Posted by tsy88 > 2014-07-14 17:20 | Report Abuse

Inwest88 - I entered Ewein at 59.5. Keyed in 64 to sell but not done. Came down so fast!

Posted by elsa > 2014-07-14 17:59 | Report Abuse

Dear TCB,

Kindly advise REDTONE and its target price. Thanks in advance!

Posted by nicholasnwh90 > 2014-07-14 19:20 | Report Abuse

Hi TCB,

Can kindly assist with the chart reading of WING TAI MALAYSIA BERHAD?

Thanks in advance!

Posted by inwest88 > 2014-07-14 21:22 | Report Abuse

tsy88 - on Ijacobs, I reckon it will come back again unless the deal cannot go through. As for Ewein, it will be a different animal once it ventures into property. Just look at E&O. And lastly Mikromb, it managed to reverse its trend strongly in the afternoon.

Posted by Lz Lee Weiping > 2014-07-14 22:02 | Report Abuse

nicholasnwh90 - WINGTM:
Bearish and lack of momentum to drive the price up. Currently consolidating between 2.10 and 2.16. Support level are 2.10 and 2.07. Resistance level of 2.16 and 2.19. If it breakout from 2.16 with volume it will re-test 2.19. Stop-loss at 2.07.
On weekly chart: Symmetrical triangle breakout and down on 29/11/2013.


elsa - REDTONE
It has been posted by SF, yesterday.

Posted by stay_foolish > Jul 13, 2014 04:31 PM
Redtone- Stage 3: Distribution stage. In midterm, it is expected to trade between $0.71 and 0.79. The momentum is picking up but need to break above $0.79 in order to test previous high at $0.86. Immediate support is $0.71/$0.72. Cut loss if $0.69 is violated. Monitor it closely =)


Happy Trading~

Posted by tsy88 > 2014-07-15 07:49 | Report Abuse

Inwest88 - Good morning. Just woke up and saw your posting. Slept early.

Re Ewein, went ex on 14 March with a rights/bonus issue and adjusted price is 63. Yesterday, it still did not break 63 with intra day high of 62.5 done. I consider Ewein as a laggard stock.

Take a look at Kgb. Like Ewein, went ex on 11 June with bonus/free warrants issue. Adjusted price is 45 and has never breached this level. It surged 3 cents to 43 yesterday. Another laggard but it is ace market share transferred to main board.

Re Ijacobs. As you pointed out, if deal is positive, should be able to at least break 40 or its high in coming days. Lowest level it retraced from its high was 37 but lately did not re-visit this level. Therefore crucial for it to stay above 37.

Re Mikromb. Closing at its high yesterday is a good sign. If it can breach 31, may have chance to see 35 or even penetrate that level like Sunzen. Have keyed in 35 to sell. Will adjust if not done.

Have a nice day. Almost thought it is week-end now!

Posted by tsy88 > 2014-07-15 07:59 | Report Abuse

Inwest88 - Have not keyed in for Ijacobs and Ewein to sell yet. You really have a knack for spotting shares and transacting quick fun trades. Didnt even noticed that Ppg surged until you mentioned! You earned more than duit kopi and beer! Congrats.

Posted by inwest88 > 2014-07-15 07:59 | Report Abuse

tsy88 - good morning. Very pertinent points indeed on the 3 stocks. Agree to a certain extent on Ewein but it's not entirely like KGB as the latter is quite frequently played up for a day or two and then drops back. If you look at Ewein, the volume in the last 2 trading days, I reckon, is more than what was done in a year. Unlike KGB this is not a "goreng" stock and I see great potential in its growth and development in the property sector and thus I would be probably keeping this one over the medium and long term. On Ijacobs I am setting 37.5 to 38 sen as my cut loss exit point. Mikromb is definitely for trading.

Posted by speakup > 2014-07-15 08:00 | Report Abuse

Redtone distribution? What sort of TA are you using? The way I see it, it is ACCUMULATION!

Posted by speakup > 2014-07-15 08:01 | Report Abuse

time will tell whose Kung Fu stronger.... TCB or Speakup kungfu :-)

Posted by tsy88 > 2014-07-15 08:17 | Report Abuse

Inwest88 - Yeah. Ewein is normally scarcely traded. Fully agreed. Capable of surging a lot in a single day. But if I am not mistaken, I find that the PE for this company is very high.

Posted by inwest88 > 2014-07-15 08:24 | Report Abuse

tsy88 - like I say, for Ewein it's the potential growth (transforming into a property player) I am looking at and not the current business which like you noticed gives a high PE.

Posted by tsy88 > 2014-07-15 08:31 | Report Abuse

Inwest88 - One more point on IJacob, I noticed that it comes back strongly towards the closing. Went down again to 38.5 before setting time. Last done level was 39 but locked and closed at 39.5! Based in this, I feel that the stock is very strongly supported and should come back. A matter if timing only.

