Posted by keithchan > 2014-08-14 02:48 | Report Abuse

Welcome delta11, since your brother delta1 is dead, and in the absence of tjhldog, I would still extend a welcome to you to the ever-growing list of new IDs of usefulhat, platinum999, bookworm, faizz, saltedfishs, Google88, yamaha77777, market555, tjhlldog, Bomchacha, Lihengogo, gold111, tjhlcat , google, YDPChairman, chewchew, wave000, hm666, ufis, Honda777, glass, yamaha777, Kukumanis, m00077, mahorse, Super999, reeee, 39839318, sahringinfoz, PImarket, resort23, Google, tiger555, harvey, cjiejack, Brightstar, Elegance, Kkanasg, Us222, suzuki123, yilo, sifukl, beautiful888, ks123, Huatarr123, Electricity555, huatarr123, Rahman1955, candys, kantigirl, candygirll, Newton, saltedball, Skynet999, PImarket, Jason999, haveylaisi, Kkanakasgsochai, Kksochai, muarsochai, Muarsohai, saltedveg, wongwee, Delta3, saltedegg, seowcp, delta1, delta, Happybird, Master111, orangmalaysia, Zerconium, investor777, Bitthedog, mercury999, bull123, datukkung, sangharimauu, sulaiman5591, yipman, Arrifin, latukgoh, natukgoh, ship3, heavy, thjldog, Thaohong, whatsapp, Airforce.....Lol

Posted by keithchan > 2014-08-14 02:48 | Report Abuse

Wah

Posted by Christine Goh > 2014-08-14 03:27 | Report Abuse

apa ni ?? so many id name ?

Posted by countfind > 2014-08-14 05:09 | Report Abuse

Hello Yong
Read all the good comments about your work in connie's page and here I am.

Granflo broke resistance yesterday what do you think?

Posted by yong888 > 2014-08-14 06:02 | Report Abuse

Christine Goh ,

wow, friend, welcoming you here. Still awake this hours,,,, are you a Global trader ?
am very happy to see you here......

Posted by yong888 > 2014-08-14 06:34 | Report Abuse

countfind ,

Granflo has breached her Channel Resistance with volume yesterday at 0.370. Technical Indicators are all Bullish, she is on board to ride on the bullish wave front, as the end of "D" tip may be beyond 0.4500 as estimated.
Her free float is low near 600 millions , with good FA,: NTA near 0.280, PE near 10, accumulated profit near 45 millions vs share holder's fund of 32 millions, with 4 years earning growth exceeding 20% annually.....
YES, IT IS an Excellent Stock.
If High VOLUME CONTINUES today, This will be ONE OF my Darlings FOR TODAY ON BURSA TRADING.............

Posted by sunshine96 > 2014-08-14 07:01 | Report Abuse

Good Morning Yong888, Thank You for the write up.

Posted by yong888 > 2014-08-14 07:14 | Report Abuse

sunshine96 ,

Good morning to you, .....

Posted by yong888 > 2014-08-14 07:17 | Report Abuse

US Futures/Stock market update:

The Dow Future has gained 105 points to 16624. The US Dollar Index climbed 0.097 points to 81.608. Gold is trending higher 3.53 dollars to 1312.25. Silver is down 0.10250 dollars to 19.87000. The Dow Industrials advanced 91.26 points, at 16651.80, while the S&P 500 climbed 12.97 points, last seen at 1946.72. The Nasdaq Composite advanced 44.04 points to 4433.29.
It is a positive and bullish day for Bursa

Posted by alibaba123 > 2014-08-14 07:57 | Report Abuse

Good morning, yong,

Sumatec is now the hottest counter, what is your views, As i am the newcomer to Bursa, i am tempted to invest on Sumatec,....
Thanks in Advance

Posted by gerry188 > 2014-08-14 08:39 | Report Abuse

Good morning yong888. Like your new home!! And I see you are attracting quality and premium forumners. Ah, if you were a sweet gal like Connie, your new home would be inundated!!

