Posted by Rambotan > 2013-09-07 22:49 | Report Abuse

So what does this mean......? The business of recycle and usage for old rubber or to be specific prosessed rubber will affect the rubber industries and its related end product manufacturer.........

Posted by penunggu > 2013-09-07 22:52 | Report Abuse

hahaha, I'm aware of the vulcanization process.....but de-vulcanization ? I guess it gonna consume a lot of energy to break the strong molecular bonding

aiyo, you are so outdated la, nowadays got rubber tapper tapping rubber in the evening la....coz someone of them afraid of my appearance mah

Posted by penunggu > 2013-09-07 22:54 | Report Abuse

Some of them... Sorry, stupid auto correct by iPad ....

Posted by Rambotan > 2013-09-07 22:58 | Report Abuse

Ok lah u the BIG bad wolf.......now Indian movies gotto be film in the morning........

De-vulcanization is just breaking the bonding using a process and chemical .....no need a lot of energy......same as many discovery in 21 st century ..........by using more brains than muscle these days.....

Posted by penunggu > 2013-09-07 23:02 | Report Abuse

wah, if really like that, going to fell down my rubber trees & replanting it with palm oil

Posted by Rambotan > 2013-09-07 23:03 | Report Abuse

Tyre lah bro......those like glove has no value as they are traded product.......

Posted by matrixcool > 2013-09-08 14:23 | Report Abuse

Sis Metta,

My reading of your YLI Chart:

YLI broke down from its ascending line on 22/08 after hitting high of $0.77. It may had found its new bottom at $0.525.
YLI issued a BUY signal on 30/08 and went to the high of $0.725 (which was its earlier ascending line turned resistance). A “Spinning Top” was formed on that day indicated it might not be able to clear and stay above its previous ascending line. Last Friday it formed a “Hanging Man” indicated more downward pressure are expected in near term. The first sign of weakness will be if it break below $0.61 then it is most likely to test its next support of $0.57/$0.56.
Unless it can break and stay above its previous ascending line, it is most likely to consolidates further.
Hope this helps.

Happy Trading….

Posted by matrixcool > 2013-09-08 23:44 | Report Abuse

9th Sept
1) E&O— Formed a Grave Stone Doji today. Unless it can move and close above $2.00, E&O is most likely to carry on its Sideway movement, will limit losses if $1.90 is violated.
2) RUBBEREX— Friday formed a bearish candle and it is expected to test immediate support at $0.785. If break below will take it to the next support at $0.75.
Unless it can cleared & stay above $0.83 the stock is expected to consolidate further. (Will clear at any rebounds )

Cleared all my Puncak & Supermx on Friday, may re enter these 2 counters when their consolidation is over.

I am monitoring these few counters for possible short term trades:
1) ALAM— Still trap inside the downtrend channel, will only consider if it can break out from the channel.
2) SALCON—Salcon broke down from the uptrend channel on 27/08 and may have found new bottom at $0.59. It had tried twice to move back up to the ascending line but failed on both occasions.
If can move up & stay above $0.66, Salcon is expected to resume trading in the uptrend channel.
3) Gtronic--- Gtronic is back on my radar, if break above $2.66 may take it back to $2.75 & $2.83 levels. Immediate support is adjusted to $2.56 level.

HAPPY TRADING…….

Posted by matrixcool > 2013-09-09 23:40 | Report Abuse

10th Sept

1) E&O— Formed Grave Stone Doji yesterday and issue a BUY signal when it broke above $1.95. E&O is expected to rebound further to test its immediate resistance at $2.00. If break above $2.00 E&O may try the $2.10 level. Immediate support is adjusted to $1.93.
2) Gtronic—Bought in Grtronic when it moves above $2.66. If it can break above $2.75 Gtronic is expected to close the fallen gap formed on 20/08 at $2.81-$2.83. Immediate support is adjusted to $2.60.

I sold Rubberex at an average price of $0.805 today.

I am monitoring these few counters for possible short term trades:

1) GOB—back into my radar, if break $0.785 may scale higher.
2) KPS—it broke out from the “Inverted Head and Shoulder” pattern on 04/09. Now it is testing its support level of $2.10. As long as this level holds KPS is expected to trade higher.
3) SALCON—Salcon had tried 3x to move back up to the ascending line but failed on three occasions.
If can move up & stay above $0.66, Salcon is expected to resume trading in the uptrend channel.



HAPPY TRADING…….

Posted by Metta > 2013-09-10 00:47 | Report Abuse

Hi Bro Matrix

Hv been very bz last few days. ..

