Posted by profitman > 2014-07-23 10:25 | Report Abuse

novice8 - Ipmuda:

Under consolidation since it hit a high of 1.60 on 9/7 after the gap up on 3/7. Immediate support is at 1.34 with further support at 1.21. Resistance going forward will be encountered at 1.48 and 1.60.

Posted by Nana88 > 2014-07-23 12:04 | Report Abuse

Profitman, thanks you, in that case I shall monitor first. Have a profitable day!

Posted by ikyn > 2014-07-23 14:08 | Report Abuse

Dear TCB.
Pls give opinion on Glomac .Stuck in this counter for years .TQ in advance guys . Really appreciate it.

Posted by lottolearn > 2014-07-23 15:05 | Report Abuse

Dear Bro. Matrixcool,

Thanks for SMRT and it really move. I sold 50% already at $0.80(Your TP1) and want to know how to set Trailing Stop for the other 50%?
I bought also K1 and AAX.
The other counties too expensive for me.
Thanks Bro.

Posted by novice8 > 2014-07-23 18:31 | Report Abuse

dear sunlight & profitman! tqvm!!!

Posted by stay_foolish > 2014-07-23 21:36 | Report Abuse

Sunflower22

Symlife

In Weekly Chart, stage 2 of the market cycle which is still bullish. On 25/04, formed Dark Cloud pattern which indicate Price Reversal and may find immediate support at $1.02 and strong support at $0.935.

In Daily Chart- It breakout from the Rectangle Consolidation of $1.02 to $1.08 on 21/7 which carries an immediate estimated target of $1.14, $1.19 and $1.22. Today formed a black candle which show weakness on the uptrend. RSI shows weakness as well. Need to stay above $1.08 to confirm the uptrend. If $1.08 is violated with volume, it may enter back to Rectangle Trading of $1.02 and $1.08.

Happy Trading

Posted by Gji Gan > 2014-07-23 21:58 | Report Abuse

Dear tcb, please advise on SILK, thanks.

Posted by RedEagle > 2014-07-23 22:02 | Report Abuse

Dear all,

XDL good prospect or not? Reach limit down already? Anyone know the real TP for XDL?
Thank you..

Posted by lim88 > 2014-07-23 22:04 | Report Abuse

redeagle..........the stock market no have real TP...only has trap TP.....

Posted by matrixcool > 2014-07-23 22:06 | Report Abuse

Posted by lottolearn > Jul 23, 2014 03:05 PM | Report Abuse
# Dear Bro. Matrixcool,
Thanks for SMRT and it really move. I sold 50% already at $0.80(Your TP1) and want to know how to set Trailing Stop for the other 50%? #

Firstly, I would like to thank those that emails me because of SMRT, your kind words touch me and I am very happy many of you lock in profits on SMRT today near to my TP1 of $0.80.

lottolearn--A very valid question, we at TCB encourage traders to set a Trailing Stop when you are riding on a winner. The reason being by setting a Trailing Stop you do not need to go through the agony incase there is a Big Pull Back. You do not want to sell too early and try to ride on the profits as long as you can so a valid Trailing Stop is very important.
For SMRT I have locked in partial profits at $0.795/$0.80, I am just sharing my method of trading and you can set your own Trailing Stop if you want to. You may set the Trailing Stop at:
a) It broke its previous high of $0.755 (now turn immediate support) so 1-2 bids down from $0.755 is acceptable.
b) The actual trend reversal is when it breaks $0.745 (Now turns to very strong support) so 1-2 bids below this is also acceptable.
c) Some may opt to wait for a price reversal signal from candlestick which is none at the moment.

Hope this helps.

Posted by Luxp > 2014-07-23 22:17 | Report Abuse

Bro Matrix I must have missed your write up on Smrt .i bought some last afternoon but did not sell any . Can I pl know TP 2 after TP 1 of .80sen ?will follow trailing stops discussed above . Pl bro Matrix .thank you .

