Posted by faberlicious > 2013-11-22 08:04 | Report Abuse

Matrix,a very good morning to you and all here. Dow J in the green yesterday,up 109 pts.Bursa should be positive.Will try to dispose some stocks in my trading portfolio namely PJDEV and warrants,Glomac.Que to buy more Jaycorp and Latitud if there is price weakness.

Happy trading and "May the best price be yours"

Posted by matrixcool > 2013-11-22 08:24 | Report Abuse

Tiongms, faberlicious, good morning !!

Carlsberg—Very bearish and at stage 4 of the cycle. If you try to bottom fish please trade with an Exit Plan as it is still heading south in the long term. Next support is at $11.58/$11.18. Yesterday close with a “Doji” means indecision, could it be a trend reversal? You need to look at today candle.Any rebound should meet immediate resistance at $12.16/$12.50. A break above $12.50 give you the first signal to buy as it is out of the downtrend channel to next strong resistance at $13.05.It needs to close above $13.05 to signal it is out of stage 4 cycle.

Faberlicious hope you can lock in more profits today…

Happy Trading…

Posted by ProfitMan > 2013-11-22 10:44 | Report Abuse

Matrix, MPHB seems to be losing momentum. I have disposed some of my MPHB shares today at 1.69 to lock in some profits.

Posted by faberlicious > 2013-11-22 11:00 | Report Abuse

Matrix,sold off all my PJDEV @1.30-1.31(cost 1.15),PJDEV WC @0.35(cost 0.32. Que to sell Glomac @1.12. Matrix,can u take a look at TA for Willow (where's the support/resistance).
sephiroth,have u took profit on PJDEV and warrants?

Posted by matrixcool > 2013-11-22 11:32 | Report Abuse

Profitman, good for you to lock in profits. You are right the momentum for MPHBCAP is losing some momentum…Yet it has not reached the panic stage, a close below $1.68/$1.66 I will be out too…

I start to buy in TAS…Some still in the Q managed to buy some in the morning..Low risk if willing to Stop Loss if $1.02 violated.

Feberlicious- For Willow immediate support is pegged at $0.63/$0.62 level & Resistance is at $0.67/$0.69.Formed an Engulfing Bear (Shadowing the upward movement of Willow) on 15/11 at $0.69, unless this level is taken out it is expected to move downwards towards supports.

Happy Trading..

Posted by faberlicious > 2013-11-22 11:36 | Report Abuse

Bro Matrix,thank you very much for the Willow analysis. Will monitor it.

Posted by sephiroth > 2013-11-22 11:40 | Report Abuse

matrix, did u manage to grab titijaya shares?

Posted by matrixcool > 2013-11-22 11:47 | Report Abuse

sephiroth, i did not get any...Hope you and connie get some..

faberlicious, you are doing well in locking in profits for PJDev..Congratulation !!

Happy Trading..

Posted by sephiroth > 2013-11-22 11:52 | Report Abuse

matrix, choolooi and me also did not get any, m2u auto reverse $$$ back to us

Posted by matrixcool > 2013-11-22 11:55 | Report Abuse

sephiroth, now IPO very Hot a bit difficult to get..No problem, will try next time again !!

Posted by sephiroth > 2013-11-22 11:58 | Report Abuse

matrix ,totally agreed, just 17m shares for public out of share base 340m shares, on top of that 8.5m shares reserve for bumi, guess we will miss the 1st day closing price of minimum above RM2

Posted by tiongms > 2013-11-22 12:43 | Report Abuse

Bro. Matrix thank you very much for the detailed analysis for Carlsberg.Thanks again

Posted by matrixcool > 2013-11-22 14:16 | Report Abuse

sephiroth, my family members strike some, son 14 lots..others bro&sisters added up 102 lots..except me !!

tiongmas, you are most welcome !! Remember we are here to help each other. To make money consistently in the stock market is very stressful and hard if you don’t have a plan.

Have a nice weekend !!

