Dear Yipman—TNLOGIS---Not sure what happen on 29/11 when it dropped from $6.00 to $1.10. I presume it is a share split right? Anyway chart wise it may have found a new bottom at $1.01, it is at stage 1 what we call “Accumulation” stage,trading range between $1.30 to $1.50. Traders will collect around $1.28 level and sell when it is near $1.50. A break above $1.50 with volume signal consolidation is over with immediate TP of $1.70 and TP of $2.00. A break below $1.30 may take it back to strong support of $1.01.During the stage 1 stock is expected to trade sideways for a while.
Normally the warrants tends to follow the Mother share movement.

Connie—Phuk Thai Dai Krap? Thanks and how is your TA now? I presume you must have improved a lot that you can read charts by yourself now. I am happy for you as you did put in a lot of efforts.
Johnny Cash—Welcome to this thread, those counters you mentioned Is it based on FA or TA or both? Do tell us in more details why you recommend these stocks. Thanks for sharing.

Sephiroth—Thanks for sharing PJD and its warrants.

Happy Trading !!

Connie, Fitter is definitely on my radar.

FITTERS---It is an uptrend counter but under consolidation at the moment and the momentum has turned negative lately for short term. The medium term uptrend is intact. It is expected to rebound to next resistance of $0.77/$0.79. This counter if break above $0.85 with volumes (On the weekly chart) that means breaking out of ‘Inverted Head and Shoulder” pattern has an immediate TP of $1.15. For short term may move sideways in the trading range of $0.72 to $0.79. Stop Loss if $0.72 is violated. I may also accumulates near support levels if I can clear some of my stocks.

Ms1eGorjes—welcome to this thread. I hope we can learn from each other and some of experience traders here so that we can make some $$$ together. Do monitor GHLSYS, PERISAI and PERDANA, I think more upward movement can be expected.

Happy Trading.

6Th January

The Cheap Trap—To those that try bottom fishing, I used to make the same mistake.When you buy stock solely it is cheap or you think it is at the bottom,it is difficult to sell when it gets cheaper. The cheaper it gets it is more attractive based on “It is cheap” rationale. This is the type of thinking that get investors in big trouble, more often than not they get what they pay for. Try to look for leaders instead of cheap bargains.

1)GHLYSYS-- Av Price=$0.717( Closing=$0.72, P&L=+0.4%), Trailing Stop=$0.665. Risk= -7%. Tp1=$0.79, TP 2=0.845. (Exp Trading Range $0.685 to $0.75).
Note : Formed a DOJI today, indecision.Expected to close above $0.735 because upward momentum is intact, I scale in another 50% of share at $0.72.

2)MUHIBAH-- Av Price=$2.35( Closing=$2.30, P&L=-2%), Trailing Stop=$2.23. Risk= -5%. Tp1=$2.48,
TP 2=?. (Exp. Trading Range $2.26 to $2.43).
Note : Rectangle trading range of $2.26 to $2.48. Upward momentum has slowed down.

3)PERDANA-- Av Price=$1.59( Closing=$1.58, P&L= -0.6%), Trailing Stop=$1.50. Risk= 6%. Tp1=$1.70. TP 2=1.83. (Exp. Trading Range $1.52 to $1.61).
Note: Formed a Doji today, indecision.The steady upward movement is intact but the momentum has slowed down some consolidation can be expected and accumulation on any weakness for future play.

4)PERISAI-- Av Price=$1.48( Closing=$1.57, P&L= +6%), Trailing Stop=$1.50. Risk= 0 %. Tp1=$1.65/$1.70. TP 2=?. (Exp. Trading Range $1.52 to $1.60).
Note: The upward movement is intact short and medium-term. It is expected to test and break above $1.60 soon.( May lock in part profits if $1.60 could not be taken out). I have raised my Trailing Stop to $1.50 which is higher than the purchase price to protect my capitals.

5)PJDEV-- AV Price=$1.34 (Closing=$1.35, P&L=+0.74%), Trailing Stop=$1.24. Risk= -7.5%. Tp1=$1.46,
TP 2=?. (Trading Range $1.30 to $1.41).
Note :Formed a Bearish Harami on Friday, some consolidation is expected in the short term. The gap of $1.31/$1.27 has become a strong support if the breakout level of $1.33 is violated.May scale in more shares during consolidation.

6)TAS-- Av Price=$1.12 ( Closing=$1.13, P&L= +0.9%), Trailing Stop=$1.04. Risk= 7%. Tp1=$1.26. TP 2=1.34. (Exp. Trading Range $1.10 to $1.20).
Note : Formed a Bullish Harami last Friday, some rebounds could be on the way.Sideways Movement needs to take out the Doji formed in $1.20. The downward momentum has increased may re test support at $1.10.

7)TDM-- Av Price=$0.96 ( Closing=$0.945, P&L= -1.6%), Trailing Stop=$0.905. Risk= 5.6%. Tp1=$1.05. TP 2=?. (Exp. Trading Range $0.935 to $0.97).
Note :Sideways movement with downward biased.May clear to protect capital on any rebound.

I am holding 7 stocks so won”to be monitored any stock at the moment unless can clear some stocks.

Happy Trading…

Thanks faberlicious and sephiroth for highlighting Cenbond and MFCB to me.Really appreciate it, i will look into them over the weekend.
As i am holding 7 stocks i may need to clear some unmoving stocks if i am interested in buying them.

Happy Trading !!

Connie, I bought in GHLSys because it formed Engulfing Bull 0n 27/12 after some consolidation indicating a price reversal may be on the card. Yesterday formed another Engulfing Bull (hit a high of $0.75) confirmed the stock should move higher.( Now it needs to close above $0.735 to confirm the 2 signals). I am still accumulating more shares for future play. But you know Candlestick (Daily chart) is only good for short term swing trading, they may tell us price should move higher but never able to tell us to what level and for how long. That is why we need trading plan.

