Posted by matrixcool > 2013-12-15 15:33 | Report Abuse

Vivi Yap,

MALTON—Stage 3 (Distribution stage) of the cycle, price can be volatile. Do trade with caution. From what looks like the Double Top pattern (Bearish implication) with neckline at $0.725 on the weekly chart. RSI & Price forms Bearish Divergence implies weak undertone in the medium term. A break below $0.85 will be the first weakness signal and it is most likely to re test $0.725 support level. Short term trading range is expected to be from $0.85 to $0.94.A break above will face resistance at $0.96 and very strong resistance at $1.01(previous High).

CLIQWA—Not sure what happen to my chart on this counter, it shows no transaction at all for the whole week last week. I really can”t help to read the chart because of no record for the whole week. Is the stock being suspended?

Connie—Sawadee Krap !!You have improved on your TA.. You are right that on the weekly chart, it may have reached its peak at @$5. 94 and now at stage 3 of the cycle ( As I mentioned unless $5.94 is broken with volumes then it may still proceed with stage 2 of its cycle).I am not sure how everyone trade whether short term (Like Me), medium term or long term. I don’t think Long Term investors cared so much about TA as they based on their investment on FA. So I normally give a medium term or short term views. As I always said charts reading is only a guide, the most importing thing in trading is a Plan.( with a plan we know what to do when we are wrong, and many times we are wrong!!)

Sephiroth—Ya L&G is on stage 2 of the cycle and heading for its immediate target of $0.50/$0.51. Well Done you are on a winner again. Congratulation !! Ya, it is worth a look when consolidating, thanks I will put into my watch list.

Have a nice weekend !!

Posted by connie > 2013-12-15 15:44 | Report Abuse

thanks so much matrix. u too have a beautiful sunday :)

Posted by matrixcool > 2013-12-15 19:04 | Report Abuse

16th DEC

1)MUHIBAH—It issued a short term BUY signal when breaks above its downtrend line of $2.35 today ( medium term the downward momentum has slowed sown). I collected some at $2.36, even though it is at stage 3 of the cycle (Distribution stage) and price could be volatile. Please trade with caution and I will lock in profits whenever opportunity arises. 3 white candles for the past 3 days which is bullish it is expected to trade higher to next resistance of $2.48/$2.56, a break above may see it re test previous high of $2.72. Immediate support adjusts to $2.28/$2.25. Exit if $2.23 is violated.

2) PERISAI— Some consolidation is expected for Perisai in near term, trading range most likely to be from $1.48 to $1.57, next resistance is at $1.60. Any weakness towards support offer opportunities to collect for future play as it is expected to trade higher in the medium term. If it breaks $1.60 will try the previous high of $1.70. Stop Loss if $1.42 is violated.

3) TAS— It is trading sideways between $1.08 to $1.15. The upward momentum has increased lately and it is most likely to break above $1.15 with volume (Signal short term BUY, I may scale in more shares) will re test $1.20 and the previous high of $1.26. Immediate support adjusts to $1.08/$1.04. I have increased my Stop Loss level at $0.99 (if violated).

4) TDM— Form another “Doji” during downtrend today indicates indecision (a trend Reversal?), tested immediate resistance of $0.97 but failed to clear it on Friday. 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 cleared all my ENGTEX at $1.71 and SUPERMX average $2.83 to lock in my profits.

I am monitoring MPHBCAP, ENGTEX, SUPERMX, ALAM , WEIDA as suggested by ProfitMan & L&G suggested by sephiroth.

Happy Trading…

Posted by chiam4192 > 2013-12-16 08:27 | Report Abuse

sawatdee kaa,matrix,may you help to evaluate through TA regarding INARI trend
today and these two weeks,tq

Posted by matrixcool > 2013-12-16 10:58 | Report Abuse

Chiam4192, Sawadee Krap ! Phuk Thai Dai krap?

INARI—Stage 2 of the cycle and very bullish in the medium term.The medium term upward momentum has not violated and may try next resistance at $1.75 & beyond if $1.65 is taken out. Some correction is expected as RSI and Price had formed Bearish Divergence since 27/11 implies undertone is weaker than though in near term. Any consolidation will find immediate support at $1.60/$1.58 and strong support at $1.54/$1.47. Any weakness offer buying opportunity for future play. First sign of trouble if $1.40 is broken.