Posted by yong888 > 2014-08-14 08:45 | Report Abuse

alibaba123 ,

You are welcome.
Yes, there is no dispute that Sumatec is the TOP HOT counter in the past few weeks.
Technically, it is very bullish , being supported aggressively with high volume. If you are only looking at the Chart(TA), I cannot predict really the TP or how high it may go......, it really depend on both the confidence level of Buyers and what the targets set by the Company Directors, being further boosted by the possibility of uplifting of her PN17 STATUS by September, 2014., ..Now, frequent News release and press conference seem to be the key for the driving force.

However, the downside is that the company is still in the PN17, Moreover, there is not much materials / substances on the Fundamentals, as I don't want to talk about her NTA, PE, Growth, financials, etc etc..... ...., which may agitate many Lovers /Supporters of Sumatec...


Yes, Sumatec is very good for Intraday trading if your timing is right,... I hv no doubt on that.......

Posted by yong888 > 2014-08-14 08:57 | Report Abuse

gerry188 ,

Welcome... Yes, connie is sweet lor....... hope I can win her being here often.... hahaha...

Posted by duitKWSPkita > 2014-08-14 09:21 | Report Abuse

............good morning yong888................

Posted by yong888 > 2014-08-14 09:22 | Report Abuse

duitKWSPkita ,

abang, good morning, busy fishing kah ???

Posted by Danke > 2014-08-14 09:35 | Report Abuse

Hi yong, how do u consider or read a share whether got volume or not? How many consider got volume?
Sorry may be kindergarden question but I am too new.. Hehe..
Thanks for the last night write up...

Posted by yong888 > 2014-08-14 09:45 | Report Abuse

Danke,

for a proper calculation on the volume for that stock, we normally track its vol over 12 months,... deriving her daily ave, weekly ave, monthly ave....., from there we derive its norm volume for daily/weeky basis. This will also apply to the Price fluctuation over 12 months.....

Any counter with Volume exceeding 25% over its ave....with increasing proportions for consecutive 2-3 days, then we term that as High volume for that stock....

Posted by yangmasri > 2014-08-14 18:10 | Report Abuse

good afternoon Yoong,

Can u give ur opinion about HANDAL counter, can make it for long term
investment. If can't ..maybe can to be contra.
TQVM.

Posted by yong888 > 2014-08-14 20:36 | Report Abuse

Are you shorting the Euros ? How does the EU economy perform near term ?

New dynamics are now entering the fray. Prior to this week, Capital Markets were beginning to buy into the next potential rate hike happening as early as Q4 from the BoE. A day and a couple of reports later, the market is focusing on the need for further stimulus to come from the ECB and BoJ. Sustainable volatility requires rate divergence and that is not just a tighter monetary policy. The potential for looser monetary conditions in the eurozone has all asset classes on tenterhooks - equities in the red, yields at record lows, gold prices rallying and a currency, contained by option barriers, trying desperately to underperform.

Dismal economic growth numbers for both Germany (-0.2%, Q2) and France (-0.0%) earlier this morning is sending equity indices deeper into the red and pushing German 10-year bund yields to trade below +1%, a new record low. This is a sure sign that the market is anticipating further stimulative action from the ECB. The weakness of regional economic growth in Q2 only heightens concerns with the overall growth outlook at a time when a rise in geopolitical tensions is going to have a material effect to downside risks. Germany, the supposed backbone of Europe, economically struggling could force the ECB to act faster.

Even a breakdown of France's GDP shows no encouraging signs. A rebound in consumer spending only seems to be correcting the fall in Q1, and more importantly, capital investment has fallen again. Structurally, France is in poor shape. Political fragmentation is struggling to implement policies and the market should anticipate any future EU talks to get tenser. For Germany, the weak GDP report could be attributed to some production being shifted to earlier months; nevertheless, for the supposed power horse of Europe, any material weakness has "knock-on" consequences throughout the region.