Posted by sunlight > 2014-07-23 22:24 | Report Abuse

Hi gary1122,
TAMBUN:
It is in bullish Stage 2 of the cycle. After hitting the high of $2.64 on 17/07, it had some healthy correction until to the low of $2.46 yesterday. Today price movement may indicate that it has found a temporary support at $2.46. Notice that it has also filled up the small gap resistance formed on 16/07. If so, it may present opportunity to collect for future play. If not, it will find the next immediate strong support at $2.41 (Resistance turns Support).
If it scales higher and breaks above the resistance of $2.64, it will try to reach TP of $2.82 and beyond (uncharted territory). Stop loss if $2.33 is violated with volume.

Happy Trading.

Posted by matrixcool > 2014-07-23 22:36 | Report Abuse

Luxp --You did not miss my write up because you were not in my mailing list. Those that receive my email earlier start to collect with me together.
SMRT should retest its TP1 again at $0.80, if break the next target is at $0.86 and beyond.
Remember Target is only a guide, do have an exit plan to protect your profits.
If you wish to be on my mailing list just send an email to me at:
matrixcool02@gamil.com (02 reads zero two).

Happy Trading

Posted by stay_foolish > 2014-07-23 23:37 | Report Abuse

Redeagles

XDL

Stage 4 of the market cycle which is very bearish.It is expect to trade between $0.175 and $0.255. The momentum is picking up and may test $0.225/$0.255. The problem is there are too many overhangs to clear. If you want to bottom fish, you may want to set your stop loss at $0.165.


Agreeed with Lim88. Target Price is just a guidance. We need to have a Trading Plan before we going in to buy any stocks.

Posted by sunflower22 > 2014-07-23 23:42 | Report Abuse

Tqvm, stay_foolish.

Posted by zx08 > 2014-07-23 23:44 | Report Abuse

matrixcool bro, can you have a look on GOB.. GOB seem technically will move soon.. have alook plz.. thanks

Posted by sunlight > 2014-07-24 00:24 | Report Abuse

Hi ikyn,
GLOMAC:
Sideways consolidating between $1.03 and $1.15. A break above $1.15 would indicate potential bullishness and will try to re-test $1.17 and thereafter, TP1 at 1.23. If it fails to break above $1.15, it will resume it sideway consolidation.
Immediate support is at $1.10 and $1.07. Stop Loss at $1.03 if violated with volume.

Happy Trading.

Posted by profitman > 2014-07-24 01:03 | Report Abuse

Gji Gan - Silk:

Bullish on wave 3. It has broken out from its flag formation on 18/7 where is has been consolidating. Support 1 = 1.10 ; Support 2 = 1.04. Resistance 1 = 1.19. If it clears 1.19 with volume, it could scale higher to its TP of 1.24. You may want to consider a stop loss price at 1.08.

Posted by gary1122 > 2014-07-24 01:14 | Report Abuse

Thank sunlight

Posted by tsy88 > 2014-07-24 03:08 | Report Abuse

Inwest88 - good morning.

Latest recommendation hy Bones is Lionfib. Short term Tp is 1.30. Of all his stocks recomnended, Lionfib is the only stock that is a laggard! Mentioned that it is grossly undervalued.

Expect it to have a huge gap up again so no point in chasing. Just to notify you,

Posted by tsy88 > 2014-07-24 03:28 | Report Abuse

Inwest88 - market seems to be very hot now!

Posted by rmkfac100812 > 2014-07-24 03:38 | Report Abuse

Dear TCB, can u advise on Etitech pls (2mths waiting..)

Posted by madhas > 2014-07-24 07:28 | Report Abuse

Dear TCB Abric acording 2 news yesterday a company want to takeover
Its business n Abric is a PN 16 comp. Because it is cash rich , can i enter

Posted by speakup > 2014-07-24 07:39 | Report Abuse

redtone 80sen! someone said it was distributing at 75sen, but i said it was accumulation. guess we know who was right :-)

Posted by inwest88 > 2014-07-24 07:50 | Report Abuse

tsy88 - good morning. Thanks on lionfib. Sold half of Ijacobs at 54 sen yesterday. Cut Keinhin for 1.5 sen loss and still holding on to Ancom and see it performs these 2 days. Taking a look at Penta and Dolmite.