Happy Trading..

Posted by miketyu > 2013-12-16 17:04 | Report Abuse

Dear Matricool,

Today CAP gaped up a little and formed an inverted hammer with volume. Is this a confirmation of bullish breakout? Just dont know if my TA analysis is correct or not. Can you help to evaluate?

Posted by faberlicious > 2013-12-16 17:13 | Report Abuse

Bro Matrix, Sawadee Krap( not crap!).LOL.Good evening.

Posted by matrixcool > 2013-12-16 23:25 | Report Abuse

17th DEC

1)MUHIBAH—Instead of testing the next resistance of $2.48 it is heading back down to the sideways trading range of $2.25--$2.48 (Rectangle Pattern).The weak close of a bearish candle today has slowed down the upward momentum. Unless it could close above $2.35(The BUY signal issued yesterday) to challenge the breakout level of $2.48 it is most likely to re test strong support of $2.25/$2.23. Stop Loss if $2.23 is violated.

2) PERISAI— As suggested it consolidates further with reduced volumes which is healthy. Still trading in the trading range of $1.48 to $1.57.I collected another 50% of shares at $1.51 and may add more on any weakness towards support of $1.48. It is expected to trade higher in the medium term. If it breaks $1.60 will try the previous high of $1.70. Stop Loss if $1.42 is violated.

3) TAS— As suggested it broke above $1.15 with 2X Av volumes which I scale in further 20% of shares, now my average cost has increased to $1.09. 3 White Candles for the past 3 days which is on Bullish Trend, more upward movement and it is expected to test immediate resistance of $1.20 and having immediate TP of $1.26/$1.30. Any consolidation may find support at $1.15/$1.14( Resistance turns support). Strong support is at $1.08/$1.04. I have increased my Stop Loss level to $1.03 (1 bid below $1.04).

4) TDM— Showed more weakness today and rested on the support at $0.94. A break below $0.94 spell more troubles and most likely to head towards the next support at $0.905.Any rebound should find resistance at 40.96/$0.97. Stop Loss at $0.93 if violated (or may clear at any
rebound opportunity to lessen my losses).

I am monitoring MPHBCAP, ENGTEX, ALAM , WTK

P/S Miketyu—CAP, no breakout from CAP, it may have found a new bottom at $0.36 and it is starting a new cycle (Stage 1 accumulation stage),Some accumulation is evident lately and the price is expected to move up steadily in the near term towards strong resistance at $0.45. A break above this level with volumes signal Breakout from round bottom with an immediate TP of $0.54 & beyond, and it also start stage 2 of the cycle and many traders like me will start to chase the stocks too…

Faberlicious can speak Thai too??

Happy Trading…

Posted by Lawrence Lai > 2013-12-17 23:16 | Report Abuse

matrix, Daya moving today with vol like you said before. I'm gonna follow the trend and invest more if it could penetrate 41.

tnanks

Posted by miketyu > 2013-12-17 23:31 | Report Abuse

Lol. Seems it is hard to break resistance

Posted by matrixcool > 2013-12-17 23:58 | Report Abuse

18th DEC

1)MUHIBAH—Consolidate further and still trading inside the rectangle trading range of $2.25--$2.48. The volume has reduced tremendously during consolidation which is a healthy sign. Any rebound should find resistance at $2.37/$2.43. The stock is still on uptrend but the momentum has slowed down, it is most likely to test its next support of $2.28/$2.25. Stop Loss if $2.23 is violated.

2) PERISAI— Still under consolidation inside trading range of $1.48 to $1.57. 3 Black candles for the past 3 days imply Bearish downward sentiment. Any further weakness towards support of $1.48 offer opportunity to accumulate for future play. It is expected to trade higher in the medium term. Any rebound will find immediate resistance at $1.57/$1.60. Stop Loss if $1.42 is violated.

3) TAS— As suggested move higher to test immediate resistance of $1.20 but failed to clear it. It formed a Doji today while moving upward. First sign of indecision and a warning that it may takes a breather to consolidate unless it could break above $1.20 with volume. Any weakness should find immediate support at $1.15/$1.14,Strong support at $1.10. I have raise my Trailing Stop to $1.10( if violated) to protect my capitals. Please note I may also sell into strength to lock in my profits if $1.20 couldn’t be broken soon.