Posted by sephiroth > 2013-11-22 14:44 | Report Abuse

matrix, you and yr family are ipo winners with magic/midas touch

Posted by g888 > 2013-11-22 15:10 | Report Abuse

ya..i also don't get any from the Titijaya IPO. But haven't get the auto reverse from M2U yet..you guys got back the $$ already?

locked profit from PJDEV_WB :)

Anybody here holding instaco? very bad shape..still thinking if i should hold

Posted by connie > 2013-11-22 15:28 | Report Abuse

hi matrix, no i did not apply for the ipo. glad your family members got it :)

Posted by matrixcool > 2013-11-22 15:41 | Report Abuse

g888, ya i have received the $$$ from M2U..
Happy to hear you make $$$ in PJ Dev too..

connie, NVM because it is not easy now to get IPO..

Have a nice weekend !!

Posted by connie > 2013-11-22 16:00 | Report Abuse

hi matrix, if u have some free time cud u kindly take a look at yli ? thanks so much :)

Posted by matrixcool > 2013-11-22 16:19 | Report Abuse

connie, on 17th Nov in my previous post answering to sis metta on YLI..
That was what i read then..

YLI---Very Bullish, stage 2 of the cycle. Broke out of the symmetrical Triangle with volumes on 31/10 which give an estimated TP of $0.90. It is moving towards its immediate target. Any consolidation towards immediate support of $0.74/$0.70 is a good time to accumulate for future play. Exit if $0.65 is violated --Chart on 17/11.


Happy Trading

Posted by connie > 2013-11-22 18:06 | Report Abuse

oh sorry matrix. didn't see that earlier. have a nice weekend :)

Posted by sephiroth > 2013-11-23 10:01 | Report Abuse

just wanna share this link which have chart for all counters

http://www.shareinvestor.com/fundamental/factsheet.html?counter=1945WC.MY

Posted by jvei > 2013-11-23 10:06 | Report Abuse

thank you mr.sephiroth. the url is very helpful.

Posted by sephiroth > 2013-11-23 10:14 | Report Abuse

jvei, no prob, we always share good stuff here, the most valuable is matrix ta opinion
matrix, can u check the chart on GOB again, seems oversold and back on track(round 1 & 2 buy 0.695/0.74 sell all at 0.885/0.90) just collected 0.755 this week for round 3

Posted by Hustle > 2013-11-23 10:16 | Report Abuse

Sephiroth,previously I always use this site too.But,lately I seldom use it already,since all the market capital share Qty and about all their IPO & listed date already been hide.You need to paid only can access.Regarding to chart Bursa site is more detail.Phone apps klse screener also very impressive.

Posted by ProfitMan > 2013-11-23 10:32 | Report Abuse

Sephiroth, thank you for sharing the link. Another source of tool is always good.

Posted by matrixcool > 2013-11-24 10:18 | Report Abuse

jvei and Hustle, welcome to this thread.

Sephiroth—Thanks for sharing the link, you did well on the first 2 rounds of GOB. My reading on:

GOB—Stage 3 of the cycle . The price movement can be volatile (Distribution phase) and traders will try to buy near support ( which you did as immediate support is at $0.75) and sell at resistance.It confirmed the Bullish Harami formed 21/11 so more rebounds could be expected near term. Any rebound should find immediate resistance at $0.785/$0.80. Very strong resistance at $0.85. The dark cloud formed on 17/10 at $0.895 is shadowing the upward movement of GOB.

Caution: First weakness if break below immediate support of $0.75 and if break below $0.70 confirmed Triple Top (Very Bearish) formation.

Have a nice weekend.

Posted by connie > 2013-11-24 10:26 | Report Abuse

hello matrix. good morning. did u just finish your 10km run ?
matrix, everybody is talking about foreign funds pulling out, tapering, us currency strengthening etc etc so "don't buy" now seems to be the mantra. but u are so unperturbed by all these noises. u must have gone thru' all these turbulence unharmed. very very cool :)

Posted by TESSA > 2013-11-24 10:28 | Report Abuse

Good morning all :)

Posted by matrixcool > 2013-11-24 11:02 | Report Abuse

connie, ya i did a 8km run this morning and need to stop because so many people in the TTDI Park after 8am..

Ya, the market is against us at the moment and what it meant is it is harder to pick winners and need to be more cautious in trading. My belief is don’t over trade and execute your plan if you decided to buy into any stock. I had learned from my past mistakes if you feel stressful and worried while trading you are NOT doing it right. Maybe is a good time to take a break.

