Posted by sunlight > 2014-06-23 23:46 | Report Abuse

Hi Dino Limo,
PRESBHD:
This stock is currently under consolidation. It broke out above an immediate resistance at $1.88 with volume yesterday but could not move further up today due to selling pressure and closed the same price at $1.91. The new immediate resistance is now at $1.96. If it moves up and able to break $1.96 with volume, it will try to break the next resistance at $2.04. Breaking above $2.04 resistance with volume will have a bullish implication (buy signal) and goes into uncharted territory after the bonus split @ 30/04. An estimate target price will be around $2.17.
If it retraces, it will find an immediate support at $1.88 and $1.77 respectively. Stop loss if $1.71 is violated with volume.

Happy trading.

Posted by tsy88 > 2014-06-23 23:53 | Report Abuse

Inwest88 - Hopefuly can. Already keyed in. Got to lose quite a lot on Pelikan though. Wanted to buy Seacera but hesitated.

Dont know how to thank you for sharing. Hope you make lots and lots of money from your quick trades. My hats off to you. Good night.

Posted by profitman > 2014-06-24 00:14 | Report Abuse

Dino Limo - Presbhd:

Just want to touch on the other parts of your request. As you may probably be aware, share splits dilutes the shares. We would analyze its TA just like any other stocks except that we need to keep at the back of our head that the drop in price after the ex-date was a result of the share split and not due to any fundamental change in the company's performance.

In 2013, revenue increased 8.6% while profits before tax jumped 15%. It has manageable debt levels with positive cash flow from operations and a healthy balance sheet. So, financially it is sound.

Posted by tiongms > 2014-06-24 05:50 | Report Abuse

Thanks yoda88 for Boustead analysis.Thanks again

Posted by inwest88 > 2014-06-24 07:36 | Report Abuse

Good morning everyone here. No upsets in the WC matches last night
Group A
Brazil 4 Cameroon 1
Mexico 3 Crotia 1
Group B
Spain 3 Australia 0
Holland 2 Chile 0

Posted by inwest88 > 2014-06-24 07:44 | Report Abuse

Can take a look at the following (on observation of price/volume movement yesterday and the and market mode today)
Jaks
BSL (poor FA)

Ijacobs should continue its run.

Posted by inwest88 > 2014-06-24 08:01 | Report Abuse

tsy88 - Good morning. Looks like you are setting the TP for Fiamma at 1.17 but then if you see that there is no follow through in the momentum and it's no harm selling a bit lower. Just to lock in gains and protect capital. By the way did you go in Greenyb (good returns in terms of percentage)

Posted by tsy88 > 2014-06-24 08:14 | Report Abuse

Inwest88 - Will definitely clear Fiama today. Closing not too bad above morning's high of 2.06. Greenyb- didnt buy. (Sigh) Missed! Ijacobs - do think it still can scale higher? Scared to buy at its high. Chased Pelikan and go stuck. This stock at times volatile.

Posted by tsy88 > 2014-06-24 08:16 | Report Abuse

Sorry. Got stuck.

Posted by Lz Lee Weiping > 2014-06-24 08:18 | Report Abuse

KLSENEWBIE - LUSTER:

Currently trading in a rectangle in between the resistance level of 0.115 and support level of 0.1. The next support level is 0.085 and the next resistance levels is 0.13 and 0.14. If it's to break from 0.115 with volume it will retest it's next resistance. stop-less at 0.085.

Posted by Klsenewbie > 2014-06-24 08:26 | Report Abuse

Good morning ! Thanks for the read Lz Lee Weiping ...

Posted by sunshine96 > 2014-06-24 08:37 | Report Abuse

Stay-Foolish, Thank You for the inputs on Pasukgb.

Posted by matrixcool > 2014-06-24 08:51 | Report Abuse

sunshine96 ,

Added Note on PASUKGB--For stage 1 cycle we short term traders normally would not participate but some may want to bottom fish at this level if they have the holding power to wait through the consolidation. If you are bottom fish remember to set the Stop Loss as suggested by Stay Foolish..

Happy Trading

Posted by sunshine96 > 2014-06-24 08:56 | Report Abuse

Morning Matrixcool, Thank You for the info. I will KIV on Pasukgb.

Posted by inwest88 > 2014-06-24 09:10 | Report Abuse

tsy88 - sorry. Just came back. I feel ijacaobs can still move because the recent exercise is very beneficial to them.

Posted by sandho9 > 2014-06-24 09:30 | Report Abuse

Hi Matrixcool, tcb, MITRA what price can go in? And what's ur comment?

Posted by pathew > 2014-06-24 09:48 | Report Abuse

Hi TCB sifus, EG chart can we consider it sideways movement? Or bullish?