4) TDM— Formed a Gravestone Doji (normally a Bearish sign) but during downtrend may see price reverse upward if $0.94 holds. Any rebound should find resistance at $0.97/$0.99.A break below $0.94 spell more troubles and most likely to head towards the next support at $0.905. Stop Loss at $0.93 if violated (or may clear at any rebound opportunity to lessen my losses).

I am monitoring MPHBCAP (A technical rebound is on the card and $1.70 is holding well), ENGTEX, ALAM , WTK.

Happy Trading !!

Posted by matrixcool > 2013-12-17 23:58 | Report Abuse

18th DEC

1)MUHIBAH—Consolidate further and still trading inside the rectangle trading range of $2.25--$2.48. The volume has reduced tremendously during consolidation which is a healthy sign. Any rebound should find resistance at $2.37/$2.43. The stock is still on uptrend but the momentum has slowed down, it is most likely to test its next support of $2.28/$2.25. Stop Loss if $2.23 is violated.

2) PERISAI— Still under consolidation inside trading range of $1.48 to $1.57. 3 Black candles for the past 3 days imply Bearish downward sentiment. Any further weakness towards support of $1.48 offer opportunity to accumulate for future play. It is expected to trade higher in the medium term. Any rebound will find immediate resistance at $1.57/$1.60. Stop Loss if $1.42 is violated.

3) TAS— As suggested move higher to test immediate resistance of $1.20 but failed to clear it. It formed a Doji today while moving upward. First sign of indecision and a warning that it may takes a breather to consolidate unless it could break above $1.20 with volume. Any weakness should find immediate support at $1.15/$1.14,Strong support at $1.10. I have raise my Trailing Stop to $1.10( if violated) to protect my capitals. Please note I may also sell into strength to lock in my profits if $1.20 couldn’t be broken soon.

4) TDM— Formed a Gravestone Doji (normally a Bearish sign) but during downtrend may see price reverse upward if $0.94 holds. Any rebound should find resistance at $0.97/$0.99.A break below $0.94 spell more troubles and most likely to head towards the next support at $0.905. Stop Loss at $0.93 if violated (or may clear at any rebound opportunity to lessen my losses).

I am monitoring MPHBCAP (A technical rebound is on the card and $1.70 is holding well), ENGTEX, ALAM , WTK.

Happy Trading !!

Posted by matrixcool > 2013-12-18 22:19 | Report Abuse

19th DEC

1)MUHIBAH—As suggested consolidated further with reduced volumes and tested immediate support of $2.28. It forms a Doji today meaning indecision, is the price about to reverse? Expect some rebound soon if $2.31 is taken out it is expected to move upward to $2.37/$2.40 levels.( Still inside the Rectangle trading of $2.25 to $2.48). I may clear the stock at any rebound to protect my capitals. Stop Loss if $2.23 is violated.

2) PERISAI— Still under consolidation in the trading range of $1.48 to $1.57. 4 Black candles for the past 4 days imply Bearish downward sentiment. Any further weakness towards support of $1.48 offer opportunity to accumulate for future play as the uptrend is still intact. It is expected to trade higher in the medium term. Any rebound will find immediate resistance at $1.57/$1.60. I have increased my Stop Loss if $1.45 is violated.

3) TAS— As suggested the Doji formed yesterday is shadowing the upward movement of TAS in the short term. Unless this Doji at $1.20 is taken out it may consolidate sideways towards immediate support at $1.15/$1.14, Strong support at $1.10.If break above $1.20 will find strong resistance at $1.26( previous high). I have raised my Trailing Stop to $1.10 ( if violated) to protect my capitals. Please note I may also sell into strength to lock in my profits if $1.20 couldn’t be broken soon.

4) TDM— Briefly broke the immediate support of $0.94, another sign of warning that it may actually head southward if $0.94 fail to hold. Downward momentum has slowed down and any rebound should find resistance at $0.97/$0.99.A break below $0.94 spell more troubles and most likely to head towards the next support at $0.905. Stop Loss at $0.93 if violated (or may clear at any rebound opportunity to lessen my losses).

I am monitoring MPHBCAP (Support of $1.70 is holding well), SUCCESS (Further consolidation offer buying opportunity),ENGTEX ( May re enter if can break above $1.71)

Happy Trading !!

