome. Thanks for visiting.

Posted by yoda88 > 2014-09-22 12:25 | Report Abuse

Tekseng-a good TA reading TCB members.Cheers.

Posted by Dunknow > 2014-09-22 13:40 | Report Abuse

Hehe,agreed with SS661M....TCB are the greatest...their sincerity & honesty are real :D...In fact,not only in TA,this should applied in life…seriously,I am zero in TA,but their 'welfare' has influence us to contribute more in society,help ppls in need such as ophanage,old folk and those need our help…thanks TCB…Also,TCB's humble is super 'LIKE' from me

Posted by Dunknow > 2014-09-22 13:42 | Report Abuse

Give respect to earn respect…hehe,that’s why we salute & respect the TCB…

Posted by minkhim82 > 2014-09-22 14:01 | Report Abuse

Thanks yoda88 on IFCAMSC-WA.

Posted by ProfitMan > 2014-09-22 14:17 | Report Abuse

tsy88 - you have asked a very relevant and good question. Firstly, we just recap back Matrixcool's often quoted 4 stage cycle:

Stage 1--Accumulation stage
Stage 2-Mark up stage
Stage 3--Distribution Stage
Stage 4--Mark Down stage.

Pullbacks can occur in any stage. However, it is more prominent in Stage 2 or Wave 3 to EW (Elliot Wave) followers, because this is the most bullish and the most actively traded stage. It is also the stage where the price will trend the longest. As such you will see bigger pullbacks and more frequent pullbacks here simply because of the nature of this stage.

But as long as you are riding on profits, you are to set a trailing stop to protect your profits no matter which stage of the cycle you are trading in.

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Posted by tsy88 > Sep 21, 2014 05:24 PM | Report Abuse

Dear TCB - just need some clarity.

From what I gathered do far, there are 4 stages
Stage 1 - rectangle trading pattern within a specified trading range
Stage 2 - bullish, breakout and trending up
Stage 3 - bearish and correcting,quite volatile
Stage 4 - distribution

Not sure if I am correct in stating the above.

It is often stressed and indicated that for Stage 2, one have to set a trailing stop in case of a big pullback. Does this big pullback happen very often and why only confined to Stage 2? Am puzzled by this.

Hope my question does not sound odd or meanimgless.

Posted by sunflower22 > 2014-09-22 14:20 | Report Abuse

Totally agree with dunknow and ss161m...

TCB is the greatest and superb ! Thanks and thanks. . for their contributions.

Posted by yoda88 > 2014-09-22 14:25 | Report Abuse

damagpie-AZRB
jennylee1382 > Sep 16, 2014 11:19 PM
yoda88
which is another water counter?
Hi Jennylee,another water related counter and one of the player in the MRT project, its downside is very limited at this junture.Strong supports can be seen at 0.76 level and once the 0.78 level is broken with volume, it might scale to retest 0.81.Watch for its trigger point and momentum.I'm looking at the warrant which is very attractive at current price.
Happy trading.

AZRB is current holding well after a pullback since the gap up.Its trading above the 20MA and once the water issues are solved, high possiblity AZRB will scale higher. There were a couple of buy calls for the past weeks on some main stream papers ( chinese ).Downside risk is very limited at this stage.Technically wise resistance can be found at 0.76 and 0.79 with a strong resistance at 0.81. If it manage to scale above 0.81 with volume which is the upper band it might retest the high of 0.865. Immediate suppports can be found at 0.745 and 0.73. Suggest a stop loss if 0.72 is triggered.
Happy trading.

Posted by bighunter > 2014-09-22 14:32 | Report Abuse

hi Yoda88, i notice AZRB wa is trading at 50% premium, is it not very high/over price at this juncture? TQ for advise

Posted by KLSC > 2014-09-22 15:13 | Report Abuse

Dear Sunlight,

Thank you very much n appreciated ur hard work on read for Fitters. Happy trading!

Posted by ProfitMan > 2014-09-22 15:25 | Report Abuse

R177 - Just to inform that we have done an Update Analysis on Tekseng and posted it in the Stock in Focus blog in view of the many request for it. Kindly refer to it at http://tcb-sifs.blogspot.com/.

As for Fitters, sunlight just did the reading yesterday which you can refer to. We are very happy you profited from Tekseng and hope you will do likewise for Fitters.

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Posted by RI77 > Sep 20, 2014 08:27 AM

Dear TCB,
Can you update your Stock In Focus for:
a) TEKSENG
b) FITTER
I have made money in TEKSENG when you first published in your Blog. I re enter again seeing another Flag is forming based on my limited TA knowledge.
Fitter I have bought in at $1.35 earlier and still holding.
Your guidance is much appreciated.
God Bless.

Posted by yoda88 > 2014-09-22 15:33 | Report Abuse

bighunter-AZRB
Yea agree with you its a bit pricey but the plus point is the very long maturity and high possiblity will move once the water concession is approved.Always trade with a plan.

Posted by bighunter > 2014-09-22 15:38 | Report Abuse

Thank you very much, Yoda88. I hv collected some mother shares at 69.5 n stil eying to top up

Posted by cityplus > 2014-09-22 16:19 | Report Abuse

Dear TCB,

Appreciate if any guru here can help to provide TA for GBH and GBH-WA, many thanks in advance :)

Posted by tsy88 > 2014-09-22 17:59 | Report Abuse

Profitman - thanks for the explanation on the 4 stages and in particular Stage 2 and its effects. Appreciate.Very clear now and yes,should always set trailing stops to protect our profits.