Look at my latest portfolio I only have MPHBCAP,TAS and TDM..( all of them are very low risk because the Stop Loss is only a few cents from my purchased.The potential gains are few times against my loss. I am OK even I need to cut losses as I know I can afford those losses before I enter those stocks). The QE has been on for months and US currency strengthen means good for many companies that export their products right?

Remember the Fear factor? Most traders are in that mood now. ALAM was a good example lately, when it was sold down everyone is like wanting to get out (Fear Factor). I managed to lock in some nice profits buying in $1.44 and scale in more shares when it broke $1.48 and out at $1.58 in that few days. Now everyone is trying to get in (Greeds factor) when it rebound so strongly. The stories never end and most important our opinions can be wrong, the market is always right.I still made mistakes picking losers, but I took my losses and move on. Lately I was wrong too on PERISAI and sold too early when it could not break $1.47.

Tessa, Good morning to you too..

Have a nice weekend…

Posted by TESSA > 2013-11-24 11:10 | Report Abuse

Matrix cool, nice place, good info, my boy friend recommended to drop by:)

Posted by CityTrader > 2013-11-24 11:43 | Report Abuse

Tessa :-)

Posted by FreeThink > 2013-11-24 11:47 | Report Abuse

: )

Posted by connie > 2013-11-24 11:52 | Report Abuse

oh u run in ttdi park...there is this german guy who runs in my neighbour. gosh he always puts me to shame coz' he is still actively running marathon despite his age (70+). like u, he runs all over the world. and he always said "hey connie why don't u join me one of these days ?" i was like "yeah rite !!!" but he and i have one thing in common though, we always go to the same organic shop for lunch :)

u too matrix have a great weekend with your lovely wife :)

Posted by ProfitMan > 2013-11-24 13:46 | Report Abuse

Good morning Tessa, matrix,connie and all or should it be good afternoon.

I totally agree with Matrix. I am taking very short positions in the market at the moment with shares that are sold down due to fear. Just went into Insas when it was sold down to 83sen and offloaded it 2 days later when it hit 90sen, although it later went up further to 92sen, I think. I may be wrong but I believe there are too many external factors currently, that are causing people to be cautious and no catalyst for the market to trend higher (except maybe Moody's higher re-rating of our sovereign debt - effect may be short term) like the hanging US debt ceiling, long year end holidays, and fund managers I believe will be closing their books come year end.

There could be some opportunistic buy during this period. In fact I have been paring down my short term and some medium term stock holdings to convert them back to cash and will on the lookout for any opportunistic shares that has been sold down to buy. Insas is one of those counter that I will be keeping watch.

By the way, Matrix, I bought into TAS too at 1.05. I am still hanging on to Engtex as it is my medium term investment but I still remind myself of your advice, stick to the exit plan and exit price for profit protection. Too bad I don't like running, if not I will join you in TTDI.

Sadly, Liverpool only managed to draw with Everton. Man Utd's game tonight should be a breeze.

Cheers. Have a great weekend everyone.

Posted by matrixcool > 2013-11-24 14:40 | Report Abuse

connie, ya i also live in TTDI. Normally I will do my long run at Lake Garden but today dad was with me. Ya it will be nice if you can join us for some runs sometime next year. I am leaving next Friday to Angkot Wat Run and later to Chiangmai run. Also my year end holiday there, love Northern Thailand the weather is cool during year end.

Tessa, your boyfriend is right. TTDI park is not bad.Actually it has 3 places to exercise, Rimba park, Kiara Park and the mountain at the back.

FreeThink welcome to this thread.

profitMan, thanks for sharing your experiences and congratulation on your Insas. Look likes we have something in common in TAS.Just to let you know I will exit if $1.02 is violated. Oh ya, last night the game was reallyl exciting, I enjoyed it too.

Enjoy your weekend !!

Posted by connie > 2013-11-24 14:56 | Report Abuse

matrix, nice to join but 2km run can ? oh u are leaving next friday already so we won't be hearing from you :(
i wish you happy holidays next week.

hey profitman, good afternoon to you. we join matrix but we cycle and he runs. so no worries if we can't catch up with him :)

Posted by ProfitMan > 2013-11-24 16:57 | Report Abuse

ha ha ha. Connie, that is a fantastic idea.

