Posted by AllWin > 2015-06-15 15:48 | Report Abuse

Hi TCB, ProfitMan, tsy,

Appreciate if you can shed some light on SCOMI.
FA looks good but not sure about TA.

Happy trading everyone !!

Posted by jasonor > 2015-06-15 15:55 | Report Abuse

hi TCB sifus, anyone knows why today the index didn't drop much but many stocks falls? as currently is more than 700 plus stocks fall vs only 100 plus rise...

Posted by duitKWSPkita > 2015-06-15 16:08 | Report Abuse

TCB gentlemen.

Try to assist when everyone busy.

Dear jasonor,

KLCI is one of the major index in our stock exchange. Currently, KLCI consisted of 30 components and those counters will be reviewed for half yearly basis.

To answer your doubt, if you look at other indices such as FBM Small Cap and FBM Fledgling the plunge was already -262.85(-1.64%) and -309.04(-1.99%) respectively.

After KLCI, we will monitor closely FBM EMAS, Top 100, Mid 70, Asean 40 etc.

All the indices can be used to interpret the market movement in particular sectors.

Hope my explanation help


Posted by jasonor > Jun 15, 2015 03:55 PM | Report Abuse

hi TCB sifus, anyone knows why today the index didn't drop much but many stocks falls? as currently is more than 700 plus stocks fall vs only 100 plus rise...

Posted by jasonor > 2015-06-15 16:10 | Report Abuse

ok... thanks again bro duit.

Posted by duitKWSPkita > 2015-06-15 16:24 | Report Abuse

AllWin, some findings in case you need urgent guidance.

For SCOMI(7158), although the FA(as per you described) might be in good condition.
Technically speaking the daily and monthly chart show slight downward and please receive the reference as below:

Immediate support: RM0.210
Strong support: RM0.185
CUT LOSS target: RM0.170

During the bearish environment cheap can be cheaper while cheaper can be cheapest so MUST NOT AVERAGE DOWN until we see the V-shape recovery profile. As long as the oilfield services and marine services can deliver the project on time it shall be no problem to sustain its EPS at around 3.30 cents.

Hope my sharing help


Posted by AllWin > Jun 15, 2015 03:48 PM | Report Abuse

Hi TCB, ProfitMan, tsy,

Appreciate if you can shed some light on SCOMI.
FA looks good but not sure about TA.

Happy trading everyone !!

Posted by AllWin > 2015-06-15 16:39 | Report Abuse

Many thanks, duit.

Posted by ProfitMan > 2015-06-15 17:11 | Report Abuse

Jasonor, Duit is spot on. The KLCI index is not reflective of the whole market.

Posted by ProfitMan > 2015-06-15 17:14 | Report Abuse

Duit, thank you so much for helping out on the index and on Scomi. Appreciate it bro.

Posted by sunshine55 > 2015-06-15 17:25 | Report Abuse

Dear TCB, please kindly advise on Unisem...the price has dropped so much...I am holding mother n the warrant... :(

Posted by belkg > 2015-06-15 17:47 | Report Abuse

Tks Mr.profit man.Hv learn alot fm u guys .

Posted by gray > 2015-06-15 17:49 | Report Abuse

So depressing

Posted by wil89 > 2015-06-15 18:20 | Report Abuse

Dear TCB Sifus, I would love to be included in the mailing list.

Posted by matrixcool > 2015-06-15 21:37 | Report Abuse

16/6/2015--Daily Update

Sorry, Can't send email because my Gmail limit is up.

I think IFCA must have spooked all the 2nd & 3rd liners and today all of them took a heavy beating. Sadly, many of my stocks either hit my Trailing Stop or Stop Loss which I am out to protect my capital.

ABRIC (7061) –About to hit my Stop Loss below $0.53. It is in oversold so some technical rebound can be expected. I may clear on any rebound to protect my capital.

