Chart wise, a rounding bottom is now formed, if previous high of 2.61 can be taken out with volume, then it should fly......

as u know, L-V refers to the last transaction for today and it happens that the buyer & seller (different persons) are from the same broking house

if u guys are talking abt the 2600 figure in the L-V colume, it means the buyer & seller are from the same broking house

Wishing all on board TCB making handsome profit from Mr Market all the time..... cheers

CCMDBIO, Consolidation stage, range bound trading between 2.98 to 3.01, trading volume reduce substantially, ie, no selling pressure, Immediate support is at 2.98. Exit if 2.86 violated.

Bro matrix, thanx for the confirmation and sorry for the trouble. Congrats, ur Minho is flying now.......... :)

Bro matrix, i just back. Need to re-confirm with u on the MF figure. I got the following, which is different from yours. May be u can help me on this.

24/4 1.00
25/4 1.00
28/4 -1.00
29/4 0.600
30/4 -1.00
2/5 1.00

I wanna use your formula to check on other counters

hi bro matrix, thanx for the valuable piece of lesson, really appreciate your effort

Bro matrix, just wanna reconfirm on the acc / dist formula again. Base on your formula of MF,
MF = [(Close - Low) - (High - Close)] /(High - Low), i got +ve 1 for the MF on 24 Apr instead of 0.035, [ (0.855 - 0.82) - (0.855 - 0.855)] divide (0.855 - 0.82), what has gone wrong with me?

Sorry for the trouble

hi bro matrix, just read thru your posting on acc/ dist calculation. Very informative and useful. Thanx for sharing.

I try to get the 2nd figure of 49,200 but how ah? I try to calculate but din get, did i miss out anything? Can u pls show the calculation, thanx. I am referring to the 1st set of figure: 1,405,700 49,200 49,200

Novice 8, i am sure u are one of the many who benefited from bro matrix generosity ya......... u must belanja him la

For those who haven't , no need to be green eyes, just follow the discipline set out by matrix

Bro matrix, congrats and your result on the trading is expected, that is why we all really salute your capability & willingness to share. I am sure those who follow closely in this thread are the ultimate winners

MK Land - very bullish after breakout (on 16 Apr) from the resistance of 0.46 on 24 Feb with heavy volume, signalling buy. Though bearish engulfing was formed on 22 Apr, momentum remain intact as the volume was lower. Spinning top formed on 25 fri indicates trend reversal, however we need Monday's candle to determine its movement, ie, the 3rd wave. Immediate support is at 0.51. Exit if 0.46 is violated

choo looi, i am back , so must u. Reember to lock in profit ya.......... :)

supermax - very bearish after it has broken the 20 MA on 27 Feb. The low of 2.45 (formed on 23 Oct 2013) was tested twice on 24 March & 22 Apr. A hammer was formed on 22 Apr, which may indicate a trend reversal. The stock continue its downtrend after it falls below its 100 MA on 14 March (long black candle) RSi shows the stock is heavily over sold at the moment. Strong resistance is seen at 2.60

Bro matrix, profitman, pls add in your comment if any, thanx

correction for my comment on GHL. The candle on 8 apr is a hinging man, not hammer as it appear in an uptrend

GHL, hammer on 8 Apr (oso price volume divergent), follow by shooting and doji on the following 2 days have already confirm the trend reversal. Next support is seen at 94

just to add on, an ascending triangle has already been formed pending breakout

L&G LA is very bullish, today has taken out its immediate resistance at 41 set on 4th Apr convincingly with volume. A break above 42 (all time high set on 24 Feb)will bring it to the unchart territory.

hi matrix, sorry for the news. Be strong and she will recover after the operation. All of us here will pray hard for her recovery

hi all, how would the following report affect the O & G sector

http://www.pwc.com/gx/en/oil-gas-energy/publications/shale-oil-changes-energy-markets.jhtml

hi all,
E & O is trending now. 2.05 support is well tested, just cross 2.10 resistance

Bro matrix, happy hunting at Matta Fair .....

Hi Bro matrix, it has been a long time since i last post here. Congrats on all your gains. For those on engtex, i just come across this, the company is selling its treasury shares.

http://www.theedgemalaysia.com/business-news/279968-engtex-sells-treasury-shares-on-price-rally.html

Mr OTB, I am sure those who are in this forum for even a week or so will know who is evil. You have a great job here helping out those for FREE with your generosity. YWe know the karma is there.

As your postings are back by fundamental and TA, the truth always prevails.......

Also, not to forget the effort of KCchongz who is also under attack even though his post are back by figures.

This counter has never looked back since break out from 0.49 on 13 Sept with a dragon fly doji. RSI is above 80, indicating overbot but CMF showing good accumulation thus far.

KCchongnz, really your effort in providing such detail analysis to all of us, TQ

Bro matrix, I am not very good at reading chart but still learning from all sifus here. In fact, I pick up most of the technique from u, OTB and Trustme 932. I get to expose myself to TA few years back but didn't apply at all as i thought long term investors will be the ultimate winners. However, the choppy market woke me up and i started to take out my limited resources and revise, couple with the help from some links i post here earlier. In fact, it was my IJM land that woke me up. It went up to abt 3.30 but i didn't sell off n it was back to my purchase price at 2.50.What a waste !!! Not to forget, a friend who introduce me to this forum some time in Aug this year and your thread has actually benefit me a lot, thanx again bro.

