Posted by matrixcool > 2013-08-21 21:03 | Report Abuse

The stocks that i mentioned are only my own opinions. please do not take them as buying opportunities. Like evryone else i made lots of mistakes too.. 1) GOB--Completed the cup and saucer pattern. More upward is espected from this stock. Immediate Reisstant at $0.945, strong resiatnt at $1.00 with possible target price of $1.08. Supports are adjusted to $0.89 and stronger resistant @$0.865. My profit protection is at $0.865. 2) ALAM--It is in FLAG consodilation for the past 23 sessions,it may break out from the Flag very soon.The first signal is when it break above $1.55 and confirmation if can break and stay above $1.62 with volumes. Support is adjusted to $1.47. 3)Huayang--Have been inside of Trading ranges of $3.05-$3.22 for the past 24 sessions.A break above the trading range of $3.22 will take it to the next resistants @ $3.34 with possible target of $3.40. Will limit my losses if break below $3.00. 4) E&O--Broke out from the sysmetrical triangle on 12/8 and hit the high of $2.27 on 16/8. It is back to consolidation and may offer some buying opportunities.I am buying back after dispose mine average $2.24 earlier. Supports are at $2.04/$2.00 If can stay above $2.10 it may re-try its previous high of $2.27. Will limit my losses if break below $1.97. Happy Trading....

15 people like this.

1,451 comment(s). Last comment by tonylim 2014-01-14 09:02

bbinvest

474 posts

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

Happy holidays matrix :)

CityTrader

8,151 posts

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

Matrixcool!!! cool!! enjoy your holiday & come back fast as window dressing is around the cornea..

Posted by Lawrence Lai > 2013-11-28 23:14 | Report Abuse

Matrix. thanks for all the input and you deserve a good break!
one question though, how do you manage not to monitor your holdings for up to a month? i get worry when i can't see my stocks... can you enlighten us?

ProfitMan

2,094 posts

Posted by ProfitMan > 2013-11-29 00:31 | Report Abuse

Matrix, enjoy your holidays and have a really good holiday.

skyjuice

1,094 posts

Posted by skyjuice > 2013-11-29 07:12 | Report Abuse

Matrixcool, enjoy your holiday. We will miss you :)

TESSA

7,919 posts

Posted by TESSA > 2013-11-29 07:18 | Report Abuse

Good morning matrix and all. Happy trading! :)

TESSA

7,919 posts

Posted by TESSA > 2013-11-29 07:21 | Report Abuse

Oh ya, happy holiday matrix :)

jvei

109 posts

Posted by jvei > 2013-11-29 07:27 | Report Abuse

Thank you Mr.Matrix

Posted by faberlicious > 2013-11-29 07:33 | Report Abuse

Have a nice and wonderful holiday Matrix !

tiongms

59 posts

Posted by tiongms > 2013-11-29 14:33 | Report Abuse

Bro.Matrix you need a break and have a good time.Rgds

matrixcool

1,307 posts

Posted by matrixcool > 2013-12-04 19:03 | Report Abuse

Thanks everyone..Just flew in Northern Thailand today...
Enjoy the cool weather this time of the year.
Oh ya...did my Angkor Wat 1/2 Marathon..
It was a beautiful run n happy to be able to contribute
to the charitable course..
Still no access to my charts..

Happy Trading..

Kukuman

2,118 posts

Posted by Kukuman > 2013-12-04 19:05 | Report Abuse

Dont forget to visit south Thailand. Plenty of 'actions' there. Happy holiday

matrixcool

1,307 posts

Posted by matrixcool > 2013-12-04 20:09 | Report Abuse

Thanks kukuman...i only stay at Northern Thailand.
Love the weather here..

connie

37,452 posts

Posted by connie > 2013-12-04 20:12 | Report Abuse

hi matrix, almost forgot there is a thread called my trading stock...glad u completed the angkor wat 1/2 marathon. miss your chart readings. enjoy your time in thailand :)

ooi1955

1,302 posts

Posted by ooi1955 > 2013-12-04 21:05 | Report Abuse

Hi! Matrix, glad you had a good run.
Hope your knee is better.
Have a relaxing holiday & Travel safe.

