Thanks Dunknow & sunflower22 for your kind words.

But i do pick losers too, remember to take your losses early if the stocks i picked turned against us.
Whether it is Bull/Bear market, Discipline and a Trading Plan are the only way to make money consistently in KLSE.
Oh, remember to lock in profits whenever opportunity arises.

Happy Trading

Thanks Connie, ya..I think 1800 is an important psychological level too.

Happy Trading

Hi Connie,

In this black October i hope you are not caught like many.
Last Friday the technical rebound must have brought some reliefs to many traders.
So how is wave reading for KLSE?
I received many emails asking the future of our stock market, maybe you can shine some light by reading the waves for them.

Have a nice weekend.

Happy Trading

profitMan, thanks for the wonderful article for Dunknow.
Precise and informative, i think you made many valid points in this difficult market. Appreciate it!!

Duit..thanks for the your input to Dunknow too, now most traders blur blur really dunno what to do.Your article helps to cheer TCB up !!

Happy Trading.

Sky,

My reading of MEGB on 14/10/2014 through email:

MEGB (5166) —It has shown a lot of strength when KLCI was moving downward, it has formed bullish divergence with KLSE.I would expect it to break above $0.43, a break above $0.43 confirms Ascending triangle break out it is expected to test its next resistance at $0.45/$0.465/$0.485 and final target of $0.545 in mid term. Stop Loss if $0.40 is violated.

My update last night:
MEGB (5166)—Hit my target of $0.45 I am out with some profits. It is very bullish and today it gapped up and may re enter if the gap support of $0.43/$0.425 holds.

Happy Trading

jasonor > Oct 14, 2014 12:39 PM | Report Abuse
dear tcb, what is your view on fbmklci? any rebound soon?

KLSE is currently heavily oversold and some technical rebound can be expected soon. It is trying to climb above its psychological support line of 1800. If able to stay above 1800 it is expected to re test 1802.34 and 1809 level,very strong resistance expected to be at 1824. During this rebound expects those traders that did not take early losses to start to clear their position. Today it hits a low of 1790 and this level will be its immediate support. Failure to hold will bring it down to the next support at 1780.

To answer your question: A rebound is definitely on and it is most likely to be short lived.

Happy Trading !!

teyl333,

CENSOF(5195) —Hit my target of $0.67 last week, which I locked in more profits. Formed a Bearish Harami Cross last Friday,is this the price reversal ? Maybe some weakness towards support of $0.605/$0.595, strong support is at $0.58. I won”t use this pattern for the primary trend reversal yet, but would like to see it acted as a continuation pattern for the primary uptrend. Immediate resistance at $0.63, if breaks will re test $0.66/$0.67/$0.70. For a short term trader stops loss if< $0.55.

Happy Trading

RI77,

SUPERMX (7106) —As suggested it break out from its round bottoms at $2.28 with volume last Friday which carry an immediate target of $2.40 & beyond. Any weakness should find immediate support at $2.28(Resistance turns support) and as long as it stays above $2.28 it is expected to test its immediate resistance at $2.32/$2.35. For a short term trader stops loss if $2.25 is violated. For mid term trader your Stop Loss if $2.17 is violated.

Happy Trading

Hi Duit,

Always nice to hear from you and glad that you are doing great in the stock market.

Today, Alpha Trader posted TALIWRK(8524) and you all might want to read about the potential of this under value company.

http://klgemseeker.blogspot.com/

Happy Trading

TraderR88 ,just send an email to me at:

matrixcool02@gmail.com
(02-reads Zero Two)

No need to subscribe, FOC..

Happy Trading

TraderR88,
I did the chart reading for my email readers 2 days ago.(30/09)

GOODWAY(7192) —Goodway shows first sign of weakness by closing below $0.60 today.Formed an Engulfing Bear so unless $0.61 is taken out more downward movement can be expected. It may retest its immediate support of $0.575 and strong support at $0.555/$0.545.Stop Loss if $0.54 is violated for short term traders. I may clear more to protect my profits. ( Cannot break $0.59 and hopefully break high of $0.61). (P/RSI Bearish Divergence)

Happy Trading

tsy88 --Wow, impressive trading on KSSC.

You and inwest88 are doing very well during this testing time.

My Congratulation to you both.

Happy Trading.

belkg > Sep 28, 2014
Kindly adv on kssc.. tks

Biking, PSSC will be my top pick for trading next week in my email to my readers.