CENTURY (7117)—Hit my Stop Loss and I am out with some losses

GESHEN —Hit my Trailing Stop at $0.74 I am out with all my profit.
MMSV (0113) –Hit my Stop Loss and I am out with losses. (Note: Counter is oversold and I am monitoring the next support of $0.715 if hold I may reenter

SALCON (8567) —break above $0.87 and hit my first target of $0.90 which I am out with some profit.

MY WATCHLIST

PERWAJA (5146)—If break $0.18 may try 40.20/$0.23/$0.255. Stop Loss below $0.145

DISCLAIMER: The above information is NOT a recommendation to buy or sell stocks. They are only for sharing and educational purposes only. Any trade that you undertake as a result of the above information is solely at your own risk. Please consult your own investment advisor before undertaking any investment decisions.

Posted by tsy88 > 2015-06-16 06:10 | Report Abuse

Good TCB/dunknow

Wah, yesterday was terror and Ifcamsc was horrific !! Hope we see rebound today.

Have a fruitful day ahead. Happy trading !!

Posted by tsy88 > 2015-06-16 06:13 | Report Abuse

Matrixcool

Good morning. Thanks for your update here. Appreciate. For Perwaja, yesterday was the third time it hit 0.18 recently !!

Have a fruitful day ahead. Happy trading !!

Posted by tsy88 > 2015-06-16 06:16 | Report Abuse

Profitman

Good morning. Agree with you that cutting loss without fear should be strictly adhered to especially in bearish market !!

Have a fruitful day. Happy trading.

Posted by tsy88 > 2015-06-16 06:18 | Report Abuse

Matrixcool

Recently I had traded in Perwaja. Bought at 0.165 but cut loss at 0.15 !!

Posted by ariff7996 > 2015-06-16 06:24 | Report Abuse

Thanks mat for the stocks update.. I'm highly appreciate

Posted by Dunknow > 2015-06-16 07:21 | Report Abuse

Good morning TCB,
Good morning Tsy

Have a great trading ahead ya...

Posted by gray > 2015-06-16 07:44 | Report Abuse

Hi yA. Can shed some light on uchitec? Many thanks:)

Posted by jasonor > 2015-06-16 09:01 | Report Abuse

good morning TCB sifus =)

Posted by ProfitMan > 2015-06-16 10:20 | Report Abuse

Dear all, Good Morning. Many stocks are on a rebound as most were oversold yesterday.

Posted by speakup > 2015-06-16 10:31 | Report Abuse

sell on strength

Posted by sunshine55 > 2015-06-16 10:33 | Report Abuse

Good morning tcb and all readers here...dear tcb, please shed some lights on unisem...thank you in advance...

Posted by wil89 > 2015-06-17 00:16 | Report Abuse

thank you for the heads up matrixcool!

Posted by TechcodeBreaker > 2015-06-17 01:12 | Report Abuse

wil89, you can also join us at the following Group as Matrix also post his updates there:

https://www.facebook.com/groups/techcodebreaker/

By the way, all are welcome to join too.

Posted by tsy88 > 2015-06-17 05:54 | Report Abuse

Good morning TCB/dunknow

Ifcamsc oversold and rebound also subjected to UMA !! Simply no justification !!

Have a great Wednesday with fruitful gains. Happy trading !!

Posted by Dunknow > 2015-06-17 07:22 | Report Abuse

Good morning TCB
Good morning tsy

Happy green trading today...

Posted by jasonor > 2015-06-17 08:29 | Report Abuse

morning tcb sifus :)

Posted by profitman > 2015-06-17 12:35 | Report Abuse

tsy, Dunknow, jasonor and all, Good afternoon ...hahaha.... Hope everyone makes money. Unlikely the US Fed will raise interest rate this month although an increase in September is a possibility.

Posted by duitKWSPkita > 2015-06-17 13:37 | Report Abuse

Good afternoon Profitman,

Hope you are doing well at work.
please extend my regards to yoda88, matrixcool, stay_foolish, Lz Lee Weiping and sunlight.

