Posted by tsy88 > 2014-08-17 18:53 | Report Abuse

Inwest88 -

I think Ijacobs will surge on opening and thereafter pull back. Most stocks react that way when they re-open after being suspended. Better sell if it surges.

Re -Ideal. This stock practically rising every day and volume is not high. Definitely too high now at this point of time for entry. Would rather go Astino.

Posted by tsy88 > 2014-08-17 18:54 | Report Abuse

Inwest88 - would rather go for Astino.

Posted by johnny cash > 2014-08-17 19:24 | Report Abuse

http://www.klsescreener.com/v2/stocks/view/7172

NTA OF PMBTECH SHOWING 1.66... AT 1.81 I THINK THE SHARE PRICE IS OVERVALUED A LITTLE,, MUST WAIT FOR BREATHER

Posted by inwest88 > 2014-08-17 21:03 | Report Abuse

tsy88 - noted your input. i am looking at quite a number of counters but will shortlist to probably 3 or 4 at most. Good night

Posted by sunlight > 2014-08-17 23:05 | Report Abuse

Hi bonus,
MPAY:
I have posted on this stock recently:
Aug 14, 2014 12:16 AM
Hi 1million & bracoli,
MPAY:
After hitting a high of $0.335 but closed lower at $0.315 due to heavy selling on 08/08, it had some pull back to $0.295 today. A doji with longer lower shadow is formed today indicates potential reversal signal but further price movement on the next 2 trading days is needed to be monitored to confirm any price reversal. If it scales up, it will find immediate resistance at $0.31 and $0.325 respectively. Breaking and closing above $0.325 with volume will indicate a potential bullish breakout (buy signal). Any further weakness due to more profit taking will find immediate resistance at $0.29 and $0.28. Do take note that there seems to be some accumulation taking place since the last 3 days.
Stop loss at $0.275 if violated.

Update (17/08):
Still under consolidation. The price has retraced further down due to further profit taking and currently supported at $0.28. Immediate support and resistance remains the same.

Happy Trading.

Posted by Lz Lee Weiping > 2014-08-17 23:06 | Report Abuse

tsy88 - PJDEV & PJDEV-WC
PJDEV
Stage 2, Bullish. Support level of 1.95 and 1.90. Resistance level of 2.06/2.05. Any weakness from selling pressure will find a support at 1.95. It might retest the resistance level of 2.06/2.05, If manage to broke the resistance it will most probably head to the TP of 2.17 and 2.24. Daily RSI shows bearish divergence. Stop-loss at 1.86.

PJDEV-WC
Stage 2, bullish. Support level of 1.04 and 1.00. Resistance level of 1.08. If manage to broke resistance level of 1.08 it will head to an uncharted region. TP of 1.17 and 1.23. Stop-loss at 0.915.

gerministar00 - PANSAR
Consolidatiing between the range of 0.55 and 0.46. Resistance level of 0.55 and 0.57. Support level of 0.53 and 0.515. Stop-loss at 0.45.

Posted by yoda88 > 2014-08-17 23:33 | Report Abuse

cherry tomato-Arank
Since global aluminium prices have been trending upwards from February it has sparked a rally to our local aluminium stocks too.The rally of big brothers in the aluminium stocks has stir interest in Arank last Friday. Closing at a new high with a nice candle, the price has potential to surge further with a new resistance of 0.715,0.755 and 0.81.
Supports can be found at 0.67 and 0.65.
A stop loss if 0.63 is triggered.
Happy trading.

Posted by stay_foolish > 2014-08-17 23:38 | Report Abuse

amunia

Seacera

Posted by Matrix on Jul 30, 2014

SEACERA—Weekly Chart-formed an Engulfing Bear which implies bearish sentiment in midterm unless the bear height of $1.18 can be taken off.
Daily Chart—after hitting high of $1.24 on 09/07 It is under healthy consolidation with reduce volume. The recent breakdown below $1.07 was a concern and the new base of $1.04 is yet to be confirmed. Today it stage a technical rebound due to oversold position, any further rebound should meet immediate resistance at $1.12 and strong resistance at $1.15. It will stage a trend reversal if breakout from $1.15 and overcome the engulfing bear as mentioned in the weekly chart.