Thanx for your chart analysis on YLI. M monitoring . Tot of buying as its another Water related ctr.

I miss out on Puncak on both occasion above RM3.00 to offload.....sigh. Was to bz. Keeping my fingers cross it can go move north 2molo.

Missed opportunity to buy KPS at 1.94 level....sigh. Dint chase.

Yup m keeping an eye on KPS n GOB...As for E&O m stil holding my old stks...hope it can go higher tis time round.

Rgds

Posted by choolooi > 2013-09-10 08:01 | Report Abuse

Thanks for your updates. I had off load Rubberex at 0.81 sen .
I didn't buy anything yesterday... Just waiting to offload other stocks .

Happy Trading

Posted by htyeap125 > 2013-09-10 09:13 | Report Abuse

I oso unload my rubberex at 0.81. GOB 's volume is coming in. Hmm.....Wonder shd i buy at 0.79

Posted by choolooi > 2013-09-10 15:12 | Report Abuse

Bro Matrixcool, I just off loaded my last batch of Rubberex at 0.825. I made some $$$.
Just want to let you know as you have been so kind in letting me know when to cut loss.

Posted by matrixcool > 2013-09-10 18:33 | Report Abuse

Sis Metta, it is OK to miss some stocks sometime, market is always on..

Sis choolooi, we are here (In the Forum) to help each other, just remember to have an exit plan when you enter a trade. Everyday if we do our home works we "may be" able to locate some winners, if we are wrong then just admit the mistake and take the losses. Move on...

Hope both of you & htyeap125 bought some 'Salcon" when it was at $0.66 today...

HAPPY TRADING...

Posted by matrixcool > 2013-09-10 23:11 | Report Abuse

11th Sept

1) E&O— As suggested it tested the resistance of $2.00 but sadly couldn’t break and stay above, formed a “Doji” today, unless it can break and stay above $2.00 to test $2.10, E&O is most likely to head back down to its immediate support level of $1.96/$1.90.
2) Gtronic— Gtronic is yet to close above $2.75 convincingly today, formed a “Spinning Top” today indicates some weakness.
if Gtronic manage to stay above $2.75 it is expected to try to close the fallen gap formed on 20/08 at $2.81-$2.83. Immediate support is adjusted to $2.72 and if fail next support is at $2.65. (Any weakness towards support may be good time to accumulate).
3) SALCON---Bought in Salcon today when move and stay above $0.66. (It has failed on 3 occasions to do so). Salcon is back on the uptrend channels and a break above $0.69 will take it to $0.71 & $0.745 levels.
Immediate support is adjusted to $0.66 which is also my tail stop loss level.

I am monitoring these few counters for possible short term trades:

1) GOB— It closes above $0.785 but formed a “Doji” today and volumes is not convincing to take any position yet.
2) KPS—it broke out from the “Inverted Head and Shoulder” pattern on 04/09. Still monitoring as KPS is still under consolidation.
3) ALAM—Back to my radar, Alam is expected to breakout from the downtrend channel above $1.47(Signal BUY), should take it back to $1.57/$1.62 Level.
4) PERDANA—Breakout from Downtrend Channel today. Most likely to try $1.90/$1.96 level soon .Any consolidation towards support of $1.80 is good to accumulate for future play.
5) PRESBHD---Try to break out from the Downtrend Channel today but lacks of volumes. If $1.98 stays it is expected to scale higher to $2.06/$2.14 levels.

HAPPY TRADING….

Posted by htyeap125 > 2013-09-10 23:49 | Report Abuse

Bro Matrix, is there a system or something like where we can identify counters which is about to breakout from its resistance? As there are more than 1,000 counters, i wonder how u identify them. I hope i can oso contribute positively here instead of only depending on your posting n help us. Big TQ to u, bro matirx for all the sharings

Posted by matrixcool > 2013-09-11 17:40 | Report Abuse

Bro htyeap125 ,
If you do technical analysis like me then maybe you can invest into some softwares, as long as you can input your parameters and scan the stocks according to your criteria then you can identify those stocks too.( First you need to be technical sound as there are plenty whipsaws and traps).
If you do not have any softwares then maybe you can look at counters with top volumes/Gains from KLSE.Choose and narrow them down to those stocks you r interested.
For me it is always mid-cap companies,some like blue chips and some like penny stocks, everyone is differences.
HAPPY TRADING...

Posted by wtclau > 2013-09-11 18:38 | Report Abuse

Mstrixcool, may I know what type of softwares are you referring to? Thanks.