Faberlicious
UOADev—Stage 4 of the cycle very bearish. It is dangerous to try bottom fishing at this stage as new bottom has not been confirmed yet. The next strong support is at $1.67. Any technical rebound should find resistance at $1.95/$2.00.

Thanks jester.choolooi ( I have not heard from you for a long time) & Tessa for the good wishes..Hopefully 2014 is good to everyone too.

Happy Trading

When I first venture into the stock market, Greed, Fear and hope are always my companions.
Because of :
GREED—I held oversized positions in a rocky market. Now I limit my maximum holding into 7 stocks.
FEAR—I sold my winning positions too early . Now I set a Trailing Stop and try to ride on winners as long as I can.
HOPE—I hang on my losing positions too long. ( Did pray as well !!). Now I had taken my losses and move on !!
My trades now can be slow or boring at times but more importantly I make $$$ at the end!!

Today bought in PJD when it broke above $1.33 thanks to a recommendation from Sephiroth.

PJD-- AV Price=$1.34 (Closing=$1.35, P&L=+0.74%), Trailing Stop=$1.24. Risk= -7.5%. Tp1=$1.46, TP 2=?. (Trading Range $1.31 to $1.41).
Note : Breakout with a Rising window today with volumes, the gap of $1.31/$1.27 has become a strong support if the breakout level of $1.33 is violated.My only concern with such a big volume today whether it is buying Frenzy?

GHLYSYS-- Note : Today formed another “Engulfing Bull” and 2 ‘Engulfing Bulls’ formed in the past 4 days, the upward momentum has increased and further uptrend rebound is expected. Will scale in more shares as the stock is definitely moving up in the short term.
Tp1=$0.79, TP 2=0.845. (Trading Range $0.70 to $0.75).

I am holding 7 stocks and will not be monitored any stock at the moment.

P/S: 1n1792, you are welcomed. It can be dangerous when we try to bottom fish when the bottom not confirmed yet.

HAPPY TRADING….

Thanks sephiroth, will put A&W it into my watch list..

GHLSYS carry on its rebound after the Engulfing Bull formed 2 days ago..

oops time for lunch..

Happy Trading

sephiroth, thanks i bought in some PJD when broke above $1.33 today. I will put GMUTUAL in my watch list.Once again thanks you so much so sharing your stock with me in this thread.

Happy Trading !!

1n1792,
AEONCR—Very Bearish stage 4 of the cycle on daily chart.Broke below the previous low of $14.70 and went down to $14.56 on 31/12 and whether $14.56 is the new low yet to be confirmed. Any rebound should find resistance at $15.10. If you are trying to Bottom Fish make sure the new bottom is confirmed.

Happy Trading

jennylee, Happy new Year.. Are you coming to Galaxy run ? If you need help i can help to register for you..I am also going to Brooks 1/2 Marathon in March 2014..

Happy Trading !!

Thanks Sephiroth, really appreciate you are always helping out the traders in the forum here.. Thanks for highlighting PJD to me and I am happy you are constantly picking winners in KLSE, it is truly a pleasure to know you as I know how difficult it is to pick winners in the stock market.
Chartwise PJD is very bullish, a break above $1.33 will take it to new high and uncharted territory. I may buy some on any weakness to trade with you..

Happy Trading & Happy New Year..

HAPPY NEW YEAR EVERYONE !!

Welcome to my 2014 thread, I would like to start the thread with these words;
“ You don’t have to be Great to get started, but you have to get started to be Great “ UNQUOTE.
Hopefully through this thread we can learn,share and exchange ideas to be able to get started and be Great in 2014 !!
I always believe in simplicity in stock market investment whether you are a FA , TA or Both. My aim is always TRY to make Three correct decisions: What to Buy, When to Buy and When to sell. Yet I still make many mistakes days in and days out. Then I realized it was OK to make mistakes at times, the important thing is to make a painful decision when we are wrong.
My resolution for 2014 in stock market? I would like to be able to avoid “Indecisiveness and Regret”.
Many times I have asked myself in 2013 should I buy, sell or hold? Then realized I should have bought,sold or held.
2013 has been a good year for me and I believe for many of you out there.. Then we must also realize KLSE hit the all time high in 2013. I would like to wish everyone to be successful in 2014 too !!

My new format for 2014 is as follows:
1)GHLYSYS-- Av Price=$0.715( Closing=$0.72, P&L=+0.7%), Trailing Stop=$0.665. Risk= -7%. Tp1=$0.79, TP 2=0.845. (Trading Range $0.685 to $0.735).
Note : Formed an engulfing Bull 2 days ago unless $0.685 is broken it should be moving upward in the short term.

2)MUHIBAH-- Av Price=$2.35( Closing=$2.28, P&L=-3%), Trailing Stop=$2.23. Risk= -5%. Tp1=$2.48,
TP 2=?. (Trading Range $2.26 to $2.48).
Note : Rectangle trading range of $2.26 to $2.48.

3)PERISAI-- Av Price=$1.48( Closing=$1.59, P&L= +7.4%), Trailing Stop=$1.50. Risk= 0 %. Tp1=$1.65/$1.70. TP 2=?. (Trading Range $1.53 to $1.66).
Note : Breakout from $1.57 yesterday it is expected to break above $1.60 soon. I have raised my Trailing Stop to $1.50 which is higher than the purchase price to protect my capitals.

4)PERDANA-- Av Price=$1.59( Closing=$1.59, P&L= 0%), Trailing Stop=$1.50. Risk= 6%. Tp1=$1.70. TP 2=1.83. (Trading Range $1.54 to $1.66).
Note: The steady upward movement has slowed down some consolidation can be expected and accumulation on any weakness for future play.

5)TAS-- Av Price=$1.12 ( Closing=$1.15, P&L= +2.6%), Trailing Stop=$1.04. Risk= 7%. Tp1=$1.26. TP 2=1.34. (Trading Range $1.10 to $1.20).
Note : Sideways Movement needs to take out the Doji formed at $1.20.Expects to move higher in near term.