After reading on 17/08

Formed a Gravestone Doji on 14/08 which indicate Price Reversal. The Black candle on 15/08 confirmed the consolidation in near term. However, the Black Candle with low volume which indicate the consolidation is healthy. Any weakness may test immediate support at $1.16/$1.21. Any rebound may re-test the resistance at $1.29/$1.33. Break above 1.33 may test TP 1 at $1.40/$1.44. For Short Term Trader, cut loss if 1.16 is violated. For Medium Term Trader, Cut loss if 1.04 is violated.

Posted by yoda88 > 2014-08-18 00:00 | Report Abuse

sunflower22-Hevea
On a daily chart it has formed a bearish engulfing candle which shows some pullback since it keep uptrending from the 26th July 2014. Despite all daily oscillators are gaining downside momentum with an overbought situation, this is a favorite stock among fund manager as its going for a higher profit margin and possible for greater heights. Hence, share price is expected to continue its prior trend(long-term uptrend) after a short pullback and profit taking. Further upside are targeted at 1.795 and 1.89.
Major supports are situated at 1.62 and 1.58.
A stop loss if 1.52 is violated.
Happy trading.

Posted by sunlight > 2014-08-18 00:19 | Report Abuse

Hi rocas,
LUSTER:
Broken its resistance of $0.12 with good volume recently and has managed to scale up and closed at $0.13 the next day on last Friday. The immediate resistance is at $0.13 and once broken above it with volume, it will scale higher to re-test $0.14. The RSI momentum is picking up and the price has been closing above its upper Bollinger Band last 2 trading days. It is looking good in scaling higher. Breaking above $0.14 with volume will have potential bullish implication (buy signal) to scale higher to an estimate TP of $0.19.
Currently, $0.12 has formed a very strong immediate support (strong resistance turns support and due to the gap up on 14/08) and the next support is $0.115. Stop loss at $0.11 if violated.

Happy Trading.

Posted by bonus > 2014-08-18 00:26 | Report Abuse

Thanks Sunlight for the comment on Mpay. Appreciated.

Posted by ck > 2014-08-18 00:39 | Report Abuse

hi tcb,

Please take a look at OPENSYS izzit forming a Symmetrical Triangle? thank you.

Posted by tsy88 > 2014-08-18 01:36 | Report Abuse

Lz - thanks for analysis on Pjdev and its wc. Noted and appreciated.

Posted by tsy88 > 2014-08-18 01:49 | Report Abuse

Inwest88 - most appreciated.

Posted by tsy88 > 2014-08-18 01:51 | Report Abuse

Yoda88 -thanks for analysis on Arank. Noted and appreciated.

Posted by inwest88 > 2014-08-18 07:33 | Report Abuse

Good morning matrixcool, profitman, yoda88, LzLee, sunlight, stay_foolish and co. of TCB !

Posted by inwest88 > 2014-08-18 07:34 | Report Abuse

tsy88 - good morning. Watching Astino, KGB, Ecofirst today.

Posted by tsy88 > 2014-08-18 07:56 | Report Abuse

Inwest88 - good morning. Thanks. Noted and appreciated. Happy trading.

Posted by tsy88 > 2014-08-18 07:58 | Report Abuse

Inwest88 - Arank looks set to break high of 71 like Astino.

Posted by tsy88 > 2014-08-18 08:02 | Report Abuse

Inwest88 - hope you have more time now to to your trading especially fun quick trades.

Posted by inwest88 > 2014-08-18 08:02 | Report Abuse

Tsy88 - thanks . Will look at arank to see if it meets my criteria. All aluminium related companies are on rise. It could be just following the trend.

Posted by tsy88 > 2014-08-18 08:02 | Report Abuse

Inwest88 - leaving my house now.

