tsy88 ,

BREM— Tested immediate support of $2.08 and holds.Any further weakness and $2.08 will be the immediate support. It is expected to scale higher to its immediate Resistance at $2.17/$2.24. Will clear if $2.03 is violated (Uptrend Line).
It breaks out from its downtrend Line and that line reading is $2.10 now and decreasing.

PRLEXUS--Very Bullish after breakout from $1.68, expect it to hit my TP1 of $1.80 soon. Any weakness should find immediate support at $1.70/$1.68. You are right never chase a stock and lose focus on your Risk/Rewards Ratio..I have also raised my Stop Loss level to $1.60 if violated with volume.

Sorry guys dint have time to email the update last night.

Happy Trading.

ambrsc—Thanks for the kind words. The purpose of TCB is doing our best to try to help forumists with their stock TA. We also welcome those that want to share their own reading to foster the learning relationship together.

If you need any TA reading about your stocks do post them here, we will be happy to look at them.

Happy Trading..

sunlight,

Thanks for sharing Tadamax.

Tadamax--Sideways movement from $0.45 to $0.53. A break above $0.53 with volume signal breakout(Buy signal) to immediate target of $0.60.
Stop loss if $0.42 is violated.

Happy trading..

Bravo,

L&G—It filled the Gap that was formed on 16/04 at $0.54 and this Gap Support also acts as a neckline for a Descending Triangle. A Descending Triangle normally has Bearish Implication but like any Triangle the direction of the breakout determine the next course of price movement. If you are trading this counter, the trading range is from $0.54 to $0.57.A break above $0.57 with volume signal breakout and it should be moving back to $0.585/$0.60 and stay in stage 3 of the cycle. A break below $1.54 with volume means breakdown from the Triangle and also starting stage 4 of the cycle which is to be avoided.

Note: For those charts that we could not read tonight we will do them tomorrow.

Good Night..

12/06/2014

Old Stocks Update:

ENGTEX--Upward Momentum. Ex Dividents today and put in a good performance by breaking above $1.88 signal price reversal for short term to $1.90/$1.93 (Gap Resistance). The next strong Resistance is at $1.98 if the gap is filled.

MUDA—Downward Momentum slow down. It t​needs to close above $1.84 for price reversal. Immediate resistance at $1.84/$1.90. Stop Loss if $1.78 is violated.

WCT— Upward Momentum , may test immediate resistance at $2.26/$2.30.

For those that are holding WCT, i may cleared mine to release my capital as i find this counter to be volatile and hard to trade. I am happy with the profits from the dividends.

Happy Trading..

Stocks alert through Emails yesterday:

GADANG—Hit my target of $1.85 and it did better than i thought. I am very happy some of you bought in today and make some money. I cleared all mine at $1.85 to lock in my profits.


BREM— Upward Moemntum. Breakout from its immediate downtrend line at $2.10 today with volume signal Trend Reversal. It is expected to scale higher to its immediate Resistance at $2.17/$2.24.A break above will take it to its previous high of $2.36 and into uncharted territory. Any weakness will find immediate support at $2.08 and very strong support at $2.01.Stop Loss if $2.000 is violated.

PRTASCO—I cleared all my remaining 50% of PRTASCO today at $2.02 to lock in my profits .

Happy Trading...

johnny cash,
i did the chart reading for CYPark on 03/06..

CYPark—Stage 2 of the cycle and very bullish, It is under consolidation in downward movement after hitting a high of $3.05 on 23/04/14. It hit a low of $2.74 today and if this low cannot hold it is expected to test its strong support at $2.70 and $2.65 which may offer buying opportunity for future play. Cypark shows weakness if $2.65 is violated because that means it violated its Uptrend Line ( as of today and value increasing each day). A break above $2.82 signal Price reversal and it should re test its immediate Resistance at $2.90 if break will re test its previous high of $3.05. For the short term trader you may want to Stop Loss if $2.65 is violated with volume.

After the reading,

The Support of $2.65 holds well and the uptrend is intact, any rebound should find immediate Resistance at $2.78.A break above $2.78 confirm Price Reversal to try $2.85/$2.90. Immediate Support adjusts to $2.65 and Strong Support at $2.59. (Mid term trade may set Stop Loss if $2.59 is violated with volume)

Happy Trading

cherry tomato --what was your entry price? If you had bought in after my posting on 6th May for Bottom Fishing you should have gotten out when $0.49 is violated.
TCB does not encourage average down, you should have taken your loses and move on.
No Offend but there is a saying:
# Only Losers average Losers# in the stock market.--Unquote !