6)TDM-- Av Price=$0.96 ( Closing=$0.95, P&L= -1%), Trailing Stop=$0.905. Risk= 5.6%. Tp1=$1.05. TP 2=?. (Trading Range $0.94-$0.97).
Note :Sideways Movement but upward momentum has increased so more rebound can be expected.

Av Price-- price i bought in and it will be adjusted if i scale in.
Closing -- today closing price.
P&L -- Paper Profit and Loss.
Trailing Stop-The cut loss or protect profit levels. It will be adjusted accordingly.
Risk-The stop loss percentage if the trade moved against me.
TP1 &TP2--Target Price.
Using this new format if my stock is trading in the trading range I would not update the stocks every day.

Happy Trading !!

Thanks Bro faberlicious, Happy New Year !!

Ya, always enjoy U2 especially the songs 'I still haven"t found what i am looking For"..

Happy Trading !!

Thanks ProfitMan, Happy New Year to you & Family too..
2013 has Happy Ending with PERISAI break above $1.57 today..

See you in 2014..

Thanks Connie, Scorpion used to be one of my Fav bands while i studied in UK..I watched their concerts few times too.
I still listen to their songs while running long distance..Cheer me up !! You too have an wonderful 2014 ( Hopefully stock market will be kind to us like 2013)..Tonight 20 of us v have a gathering New year Eve dinner..

Happy Trading !!

31st DEC

1) MUHIBAH— Formed a “Doji” today indicates indecision.The upward momentum is intact,it is expected to move higher to $2.37/$2.43. Very strong resistance is at $2.48 (Also the breakout level of the Rectangle Trading). Any weakness will find support at $2.26/$2.23. Stop Loss if $2.23 is violated.

2) PERISAI— Short and Mid Term uptrend is very much intact. 3 white candles for the past 3 days imply upward pattern is bullish It is expected to test its immediate resistance at $1.57. A break above with volume signal consolidation is over and it should scale higher to its strong resistance of $1.65 and immediate TP of $1.70 (Previous High). Immediate support adjusts to $1.50.I have increased my Stop Loss if $1.48 is violated.

3)TAS— Sideways movement of the trading range of $1.10 to $1.20. The upward momentum has increased it may re test the “Doji” formed on 17/12 at $1.20. A break above will take it to its Previous High of $1.26 and beyond. Stop Loss if $1.04 is violated.

4) TDM—4 white candles for the past 4 days, it is most likely to breakout from the narrow trading range of $0.94 to $0.96 soon. A break above will take it to next resistance at $0.97/$0.99 level with immediate TP at $1.03/$1.05. The immediate support of $0.94 is holding well so I have raised my Stop Loss level from $0.905 to $0.935 (if violated).

Today I collected some GHYSYS (May has found a new bottom at $0.665) and PERDANA (Breakout from $1.50 a few days ago), will scale in GHYSYS if break above $0.735 for short term trade.

As I am holding 6 stocks now so won't be monitored anymore stocks and may need to carry forwards these 6 stocks to 2014.

Happy Trading…

Thanks Sephiroth, I will look into it and put it under my watch list..

Happy Trading..

ProfitMan, you are right in your analysis of TAS but the uptrend is intact, Sideway movement of $1.10 to $1.20 at the moment, I am comfortable as long as $1.10 stays. If need to break $1.20 ( The Doji formed earlier) to carry on its upward movement.

i bought in some Perdana and GHYSys this morning..

Happy trading…

Tq Connie...I feel it is no much point to talk about the stocks i am trading especially the stocks are trading sideways.. Merry Xmas to you too. Hope 2014 will be an wonderful year for you...

30th DEC

1) MUHIBAH— As suggested rebounded further but failed to clear $2.37/$2.43. It is expected to move higher to $2.37/$2.43. Very strong resistance is at $2.48 (Also the breakout level from the Rectangle Trading). Any weakness will find support at $2.26/$2.23. Stop Loss if $2.23 is violated.

2) PERISAI—Short and Midterm uptrend is very much intact. The support of $1.50 seems to be holding firm, it is expected to test its immediate resistance at $1.57. A break above with volume signal consolidation is over and it should scale higher to its strong resistance of $1.65 and immediate TP of $1.70 (Previous High). I have increased my Stop Loss if $1.48 is violated.

3) TAS— As suggested the Doji formed on 17/12 at $1.20 is shadowing the upward movement of TAS in the short term. Unless $1.20 is taken out it is expected to trade between $1.10 to $1.20. A break above $1.20 with volumes will take it to $1.26(Previous High) and beyond. Stop Loss if $1.04 is violated.

4) TDM— Narrow trading range of $0.94 to $0.96.The upward momentum has increased so it is most likely to re-test $0.97/$0.99 level. A break below $0.94 spell more troubles and most likely to head towards the next support at $0.905. Stop Loss if $0.905 is violated.
I am monitoring :

a) SUPERMX—Most likely to break out from the Ascending Triangle. May start to collect.
b) FITTERS--Breakout from $0.77 today with volumes. It has an estimated TP of $0.86.Any weakness towards immediate supports of $0.77/$0.76 offer opportunity to collect for future play. A break above $0.80 will take it to $0.86 and beyond.
c) PERDANA---Steady upward movement after breaking out from $1.50 two days ago.
d)GHLSYS—May Offer Short Term trade based on Technical Rebounds.

Happy Trading…

Note : My New Format for 2014 of the stocks I trade : (I could not put it into a Table Form as the limitation on the forum column).
Example:

MUHIBBAH— Av Price=$2.35( Closing=$2.35, P&L=0%), Trailing Stop=$2.23. Risk=5%. Tp1=$2.48, TP 2=? (Trading Range $2.26 to $2.48.)

