"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 .
#Dear Bro Matrixcool - morning,pls assist to analyse MPHBCAP & IJMPLANT.Thank you in advance. #
MPHBCAP—Very bullish stage 2 of the cycle,congratulation you are on a winner.Hit a new high of $2.18 two days ago,If this level is taken out the next target is estimated to be $2.30 and beyond.Now it is under consolidation and immediate support adjusts to $2.10/$2.05.Any weakness towards support may offer opportunity to collect for future play. Stop Loss if $2.00(Uptrend Line) is violated with volume.For stage 2 counter we recommend you to set a Trailing Stop to protect your profits just in case there is a big pull back.
IJMPLNT—Very Bullish stage 2 of the cycle and trading inside an uptrend channel.Higher High and higher low, now the channel is $3.74 to $4.04 and rising. As long as the channel is not broken enjoy your ride on IJMPLNT. Some traders may buy near support and sell near top of the channel, Stop Loss if the channel is violated.
Inwest88 - Congrats on your locking in part profit on Weida. You sold at a very good level. Fiamma surged again today; saw it in gainers' list. I cleared Eg at 93 today. Thanks so much for your recommendation. Made 2 rounds on this counter.
Profitman - Thank you for doing TA on Eg for me and Inwest whereby you stated that if it can breach high of 83.5, TP will be 93.p, so I keyed in to sell at 93 last night. Was rather apprehensive at first when you reiterated, never let your gains be wiped out but upon taking closer look, noticed it was trending up very nicely with higher lows registered. Therefore decided to hold on and only cleared today.
Once again, thanks to you both for instilling confidencd in me and enabling to make some profit from my trading.
Inwest88 - Did you re-enter Siggas today? Tm932 this morning told me Siggas looks nice but when I checked, there was hardly any volume. It only surged in late afternoon and was not in my Watchlist. Thus no chance to buy.
nana88, I know that you are still holding Seacera like me and i have advised you to set a Trailing Stop to try and ride on the profits as long as possible.
But Seacera hit a high of $1.18 today and formed a Doji Star at top and this normally imply Price Reversal. Even though it still need tomorrow candle to confirm the reversal but i might be start selling if $1.18 can not be taken out.If it can take out $1.18 i will still ride on it. I have also raise my Trailing Stop at $1.16 to protect my profits.
The counter is still very bullish but i trade differently and does not like to go through any big pull back.Do make your own decision as my cost could be much lower than yours as i bought in Seacera before breakout.So do set your own exit point OK?
tsy88 - got 6.5 lots of OSKVI (pre-keyed in), that's all. Cleared the other 50% of Weida at 1.79 after it dropped back. Now back to working life after a lay-off of 15 months, thus no time to do fun trades. In fact just gone through the stocks and Siggas is one of my picks. The other 2 are still Priva and Pasdec (but have to look at the their behaviors tomorrow).
Dlyc-Siggas Currently Siggas is very bullish, momentum picking up pace with healthy volume. Prices has surpassed upper Bollinger band of 0.725, spurring share prices higher. Moreover, reading from all oscillators shows that share prices are gaining stronger buying momentum at accelerating velocity. Hence, further upsides are targeted at 0.76,0.835 and 0.90, with a long term objective of 0.975. Immediate supports are 0.665 and 0.64. Cut loss below 0.61. Happy trading.
Hi humble_bee, MRCB: This stock is very bullish after broken out above $1.67 on 23/06 with volume. It had some pull back due to heavy selling on the following few days before resuming upwards. Today it reached TP1 - $1.75/1.76 (after breakout) with some volume. It needs to break $1.77 to scale higher to reach the next TP - $1.81. If it retraces, the immediate support is at $1.74, follows by $1.67 and $1.59 respectively. Stop loss at $1.59 if violated with volume.
Stage 4 which is still very bearish now. A white candle occur on 2/7 which is today may indicate the price reversal. A break above $0.19 with volume signal Trend Reversal and to try its 0.22/0.24 and 0.28. May found immediate support at 0.14. Strong support at 0.11. Cut loss if 0.11 is violated.
Sideways consolidating between $0.115 and $0.145 . Must break above $0.145 for Trend Reversal to test 0.165 and TP1 is 1.75. If you are trading inside the Rectangle, do set your Stop Loss if $0.115 is violated with volume as the next meaningful support is at $0.10
For us TA when a Doji Star occur at top we take notice and start to monitor closely. As i said in my earlier post to lottolearn, i normally use the Trading Stop to ride on the winner. But a possible price reversal candle may make me sell into strength instead of letting it hit my Trailing Stop. Whether it will go back $1.18 no one know, but one thing for sure if $1.18 cannot be taken out i will be taking in all my profits.
