@connie - GOODWAY is taking off now...
Let's enjoy the flight together...
See what drinks & food the pretty stewardess will be serving...
Hehehe... :D

@GB - Are u on the flight as well? I hate to see my bro eating porridge everyday you know... Hahaha...

GOODWAY (7129)
Another good white candle for today.
Volume of RM4.8M surpassed yesterday high of RM3.1M will be a good sign for tomorrow market.
Currently the trend is very 'BULLISH' with slightly 'over-sold' means there is still pretty much room for upward move.

MPAY (0156)
Seems to have recovered from the missed RTS awards disaster and was enjoying quite a high Buy-rate today at 63%.
A big chunk of BUY is at RM0.215/0.220 which give us hope of a good 'Gap Up' come tomorrow morning.
A lower volume today resulted in the stock's minor gain of +0.005. We look forward to the counter soaring higher than 0.235 IF the required Volume can come in to support the rise.
However, a strong Resistance is awaiting at RM0.220/0.225. A breach over this range will be VERY GOOD NEWS!!!

PUC (0007)
Registering HH & HL while consolidating @ RM0.220.
Require a HIGH volume to push thru R1 @ RM0.230 and next R2 will be @ RM0.250.
Sentiments for this stock is still BULLISH and somehow or somewhere, I got this feeling that it's gonna fly pretty soon...
Let's hope for some good news this week!

Good Luck & Happy Trading!!!

Congrats!!!
Thank you Express NIHSIN for saving my month!!!!!
I love you all...

Wish you have a good journey upward! I decided to come of this great train at Station 0.505

Good LUck & Happy Trading!!!

@GB - I will be very glad IF I am able to save you some $$$...

Stock on my Watchlist:
LBALUM - Will it close @ RM0.820??? Another stalemate will be a good sign for this counter.

MPAY - Closing @ RM0.220 will be a good sign that it may soar higher tomorrow.

EFFICEN - A close @ 0.360 after being push down to RM0.350 will give us a short black candle. Let's hope for a longer white candle tomorrow...

Good Luck & Happy Trading!!!

@connie @GB - Sorry... Not feeling well (I guess too much of late night sleep) went for a short nap.

@connie is right! Not all counter will suffer the T4 thingy. Some retrace after 1-2 days of advance. Others will just shoot thru regardless of how many 'T's you can count.

Let me share some of my 'abnormal' principles on share trading:
1. What ever that goes up, will come down.
2. What ever that goes down, will come up - eventually.
3. Profits & Loss are generated thru price fluctuations, hence close monitoring is required if you REALLY want to profit from this 'Great Sea' of Bursa.
4. I am a 'Chartist', so I will act according to Technical Analyst.
5. I am also a 'poor' speculator/trader. I won't pay cash unless it is necessary to hold a counter which still has prospects.
6. I will CUT LOSS on all downtrend counters.
7. I will LOCK my PROFITS at all time!

@connie is right on NIHSIN! On the chart, I was so damned worried! That's why I can't sleep yesterday night. The chart shows I'm DOOMED! A Shooting Star with a long black candle. Today's sure die die one.
Countermeasure? I reduced my positions yesterday. Suffered some losses but 'still manage-able'.
IF NIHSIN continue to 'lao-sai' today, I would have gone by morning 9:10am before some of us even wake up to trade. Hehehe... :)

So for BIG, the same principle applies. BIG closed at RM0.900 yesterday. At mid-day closing, it gone up to 0.920 but was pushed down to RM0.905/0.900.
This shows that it was lacking in buying support which I put as 'losing steam'. But I could be wrong IF buying support came in and it goes thru the roof over RM0.935!!!
But at the moment, we can see it is trading at RM0.880.
@GB now has to brace for a few bumps of 'air-pockets' and hopefully the stocks will rebound and soar again in no time. However, as I have put it, the level you should be monitoring is 0.830/0.835. Breaking this support will tell me I should 'EJECT' my seat...

Hope this help.

Good Luck & Happy Trading!!!

@GB - While the counter remains 'BULLISH', scared it may retrace on correction as it has climbed more than 20 cents (25%) in the last 4 days!
Stochastic has shown this counter to be 'over-bought' too.
While of coz we hope it will continue to soar, but it is also worth consideration to lock up some profits (if any).