Happy Trading..

cherry tomato, BJCorp --The scenario remains the same that is very bearish except $0.49 is violated and found a new low of $0.455 and yet to be tested.Can you tell me are you trying to bottom fishing? As I always say we will avoid stage 4 counter at all cost.

Happy Trading..

Chenlai,

BERTAM--After the reading as what you said it violated immediate support of $0.96 and consolidation is expected to be longer than anticipated. It is heading to the strong support as mentioned by me i.e $0.90/$0.88, any rebound may find immediate resistance at $0.96(Support turns resistance) and strong resistance at at it previous uptrend line(As of today the reading is at $1.03 and rising).

Happy Trading

PRTASCO—As suggested yesterday, hit the previous high of $2.04 but fail to break above it. Immediate support adjusts to $2.01/$1.99. It needs more volume to penetrate $2.04. I sold 50% of my share to lock in my profits. I have increased my Trailing Stop at $1.99 to protect my remaining profits.

Chenlai--profitMan cover GHLSys, i will let him answer your query.
BERTAM--I will look at the chart for you tomorrow.
Please send me an email at:
matrixcool02@gmail.com (02 read zero two)

davidlee --TCB will look at MRCB for you tomorrow.

Happy Trading and Good Night..

tsy88 ,

You can reach me at:

matrixcool02@gmail.com

(02 reads zero 2)

Happy Trading

10/06/2014

Old Stock Update:

PRTASCO--lack of volume to break its previous high of $2/04..I have raised my Trailing Stop at $1.99 to protect my profits or may also selling into strength..

Happy Trading..

livermore, I did the chart reading for ck on 05/06 on DESTINI , I want to thank Lz Lee Weiping for his input on Destini.

# DESTINI—It is at stage 2 of the cycle and very bullish. Now forming what looks like an Ascending Triangle with reaction high at $0.675, a break above this level with volume will take it to its previous high and into uncharted territory. (05/06)#

I agreed with Lz Lee Weiping that the breakout today is short of volume to scale to new highs. But if it can take out $0.685 soon it will definitely try its previous high of $0.70/$0.705 and if break will enter into uncharted territory. It will need big volume to break $0.705 to be convincing. Stop Loss if $0.64 is violated.

Happy Trading..

jennylee1382

MPAYWA—Consolidation with downward biased, it needs to break above its immediate downtrend line at $0.205 for the price reversal.The next strong resistance is pegged at $0.24. For the short term more likely to re test support of $0.18 if fail to hold should find stronger support at $0.17.

chong ls, thanks for sharing information on Efficient, appreciate it.

Choolooi, thanks for updating ABRIC..

Happy Trading..

jennylee1382,

yoda did the chart reading for Pmetal yesterday, normally warrant follow mother shares.
Your Pmetal Ca only has 1 month data to give a accurate reading.
Trading range of $0.18 to $0.22 for now..

Happy Trading..

JimYeoh

LCTH—After hitting a high of $0.305 it started its consolidation with reduce volume, which is healthy. It tested its strong support ay $0.245 and started to rebound is an encouraging sign. It is expected to rebound further to its immediate resistance of $0.27 and very strong resistance at $0.29 (Alos its previous uptrend line now acts as strong resistance).
$0.245 is a very important support for LCTH because it has also become the neck line level for a possible Head and Shoulder pattern which has bearish implication.( Of course one can never know that until it happen).
Stop Loss if $0.24 is violated with volume.

Lz Lee Weiping --profitMan will add inputs to your TA reading, hopefully both of you can share some TA points.

Happy Trading..

Sis Metta—It has been a while since you drop by and I would like to congratulate you on E&O, happy you are riding on it still. Remember to set a Trailing Stop to protect your profits even though it may still heading north just in case there is a big pullback.

TCB started with 8 of us and I am very grateful to all of them that are helping to make TCB a sincere and honest thread that with one aim that is to help those traders that need help on TA of their stocks. Of course TA can only be used as a guide especially entry and exit level. We are here to encourage traders to trade with a plan, be disciplined and cultivate habits of locking in profits. I received many emails with many being caught on many counters because of their greeds and lack of discipline.

My sister in law is doing fine, many thanks.

Hope to see you more often in TCB..

Happy Trading..