Av Price-- price i bought in and it will be adjusted if i scale in.
Closing -- today closing price.
P&L -- Paper Profit and Loss.
Trailing Stop-The cut loss or protect profit levels. It will be adjusted accordingly.
Risk-The stop loss percentage if the trade moved against me.
TP1 &TP2--Target Price. For example no point to set a TP2 unless MUHUBAH break above $2.48.
Trading Range--For example if the stock stays inside the trading range I will not update that stock.

Once I simplified the stocks I traded I intend to use the other space to discuss with everyone here on my trading experiences including mistakes , TA etc..

Happy Trading !!

27th DEC

1) MUHIBAH—narrow trading range of $2.26 to $2.34 in the near term. Still on sideways movement, but the upward momentum has increased imply maybe more rebounds could be expected in the near term. Any rebound will find resistances at $2.37/$2.43. Breakout level is at
$2.48. Stop Loss if $2.23 is violated.

2) PERISAI— Still under consolidation in the trading range of $1.48 to $1.57. Long term uptrend is very much intact.The support of $1.50 seems to be holding firm, it is expected to test its immediate resistance at $1.57. A break above with volume signal consolidation is over and it should scale higher to its strong resistance of $1.65 and immediate TP of $1.70 (Previous High). I have increased my Stop Loss if $1.48 is violated.

3) TAS— As suggested the Doji formed on 17/12 at $1.20 is shadowing the upward movement of TAS in the short term. Unless $1.20 is taken out it is expected to trade between $1.10 to $1.20. A break above $1.20 with volumes will take it to $1.26(Previous High) and beyond. Stop Loss if $1.04 is violated.

4) TDM— Narrow trading range of $0.94 to $0.96.The upward momentum has increased so it is most likely to re-test $0.97/$0.99 level. A break below $0.94 spell more troubles and most likely to head towards the next support at $0.905. Stop Loss if $0.905 is violated.

I am monitoring FITTER ( Support of $0.72 holds firm).

Happy Trading…

Jevi,

CBIP—Very Bullish and it is an uptrend counter (Higher high and higher low). Broke out from the round bottom on 14/11/2013 with volumes and has an immediate target of $3.38/$3.43. Short term it is under sideways consolidation after hitting high of $3.28 on 11/12, expected trading range of $3.16 to $3.26. This is an ambiguous period as the price can move either way but based on downward momentum has slowed down lately it is more likely to move higher. A break above $3.28 signal more upward movement whereas a break below $3.16 means more downward consolidation could be expected.

Happy Trading..

jevi, i will look at the chart of CBIP for you later.
Thanks for highlighting.

Happy Trading..

Tq stockwatch..Happy 2014 to you and family too.

You are so right on the analysis of stock market for 2014, property stock i had cleared all after the budget this year.

It will be a tough environment for us traders to choose winners next year,the plan is to lose little and rides on gains..

Happy Trading...

sephiroth, you are spot on again..look like big ang pau for you this CNY from the stock market.

Thanks for highlighting homeritz,hevea,eksons,pohuat to me.. i will put into my watch list and may be do a technical study later. Tonight kind of busy because my team MU is playing..

Anyway 2013 has been kind to me and i am happy for the $$$ i made in the stock market til now. The satisfaction is about the same when i crossed the finishing line of Chiangmai Marathon. There were pains, joys but the satisfaction is great !

Happy Trading..

1n1792, welcome to this thread. Oh Ya, Merry Xmas to all my friends..

I just got back from my year end holiday.. Didn't have time to look at any chart yet. Still in holiday mood.
I am a Short term traders as I use daily candlestick for my chart analysis, candlestick may be able to tell a stock is moving up/down but I have no idea how long it will go up and how high it can move. So I may sell a stock say the signal reverse to lock in profits or protect my capitals.

I am holding these 4 stocks at the moment:
Muhibah, Perisai, TAS and TDM…Most probably will carry forward to 2014.
Next year I may change my thread format more towards sharing TA knowledge and my trading experiences than daily analysis of the stocks I am watching.

I am not an FA but if you have any stocks you might like to know about their movement maybe I can help to analyze for you.

Happy Trading…

ooi1955 fitman..thanks and Merry Xmas to you and family..
Enjoy the festive season with your love ones and appreciate those that help us...
2013 has been good and kind to us in the stock market.
Cheers !!

20th DEC

1)MUHIBAH—Still trap inside Rectangle trading range of $2.25 to $2.48. 4 black candles past 4 days imply bearish sentiment may test $2.25/$2.23. Any rebound will find immediate resistance at $2.34/$2.37. I may clear the stock at any rebound to protect my capitals. Stop Loss if $2.23 is violated.

2) PERISAI— Still under consolidation in the trading range of $1.48 to $1.57. 5 Black candles for the past 5 days imply Bearish downward
sentiment. Any further weakness towards support of $1.48 offer opportunity to accumulate for future play as the uptrend is still intact. It is expected to trade higher in the medium term. Any rebound will find immediate resistance at $1.57/$1.60. I have increased my Stop Loss if $1.45 is violated.

3) TAS— As suggested the Doji formed 2 days ago is shadowing the upward movement of TAS in the short term & it also tested the support of $1.15/$1.14 today. The upward momentum has slowed down so more consolidation can be expected.Strong support is at $1.10, any rebound will find resistance at $1.20 and strong resistance at $1.26( previous high). As the counter is still on uptrend in the medium term I have reduced my Trailing Stop to $1.04 ( if violatedd) to give it more rooms to maneuver.

4) TDM— The immediate support of $0.94 holds which is a good sign,as suggested the downward momentum has slowed down so more rebound could be expected to $0.97/$0.99. A break below $0.94 spell more troubles and most likely to head towards the next support at $0.905. Stop Loss at $0.93 if violated (or may clear at any rebound opportunity to lessen my losses).

I will be away and prepare for my weekend Marathon in Chiangmai, might not be able to update. Will be flying home for Xmas after the run, would like to wish everyone Merry Xmas !!