KSSC (5192)--- It broke above $0.695(after 4 months consolidation )with volume on 24/09 and hit a new high of $0.745. It is very bullish and the sharp rise of price on 24/09 is forming what we refer as the Flag Pole, any consolidation it is expected to trade inside the Flag/Pennant pattern which offer a good buying opportunity. It is expected to re test $0.746/$0.785 / $0.80 and beyond.Stop Loss if $0.69 is violated.

Happy Trading.

Luckyno7—Borneo Oil

BORNEO OIL(7036) —Some consolidation after hitting a high of $0.67 two days ago.Do monitor Support of $0.64(Resistance turns Support) and if it can stay above $0.64, it was expected to test my target of $0.685/$0.70 /$0.72. Stop Loss if $0.64 is violated.Note: The smart money is still not in Borneo oil.

Happy Trading..

Alpha Trader, welcome to TCB.
Your sharing here is highly appreciated.

Happy Trading!

LyyInvestor > Sep 23, 2014 11:28 AM |

ENGTEX-- It broke out from the Bearish Descending Triangle on 21/08 and hit a high of $1.97 with increased volume . It subsequently hit my immediate target of $2.00 but fail to stay above $2.00 convincingly. A break above $2.00 will take it to the Gap Resistance of $2.10 and to my target of $2.20. Failure to stay above $2.00 may see it moving down towards immediate support of $1.96/$1.93. Stop Loss if $1.86 is violated.

Happy Trading

Winwinborn,

GADANG---It is still trading below its immediate downtrend line, but with a possibility of more rebound after finding low of $1.70 lately. Any rebound should find immediate resistance at $1.78 if breaks should find strong resistance at $1.84. Any further weakness and if break below $1.70 should find strong support at $1.62. Stop Loss if $1.62 is violated.

Happy Trading

Lady77,

ECOFIRS—Weekly Chart—Trading inside the Uptrend Channel. It is very likely to re test its immediate support of $0.335/$0.32.
Daily Chart—Sideways movement with downward biased.Short term consolidation looks over if $0.335 stays. Formed a Doji today implies indecision which needs further candles for confirmation.A break above $0.355 should take it to $0.37/$0.38 level which do not it can break above these levels during this period.A break below spell trouble and Stop Loss if $0.32 is violated.

Happy Trading

Hi connie, many thanks for sharing your wave study on SMRT, appreaciate it.

Ya, I am looking at $0.86, if can"t break above no trend reversal I will be out. Stop Loss if $0.76 is violated so a small risk Buy.

BIG is very bullish, if can break $0.865 maybe you can look at $1.00/$1.05 in the near future. Congratulation.

Happy Trading.

connie ,

Thanks for those kind words.

K..v look at BIG, thanks for sharing.

I like SMRT for next week.

Happy Trading

Onghenghuat,

DESTINI
Weekly Chart (Mid Term)—It has been trading inside the down trend channel for the past 3 months, but manages to stay above its mid term uptrend line.More sideways movement from $0.64 to $0.695 is expected. A break below $0.625 signal troubles for midterm.
Daily Chart—May have found a new bottom at $0.625 and it is trying to break above its immediate downtrend line at $0.685.A break above this level signal Price reversal and it is expected to test its strong resistance at $0.71. At the moment it is trading sideways with downward biased, it is likely to test its immediate support at $0.66/0.65.Stop Loss if $0.62 is violated.

Happy Trading

connie ,

I am so happy profitMan is leading the TCB. He is doing a great job and TCB panels has improved on their TA skill.
I am happy for you to be a Wave expert in such a short period while I still penning when sea waves. Imagine I used to love water sport when I was young.

You too have a great weekend.

Happy Trading.

P/S: If spot any good wave counters do share with us in TCB...

Hi Connie,
Busy Sunday for you i see..

Happy Trading !

miapancho,

Thanks for highlighting on KLSE screener, ya, it may be useful to many investors on those counters if you are looking at those filters that is in line with your investment strategy.
TCB is definitely on TA only, so High PE, ROE etc may not be our first priority. We believe in TA and if a counter show signs of a rebound, breakout or Price Reversal we may start buying and Trade. But we always trade with a Traind Plan, do set our stop loss level if the trade goes against us.
I think those indicators you mentioned are more for FA, most of them will find them more useful than us in TCB. Even though we opined differently with FA but we do respect those that trade on FA, to us it is just two schools of thought.
Even in TA reading, we opined differently on different indicators, we learn each day from other TA how they interpret in chart reading.

Happy Trading !

inwest88 --morning to you. Any stocks that you may want to share with us for next week?