JimYeoh—Will look at your LCTH later..

jennylee1382—Nice to hear from you again, will look at your mpay/pmetal later..

noice8, Very happy you are slowly picking up TA too..

Lz Lee Weiping—We are very happy you share your TA on those counters with us, we will look at them and hopefully learn together. As I always says everyone read TA differently so our thought could be differ from you so any added notes by us means to share our thought together K?

Happy Trading..

09/06/08

Old Stocks Update:

ENGTEX—Not out of wood yet. Upward Momentum increased, more rebound can be expected. If break above $1.88 signal price reversal for short term to $1.90/$1.93 (Gap Resistance).Support adjusts to 41.84/$1.83.

PRTASCO—Sideways movement from $1.92 to $2.01.Upward Momentum has increased, yet to break and stay above $2.01 convincingly, but the landscape has improved lately. It is expected to re test $2.01 and if break will test its previous high of $2.04 and beyond.

WCT—Upward Momentum has increased, may test immediate resistance at $2.18/$2.20. Not out of the wood yet, the landscape for WCT will improve if can break and stay above $2.20.

Happy trading and Good Night..

novice 8,

Waseong--If you look at the chart, just join the line on 27/12/2013 low at $1.61 to 10/04/2014 at a low of $1.83 and 28/05/2014 at a low of $1.93 and extend that line.
Now you will see that uptrend line was violated on 30/05/2014 when it closed at $1.91.
The next 3 days they try to push it back up the line, that is the time traders will normally clear the position and on 05/06/2014 the line is violated again.
Now that line reads $1.96 and rising, which is about the same level of immediate resistance of $1.97. (Can you see it?)

If you still cant figure it out maybe i will email you the chart next week..

Happy Trading..

Chenlai,

BERTAM—I did a quick trade on BERTAM and managed to sell it on 27/05 when it hit my target of $1.06.( Those that received my email alert will know this counter last month).
It is at stage 2 of the cycle and very bullish but after hitting high of $1.06 it started its consolidation with reduced volume which is healthy. It tested its immediate support of 0.96 but manage to hold above this level so far is an encouraging sign. BERTAM violated its uptrend line on 04/06 with volume and this uptrend line will now act as its Resistance for any future rebound. (As of today the reading is at $1.03 and rising).The downward momentum has slowed down and some rebound to $1.00/$1.03 can be expected soon. BUT a break below $0.96 signal longer consolidation period with next meaningful support at $0.90/$0.88. Stop Loss if $0.83 is violated

Happy Trading..

Novice 8,

WASEONG—I took my losses last month when it breached the immediate uptrend line on 30/05/2014. It has been trying since to try to push back up its uptrend line. Formed 3 Engulfing Bears since 28/05 showed Bearish sentiments and most likely to trade downwards. Waseong needs to stay above $1.97 to stand a chance to overcome those Engulfing Bears at $2.01/$2.03 (Very Strong Resistance).Failure to do so will most likely to trade from $1.97 to $1.82. Stop Loss if $1.82 is violated with volume.

Happy Trading..

Lz Lee Weiping—Thanks for your reading on SOLID for jass..Appreciate it.

Your analysis on ALAQAR also concurred with profitMan, keep up your good works and we welcome you to share your TA here with us.Try to look at volume too for your TA beside indicators.

Have a nice weekend..

TCB will do the chart reading over the weekend.
Please check on Sunday evening if you have made the requests.

Have a nice weekend.

CK,

GHLSYS--Stage 4 of the cycle may be ended on 06/05 at a low $0.755, normally stage 1 of the cycle should begin after that and normally trade inside a Rectangle Trading. (Say from $0.815 to $0.895).
But the latest development of GHLSys looks like developing into Uptrend Channel with higher high and higher low. Normally this is very bullish but after such a big Pull Back we may need to be careful it is not developing into a Rising Wedge which has bearish implication. Do monitor the volume if it keeps setting new high with reduced volume you may want to observe the Uptrend Line well and clear if this line is violated with volume.

Note: The Rising Wedge will keep moving higher to the resistance on what profitMan posted, the shares are distributed if it is indeed a Rising Wedge.

cherry tomato—Thanks for helping TCB to post the reading of profitMan on GHLSys from last month.

