ya..sarawakian.
GPacket 60min chart RSI overbought. Stoc. overbought hooking down also!

CT: http://www.villagehouse.com.my/main.php no kids allowed!

Tan: thanks for the link

#scjm3: cant wait your topic on distribution / accumulation on daily chart preferably. and the main desert - Swing!

#scjm3 : got it! digesting over the weekend. will shoot you question soon.


#inwest: thanks for the addon!

Eon capital used to be a darling stock till they sold off their assets. Management changed probably.

Good morning scjm3 and ooi

i thought sj3 wants to move here. i am not sure his intention now!

hi inwest!! yupe... valuable experience that cant be learnt from textbook!

checked in!

http://postimg.org/image/gcfip7m1p/

Hi,
If i may chip in...
from the chart.. u can see CI going higher from sept till now
but negative divergence on volume and stochastic ( which means no good )

historic high two day ago might be a bear setup!
Just my2coin!

tessa: ya.. meow city!

Sorry for the intrusion! I guess few of u guys here from Sarawak since "Gambir" popping out with detail explanation!

CT: thanks. managed to find it on chartnexus. my osk dont have such indicator!

CT: What you mean by " vol has not exceeded 30ma " ?

How do u plot those on your chart?

sjcjm3: on LBS 2 years chart...

I would say...
Stage 1 dec 2011 to May 2013
Stage 2 may 2013 to Aug 2013
Stage 3 aug 2013 till now..

I cant quite confirm stage 3 and 4 whether the cycle is completed already.

scjm3: appreciate if you can continue your lesson here. thanks!

CT: good call on TAS!

ALAM - cup and handle pattern in 60min chart.

Can anyone confirm?

Matrix: Dialog breakout also!

2.32 support more likely before bouncing back!

Matrix: Perisai breakout!

Censof broke it long term support trend line yesterday (RM0.585)which mean bearish. Should find support at 0.565. If 0.565 not holding, be prepared for 0.545 / 0.535.

Qii: Can u take a look at weekly CI chart? I believe correction not done yet.

matrix: Can u take a look at index weekly chart? somehow i feel that correction not really done yet.

start moving... gonna test 4.50!

ya.. overall foreign fund has been selling since the day U.S govt shutdown.

Still selling as we speak!

Matrix: Can u comment on Unisem? its in stage 2 i believe. if 0.98 clear, target will be at 1.03/1.04.

Skeptro break out from cup & handle but volume is not impressive just yet.

I do salute your discipline on Perisai.

Busy taking down note!

Yupe.. ALAM in oversold position! I am monitoring this counter as well.
One of the shareholder buying 300K shares today at 1.40. Long term support trend line pointing at 1.37 area. Tomorrow CI might be testing 1770 before rebounding.

Matrix: Can u help confirm if SKPETRO doing Flag & Pole chart pattern? Though CI is selling down, this CI stock is holding well at 4.20.

Matrix: What indicators do u always rely on? Do you go for 60mins chart?

Star volume picking up again. I thought it will retest 2.50 before bouncing up!

Matrix: Out of curiosity, Do u plan to write a book? Title " Trading experience by MatrixCool". I will prebook 1 copy. Preferably hardcover with your signature!

Have a good weekend!

matrix: :) ... its a Pennant! I zoomed too much in without looking at the big picture. Do you start collecting when the bullish flag is forming? or
you only start buying when it breakout from the pennant?

On digi, the breakout is total failure. 5.00 breakout with huge volume.. but EPF selling hammering the price down... not back to square one. What is your view on the direction of this counter?

Always.. thanks for your input!

Matrix: before breakout from downtrend line, Pelikan read descending triangle. Most of the chartist would stay sideline on it 1st cuz it might trend downward. Why would you still monitor it?

matrix: which eod data provider u subscribe?

Matrix: Pelikan looks descending triangle to me! or i read the pattern wrongly!

thanks for all the input.

Matrix: For scable, neckline will be 1.73. Breakout price is 1.76?

For Digi, neckline will be 5.00. Breakout price is 5.06??

I dont have positions in both stock. just picking them for discussion

Matrix & JTFX: Thanks for the input.

Lets take SCABLE for example..
Trending higher today.. testing 1.70 / 1.73 level.
Volume is 5X of yesterday as of 11.00am.

Would you wait it to break 1.73? or buying now since the volume is building up nicely?

Matrix: If a stock on the verge of breakout but market is heading into correction / downtrend stage. Would you wait for the correction done? or you will disregard the market trend and jump into the bandwagon?

This ?? always hinder my investment decision.

Matrix: Whats your view on Digi? Breakout at RM 5.00 after consolidate for a month. Target 5.35 / 5.40. Huge volume today.

TAS is in overbought region.
Should wait for weakness to go in to play it safe!

0.455 support more likely

Sign of top distribution.... be careful!

Agree with you on the TA view (double top in the making) since fundamental stays the same. If the CI manage to breakout at 1810 with volume ( which is unlikely), will that change your view?

Promising volume. See if it can close above 1.16 today.

yupe. gap closed!

Tim: good one!

whats is true value now after the capital restructuring?

now i understand why EPF is dumping the share for the last 3 months

Bullbear: Where u get those statistic? Epf website or bursa?

jungsoh Example:-

Junsoh:-

price for Warrant B (WB): RM0.26
Exercise price: RM1.85
WCT price after ex: RM2.38
if u choose to convert the warrant into share, the total cost for the share at RM2.11 (WCT-WB + exercise price)
u will be benefiting around RM0.27 profit (RM2.38 - RM2.11)


if WCT maitain 2.70 till dec6, wct-wb will be in the money.
unless WCT drops to 2.50 or 2.60 level or wct-wb rise to 0.40 or 0.50 level, there wont be any profit in buying wct-wb.

am i doing my math correctly?

morning star after doji. should be uptrend for the moment. YTL is moving upward too after consolidating last two months.