tj yesterday evening no do homework so... wishing you well

good morning kawan kawan
what's up bursa? nothing conclusive could be drawn from yesterday's trading...it is in a fluid stage.... attributed no less from the endless flow of news on the local scene and abroad (greece and china) which could either set bursa on fire or into a doldrum...then we have friday holiday... selamat hari raya to all our rakan rakan... celebrate and enjoy, as it should be
wah tj shopping list (chai tan) for raya hahaha
heng heng trading

tj i no buy thee just read the chart song song only

nothing to do slp go go go

hi greatman this esceram yesterday broke out the resistance (20ma, 50 ma and 100ma) and today broke another resistance at 30 ; so now range 30(support) to 33 (resistance) with profit taking at 31.5.

as per normal, some could take profit at 158/159(resistance)

i no buy this slp..just song song look see only.. wish someone ala beli heng heng i hope

slp????

next one at 48 fibo extension is between 61.8 and 78.6. please note 48 is the gap down resistance

scnwolf resistance at 45.5

hi jact5796 lu itu numbers cantik...

tj good luck go go go
mana ehw? you know what the market maker of HG and HK sudah main pusing pusing no ikut index but instead on support and resistance pulak kikiki ..betui betui knn. can paper cover smoke bo?

hahahah tj happy birthday................

left out this portion knn would test the previous high 163 (all time high) and proceed to tp 177.

good morning kawan kawan
today how is it going to be? today is the D day ... continue up move or otherwise. so the range 1715 to 1728 with 1717 then 1721 to watch for to see if could go up to 1728; then 1729 to 1734 for possible reversal.
look see slp, trading range 143 to 156, today could see it starting another upleg. please see 152, if taken down aggressive traders would take a long position at 153 for the conservative ones may want to wait to see it break out 156 for further confirmation. in the event, it could not climb out of 159 to 163 range, a double top might form where price would dip in which case cut loss at 137 (the support as well as 50% fibo retracement)
heng heng trading

knn apa bearish signal kikiki huat ar

tj asiaply crossed 70 pulak and mieco also crossed 1.00

europe opened green go go go shanghai hsi you go go go too

hahahaha sharon it should turn up fine just wait and see

at the moment semua green even indonesia.... the only exception is you know lah bursa... lu bolih kikiki

hahahaha tj congrats.
china tetap lawan leh jangan ikut others bolih?

this greek punya pasal akan kacau shanghai as to europe immediate reaction is NG and so dow too.
china go go go lawan be strong

good morning kawan kawan
another up day for bursa? most likely, 1715 to 1728 trading range with a minor irritation at 1717 and a strong roll over to 1728 when 1721 is annihilated.
breakout of 1728 then would be watching intensely at 1734 for a possible reversal.
heng heng trading

lover of mieco fyi a shooting star was formed a sign of rejection of the high price ie a bearish reversal probably in place... the fall would be nasty. (the 97 support could not hold) now traders reading to short the counter see itu gap up 92 to 93 these traders could probably take a small short position at 92 first as they are expecting the price to decline further to 85/83.
so what to do? if see price start dropping from the close 94 towards that gap up then one would
1. take profit , if bought low
2. sell and buy back (ikut traders' to short), if bought high to cover the loss. here cut loss is at 1.02 in other words, if sell at 92 then buy back at 83 the risk reward ratio is almost 1:1 an acceptable one for trading purpose.
evergreen and asiaply also in somewhat similar situation
in the case of asiaply if 67 cannot hold then looking at the next support at 60/61
so watch closely please guys.

NG the first salvo fired by eu finance ministers yesterday...greece needs to do more if want to negotiate yes to negotiate on the bailout. in short, they want their money back especially taiko german, that is the way it is kikikiki show them the money... they think the actions proposed by greece are not be good enough for them to generate sufficient income to pay the debt. greece response is that they got into the present predicament (problem) due to their failed austerity measures (eu) of the last bailout...so let me do it my way (lagu frank) can... so back and forward it shall go... itu lah called negotiation
now we wait for sunday and see ... along the way there would be compromises ultimately ... give and take is inevitable... unless they want to see turmoil in europe... do they?

hi rchi and robz
in the weekly chart. so likely the said week would end in positive territory. monday should be another up day ..trading in the range 12986 to 13250 (recent high) and the odd would be to break out of 13250 to proceed to 13400-14213 range. by the way, the closing price sits on the 20 ma and if price traded above it, the mood would turn to bullish and taking down 13250 would heighten the bullishness.
how far it would advance depends first and foremost on the traders' participation rate in the grand game plan initiated by the chinese government and the degree of acceptance of the greek proposal (the initial outcome would be known by this monday morning)
so now the final part of your question.
i say sharon 1. you are a smart person (a compliment) 2. ikuting tj (a good success rate) 3. running into a purple patch recently ( ala ong) 4. high volatility of the stock C2 (betul?) ... to sell on the bounce is hence a sound/safe trading.
cheerio.