Posted by tsy88 > 2014-07-24 08:03 | Report Abuse

Inwest88 - congrats on Ijacobs. You sold at a very price. Do not mention. Will keep you informed on Bones recommendation once I see it.
Penta looks like breaking new high.

I cleared Leesk at 21. Minimal gain only. Akso sold Ksl wa at 1.44 which I bought at 1.36. Yet to clear mother stock. Wont pick at this level as Tcb indicated it will correct from high of 2.85 to 2.53/2.48. Have not cleared Hovid yet. Keyed in 46.5 to sell. Does not seem to be making any headway.

Penta looks nice and with heavy volume traded. Dolomite retracement to current level looks attractive! Think should be a good buy.

Have a profitable day ahead.

Posted by tsy88 > 2014-07-24 08:09 | Report Abuse

Inwest88- I came across Newman's posting saying our market now having a bull run now till November with occasional pullbacks in between. He is leaving for holiday again this Saturday.

Posted by tsy88 > 2014-07-24 08:10 | Report Abuse

Inwest88 - leaving my house now.

Posted by Dlyc > 2014-07-24 09:43 | Report Abuse

Dear TCB, good morning. Please advice on KELADI. Thanks and have great day ahead.

Posted by pathew > 2014-07-24 10:13 | Report Abuse

Guys, have a look at CBIP.
Looks like it broke out from sideways pattern and looks to be testing immediate resistance 4.75 and all time high 4.480.

immediate support at 4.62 - 4.65 and strong support at 4.50.

Posted by matrixcool > 2014-07-24 11:51 | Report Abuse

speakup > Jul 24

redtone 80sen! someone said it was distributing at 75sen, but i said it was accumulation. guess we know who was right :-)

i think you did not get what he meant when Stay Foolish say it is stage 3 of the cycle. In the 4 stage cycles stage 3 is call "Distribution Stage" unless previuos high of $0.86 is taken ooff, then​it may carry on stage 2 of the cycle.
That Distribution stage is just a name.. ust to share more information on 4 sstage​cycle for you:

Stage 1--Accumulation stage
Stage 2-Mark up stage
Stage 3--Distribution Stage
Stage 4--Mark Down stage.

During Stage 3 which is REDTONE now on the ​weekly cchart, it​is ccalled​stage 3 or Distribution stage or you can call it any name you like.
During Stage 3 it can go back to stage 2 if $0.86 is taken off or it will start stage 4 if $0.61 is violated.

Hope this helps..

Happy trading

Posted by keshminder > 2014-07-24 13:50 | Report Abuse

Dear TCB, Opinion on Inari?....MFI and RSI nice.

Cheers

Posted by lottolearn > 2014-07-24 14:20 | Report Abuse

Bro. Matrixcool, thank for the trailing stop
on SMRT. I set my at $0.75. Try to learn to
trade like u.
AAX N LB both also nice.
Thanks brother.

Posted by speakup > 2014-07-24 14:20 | Report Abuse

u mean the stages. yes I know TA. but I was refering to somebody accumulating redtone at 75sen. sorry we all confused :-)

Posted by madhas > 2014-07-24 18:19 | Report Abuse

TCB -FRB bottom already?

Posted by Lz Lee Weiping > 2014-07-24 21:31 | Report Abuse

rmkfac100812 - ETITECH
Stage 1 of cycle. It's now trading between 0.065 and 0.075. It has a support level of 0.065 and 0.055, and a resistance level of 0.075 and 0.09. From what I observed, this stock seems to move something like this: consolidate --> very short-lived rise in price --> downfall --> consolidate again. Stop-loss at 0.055.