Posted by lwalk > 2013-09-11 18:38 | Report Abuse

matrix, glad to see you are still holding e&o...

Posted by choolooi > 2013-09-11 20:50 | Report Abuse

Bro Matrixcool , I did not buy any Salcon or did any trading except buy Pintaras as once all processes are completed ,the $$$ will come when it is near the ex-date of the bonus issue.
I am still doubtful of the present market situation...I hope you prosper as you certainly put in so much effort to give us the info of the stocks in your radar.
Much appreciated.

I would be reading your "discoveries" though I don't take action .

Happy trading

Posted by matrixcool > 2013-09-11 21:01 | Report Abuse

wtclau, i am using Metastock. I had used this software for many years and i actually lose lots of $$$ because of my trading methods. Now i know the most important thing in trading is "managed your Risk". Now i am doing well after i put emotion out of my trading. I will sut my losses when it hit my limit without second thought and of course many times that stock did went higher, i move on for the next stock.
lwalk, remember when we talked about E&O it hasnt broken out of the Triangle yet, when it broke out on 12/08 and moved to $2.27 i sold mine at an average cost of $2.23 then bought back at $2.00. I had not sold them because the "Cut Loss" level of $1.90 wasnt broken since then, i added more when it formed Gravestone Doji and move above $1.95, now my average cost is $1.98...

Happy Trading...

Posted by jennylee1382 > 2013-09-11 21:15 | Report Abuse

hey matrixcool
i'm a newbie, how am i know i hv entitle the bonus issue ( talking abt scable)

Posted by indexnoobie123 > 2013-09-11 21:16 | Report Abuse

guys 1 stupid question - do i have to get the mother share only can buy the -wa share?

Posted by iafx > 2013-09-11 21:21 | Report Abuse

no, but u do need to be awared of WA expired date all time

Posted by Metta > 2013-09-11 21:35 | Report Abuse

Hi Bro Matrix

Ur daily update sure is very useful. M using it as a guide n monitoring KPS, Alam n GOB.
Was tempted to buy KPS but put on hold in view of the many uncertainties. Bro Matrix bot any stks 2day ?

Know wat some of the term used for charting send chills to my spine..... Hanging man, gravestone etc..

Rgds.

Posted by Metta > 2013-09-11 21:37 | Report Abuse

Hi Iwalk, notice Bro Pat has been missing in action these few days ! Has he "migrated" ....u know wat I mean..ya

Posted by lwalk > 2013-09-11 21:41 | Report Abuse

think he's given up on the mails coz no one trades actively or responds haha. he's still in this forum on some threads like scable and maybank. off and on he's here and there

Posted by Metta > 2013-09-11 21:49 | Report Abuse

Ya..can't be active when bz at work. Stil holding Tropic ? Like u m heavily invested into it. Given up on averaging... Juz rcvd notification on d dividen...some consolation

Sori Bro Matrix , using ur thread to chat Iwalk.

Posted by jennylee1382 > 2013-09-11 22:23 | Report Abuse

bro matrix can you post the stocks chart

Posted by matrixcool > 2013-09-11 22:25 | Report Abuse

jennylee1382--If you hold Scable til 10th Sept you are entitled for the Bonus Shares by 12th Sept.( You can sell them from 10th Sept because the Bonus Shares will be credited to you account on 12th sept).

Thanks iafx on clarification about the WA.

Sis Metta i bought in some PERDANA today at $1.81. It has broken out from the Downtrend Channel so any consolidation maybe good time to accumulate.(My opinion only).

Bro lwalk , u still has E&O ?

HAPPY TRADING>>>

Posted by matrixcool > 2013-09-11 23:20 | Report Abuse

12th Sept

1) E&O—E&O managed to stay above $2.00 and closed at $2.04 with increased volumes today. It has cautiously turns bullish and is expected to move higher to try the next resistance at $2.10. Immediate support is adjusted to $2.00.(Also my Trailing Stop level to protect my capitals).

2) Gtronic— Gtronic confirmed the weakness of “Spinning Top” formed yesterday. Today formed a Bearish Engulfing candle which is bearish reversal sign.
Immediate support is adjusted to $2.65 which is also my cut losses level.
(If break below will definitely going down to $2.55/$2.50 level).

3) SALCON---Gap up from $0.69 today (Rising window) & move to high of $0.715 before profit taking coming in to close at $0.695.
Immediate support is adjusted to $0.69 which is also my Trailing Stop level to protect my profits. If Salcon can stay above $0.69 it is most likely to test its previous high of $0.745.