matrixcool

1,307 posts

Posted by matrixcool > 2013-12-04 22:58 | Report Abuse

Thanks connie n Ooi, miss u all too...
My knees still hurt but i finished the 1/2 Marathon v pain killer..
It was an wonderful experience especially those kids lined up
On the street n cheers us on...

connie

37,452 posts

Posted by connie > 2013-12-05 09:06 | Report Abuse

i dance & cheer for you from kl...enjoy your chiangmai run. take care matrix :)

ooi1955

1,302 posts

Posted by ooi1955 > 2013-12-05 09:42 | Report Abuse

Dear Matrix...you really should not put too much strain on that painful knee of yours. Pain killers only numb the pain... you need rest to help the healing process. I know you care and would like to fullfill your promise... but taking care of yourself should come first... there's always another charity work that you can help out later.
Enjoy the outing and fun with your family and friends but pls do take care of yourself..... breath in the fresh air... and relax.....

matrixcool

1,307 posts

Posted by matrixcool > 2013-12-05 14:03 | Report Abuse

Ooi1955;many thanks on ur advices..
I am actually at private hospital in Northern Thailand now..
Waiting for my turn to c the bone specialist..
Because i am running Full Marathon in Chiangmai i need
Some medical advice too.

Hope u all r doing well in the stocks..

tiongms

59 posts

Posted by tiongms > 2013-12-05 19:03 | Report Abuse

Bro.Matrix please do take care and seek medical help if needed.Rgds

Stockwatch

100 posts

Posted by Stockwatch > 2013-12-05 19:21 | Report Abuse

Hope you are Ok bro. Matrix.Agree with ooi1955.
I just went for physiotherapy for plantar fascitis and learned
a couple of things.Steroid injection is a no,no.It takes time for
inflammation to cool and you have to do stretching exercises and
herbal patches.
It is good you are doing a charitable cause. Was in North Thailand last year and visited the dharmagiri orphanage set up by a Malaysian monk in Mae Hon Son. It was a an eye opener and it was a fantastic experience there.

ooi1955

1,302 posts

Posted by ooi1955 > 2013-12-05 20:37 | Report Abuse

Oh... dear Matrix...I sincerely hope your Thai Orthopedic Surgeon gave you good advice.
Just to share, Stockwatch is right steroid injection right into the knee joint is just temporary relieve for say 3-6mths only. Depending on the seriousness of your condition ,it does not cure completely unless its only a torn ligament with no bone complications. Even then, complete rest, cold pack and medication is the best remedy.
Matrix, please try and take it easy, OK.
Note:Today market is terrible, more red than green. Hope it improves. To quote CT “window dressing is around the corner”.

matrixcool

1,307 posts

Posted by matrixcool > 2013-12-05 22:39 | Report Abuse

Thanks tiongms, stockwatch and ooi1955..
The specialist advised me to stop running and take up swimming or cycling..
I think I will seek 2nd opinion when back to KL end of the month..I will try to finish my Chiangmai Marathon first..

Stockwatch, thanks for the info for dharmagiri orphanage, I would like to visit too.

Ooi1955, the market is at all time high now, just pick the right stocks. Remember to follow the trend..

I may re enter MPHBCAP when come down to $1.68/$1.66 ( I locked in all my profits at $1.78/$1.77 earlier)..I re entered TAS at $1.06 ( Clearing all around $1.14 earlier)..Will be interested in Engtex if support of $1.54 holds..

Happy Trading…

ooi1955

1,302 posts

Posted by ooi1955 > 2013-12-05 23:08 | Report Abuse

Matrix... if you need a second opinion, I would like to share my Orthodpedic Surgeon with you. He did a wonderful Total Hip Replacement for me in Gleneagles Medical Centre, Penang. Dr Siva now join Sime Darby Group in KL. You can check his credentials in this link:-
http://www.medeguide.com/simedarbygroup/siva-kumar-ariaretnam

I dont think he is well known yet. I'm not promoting him but just sharing my personal awarness of his skill. I hope you dont mind, Matrix.