Onghenghuat,

SCICOM—Stage 2 of the cycle and very bullish. Like you I am riding on SCICOM since 04/09 from $1.36 until now. The next logical target is at $2.00 if can stay above $1.80. For stage 2 cycle and stock setting new high, TCB encourages traders to set a Trailing Stop to protect your profits and at the same time enjoy the ride. I have raised my Stoo Loss up a few times to protect my profits in case there is a Big pull back.
How to set your own Trailing Stop depends on your entry price and how much you are willing to give back if there is a Pull Back. I will provide you the supports for your own consideration.
Immediate support adjusts to $1.70,$1.60 and strong support at $1.53. Or you can always lock in partial profits or sell everything into strength. TCB also encourages traders to lock in profits when the opportunity arises.
In Stock Trading, the most difficult part has always been selling because of our Fear and Greed.

Happy Trading !

Appreciate ,

Congratulation and you are welcome, but remember to set Stop Loss if the counter I chose turn against us. Remember always take losses early.

Happy Trading

# brendonyeap > Sep 7,
Matrix : can u comment about Amprop? Thanks #


AMPROP—Very Bullish stage 2 of the cycle. It has found a temporary top at $1.50 and a break above will take it to uncharted territory with next target estimated at $1.57/$1.60. Any weakness should find support at $1.43/$1.40. A break below $1.40 shows weakness as the next meaningful support is at $1.36/$1.34. For stage 2 counters, TCB always encourages traders to set a Trailing Stop to protect your profits in case there is Big Pullback.

Happy Trading.

Pvd-Investor

OCNCASH—After breaking out from the Ascending Triangle at $0.335 on 26/08 it hit a high of $0.37 which is short of my target of $0.40. It has since retraced back and is trading near to its uptrend support of $0.305. It has formed an “Uptrend Channel” that has Higher High and Higher Low which has bullish implication. As long as the Uptrend Channel is intact, it offers opportunity to collect for further movement upward towards it resistance on the uptrend channel. The Engulfing Bear formed in $0.365 is shadowing the upward movement of OCNCASH and if breaks will try its immediate target of $0.38/$0.40. Stop Loss if $0.30 is violated.

Happy Trading

KLSC,

SAB—Stage 4 of the cycle, avoid at all cost. Formed a Hammer last Friday after hitting a new low of $4.88 and whether this will be the new bottom is yet to be confirmed. Some technical rebound can be expected if break above $4.95 towards $5.05 and $5.10/$5.12. If you are thinking of Bottom Fishing please set Stop Loss if $4.88 is violated.

Happy Trading

char09 ,

Please send an email to me at:

matrixcool02@gmail.com (02 reads zero two)

Happy Trading

Post removed.Why?

# Posted by RI77 > Sep 2, 2014 10:50 PM | Report Abuse
Bro. matrixcool,
Am i in your mailing list?
I have not received any recommendation stocks from you.
God Bless. #

HI RI77,
The weekly summary is sent as an attachment, did you check that?

If you still haven’t received it, please email me again at:

Matrixcool02@gmail.com ( 02reads zero two)

Note: The stocks I mention in my email is not a Recommendation, I am just sharing with you what stocks I am trading now.It is NOT a Buy recommendation. If you choose to trade the same stock do set a Trading Plan and observe the Stop Loss level I mentioned. I pick losers too.

Happy Trading

Hi connie,
Thanks to Fitter Wave theory.Appreciate it.
You have a wonderful weekend.

Happy Trading

connie --Thanks.
So to Waves theory FITTER also in wave 4? Can you highlight further when did it start wave 4 corrective wave? Is $1.38 high of wave 3? ( I know it formed a Bearish Harami on 27/08 at high of $1.38 implies some consolidation).Where is the next support of Fitter for Wave 4? Sorry I am always confused with Waves.
I only use 4 stage cycle and Fitter is still on stage 2 which is very bullish.

Happy Trading.

Connie, yo.. Needs not to if you prefer to be at your own home. I just think it may help other readers reading his post.So in wave theory not a Buy yet right?

Happy Trading

connie ,I think you should comment on the wave on Wayne post about Tambun.

Happy Trading

inwest88 ,Congratulation on your AWC.
Maybe i should had followed you and make some money out of it too. I did not because i don't want to be over trade.
Enjoy your profits and have a restful weekend.

Happy Trading

duitKWSPkita, wow impressive analysis of your T3/T4 theory. I think i learnt something today too.
Thanks you and appreciate your contribution in TCB.

Hi Connie, hope to contribute here sometime, but no wave for me.Very happy you all doing so well here !!

Happy Trading my friends !!

duitkwspkita ,
Welcome to our TCB..
We appreciate your contribution.
Happy Trading

Hi connie , so nice of you to drop by here. It is always nice to hear from you.