19th DEC

1)MUHIBAH—As suggested consolidated further with reduced volumes and tested immediate support of $2.28. It forms a Doji today meaning indecision, is the price about to reverse? Expect some rebound soon if $2.31 is taken out it is expected to move upward to $2.37/$2.40 levels.( Still inside the Rectangle trading of $2.25 to $2.48). I may clear the stock at any rebound to protect my capitals. Stop Loss if $2.23 is violated.

2) PERISAI— Still under consolidation in the trading range of $1.48 to $1.57. 4 Black candles for the past 4 days imply Bearish downward sentiment. Any further weakness towards support of $1.48 offer opportunity to accumulate for future play as the uptrend is still intact. It is expected to trade higher in the medium term. Any rebound will find immediate resistance at $1.57/$1.60. I have increased my Stop Loss if $1.45 is violated.

3) TAS— As suggested the Doji formed yesterday is shadowing the upward movement of TAS in the short term. Unless this Doji at $1.20 is taken out it may consolidate sideways towards immediate support at $1.15/$1.14, Strong support at $1.10.If break above $1.20 will find strong resistance at $1.26( previous high). I have raised my Trailing Stop to $1.10 ( if violated) to protect my capitals. Please note I may also sell into strength to lock in my profits if $1.20 couldn’t be broken soon.

4) TDM— Briefly broke the immediate support of $0.94, another sign of warning that it may actually head southward if $0.94 fail to hold. Downward momentum has slowed down and any rebound should find resistance at $0.97/$0.99.A break below $0.94 spell more troubles and most likely to head towards the next support at $0.905. Stop Loss at $0.93 if violated (or may clear at any rebound opportunity to lessen my losses).

I am monitoring MPHBCAP (Support of $1.70 is holding well), SUCCESS (Further consolidation offer buying opportunity),ENGTEX ( May re enter if can break above $1.71)

Happy Trading !!

18th DEC

1)MUHIBAH—Consolidate further and still trading inside the rectangle trading range of $2.25--$2.48. The volume has reduced tremendously during consolidation which is a healthy sign. Any rebound should find resistance at $2.37/$2.43. The stock is still on uptrend but the momentum has slowed down, it is most likely to test its next support of $2.28/$2.25. Stop Loss if $2.23 is violated.

2) PERISAI— Still under consolidation inside trading range of $1.48 to $1.57. 3 Black candles for the past 3 days imply Bearish downward sentiment. Any further weakness towards support of $1.48 offer opportunity to accumulate for future play. It is expected to trade higher in the medium term. Any rebound will find immediate resistance at $1.57/$1.60. Stop Loss if $1.42 is violated.

3) TAS— As suggested move higher to test immediate resistance of $1.20 but failed to clear it. It formed a Doji today while moving upward. First sign of indecision and a warning that it may takes a breather to consolidate unless it could break above $1.20 with volume. Any weakness should find immediate support at $1.15/$1.14,Strong support at $1.10. I have raise my Trailing Stop to $1.10( if violated) to protect my capitals. Please note I may also sell into strength to lock in my profits if $1.20 couldn’t be broken soon.

4) TDM— Formed a Gravestone Doji (normally a Bearish sign) but during downtrend may see price reverse upward if $0.94 holds. Any rebound should find resistance at $0.97/$0.99.A break below $0.94 spell more troubles and most likely to head towards the next support at $0.905. Stop Loss at $0.93 if violated (or may clear at any rebound opportunity to lessen my losses).

I am monitoring MPHBCAP (A technical rebound is on the card and $1.70 is holding well), ENGTEX, ALAM , WTK.

Happy Trading !!

18th DEC

1)MUHIBAH—Consolidate further and still trading inside the rectangle trading range of $2.25--$2.48. The volume has reduced tremendously during consolidation which is a healthy sign. Any rebound should find resistance at $2.37/$2.43. The stock is still on uptrend but the momentum has slowed down, it is most likely to test its next support of $2.28/$2.25. Stop Loss if $2.23 is violated.

2) PERISAI— Still under consolidation inside trading range of $1.48 to $1.57. 3 Black candles for the past 3 days imply Bearish downward sentiment. Any further weakness towards support of $1.48 offer opportunity to accumulate for future play. It is expected to trade higher in the medium term. Any rebound will find immediate resistance at $1.57/$1.60. Stop Loss if $1.42 is violated.

3) TAS— As suggested move higher to test immediate resistance of $1.20 but failed to clear it. It formed a Doji today while moving upward. First sign of indecision and a warning that it may takes a breather to consolidate unless it could break above $1.20 with volume. Any weakness should find immediate support at $1.15/$1.14,Strong support at $1.10. I have raise my Trailing Stop to $1.10( if violated) to protect my capitals. Please note I may also sell into strength to lock in my profits if $1.20 couldn’t be broken soon.

4) TDM— Formed a Gravestone Doji (normally a Bearish sign) but during downtrend may see price reverse upward if $0.94 holds. Any rebound should find resistance at $0.97/$0.99.A break below $0.94 spell more troubles and most likely to head towards the next support at $0.905. Stop Loss at $0.93 if violated (or may clear at any rebound opportunity to lessen my losses).

I am monitoring MPHBCAP (A technical rebound is on the card and $1.70 is holding well), ENGTEX, ALAM , WTK.

Happy Trading !!

17th DEC

1)MUHIBAH—Instead of testing the next resistance of $2.48 it is heading back down to the sideways trading range of $2.25--$2.48 (Rectangle Pattern).The weak close of a bearish candle today has slowed down the upward momentum. Unless it could close above $2.35(The BUY signal issued yesterday) to challenge the breakout level of $2.48 it is most likely to re test strong support of $2.25/$2.23. Stop Loss if $2.23 is violated.

2) PERISAI— As suggested it consolidates further with reduced volumes which is healthy. Still trading in the trading range of $1.48 to $1.57.I collected another 50% of shares at $1.51 and may add more on any weakness towards support of $1.48. It is expected to trade higher in the medium term. If it breaks $1.60 will try the previous high of $1.70. Stop Loss if $1.42 is violated.