Matrix, I have stop buying shares. Only waiting to sell off those I have in hand. Now taking e-lesson from Sjm3.

Good night and May God Bless You.

imoogi99

1,640 posts

Posted by imoogi99 > 2013-12-05 23:27 | Report Abuse

matrix, base on your brief discussion, the specialist is right. The problem face by many runners...the problem is call runners knees. I am a marathoner too...after many training, especially running on hills, hit the problem. See many specialist and even sports specialist, cant help much. Had request for surgery but they cant guarantee that I will be able to run again....so decided to stop running and switch to other sports. Nevertheless, get a second opinion...see a sport specialist...they know better.

matrixcool

1,307 posts

Posted by matrixcool > 2013-12-06 09:31 | Report Abuse

ooi1955, It is very kind of you, really appreciate the info about Dr Siva. I will look into it when back to KL..

Imoogi99, nice to know another runner in this thread. JennyLee like to run too. Ya, I agreed with you the training and running Marathon can really hurt our knees. I will definitely get a 2nd opinion when back to KL.. Maybe like you need to switch sport too.

Sorry this thread now talking about my knees instead of charts, it is frustrating I cant access my charts at the moment.

Need to go now, will drive down to Chiangmai and spend my weekend there..

Happy Trading…

matrixcool

1,307 posts

Posted by matrixcool > 2013-12-10 15:37 | Report Abuse

Wow..finally back from Chiangmai and just reached my own home in Northern Thailand...
Now will be able to access my computer and charts..The days of using my HP app to look at stock price is over..
Re entered Engtex when support of $1.54 holds few days back ..
Tonight has steamboat dinner with some Thai friends and after that may be able to study some charts.

Jennylee, those charts you requested I will try to read them when I am a bit free K?

Happy Trading !!

Posted by faberlicious > 2013-12-10 16:27 | Report Abuse

Bro Matrixcool,wah, on holiday also cannot stay away from stock market.Same here,a day without watching market is like missing something.

connie

37,452 posts

Posted by connie > 2013-12-10 16:29 | Report Abuse

i was just talking about you matrix...and there here u are :) happy steam-boating !!

matrixcool

1,307 posts

Posted by matrixcool > 2013-12-10 18:55 | Report Abuse

faberlicious and connie,when i was away i have to use my HP app to look at stock price, but i have made a list of all my counters with ths support and resistance, break out level etc and carry with me everywere.That is why today when TAS broke $1.12 i scale in another 50% of shares.
Now i am back to my place with my computer, at least i can look at the charts.The problem is with my internet as i have no wifi here i am using pre paid internet with the pan drive,very unreliable..
Hopefully i can post my stocks after the dinner..

Enjoy your dinner too...

sephiroth

14,145 posts

Posted by sephiroth > 2013-12-10 18:57 | Report Abuse

matrix, sorry to disturb yr vacation, can u have a look on the chart of L&G, seems very bullish, btw u r far away from the demonstration right?

jvei

109 posts

Posted by jvei > 2013-12-10 19:54 | Report Abuse

Take care mr.matrix.

ooi1955

1,302 posts

Posted by ooi1955 > 2013-12-10 21:05 | Report Abuse

Welcome home, Matrix.

matrixcool

1,307 posts

Posted by matrixcool > 2013-12-10 22:49 | Report Abuse

11th DEC

1) ENGTEX—Re entered Engtex when support of $1.54/$1.56 holds, average costs bought at $1.58. It may have found a new bottom at $1.54 and even though it is not out of the wood yet, a breach above $1.72 ( taken off the Engulfing Bear on 28/11) with volumes may see it re test previous high of $1.78 & beyond. Failure to clear $1.72 ( I will lock in my profits) may see it consolidate towards the immediate support of $1.64/$1.60 & strong support is at $1.54. Exit if $1.52 is violated ( 2 points below $1.54)

2) PERISAI— Sideways movement between $1.43 to $1.50. Unless it could closed above $1.52 (Doji formed on 26/11) with volumes the counter is expected to be in dull mood.3 black candles last 3 days, more downward movement to $1.45/$1.43 can be expected. Exit if $1.42 is violated.

