Mohd Alwi - nexgram:
After an uptrend it's now currently trading inside a rectangle between, 0.11 and 0.125. Support levels are 0.11 and 0.101, resistance levels are 0.125 and 0.135. If there's a breakout from the resistance level 0.125 with volume, it will retest it's next resistance level, and shall resume it's uptrend movements. TP at 0.15 and 0.165. Stop-loss at 0.09.

livermore - ideal:
Have a resistance level of 0.315 and 0.355, support level of 0.265 and 0.22. It's now consolidating in between 0.265 and 0.315. Any breakout from the resistance level of 0.315 will re-test it's 0.355. Stop-loss at 0.22.

Happy trading~

skyland - SEAL:
Bullish. Have a support level of 1.21 and 1.1, resistance level of 1.4. If it broke out from 1.4 with volume it will go to an uncharted region. On weekly chart, it's shown that a spike formation, but need to see the condition for a few days, if it's confirmed to be a spike formation, the price will either drop or consolidate. TP of 1.57 and 1.67. Stop-loss/trailing stop at 1.00


bonus - PASDEC
The scenario basically remain quite the same.
Support level: 0.77/0.76 and 0.65
Resistance level: 0.84/0.85 and 0.93
It's now consolidating and if there's any break from the support level of 0.77/0.76 it will re-test the support level of 0.65.
Stop-loss/Trailing-stop: 0.73

Posted by Lz Lee Weiping > Jun 27, 2014 12:46 AM
bonus - PASDEC:
Have a support level of 0.76 and 0.65. Resistance level of 0.80, 0.85 and 0.93
Judging from the increasing volume MA and the price trend from 18/06 to 26/06, the price trend will most likely fall due to a lot of support for the current price movement. Most likely is panic sell. Stop-loss or trailing-stop at 0.73.

Happy trading~

skyland - EFFICEN:
Have a resistance level of 0.225/0.230 and 0.205, support level of 0.185 and 0.175. If it couldn't break the resistance 0.205 it might consolidate and it must stay above 0.185 to be an uptrend. If it breaks the resistance level of 0.225/0.230 it will try to reach the TP 0.245 and 0.260. Stop-loss/trailling stop at 0.165.

sunshine96 - PASUKGB:
Have a resistance level of 0.195 and 0.200, support level of 0.175 and 0.180 (very strong support level). It was trading in a rectangle since Nov 2013 until June 2014 but it breakout from the rectangle with volume on 23/06/2014. Now it's re-testing the resistance level of 0.195, if it successfully break this resistance level and 0.20 it might go and re-test resistance level 0.22 and 0.24. Stop-loss at 0.155.

siena - SYCAL:
Symmetrical triangle formation, but there's no any confirmation for any breakouts yet. Have a resistance level of 0.42 and 0.435, support level of 0.40 and 0.38. There's weakness in this stock, it's now re-testing it's support level at 0.40. Stop-loss at 0.345.

Happy trading~

hareshl2003 - IJACOBS:

Currently bullish, with support level of 0.39 and 0.35 and resistance level of 0.44. If it breaks the resistance level with volume above volume MA it will go to an uncharted region or else it will consolidate. TP is 0.495 and 0.53. Stop-loss or trailing stop at 0.3.

CautiousTrader - MULPHA
Consolidating between 0.41 and 0.44. Support level of 0.44 (resistance turned support) and 0.435, Resistance level of 0.465 and 0.455. It has already breakout from the consolidation and the breakout volume is not really high, might need see how's the movement on monday. If true breakout, it will re-test it's resistance level of 0.465, if not it will get pullback and consolidate again. Stop-loss at 0.40. Immediate target of 0.47.

Happy trading~

hareshl2003 - IJACOBS

Currently bullish. Immediate support level of 0.415 and another support level of 0.39 and 0.35. Resistance level of 0.44. If it broke the resistance of 0.44 with volume it will go to an uncharted region. TP 0.495 and 0.53. Stop-loss/trailing-stop at 0.3.

ck - OPENSYS:
Have a support level of 0.375 and 0.345. Resistance level of 0.41 and 0.415.
Might go into consolidation, judging from the price and volume.
If it breaks 0.415 with volume it will head to an uncharted region.
TP is 0.475 and 0.51
Stop loss is 0.32 (gap support).


bonus - PASDEC:
Have a support level of 0.76 and 0.65. Resistance level of 0.80, 0.85 and 0.93
Judging from the increasing volume MA and the price trend from 18/06 to 26/06, the price trend will most likely fall due to a lot of support for the current price movement. Most likely is panic sell. Stop-loss or trailing-stop at 0.73.

