Posted by TechcodeBreaker > 2014-05-18 01:09 | Report Abuse

"Knowledge without discipline is dangerous,discipline without knowledge has little value" 1) We are here to help out any I3 members of their stock TA. If you need help on any stock chart just address us as “Dear TCB..” 2) We encourage traders to buy stocks with a trading plan. Before you buy please have a Stop Loss in case the stocks go against you. 3) We encourage traders to cultivate a winning habit, that is to lock in profits often when the opportunity arises. Be focused. We are here with one purpose only, that is to make money, never let a winning trade become a losing trade. 4) We encourage traders to set a Trailing Stop to protect their profits when riding on a winning trade. 5) We encourage other traders that have TA knowledge to participate and help out others on TA. In this way we all can learn together. 6) We will never recommend any stock in this thread as Buying and Selling is solely your own decision and your own risk. 7) We may post the stocks that we are interested in, together with a TA reading on it for the purpose of sharing. These TA readings are to cultivate habits of 'Discipline' and 'Plan' before trading .

120 people like this.

7,838 comment(s). Last comment by ProfitMan 2016-12-27 15:21

duitKWSPkita

26,756 posts

Posted by duitKWSPkita > 2015-04-13 12:35 | Report Abuse

Good day to all TCB members,

May I request to receive the chart reading for below counters?

1)Hutchison Whampoa (0013)
http://www.reuters.com/finance/stocks/chart?symbol=0013.HK

2)SINOPEC CORP (0386)
http://finance.yahoo.com/echarts?s=0386.HK+Interactive#{%22scale%22%3A%22linear%22}

Thank you very much kind persons!

ProfitMan

2,094 posts

Posted by ProfitMan > 2015-04-13 13:15 | Report Abuse

Anastasia Alexie, Perdana:

It is breaking out from its triple bottom pattern when it broke its 1.30 resistance which has bullish implications. Immediate support is now at 1.30 and further support can be expected at 1.25. The resistance levels are at 1.35 and 1.43. A successful breakout will carry a final TP of 1.61. Just to reinforce what I have been advocating previously, for long term investment, do check out its FA.

No one can predict if its TP will be achieved and when but do set your trailing stop if you are a short to mid-term trader and for long term investment, you will need to review and monitor your long term TP at regular intervals based on its latest FA.

Yes, taking your total cost divided by the total share will yield your average cost..

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Posted by Anastasia Alexie > Apr 12, 2015 04:18 PM

Thank you.

Forgot to mention bought price. Luckily ProfitMan added extra thought.
To get average is total price/total share, is it?

May I know what you think of Perdana?

I bought it for long term, will it reach it's TP?

tsy88

9,978 posts

Posted by tsy88 > 2015-04-13 13:35 | Report Abuse

Yoda88/chyeoh....thanks on and Pansar Sealink. Very much appreciated !!

tsy88

9,978 posts

Posted by tsy88 > 2015-04-13 13:37 | Report Abuse

Dear TCB

Appreciate if you can give the latest update on Ifcamsc and its Wa. Thanks.

kc18

23 posts

Posted by kc18 > 2015-04-13 15:19 | Report Abuse

THATS WHAT THEY SAY
"SELL IN MAY AND GO AWAY"
HOWEVER "BURSA" IS HERE TO STAY
TCB WILL STILL TRADE TILL
THE END OF THE DAY" ;)

ProfitMan

2,094 posts

Posted by ProfitMan > 2015-04-13 15:42 | Report Abuse

kc18, that is a good one. ...hahaha....

Posted by newinvestor8 > 2015-04-13 17:14 | Report Abuse

Dear TCB,

Mpay can still hold?

Please advice.

Thanks

belkg

106 posts

Posted by belkg > 2015-04-13 17:28 | Report Abuse

Mr matrix
Appreciate u could update me with y weekly report @ belinda_lan@ yahoo.com
Hv try to post mail but unsuccessful
Tq

ProfitMan

2,094 posts

Posted by ProfitMan > 2015-04-13 18:59 | Report Abuse

belkg, matrix is travelling at the moment. We will pass on your message to him.