Eurozone data is either on balance or worsening, which would suggest that it could be the makings of a more prolonged downturn rather than a dip. A sustainable squeeze in growth in Europe or Asia could very much influence the Fed's own timing of higher rates. Expect the market to be paying close attention to Fed Chair Yellen's speech for hawkish tones at the Jackson Hole Economic Symposium in a few weeks. Dealers and investors need to get a sense of the Fed's current thought process.


What will the ECB do?

Collectively, the eurozone Q2 GDP (+0.0% vs. -0.2%) and final July HCIP (+0.4% vs. +0.4%) last night was less negative - wider downside misses were expected. The ECB has been adamant that they need to look at the first of the TLTROs, to be delivered next month to gauge whether they will be required to deliver further easing. Draghi will maintain that they euro policy makers do not need to be proactive, but rather take their time and assess the impact of June's easing package. The market could be looking at Q1, 2015 before any action from the ECB. Until then, investors and the market will be focusing and pining on whether euro growth/inflation worsens.

What of the Dollar?

The 18-member single currency (€1.3375) has, so far, come out of last night's eurozone's data rush somewhat intact. This would suggest that the market was probably positioned for more downbeat reporting - the weaker "short" EUR positions have been squeezed. Overall, the USD is expected to maintain broad support against the other major currency pairs with the greenback aided by divergence in growth, policy and yields. Even the dollar's supportive carry-with-yield differentials are moving in favor of mighty buck - in other words the USD is converting from a "funding" into an "asset" currency. Thus far, the EUR/USD continues to hold above its 2014 low of €1.333 with dealers noting option barrier defense at €1.3325 and €1.3300. Despite large "short" EUR positions leaving the topside vulnerable, the overall view remains bearish for the single-unit with range trading still preferred until the option barriers come off. It's only a matter of time before the year's EUR outright low will be taken out.

Japan: not left in the dark

Overnight data shows that Japan machine orders missed consensus (+8.8% vs. +15.9%) resulting in renewed stimulus talks. Earlier this week Japan was able to shrug the largely anticipated contraction in Q2 GDP, but the reaction to a miss in June machine orders figures and the government downgrade of the sector has had more of an effect. It has managed to push USD/JPY higher (¥102.45) with the market starting to believe that a consistent shortfall in leading indicators certainly brings a more proactive BoJ back onto the scene.

Posted by yong888 > 2014-08-14 21:25 | Report Abuse

yangmasri . On HANDAL

TA, this stock has a false bullish breakout over the last 5-6 trading days with RM 0.550 being the structural Resistance. Its trading volume is rather low till recent days. It has been hoovering near 0.480 on the average. Near term drastic movements is not expected unless RM 0.550 Resistance is being taken out convincingly with Volume. Its support is 0.4200.

FA: PE is near 25 , basing on RM 0.500 and EPS of RM0.02. Its Growth is rather weak at mere 5% over the last 3-4 years' operation, with 18 millions only as accumulated earnings(as at end 2013) vs the Share holder's fund near 80 million. NTA is near RM 0.600 .

I will not recommend any Buy or Sell Call on this stock Handal, I suggest you revalue it yourself prior to making any decision for longer term investment..

Of course I will day-trade it if any opportunity arises there off ...

Posted by duitKWSPkita > 2014-08-14 21:56 | Report Abuse

wah....abang Yong888,


really amazing sharing of Euros and Dollar..... write more and I will enjoy more reading.....

Posted by Danke > 2014-08-14 22:15 | Report Abuse

Thanks yong...

Posted by yong888 > 2014-08-14 22:55 | Report Abuse

US S&P 500 Futures..... A golden opportunities for traders once of a life time ????

From my chart you can see that we are only couple of months away from forming truly forming a generational "TOP" that really is unlikely to be retested for more than generation. In fact we might spend another 15 years or so cascading down before forming a lasting low at a level likely below 2009 low.

So the wind will change may be by Early Sept to late October with SP500 hitting 2000 zone and could spike into 2030 area.

Could the end of Tapering and prospect of rising interest rate be the catalyst? I wonder.