Posted by tsy88 > 2014-08-18 08:04 | Report Abuse

Inwest88 - arank making money and share spread less than LBalum. Got to leave now.

Posted by sunflower22 > 2014-08-18 08:30 | Report Abuse

yoda88,

Tqvm for your analysis on hevea.

Posted by trustme932 > 2014-08-18 09:15 | Report Abuse

invest88..yr bottle of whisky is coming.

Posted by inwest88 > 2014-08-18 09:26 | Report Abuse

trsutme932 - Good morning you mean amprop. Will be looking forward to lock in profits.
Will be several bottles of whisky. Thanks.
Going out now.

Posted by profitman > 2014-08-18 09:29 | Report Abuse

inwest88, tm, tsy88 and all - good morning.

inwest - congratulations on amprop.

Posted by winwinborn > 2014-08-18 10:13 | Report Abuse

Good morning profitman & everyone here.

Need your view on Latitud latest development.

Much Thanks

God Bless.

Posted by Saif Bahar > 2014-08-18 10:48 | Report Abuse

Good Morning everybody in TCB,could you please take a look LCTH,is it healthy to come in,Tq have a nice day everybody.

Posted by pathew > 2014-08-18 11:33 | Report Abuse

morning all :) have a good trading day ahead!

Posted by novice8 > 2014-08-18 12:26 | Report Abuse

Mat! I had locked in profits in Scicom.. Another good spot from you!! hands down to you!! Like what you have shared with us in email, I think will collect on weakness for future play! Tqvm Mat!!

Posted by rocas > 2014-08-18 14:18 | Report Abuse

Hi Sunlight,

Thank you so much for the analysis. Really appreciate it. Wish you the very best with profitable trading days ahead.

Posted by profitman > 2014-08-18 15:14 | Report Abuse

ck - Opensys: Usually a symmetrical triangle that is less than 3-5 weeks old is called a pennant, a short term pattern.

Posted by Columbo > 2014-08-18 15:20 | Report Abuse

@winwinborn

G'Day, I've had a look at Latitud (as a Group) from an FA angle. Basically I skimmed through their previous audited, and published financial statements. On the surface, it seems like they are doing pretty cosily with their general finances, but there are some areas of concern, particularly cashflow wise.

First of all, let's get some of the things that look okay. They reduced their overall financing costs, significantly increased their cash reserves and also reduced their short/long term debt. Their performance from revenues took a 4% dip from 2012-2013. Which isn't that much a cause for alarm, because they were investing heavily into infrastructure in 2012 - based on their money outflows towards securities investments and plant capacity upgrades.

As I mentioned before, their cash outflow was pretty significant in 2012, with a cash deficit of -18 million. This looks a lot better in 2013, with their latest cash outflows at -5.9 million. Unfortunately, their inventory levels have also spiked since 2012, and they paid double the amount of taxes for transactions in 2013, compared with the previous year.

The next step for me was to find out how they mitigated a cash outflow issue in the span of only one year. Upon further inspection, what is happening is that they have an increase in payables to 9.3 million. This means that they are holding onto their cash longer before paying their suppliers, which counts as a cash inflow in their style of financial reporting. In addition to this, they had a 7.8 million reduction in trade receivables, which means that they had less credit customers this time around.

So their management managed to hold off paying off their suppliers for as long as possible, whilst being strict on collecting short term receipts, to discourage an increase in receivables.

It's a good thing that they are able to negotiate a longer payment interval with their suppliers, else I suspect their cash position would not look as good in 2013 as it currently does.

Cash management is the one issue here, but they seem to have the strategic foresight to restructure their cash in and outflows. If they can reduce their inventory levels further and also keep a check on their infrastructure investments, the group should find themselves in a much better position for 2014's report.

I'd certainly watch out for any headlines regarding the group's liquidity however.

Posted by winwinborn > 2014-08-18 15:45 | Report Abuse

Good Day, Columbia

Much Thanks for your excellent sharing on Latitud...DDDD

Posted by aikwais > 2014-08-18 16:44 | Report Abuse

Dear TBC
Please assist to analyse 3905 MULPHA and 5005 UNISEM.
Thanks.