3) TAS— As suggested it broke above $1.15 with 2X Av volumes which I scale in further 20% of shares, now my average cost has increased to $1.09. 3 White Candles for the past 3 days which is on Bullish Trend, more upward movement and it is expected to test immediate resistance of $1.20 and having immediate TP of $1.26/$1.30. Any consolidation may find support at $1.15/$1.14( Resistance turns support). Strong support is at $1.08/$1.04. I have increased my Stop Loss level to $1.03 (1 bid below $1.04).

4) TDM— Showed more weakness today and rested on the support at $0.94. A break below $0.94 spell more troubles and most likely to head towards the next support at $0.905.Any rebound should find resistance at 40.96/$0.97. Stop Loss at $0.93 if violated (or may clear at any
rebound opportunity to lessen my losses).

I am monitoring MPHBCAP, ENGTEX, ALAM , WTK

P/S Miketyu—CAP, no breakout from CAP, it may have found a new bottom at $0.36 and it is starting a new cycle (Stage 1 accumulation stage),Some accumulation is evident lately and the price is expected to move up steadily in the near term towards strong resistance at $0.45. A break above this level with volumes signal Breakout from round bottom with an immediate TP of $0.54 & beyond, and it also start stage 2 of the cycle and many traders like me will start to chase the stocks too…

Faberlicious can speak Thai too??

Happy Trading…

Chiam4192, Sawadee Krap ! Phuk Thai Dai krap?

INARI—Stage 2 of the cycle and very bullish in the medium term.The medium term upward momentum has not violated and may try next resistance at $1.75 & beyond if $1.65 is taken out. Some correction is expected as RSI and Price had formed Bearish Divergence since 27/11 implies undertone is weaker than though in near term. Any consolidation will find immediate support at $1.60/$1.58 and strong support at $1.54/$1.47. Any weakness offer buying opportunity for future play. First sign of trouble if $1.40 is broken.

Happy Trading..

16th DEC

1)MUHIBAH—It issued a short term BUY signal when breaks above its downtrend line of $2.35 today ( medium term the downward momentum has slowed sown). I collected some at $2.36, even though it is at stage 3 of the cycle (Distribution stage) and price could be volatile. Please trade with caution and I will lock in profits whenever opportunity arises. 3 white candles for the past 3 days which is bullish it is expected to trade higher to next resistance of $2.48/$2.56, a break above may see it re test previous high of $2.72. Immediate support adjusts to $2.28/$2.25. Exit if $2.23 is violated.

2) PERISAI— Some consolidation is expected for Perisai in near term, trading range most likely to be from $1.48 to $1.57, next resistance is at $1.60. Any weakness towards support offer opportunities to collect for future play as it is expected to trade higher in the medium term. If it breaks $1.60 will try the previous high of $1.70. Stop Loss if $1.42 is violated.

3) TAS— It is trading sideways between $1.08 to $1.15. The upward momentum has increased lately and it is most likely to break above $1.15 with volume (Signal short term BUY, I may scale in more shares) will re test $1.20 and the previous high of $1.26. Immediate support adjusts to $1.08/$1.04. I have increased my Stop Loss level at $0.99 (if violated).

4) TDM— Form another “Doji” during downtrend today indicates indecision (a trend Reversal?), tested immediate resistance of $0.97 but failed to clear it on Friday. A break above $0.97 will take it to $0.99/$1.00 (Gap Resistance formed on 29/11).Immediate support adjust to $0.94/$0.93. I have increased my Stop Loss from $0.90 to $0.93(if violated) to minimize my losses.

I cleared all my ENGTEX at $1.71 and SUPERMX average $2.83 to lock in my profits.

I am monitoring MPHBCAP, ENGTEX, SUPERMX, ALAM , WEIDA as suggested by ProfitMan & L&G suggested by sephiroth.

Happy Trading…

Vivi Yap,

MALTON—Stage 3 (Distribution stage) of the cycle, price can be volatile. Do trade with caution. From what looks like the Double Top pattern (Bearish implication) with neckline at $0.725 on the weekly chart. RSI & Price forms Bearish Divergence implies weak undertone in the medium term. A break below $0.85 will be the first weakness signal and it is most likely to re test $0.725 support level. Short term trading range is expected to be from $0.85 to $0.94.A break above will face resistance at $0.96 and very strong resistance at $1.01(previous High).

CLIQWA—Not sure what happen to my chart on this counter, it shows no transaction at all for the whole week last week. I really can”t help to read the chart because of no record for the whole week. Is the stock being suspended?

Connie—Sawadee Krap !!You have improved on your TA.. You are right that on the weekly chart, it may have reached its peak at @$5. 94 and now at stage 3 of the cycle ( As I mentioned unless $5.94 is broken with volumes then it may still proceed with stage 2 of its cycle).I am not sure how everyone trade whether short term (Like Me), medium term or long term. I don’t think Long Term investors cared so much about TA as they based on their investment on FA. So I normally give a medium term or short term views. As I always said charts reading is only a guide, the most importing thing in trading is a Plan.( with a plan we know what to do when we are wrong, and many times we are wrong!!)

Sephiroth—Ya L&G is on stage 2 of the cycle and heading for its immediate target of $0.50/$0.51. Well Done you are on a winner again. Congratulation !! Ya, it is worth a look when consolidating, thanks I will put into my watch list.

Have a nice weekend !!

Sharem,

Sceintex—Stage3 of the cycle unless it could break above $5.94 with volumes.During this distribution stage price can be volatile, forming what look like a “Double Top” (Bearish Pattern) with neckline at $4.55 on the weekly chart (Medium Term). Short term the upward momentum has increased so it is most likely to test immediate resistance of $5.70 and strong resistance at $5.84. Immediate support adjusts to $5.50 and strong support is at $5.39.Exit if $5.38 is violated( 1 bid below $5.39).