Posted by ProfitMan > 2014-09-22 19:36 | Report Abuse

lady77 - YFG:

Sideway trading in a rectangle with the upper rectangle line at 0.13 as the resistance and the lower line at 0.105 as support. Any increase in price will face selling pressure due to the overhang on the stock. We usually avoid trading such stock.

Posted by ProfitMan > 2014-09-22 20:21 | Report Abuse

Posted by ProfitMan > Sep 22, 2014 08:20 PM | Report Abuse X

annie24 - KTB:

After hitting a high of 0.57 on 19/9, the consequent bearish engulfing candle signaled a bearish tone in the stock. It gapped down on 22/9 on high volume. Its current support levels are at 0.41 and 0.35. The gap resistance of 0.505/0.53 poses an immediate resistance. The selling may not be over and you can probably expect more selling on this stock probably triggered by its capital reduction and rights issue exercise. Please note that the company had recorded reduced profits in June 2014.

Posted by helang008 > 2014-09-22 20:32 | Report Abuse

Dear TCB,
Profitman
Goldbless88
Stay_foolish
Capt jack sparrow


really appreciated your afford on TA explanation and personnel advise. now need to re-position all the on hand stock, i try to gather some
FA as recommended now..

but could you advise the further outlook of SMRT (1117) as today seem some turnover appear, what your comment on this ?

many thanks in advance.

Posted by lady77 > 2014-09-22 20:38 | Report Abuse

Thank you ProfitMan on your reading of YFG.
Really appreciate it.

Posted by ProfitMan > 2014-09-22 20:51 | Report Abuse

helang008 - SMRT:

This stock has been in correction and the bullish harami of 18/9 offers a hint that it may be due for a price reversal subject to confirmation. It has found good support at 0.77. A break in the resistance of 0.865 with volume would confirm the price reversal. Yes, you are right that there was an increase in trading volume on 22/9 although it is still below 30days MA Volume. This is a healthy sign though but needs to be followed through with increasing volume over the coming trading sessions.

Sometimes, if you are stuck with a stock for a long period of time and its fundamentals are not improving by leaps and bounce, you may want to consider selling to release capital for other profitable trades. Just to share with you some alternative thoughts on such stocks although the trading decision rest solely with you.

Posted by matrixcool > 2014-09-22 21:06 | Report Abuse

Lady77,

ECOFIRS—Weekly Chart—Trading inside the Uptrend Channel. It is very likely to re test its immediate support of $0.335/$0.32.
Daily Chart—Sideways movement with downward biased.Short term consolidation looks over if $0.335 stays. Formed a Doji today implies indecision which needs further candles for confirmation.A break above $0.355 should take it to $0.37/$0.38 level which do not it can break above these levels during this period.A break below spell trouble and Stop Loss if $0.32 is violated.

Happy Trading

Posted by Jerry DS > 2014-09-22 21:38 | Report Abuse

Dear TCB,
Appreciate if you can provide some TA and FA on following:

1. MMSV
2. REDTONE

Thanks in advance.

Posted by helang008 > 2014-09-22 22:43 | Report Abuse

Thank you ProfitMan on your advise,,

doubts :
" still below 30days MA Volume " what is the volume that you refer to?

" always there refer to some price support at bla bla bla, it refer to closing price or the day price
(example in this case, strong support at 0.77 , if the trading day hit below 0.77, but closing price was 0.79. do it consider break the support price of 0.77) ?

"Sometimes, if you are stuck with a stock for a long period of time and its fundamentals are not improving by leaps and bounce, you may want to consider selling to release capital for other profitable trades. Just to share with you some alternative thoughts on such stocks although the trading decision rest solely with you."

yeah, i do 100% agreed that.

Posted by matrixcool > 2014-09-22 22:58 | Report Abuse

Winwinborn,

GADANG---It is still trading below its immediate downtrend line, but with a possibility of more rebound after finding low of $1.70 lately. Any rebound should find immediate resistance at $1.78 if breaks should find strong resistance at $1.84. Any further weakness and if break below $1.70 should find strong support at $1.62. Stop Loss if $1.62 is violated.

Happy Trading

Posted by lady77 > 2014-09-22 23:00 | Report Abuse

Dear Matrixcool,

Thank you on your insight on Ecofirst. Really appreciate it.

Happy Trading.

Posted by yoda88 > 2014-09-22 23:07 | Report Abuse

belkg-Sanichi
Notable movements seen and share may continued to scale higher since its in bullish mode. As reported in the edge PMB had acquired about 5.2% into sanichi. Resistance can be found at 0.15, 0.16 and 0.17. However, with a doji on closing the shares might pull back on profit taking and consolidate.Immediate supports 0.12 and 0.11.
Suggest a stop loss if 0.10 is violated.
Happy trading.

Posted by jm678 > 2014-09-22 23:16 | Report Abuse

Profitman, Good evening.

Actually SS661M's suggestion is very beneficial for many of the newbies like me. As you said it will be too tedious to give charts everytime when TCB give advice. Will TCB consider to give more details at "Stock in Focus" on the analysis and how the concluding advice being arrived at? Stage analysis is widely engaged by TCB. Including the relevant MA line in the Fitters and Tek Seng charts with some narratives will definitely help.

Please consider. Good night.

Posted by yoda88 > 2014-09-22 23:22 | Report Abuse

johhny cash-Benalec
After dropping to the low,shares are consolidating and drifting side ways.Benalec's share prices were grossly oversold.Watch for volume and momentum to confirm a technical rebound. Further upsides are targeted at 0.935,0.96, and with a long term objective of 1.00. However, any retracement back to 0.92 could see further selling pressure towards R0.905. A Cut loss at 0.89 level.
Happy trading.