ProfitMan

2,094 posts

Posted by ProfitMan > 2015-04-13 19:52 | Report Abuse

michaelwoo, just to add on to sunlight's input on fibo. I don't think traders who use the 4 stage cycle rely on fibo. Fibo is more extensively used in wave reading as you are aware.

In Fibo retracements and extension, identifying the swing low, swing high and retracement swing high/low is important. It would be best that you check for any fibo tutorials online to learn more about them as it will give you a more detailed understanding on the subject. Do bear in mind that we do not use fibo independently but rather in conjunction with other indicators.

-------------------------------------------------
Posted by michaelwoo > Apr 13, 2015 09:00 AM

Hi Sunlight. Thanks for your input on Fibonacci TA reading. Anymore input on the issue on Fibonacci Retracement and Extension like how to draw on the charts is much appreciated.

michaelwoo

101 posts

Posted by michaelwoo > 2015-04-13 20:01 | Report Abuse

Hi Profitman. Thanks for your input and clarification on using Fibonacci.

yoda88

499 posts

Posted by yoda88 > 2015-04-13 22:23 | Report Abuse

EG - It provides electronic manufacturing services and SMT/Printed Circuit Board Assembly (PCBA) for products such as hard disk drive, bluetooth headset, car navigator, and many others electronics products, and capable for box assembly of telecommunications products like Dect phone, wireless connectivity products like Bluetooth headsets, and Personal Digital Assistant (PDA) / Smart phone. EG - PE 3,48, NTA 1.73, trading at discount 0.865.
Happy Trading.

michaelwoo

101 posts

Posted by michaelwoo > 2015-04-14 05:50 | Report Abuse

Dear TCB. Need your TA reading on Efficient. Thanks.

tsy88

9,978 posts

Posted by tsy88 > 2015-04-14 06:48 | Report Abuse

Good morning TCB/dunknow.

Have a wonderful Tuesday with lots of gains from Bursa playground. Happy trading !!

tsy88

9,978 posts

Posted by tsy88 > 2015-04-14 06:58 | Report Abuse

kc18 ....LIKE !! Would like to add -

You and I will surely trade
Whether May or no May
At any time or any day
So there is nothing more to say !!

Happy trading !!



Posted by kc18 > Apr 13, 2015 03:19 PM | Report Abuse 

THATS WHAT THEY SAY 
"SELL IN MAY AND GO AWAY" 
HOWEVER "BURSA" IS HERE TO STAY 
TCB WILL STILL TRADE
TILL THE END OF THE DAY" ;)

Dunknow

7,384 posts

Posted by Dunknow > 2015-04-14 07:27 | Report Abuse

good morning TCB,good morning Tsy...

Tsy...kikiki, good one :D

cbyeoh

131 posts

Posted by cbyeoh > 2015-04-14 08:58 | Report Abuse

HLE 14/04/15

Trading Idea - YTLPOWER
YTLPOWER: Grab the “u turn”
§ Share price is expected to test RM1.65 in short term as amid “Tweezers Bottom” pattern and bullish oscillators. Resistances are situated at RM1.59 and RM1.65. Breaching above RM1.65 (critical resistance) could drive share price higher towards RM1.75. Immediate supports at RM1.50 and RM1.47 with cut loss below RM1.44

Momentum Idea - ASTINO
ASTINO: Double-bottom signals further advance
§ ASTINO is involved in manufacturing and selling of metal roof sheets, polyvinyl chloride (PVC) panel, Polyvinyl chloride (PVC) products and Agrohouse multi-system
§ At RM0.765, ASTINO is trading at 7.2x FY14 P/E, and 26% below its BVPS of RM1.03. Despite more superior average FY11-14 net profit margin of 6.5% (AJIYA: 5.3%) and dividend yield of 4.0% (AJIYA: 1.4%), ASTINO is still trading at 12% discount to its closest peer, AJIYA’s P/E of 8.2x.
§ As technicals are on the mend coupled with the double bottom formation and rising volume, the rebound could continue. A decisive breakout above immediate resistance of RM0.785 (2 Apr high) will lift prices higher towards RM0.83 (61.8% FR) and our LT price objective of RM0.87 (or 76.4% FR). Cut loss below RM0.695

cbyeoh

131 posts

Posted by cbyeoh > 2015-04-14 08:59 | Report Abuse

UOBKH 14/04/15

Stocks to watch:
1) GOLDEN PHAROS; Technical BUY with +44.0% potential return
*Last: RM0.500 Target: RM0.665, RM0.720 Stop: RM0.370
*Timeframe: 2 weeks to 2 months