Again, my opinion only. May be wrong.

Posted by tsy88 > 2014-07-15 08:34 | Report Abuse

Inwest88 - should be "A matter of timing only", and "Based on this,"
As usual, making so many spelling errors. Apologies!

Posted by tsy88 > 2014-07-15 08:36 | Report Abuse

Inwest88- Got your point on Ewein.

Posted by inwest88 > 2014-07-15 10:06 | Report Abuse

tsy88 - there's is still some periodic selling in Ijacobs but well absorbed. I see this O&G deal is better some of the others and is just a matter of time before it resumes its uptrend. I may be wrong though. It depends on what the O&G experts perceive.

Posted by profitman > 2014-07-15 11:08 | Report Abuse

speakup - Thank you for sharing your opinion. We appreciate your comments. As we have always maintained, this is a thread that we do not only share TA readings but is also a forum for the exchange of ideas and information and constructive criticism with the sole common purpose of making money from the stock market.

As different people read and analyze TA differently, there can be differences in opinions and analysis. On Redtone, we agree with you. Based on the daily chart, there is a price/acc.dist vol divergence, indicative of some accumulation taking place in the market. However, this divergence is not reflected in its medium term outlook.

Thank you for your comments which we graciously accept with an open mind. Happy trading and we hope you have a very profitable week ahead.

Posted by inwest88 > 2014-07-15 21:19 | Report Abuse

profitman - You have my respect for being such a gentleman in the manner you handle the above issue.

Posted by tsy88 > 2014-07-15 21:40 | Report Abuse

Inwest88 - Cudnt agree with you more!

Posted by tsy88 > 2014-07-15 21:52 | Report Abuse

Profitman - Hats off to you. Splendid reply!

Posted by Nana88 > 2014-07-15 21:57 | Report Abuse

Agree with inwest88 and tsy88. Profitman, great work you've done, my respect to you and the TCB team who have contributed positively to the thread.

Posted by inwest88 > 2014-07-15 22:22 | Report Abuse

Newman - sorry, just back (out for a while) and saw your posting. How are you doing ? Ready to go for your holidays ? As you know I rely on my own observation to pick some stocks for beer money - nothing as compared to your tips give to the others. Happy trading tomorrow.

Posted by inwest88 > 2014-07-15 22:26 | Report Abuse

tsy88 - will be looking at CCK again and probably PPHB too ! Jaks looks tempting but has gone up too much and too fast and not my policy to chase. Good night !

Posted by profitman > 2014-07-16 00:13 | Report Abuse

inwest88/tsy88/nana88 - thanks for your kind words. I am a firm believer in freedom of speech and in TA, just like in everything else in life, there are always 2 sides to a coin. Some take a short term outlook while others a medium term outlook. So, it is really an issue of perspective with no one being right or wrong though.

Also thanks to people like you who continuously share your trading ideas. I am and still am totally impressed by your selection of stocks.

Posted by Danke > 2014-07-16 00:33 | Report Abuse

Hi TCB,kindly advise for mpay. Tq

Posted by tsy88 > 2014-07-16 07:30 | Report Abuse

Inwest88 - Good morning. Just saw your posting. Cck new high recorded. Pphb also registered new high. Tm932 likes Pphb and says it looks good.

Today Dolomite will definitely surge as Bones recommended at 12.06 am. Seems same shareholder as Ipmuda. He says it should go above 50 and short term TP is 65. So we can expect it to gap up today.

Posted by inwest88 > 2014-07-16 07:44 | Report Abuse

profitman - good morning. Just giving due credit. As I always advocate in 932kaki, in a public forum we have to be mindful in the language and words used. There is no point being rude or offensive which may upset or hurt the feelings of others.

Posted by inwest88 > 2014-07-16 07:48 | Report Abuse

tsy88 - good morning. Yes the 2 stocks closed high which could possibly mean (hopefully) that the engine has just started. Again, I would not chase if the gap up is on the very high side.

I have played Dolmite before and mentioned earlier that it was in my list but because such stocks may be 1 or 2 days play, I did not want to dabble in it. However this time it looks he momentum is still there for further play.

Posted by tsy88 > 2014-07-16 08:16 | Report Abuse

Inwest88 - Dolomite for sure will go above 50 on opening. If gap up price is too high, no point to chase. Instead may opt for Ipmuda. From 1.60 high, it has pulled back to 1.45 and today is forced selling for high of 1.60 done. I think 1.45 is a good level to enter today. I have observed that this stock comes sfter fs and hits another high. Cut loss is 1.40 from my observation.

Posted by inwest88 > 2014-07-16 09:08 | Report Abuse

tsy88- just to let you know that I cleared Mikromb at 32.5 sen (for those bought at 29 sen last Friday. Keeping those at 29.5 sen.