IF (I mean only IF) it retraces, I'm looking at 0.830/0.835 as the Major Support.

I won't be correct after all but just a word of caution.

Good Luck & Happy Trading!!!

@Connie ... BIG seems to be losing some steam...
You may consider locking some of your profits!
Today T4... Contra players will bail out soon in the afternoon.

Just my 2-cents... :D

Who said will drop to 0.180 eh???
Let's hope this technical rebound will last long for MPAY!!!
Hehehehe.... :D

Happy Trading!!!

It's THERE!!! Hopefully can stay at station 0.505 before embarking on another fairy tale "BULL-run" for Express NIHSIN!!!

Good LUck & Happy Trading!!!

Maintenance work is completed!!!

Express NIHSIN is continuing towards its destination: RM0.505

Next Station: RM0.525??? or RM0.555???

@connie Capt Skyhawk ... Mpay is calling for boarding...

GB... Sensitive issue!!
Later kena Sedition Act 1948... hahahaha... :D

@Norly... Touched only but must be able to stay...

Today Volume @ 10:10am is already RM8.40M - surpassing yesterday intra-day volume! It's a good sign!!!

I'm glad I didn't bail out yesterday... phewww *** :)

Good Luck & Happy Trading!!!

What is happening to MITRA?
Why suddenly surge up so high? Intra Day High @ 1.03???

Alamak...
Seems that there is some maintenance work on the track @ RM0.490...

Express NIHSIN was stalled and the momentum seems to slow down abit as well... :???

Ding Deng Ding Deng...

Express NIHSIN stopped and passed thru station 0.485 already...

En route: Station RM0.505 - coming fast...!!!

Konichi-wa...

Express NIHSIN approaching station 0.485 at great strength...
Next stop : 0.505!!!

NIHSIN on the move liao...

R1@ RM0.485... Will we be able to BREACH it???

Mina-san... Ohayo Gozaimasu!!!
Let's hope for a winning day TODAY... :D

OCNCash (0049)
2 consecutive 'Gap-Up' supported by very HIGH volume for the past 2 days signals a very BULLISH nature for this counter.
Currently on a very strong uptrend and it may trade to higher price if the immediate Resistance @ 0.365 is breached.
Stay tuned for today's action to see if OCNCash Bulls manage to charge past the moody bears...

Good Luck & Happy Trading!!!

@Skyland...

BABA dropped around 3.5% at mid-day closing...
How will this affect Efficen later in the morning???

Alibaba Group Holding Ltd. (BABA) -3.98%
The counter slipped in its second day of trading after jumping almost 40% in its debut as bankers boosted the size of the Chinese e-commerce company's share offering to a global record of USD25 billion!

As of 12:58pm in New York, the company shares dropped 4.3% to close @ The company, which priced its initial public offering (IPO) at $68 a share, raised USD21.8 billion before underwriters exercised a so-call greenshoe option to increase the size by another 15% on strong demand.

"The valuation at $68 IPO price was extremely favorable, and after having such a big move, some people took profits," CEO of ABR Research Center was quoted saying by the phone. - source from the Bloomberg.

-------------------------------------------------
*With such a strong showing by Alibaba in the US market of NYSE, will Efficen continue its strong BULLISH run or scared by the Bears of profit takers???

Let's see how the drama will turn out later this morning...

GB... Me too... Hehehe

@Connie... Safe zone for AZRB is above RM0.770
This counter has NOT retraced back to the original gap of 0.720, unless there is any substantial news to push it further up, this one should throw some caution to the wind.

SALCON
Yes, I think something can come out from the Water counters as the change of new MB in Azmin Ali could give them a some push as the new state govt will be more than willing to solve the serious water woes in Selangor.
Salcon has a good chart pattern but still under all MA (20, 50, 100)
A trade over RM0.830 will be a first positive step towards reversal.

*I missed your shout at 4:30 regarding Goodway...
Will buy the tickets tomorrow and hop inside Capt Skyhawk flight and hope it will soar high into skies!
Just a question : Contra T+4 can make some pocket $$$ ah??? :D

Good Luck & Happy Trading!!!

