"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 .
Trading in an ascending triangle which has bullish implications. Will turn bullish if it breaks above 0.89 with volume with an immediate TP of 0.96. Immediate support is at 0.80 with further support at 0.765.
Broke out from its rectangle trading on 11/11 when it penetrated the resistance line of 0.14. But came under profit taking activities and it is yet to confirm if this breakout is sustainable. The support is now at the gap support of 0.13/0.135 which if it fails to hold will fall back to the support at 0.11. Will need to break the immediate resistance at 0.17 in order to trend higher.
Dunknow/inwest88 - good morning! Despite overall bearish sentiment,there are stocks bucking the trend like Jaskita given by Matrixcool which was spot on! Have to be very selective in trading. Hope you reap gains.
hi morning tsy88,inwest88...yeah,thanks to Matrixcool for his continous effort,he is really generous!...in the meantimes,i am agreed with inwest88,it's not so good times for trading,we can be selective,but has to be really selective....good morning to all TA specialist
michaelwoo - Good afternoon. We do not provide any tips here and neither do we email tips out. However, you can request Matrix via a post here to him to include you into his mailing list as he does share his trading stocks.
inwest88, tsy88, Dunknow, sunflower22 and all - Good morning and we wish everyone a good weekend. Weekends with no market activities would be a good time to spend quality time with your family, close ones and friends. Cheers!
taka - Alam stage 4, bearish. Still in down fall and haven't overcome it's downtrend line yet. Support level at 0.80 and 0.755. Resistance level at 1.01 and 0.985. It must break 1.11 for a meaningful price reversal to take place. Stop-loss if 0.755 is violated.
novice8 - OKA currently lack of volume/momentum and retesting its uptrend channel. It has a symmetrical triangle pattern which its breakout point is at 1.14. Support level at 1.08 and 1.05. Resistance level at 1.14 and 1.17. If it were to break out and maintain above 1.14, it will retest 1.17 and 1.22 resistance level. Stop-loss if 1.05 is violated
novice88 - MUH form a flagpole pattern on 17/10 but is unable to break out from 1.94. Now it's under consolidation with a range of 1.94 and 1.63. Gap support level are 1.63 and 1.55. Resistance level at 1.94 and 2.02. Stop-loss if 1.55 is violated.
Still trading within the downtrend channel. Seems to have found some good support at 0.425 but faces resistance at the gap resistance of 0.435/0.44. You may want to consider a stop loss at 0.415. It has been trading sideways for the past 1 week.
---------------------------------------------------------- Posted by layyf > Nov 12, 2014 05:23 PM
Good evening TCB, can you guys please help read SONA?
Remains bearish. Although it is trading sideways recently, it may not be out of the woods yet. Immediate resistance is at 3.03.
-------------------------------------------------------- Reading on Nov 9, 2014 05:55 PM :
It is bearish. Immediate resistance = 3.25. Selling pressure is still strong and the selling may not be over just yet. It is currently trading at one of its tp of 3.09. If it breaks down from here, the next tp is 2.96.
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 .