*I personally bought this stock at 0.62 and mostly will going to sell it if it drops below my trailing-stop to protect my profit.

amunia - MINHO

Today's breakout volume was low..might go back on trading in between 1.13 and 1.05.
support level are 1.05 and 1.00
resistance level are 1.14 and 1.28
If it stayed above 1.14, it will going to retest the resistance level.
If it breaks 1.28 it will go to an uncharted region.
TP is 1.41 and 1.50.
Stop-loss at 0.935.

SPRING - BORNOIL

Have a support level of 0.635 and 0.625, resistance level of 0.66 and 0.675.
Today's breakout from the resistance doesn't seems to be convincing, as accompanied by lower volume. Price/RSI on daily chart from 10/06 to 24/06 it shows bearish divergence. It must stay above 0.66 to become an uptrend. Stop-loss at 0.58

winwinborn - IRIS

Still trading inside rectangle with support level at 0.41/0.40, resistance level at 0.445. have to break 0.47 for further uptrend. Stop-loss if 0.40 is broken.

Posted by profitman > Jun 8, 2014 09:32 PM
Iris:
Update analysis: Broke out of its rectangle pattern on 28/5 with volume but the breakout was unsustainable. It has now slipped back into the pattern under selling pressures. Immediate support remains at 0.40. Still need to clear 0.435 consistently and the important resistance to overcome now is 0.46 before it can trend higher.
Currently trading under the corrective wave 2. A sustainable bullish breakout with volume from this phase will launch it into the bullish wave 3.

Earlier analysis on May 23, 2014 for ck:-
Immediate Support: 0.40
Immediate resistance = 0.435
Consolidating in a rectangle. If break 0.435, will test its next resistance at 0.51 while a break below 0.40 will see it trend lower towards 0.325. It is in the correction phase.

KLSENEWBIE - LUSTER:

Currently trading in a rectangle in between the resistance level of 0.115 and support level of 0.1. The next support level is 0.085 and the next resistance levels is 0.13 and 0.14. If it's to break from 0.115 with volume it will retest it's next resistance. stop-less at 0.085.

aikwais - I have post your request on YINSON
Additional info: 5.33 is the neckline for this stock, if it's break 5.33 it will be a price reversal, and for a trend reversal to occur it must stay above the neckline.

Just wanna share some stocks that I going to look at for these few weeks.

PANTECH:
Currently Bullish, after the formation of island reversals on 23/01 breakout on 10/04. Which is a trend reversal. Plus, it have breakout from ascending triangle on 19/06. And now it has formed a harami which we can say is there's a loss of bullish momentum.
It's Support level are 1.02 (strong support level), 1.04 and 0.985. Resistance level of 1.08, 1.11 and 1.16. Stop-loss at 0.975.

D&O:
Upwards breakout from symmetrical triangle on both daily and weekly chart, but the volume for the breakout is not high. plus on the candlestick on 20/06 has formed a harami too. Resistance levels are 0.395 and 0.415. Support level are 0.365, 0.345 and 0.33. TP is 0.44/0.45 and 0.48. Stop-loss at 0.33.

SCABLE:
After a long downtrend, this stock have formed an island reversal on 26/05 and a breakout with high volume on 16/06. This may seen as a trend reversal as seen on MACD which is currently in bullish mode. Support levels are 1.49, 1.47, 1.45. Resistance level of 1.55 and 1.58. Stop-loss at 1.45.

YINSON:

Have support levels of 5.00, 4.91 and 4.65; Resistance level of 5.25, 5.32 and 5.56
On weekly chart, MACD shows bearish momentum, but then the candlestick on 23/05 have a long tail, accompanied by high volume, might indicate a trend reversal.
On daily chart, the price is now trying to break the resistance levels of 5.25 and 5.32. If it's not successful probably will go into consolidation and will be trading in between 5.25 and 4.91.
Stop-loss is 4.6.

profitman - very impressive write up on Sona. Thanks for the info =)

MENTIGA:
Ascending scallop formation which indicates bullish momentum, it have a support levels of 1.13, 1.08 and 1.05; the resistance levels are 1.25 and 1.31. Usually, a buy signal is triggered when the price bottoms after retracing from the peak. By using the measure rule, the estimated breakout from the peak, 1.31, is 1.52 and estimate breakout from the valley, 1.00, is 0.78. Stop-loss at 1.00.

L&G
This stock have a support levels of 0.55/0.54 and 0.51 and a resistance levels of 0.585 and 0.625. It forms a descending triangle with a base of 0.54, this indicate a bearish momentum. After breakout from it's triangle on 16/06 it couldn't overcome the resistance of 0.585. So now it's trading inside a rectangle which is between 0.54/0.55 and 0.585. Stop-loss at 0.50.