Posted by matrixcool > 2013-12-19 22:09 | Report Abuse

20th DEC

1)MUHIBAH—Still trap inside Rectangle trading range of $2.25 to $2.48. 4 black candles past 4 days imply bearish sentiment may test $2.25/$2.23. Any rebound will find immediate resistance at $2.34/$2.37. I may clear the stock at any rebound to protect my capitals. Stop Loss if $2.23 is violated.

2) PERISAI— Still under consolidation in the trading range of $1.48 to $1.57. 5 Black candles for the past 5 days imply Bearish downward
sentiment. Any further weakness towards support of $1.48 offer opportunity to accumulate for future play as the uptrend is still intact. It is expected to trade higher in the medium term. Any rebound will find immediate resistance at $1.57/$1.60. I have increased my Stop Loss if $1.45 is violated.

3) TAS— As suggested the Doji formed 2 days ago is shadowing the upward movement of TAS in the short term & it also tested the support of $1.15/$1.14 today. The upward momentum has slowed down so more consolidation can be expected.Strong support is at $1.10, any rebound will find resistance at $1.20 and strong resistance at $1.26( previous high). As the counter is still on uptrend in the medium term I have reduced my Trailing Stop to $1.04 ( if violatedd) to give it more rooms to maneuver.

4) TDM— The immediate support of $0.94 holds which is a good sign,as suggested the downward momentum has slowed down so more rebound could be expected to $0.97/$0.99. A break below $0.94 spell more troubles and most likely to head towards the next support at $0.905. Stop Loss at $0.93 if violated (or may clear at any rebound opportunity to lessen my losses).

I will be away and prepare for my weekend Marathon in Chiangmai, might not be able to update. Will be flying home for Xmas after the run, would like to wish everyone Merry Xmas !!

Posted by ooi1955 > 2013-12-19 23:27 | Report Abuse

Merry Xmas to you & family,Matrix.
Have a good run but run within your limit.
Take good care of your knee.

Posted by ProfitMan > 2013-12-20 00:22 | Report Abuse

Merry Christmas to you and yr family too, Matrix. Enjoy yr run.

Posted by matrixcool > 2013-12-20 10:02 | Report Abuse

ooi1955 fitman..thanks and Merry Xmas to you and family..
Enjoy the festive season with your love ones and appreciate those that help us...
2013 has been good and kind to us in the stock market.
Cheers !!

Posted by faberlicious > 2013-12-24 20:58 | Report Abuse

Bro Matrix,wishing you and family a blessed Christmas,happy new year,peace and prosperity.

Posted by CityTrader > 2013-12-24 22:06 | Report Abuse

Hi matrixcool, merry xmas to u n family.

Posted by sharem > 2013-12-24 22:34 | Report Abuse

Hi Matrixcool, wishing you and family a Merry Christmas and thank you for your analysis on my stocks. 2013 has come to an end and I have profited from the stock market. Hopefully 2014 will be a better year. Hope you will continue to analyse stocks for investor benefit. Thanking you so much.

Posted by bbinvest > 2013-12-24 22:52 | Report Abuse

Hi matrixcool, here's wishing you and family a blessed Christmas and a great year ahead.

Posted by twobits > 2013-12-24 23:47 | Report Abuse

MC: Have a joyful Xmas!

Posted by 1n1792 > 2013-12-26 10:38 | Report Abuse

Matrix
I am a newbie to your blog. But have been trading shares for quite a while. Am a newbie at 932kaki as well.
The counters you write up are counters you are watching/hold.? Notice you have very good write ups. Do you write up on only fundamentally sound sticks?
Hope I am not imposing too much with my question.

Posted by matrixcool > 2013-12-26 11:28 | Report Abuse

1n1792, welcome to this thread. Oh Ya, Merry Xmas to all my friends..

I just got back from my year end holiday.. Didn't have time to look at any chart yet. Still in holiday mood.
I am a Short term traders as I use daily candlestick for my chart analysis, candlestick may be able to tell a stock is moving up/down but I have no idea how long it will go up and how high it can move. So I may sell a stock say the signal reverse to lock in profits or protect my capitals.

I am holding these 4 stocks at the moment:
Muhibah, Perisai, TAS and TDM…Most probably will carry forward to 2014.
Next year I may change my thread format more towards sharing TA knowledge and my trading experiences than daily analysis of the stocks I am watching.

I am not an FA but if you have any stocks you might like to know about their movement maybe I can help to analyze for you.