2) YONG TAI; Technical BUY with +29.0% potential return
*Last RM0.845 Target: RM0.975, RM1.090 Stop: RM0.735
*Timeframe: 2 weeks to 2 months

3) ENGTEX GROUP; Technical BUY with +20.7% potential return
*Last: RM1.06 Target: RM1.24, RM1.34, Stop: RM0.995
*Timeframe: 2 weeks to 3 months

sherrina

14 posts

Posted by sherrina > 2015-04-14 09:53 | Report Abuse

Hi Dear TCB,
Please advise on awc?
Happy trading ....

ProfitMan

2,094 posts

Posted by ProfitMan > 2015-04-14 10:03 | Report Abuse

tsy88, thanks. Very poetic today ...hahaha.... Good one too.

cbyeoh

131 posts

Posted by cbyeoh > 2015-04-14 10:13 | Report Abuse

Newinvestor - Mpay

Please refer to the earlier posting by Sunlight on 07 Apr & Profitman on 09 Apr.

Please note that TCB does not advise on whether to buy/sell or hold on any stocks as each individual should have and adhere to their own trading plan.

Thank you.

=====================================================
Posted by newinvestor8 > Apr 13, 2015 05:14 PM | Report Abuse

Dear TCB,

Mpay can still hold?

Please advice.

Thanks

============================================================

Posted by sunlight > Apr 7, 2015 09:01 PM | Report Abuse

Hi rob_z3_man & cityplus,
MPAY:
It is currently under consolidation. It formed a doji on 03/04 and started to pull back a bit to current support line of $0.29. If it breaks below that, it will find next strong support at $0.275. The selling pressure is reducing and if it trends upwards again, it will find immediate resistance at $0.305 and $0.325 respectively before it can move further up.
Do take note that it has a bearish Price/RSI divergence. Stop loss at $0.27 if violated.

Happy Trading.

====================================

Posted by ProfitMan > Apr 9, 2015 04:16 PM | Report Abuse

newinvestor8, the MPay selling is to be expected in its consolidation phase as sunlight has correctly interpreted in his analysis. Furthermore, there is a bearish price/rsi divergence. As long as its strong support at 0.275/0.28 remains intact, the consolidation is healthy.

Dunknow

7,384 posts

Posted by Dunknow > 2015-04-14 12:50 | Report Abuse

Dear TCB,can you please check for me on IRIS?
Kam Siah :D

Posted by newinvestor8 > 2015-04-14 12:55 | Report Abuse

Thanks Cbyeoh for advise.

Can you please advise on redtone?

ProfitMan

2,094 posts

Posted by ProfitMan > 2015-04-14 15:37 | Report Abuse

tsy88, Ifcamsc: If successful in breaking the resistance of 1.40, it will scale new highs. S1 = 1.40 & S2 = 1.35

Ifcamsc WA: testing resistance of 1.28. S1 = 1.23.

Both looks bullish.

--------------------------------------------
Posted by tsy88 > Apr 13, 2015 01:37 PM

Dear TCB

Appreciate if you can give the latest update on Ifcamsc and its Wa. Thanks.

Posted by newinvestor8 > 2015-04-14 15:59 | Report Abuse

Dear TCB,

Recommended Gpharos ok to invest?

Thanks in advance.

ProfitMan

2,094 posts

Posted by ProfitMan > 2015-04-14 20:38 | Report Abuse

sherrina, AWC:

Bullish after breaking out on 23/3 when it took out the 0.39 key resistance. It broke out from its pennant on 13/4. Immediate support is at 0.475 and if broken, strong support at 0.44 awaits it. If it breaks its psychological resistance of 0.50, it will be setting new highs. The presence of a bearish price/rsi divergence suggest a possibility of the stock going into a consolidation phase.