SEAL
Bullish. Have a support levels of 0.945, 0.855 and 0.76. Resistance level is 1.02. If it break the resistance level of 1.02 it could head for an uncharted region. A doji has formed on 20/06 which signified indecision of the trades. TP is 1.1 and 1.16. Stop-loss at 0.75.

lottolearn

MELATI:
-bullish, breakout from a small rounding bottom
-the breakout point was 1.32
-support level of 1.34, 1.32 and 1.29
-resistance level of 1.42 and 1.4
-if it breaks 1.42 with volume then it will head north to an uncharted region
-if the resistance can't be broken it will probably consolidate
-TP is 1.4 and 1.46
-stop-loss at 1.12

BAHVEST
- bearish
- formation of rising wedges on weekly chart in mid of May 2013 until early of October.
- breakout during early of october
- support levels are 0.95, 0.93 and 0.845
- resistance level are 1.05, 1.09
- stop loss at 0.845

for the stock DESTINI it should be ascending triangle not descending triangle type. sorry for the error.

Here's some stocks that I'm looking at, hope you guys can give some opinion on this.

DESTINI:
-descending triangle, broken it's resistance 0.675 today with volume with a high of 0.725
-supports levels are 0.705, 0.675 and 0.645
-using fibonacci extension the TP will be 0.77/0.78 and 0.805
-MACD and stochastic shows bullish nature.

SONA:
-weekly chart shows double tops formation with a high of 0.62 and with a low of 0.475
-broken support level of 0.515
-has a resistance of 0.535, 0.555, 0.62
-support level of 0.5 and 0.485

ABRIC:
-hammer formation on 17/06/2014 with high volume (higher than the Volume MA), which indicates that the bulls are strengthening.
-broken it's previous high of 0.565
-supports level are 0.525 and 0.45
-TP are 0.625 and 0.665

KPSCB
-double tops formation on 27/03/2014 and 21/04/2014, with a resistance level of 0.59 and support level of 0.535.
-the support level on 0.535 is broken on 26/05/2014 and it has a significant decrease of 6.5% or 0.035 to 0.5, which is the current support level.
-resistance level are 0.55 and 0.59.
-failure to break at 0.59 will cause the formation of triple tops which is bearish in nature.

KTB
has already breakout from symmetrical triangle since 13/06/2014 and today has reached a high of 0.335. Most likely will try to challenge it's long-time resistance(year 2010) which is 0.35. Supports level are 0.275 and 0.255.

mc_wei
sorry for the mistake that I have made in the explanation, my bad, and thanks for pointing out.
and in my opinion i don't think that that's a cup and handle because it doesn't really form the erm...deep "U" cup shape..

Pathew:
for 28/01/2014 Special Dividend DIVIDEND 8 : 100 12/02/2014
the gap already closed so it's okay..
but for 04/11/2013 Special Dividend DIVIDEND 118.93% 18/11/2013, which is kinda weird for me because for a company to give out 118.93% of it's earnings to shareholders which is unusual, normally company will give out less than 10% of their earnings as dividend if i'm not mistaken.
e.g. like your salary is RM1000, then you give 118.93%..let's say your kids...meaning that you don't have money for further development that's why share market price drops after dividend was given.

Pathew,
Dead cat bounce chart-pattern is a chart-pattern that decline with a huge gap/dramatic decline which ILB have shown in 15/11/2013 and 18/11/2013. And it will some how bounce, to close the gap..but then fails to do so..and will decline again.
and got a smaller dead-cat bounce at 11/02/2014 and 12/02/2014.
it's like a dead-cat lying at there...jump one time then fall..then dead again..then jump again..hence they call it dead-cat bounce.
ILB is currently trading in between 0.7 and 0.8. Although the price seems to be fairly increase the Accumulation/distribution vol is decreasing..meaning that it's a bearish divergence.
for me, there is not much that can be said for trading the dead-cat bounce, what normally people will do is wait for the bounce then sell.

As for today, price seems to be gap up seems that it has the possibility to re-test it's previous high of 0.92.

ILB for me is a dead cat bounce chart-pattern.

for me i will put my cut loss point at 0.29..cause the strong support levels is 0.295.

Psintek:
have a evening star at 21/04/2014 with volume, which is a trend reversal.
bearish at the moment, break ascending triangle with volume and with gap.
gap resistance is 0.335 and another resistance is 3.5.
supports levels are 0.31 and 0.305.
but the accumulation/distribution converged, this stock might go bullish soon.

