"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 .
Maybe I have offended you or somewhat. If so, I apologise. However, if you do not wish to communicate with me anymore, then rest assured I wont disturb you again. Can understand.
Would like to thank you for sharing your stock picks with me and all at Tcb. Really cant express my gratitude.
All the best to you and hope you keep on with your winning streak and able to indulge in more fun/quick trades.
tsy88 - inwest88 could be busy. As i know him, he makes it a point to respond except when he is busy. We at TCB greatly appreciate your presence here as well as your contribution and we look forward to your presence. Wish you a profitable day ahead.
tsy88 - I posted a good morning message in you but in the wrong thread (just deleted) Apologies. Then went out and now only back. You have not offended me in any way, nothing at all. Moreover I do not get offended so easily. Life is too short for for all petty and trivial issues. You don't get any joy in being angry with someone.
Ptpfitman (thanks) knows me well from my 932kaki thread days where I respond to each and every message unless I am not in front of the screen.
Today didn't do any trade in view f the long break. Waiting to sell the rest of Ijacobs. Happy to see Guoco rising these few days. Was asked to buy at the 1.10 level by one of my e-friend KC Loh at that time before he stopped posting. He's good at picking FA counters like MFlour, Gadang etc.
courage - THHEavy-WA: it has come under profit taking pressures after the gap up on 21/7. It should have strong support at 0.42. You may want to set a stop loss at 0.41 in case the strong support gives way. I don't know your entry price, but there does appear to be a slight hint of a bullish divergence in the price/Rsi indicator in the short term. The resistance going up will be at 0.455. As you know, warrants usually tracks the movement of its mother share. THH has been sold down for sometime so it is not surprising to see profit taking activities when it gaps up.
Sona-WA: This is also in a similar profit taking situation to THH-WA. It should find support at 0.265, which is the level it is currently testing. If broken the next support is at 0.255. Resistance is at 0.29. There is no divergence here. The mother share is expected to go into consolidation and you can probably expect the same with the warrant in the near term.
trustme932 - not bad I would say although had to cut 2 counter for a 1 to 1.5 sen loss. Glad to see Mulpha started to move as I have been holding for years. You reckon it will still rise ? Also how you see Mexter. You too have a great holiday break.
cityplus, rocas, russtieluv - welcome and thank you for dropping by. We will do the chart reading for you good people over the holidays.
russtieluv - you are most welcome here and if you have any information or trading techniques that you wish to share, please feel free to do so. We not only share TA but also FA, market information and opinions as we believe in learning from each other. Please do not take our chart reading as a buy or sell signal as the final trading decision rest with you.
Some visitors were wondering if we have a hidden agenda or ulterior motive for reading charts for FREE while others charge a fee for it which they are absolutely entitled to charge. Please be rest assured that we do not have any hidden agenda or ulterior motive and we do not sell anything. Many of us at TCB have a history of having lost a lot of money in the share market and this is our way of giving back to society and to genuinely help traders especially newbies, so that they do not lose a fortune in the market like some of us. Afterall, all of us make hard earned money.
russtieluv - rest assured that the people giving their TA views are genuinely keeping others to be better informed before making a knowledge to buy or sell. There is no recommendation to buy or sell. At the end of the day you have to make the final decision in your trading. Happy trading.
Invest88...0.58 1st bus stop but only temporary n also a strong signal for next test at 65 med -long term.On completion of stage 1 tp 65,the next med long tp wud be 90 which wud come v quickly once it breaks 65 n it will come!As for Mextet,i will do some homework during the weekend n will let u know,ok?Ciao!
cityplus - MALTON: Stage 2 of cycle. Bullish. After consolidate between 0.98 and 1.04, it breakout with volume on 02/07/2014 and now it has formed bullish pennant formation, the breakout point for the pennant is 1.10. It has an immediate resistance level of 1.10 and a resistance level of 1.13/1.14, the support levels are 1.02 and 1.04. If there's a pennant formation breakout accompanied by volume it is expected to re-test the resistance level of 1.13/1.14. The TP for MALTON is 1.20 and 1.23. Stop-loss at 0.98.
Dear Tcb - good morning. Kindly advise on the following:
Landmark - is current level a good entry point? Systech - is it in stage 2, therefore bullish now? Dolomite - current level should pose limited downside?
Appreciate your analysis on the abovementioned. Thanks.
Thanks you very much for your help on MALTON, I get confuse for the resistance level, should follow 1.10 or 1.13/1.14? Many thanks for your guides to a newbie her :)
Dear frens,safe journey on the road, Selamat hari Raya to all our Muslim frens n families and a happy holidays to all Malaysian.On behalf of TCB, I wud like to take this opportunity to explain that we are here just to share chart reading similar to those NGO's out there and we do welcome traders with experience in TA and FA to dropby n share your views too.
Dear TCB, Please advise SKPETRO. Bought $4.40 they said target $5.60 but keep dropping, what happen? bro Matrixcool, just read your email.Sorry again bro. Thanks bro and enjoy your holiday.
Dear TCB.. M newbie here.. But already burn my fingers on a few wrongly picked counters. Would like to join your mailing list and the forum to learn more and try not to loose.. Again... I wish y'all would help..Thank you..
Inwest88 - just saw your posting. Good for everybody to have this long holiday break. Will really have a lot of time to run through the stocks.
Will be visiting some malay friends during hari raya. Also will excercise as lately too engrossed with stocks monitoring, thus lack of exercise.
Just to let you know that my friend told me to buy Dolomite. He said something is brewing. This source is quite reliable. In fact he had informed me to buy it day before Bones posted on his blog, thus no opportunity to buy as it gapped up too high. Now I see this pullback as a good level to enter. On Friday, he again emphasized on this counter and indicated that next month Dolomite will surge. I intend to buy some to hold.
Hope you will enjoy this long holiday break. Seldom do we have so many days off in a stretch.
tsy88 - I am still holding Dolmite bought at 48 sen. Having said that, although your friend has good intentions asking you to buy , it would be better that you still do some study. I was also asked by someone to buy Mexter not long ago but seeing that its financials are poor I just went in some at 12.5 sen. Surprisingly it touched 15.5 sen on Friday. Thus I requested TM932 to take a look at the chart so that I can make a decision to hold on or sell.
Inwest88 - had requested Tcb to check on Dolomite. I reckon at worst, it should not go below 40. Had monotored it after you mentioned it in one of your stock picks for consideration recently. Company is also making profit and share spread is very little. Moreover, it has same shareholder as Ipmuda and he had been accumulating Dolomite in the open market lately.
In view of this, I think it is worthwhile to invest in this stock.
As for Mexter, another friend of mine has been holding this stock for years! Hardly moved and now only starting to pick up momentum. You are very lucky to go in at the right timing.
tsy88 - I did a study on Mexter and although it meets my criteria I only went in dome because I see its financials are not encouraging. But again when there are news, it can still go up.
Inwest88 - a lot of ace market stocks are trending up and posting handsome gains percentage wise. Had wanted to buy Nova when it was only 6.5 but because company had been in the red, decided against it. Now it is 13.5, giving 100%:gain if had bought at 6.5! Had also wanted to buy Priva at 10.5 but did not. Now Priva has gone up to 16!
There are still a lot of laggards yet to move up in tandem with those that have risen substantially.Would be a wise move to go for laggards.
Property stocks have surged tremendously, some by leaps and bounds. Just look at Shl, in the space of less than 4 trading days, has really spiked.
Very hard to judge our market now at the present stage! What say you???
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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 .