4) PERDANA—Bought in PERDANA at $1.81 today, any further consolidation may find support at $1.80/$1.78. PERDANA broke out from the downtrend channel yesterday and it is expected to try next resistance at $1.92/$1.96.

I am monitoring these few counters for possible short term trades:
1) KPS—it broke out from the “Inverted Head and Shoulder” pattern on 04/09. Any weakness towards supports at $2.14/$2.10 maybe times to collect for future play. Strong resistance is at $2.27.

2) ALAM—Fail to break out from the Downtrend Channel when it couldn’t cleared $1.47 today to generate the BUY signal.
Formed an Engulfing Bear today, could this be the last Engulfing Bottom? If next candle close above $1.40(Buy),ALAM could be on the recovery road to break the Downtrend Channel soon.


HAPPY TRADING….

Posted by chengyee > 2013-09-11 23:26 | Report Abuse

Can you put digista onthe radar? Thanks.

Posted by pathew > 2013-09-11 23:32 | Report Abuse

Nice info bro matrix... Didn't know you we're doing this on a daily basis... Must say its really well planned!

How about gunung? My next stock I'm eyeing... Any comments are welcome

Posted by htyeap125 > 2013-09-12 00:03 | Report Abuse

Gunung has run out steam after touching a high of 1.10. Dark cloud cover appeared on 19 Aug. It is now trading way below its MA 20. Failure to hold up at 0.75 support level will bring the stock down to 0.69

Bro matrix, pls correct me as I am taking this opportunity to learn

Posted by choolooi > 2013-09-12 05:26 | Report Abuse

Good morning to all in this thread.

@ Pathew
Yes bro Matrixcool is sure one cool guy.
He shares his picks and more important, is the reminder when to cut loss.
Thus showing his caring and responsible nature, although to buy or not to buy is our own choice.
Also he tells what he has bot and at what price so that readers and novices can have a guide .
I am very happy I happen to come into his thread a few days ago.

Bro htyeap125, I see you are a budding chartist...good for you....

Posted by lwalk > 2013-09-12 10:35 | Report Abuse

Matrix, just sold off E&O this morning, may buy back again if drop back to 2..

Posted by matrixcool > 2013-09-12 14:13 | Report Abuse

Hi chengyee, will look into your Digista this weekend for you.
Bro pathew , i think Bro htyeap125 technical is very sound, hope you noted his comments on Gunung, still i will look into it for you this weekend.
Sis choolooi , you are right that the stocks i mentioned when i indicates Buy mean i will take positions not a signal for anyone to buy, please do your homeworks & have a Exit plan before you enter a trade. Like everyone else i also make mistakes.
lwalk , happy you have sold your E&O because selling is always the most difficult part of trading. I am still holding may off load 30% if $2.10 is not broken.

Posted by matrixcool > 2013-09-12 23:21 | Report Abuse

13th Sept
1) E&O—E&O could not reach $2.10 and formed another “Doji” at top today indicates weakness. Unless it can move above $2.07, a break below $2.04,(Also my new Trailing Stop level to protect my profits and capitals)will bring it back to $2.00 /$1.90 level.

2) SALCON--- Salcon closed the gap formed yesterday at $0.69. It is now sitting on the immediate support of $0.69 which is also my Trailing Stop level to protect my profits. If Salcon can stay above $0.69 it is most likely to test its previous high of $0.745.

3) PRESBHD—Bought PRESBHD at $2.00 today after support of $1.98 stays. If break above $2.03 it is expected to test $2.10/$2.16. Will limit my losses if 1.90 is violated.

4) PUNCAK—Bought in Puncak when it stays above $3.00 today. Immediate resistance is at $3.10 if break will try $3.20 level. Immediate support is adjusted to $2.99 and will cut losses if $2.88 is violated.

5) PERDANA—Form a “Doji” today while consolidating, any further consolidation may find support at $1.80/$1.78. PERDANA broke out from the downtrend channel 2 days ago and it is expected to try next resistance at $1.92/$1.97.

Gtronic---Sold today to protect my capitals because not comfortable with the Engulfing Bear formed at top yesterday.
I am monitoring these few counters for possible short term trades:
1) KPS—it broke out from the “Inverted Head and Shoulder” pattern on 04/09. Form a “Doji” today so may consolidate towards supports at $2.14/$2.10. As long as $2.06 is not broken KPS should scale higher and strong resistance is at $2.27.
2) INARI—After hitting top of $0.985 the consolidation looks over for Inari. Today breakout from the Downtrend channel it is expected to scale higher to test immediate resistance at $0.92. ( Will buy on any weakness).
3) ALAM—Yesterday Engulfing Bear could be the last Engulfing Bottom as ALAM closed above $1.40 today and with an “Upper Black Shadow” candle. The pivot point for ALAM to breakout is getting lower, a break above $1.47 with volumes signals ALAM is on the recovery road to break above the Downtrend Channel soon. (Shall start to collect if $1.40 is not broken).