Posted by matrixcool > 2014-07-24 23:55 | Report Abuse

zx08 ,GOB—Stage 3 of the cycle, which is a distribution stage and sideways trading from $0.97 to $1.07.Unless $1.07 is taken out the stock is expected to trade inside the Rectangle. A break above $1.07 with volume may take it to $1.14 and $1.20. Stop Loss if $0.935 is violated.

speakup --I am happy you understand there is some confusion in the term we use to describe the cycle. Anyway, we appreciate your input on Redtone and happy that you are riding on the profits. Do monitor the previous high at $0.86 if break i think you are on a big winner.

lottolearn >
I just sent an email to you. I just found out you have quoted me on the other threads, please do not do so as it might confuse other readers that do not understand how i trade.

Happy Trading..

Posted by profitman > 2014-07-25 00:39 | Report Abuse

madhas - Abric:

We cannot advise you whether you can buy into Abric or not. You will have to make your own decision after weighing the risk and benefits based on all the information that you have on the company and its PN16 status. As you may be aware, a PN16 company will need to regularize itself in accordance with Bursa's requirement. At the same time, a takeover can be a catalyst to its future growth and you will also need to take into account the reliability of the takeover news.

Its immediate support is now at 0.615 and will face strong resistance at 0.725/0.73. Hope this helps.

Posted by profitman > 2014-07-25 00:46 | Report Abuse

pathew - thanks for the CBIP alert. Yes, it should be testing its high of 4.80. The only drawback is that it is trending higher on lower trending volume.

Posted by profitman > 2014-07-25 00:52 | Report Abuse

madhas - FRB is testing its support base at 0.70. It was sold down on 24/7 on above 30MA volume. I would probably suggest you monitor for a few trading sessions to see if this support base holds.

Posted by Luxp > 2014-07-25 06:09 | Report Abuse

Bro Matrixcool have you received my e mail ? Sold my Smrt yesterday at .775 sen .Will wait for your e mails for future trade . Thank you bro.

Posted by sunlight > 2014-07-25 07:44 | Report Abuse

Hi keshminder,
INARI:
Overall in uptrend mode but currently at sideways consolidating with expected trading between $3.22 and $3.40. A break above $3.40 would indicate potential bullishness and will try to move to a new high with TP at $3.58 and beyond in uncharted territory. Immediate support is at $3.22 follow with a strong one at $3.17. Stop Loss at $3.08 if violated with volume.

Happy Trading.

Posted by matrixcool > 2014-07-25 07:46 | Report Abuse

Luxp,

Your username here and your email may be different.
So sorry i receive many emails everyday, i hope yours has not been left out.
Can you email me again and quote your user name LUXP then i know is you.
my email is :
matrixcool02@gmail.com (02 reads zero two)

Sometime i need to answer those email queries in TCB here as I cannot answer each and individual email. Hope you understand.

Happy Trading

Posted by jennylee1382 > 2014-07-25 07:51 | Report Abuse

Matrix
I want your mailing list just send an email to me
jennyleeyl@gmail.com

Posted by lhoong > 2014-07-25 07:57 | Report Abuse

Matrix, glad to join your email circulation. pls send to lhoong68@gmail.com.
TQ

Posted by tsy88 > 2014-07-25 07:59 | Report Abuse

Inwest88 - good morning. Congrats on Ijacob.

Posted by tsy88 > 2014-07-25 08:02 | Report Abuse

Inwest88 - cleared Ksl at 2.83. No gain. Lost on charges a little bit. Hovid down.

Posted by Luxp > 2014-07-25 08:08 | Report Abuse

I fully understand bro .i also read this section several times a day. I have just sent my email address to you.

Posted by limjunie749 > 2014-07-25 09:10 | Report Abuse

Dear Matrix, I would like to join your email .Pls send to limjunie749@gmail.com , Can you pls help in Scomi and Barakah.Thank you

Posted by matrixcool > 2014-07-25 10:17 | Report Abuse

lhoong ,

Can you send email to my email address at
matrixcool02@gmail.com (02 reads zero two)

Regards