--------------------------------------------
Posted by sherrina > Apr 14, 2015 09:53 AM

Hi Dear TCB,
Please advise on awc?
Happy trading ....

SumuaOK

205 posts

Posted by SumuaOK > 2015-04-15 01:22 | Report Abuse

TCB, tq very much for your analysis. You are very kind and generous to share you knowledge. I am curious why so many people ask for your analysis and don't bother to learn learn themselves? Why? why?

tsy88

9,978 posts

Posted by tsy88 > 2015-04-15 03:19 | Report Abuse

Profitman ..

Thanks for reading on Ifcamsc and its Wa. Appreciated ! Ifcamsc has broken its high of 1.35. What would be the Tp now that she is into unchartered territory? Noted on the support given.

Dunknow

7,384 posts

Posted by Dunknow > 2015-04-15 07:33 | Report Abuse

good morning tcb
good morning tsy

Happy trading....break down 1840.....down down down again ;)
Happppppppppppy Collecting ===> Profitable trading

tsy88

9,978 posts

Posted by tsy88 > 2015-04-15 07:47 | Report Abuse

Good morning TCB/Dunknow.

Have a great Wednesday with lots of gains . Happy trading !!

cbyeoh

131 posts

Posted by cbyeoh > 2015-04-15 08:42 | Report Abuse

HLE 15/04/15

Momentum Idea - KOMARK
KOMARK: Double-bottom signals further advance
KOMARK is principally engaged in manufacturing of self-adhesive labels and stickers and trading of related products. About 70% of its products are exported to China , Thailand , Indonesia , Philippines , Singapore , Sri Lanka and India .
As technicals are on the mend coupled with the double bottom formation and rising volume, more upside is possible.
A decisive breakout above immediate resistance of RM0.615 (weekly upper Bollinger band) will lift prices higher towards RM0.65 (76.4% FR) and our LT price objective of RM0.68. Supports are near RM0.575 (20-d SMA) and RM0.545(200-d SMA). Cut loss at RM0.53.

Impulse Trading - YGL
YGL: Technical rebound expected following 8 black candlesticks
YGL’s share price is likely to stage a strong technical rebound to widen its daily Bollinger band this week following 8 black candlesticks on weekly chart. Reading from daily and oscillators showed that buying momentum is picking up pace in immediate term. Hence, we are looking at target prices of RM0.33, RM0.345 and RM0.365. Support at RM0.295 with cut loss below RM0.285.

cbyeoh

131 posts

Posted by cbyeoh > 2015-04-15 08:43 | Report Abuse

UOBKH 15/04/15

Stocks to watch:
1) NOTION VTEC; Technical BUY with +29.1% potential return
*Last: RM0.430 Target: RM0.495, RM0.555 Stop: RM0.370
*Timeframe: 2 weeks to 2 months

2) KIA LIM; Technical BUY with +22.1% potential return
*Last RM0.610 Target: RM0.685, RM0.745 Stop: RM0.525
*Timeframe: 2 weeks to 2 months

3) KHEE SAN; Technical BUY with +22.3% potential return
*Last: RM0.560 Target: RM0.645, RM0.685, Stop: RM0.495
*Timeframe: 2 weeks to 2 months

Dunknow

7,384 posts

Posted by Dunknow > 2015-04-15 08:51 | Report Abuse

thanks cbyeoh for the update,happy trading ya

mslee81

1,589 posts

Posted by mslee81 > 2015-04-15 09:39 | Report Abuse

Good morning TCB, could you pls help to read charts for IJACOBS, SEACERA & BENALEC? Many thanks!

Posted by newinvestor8 > 2015-04-15 10:08 | Report Abuse

Dear TCB,

Need update on INSAS and redtone.

Thanks in advance.

profitman

2,094 posts

Posted by profitman > 2015-04-15 10:26 | Report Abuse

tsy88,a sustained breakout of ifcamsc from its 1.40 resistance will start a new bullish phase and will take it to its TP1 of 1.47 and TP2 of 1.57.