Posted by matrixcool > 2013-11-24 18:00 | Report Abuse

connie,profitMan, very funny :-)) !! Next time we do a 5km "run and walk" together K? There are many running events in KL each year !

oops Time for dinner..

You two enjoy your dinner with family too..

Posted by connie > 2013-11-24 20:12 | Report Abuse

eh matrix drawing smiley face. that's nice. cool and funny :)

have a nice evening :)

Posted by matrixcool > 2013-11-24 21:02 | Report Abuse

25th NOV

1) MPHBCAP- Formed another black candle today. The support of $1.68 had been tested a few times and is holding well. The 3 black candles for the past 3 days is a concern bearish signal. A break below $1.68/$1.66 signal MPHBCAP may consolidate further downward. The price and RSI also indicate Bearish Divergence. The only good sign is the downward momentum has slowed down so a break above $1.73 signal BUY towards the previous high of $1.78 & beyond. Exit if $1.66 is violated.( I may cleared mine on any rebound to protect my capitals).

3) TAS— Bought in TAS at $1.05 today as yesterday it formed a Bullish Harami indicates may be a trend reversal is near. It is expected to test immediate resistance at $1.09 if break will try next strong resistance at $1.12. A break above $1.15 with volumes signal further BUY ( I may scale in more shares) as it confirm the Bullish Flag breakout and has an immediate TP of $1.33 and beyond. Immediate support adjusts to $1.04/$1.02. Exit if $1.02 is violated.

2) TDM—As suggested rebound further and taken out immediate resistance of $1.00. Formed a white candle indicates more bullish upward movement. It is expected to challenge previous high of $1.05 if break will move to TP of $1.15. Immediate support is adjusted to $0.995/$0.975.Exit if $0.95 is violated. ( I have increased my Stop Loss from $0.93 to $0.95).

I am monitoring ALAM ( Gap Support of $1.52 is holding well) ,FITTER if support of $0.72 holds, PERISAI ( completed Cup & Handle pattern but the breakout is lack of volumes).

Happy Trading..

connie..thanks and good night..Watching football soon..

Posted by miketyu > 2013-11-25 00:35 | Report Abuse

matrix, may i ask. normally breaks above the certain price means the price must be equal and more than the price right? if it breaks above and drop back is it considered as a buy signal?

Posted by Skyjuice > 2013-11-25 06:17 | Report Abuse

Hi, good morning to all.

Posted by faberlicious > 2013-11-25 07:52 | Report Abuse

Good morning Matrix and all.How is your weekend?Hope it's gooood one ya. Will be selling of my Glomac this week before dividend ex date.Don't know what to buy.Look around first.
Happy trading and as always "May the best price be yours"

Posted by matrixcool > 2013-11-25 08:56 | Report Abuse

Good morning everyone !!

Miketyu, a breakout ( I am using breakout as an example but it can happen to break-down too) must accompany with volumes. It will normally lead to 2-3% increased followed by an immediate test of that breakout level ( Resistance turns support). If the stock closed below that level for any reason then it is invalid.

Feberlicious, hope you can get rid of your Glomac..

Happy Trading..

Posted by twobits > 2013-11-25 10:22 | Report Abuse

Matrix: Perisai breakout!

Posted by matrixcool > 2013-11-25 10:35 | Report Abuse

twobits,

ya i bought in at $1.48/$1.49 after $1.47 holds...I will exit if break below $1.47 (Resistance turned support)..
I made a mistake to sell mine earlier when I bought in at $1.43 when chart reading shows it should breakout from $1.47..
Next resistance at $1.55/$1.60..

I also bought in FITTER today..

Happy Trading..

Posted by miketyu > 2013-11-25 10:56 | Report Abuse

OIC. THanks for your kind explanation =)

Posted by jacky187 > 2013-11-25 11:16 | Report Abuse

matrixcool, thanks for tgoffs analysis the other day. Btw OKA approaching 0.83 (highest in 2009 - 5 years)

Posted by twobits > 2013-11-25 11:56 | Report Abuse

Matrix: Dialog breakout also!

Posted by matrixcool > 2013-11-25 12:55 | Report Abuse

Miketyu,jacky187...you are welcomed!
Thanks for sharing OKA..

twobits..thanks for the alert on Dialog!
I am not at my computer now...

Happy Trading...