I see that it's pretty consolidated at 77 - 79sen and resistance at 81sen. Looks ready for next upswing?

Posted by winwinborn > 2014-06-24 09:58 | Report Abuse

Dear TCB,

Can help to look the latest chart for IRIS...much thanks.

Posted by pathew > 2014-06-24 10:07 | Report Abuse

ILB, after forming spinning top on 17/6, it consolidated to 84-85sen range. The selling volume has dried up and looks ready to continue it's upward trend. Resistance at 88sen and all time high of 92sen forms a major resistance. Support at 82sen and 77sens respectively

Posted by profitman > 2014-06-24 10:33 | Report Abuse

pathew - EG:

Yes, you are right. It is consolidating with a resistance at 0.82 and support at 0.755. It needs to clear 0.82 with volume before moving up. I am not sure if its ready for an upswing yet. Losing a bit of momentum but healthy volume today.

Posted by matrixcool > 2014-06-24 10:42 | Report Abuse

sandho9 > Jun 24,

# Hi Matrixcool, tcb, MITRA what price can go in? And what's ur comment? #

MITRA—If you had followed TCB thread you should know that I locked in my profitswhen it cannot break through its previous high of $0.935. TCB does not recommend any trader to buy ant stock at any price. We believe before you buy you must have an exit plan i.e knowing what is your losses before you buy and work out your Risk/Rewards ratio. But I can tell you this for you to make a decision.

Mitra is very bullish trading on stage 2 of the cycle. It is under consolidation with reduce volume,any weakness shoud find immediate support at $0.89/$0.87. Very strong support is at $0.825. It tested its previous high of $0.935 on 17/06 but failed to break through it. So if you trade Mitra the next strong resistance is still at $0.935. A break above this level will change the landscape of Mitra to try the physcological level of $1.00 and beyond.
Stop Loss if $0.82 is violated for short term traders.

Hope this help !!

Posted by sephiroth > 2014-06-24 10:47 | Report Abuse

good morning matrix, profitman, yoda and all very helpful ta taiko

just wanna add mitra have negative cash flow from operation and negative cash and cash equivalent, just a note

Posted by sandho9 > 2014-06-24 10:59 | Report Abuse

construction companies cash flow is abit slow isnt it? i think its a norm. mitra is getting lots of projects and its growing. the next gadang!

Posted by pathew > 2014-06-24 11:11 | Report Abuse

sephi good of you to highlight that info :)
so what stocks are you playing now, share share abit with us la

Posted by sephiroth > 2014-06-24 11:19 | Report Abuse

pathew, as below

bot ghl 79 sold 96-98.5
bot salcon 69/72, still holding
bot ulicorp 1.00/1.04/1.07, still holding
bot amprop 79/83/103/104/106/107, still holding
bot l&g 55, l&g-la, 40.5/41/42, still holding
bot seal 78, sold 50% 116/117
bot ilb 75, still holding
others hexza,hdbs,sapres zzzzzz,
osk(bot 1.39, hold for 1.5 yrs, makan 15 sen div d)
mahsing (bot 2.05 still holding)

Posted by sephiroth > 2014-06-24 11:30 | Report Abuse

and last batch

bot ppg 53, sold 50% 67
bot pjdwc 47.5/48/51/68/68.5/70/70.5/74/74.5, still holding
bot bimb-wa 57/58

Posted by profitman > 2014-06-24 12:03 | Report Abuse

sephiroth - thanks for the alert on Mitra.

Thanks for sharing your portfolio. A really impressive portfolio. You can fly out anywhere in the world for your breakfast and lunch, bro! ...hahaha...

Posted by sephiroth > 2014-06-24 12:04 | Report Abuse

thanks profitman, holding all these counters got to have tons of patience, i remember holding ppg at 53 for 3 mths with hardly any volume traded everyday

Posted by pathew > 2014-06-24 12:26 | Report Abuse

sephi, good record!
So, what's new on your watchlist for next play?

Posted by sephiroth > 2014-06-24 12:29 | Report Abuse

pathew, i usually go for bearish oversold stock, today sapu sona at 49.5/50

Posted by profitman > 2014-06-24 12:49 | Report Abuse

pathew - ILB:

thanks for sharing your TA. You are right, selling pressure is subsiding. The gap support at 0.80/0.82 is an important support to monitor. If it does not hold, it will trend towards 0.77 and 0.745. You may want to consider a stop loss at 0.80.

Posted by profitman > 2014-06-24 12:55 | Report Abuse

inwest88 - good call on ijacobs. Just took a quick glance at its chart and it is bullish. Iy you are in, then congratulations to you. Almost all the stocks that you listed went up. Thanks for sharing. Cheers.