Happy trading..

nch218
SYMLIFE: Stage 4 of the cycle may be ended with a low of $1.01 on 29/04 and it is at stage 1 of the cycle. It is the inside Rectangle Trading of $1.02 to $1.08. If break the Rectangle expect some strong resistance at $1.12 level. If you are thinking of bottom fishing do set a Stop Loss if $1.00 is violated .
Note: The problem with counter that just ended with stage 4 cycle has lots of overhang to clear, any meaningful rebounds will invite sellers that were trapped at a higher price to reduce their losses.

Happy Trading..

Stocks Update: For those that bought this 2 counters after my alert for short term play through emails:

KNM—It breaks above $0.79 today with volume and it is expected to scale higher in the near term. It carries an estimated target of $0.875 with immediate Resistance pegged at $0.815/$0.825 Immediate support adjusts to $0.79/$0.775 and strong Support is at $0.74, any weakness may offer the opportunity to buy for future play. A break above $0.875 will take it back to its previous high of $0.935.Stop Loss if $0.70 is violated with volume.

MITRA—Consolidation is over after hitting a high of $0.935 on 19/05 and may have found a new bottom at $0.825. Downward momentum has slowed down and more rebound can be expected.Today it breaks out from its pennant formation at $0.865 signal BUY and it is expected to scale higher to immediate resistance of $0.90 and to test the previous high of $0.935 (Very Strong Resistance as this is also the same high that set on June 2011). Immediate supports adjusts $0.86/$0.835 and to Stop Loss if $0.82 is violated.

Note: Those Stop Loss levels are meant for Short Term Traders like me. Please remember to lock in profits whenever opportunity arises and remember Target is only a guide.

Happy Trading and Good Night.

ck,

DESTINI—It is at stage 2 of the cycle and very bullish. Now forming what looks like a Ascending Triangle with reaction high at $0.675, a break above this level with volume will take it to its previous high and into uncharted territory.

nch218, will look at your charts tomorrow.

Happy Trading..

novice8,

MUDA—Formed a Flag Pole pattern which has bullish implication. It is trapped inside the bullish flag longer than I would like (Almost 1 month). Sideways movement with downward bearish trend, if $1.80 fails to hold may test the important support at $1.78. It spells more trouble if $1.78 is violated as the next meaningful support is at $1.72. Volatility is extremely low for the past week, some price fluctuation can be expected soon. Immediate resistance adjusts to $1.84/$1.90. I would take my losses if $1.78 is violated with volume.

Happy Trading.

winwinborn,

I think I did the chart reading for you on 22/05 ,

# OSKPROP—Very Bullish stage 2 of the cycle. Keep breaking new high into uncharted territory. This morning it gap up from its immediate resistance of 1.87 heading towards its next estimated target of $2.00. Congratulation, you are on a winner. For counter that is trading on stage 2 cycle I would suggest you do set a Trailing Stop to protect your profits just in case there is a big pullback. The immediate support adjusts to big Gap Support formed on 14/05 at $1.82/$1.78. Very strong support is at $1.75/$1.73. (22/05) #

After the reading,

It hit a new high of $1.98( just short of $2.00 as suggested by me). A target is just a guide and lots of traders burned their pockets believing the stock should get to their target price before they want to sell. And many times the stock before achieving their targets and started to pull back and their winning stocks become a losing stock.
If you are really looking at a figure the next target is always the round number $2.00 (We call it invincible strong resistance). If it breaks and stay above $2.00 then you can look at $2.10/$2.15.

As stated on 22/05 to trade stage 2 stock, set your Trailing Stop to protect your profits when you are on a winner.

Happy Trading.

Dino, actually you are right to buy near $1.10 because that was a strong support after $1.15. The problem was when $1.15 was broken (I was actually collecting near $1.15 at that time) it also violated its immediate uptrend line which means it has a new Resistance Line for any rebound. As of today, the reading of that uptrend line is at $1.22 and rising, meaning even MINHO is to stay above $1.15 the previous uptrend line will be strong resistance.

Hope this help.

MINHO—Dino, I myself was caught by Minho and took my losses when break $1.10 end of last months. It broke its uptrend Line on 27/05 with volumes when it breaks below $1.15. Chart wise may have started Stage 3 of the cycle, which price can be volatile. It is doing some technical rebound after finding new low of $1.04 (have not been tested yet). Any rebound should find immediate resistance at $1.10 and very strong resistance at $1.15. Definitely not out of the wood yet, unless it can break and stay above $1.15.

To sell or sit it out you need to make that important decision yourself. By The way what is your Stop Loss level when you first bought at $1.11 which is very close to Support of $1.10?