Pintaras---For Pintaras can you explain to me on 12/12 why the price drop from $6.20 to $3.08? If it is due to shares split or others exercises my chart cannot adjust accordingly so I really cannot help.

Vivi Yap—I will look at the charts of Malton/Cliq wa maybe tomorrow for you..

Have a wonderful weekend !!

Thanks profitMan for Weida analysis, will definitely look into it over the weekend..
I am still on/off internet but this morning i saw Muhibbah issue BUY signal...So maybe will collect some Muhibbah..
I am locking in profits on Supermx (Still Can break the reaction high of $2.85) and Engtex ( Still cant break above $1.72)..
Happy Trading…

sharem, I am still on my yearend holiday but i am at my Northern Thailand home which i can access my charts, I will look into Scientex and Pintaras over the weekend for you..Good night !!

13th DEC

1) ENGTEX—As suggested tested immediate support of $1.64 but managed to hold. The engulfing Bear formed on 28/11 at $1.71 is still shadowing the upward movement of the counter. Even though today it formed an “Engulfing Bull” which is a Bullish signal, but the undertone is still weak and I doubt it could break the strong resistance of $1.72 (Engulfing Bear formed on 28/11) soon. If break above $1.72 ( I will scale in more shares) it will try next resistance of $1.76/$1.78 (The Dark Cloud formed on 29/10).Failure to close above $1.69 tomorrow implies temporary top and I will clear to lock in my profits. Support adjusts to $1.64/$1.60. Exit if $1.52 is violated (2 points below $1.54)

2) PERISAI— As suggested it moved higher and tested its immediate resistance at $1.56 today but failed to close above $1.56. Form another white candle today implies more upward movement towards next resistance of $1.60. If it breaks $1.60 will try the previous high of $1.70. For short term trader like me immediate support adjusts to $1.50/$1.45, any weakness towards support offer opportunities to collect for future play. I have increased my Stop Loss level from $1.42 to $1.45 (If violated).

3) SUPERMX—as suggested it tested its reaction high of $2.85 today but failed to break above it. It has formed an “Ascending Triangle” and a break above $2.85 with volumes (I will scale in more shares) signal completion of the Triangle and it should move much higher ( I may also cleared if $2.85 could not be broken to lock in my profits). It is expected to re try to scale above $2.85 in near term to test immediate resistance at $3.00. Immediate support adjusts to $2.76 and very strong support at $2.70. I have increased my Stop Loss if $2.70 is violated to protect my capitals.

4) TAS—It is trading sideways between $1.08 to $1.15. Even though it is still down trend but the downward movement has slowed down. A break above $1.15 with volumes will re test $1.20 and the previous high of $1.25. Immediate support adjusts to $1.08/$1.04. Exit if $0.99 is violated.

5) TDM— Form a “Doji” during downtrend today indicates indecision (a trend Reversal?), a break above $0.97 will take it to $0.99/$1.00 (Gap Resistance formed on 29/11).Immediate support adjust to $0.94/$0.93. I have increased my Stop Loss from $0.90 to $0.93(if violated) to minimize my losses.

I am monitoring MPHBCAP, (ALAM maybe not ready yet).

Happy Trading…

12th DEC

1) ENGTEX—Fail to move higher today and formed a Separating Line indicates more downward consolidation movement can be expected. The engulfing Bear formed on 28/11 at $1.71 is still shadowing the upward movement of the counter. Expected trading range of $1.60 to $1.68, a breach above $1.72 (taken off the Engulfing Bear on 28/11) with volumes may see it re test previous high of $1.78 & beyond. Failure to clear $1.72 ( I will lock in my profits) may see it consolidate towards the immediate support of $1.64/$1.60 & strong support is at $1.54. Exit if $1.52 is violated (2 points below $1.54)

2) PERISAI— Today form a Rising Window and closed with a White candle with increased volumes implies Bullish trend. More upward movement to test its immediate resistance at $1.56 and the previous high of $1.70 is on the card. Immediate support adjusts to $1.45/$1.43 and any further weakness offer opportunity to collect for future play. Exit if $1.42 is violated.

3) SUPERMX—Re enter Supermx today as it is forming an “Ascending Triangle” with the reaction high of $2.85. Today it closed with a white candle would expect more upward movement towards $2.85 in the near term. A break above $2.85 with volumes (I will scale in more shares) signal completion of the Triangle and it should move much higher. Immediate support adjusts to $2.70 and very strong support at $2.61. Stop Loss if $2.60 is violated.

4) TAS—Today close with a black candle it is expected to trade between $1.08 to $1.15. A break above $1.15 with volumes will re test $1.20 and the previous high of $1.25. Immediate support adjusts to $1.08/$1.04. Exit if $0.99 is violated.

5) TDM— It is showing more weakness by closing with a black candle today. It is expected to re test its immediate support of $0.94.Any rebound will find resistance at $0.97/$0.99 (May cleared my stocks if $0.94 fails to hold or any rebound to minimize my losses). Exit if $0.90 is violated.

I am monitoring ALAM & MPHBCAP

P/S Due to my internet problems at my place here I may not be able to post sometimes.

Lawrane, KLCI is setting new high with low volumes, it is all year end window dressing..


Happy Trading…

Lawrance Lai, Fitter do observe the Stop Loss level of $0.72. If
violated will go down further.For your

PESONA--The Dark Cloud formed on 12/09 is shadowing
the upward movement of this stock. Trend wise still bullish as the
Uptrend line is still intact. A break above $0.50 will take it back
to the $0.54 level which very strong resistance could be
expected.The upward momentum has slowed down so any consolidation should
find support at $0.455/$0.43.First sign of weakness if $0.455 is violated.

Happy Trading....

Lawrance Lai,
DAYA--Very bullish and is at stage2 of the cycle.
After hitting high of $0.41 on 31/10 it has started
consolidation with reduced vol which is healthy.
It has on many occasions try to break $0.38 but failed so far.
A break above this level signal Buy for next resistance
at $0.41.If break this level may find very strong Resistance of
$0.45(Its previous high). Immediate support adjusts to
$9.365/$0.355.

