"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 .
tsy, Dunknow, ariff, jasonor, inwest, connie, duit, westgun, AllWin and All, Good Morning.
Yes, tsy, quite a recovery by the Dow after the Fed meeting reaffirmed the no hike and an acknowledgement that the China's effect is only transitory.
Westgun, done. Thx.
For Liverpool fans, a great day with the signing of Jurgen Klopp as the new manager. Hopefully we end the season with at least a Champions League spot. At the very least, we will have a manager who won't put square pegs into round holes ...hehehe..... Cheers.
twobits, yes, yesterday was just another candle and today it did formed a shooting star with distribution taking place marked by a bearish divergence in the Accum.Dist line. However, we do need a bearish confirmation on Monday be it a gap down or a long bearish candle on high volume. Judging by today's shooting star formation on high volume with the Accum.Dist divergence, we could see the market taking a breather on Monday and possibly thereafter unless there is "divine intervention" again to prop up the market.
westgun, no prob. Hope you found our Fb helpful. Please like any articles that you read as that would give us an indication if we are putting out useful info and it is also a motivator to the contributors of the articles ...hehehe... Thx.
PUC: PUC broke out from its rectangle trading pattern on 6/10 on high volume and went into a consolidation soon after. The overhang in the stock might hold back its progress. Unless there is a catalyst, its upside may be limited in the short term.
Good morning. Haha, I like your term "divine intervention" !! So in your opinion, our market is set for a breather? Good and hope so as I had bought into Hk on Friday !!
Instaco: Its correction appears to be over. It has broken out of its downtrend line and seems to have good immediate support at 0.205. It is seeking to break 0.23 resistance. Probably due to the overhang in the stock, it is consolidating at the moment, trading sideways.
Bintai: Attempted to break out of its 0.295 resistance but was unable to sustain above this price level convincingly. The bearish harami of 20/10 suggest possible further consolidation before it attempts to break it again. Will be bullish if break 0.32 with volume. Support is at 0.275.
SYF: In consolidation. Seems to have found good support at around 0.46. Need to break 0.495 with volume to be bullish again. Losing momentum at the moment and the bearish engulfing candle of 20/10 carries a weakness implication in the stock for the short term. You may want to stop loss if 0.455 is violated.
---------------------------------------------------------------- sPosted by AllWin > Oct 19, 2015 08:53 PM | Report Abuse
Good evening TCB followers...
Profitman, can you help to check on Bintai and SYF ?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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 .