Happy Trading…

Posted by sephiroth > 2013-12-26 11:33 | Report Abuse

matrix, welcome back to malaysia, merry xmas and have a superb exciting trading new yr and cny. just to highlight to u most wood stocks(homeritz,hevea,eksons,pohuat) are heading north

Posted by Jvei > 2013-12-26 11:42 | Report Abuse

Welcome back Mr.Matrix.
Plantations is having good prospects i believe so, any inputs on CBIP?

Posted by matrixcool > 2013-12-26 11:46 | Report Abuse

sephiroth, you are spot on again..look like big ang pau for you this CNY from the stock market.

Thanks for highlighting homeritz,hevea,eksons,pohuat to me.. i will put into my watch list and may be do a technical study later. Tonight kind of busy because my team MU is playing..

Anyway 2013 has been kind to me and i am happy for the $$$ i made in the stock market til now. The satisfaction is about the same when i crossed the finishing line of Chiangmai Marathon. There were pains, joys but the satisfaction is great !

Happy Trading..

Posted by Stockwatch > 2013-12-26 11:47 | Report Abuse

Happy new year to you.
Looking forward to your new thread format and listen to your views
and experiences.Next year will be even more volatile year I presume for
trading as 2 sectors are difficult to trade ie. property due to regulations in place and palm oil sector at best would be neutral in the first half.Oil and gas would be momentum driven as valuations are expensive and not noted for kind dividends.

Posted by matrixcool > 2013-12-26 12:00 | Report Abuse

Tq stockwatch..Happy 2014 to you and family too.

You are so right on the analysis of stock market for 2014, property stock i had cleared all after the budget this year.

It will be a tough environment for us traders to choose winners next year,the plan is to lose little and rides on gains..

Happy Trading...

Posted by matrixcool > 2013-12-26 12:17 | Report Abuse

jevi, i will look at the chart of CBIP for you later.
Thanks for highlighting.

Happy Trading..

Posted by matrixcool > 2013-12-26 14:30 | Report Abuse

Jevi,

CBIP—Very Bullish and it is an uptrend counter (Higher high and higher low). Broke out from the round bottom on 14/11/2013 with volumes and has an immediate target of $3.38/$3.43. Short term it is under sideways consolidation after hitting high of $3.28 on 11/12, expected trading range of $3.16 to $3.26. This is an ambiguous period as the price can move either way but based on downward momentum has slowed down lately it is more likely to move higher. A break above $3.28 signal more upward movement whereas a break below $3.16 means more downward consolidation could be expected.

Happy Trading..

Posted by Jvei > 2013-12-26 23:13 | Report Abuse

Thanks mr.matrixcool. I will accumulate soon. Thanks again.

Posted by matrixcool > 2013-12-26 23:40 | Report Abuse

27th DEC

1) MUHIBAH—narrow trading range of $2.26 to $2.34 in the near term. Still on sideways movement, but the upward momentum has increased imply maybe more rebounds could be expected in the near term. Any rebound will find resistances at $2.37/$2.43. Breakout level is at
$2.48. Stop Loss if $2.23 is violated.

2) PERISAI— Still under consolidation in the trading range of $1.48 to $1.57. Long term uptrend is very much intact.The support of $1.50 seems to be holding firm, it is expected to test its immediate resistance at $1.57. A break above with volume signal consolidation is over and it should scale higher to its strong resistance of $1.65 and immediate TP of $1.70 (Previous High). I have increased my Stop Loss if $1.48 is violated.

3) TAS— As suggested the Doji formed on 17/12 at $1.20 is shadowing the upward movement of TAS in the short term. Unless $1.20 is taken out it is expected to trade between $1.10 to $1.20. A break above $1.20 with volumes will take it to $1.26(Previous High) and beyond. Stop Loss if $1.04 is violated.

4) TDM— Narrow trading range of $0.94 to $0.96.The upward momentum has increased so it is most likely to re-test $0.97/$0.99 level. A break below $0.94 spell more troubles and most likely to head towards the next support at $0.905. Stop Loss if $0.905 is violated.

I am monitoring FITTER ( Support of $0.72 holds firm).

