Posted by ProfitMan > 2015-09-29 14:47 | Report Abuse

ariff7996,

My take on Comfort is this. It just announced a very good set of results. FA wise its great. But as we know, even good FA stocks can be sold down during bears but they will bounce back. Comfort has bottomed out at 0.67. Its immediate support is at 0.73 and it needs to clear its immediate resistance at 0.77/0.775 with a strong resistance at 0.795. It should enjoy strong support at 0.715/0.72.

There will be some overhang in the stock as it has undergone quite a severe correction, 78% on the fibo retracement. So, you can expect some selling activities in a weak market sentiment environment. Depending on your entry price, you might want to stop loss upon violation of 0.715. Good luck on this stock. Incidentally, I am also trading this stock. But, as mentioned by Dunknow, always fall back on your trading plan in case we are wrong in our assessment.

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Posted by ariff7996 > Sep 29, 2015 07:59 AM

Good morning Dunknow, tsy, Profit n all forumer...

Profit bro, i'm currently holding COMFORT.. Due to the weak market sentiment, will it effect much on CI today.. Need ur view on this, thanks.

Posted by ProfitMan > 2015-09-29 15:27 | Report Abuse

westgun, there is a possibility that they will try to keep it at or above 1600. Even if they do, I don't think its sustainable as the overall fundamentals of world economy is weakening. So, in the light of this, it may not be a wise thing to do as China has found out the hard way when they tried to prevent a market crash earlier on. The minute the measures are removed, there goes the floor of the market again and the fall could be even harder.

At the moment, KLCI has already broken down from 1600 but is fighting hard to stay above this level. If the weakness persist, we can expect the index to head towards 1540.

Globally, there are concerns that the Glencore stock price plummet could trigger a major correction. At this point in time, we can only speculate but the risks are there. The Fed has hinted quite strongly that there will be a rate hike by the end of this year.

Yes, you may want to stay away from call warrants and go with puts. I foresee increased volatility and more corrections on the way. There are just too many negative news surfacing daily to warrant a bullish run.


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Posted by westgun > Sep 28, 2015 05:25 PM

Hi TCB & all...

Hi Profitman....up coming 2 days will be closing the Q3... do you think that Bomoh team to support the Index to fall / maintain at 1600 level?

I am currently holding only TNBC23 and still plan to sell it at better price ( cut less lose ).. as i strongly believe that October will be a Storm coming and better "Put"..

Looking forward your valuable feedback...:)

Have a nice day..:)

Posted by jasonor > 2015-09-29 15:35 | Report Abuse

good evening profitman, tsy88, dunknow, ariff and all TCB sifus.. :)

may i know the tp of instaco? based my TA it ady broke up the downtrend resistance line. but i'm unsure of how high it will go..

Posted by ProfitMan > 2015-09-29 15:41 | Report Abuse

jasonor, Instaco will be looking at 0.178 and 0.20.

Posted by jasonor > 2015-09-29 16:01 | Report Abuse

thx alot profitman =)

Posted by ariff7996 > 2015-09-29 16:03 | Report Abuse

Dunknow n Profit bro.. Thanks for the detail explanation.. Really appreciate very much..

Posted by AllWin > 2015-09-29 17:38 | Report Abuse

Hi Profitman, Ariff,

Coincidentally, I sold comcorp yesterday and put the money into comfort. Thanks for the comprehensive analysis. Cheers.

Posted by westgun > 2015-09-29 18:25 | Report Abuse

Thanks alot profitman...:)

Now at put warrant , hope tomorrow can earn back some lose on cut of tnb...:(

Good nite...;)

Posted by Dunknow > 2015-09-29 21:41 | Report Abuse

clap clap clap...thumbs up for u...no wonder ur name call ALLWIN lar....congrads bro..

Posted by ProfitMan > 2015-09-29 23:05 | Report Abuse

AllWin, you are welcome. Hope you make a comfortable profit with Comfort.

Posted by Dunknow > 2015-09-30 03:08 | Report Abuse

Good morning TCB
goood morninh tsy, ariff, jasanor and all....

happy trading...

Posted by Dunknow > 2015-09-30 03:09 | Report Abuse

Hi profitbro,
Can u check TA for superln?
Got any formation form ka?

Soli...nowaday kacau u a lot

Posted by tsy88 > 2015-09-30 05:30 | Report Abuse

Good morning TCB/Dunknow/ariff7996/westgun n all

Dow up after falling for 6 days!! Will Bursa rise in tandem? Today also month end closing for 3rd quarter.

Have a fruitful Wednesday. happy trading !!