Dunknow --You can buy warrants like the mother share, no T&C..

Happy Trading

kukubird --Fitter is covered in my mail.
Are you in my mailing list?
If not please send an email to me at:

matrixcool02@gmail.com (02 reads zero two)

Happy trading

Dunknow.

SAMUDRA—Rebound In The Making.
WEEKLY CHART—Uptrend intact after breakout from $0.505 with volume,estimated target is at $0.63. Stop Loss if $0.46 is violated for midterm traders.
DAILY CHART--This stock is my chosen stock for Quick Trade in my mail. The reason being it is moving in such a volatile manner which offer trading opportunity if you get it right.
The Engulfing Bear formed on 20/08 at $0.61 is shadowing the upward movement. The consolidation may be over soon, as the downward momentum has slowed down with the next important support at $0.505/$0.49 looks like holding. Any rebound should meet immediate resistance at $0.565 (Its immediate Downtrend Line), a break above signal price reversal to challenge the Engulfing Bear at $0.61.Confirm Trend reversal if break $0.61 to target of $0.67/$0.70. Stop Loss if $0.49 is violated.
Note: Do looks at the warrant as it is not as volatile as the mother and tends to move faster when mother share rebound.

Happy Trading

Yongyou,

PERISAI—I used to trade this counter, made some money earlier, but the last time I trade on it, I actually cut losses when it broke below the Symmetrical Triangle on 26/06. After 26/06 it did try hard to climb back inside the Triangle but the final breakdown came on 11/07 and it started its stage 4 cycle to the new low of $1.35.
Now, It is starting Stage 1 of the new cycle and trading inside the Rectangle of $1.35 to $1.45. If you are thinking of bottom fishing do set a stop loss if $1.35 is violated.Any rebound should find strong resistance at $1.45.

AAX—This counter was chosen in my “Quick Trade “ and I traded 3 times in and out of it, each time locking some profits. The last time I had warned traders for a big pull back because Price/RSI started to show Bearish Divergence.
The stock did that Big Pull Back as suggested and hit a low of $0.73, on the way down it must have shaken many traders out. Those without a trading plan or not disciplined to Stop loss may have been caught too. The Fallen Gap on last Wednesday look like a runaway gap and AAX may try to close that Gap at $0.81 (which will act as a strong resistance). Any further rebound will invite sellers that were caught on top to sell. Immediate support adjusts to $0.77 and strong support is at $0.73.

Happy Trading

tsy88 , you are right Maybank also restrict SMRT and ALCOM to cash account.
inwest88, i might not recognize you in email because it is different from I3 identities.
Yeah, it will be a good idea to exchange our stock pick can compare notes.

Happy Trading

inwest88 , I think I want to be on your mailing list if you have one.
Let share our trading stocks. Please send an email to me at:

matrixcool02@msn.com (02-read zero two).

inwest88 , TCB is glad that you are with us here to help many of your stocks pick..
Can you identify yourself because email and your user name could be different when you email me.

Good Night

sunshine96 and R177,

Thanks for the kind words. TCB always encourages trader to cultivate the habits of profit taking and take early losses.beside this we also encourage trader to trade with a plan, especially the Stop Loss level.
We are happy both of you are disciplined enough to carry out those strategies that we believe strongly.

Happy Trading

Skyland,

SEACERA—Hit my target of $1.40/$1.44 (at $1.42) on 19/08 and started its consolidation now. The uptrend is intact and due to panic selling yesterday Seacera even violated its strong support of $1.24 but managed to close above it. Some sideways consolidation( $1.24-$1.35)can be expected in the near term and if you are collecting during consolidation please set your Stop Loss if $1.20 is violated for the short term trader and $1.12 (if violated) for mid term traders.

happy Trading

inwest88, you are welcome and thanks to you for choosing many good stocks to trade and share in TCB.Appreciate it !
I have been trading Alpha Trader blog stocks since he first emerged lately, I must say those stocks really move in the way very suitable for traders like me.

Happy Trading.

tsy88,

Did you buy ILB beside Keladi in my FIFO? ILB almost hit my target of $1.07 after i first posted at $0.95.

Ya, it is hard to trade Bone counters,I personally prefer Alpha Trader blog because his counters once posted are always moving up at a pace we traders can benefit.Most of my mailing list friends benefited from the counters he posted. The latest being Samudra and SNTORIA. Please visit his blog at:

http://klgemseeker.blogspot.com/

You may want to look at SMRT because consolidation looks over. I believe it will past $1.00 in the near future.

Happy Trading