Let's hope for a better tomorrow... :D

Good Luck & Happy Trading!!!

Capt Skyhawk...
The next flight on schedule is 'Goodway' eh???

Tomorrow will be the peak of the Selangor MB crisis...
Will it affect the market sentiment here?

Connie...
Thanks for the advise... I think I better reduce my positions and live to fight another day... Hehehehe...

@Godbless88
According to charting strategies and TA, there is nothing to suggest the stock will be reversing its trend when it touches 0.97/1.00 level.
However, the Major Resistance is there to be challenged and if KNM manages to do so, I don't see the reason why it won't continue its uptrend.
However, we must keep track of its volume to determine how long will this counter sustain itself.
Currently, it has confirmed of its reversal and I think this should be good news to you. :)

Good Luck & Happy Trading!!!

Anyone can comment on NIHSIN?
I'm still holding some positions @ 0.470...
Should I continue to hold or reduce position?
Hopefully someone can shed some light on this counter.
Thanks!!!

GOSHHHHH....
What a sell down @ 0.460?????
"Mou Ngan Dai" (no eyes 2 see) *sobs sobs*

@godbless88
KNM (7164)
Major Resistance @ RM1.00/1.01
Currently on the rebound and look likely to challenge that Major R1 if volume is strong for these few days.
Volume to Watch is RM17M and by noon, it already reach 16M today.
I think this counter is worth monitoring and you can take up some positions if you want to...

Good Luck & Happy Trading!!!

TekSeng is a highly volatile counter.
@Connie is right... watch carefully!
Lock your profits at all times...

Good Luck & Happy Trading!!!

Let's hope things will move up this afternoon session!!!

Who is the Joker dumping at RM0.345 eh???
Can't stop dumping it seems...

@Princess
Let's cross our fingers and look forward to that!!!

Good Luck & Happy Trading!!!

Capt Skyhawk
Roger that...
Will be careful during the air pockets...
Hope the pretty stewardess won't get 'air-sick'... HEhehe :D

@connie
I'm waiting as well...
Hehehe....

Capt @Skyhawk
Any news on MPAY?
Thinking of taking up some positions at cheap price currently...

Today NIHSIN no power liao...
No Buyer to push up the price.
Should have breach RM0.500 psychology barrier if the news is hot...

Yes,
They can't go around confirming rumors before official announcement is made.

Capt @Skyhawk,
Is the current still 'hot' and 'strong'???
Maybe I also want to jump in...

@kiewleeah
OCNCash is coming liao...
Challenging 0.355 and hopefully can breach 0.360!!!

Chargeeeeeeee

@Connie
What you mean by this BIG???
Please help to elaborate...
Thanks!

Hitting my Support line @ 0.360...
Time to say "sayonara"???

Let's have a guess...

How much IRIS will 'Gap Up' later in the morning???
Anyone???

@Aliciateo @Luxp

Welcome onboard 'the Black Pearl'... It is my sincere hope that all of us can share whatever monitoring and information we have so that all of us can benefit financially from this Bursa.

Good Luck & Happy Trading!!!

To-Do-List : 21.09.2014

IRIS
Monitor its crucial level at RM0.400.
With the news confirming IRIS succeeded in securing its major project, it could spark a frenzy stampede on this counter. While it is good to be able to cash in some 'pocket money' during this period, BE CAUTION of the effort by the Big Fish to flush out all contra players (T+4) which means the stock will wait for 4-5 days before continue its climb to another Resistance @ RM0.430/0.460.

MPAY (0156)
A White candle appeared on Friday could be a signal of reversal even though it is still at a 'not-so-safe' level. In fact, it should be trading at a higher level ie. RM0.260 to challenge for next level of Resistance.
However, a position can be considered if you got the $$$ to sustain the stock on a longer run.

Good Luck & Happy Trading!!!

OCNCASH (0049)

A little on Sideways in between 0.34-0.320.
However, it 'Gap-Up' on Friday and even though it was pegged back, it did not went below its 'gap-up' support.
Hence, I think Monday will be crucial to see whether it continue its uptrend and challenge the main R1 @ 0.360 with HIGH volume.

Good Luck & Happy Trading!!!

Boleh kah???