3) TAS—Re enter TAS at $1.06 after locking the earlier profits at $1.14. Today it breakouts from its Downtrend Line at $1.12 with increased volumes which I scale in another 50% of shares, now my average cost increase from $1.06 to $1.08. The downward movement momentum has reduced, it is expected to test its immediate resistance at $1.15 if break will re test $1.20 and the previous high of $1.25. Immediate support adjusts to $1.08/$1.04. Exit if $0.99 is violated.

4) TDM— Still trapped inside the Bullish Flag pattern, unless it could break out from the Flag at $1.03 with volumes it is expected to trade between $0.935 to $1.02. The momentum for upside movement has increased, it is expected to move above $1.00 to try $1.03. Exit if $0.90 is violated.
I am monitoring SUPERMX, ALAM, MPHBCAP

Happy Trading !!

P/S: sephroth, thanks for highlighting L&G, i v look at it tomorrow.
Thanks jvei and ooi1955.. Happy to be back! Actually i am still in Northern Thailand for y yearend holiday.

Posted by Lawrence Lai > 2013-12-11 08:55 | Report Abuse

Hi Matrix, are you still holding fitters?
can you help me with DAYA n PESONA please? been holding these two like forever, although make a little but not sure whether to lock in profit

matrixcool

1,307 posts

Posted by matrixcool > 2013-12-11 10:07 | Report Abuse

Lawrence, I cleared Fitter when it could not break abov $0.77 to protect my capitals. I will look into DAYA and PESONA for you later. I am just back so many charts to study for my next purchase.

jennylee, the charts reading for:

ASUPREM—Very bearish. Trading range of $0.18 to $0.21. A break below $0.17 signal more downward movement to test the previous low of $0.14. It is dangerous to try bottom fishing I would only look at this stock if it breaks above $0.21 with volumes. The only good point about this stock is the support of $0.18 is holding well, RSI and price formed a Bullish Divergence indicating some accumulation is going on. It is more likely to test the strong resistance at $0.21 in the near future if $0.18 is not broken.

SALCON-WA--- It is very Bearish trading below its downtrend line. A Falling Window formed on 05/12 at $0.145/$0.125, this Gap which the stock might try to close has formed a strong Gap Resistance. It is better to look at this stock if it can break above its Downtrend Line of $0.165 with volumes. If not expect to trade downwards to $0.105 if break will test the previous low of $0.07.

Sephiroth
L&G---Broke out from $0.395 on 02/12 with volumes and it is starting stage 2 of the cycle. Very Bullish and has an estimated target of $0.50.It is closing its Gap resistance at $0.44 now and strong resistance at $0.46.The upward momentum has slow down meaning some consolidation may take shape.Immediate support adjusts to $0.41/$0.395 (Resistance turns support). Any consolidation offer opportunity to purchase for future play.

HAPPYTRADING...

matrixcool

1,307 posts

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

Lawrance Lai,
DAYA--Very bullish and is at stage2 of the cycle.
After hitting high of $0.41 on 31/10 it has started
consolidation with reduced vol which is healthy.
It has on many occasions try to break $0.38 but failed so far.
A break above this level signal Buy for next resistance
at $0.41.If break this level may find very strong Resistance of
$0.45(Its previous high). Immediate support adjusts to
$9.365/$0.355.

Happy Trading..

Posted by Lawrence Lai > 2013-12-11 15:30 | Report Abuse

thanks so much Matrix, I've been holding for so long finally there is a bull sign ahead..
unfornately I'm still holding fitters (30% of my total)... now fingers cross for it to come back

thank you for daya!

matrixcool

1,307 posts

Posted by matrixcool > 2013-12-11 15:59 | Report Abuse

Lawrance Lai, Fitter do observe the Stop Loss level of $0.72. If
violated will go down further.For your

PESONA--The Dark Cloud formed on 12/09 is shadowing
the upward movement of this stock. Trend wise still bullish as the
Uptrend line is still intact. A break above $0.50 will take it back
to the $0.54 level which very strong resistance could be
expected.The upward momentum has slowed down so any consolidation should
find support at $0.455/$0.43.First sign of weakness if $0.455 is violated.