Warmest regards,
duit

Posted by profitman > 2015-06-17 14:56 | Report Abuse

duit, work is busy as usual. But better be busy than free ...hahaha.... Yes, will extend your regards to them. In fact they do follow this thread very closely too. Hope you are sitting on many winning stocks. Many people will be very happy with Ifcamsc these 2 days with its strong rebound.

Posted by sunflower22 > 2015-06-17 22:04 | Report Abuse

Wishing all Muslim forummers here, Selamat berpuasa

Many thanks to Matrix for the daily update.

Good nite.

Posted by tsy88 > 2015-06-18 06:22 | Report Abuse

Good Profitman. Wah, Ifcamsc really touched your tp of 0.80 and rebounded from that level for a very strong rebound over the next 2 consecutive days. Hats off to you for your accurate chart analysis!!


Ifcamsc is bearish. Its strong support at 1.31 has been broken down and today it broke down further from its psychological support of 1.00. The selling momentum is still strong. Trending down, its tp of 1.01/1.00 has been broken and the next tp is 0.80.

Posted by tsy88 > 2015-06-18 06:23 | Report Abuse

Good morning TCB/dunknow

Have a fruitful Thursday. Happy trading !!

Posted by Dunknow > 2015-06-18 07:22 | Report Abuse

Good morning TCB
Good morning Tsy

Have a Fabolous Thursday's trading

Posted by skyu > 2015-06-18 08:08 | Report Abuse

morning to all fellow malaysian stocks players.

by the way, any input on OPENSYS ?

Posted by ProfitMan > 2015-06-18 11:56 | Report Abuse

tsy, Dunknow and all, Good afternoon. And to all our Muslim friends, Selamat Berpuasa.

Posted by ProfitMan > 2015-06-18 11:58 | Report Abuse

tsy, thanks for your kind words. .hahaha... Yeah, Ifcamsc rebounded very strongly. I hope you managed to take advantage of the rebound.

Posted by duitKWSPkita > 2015-06-18 12:02 | Report Abuse

Profitbro,

Ho bo? I got no gain from IFCA because I pretend I'm very busy at work, cant buy share. Align with your busy better than free.

Hahahaha.............. wishing you a wonderful Friday eve.

Posted by tsy88 > 2015-06-19 06:28 | Report Abuse

Good morning TCB/dunknow

Have a fruitful Friday. Dow surged and thus market should be good today. Happy trading !!

Posted by tsy88 > 2015-06-19 06:32 | Report Abuse

Profitman

Good morning. Most welcome. You really deserved such compliment. No, did not manage to gain from the strong rebound. On first day of rebound dare not buy as market was so bearish and on the second day I was low. Thus missed opportunity !!

Posted by Dunknow > 2015-06-19 06:35 | Report Abuse

Good morning tcb,good morning Tsy,good morning all....
Happppppy trading

Posted by ProfitMan > 2015-06-19 17:47 | Report Abuse

Duit, thank you, I am very "ho" ...hahaha....

Posted by ProfitMan > 2015-06-19 18:47 | Report Abuse

tsy/ duit , well, i did not benefit from the Ifcamsc rebound either. So, we are on the same boat. But the Ifcamsc swing does illustrate the roller coaster emotions and psychology of trading.

Posted by connie > 2015-06-19 18:52 | Report Abuse

profitman ... wishing u a roller coaster weekend :) have fun !

Posted by ProfitMan > 2015-06-19 23:37 | Report Abuse

Connie, Thx

Posted by tsy88 > 2015-06-20 09:50 | Report Abuse

Good morning TCB/dunknow

Have a pleasant weekend woth loved ones.

Posted by tsy88 > 2015-06-20 09:51 | Report Abuse

With loved ones !!

Posted by tsy88 > 2015-06-21 13:44 | Report Abuse

Happy Father's Day !!