Posted by aikwais > 2014-09-25 23:04 | Report Abuse

Dear qwerty
What do you think of SCIENTEX? Overheat or bullish uptrend?

Posted by qwerty > 2014-09-26 00:06 | Report Abuse

SCIENTEX is getting hot and very bullish. But not recommended to buy at this time.
RSI already reaching 80%. Not worth to invest at this level. High risk, low returns.

Posted by qwerty > 2014-09-26 00:07 | Report Abuse

ELSOFT is a better buy than SCIENTEX at this moment.

Posted by qwerty > 2014-09-26 00:08 | Report Abuse

PENTA, MMSV, ELSOFT.

Posted by ppginvest > 2014-09-26 09:19 | Report Abuse

I bought some more MMSV shares at 0.515

Posted by qwerty > 2014-09-26 13:51 | Report Abuse

I'm adding PENTA this morning.

Posted by ppginvest > 2014-09-26 15:20 | Report Abuse

PENTA has chances to go higher than MMSV?

Posted by qwerty > 2014-09-26 16:08 | Report Abuse

PENTA - just beginning, MMSV - 2nd leg up, ELSOFT - 2nd. leg up

Posted by qwerty > 2014-09-26 16:10 | Report Abuse

MMSV - engine started. Chart better than PENTA

Posted by qwerty > 2014-09-26 16:11 | Report Abuse

PENTA - started too fierce. After resting enough, will rise.

Posted by qwerty > 2014-09-26 16:13 | Report Abuse

MMSV - getting fierce now

Posted by qwerty > 2014-09-26 16:17 | Report Abuse

I have all the 3 of them in my hand

Posted by aikwais > 2014-09-26 20:40 | Report Abuse

Dear qwerty

Recently I look into UZMA, KOSSAN and SCIENTX. Please help to comment on my analysis.

UZMA:
W% (10) -10 - overbought.
RSI (10) 62% - seems ok.
DMI (14) 14 - not a strong trend yet.
MACD (12, 26, 9) back to neutral line - good.
EMA 7, 14, 21, 31, 50 slightly below closing price RM 3.71 - seems bad.
Bollinger Bands start contracting - ok.
PS (0.02, 0.20) uptrend - good.
Decision, wait it to cool down.

KOSSAN:
W% (10) -20 - overbought.
RSI (10) 77% - overbought.
DMI (14) 47 - strong trend.
MACD (12, 26, 9) 0.12 from neutral line - strong.
EMA 7 below closing price RM 4.51 - good.
Bollinger Bands expanding - good.
PS (0.02, 0.20) uptrend - good.
Decision, strong trend and want to jump in but seems overheat.

SCIENTX:
W% (10) -10 - overbought.
RSI (10) 86% - overbought.
DMI (14) 37 - strong trend.
MACD (12, 26, 9) 0.23 from neutral line - strong.
EMA 7 way below closing price RM 7.15 - good.
Bollinger Bands expanding - good.
PS (0.02, 0.20) uptrend - good.
Decision, strong trend and want to jump in but seems overheat.

Hope you can guide me.

Posted by char1234 > 2014-09-27 07:41 | Report Abuse

Coming wk shld c big gap up.if none counter is fully valued

Posted by qwerty > 2014-09-27 09:30 | Report Abuse

aikwais, All your named stocks are trending bullishly. Sometimes the stock can move higher if they wanted to push it up like PMETAL - melting hot
above 90% also don't care. But now melting down like anything.

So, its quite difficult to confirm the entry point after the stock has moved up and the indicators has also followed it up. If you want to play safe, UZMA is a safer buy, but not discounting KOSSAN, who can rise high and then drop back fast. As long as any stock is trending above the EMA, its safer to buy and hold. Use it as an indicator to sell once it starts to breakdown from the support. Use the Bollinger 10 band to confirm too.

Posted by qwerty > 2014-09-27 10:03 | Report Abuse

aikwais, one good thing you have done is by helping yourself to understand the mechanics of stock charting. We must use it (mandatory) before we attempt to buy any stock. It is very very good that you are following my guide and advice. You will go far. And be a winner. Congrats.

Posted by 4u2c > 2014-09-28 23:43 | Report Abuse

Penta...is in goooood position for gap up if they want to

Posted by uchitech008 > 2014-09-29 09:53 | Report Abuse

morning qwerty, what do u think about skpres. 0.68 finished 1 shot big lots few minutes ago. if I am not wrong, today going to test 0.69 at least.

Posted by aikwais > 2014-09-29 12:02 | Report Abuse

qwerty, thank you for your guidance.
I notice that I did not provide the support. How do you see its support and resistance?
I am using Bollinger Bands EMA (20, 0.2). Too conservative?

Posted by char1234 > 2014-09-29 17:09 | Report Abuse

Penta Anti Climax .Is game over?