Happy Trading....

Posted by Lawrence Lai > 2013-12-11 22:22 | Report Abuse

thanks so much Matrix, it is very helpful at least i know i need to cut a little bit now to preserve my capital

seems like klci keep going up and breaking new high while most of the stocks are actually dropping, cannot seem to catch a correct stock...
guess have to be really patient this time round

matrixcool

1,307 posts

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

12th DEC

1) ENGTEX—Fail to move higher today and formed a Separating Line indicates more downward consolidation movement can be expected. The engulfing Bear formed on 28/11 at $1.71 is still shadowing the upward movement of the counter. Expected trading range of $1.60 to $1.68, a breach above $1.72 (taken off the Engulfing Bear on 28/11) with volumes may see it re test previous high of $1.78 & beyond. Failure to clear $1.72 ( I will lock in my profits) may see it consolidate towards the immediate support of $1.64/$1.60 & strong support is at $1.54. Exit if $1.52 is violated (2 points below $1.54)

2) PERISAI— Today form a Rising Window and closed with a White candle with increased volumes implies Bullish trend. More upward movement to test its immediate resistance at $1.56 and the previous high of $1.70 is on the card. Immediate support adjusts to $1.45/$1.43 and any further weakness offer opportunity to collect for future play. Exit if $1.42 is violated.

3) SUPERMX—Re enter Supermx today as it is forming an “Ascending Triangle” with the reaction high of $2.85. Today it closed with a white candle would expect more upward movement towards $2.85 in the near term. A break above $2.85 with volumes (I will scale in more shares) signal completion of the Triangle and it should move much higher. Immediate support adjusts to $2.70 and very strong support at $2.61. Stop Loss if $2.60 is violated.

4) TAS—Today close with a black candle it is expected to trade between $1.08 to $1.15. A break above $1.15 with volumes will re test $1.20 and the previous high of $1.25. Immediate support adjusts to $1.08/$1.04. Exit if $0.99 is violated.

5) TDM— It is showing more weakness by closing with a black candle today. It is expected to re test its immediate support of $0.94.Any rebound will find resistance at $0.97/$0.99 (May cleared my stocks if $0.94 fails to hold or any rebound to minimize my losses). Exit if $0.90 is violated.

I am monitoring ALAM & MPHBCAP

P/S Due to my internet problems at my place here I may not be able to post sometimes.

Lawrane, KLCI is setting new high with low volumes, it is all year end window dressing..


Happy Trading…

matrixcool

1,307 posts

Posted by matrixcool > 2013-12-12 22:37 | Report Abuse

13th DEC

1) ENGTEX—As suggested tested immediate support of $1.64 but managed to hold. The engulfing Bear formed on 28/11 at $1.71 is still shadowing the upward movement of the counter. Even though today it formed an “Engulfing Bull” which is a Bullish signal, but the undertone is still weak and I doubt it could break the strong resistance of $1.72 (Engulfing Bear formed on 28/11) soon. If break above $1.72 ( I will scale in more shares) it will try next resistance of $1.76/$1.78 (The Dark Cloud formed on 29/10).Failure to close above $1.69 tomorrow implies temporary top and I will clear to lock in my profits. Support adjusts to $1.64/$1.60. Exit if $1.52 is violated (2 points below $1.54)

2) PERISAI— As suggested it moved higher and tested its immediate resistance at $1.56 today but failed to close above $1.56. Form another white candle today implies more upward movement towards next resistance of $1.60. If it breaks $1.60 will try the previous high of $1.70. For short term trader like me immediate support adjusts to $1.50/$1.45, any weakness towards support offer opportunities to collect for future play. I have increased my Stop Loss level from $1.42 to $1.45 (If violated).

3) SUPERMX—as suggested it tested its reaction high of $2.85 today but failed to break above it. It has formed an “Ascending Triangle” and a break above $2.85 with volumes (I will scale in more shares) signal completion of the Triangle and it should move much higher ( I may also cleared if $2.85 could not be broken to lock in my profits). It is expected to re try to scale above $2.85 in near term to test immediate resistance at $3.00. Immediate support adjusts to $2.76 and very strong support at $2.70. I have increased my Stop Loss if $2.70 is violated to protect my capitals.

