"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 .
Alpha Trader - thank you for the alert. I have been a keen follower of your blog and your write ups which I think is very well thought out, well researched and well analyzed.
Cityplus-GBH GBH is currently downtrending and trading sideways after the surge on the 3Sept. It has found a base support 2.27 level and is under consolidation. Any rebound need confirmation with volume and failing to breach 2.32 level could prompt a pullback and further consolidation.Immediate supports can be found at 2.19 and 2.10. Suggest a stop loss if 2.00 is triggered. Upon rebound the resistance can be found at 2.56 and 2.82 levels. Happy trading.
Jerry DS-Redtone Share prices are expected to climb higher in near-term as daily chart are in positive region. Noticeably, reading from all oscillators shows that share prices are gaining bullish momentum. Price divergence and accumulation are noticeable.Further upsides are targeted at 0.825,0.835 with long term target price of 0.86. Immediate supports are 0.805 and 0.795 whereupon suggesting an exit if 0.78 is breach. Happy trading.
Inwest88 - good morning. Presume you had another good trading day yesterday. Made froma a lot of counters yesterday thanks to Matrixcool's alerts. Dow up so much yesterday. Index should be green whole day.
Inwest88 - made from Goodway, Ireka, Awc, Ocncash and Kssc. Yet to clear Opensys. Take a look at Bpplastic. Looks like setting new high. Have another productive day with gains!
Only Myeg performs well, SHL up then down, yilai up and down too, another one to watch out is taliworks, it has broken RM2, rumour is asset injection, don't believe me, do your own analysis
"Posted by tsy88 > Sep 25, 2014 08:02 AM | Report Abuse
Inwest88 - made from Goodway, Ireka, Awc, Ocncash and Kssc. Yet to clear Opensys. Take a look at Bpplastic. Looks like setting new high. Have another productive day with gains! "
Cityplus-GBH GBH is currently downtrending and trading sideways after the surge on the 3Sept. It has found a base support 2.27 level and is under consolidation. Any rebound need confirmation with volume and failing to breach 2.32 level could prompt a pullback and further consolidation.Immediate supports can be found at 2.19 and 2.10. Suggest a stop loss if 2.00 is triggered. Upon rebound the resistance can be found at 2.56 and 2.82 levels. Happy trading.
Yongyou - just saw your alert on Kpscb. I normally do not see this thread during trading hours. Only when I reach home, then I will get back to see news flow and updates in this thread. Thanks so much. Appreciate your informing me. Did not get to see this counter moving up after market close. Hope you are doing fine and profitting from trading.
Stage 2 of Market cycle which is very bullish. It breakout from Bullish Pennant on 18/09 which has immediate target of $1.29/$1.30 and beyond. Any weakness due to selling down will test support $1.03 and strong support at $0.955. However, when the share price scale higher, the volume is decline which formed Price/Volume Bearish Divergence. Same goes to Price/RSI as well. Of course Bearish Divergence doesn't stop the share price scale higher. Just need to be cautious on it and raising your Trailing Stop to protect your profit.
Stage 3 of Market Cycle- Distribution which the price can be volatile. The price is expected to trade between $0.25 and $0.29. A break above $0.29 will breakout from Rectangular Trading for almost a year which indicate Bullish. TP 1 is 0.335 and TP 2 is 0.40. A break below $0.25 may further test $0.23. Cut loss if $0.215 is violated
Stage 1 of Market Cycle. It is expected to trade within a Rectangle between $0.165 and $0.22 in medium term. Need to break above $0.195 to test strong resistance $0.22. Support 1 at $0.165 and stronger support at $0.155.
tsy88 - I would rather take a cautious stand as market yesterday seemed to be lacking strength . I sold my balance 50% of Nihsin to lock in profits and 5 other counters but just bought one THHeavy
Has broken out from its rectangle trading on 12/9 and attempted a bullish move but is now consolidating between the support of 0.115 and the resistance of 0.13/0.135. May likely trade sideways in the near term. You may want to consider a stop loss at 0.10.
Trading in descending triangle with a 0.47 support. A break in resistance of 0.50 with volume would signal a potential price reversal. In the short term ,it will likely trade within a tight range between 0.48 and 0.50. Recommended stop loss is 0.46.
Kingston1 - MMSV: The candle on 24/9 was not a black candle and it traded on the 2nd highest volume of the recent weeks. There were profit taking but it seems to be well absorbed. In fact, it is holding above 0.50 pretty well so far. We can't tell if the big boys are out from the chart. and also, the chart did not exhibit any bearish reversal pattern so far.
------------------------------------------------------------------------- Posted by Kingston1 > Sep 25, 2014 11:53 AM
Hi, I noticed mmsv with highest volume ever with long black Candle yesterday. Sell signal? Big boys are out of the game?
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 .