Happy Trading.

05/06/2014

Stocks Update:

ENGTEX—Not out of wood yet. Upward Momentum increased, more rebound can be expected. If break above $1.88 signal price reversal for short term to $1.90/$1.93 (Gap Resistance).


SCOMIES—Formed an Engulfing Bull today but still need tomorrow candle to confirm whether it is the last Engulfing Top. If it close above $1.02 tomorrow means the Price reversal that the bear might shift to Bullish movement. A break above $1.04 means a breakout from Double Bottoms formation and carry an estimated target of $1.10/$1.12 and beyond (As suggested by our Stock In Focus on Monday).Immediate support adjusts to $1.00/$0.99, Stop Loss if $0.96 is violated.


WCT—Upward Momentum has increased, may test immediate resistance at $2.18/$2.20. Not out of the wood yet, the landscape for WCT will improve if can break and stay above $2.20.

Happy trading and Good Night..

senyi88, I did the chart reading for SONA on 20/05

#SONA—Breakout from Symmetrical Triangle 2 days ago with volume, it is very bullish and should be testing its previous high of $0.62 soon. A break above will take Sona into uncharted territory with targets of TP1=$0.66 and TP2=$0.70/$0.73. Any weakness during consolidation may find immediate support at $0.585/$0.58 and strong support at $0.56/$0.55.Exit if $0.535 is violated.#( 20/05)

04/06
After The reading it did consolidate towards the strong support of $0.56/$0.55 which actually offer opportunities to collect for future play. The scenario remains the same and it actually tested its previous high of $0.62 but failed to clear it. A break above $0.62 it is expected to scale higher to those targets I mentioned on 20/05 unless $0.535 is violated with volume.

Happy Trading..

ck

KIMLUN—Stage 3 of the cycle what we refer to Distribution stage and price can be volatile, it is expected to trade between $1.50 to $1.80 for mid term. Even if it breaks $1.80 should find very strong resistance at $1.90. The problem with KIMLUN it has lots of overhangs to clear, any rebound invite sellers that were caught at the high to sell and reduce their losses.
For the short term, it is expected to trade between $1.56 to $1.70.If break $1.70 it is expected to meet resistance at $1.75 and strong resistance at $1.80. Very strong support is at $1.50 and do exit if $1.50 is violated with volume that means it will start stage 4 of the cycle which is to be avoided at all costs.

Happy Trading

Mc_Wei,

Very well said..Now we understand your logic behind the 5% of the average daily volume.

Thanks for sharing.

tsy88, Stop Loss at $1.00 means this level $1.00 is violated with volume.

Happy Trading..

tsy88

MENANG—Very Bullish at stage 2 of the cycle. If break previous high of $1.09 next estimated target is at $1.18/$1.20. Immediate support adjusts to $1.02/$1.00. It is important, it can stay above $1.00 not only it is a psychological level if break the next meaningful support is at $0.935. The stock has showed from past pattern when there is a rebound after consolidation it always accompany with Big volume which is very bullish.

On your question whether can buy at $1.02 I can”t advise you on buying, you need to make that most important decision yourself.

I can only share with you my entry method:

If your stop Loss is if $0.935 is violated that is a 9.5 cents risk and compare to target say $1.18 which is a 16 cents gain. The Risk/Reward ratio is >1:1.5 which I will normally take on.

If your Stop Loss is if $1.00 is violated by all means as it is a very low risk Buy.

Hope this help.

novice8

CYPark—Stage 2 of the cycle and very bullish, It is under consolidation in downward movement after hitting a high of $3.05 on 23/04/14. It hit a low of $2.74 today and if this low cannot hold it is expected to test its strong support at $2.70 and $2.65 which may offer buying opportunity for future play. Cypark shows weakness if $2.65 is violated because that means it violated its Uptrend Line ( as of today and value increasing each day). A break above $2.82 signal Price reversal and it should re test its immediate Resistance at $2.90 if break will re test its previous high of $3.05. For the short term trader you may want to Stop Loss if $2.65 is violated with volume.

tsy88 --We do not encourage average down, but set a stop Loss if you are wrong.I have given you the support level for Benalec so you need to make the decision.

Happy Trading and Good Night..

nana88,

Ya, all the gaps will be filled eventually, but when no one can tell you. A breakaway gap is very Bullish and Seal may scale higher in near term.