Happy Trading…

Posted by matrixcool > 2013-12-29 17:30 | Report Abuse

Note : My New Format for 2014 of the stocks I trade : (I could not put it into a Table Form as the limitation on the forum column).
Example:

MUHIBBAH— Av Price=$2.35( Closing=$2.35, P&L=0%), Trailing Stop=$2.23. Risk=5%. Tp1=$2.48, TP 2=? (Trading Range $2.26 to $2.48.)

Av Price-- price i bought in and it will be adjusted if i scale in.
Closing -- today closing price.
P&L -- Paper Profit and Loss.
Trailing Stop-The cut loss or protect profit levels. It will be adjusted accordingly.
Risk-The stop loss percentage if the trade moved against me.
TP1 &TP2--Target Price. For example no point to set a TP2 unless MUHUBAH break above $2.48.
Trading Range--For example if the stock stays inside the trading range I will not update that stock.

Once I simplified the stocks I traded I intend to use the other space to discuss with everyone here on my trading experiences including mistakes , TA etc..

Happy Trading !!

Posted by connie > 2013-12-29 21:40 | Report Abuse

Hi Matrix, may I wish you a belated xmas. Looking forward to your revamped format :)

Posted by matrixcool > 2013-12-30 00:14 | Report Abuse

Tq Connie...I feel it is no much point to talk about the stocks i am trading especially the stocks are trading sideways.. Merry Xmas to you too. Hope 2014 will be an wonderful year for you...

30th DEC

1) MUHIBAH— As suggested rebounded further but failed to clear $2.37/$2.43. It is expected to move higher to $2.37/$2.43. Very strong resistance is at $2.48 (Also the breakout level from the Rectangle Trading). Any weakness will find support at $2.26/$2.23. Stop Loss if $2.23 is violated.

2) PERISAI—Short and Midterm uptrend is very much intact. The support of $1.50 seems to be holding firm, it is expected to test its immediate resistance at $1.57. A break above with volume signal consolidation is over and it should scale higher to its strong resistance of $1.65 and immediate TP of $1.70 (Previous High). I have increased my Stop Loss if $1.48 is violated.

3) TAS— As suggested the Doji formed on 17/12 at $1.20 is shadowing the upward movement of TAS in the short term. Unless $1.20 is taken out it is expected to trade between $1.10 to $1.20. A break above $1.20 with volumes will take it to $1.26(Previous High) and beyond. Stop Loss if $1.04 is violated.

4) TDM— Narrow trading range of $0.94 to $0.96.The upward momentum has increased so it is most likely to re-test $0.97/$0.99 level. A break below $0.94 spell more troubles and most likely to head towards the next support at $0.905. Stop Loss if $0.905 is violated.
I am monitoring :

a) SUPERMX—Most likely to break out from the Ascending Triangle. May start to collect.
b) FITTERS--Breakout from $0.77 today with volumes. It has an estimated TP of $0.86.Any weakness towards immediate supports of $0.77/$0.76 offer opportunity to collect for future play. A break above $0.80 will take it to $0.86 and beyond.
c) PERDANA---Steady upward movement after breaking out from $1.50 two days ago.
d)GHLSYS—May Offer Short Term trade based on Technical Rebounds.

Happy Trading…

Posted by ProfitMan > 2013-12-30 10:41 | Report Abuse

Matrix, good to have you back. TAS seems to be losing momentum and moving side way. Looks to me to be trading with a Price/RSI divergence also. Based on a conservative estimation, its current intrinsic value is 1.78 giving a trading margin of safety of about 36%.

In the meantime. I think it will be very range bound unless a very bullish market sentiment turns up after the New Year.

Posted by matrixcool > 2013-12-30 11:25 | Report Abuse

ProfitMan, you are right in your analysis of TAS but the uptrend is intact, Sideway movement of $1.10 to $1.20 at the moment, I am comfortable as long as $1.10 stays. If need to break $1.20 ( The Doji formed earlier) to carry on its upward movement.

i bought in some Perdana and GHYSys this morning..

Happy trading…

Posted by sephiroth > 2013-12-30 11:28 | Report Abuse

matrix, amprop is uptrending and gonna break prev 52 week high 0.915 soon enough

Posted by matrixcool > 2013-12-30 11:38 | Report Abuse

Thanks Sephiroth, I will look into it and put it under my watch list..

Happy Trading..