Happy Trading..

Lawrence, I cleared Fitter when it could not break abov $0.77 to protect my capitals. I will look into DAYA and PESONA for you later. I am just back so many charts to study for my next purchase.

jennylee, the charts reading for:

ASUPREM—Very bearish. Trading range of $0.18 to $0.21. A break below $0.17 signal more downward movement to test the previous low of $0.14. It is dangerous to try bottom fishing I would only look at this stock if it breaks above $0.21 with volumes. The only good point about this stock is the support of $0.18 is holding well, RSI and price formed a Bullish Divergence indicating some accumulation is going on. It is more likely to test the strong resistance at $0.21 in the near future if $0.18 is not broken.

SALCON-WA--- It is very Bearish trading below its downtrend line. A Falling Window formed on 05/12 at $0.145/$0.125, this Gap which the stock might try to close has formed a strong Gap Resistance. It is better to look at this stock if it can break above its Downtrend Line of $0.165 with volumes. If not expect to trade downwards to $0.105 if break will test the previous low of $0.07.

Sephiroth
L&G---Broke out from $0.395 on 02/12 with volumes and it is starting stage 2 of the cycle. Very Bullish and has an estimated target of $0.50.It is closing its Gap resistance at $0.44 now and strong resistance at $0.46.The upward momentum has slow down meaning some consolidation may take shape.Immediate support adjusts to $0.41/$0.395 (Resistance turns support). Any consolidation offer opportunity to purchase for future play.

HAPPYTRADING...

11th DEC

1) ENGTEX—Re entered Engtex when support of $1.54/$1.56 holds, average costs bought at $1.58. It may have found a new bottom at $1.54 and even though it is not out of the wood yet, a breach above $1.72 ( taken off the Engulfing Bear on 28/11) with volumes may see it re test previous high of $1.78 & beyond. Failure to clear $1.72 ( I will lock in my profits) may see it consolidate towards the immediate support of $1.64/$1.60 & strong support is at $1.54. Exit if $1.52 is violated ( 2 points below $1.54)

2) PERISAI— Sideways movement between $1.43 to $1.50. Unless it could closed above $1.52 (Doji formed on 26/11) with volumes the counter is expected to be in dull mood.3 black candles last 3 days, more downward movement to $1.45/$1.43 can be expected. Exit if $1.42 is violated.

3) TAS—Re enter TAS at $1.06 after locking the earlier profits at $1.14. Today it breakouts from its Downtrend Line at $1.12 with increased volumes which I scale in another 50% of shares, now my average cost increase from $1.06 to $1.08. The downward movement momentum has reduced, it is expected to test its immediate resistance at $1.15 if break will re test $1.20 and the previous high of $1.25. Immediate support adjusts to $1.08/$1.04. Exit if $0.99 is violated.

4) TDM— Still trapped inside the Bullish Flag pattern, unless it could break out from the Flag at $1.03 with volumes it is expected to trade between $0.935 to $1.02. The momentum for upside movement has increased, it is expected to move above $1.00 to try $1.03. Exit if $0.90 is violated.
I am monitoring SUPERMX, ALAM, MPHBCAP

Happy Trading !!

P/S: sephroth, thanks for highlighting L&G, i v look at it tomorrow.
Thanks jvei and ooi1955.. Happy to be back! Actually i am still in Northern Thailand for y yearend holiday.

faberlicious and connie,when i was away i have to use my HP app to look at stock price, but i have made a list of all my counters with ths support and resistance, break out level etc and carry with me everywere.That is why today when TAS broke $1.12 i scale in another 50% of shares.
Now i am back to my place with my computer, at least i can look at the charts.The problem is with my internet as i have no wifi here i am using pre paid internet with the pan drive,very unreliable..
Hopefully i can post my stocks after the dinner..

Enjoy your dinner too...

Wow..finally back from Chiangmai and just reached my own home in Northern Thailand...
Now will be able to access my computer and charts..The days of using my HP app to look at stock price is over..
Re entered Engtex when support of $1.54 holds few days back ..
Tonight has steamboat dinner with some Thai friends and after that may be able to study some charts.

Jennylee, those charts you requested I will try to read them when I am a bit free K?

Happy Trading !!

ooi1955, It is very kind of you, really appreciate the info about Dr Siva. I will look into it when back to KL..

Imoogi99, nice to know another runner in this thread. JennyLee like to run too. Ya, I agreed with you the training and running Marathon can really hurt our knees. I will definitely get a 2nd opinion when back to KL.. Maybe like you need to switch sport too.

Sorry this thread now talking about my knees instead of charts, it is frustrating I cant access my charts at the moment.

Need to go now, will drive down to Chiangmai and spend my weekend there..

Happy Trading…

Thanks tiongms, stockwatch and ooi1955..
The specialist advised me to stop running and take up swimming or cycling..
I think I will seek 2nd opinion when back to KL end of the month..I will try to finish my Chiangmai Marathon first..

Stockwatch, thanks for the info for dharmagiri orphanage, I would like to visit too.

Ooi1955, the market is at all time high now, just pick the right stocks. Remember to follow the trend..

I may re enter MPHBCAP when come down to $1.68/$1.66 ( I locked in all my profits at $1.78/$1.77 earlier)..I re entered TAS at $1.06 ( Clearing all around $1.14 earlier)..Will be interested in Engtex if support of $1.54 holds..

Happy Trading…

Ooi1955;many thanks on ur advices..
I am actually at private hospital in Northern Thailand now..
Waiting for my turn to c the bone specialist..
Because i am running Full Marathon in Chiangmai i need
Some medical advice too.

Hope u all r doing well in the stocks..

Thanks connie n Ooi, miss u all too...
My knees still hurt but i finished the 1/2 Marathon v pain killer..
It was an wonderful experience especially those kids lined up
On the street n cheers us on...