Posted by limjunie749 > 2015-04-15 10:36 | Report Abuse

Dear TCB,
Can you please read SUNZEN and DIGISTA
THANK YOU VERY MUCH

Posted by chrisgeorgeis > 2015-04-15 12:55 | Report Abuse

hey!

could I be added to the mailing list?

chrisgeorge.is@gmail.com

MainBesar

969 posts

Posted by MainBesar > 2015-04-15 13:00 | Report Abuse

Cbyeoh.... Thanks on buy call this mornibg... Manage to grab ygl

profitman

2,094 posts

Posted by profitman > 2015-04-15 13:31 | Report Abuse

SumuaOk, thanks for your kind comments. We do encourage traders to pick up on TA and hopefully by sharing our information, we can encourage others to learn and trade with TA or even FA and in the process exchange trading experiences and info here.

duitKWSPkita

26,756 posts

Posted by duitKWSPkita > 2015-04-15 13:42 | Report Abuse

Good afternoon profitman....

can help me to check my counters at above? thanksssssssssss
free only do .....

noisyboy

417 posts

Posted by noisyboy > 2015-04-15 15:49 | Report Abuse

hi guys can you help me check on Eforce
thanks alot!

Posted by newinvestor8 > 2015-04-15 17:26 | Report Abuse

Dear Profitman & CBYeoh,

Need your comment on redtone, insas & gpharos.

Thanks.

Posted by Anastasia Alexie > 2015-04-15 18:59 | Report Abuse

Dear TCB,

What is your opinion on Krono? Has it broken it's resistance line? What's stopping it from going above 0.400? Profit taking?
Can you provide DMS reading on Krono? I would like to compare with my reading. I into DMS.

profitman

2,094 posts

Posted by profitman > 2015-04-15 19:18 | Report Abuse

Anastasia Alexie, please excuse our ignorance. What is DMS? Thanx.

Posted by Anastasia Alexie > 2015-04-15 20:18 | Report Abuse

Directional Movement System

profitman

2,094 posts

Posted by profitman > 2015-04-15 20:18 | Report Abuse

duit,

1)Hutchison Whampoa (0013):

Underwent a technical rebound. It is facing stiff resistance at 99. If it breaks its resistance at 100 with volume, it will have broken out of its downtrend line successfully. It has strong support at 96. It is losing momentum and may go into sideways consolidation.

2)SINOPEC CORP (2386):

Down trending. It has broken down from its support level at 7.8. immediate support is at 6.84 while immediate resistance is at 7.12. If the selling persist, its next TP is 6.46.

Hope that helps. Duit, you not only make money from KLSE but also from HKSE ...hahaha.... Great stuff, bro. Respect you. You are an international trader ...hahaha....

imoogi99

1,640 posts

Posted by imoogi99 > 2015-04-15 20:48 | Report Abuse

Duit so expert in the market still want people to read for him....apalah!

duitKWSPkita

26,756 posts

Posted by duitKWSPkita > 2015-04-15 22:05 | Report Abuse

Thank you very much Profitman for your valuable time of stock reading.

bro... not me! In fact I should follow my associate to open position at HangSeng counter last two weeks before the hot fund flow in from mainland but I did not. Very clear with your explanation with the specified price target.

Once again, BIG thanks to you and all TCB members.



Dear Imoogi99 in reading,

I am not an expert as per quoted by you. I am just an ordinary hardworking person who is willing to put more effort in analysis. Because the capital involve in above mentioned counters are very huge, and to avoid personal BIAS I must seek for third party view to keep my risk management as efficient as possible.
Sinopec and Hutchison some how are component counter under Hangseng and I am wondering whether they are counter direction with HangSeng index in short term. Hence, I must seek for third party view before my further judgement.

Hope you have a fruitful trading programe too.

profitman

2,094 posts

Posted by profitman > 2015-04-16 00:45 | Report Abuse

Duit, you are most welcome bro. I heard the HKSE market is pretty exciting and much more active and volatile too.

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