Likewise could Gold bottom by then?

Well for the trader this could be an opportunity of a life time.

As always, this is my interpretation of the price action. Be sure to do your own analysis before planning a trade.

http://gyazo.com/b9d28d76deecda03c155b48d895b2b8f EW Chart for S&P 500

WISHING YOU ALL THE BEST

Posted by Christine Goh > 2014-08-14 23:07 | Report Abuse

me only taxi driver .....no global trader hehehe


Posted by yong888 > Aug 14, 2014 06:02 AM | Report Abuse

Christine Goh ,

wow, friend, welcoming you here. Still awake this hours,,,, are you a Global trader ?
am very happy to see you here......

Posted by yong888 > 2014-08-14 23:09 | Report Abuse

Christine Goh ,

Aiyooooo, you pls don't talk like Abang Duit lor......

Posted by tsy88 > 2014-08-15 02:24 | Report Abuse

Hi, yong888 -

Congrats on starting this new thread, similar to that of Technical Code Breaker (TCB).

Can you please provide Ta analysis on Syf? Looks like it is attempting to break high of 1.32. If it does, what is the Tp and support for this stock?

Ho Hup - same like Syf, can resistance of 1.56 be taken out? Seems to be holding well at current level.

Ideal - looks very bullish setting new high together with its warrant. More upside in store for this stock and its warrant?

Thanking you in anticipation for your review on the abovementioned.

Posted by brendayeap > 2014-08-15 02:29 |

Post removed.Why?

Posted by tsy88 > 2014-08-15 03:05 | Report Abuse

Can you stop talking nonsense?

Quality is supreme, excellent, more than perrfect, no words can desribe!

Posted by jkct01 > 2014-08-15 09:38 | Report Abuse

@Yong888
I enjoyed and learnt a lot from what you wrote. Thank you very much.

Posted by yong888 > 2014-08-15 11:07 | Report Abuse

tsy88 ,

I will reply your requests tonight, sorry for the late response

Posted by duitKWSPkita > 2014-08-15 11:12 | Report Abuse

yong888,

when free write something about BRICS or the business growth in Myanmar.

I love this two scopes very much.


Hey, how about one day we meet uP?? Sorry if too crazy request.... hahaha

Posted by yong888 > 2014-08-15 11:17 | Report Abuse

tsy88 ,

I am not competing with TCB who are good analysts.

My trading style is different, either they are being Day-traded Or be my Long term investments which are classified as my Investment- graded babies.

So my approach to Chart studies is different from others, For day-traded
stocks, i base on wave movements(UP or Down), and mass sentiments , with short time framed EW, and other Technical Indicators. I will post here regularly how to exploit All the best technical tools to enable efficient and profitable day trading and my stock pick criteria.

Happy trading

Posted by yong888 > 2014-08-15 11:21 | Report Abuse

duitKWSPkita ,

surely, Abang DUIT we will arrange a drinking session near term, I am going to Singapore this afternoon for a Technical /Economic seminar tomorrow..

Posted by BuLLRam > 2014-08-15 11:22 | Report Abuse

good write ups n sharing..tks...

Posted by duitKWSPkita > 2014-08-15 11:30 | Report Abuse

have a pleasant journey yong888.


let me know when u back.WE perhaps can meet up by next week.


remember to ask more in the seminar....... hahahaha

Posted by yong888 > 2014-08-15 11:41 | Report Abuse

duitKWSPkita ,

haha, Abang, i cannot ask, but to answer questions instead... hihi

Happy trading

Posted by duitKWSPkita > 2014-08-15 11:43 | Report Abuse

wakakaka....

No la....as a panel or seminar sepaker.... I do like to ask the ground... usually will get back some quailty view from the audience,

Posted by yong888 > 2014-08-15 11:45 | Report Abuse

duitKWSPkita ,

Abang cakap betul juga....

Happy trading

Posted by duitKWSPkita > 2014-08-15 11:48 | Report Abuse

Abang pi Deciphering Market Emotions event si bo?