Posted by matrixcool > 2013-12-30 23:49 | Report Abuse

31st DEC

1) MUHIBAH— Formed a “Doji” today indicates indecision.The upward momentum is intact,it is expected to move higher to $2.37/$2.43. Very strong resistance is at $2.48 (Also the breakout level of the Rectangle Trading). Any weakness will find support at $2.26/$2.23. Stop Loss if $2.23 is violated.

2) PERISAI— Short and Mid Term uptrend is very much intact. 3 white candles for the past 3 days imply upward pattern is bullish It is expected to test its immediate resistance at $1.57. A break above with volume signal consolidation is over and it should scale higher to its strong resistance of $1.65 and immediate TP of $1.70 (Previous High). Immediate support adjusts to $1.50.I have increased my Stop Loss if $1.48 is violated.

3)TAS— Sideways movement of the trading range of $1.10 to $1.20. The upward momentum has increased it may re test the “Doji” formed on 17/12 at $1.20. A break above will take it to its Previous High of $1.26 and beyond. Stop Loss if $1.04 is violated.

4) TDM—4 white candles for the past 4 days, it is most likely to breakout from the narrow trading range of $0.94 to $0.96 soon. A break above will take it to next resistance at $0.97/$0.99 level with immediate TP at $1.03/$1.05. The immediate support of $0.94 is holding well so I have raised my Stop Loss level from $0.905 to $0.935 (if violated).

Today I collected some GHYSYS (May has found a new bottom at $0.665) and PERDANA (Breakout from $1.50 a few days ago), will scale in GHYSYS if break above $0.735 for short term trade.

As I am holding 6 stocks now so won't be monitored anymore stocks and may need to carry forwards these 6 stocks to 2014.

Happy Trading…

Posted by connie > 2013-12-31 07:21 | Report Abuse

good morning matrix...i forgot to wish u merry xmas :( this time won't forget. have a ROARING NEW YEAR matrix. here is a cool song for matrixcool...hope u like it :)
http://www.youtube.com/watch?v=MwyXnft6ZVk

Posted by matrixcool > 2013-12-31 10:13 | Report Abuse

Thanks Connie, Scorpion used to be one of my Fav bands while i studied in UK..I watched their concerts few times too.
I still listen to their songs while running long distance..Cheer me up !! You too have an wonderful 2014 ( Hopefully stock market will be kind to us like 2013)..Tonight 20 of us v have a gathering New year Eve dinner..

Happy Trading !!

Posted by ProfitMan > 2013-12-31 12:17 | Report Abuse

Matrix, since I have a bit of time now, I better wish you first.

Happy 2014 New Year. May the New Year brings you Great Health and Abundant Wealth especially from the share market!

Enjoy your dinner tonight.

Posted by matrixcool > 2013-12-31 15:52 | Report Abuse

Thanks ProfitMan, Happy New Year to you & Family too..
2013 has Happy Ending with PERISAI break above $1.57 today..

See you in 2014..

Posted by faberlicious > 2013-12-31 16:18 | Report Abuse

Bro Matrix,happy new year.This one for u and all here.Enjoy.My fav new year song.

http://www.youtube.com/watch?v=b7Gbb2bTWAc

Posted by matrixcool > 2013-12-31 16:30 | Report Abuse

Thanks Bro faberlicious, Happy New Year !!

Ya, always enjoy U2 especially the songs 'I still haven"t found what i am looking For"..

Happy Trading !!

Posted by ooi1955 > 2014-01-01 00:29 | Report Abuse

A very very Happy New Year to you & your family , dear Matrix.
Hope you make abundance from bursa for all you kind deeds here.
Thank you for sharing so willingly & generously ! : )

Posted by tiongms > 2014-01-01 10:40 | Report Abuse

Dear Matrix may the New Year bring you good health,prosperity and successes.

Posted by Metta > 2014-01-01 20:11 | Report Abuse

Hi Bro Matrix

Been awhile since I last touch base. Juz got back from my Pilgrimage . Time really flies . Yesterday, last year gone like dust in the wind. Today 01.01.2014 is a new beginning. This reminds us tat all things r impermanent in nature.!

It is indeed wonderful to be able to usher in a brand new year with family n friends.

Here wishing u Bro Matrix n family n all my e-friends in i3investors

A very Blessed New Year fill with Abundance of Love n Laughter , Good Health n Happiness . May it brings loads of Great Things your way......oops ...n to make loads of RM RM RM from Bursa.

Happy New Year 2014