Posted by matrixcool > 2014-06-24 13:10 | Report Abuse

sephiroth --Nice of you to share your stocks with us in TCB, really admire your ability to choose winner after winner.

inwest88 --Thanks for sharing your stocks pick with us here, when i am back will spend more time going through the stocks you pick. Now oversea and most of time cannot access my charts.

Happy Trading..

Posted by tsy88 > 2014-06-24 13:48 | Report Abuse

Inwest88 - Sold Fiamma at 2.13. Failed to go beyond 2,15. Pelikan cleared at 1.48. Luckily Fiama covered my loss of Pelikan thanks to you. Am so grateful to you. Sealink hit new high and Jaks and Ijacobs very steady. Pmetal also new high. Bought any counters today?

Posted by tsy88 > 2014-06-24 13:55 | Report Abuse

Dear TCB - can u pls check on Sab? Can it hit its all time high of 5.98 and exceed 6.00 pyhsological barrier? Believe 5.65 us a strong resistance. Kindly advise. Thanks.

Posted by speakup > 2014-06-24 13:59 | Report Abuse

sepiroth buy sona? why?

Posted by pathew > 2014-06-24 14:25 | Report Abuse

thanks profitman! appreciate your help to confirm my TA, hopefully i'm improving along the way while spotting stocks for all to benefit :)

Posted by speakup > 2014-06-24 14:29 | Report Abuse

sona is old news. suma is new news!

Posted by inwest88 > 2014-06-24 15:08 | Report Abuse

profitman - bought ijacobs yesterday at 36 sen. Cleared 30% today at 40.5 sen to lock in some profits. Thanks for the reading the chart as being bullish, giving me added confidence to hold on for a while. Nevetheless I reckon there is still some upside.

Posted by inwest88 > 2014-06-24 15:10 | Report Abuse

matrix - my picks as mentioned are based on observation and would appreciate your chart readings which may differ from my criteria. If they do show the same signs, that would surely worth going in.

Posted by inwest88 > 2014-06-24 15:13 | Report Abuse

tsy88 - today just bought some jaks at 66 sen. Waiting to sell Sealink bought at 55.5 sen about 10 days back.

Posted by inwest88 > 2014-06-24 15:19 | Report Abuse

tsy88 - congrats on your profits from Fiamma. Once sold just move on.

Posted by pathew > 2014-06-24 15:25 | Report Abuse

inwest88, keep up the good work, maybe can learn some Hybrid Analysis (HA) from you :D:D

Posted by inwest88 > 2014-06-24 15:31 | Report Abuse

Pathew - thanks. I would suggest that you follow TA as the indicators are more reliable.

Posted by inwest88 > 2014-06-24 16:32 | Report Abuse

Can consider EG !

Posted by SPRING > 2014-06-24 17:23 | Report Abuse

Dear TCB, may I have the chart reading for BORNOIL.TQ.

Posted by Lz Lee Weiping > 2014-06-24 17:25 | Report Abuse

winwinborn - IRIS

Still trading inside rectangle with support level at 0.41/0.40, resistance level at 0.445. have to break 0.47 for further uptrend. Stop-loss if 0.40 is broken.

Posted by profitman > Jun 8, 2014 09:32 PM
Iris:
Update analysis: Broke out of its rectangle pattern on 28/5 with volume but the breakout was unsustainable. It has now slipped back into the pattern under selling pressures. Immediate support remains at 0.40. Still need to clear 0.435 consistently and the important resistance to overcome now is 0.46 before it can trend higher.
Currently trading under the corrective wave 2. A sustainable bullish breakout with volume from this phase will launch it into the bullish wave 3.

Earlier analysis on May 23, 2014 for ck:-
Immediate Support: 0.40
Immediate resistance = 0.435
Consolidating in a rectangle. If break 0.435, will test its next resistance at 0.51 while a break below 0.40 will see it trend lower towards 0.325. It is in the correction phase.

Posted by tsy88 > 2014-06-24 17:46 | Report Abuse

Inwest88 - Thanks to you able to make gain on Fiamma. Quite a good profit. Congrats to you also on Jaks, Sealink. I boughgt Jaks at 66.5 and Lbalum at 72.5 today. Eg looks like its poised to have another upswing. Closed off its highvthough. I think Pmetal may continue its run tomorrow and hit 4.00. Very good closing.

Posted by tsy88 > 2014-06-24 17:48 | Report Abuse

Inwest88 - meant Ijacobs.

Posted by tsy88 > 2014-06-24 17:53 | Report Abuse

Inwest88 - I didnt come across your comment on Ijacob this morning. Would have bought if I had read. Only saw it after market close!