Posted by countfind > 2014-08-15 12:18 | Report Abuse

TQ Yong for taking time to reply about Granflo.

what's your take on kheesan..someone was touting it will go to 73 sen near term

Posted by yong888 > 2014-08-15 12:43 | Report Abuse

duitKWSPkita ,

That is FX asia Conference..... will involve as Panel discussion moderator and presenting the online trading tech for the Academy.....

Happy trading

Posted by duitKWSPkita > 2014-08-15 12:49 | Report Abuse

awesome!!!!


fight fight fight! see you soon.

Posted by yong888 > 2014-08-15 20:37 | Report Abuse

tsy88 , SYF
http://gyazo.com/bbfffa1ac1d1c8e32a337e082bebf712 Simplified chart

SYF has an failed attempt to breakout above 1.3000. The immediate support is near 1.150, and cut loss near 1.100 , which is the 23.6% Fibo retracement (100% = 1.280, 0% is near 0.550. ) As the free float is low near 650 millions , it can be a good intraday trading target.
Technical indicators are positive , Its slight bullishness still intact. SYF is now in the Excess phase, which may be close to 1,3000 or going to hit its new peak near term , thereafter, its downturn may commence

I cannot predict its TP near term as I can't derive from the chart , its Fundamentals are still required further observation and significant improvement SINCE its present PE is near 20 (basing on EPS=0.06, AT 1.250), NTA=0.600, with erratic growth over the last 3 years.
@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@,
Ho hup and Ideal will be done tomorrow.

Happy trading

Posted by tsy88 > 2014-08-15 20:56 | Report Abuse

Yong888-

Meant no offence. I am mot comparing you to TCB. I am just very impressed with your detailed write-ups on just about everything and your comprehensive feedback and analysis on enquiries pertaining to trading and stocks.

Do take your time. Have a wonderful time moderating and presenting the online trading tech for the Academy at the Fx Asia Conference.

Posted by tsy88 > 2014-08-15 21:08 | Report Abuse

Yong888 - thanks for analysis on Syf. You mean to say that upon hitting new high, it will reverse direction and go downhill?

Posted by yong888 > 2014-08-15 21:29 | Report Abuse

TSY88, Ideal,

http://gyazo.com/355dc5d2e496931ada3cf4d8334e0746 simplified chart

Technically, Ideal may have hit her Top near 0.7000, if you look at the chart where the Peak D is located., as we note that the divergence on both RSI and STO are now clearly displaced. Stop loss is at the 23.6% Fibo at 0.560 (0%=0.135 , 100% = 0.7000), You must be cautious as her down trend may commence sooner. I think that her Excess phase has almost reached. (I simplify the chart so that All readers can copy and implement them themselves later)

Ideal FA, as her NTA is 0.05, PE is near 28 (eps=0.025, price =0.700).

Posted by yong888 > 2014-08-15 21:40 | Report Abuse

tsy88 ,

I understand. Thanks for your kind words,

Happy trading

Posted by AyamTua > 2014-08-15 22:00 | Report Abuse

yong888 - in your best opinion, what stock you think will move say in a week to month time... with power NTA and low price.. :-) thanks

Posted by yong888 > 2014-08-15 22:05 | Report Abuse

AyamTua

Abang, you are wanted here lor......

Aiyooooo, ok, I will try to find and predict lah like your EAH.... GSB..... Frontkln.....

You must come to this===OUR home to predict TOGETHER ,and huat lah and then DONATE LOR TOGETHER LAH................

Posted by yong888 > 2014-08-15 22:09 | Report Abuse

tsy88 , There are 3 phases during up trend,

Accumulation, participation, Excess....

http://gyazo.com/59a5eda62fb63ea4c3f2e9873048de75

During this excess phase, a lot of attention should be placed on signs of weakness in the trend, such as strengthening downward moves. Also, if the upward moves start to show weakness, it could be another sign that the trend may be near the start of a primary downtrend.

Then the Distribution phase during downturn......

Happy trading