@hotstuff, my purpose is to share my opinion on what i see from the TA side

if you want to have better stock, go for uptrend stock that are still on uptrending line even when market are weak

retrace not more than -15% from high, not breaking fibo 0.618, still above 150ma and have profit growth in the next qr

these are some indicators which can help you trade good counters

@joyvest, IDSS “reverse position” was your assumption only, you must check idss trade data then only can tell, if you dont know where to check, pls learn from you dealers reps

do you know why today vol is 690m, over its available shares 640m??

pls do the math

30c break, the way it look, hard to stay above 30c in the afternoon till close

you need superman help to push it up with cash >60m

bursa has been rallied for more than a month, this week until next couple week will be bearish market, loses will always outright winners

yes you can still make short trade profit but winning chances will be lower

CNY is coming, green will be short, red will be long. This week and next week are for cashing out money for shopping and holidays

buy rate now at 65%, once buy rate fall below 50%, game over for above 30c

the price now 31c, price break below 30c, punters will run.. get ready

The bleeding stop for a while so it can bleed more punters, at the end of the day operator will always win.

Why? bcoz they already do the math way before they goreng.

@paktua, still wanna play old game meh? Ha ha..

SCIB survive for than 48 years but the trader bought its shares also has gone missing for years

Go join to Karim’s group of SCIB/Kpower/Serbadk, then you know the real story. SCIB might help them a bit but those at SCIB-WB already RIP

scib price was 53.5 yday closing, even it rebound from LD 23.5 and trade at 34c, it still a loss of -36% if you average was 53.5

those claim to buy 23.5 might also bought previous LD and still at loss

@joyvest, lol, as experience trader, im not interested in -ve earnings counter

all -ve earnings mostly are corporate scam

thats the reason why i can survive for more than 15 yrs in bursa

pump up to pump down, below 20c later, if you wanna play the game, timing must be good but nobody can get it right always

@hotstuff, i randomly posted my comment for a downtrend price but you can check at chb and carepls

both prediction i got it right, so dont ignore what is on the chart, TA always come first

i commented at chb at 0.69-0.70 and now chb price is 0.625

i also posted at careplas when the price at 0.43, now the price is 0.365

you can check at both forum for the truth

why i said scib will be below 20c later? bcoz the chart already tell the direction

you may think current price is cheap at 28c, i tell you right now, it will go below 20c later

from that point, it might go down even much lower

@joyvest, my remarks are not from myself, it has been there even before i live, those method and quotes are from trading legends

mike minervini is one of my fav

@Joyvest, if you keep on using fundamental talks to trade, you wont able to survive this fight, you will keep losing money and end up quit and realize stock market was not meant for you

please seek an expert, learn TA, start with candlesticks

Facts, FA are good but TA always come first

the fair comparison between SCIB vs Scable PN17 is both are goreng counters

sometimes when “we” as an older generation of traders come to commenting something in forum, some new trader wont able to accept it, this all bcoz of ego

they think we want to mock them of the mistake they have done but actually we just want to give a real check on trade method and understand how market is being manipulated

JAKS was above rm1.80 at one time but you cant see from the chart, if you really know the background you should able to explain

new trader wont able to answer this

@Joyvest may face @NotsoJoy this year 😅

SCIB real value is below 12c, as long as it above 12c for me is over value

@joyvest, what the heck about JAKS, if you dont know JAKS n KYY story better dont pick this topic, it will make you a real beginner

for 10 yrs of trade, i see many trader who cant accept the fact that he had make a trade mistake but still being optimistic and hold

and they keep repeating the same mistake again and again until they realize it was really a mistake and they should learn from it

but by the time he realized, the loss are already too big and difficult to recover

how i know this??? bcoz i was there 8 yrs ago

in trading, fundamental is like a paintings, even its very nice, doesnt mean many people wanna buy

paintings only value when many people wanna buy it higher than its actual worth

but when it comes to bad paintings where suddenly the price goes up, you know that the value was not on the paintings but more to the “people” speculating the paintings value for you to chase

the most mistake traders have been doing and repeating all the time always is “never cut loss small”

the other big mistake is never “trade what you see” which means TA always come first.

margin players exit with profit, genuine investors stuck at top for years to come and retired with underwear

operator exit and you collect, nice strategy 😂

cheap can be cheaper, bursa has drop earlier than US indexes which now at peak, imagine tomorrow or next week US indexes fall big?

expert buy upon reversal trend confirmation not during the fall down

@joybest, the evidence is on the TA chart and the FA

Stock: [SCIB]: SARAWAK CONSOLIDATED IND BHD

2 hours ago | Report Abuse

There is no evidence to suggest that counters never experience LD are good counters....

buy rubbish then expect get gold return?

learn from the expert before trade, it will save you from big loss

widad = we dead to those new to bursa

@adikkici, you just new to stock market eh? all those going up high never ending mostly -ve earnings counter, those all fintech brothers and sisters, no experience join in sure dead if dont know how to get out

playing with scam counter and dont know how to play the game = die

wise move sold at 0.69 and now drop to 0.60, this is how we trade, thats the difference experience trader and newbie

market creates panic and more people will sell when support break, low become lower, wait for signal before jump in, im looking retrace to near 50c now

manage to dispose all at 0.69
waiting at 0.625, then 0.605
for 2nd round ride

change mind due to tomorrow thurdays US CPI data will be out, expect CPI will not go down anytime soon, so market will kompang that rate will have to stay for longer time, US market already ATH need some break, bursa already break 1,500 pts also need to rehat, short traders will sell to lock
profit, when more people sell, price will drop further

sold my position and wait until buy signal coming

all the best

told ya to get out when 43.5c, now 40.5c, next week below 40c, if you average down loss become bigger

chart already tell to get out, trade what you see not what you think

last week closing price 32c, if your buying price above than 32c, DO NOT AVERAGE DOWN, much more safer to cut loss as min possible and wait until buy signal coming back (of course not too soon)

44m vol with strong sell signal, operator already out for CNY money, possibly drop till 27-25c, if you already profit better set stop loss as the next couple weeks might remain weak

why you all chase glove counter that already sold more than half of its gloves biz

even covid very high last month, those infected 95% has minor sickness, just normal fever and will recover the next few days

better out before get stuck at high for another few months

now 1.65, chart and sentiment wise very very possible to meet 1.80 soon

hold tight

vol has come and perdana father got new contract from petronas and extension from mubadala

hold tight, once 21c break, will up all the way to 0.24-0.25

last year early jan till early feb bursa was bullish, so if based on last year trend, we can ride profit until end jan’24

still got 1 mth to trade this stock, get out before qr

70c next week

no need to trade this counter, just hold till next year, pe single digits, order book 400m and data centre is the new tech play

based on latest qr eps 1.67, if can maintain 1.20~.1.70 next 2-3 qr, this counter worth to hold

since that required another 9 mths to tell, just ride the trend until it bends

short TP 0.70 not a problem, im looking more than that if market good next Jan, probably can go to 0.80~1.00 range