saw error becos distracted got something to attend to
second last para.. should read the marketplace does not go down the drain so to speak
after the double top the market jatuh and hit bottom last thrusday at 11069(itu now jadi support) with the formation of a bullish reversal candle at its hourly chart and last firday true enough the market responded accordingly it broke out of the resistance trend line 12327 (now support) to close at 12791 after hitting a high 13250 (jadi resistance)
now how it is going to be untuk next week then? here another bullish reversal candle is nampak.. meaning
sorry have to stop

sharon this is my opinion
as we know, the chinese bourse is not market driven presently. its government tried to restrain selling (supply) through trading halts for example and boost buying (demand) through brokers' share purchase scheme for example. analysts (ang moh obviously) feel that this market intervention would not succeed and meet the same fate as what the american and japanese had done previously (history repeat itself).
now why do they want to do so? it is forecasted that her economy would grow by a low 7% this year vis-a-vis its hayday and they felt that they have to be more self reliant (no alternative) and thus concentrate its effort on the consumption driven strategy for its future growth. whether a 7% growth is low or otherwise is a debatable one..aiyah digressed ... back to the subject matter. thus, a badly bruised security market would adversely affect this economic plan which it is pursuing.
so bo pian die die have to do somethings to ensure that the marketplace does down the drain so to speak.
ok background scenario done with now the technical aspect. macam mana ... oopsi ala sikit hal to settle.. will continue later

ehw so long as it does not go far beyond 1717 and stray to 1726 maintian the status quo on plan to buy hg/hk next week. have a good day semua kawan kawan di sini. cheerio

walor please tighten the reins on the bursa's horse ..too fast liao can bo kikiki

good morning kawan kawan
guys...attention tabik tj at ease kikiki
apa nak cakap sudah buat demikian semalam
aiyah us mana kuasa mana pemimpin karang pun mau cast an eye on the chinese for direction of its bourse... dont play play such is the might of the financial muscle of china nowadays ...when china smile our hearts also beat song song.
chinaaaaaaaaa go go go... UP lah of course
saham saham yang traded by kita semua pun go the UP way.
sit tight heng heng trading

robz it is higher low good night

tj last before i go tidur mieco, evergreen and sunsuria semua broke resistance...

point noted robz thanks

hahaha alibaba you betui cutie... tell us lah what is your view... jangan lokek lah share share sikit bolih

oic good night robz

1730 itu we wait and see how... but first watch this bullish reversal piercing candle that 1707 then 1708 to 1717 dulu.

for china50 ada bullish reversal candle then you look at its future also very kuat up by more than 1000 points.. on that basis the odd is it would continue to rise tomorrow ...and it should be you know mata mata also called to investigate possible criminal short trading buat manyak orang takut and this one seemed to work better than the previous initiated actions to halt the slide.. if not mana tau perhaps all the taiko would be roped in to help to trace all those sellers and beat the hell out of them. kikikiki
hang seng ikut abang.
by the way for this china50 which index chart you are using?

robz hahahaha it is a piercing candle and with increasing volume
and since it is first up day i believe of a tr, most probably would surpass 1707 to confirm the continued advance to the range 1708 to 1717. see how lor then whether to take a long position on hg/hk.. more likely shall wait for next week to decide.

tj ar asiaply on a strong uptrend.. broke resistance 66.5/67 today accompanied by increasing volume.. all indicators sui sui..so likely to head towards the psychological number 70, with the first tp at 75 and test its all time peak at 78. obviously, going beyond that, it would go into a frenzy high.
dont want to delve much on its fundamentals, suffice to say it is profitable with a positive cash flow. had been dishing out dividend since 2006. first quarter financial report to be released on the last week of august.
kikiki go go go.

the day's work is done. bye bye

ok mah tj your mieco, thriven and asiaply nice nice

tj they even called the police to investigate hahahaha and it seemed to work if not they might call in the tai ko to do the job of ensuring no sellers.. very interesting ...

tj how is your day?

kikikiki H1 what a roller coaster ting ting round 2

ehw discount/premium i have no clue whatsoever please ask tj our pakar on this. what i do is see for possible reversal at the index then crossed check on the support level of the said counter to take up a long position.

kikiki robz3 but does that reversal applicable in a down trend?

for starter wish bursa closed sui sui at 1701/1703
lunch time... hahahaha enjoy cheerio

ehw hahahaha we now wait yah tomorrow or monday to buy back hg and perhaps hk.... can?

kikiki tj ar yes go go go both C and H sikaran is sui sui char beehoon so semua ought to be happy