Mohd Alwi - nexgram: After an uptrend it's now currently trading inside a rectangle between, 0.11 and 0.125. Support levels are 0.11 and 0.101, resistance levels are 0.125 and 0.135. If there's a breakout from the resistance level 0.125 with volume, it will retest it's next resistance level, and shall resume it's uptrend movements. TP at 0.15 and 0.165. Stop-loss at 0.09.
livermore - ideal: Have a resistance level of 0.315 and 0.355, support level of 0.265 and 0.22. It's now consolidating in between 0.265 and 0.315. Any breakout from the resistance level of 0.315 will re-test it's 0.355. Stop-loss at 0.22.
As for small-cap pick, we favour Mitrajaya (TRADING BUY; TP: RM1.13) as this under-researched stock is one of the quality small-cap contractors that is worth considering given its visible earnings growth prospects. Mitrajaya’s earnings reached an inflection point in FY14 as its order book reached an all-time high of RM1.2b (3.3x to FY13 revenue), 140% higher than the previous high of RM500m. Based on our conservative analysis, we forecast Mitrajaya’s core earnings could at least record high double digit net profit growth of 52% and 31% in FY14E and FY15E, respectively. More importantly, valuation-wise, we perceive the stock’s current price has yet to fully reflect its growth prospects, trading at only 7.2x against peers’ average of 9-10x. 02/07/2014 20:22
Nana88, you are amazing still holding on Seacera like bro Matrixcool. I read on bro Matrixcool post to you on Seacera and I think you are so lucky to have him to guide you. Too bad I sold mine too early.I must learn from him too. Chooilooi,Mitrajaya can buy ? Dear TCb, can read chart of Mitrajaya? Thanks
Ictay81...gd morning..how is yr trade on silk?...keladi...consolidating now,buy on slight dip for next upleg..minimum target 0.42.stoploss on close below 0.32.
Lottelearn, congrats on your gain. I did sold most (still have bal 30%only) and then the price continue to surge but no regrets. Never look back cos money in the pocket is better than paper profit. Previously, I have had seen my gains turning into huge loss because of greed. :(.
And yes, we are all very lucky to have bro Matrixcool to guide us. The TCB team are very, very, very ....kind, generous and they help/guide us unconditionally.
Trustme932, Thanks for your advice on Sealink, have sold at 0.675. Am small kaki looking for some pocket money, but sad to say mostly losses, lol, and still stuck with Sona. Just come across this thread and hope to recover with help from your team here. Looking at Keladi now.
nana88 & lottolearn , Thanks for the kind words. TCB is set up with one purpose only, that is to help those that need TA for their stock. Even though TA is not 100% but we wish we could provide a guide for trader that needs help.
nana88, Seacera i had cleared some at $1.13 to lock in my profits.
Elsa-Rcecap After consolidating for awhlie its at bullish stage now.Accumulation can be notice with healthy volume since ystr.Momentum is picking up.Once 0.36 is broken above the bollinger band it might scale higher towards resistance of 0.375 and 0.39.There are lots of rumuors on this ctr but we only focus on TA.
Immediate supports can be seen at 0.34 and 0.33. A stop loss if 0.32 is triggered. Happy trading.
Trading in a symmetrical triangle. It is seeing good support at 0.32 and should find further strong support at 0.305. The immediate resistance of 0.345 has been taken out today and is now attempting to overcome the 0.37 resistance before heading towards 0.39. It has broken out of its symmetrical triangle today but as always, traders usually wait for at least 3 trading days to confirm the breakout is valid. If it is valid, then it is a bullish breakout. You may want to consider a stop loss at 0.31.
winwinborn - I understand. All request are noted but sometimes our team members may be tied up with their corporate meetings and other stuff, so, there might be some delay. Thank you for your patience and understanding.
trustme832 - many apologies. Didnt see your message as I have gone to work already. Nevertheless made some fast trade money today - before I left bought some Saudee at 49.5 and immediately keyed in to sell at 51.5 but not all done. The rest sold at 50.5. Siggas and Pasdec were my picks (as told to tsy88) but did not go in. Normally I go off at 9.20 am.
shukriechek > Jul 3 Dear TCB.Is it right time to buy Binapuri?
BINAPURI Stage 4 of the cycle ended on 06/05 at a low $0.65. It is starting what we refer to stage 1 of the cycle trading inside Rectangle of $0.66 to $0.70. For stage 1 cycle normally traders like us will never participate and if you are thinking of bottom fishing remember to set your Stop Loss if $0.65 is violated. It needs to breakout with volume and stay above $0.70 to start what we call the Bullish stage 2 of the cycle.
Effectively broke out on 5/6 to scale a high of 1.43 on 16/6 before consolidating into a flag formation. It has broken out of this pattern on 1/7 at the break out point of 1.24. Immediate resistance is at 1.30 while its major resistance is at 1.43. Immediate support is at 1.24.
In order to determine if the break out is valid, the volume on break out should be high which isn't the case here. So, it is best to monitor its volume and price movement over the next few trading sessions to confirm its validity. When break out volume is not sufficiently high, it may not be sustainable.
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"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 .