Posted by inwest88 > 2014-07-16 09:08 | Report Abuse

tsy99 - leaving for work. See you later.

Posted by trustme932 > 2014-07-16 10:38 | Report Abuse

TSY...re pphb,it was 0.88 when I told u it looked good..cant chase now.

Posted by trustme932 > 2014-07-16 10:56 | Report Abuse

tsy88..go for ta now..its not too late.stoploss at 0.97

Posted by lottolearn > 2014-07-16 11:42 | Report Abuse

Bro matrixcool, your PW break $.143. I sold mine earlier at
$1.40 earlier. Still can buy?
Thanks

Posted by pathew > 2014-07-16 12:27 | Report Abuse

hi guys, been a long time since I last posted here :P How are you guys?
anyway, just wondering if anyone can give some reading on the following to confirm my takes:

inari, ijacobs, ideal, daya

Posted by trustme932 > 2014-07-16 12:56 | Report Abuse

Pathew...for inari...look at INARI thread re my posting

Posted by tsy88 > 2014-07-16 13:44 | Report Abuse

inwest88 - Dolomite gapped up as what I expected. I cleared Mikromb 50% at 32 and queu balance at 35. Didnt buy Cck nor Pphb. Instead I bought Ipmuda at 1.44 and Pw at 1.44.

Posted by profitman > 2014-07-16 15:13 | Report Abuse

pathew - we are doing fine, thank you. Great to see you back.

Daya:

Bearish. Broke out from its rectangle trading on 8/7 when the support at 0.31 was broken with volume. Support is now at 0.27 and could find strong support at 0.255. Immediate resistance is at 0.31 and 0.355 respectively. It is currently well supported at 0.28.

Posted by yoda88 > 2014-07-16 16:28 | Report Abuse

pathew-Ijacobs
Inwest88 - One more point on IJacob, I noticed that it comes back strongly towards the closing. Went down again to 38.5 before setting time. Last done level was 39 but locked and closed at 39.5! Based in this, I feel that the stock is very strongly supported and should come back. A matter if timing only.

A good reading frm Inwest on Ijacob,tks for the input bro.
Daily and hourly charts shows strong support at 0.38@20MA level and its at a consolidation mode at the moment. Accumulation can be notice.
Watch out for volume and momentum as this stk moves quite fast once momemtum takes off.
Resistance can be found at 0.415,0.44 and 0.49.
Immediate supports are 0.395 and 0.38.
A stop loss can be considered if 0.38 is violated.
Happy trading.

Posted by winwinborn > 2014-07-16 17:26 | Report Abuse

Hi Profitman,
Can help to look which wave for Iris now? Thanks

Posted by inwest88 > 2014-07-16 18:58 | Report Abuse

yoda88 - the posting is not from me. it's tsy88.

Posted by tsy88 > 2014-07-16 19:01 | Report Abuse

Dear TCB - Appreciate TA analysis on Ipmuda and Pphb. Thanks.

Posted by inwest88 > 2014-07-16 19:02 | Report Abuse

tsy88 - always good to lock in profits. I entered pphh at 90 sen in the afternoon when I saw it rebounded

Posted by inwest88 > 2014-07-16 19:12 | Report Abuse

trustme932 - saw your posting here. Hope you are doing fine !

Posted by tsy88 > 2014-07-16 19:14 | Report Abuse

Inwest88 - tm932 told me to buy Ta at 1.00. Room for 5 -7 cents gain. However did not enter as I had bought Ock at 1.44 which was also recommended by him. I cleared balance of Mikromb at 31.5.

Posted by tsy88 > 2014-07-16 19:27 | Report Abuse

Inwest88 - Pphb very strong comeback to close at 91. Today's total volume transacted is very heavy. Hopefully well absorbed in coming days. I bought Pw because it recorded new high and Matrixcool had mentioned if it can break 1.43 high, possibility of 1.50 - 1.55 Tp can be achieved.

Posted by tsy88 > 2014-07-16 20:23 | Report Abuse

Yoda88 - Not reading but just from my observation only as I had bought Ijacobs at 39 together with Inwest88 and thus had to monitor it closely. Anyway, am flattered. Thank you.

Posted by inwest88 > 2014-07-16 20:30 | Report Abuse

tsy88 - i have been monitoring PW also and although I find it good, I let it go as being a small investor I go for cheaper stocks which can fetch me higher percentage gains (of course it can be the other way around). For trading I seldom go for stocks priced higher than RM1 though at times I do do like Weida, BHS etc.

Posted by inwest88 > 2014-07-16 20:31 | Report Abuse

tsy - was also thinking of selling the rest of Mikromb at 31.5 but notice d it was holding on. Probably will clear tomorrow morning. Hopefully the market is still okay !

Posted by NewMan > 2014-07-16 20:43 | Report Abuse

inwest88. still shouting here. you taken your dinner.