Hope we can meet up one day for the yam cha

choo looi, when u come back, let me knw. I belanja u durian (if timing is right). This morning i just a few from jelutong market, so yummy. The seller is an old man who owns a durian orchard, so he seldom goes there.

Thanx, bro matrix, a valuable lesson for me on the exit , especially

Bro matrix, TA is forming ascending triangle pending breakout but strong resistance at 74. May be u wud like to hv a look as well. Looks like KLCI will be testing 1805 and 1795. Pls correct me if there is any mistake.

choo looi, my 1 lot is 1000 shares, too bad still not used to the 100 shares per lot. I sold the last lot at 2.37 yesterday. To me, gross profit of 15% in a week is good enuf... haha. I bot this b'cos of budget as this is oso a political link counter. Too bad i overlook censof b4 the budget

Hi Bro matrix, thanx for the alert on ijm land. I sold MyEg at 2.30 last friday, leaving only 1 lot...... haha. To me, MyEg is too expensive to hold as the par value is only 10 sen. If we were to consolidate into RM1.00, then it costs RM23.00, to me better buy Panamay so that i can sleep soundly, hahaha. Fyi,I am a risk averse person.

I juz discover suria, which broke its resistance at 1.96 2 days ago. Wonder are we too late to board the train.

don't forget, par value is only 10 sen. I sold off at 2.30 today, purposely leave 1 lot, see how it goes on monday

Hi bro matrix, it has been quite some time i didn't participate in this valuable thread due to work load. I am still holding on to my ijm land.

3 days ago, i juz bot in MyEg base on my instinct without referring to chart ( my pc got some problem to load charts lately). I think shd be java problem. Hope can get it fix by this weekend.

I suppose u have a wonderful trip ya.......

hi connie, i hv some notes on TA for beginners (in MA Words). If u are interested, juz post ur email here n i will send u.

hi twobits, may I know where did u get the info pertaining to the fund movement? Can u share the link? Thanx

CT, thanx for sharing. u are right that Encorp is forming a descending triangle if u take the top formed on 19 sept. But if u were to draw the horizontal line from 19 Aug onward, i suppose an ascending triangle is going to form soon, not as at now. The stock is stil down trend and is trading below its 30EMA. But once it can take out 1.10 in the next few days, we can expect an ascending triangle. Pls share ur opinion again , thanx

Will look at bahvest again later tonite.

Bro matrix, i oso hv never experience to be in a desert b4, hope that i can go one day......

By the way, i am looking at a few counters lately. Encorp, Bahvest censof are forming ascending triangles, looks promising. Wait for their respective breakout. Fibon is forming a cup and handle.

Happy holidays to u ya

hi sis metta, sorry to hear that u hv not sold yours. I sold all my puncak WB between 2.40 to 2.46. Now i dont really hv any stocks on hand. Hope to buy back puncak when the opportunity arise.

As for your engtex, i notice a spinning top on 2 Oct follow by another black candle the following day. From the chart, support is at 1.40 follow by 1.36 and 1.27.

I am oso looking closely (but not really free to do so... hahaha) at LBS- WA. Very volatile and good for trading. Trading range is between 0.76 to 0.87.

bro matrix, happy holidays to you ya and come back fully charged. Anyway, there is so much uncertainty in the US political n economy issues, this is the right timing to go holidays. Really admire u, other than stocks, ur holidays oso pick up at the right timing, hahaha .........cheers

To me, 30 sen stil expensive lo, with NAB of 0.09 n -ve EPS

hahaah......... wat a good joke

Chart looks bullish. I notice an immediate resistance at 0.385 / 0.39. follow by 0.44. Consistently trading above it 30EMA since the close on 20Sept. Today's volume is almost 4 times yesterday's. Bro matrix, need your comment n clarification, thanx.

congrats, bro matrix. I only made good profit from puncak but luckily more than enuf to cover losses in digista

wow, looks like all of u have unloaded ur puncak but i haven't as i was not free to access the market after i post my view at abt 2.30pm. Hopefully tmr can sell my puncak WB at higher price. The only consolation now is that DJ is not going down.

choolooi, i did not buy GOB yesterday as i was very busy, din hv time to look at market at all. When i ask u 2 keep an eye that time, i thought it wud close at 0.84 or 0,845, which wud be a rising three and very bullish. I stil hv old stocks at an average of 0.78, i think.

Oso, pls be aware that CI is at 1777 at first half and it wud be bearish if close below 1776. Everybody pls beware. FKLI is turning bearish now that it closed at 1773.5 at mid day.

Hi chengyee, i cant recall when I look at tas but at that time, the resistant was 69. Once it was taken out convincingly with volume,it is the boarding time.this is the same as digits,once strong resistant of 32 was taken,we started buying. These few days,most of us here r very focus know this counter n I hvTotally forget abt tas which is in uptrend. It may retest its all time high soon.

theoretically, this should not have any impact on their business as they are suppose to have hedging, juz my personal opinion

jenny, 1st resistant is 0.36. If can take out with huge volume, i wont sell but wait for 0.38. This is purely my personal view

trustme 932, u quickly buy la, we need your golden touch so that all of us can make $$$$$$$$$, hahaha