Posted by tsy88 > 2015-09-30 05:31 | Report Abuse

Dunknow ... wow, u are up n awake at 3am so early ??

Posted by tsy88 > 2015-09-30 05:46 | Report Abuse

Profitman

Good morning. Many thanks for your views on our market !! Greatly appreciate your valuable feedback and your way of putting things into perspective is simply awesome. Always looking forward to your views.

Have a fruitful Wednesday. Happy trading !!

Posted by ariff7996 > 2015-09-30 08:15 | Report Abuse

Wah Dunknow very early la today :)

Good morning Profit, tsy, jasanor, westgun n all..

Happy trading!

Posted by jasonor > 2015-09-30 08:47 | Report Abuse

Good morning profitman, dunknow, tsy88, ariff =)

hv a good day today :D

Posted by westgun > 2015-09-30 11:14 | Report Abuse

Good Morning all TCB...:)

have a great days and enjoy the trading...:)

Posted by John Wong > 2015-09-30 12:32 | Report Abuse

Good day TCB. Can I check if today considered a morning star candlestick pattern for KLCI?

Posted by ProfitMan > 2015-09-30 14:04 | Report Abuse

tsy, Dunknow, ariff, jasonor, inwest, connie, duit, westgun and All, Good Afternoon.

Posted by ProfitMan > 2015-09-30 14:06 | Report Abuse

John Wong, no, it is not considered a morning star. The morning star is a 3 candle pattern and occurs at the bottom of a downtrend.

Posted by John Wong > 2015-09-30 14:38 | Report Abuse

Thanks profitman. Just want to clarify abit. This is not a morning star because this 3 candle pattern doesn't look like a morning star or is it we are not bottom enough (i.e. valid pattern has to form below the 2 recent previous low 1503 & 1568)? Thanks in advance.

Posted by ProfitMan > 2015-09-30 15:05 | Report Abuse

Dunknow,
Superln:
It broke out today with a gap up taking with it the 1.55/1.56 resistance. 1.50 is the immediate support. Consolidation appears to be over. Bullish with a strong breakaway and now the test is to see if it stays above 1.56 and to re-test the next resistance at 1.68. Beyond that, it will be in new found land!. Could be on a good winner here. Still, do be cautious of market sentiment.

No problem. You can kacau anytime.

Posted by Dunknow > 2015-09-30 15:10 | Report Abuse

Ok boss profit....I play tikam tikam...but careful punya tikam lo...thanks boss untung

Posted by ProfitMan > 2015-09-30 15:36 | Report Abuse

John Wong, the previous 2 lows does not factor into the morning star criteria. The morning star occurs at end of a downtrend to signal a bullish reversal. We should be looking at the immediate 2 candles prior to today.

In a morning star pattern, Day 1 is a bearish candle, usually a long bearish candle. The candle of KLCI on 28/9 failed this criteria. The day 2 candle should open with a gap down while the day 3 bullish candle opens with a gap up and should close beyond the mid-point of Day 1's candle.

The pattern in question does not fulfill many of these criteria.

Posted by John Wong > 2015-09-30 16:32 | Report Abuse

Thanks profitman. Learn something new today.

Posted by westgun > 2015-09-30 21:42 | Report Abuse

Hi Profitman.....great to hear your feedback...:)

It looks like the trend will continue tomorrow (as global uptrend)...:)

I still listen your comment that we are in short bull wave.. still inside the bear trend...:)

Appreciate you can share the uptrend index no that we may possible hit for tomorrow ( or this week)?

Looking forward your input .. and have a nice day...:)

Posted by tsy88 > 2015-10-01 06:16 | Report Abuse

Good morningTCB/Dunknow/ariff7996/jasonor/westgun

Wah, Dow up 235 !! Global mkts to follow in tandem !!

Have a wonderful Thursday. Happy trading !!

Posted by Dunknow > 2015-10-01 07:30 | Report Abuse

Good morning TCB,tsy sis,bro ariff,bro jasonor,bro westgun and BossProfit

Let's start the game today ...kikiki

Posted by westgun > 2015-10-01 07:33 | Report Abuse

Good Morning all TCB...:)

have a good trading day...:)

Posted by stay_foolish > 2015-10-01 11:55 | Report Abuse

The Return

Sorry for the delay. Have been very busy this few days :) wish you have a fruitful week :)

APFT

The Uptrend trend line is still intact from March 2015. Volume emerge on 4/3/2015 and form a base at $0.175 from 15/5/2015 to 4/6/2015 which is very healthy. On 30/9/2015, it formed a "Hanging Man" candle stick which indicate Rebound signal. Strong support at $0.175. Cut loss if break below 0.175. Resistance 1 at $0.22 and Resistance 2 at $0.24

KNM

It is bearish over the long term chart. It may show the rebound signal with Three White Soldier candle stick. However, it failed to clear $0.525 on 11/9 and show weakness. It is consolidating between $0.45 and $0.53. Strong support at $0.45 and cut loss if break below $0.45.