4) TAS—It is trading sideways between $1.08 to $1.15. Even though it is still down trend but the downward movement has slowed down. A break above $1.15 with volumes will re test $1.20 and the previous high of $1.25. Immediate support adjusts to $1.08/$1.04. Exit if $0.99 is violated.

5) TDM— Form a “Doji” during downtrend today indicates indecision (a trend Reversal?), a break above $0.97 will take it to $0.99/$1.00 (Gap Resistance formed on 29/11).Immediate support adjust to $0.94/$0.93. I have increased my Stop Loss from $0.90 to $0.93(if violated) to minimize my losses.

I am monitoring MPHBCAP, (ALAM maybe not ready yet).

Happy Trading…

sharem

31 posts

Posted by sharem > 2013-12-12 23:01 | Report Abuse

Hi Matrix, you are back from holiday. I will appreciate if you can analyse on Scientx and Ptaras. Thank you.

matrixcool

1,307 posts

Posted by matrixcool > 2013-12-12 23:31 | Report Abuse

sharem, I am still on my yearend holiday but i am at my Northern Thailand home which i can access my charts, I will look into Scientex and Pintaras over the weekend for you..Good night !!

ProfitMan

2,094 posts

Posted by ProfitMan > 2013-12-13 10:45 | Report Abuse

Matrix, good to hear from you again. You may want to take a peek at Weida. Chart looks bullish. Immediate support is 1.70 while resistance is 1.83 then 1.90 which is the dark cloud formed on 29/10 and 30/10. The bullish MACD crossover was on 10/12 and 11/12. Volume has increased for the past 2 days, about 4 times more than its average volume.

Continue to enjoy your year end holiday.

matrixcool

1,307 posts

Posted by matrixcool > 2013-12-13 12:08 | Report Abuse

Thanks profitMan for Weida analysis, will definitely look into it over the weekend..
I am still on/off internet but this morning i saw Muhibbah issue BUY signal...So maybe will collect some Muhibbah..
I am locking in profits on Supermx (Still Can break the reaction high of $2.85) and Engtex ( Still cant break above $1.72)..
Happy Trading…

Vivi Yap

271 posts

Posted by Vivi Yap > 2013-12-13 22:24 | Report Abuse

matrix can check malton & cliq wa thx

matrixcool

1,307 posts

Posted by matrixcool > 2013-12-14 11:49 | Report Abuse

Sharem,

Sceintex—Stage3 of the cycle unless it could break above $5.94 with volumes.During this distribution stage price can be volatile, forming what look like a “Double Top” (Bearish Pattern) with neckline at $4.55 on the weekly chart (Medium Term). Short term the upward momentum has increased so it is most likely to test immediate resistance of $5.70 and strong resistance at $5.84. Immediate support adjusts to $5.50 and strong support is at $5.39.Exit if $5.38 is violated( 1 bid below $5.39).

Pintaras---For Pintaras can you explain to me on 12/12 why the price drop from $6.20 to $3.08? If it is due to shares split or others exercises my chart cannot adjust accordingly so I really cannot help.

Vivi Yap—I will look at the charts of Malton/Cliq wa maybe tomorrow for you..

Have a wonderful weekend !!

connie

37,452 posts

Posted by connie > 2013-12-15 11:23 | Report Abuse

sawatdee kaa matrix, hope u are enjoying to the fullest in northern thailand :) cool weather is so enticing.

matrix, may i ask if u were looking at the weekly chart when u said stage 3 for scientix ? stage 3 is the peak and thereafter trading sideway. does it mean that scientix has reached the peak at 5.8 and now trading sideway anticipating stage 4 ? thanks yeah :)

sephiroth

14,145 posts

Posted by sephiroth > 2013-12-15 11:25 | Report Abuse

matrix, based on yr earlier TA on L&G, now have broken 2 super resistance 44 and 46, scailling new high everyday, wanna join the fun

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