Posted by qwerty > 2014-09-30 08:47 | Report Abuse

P E N T A - ok, temporary taking a nap to bring down the MACD

Posted by qwerty > 2014-09-30 08:55 | Report Abuse

aikwais , to be a winner, we don't have to be bothered by the price movement ie.support and resistance. We are only concern if the price breaks down from the EMA support. If that (EMA) happens, its better to sell.
Any good trending stock must be well supported by the EMA. If you see your holding stock is not the way it should be, sell it off and look for other good trending stock. This way you free yourself of additional homework.
If you still want to know more, login and find the details in the website. There are many out there explaining and showing the calculations. As for me, this isn't important at all. I just rely on the EMA trending and the MACD to make decision.

Posted by uchitech008 > 2014-09-30 09:42 | Report Abuse

hi, qwerty, any comment on marco?

Posted by aikwais > 2014-09-30 09:56 | Report Abuse

qwerty, EMA and MACD for 1 min, 5 min, 15 min, 60 min intraday chart are very different. Which one do you use and why? Since I do not know how yet, I am using end of day data only.

Posted by qwerty > 2014-09-30 10:33 | Report Abuse

EMA MACD daily chart, can't use OSK

Posted by qwerty > 2014-09-30 10:37 | Report Abuse

MARCO looks nice and ok

Posted by qwerty > 2014-09-30 10:51 | Report Abuse

PENTA - still pressing down the MACD, price is still well supported above EMA

Posted by aikwais > 2014-09-30 10:55 | Report Abuse

qwerty, which platform is good for intraday chart? WinChart?

Posted by ppginvest > 2014-09-30 15:24 | Report Abuse

wah, PENTA !!!
need to cut loss and leave, or stay?

Posted by qwerty > 2014-09-30 17:32 | Report Abuse

PENTA, as long as you can hold, no problem. It will move up just as aggressive as it plunge. This typical of PENTA.At mid point last few days, it can choose to move up or drop down. They choose to drop down to press down the MACD and I expect it to move recover by tomorrow. Recover means- stop dropping and starts to close in the Green. Then it might start to surge again. Even though it drop a lot today, it is still fully supported by the EMA. I will enter once it starts to turn green.

Posted by qwerty > 2014-09-30 17:33 | Report Abuse

MARCO - close in the RED today - looks dangerous !

Posted by qwerty > 2014-09-30 17:36 | Report Abuse

I do not recommend investor to carry out any intra day trade.
You can do it once in a while for fun in small qty, its OK to do that but this is not for serious trading. Its a 50-50 chance. Winner's platform will not take this path. So intraday chart is foe viewing only, not for trading. there are many software available in the market place but its best not to attempt to trade base on it.

Posted by 4u2c > 2014-09-30 19:43 | Report Abuse

Penta...looks dangerous....EMA is supported but when it dips, we are too late to see it.....right now, whoever has bought, is trapped like me....

Posted by aikwais > 2014-09-30 22:11 | Report Abuse

qwerty, I do not intent to go for intraday trade.
About MACD, does it matters if it is under or above the neutral line?

Posted by qwerty > 2014-10-01 09:36 | Report Abuse

I bought PENTA.

Posted by AbbyLOO > 2014-10-01 09:58 | Report Abuse

holding to PENTA since the last recommendation

Hi qwerty, dont mind comment on PWORTH?
TQ

Posted by skipplim > 2014-10-01 10:00 | Report Abuse

Mr Q, would appreciate current review of YINSON. Looks like downtrend to maintain or downtrend to hit up in weeks to come?

Posted by qwerty > 2014-10-01 11:05 | Report Abuse

YINSON - Price broke down on 29.9.14. Must sell on that day. Once a stock has broken down from the support, no one knos how deep it can go.

Posted by qwerty > 2014-10-01 11:06 | Report Abuse

PWORTH - also broke down from support at 1st. glance on the chart.

Posted by qwerty > 2014-10-01 11:07 | Report Abuse

I m holding SYCAL, PENTA, PMETAL, ELSOFT. Sold MMSV

Posted by qwerty > 2014-10-01 11:08 | Report Abuse

PWORTH - broke down on 25.9.14 at 25.5

Posted by AbbyLOO > 2014-10-01 11:55 | Report Abuse

thxs Qwerty

Posted by skipplim > 2014-10-01 14:20 | Report Abuse

Ok. Tq. Mr Q. MMSV out of EMA?

Posted by qwerty > 2014-10-01 14:49 | Report Abuse

MMSV's chart is very bullish, opening big mouth, likely to continue shooting up non-stop, (just taking a rest in between.)

i need the cash to buy other stock, like PENTA this morning.

Posted by skipplim > 2014-10-01 15:03 | Report Abuse

good news for MMSV, thanks Mr Q.

Posted by 4u2c > 2014-10-01 21:18 | Report Abuse

penta close not good......

Posted by qwerty > 2014-10-01 21:47 | Report Abuse

PENTA close okay. It must close at a lower level than the trading price to press down the MACD. After that the price can continue with its uptrend.

Posted by qwerty > 2014-10-01 21:48 | Report Abuse

Petrol price up 20sen after midnight

Posted by 4u2c > 2014-10-01 22:56 | Report Abuse

all bus companies koyak alreadi

Posted by 4u2c > 2014-10-01 22:59 | Report Abuse

Mr Q......im surprised......it was solid at 43 but came down 41....another push then....