"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 .
Wanekem,Good morning TA specialist,Profitman,tsy88,inwest88 & duit duit....wishing a wonderful trading today...Dow looks good...KLCI oledi down 2 days...hope to see GREEN GREEN today
Dunknow - good morning. Yesterday afternoon most stocks up! Efficiency set new high. Ygl also new high and also Carepl. Yeah, today green, green, green. Have a profitable trading day ahead !!!
Inwest88 - good morning. Dow initially down but managed to go back up at the close. Ircb, Bornoil and Skp Res almost up everyday setting record highs. Dare not chase. Hope uou are reaping gains. Happy trading !!
miapancho-IRCB IRCB remain positive despite weak mrkt sentiment today. The upward momentum is still intact as share prices are trading above the upper band.Poised to retest 0.77 and 0.78 and 0.80 levels.Supports can be found at 0.75 and 0.73. A stop loss if 0.71 is triggered. Happy trading.
We take this opportunity to thank you again for all your constant support of our blog. We wish you a very profitable trade in the market today. As always, please remember to traDe with Discipline.
good day to you,bro profitman....may I know what's your opinion on the klci? keep on dropping for 4th day ... & it's just consolidation or something is not right?
tsy88-HIL The last couple of days surge in share prices shows an overbought situation with a spinning top candlestick appearing at the upper band which trigger a possibilty of a technical correction in near term.However, watch tomorrow's momentum of the share as it could be a possible pullback for today since the market sentiment was weak.If the uptrend continues, immediate resistances can be found at 0.885 and 0.905. Immediate supports are located at 0.795 and 0.785. A stop loss if 0.745 is triggered. Happy trading.
It has broken out from its downtrend resistance line on 4/11 with volume. However whether this breakout is sustainable or not would depend on its movement over the next 2 to 3 trading session. It needs to take out its immediate resistance at 0.135 and then 0.145 and the strong resistance at 0.165. The stock has bottomed out at 0.10. Immediate support is at 0.125. You may want to cut loss at 0.12 if the trade goes against you.
Dunknow - I believe the KLCI is undergoing a healthy correction. It has been trending up since 17/10. So, a breather is a welcome sign. I can't see any external factors that would severely impact negatively on the business of most companies except for the O&G sector. Perhaps, the decreased in profits in companies like Petronas Dagangan may have affected the overall market sentiment resulting in most investors locking in profits first.
TraderR88 - The uptrend line has not been violated but it is still under correction. It rebounded off its current support base at 0.515 and is still under consolidation facing stiff resistance at 0.575.
@Profitman - thanks for the reply!! :) I bought last week at breakout, guess i have to hold a little longer, waiting for it to break its resistance....
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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 .