HAPPY TRADING….

Posted by htyeap125 > 2013-09-12 23:34 | Report Abuse

Hi Bro matrix, how do u interpret TA of GOB? There was a doji on 10 Sept, follow by an inverted hammer on 11 Sept. Pls advise, thanx

Posted by matrixcool > 2013-09-13 12:22 | Report Abuse

Bro htyeap125 , GOB is on my radar too..

The 2 candles you mentioned mean "Indecision",GOB started to rebound from low of $0.71 on 28/08 and reached high of $0.81 on 11/09. During this period if you look at the volumes it is divergence from the price that is why i did not take any position when it broke $.785.

HAPPY TRADING....

Posted by htyeap125 > 2013-09-13 13:06 | Report Abuse

Bro Matrix, thanx for your view, really appreciate. Today looks like another doji for GOB. I am waiting to unload puncak, i suppose u too ya........ dont think i wanna take any position prior to FOMC meeting, juz wanna play safe

Posted by matrixcool > 2013-09-13 15:13 | Report Abuse

Bro htyeap125,
Good Choice whatever you do you must be comfortable to enter any trades..
Today i off load Salcon and collected some Inari at Ave cost of about $0.86...

Happy Weekend...

Posted by htyeap125 > 2013-09-13 15:16 | Report Abuse

oh..... good luck to u & have a happy weekend

Posted by kashinglim50 > 2013-09-13 15:16 | Report Abuse

tqvm..

Posted by choolooi > 2013-09-14 00:03 | Report Abuse

Bro Matrixcool and htyeap125 thanks for the sharing.
We r in uncertain times.
Let's see how next week unfolds.

Bro Matrix good luck ....

Happy weekend to all

Posted by htyeap125 > 2013-09-14 00:22 | Report Abuse

This shd be of interest to many, in case u miss out my early post

http://bursadailytradestatistics.blogspot.com/

Bro Matrix, today IJM Land looks promising with a white candle surpass the MA 20. What do u think?

Posted by lwalk > 2013-09-14 10:30 | Report Abuse

hi matrix, i hv gone into inari too yesterday at 0.88
happy trading :)

hypeap, that website is my daily reference too. previously when ff funds exited the institutions kept buying to support. now some ff funds are back, the institutions are selling probably for profit taking.

Posted by CityTrader > 2013-09-14 10:56 | Report Abuse

This is a good thread i ve been looking for as i m learning chart. Tq bro

Posted by Hot.T > 2013-09-14 11:38 | Report Abuse

Hi Matrix..im no chartist nor TA expert but do lean on it for some form of support. Im mainly in TGOFF but hv been here eversince u started it just so i could prob learn something. Anyway :
1. R ur daily updates solely based on the charts only without considering FA or other "qualitative" elements?
2. how do u decide which counters to add to ur watchlist (out of the thousand-odd on bursa)?
3. Lastly, if u dont mind and its not too much to ask, appreciate if u could intepret TGOFF's chart .. :)

I'm currently looking at salcon n perdana basing on ur daily updates on tech reading.
Thanx Matrix

Posted by matrixcool > 2013-09-14 18:36 | Report Abuse

Tq Sis choolooi, ya you are right it is really difficult time for traders like us..

Bro htyeap125, thanks for sharing the Bursa Malaysia Trade Statistics , will look into IJM Land chart over the weekend for you. I think you interpret chart quite well yourself.

Bro lwalk, I am also in INARI but my average cost is $0.86. Will collect on further weakness….

Bro CityTrader, welcome on board we are learning together…Please share your knowledge too..

Bro Hot.T, I used to trade using fundamentals and burned badly before (When trend is down fundamental stock suffered badly too, keep believing those are good stocks and hoping for a rebounds that never come and finally did not know what to do when the losses was so big).
Now I only trade using charts and as long as I am discipline to execute my plan I am doing fine. That is why in my thread I highlight for Short Term trades.
I will look into TGOFF chart for you this weekend .
Oh ya, I off load Salcon last Friday when it hit my $0.69 level to protect my profits.
For those stocks under my watch list I had explained in my earlier thread how I choose those counters…

Happy Holiday…