PANSAR
trading in between 0.5 and 0.48/0.47..strong resistance at 0.5.
Generally this stock looks bearish to me
It's forming a big symmetrical triangle.
On 02/06/2014 this may seems as a tail, but the volume is not high enough..so most likely it's not a trend reversal and might still trade in between 0.5 and 0.48/0.47

TCB please have a look on CRESBLD

CRESBLD:
I would say that this stock is bullish since may 2013, but it's consolidating since nov 2013 until now. It's trading between it's support and resistance level of 1.49 and 1.58 respectively, and it's next support level is 1.46. Judging the volume i think it will still be consolidating. If breakout with volume at 1.58 means this stock will head north to an uncharted area.

DESTINI:
Ascending triangle with a resistance of 0.675 and today it has broken it's resistance but the volume is under volume MA. Most probably it will try get pullback to the triangle again or it will try break its next resistance at 0.705 after it breaks 0.705 it will go to an uncharted area. In my opinion I think it will get pullback into the triangle again cause the volume is not high enough,

ProfitMan - about the counter AirAsia i don't really see where's the price/acc dist vol divergence..could you please show it to me?

Thanks

matrixcool - I'm aware that everyone read TA differently, that's why I would like you guys to share your opinion/thoughts about it, so that I could learn and see what did I actually miss on the TA.

This is some random stock that i pick up to do analysis hope you guys try to help up the things that i miss. Thanks for the encouragement and the guidance.

AirAsia:
triple bottom with the resistance of 2.18, on 27/12/2013, 04/02/2014 and 06/05/2014. The volume generally were decreasing. The support level of the triple bottom is 2.57/2.55. There's a breakout at 22nd and 23/05/2014 with volume but then it's being pull back it seems like it's going to retest the resistance level 2.55/2.57.

Pasdec:
have a gap resistance of 0.6..and it forms like an ascending triangle with a resistance level of 0.58. Volume are generally decreasing throughout the triangle except the point where it had a breakout. at 26/05/2014, it seems that it has breakout the triangle and now it's in bullish state, and will try to break the resistance of 0.6 and the highest resistance of 0.63.

PJDEV:
have a resistance of 1.61/1.62, and highest resistance is 1.63 seems like a ascending triangle but then the horizontal line 1.61/1.62 doesn't really touches that much of the candlestick. have a support level of 1.57 and 1.52, it seems like the trend will still consolidate judging from the volume.

SOLID:
in my opinion this stock have a resistance of 1.02 and supports are 0.91 and 0.87.
there's a MACD bearish divergence from 19/03/2014 to 03/06/2014.
plus in my opinion when a stock price is going up and the volume is decreasing, prices will either increase at a slower rate or start to drop.
plus when i viewed weekly chart, the MACD seems to be flat, Stochastic and RSI have started to drop. So i think this stock will enter a bearish state if the support level of 0.91 and 0.87 are being broken.

dear TCB can help on ALAQAR?

had a trend reversal in 16/01/2014 (long candle tail), and now it's trading in a rectangle which had a strong support at 1.35 and a resistance of 1.4. But then it seems to me that it's also trading in a big triangle which has the support level of 1.3 and resistance level of 1.4 since the year 2013.

dear TCB can help on this two stock: MAHSING, SAPIND

MAHSING:
29/08/2013 and 27/01/2014 forms a double bottom
and now it's in stage 2 of cycle uptrend but consolidated between the range 2.25 and 2.30,
the next resistance is the at 2.37 which is a gap resistance and the 3 resistance is 2.5 which is the middle top of the double bottom formed.

SAPIND:
going to be a downtrend i guess...because of the harami candlestick formation.

dear TCB, can you help on UCHITEC?

here's my analysis:
it has a resistance of 1.45 and a support level of 1.42...it has been trading in this rectangle since early of april until now..so i guess that it's in the stage 1 of cycle.
and i noticed that it got a long candle on 30/05 and high volume does it have any significant?

PRESBHD:

Downtrend probably going to trade in between the resistance level of 2.04 and support level of 1.735, if the gap is closed approx 1week.
MACD and Stoch indicators for daily and weekly basics shows downtrend and bearish momentum.
that's my analysis><

matrixcool, you're welcome.
would you mind share to me how you actually define a stage within a cycle?
thanks

Dear TCB can you please help check on Glomac and SAPIND
I'm also learning TA, so please comment and guide me as well.

GLOMAC:
To me it's bearish is currently undergo a pullback to it's 1.06 support level, and i noticed that there's a candle "tail" on 26/05/2014, could be a reversal of downtrend.

SAPIND:
trying to break it's resistance at 1.67 and i noticed that there's a MACD divergence, from 10/04/2014 to 28/05/2014 where the candlestick is higher high, but the MACD line shows higher low.

this is what i can get so far.

Dear TCB,
i would like to know that is it IGBREIT shows the chart pattern of double bottom?
thanks

Dear TCB,
can you help me on these 3 - KRETAM, TDM and THPLANT?
Thanks alot =)