Happy Trading and Good night..

tsy88 ,

Benalec – Stage 2 of the cycle and very Bullish. It hit a high of $1.20 today after breaking out from $1.18 which carry on estimated target of $1.28/$1.30. The next resistance is at $1.22 if it can stay above $1.18. Any consolidation may find support at $1.14 and strong support is at $1.06. The problem with Benalec is it has lots of overhangs to be clear, any further rebound may invite sellers whom were caught earlier at higher prices.

TCB will read your other charts, maybe later tonight or tomorrow.

Happy Trading..

nana88

SF reads the chart on 27th May for CK,
# Seal :Market cycle 2 - Mark up stage which is still uptrend. The doji formed today means likely trade sideways between 0.68 and 0.70. Volume is needed to break resistance 1- 0.755 and test 0.775. At the moment still is the correction on a uptrend if 0.64 is not violated. If 0.64 break, it may enter market cycle 4- Markdown (bearish). stay_foolish > May 27ck #

03/06--after SF reading,

Yesterday​SEAL broke out from $0.775 with a Breakaway Gap to carry on its stage 2 of the cycle, which is very bullish and carry an immediate Target of $0.90 and beyond. For trading on stage 2 cycle, we would recommend you set a Trailing Stop to protect your profits. Immediate support adjusts to 40.80/ $0.775 (Resistance turns Support) and very strong support is at Gap Support of $0.76/$0.72.

Happy Trading..

Lz Lee Weiping

UCHITEC: You are quite right in your analysis of Rectangle Trading. The Range is from $1.41 to $1.47. It is under consolidation, but still in stage 2 of the cycle and needs to break its previous high of $1.47 to carry on its bullish stage 2 cycle. If it breaks below $1.40 means it may have started Stage 3 of the cycle (Distribution Stage) with strong support is at gap support of $1.39/$1.37. A break below $1.37 confirms stage 3 of the cycle is over and starting its stage 4 of the cycle and to be avoided at all cost.

On 30/05 the big volumes of selling was well absorbed by the market near the support of $1.41.

Note: Not all rectangle Trading is at stage 1 of the cycle BUT stage 1 cycle is normally in Rectangle Trading.
Sometime at stage 2 of the cycle it may form Rectangle Trading during consolidation.
Stage 3 of the cycle also can be Rectangle Trading but normally the range is much bigger (price is volatile).

Hope this help.

speakup ,

Thanks for your input on Icon. Isy7 has been kind enough to provide the list of companies that supply O&G vessels for forumists to compare and maybe make a decision. I think by the time Icon is listed, the listing may provide some excitement for companies that provide the same services. Hopefully it is positive, so the listing may also help those companies share prices to rise.

novice8—TCB will study Cypark chart for you tonight.

Happy Trading..

ProfitMan, so are we taking the money to Las vegas instead of watching Grass grow.Grass might die while growing.

Dino Limo --Stock In Focus will be posted here whenever we feel the stocks might offer opportunities for short term trade. Yesterday we chose SCOMIES because of last Friday closing and chart wise looks so promising after breaking out of its Double Bottoms formation.But due to BIMB Securities Research that downgraded it to SELL with target price of $0.90 the stock actually move south.

Happy Trading..

03/06/2014

Stocks Update;

SCOMIES--Yesterday closed with a Big Black candle, some sideways movement from $1.00 to $1.05 could be expected. It will start to show weakness if $1.00 is violated and Stop Loss if $0.96 is violated.

BREM--The volatility has been extremely low for the past week, some price fluctuation (either Up or Down)with volume may be happening soon. It will show weakness if $2.02 is violated.

WCT--Formed a Doji Star yesterday, if break $2.18 signal price reversal to $2.20/$2.22.

Happy Trading...

Mc_Wei,
Thanks for sharing your way of buying stock, quite interesting by using daily volume I must say.Ya, it is the most important to work out the Risk/Reward ratio before buying in any stock.

Happy Trading..

Mc_Wei --Welcome back. Don't think you missed much in May, June did not start well today.Like you say, when football starts maybe it will get a bit quiet..

Dino Limo--Stock In focus has no link, it is chosen by us thinking it may offer short term trading opportunities.It is not a BUY signal just to share our thoughts.

Happy Trading

tccher & Christie, you are welcome.
The main purpose of TCB is to help forumist that need help on TA for their stocks.

The Stock In Focus is the stock that we pick and think that it may offer some trading opportunity in short term. Please do not take it as a Buy Signal.

Happy Trading