Have a good week !

Posted by inwest88 > 2015-10-01 12:00 | Report Abuse

Good morning Profitman and all in TCB !

Posted by ProfitMan > 2015-10-01 14:31 | Report Abuse

tsy, Dunknow, ariff, jasonor, inwest, connie, duit, westgun and All, Good Afternoon.

The Dow had a very green day yesterday and naturally so, as it recovers from its earlier losses. Coming from an oversold position, it did a technical rebound across the board but the magnitude of the rebound was surprising as there were no new positive news or data to support a very bullish tone. Lets see if it sustains.

On the KLCI, as we anticipated earlier, it could be "pushed" up in the very short term. But for the KLCI to touch 1640 this week could be stretching it a wee bit. Even if it surpasses this level, it may be short lived and may not be broad based supported. The plantation sector is drawing attention today.

In this volatile market, the best stance to employ is perhaps, still, the buy on dips and sell on rally posture.

Posted by duitKWSPkita > 2015-10-01 14:33 | Report Abuse

Profitman...........

earn to the maxxxxxxxxxxxxx................Don't give face......plenty of winners everyday.....so nice yea....

Posted by ProfitMan > 2015-10-01 14:38 | Report Abuse

Duit, yes you are right. High risk high gain. I like volatile markets. Good trading opportunities.

Posted by duitKWSPkita > 2015-10-01 14:41 | Report Abuse

Good one Profitman.....

I put full fire....... now the best to shoot.....

Posted by tsy88 > 2015-10-02 05:47 | Report Abuse

Good morning Profitman,Dunknow/ariff7996/jasonor/westgun

Wow, remarkable recovery by Dow last night !. Down only 12 at closing!!

Will our market today show resilience like Dow ??

Have a fruitful Friday. Happy trading !!

Posted by Dunknow > 2015-10-02 07:26 | Report Abuse

Good Morning TCB,tsy,profitbro,jasanor,WG,ariff and all

Posted by Dunknow > 2015-10-02 07:59 | Report Abuse

Hi profitman, can you pls help me onMinho?
Thankssss

Posted by westgun > 2015-10-02 08:07 | Report Abuse

Good Morning all TCB....:)

Posted by profitman > 2015-10-02 18:38 | Report Abuse

Dunknow, my apologies for coming back to you this late on Minho.

Minho,
It is now consolidating in a pennant after a temporary decisive break out from 1.18. Its support of 1.18 seems to be holding at the moment. Should this support continues to hold, it could be poised to attempt another decisive breakout to re-test its immediate high of 1.28.

Posted by connie > 2015-10-03 00:35 | Report Abuse

profitman ... i am so sorry for not returning your greetings here !!! so so rude of me :(:( apologies to dunknow not accepted ... capital punishment is more like it ... i shall volunteer to execute :)

Posted by duitKWSPkita > 2015-10-03 00:38 | Report Abuse

hey...so funny la...eat maggi mee half way also burst la..

Posted by westgun > 2015-10-03 00:47 | Report Abuse

Thanks Profitman for the feedback on minho... as i do enter today at 0.18....)

Very thanks you to review the share / trend..:)

Wish you have a nice weekend..:)

Westgun

Posted by Dunknow > 2015-10-03 01:07 | Report Abuse

Good morning,mr Profitman......my apologies for kacau you at this late hour on Minho....and many thanks for sharing TA on Minho....wishing everyone have a pleasant morning....

Posted by Dunknow > 2015-10-03 01:08 | Report Abuse

Good morning mr duit,make sure the Maggie mee dun come out from ur nostril ya,very ugly one ler...

Posted by duitKWSPkita > 2015-10-03 01:09 | Report Abuse

My pleasure. Hahahah

Posted by Dunknow > 2015-10-03 01:11 | Report Abuse

Wow Connie sayang....hmmm,willingly punish by Profitman ya......errr....arrr....err..."Profitman,dun give me face ya.....punish to the max....

Posted by tsy88 > 2015-10-04 12:55 | Report Abuse

Good morning TCB/dunknow/ariff7996/westgun

Have a wonderful Sunday !!

Posted by ariff7996 > 2015-10-04 18:32 | Report Abuse

Good evening tsy, Dunknow, TCB n all forumer,

Hopefully the haze not getting serious then our health will getting better and children oso can go back to school again..

Happy2 always :)