Posted by master_tan > 2014-08-18 19:40 | Report Abuse

Hi TCB,
Can u help review Prlexus and advise .

Posted by sunlight > 2014-08-18 20:17 | Report Abuse

Hi courage,
SERSOL:
Weekly chart (midterm) – bullish after broken above $0.375 with good volume. However, do note that as the price scales higher, the market seems to be suppressing the uptrend by looking at the white candlestick body is getting smaller with decreasing volume in the last 2 trading weeks. Nevertheless, the uptrend is still intact with upward momentum.

Daily chart (short-term) – bullish after broken above $0.375 with a gap up on 07/08 and has continued to scale upward and closed at $0.43 today. However, a shooting star is formed today and it has potential bearish top reversal implication especially at resistance area. The immediate resistance is $0.43 and $0.445 respectively. So, do monitor the next trading price movement to determine the validity of any bearish implication. Also note that there is a slight Price/RSI bearish divergence since 11/08. If you are trading this stock, do set trailing stop to protect your profit/capital.
Any weakness due to overbought or profit taking will find immediate support at $0.42 and $0.405. Stop loss at $0.40 if violated.

Happy Trading.

Posted by inwest88 > 2014-08-18 21:18 | Report Abuse

Profitman - thanks !

Posted by profitman > Aug 18, 2014 09:29 AM | Report Abuse

inwest88, tm, tsy88 and all - good morning.

inwest - congratulations on amprop.

Posted by inwest88 > 2014-08-18 21:23 | Report Abuse

tsy88 - just back from a few beers ! Had a good trading today with the following trades (on those counters I mentioned except Symlife)

PDZ - in at 27.5 but sold half at 30 sen
Astino - in at 1.82 and sold at 1.82 with loss in commission
Ideal - quick trade at 73 sen. Key-in to sell at 77 sen and done (almost forgotten about it)
Ecofirst - in at 36 sen
Symlife - in at 1.16 When rchi mentioned the warrants, sold at 1.20 and switched to the son at 51 sen.

Hope you had a profitable day too with Arank etc.

Posted by sunlight > 2014-08-18 23:22 | Report Abuse

Hi inwest88, congrats on your trading success today. May it be on a roll for you.

Posted by sunlight > 2014-08-18 23:24 | Report Abuse

Hi master_tan,
PRLEXUS:
After hitting the high of $1.84 on 20/06, it had a significant pull back and consolidated to a low of $1.38 and formed a bullish bottom reversal Dragonfly Doji on 13/08. The price has then reversed and scaled upward and closed at $1.54 today with a bullish gap up. However, a shooting star is formed today and it has potential bearish top reversal implication especially at resistance area. This gives conflicting signal and hence the next day’s price movement direction needs to be monitored to determine the trend. The immediate resistance is at $1.56 and $1.61. If you are trading this stock, do monitor closely and set trailing stop to protect your profit/capital.
Any weakness due to overbought or profit taking will find immediate support at $1.52 and $1.46.
Stop Loss if $1.43 is violated.

Happy Trading.

Posted by AyamTua > 2014-08-18 23:30 | Report Abuse

dear masters chartist - appreciate readings for

1. glotec
2. frontkn
3. eah

Posted by inwest88 > 2014-08-18 23:30 | Report Abuse

Sunlight - many thanks. Hope you are having profitable trades too. Good night !

Posted by profitman > 2014-08-19 00:03 | Report Abuse

winwinborn - Latitud:

Chart wise, it is bullish since the gap up on 7/8. If it clears its immediate resistance at 3.43, it will be heading towards its TP1 of 3.55 and subsequent TP2 at 3.63.

Columbo, thanks for the dissecting its annual report and in providing an insight into its cash position as it does look impressive from the outset with a positive cash flow and cash and cash equivalent position. Appreciate your effort.

Posted by tsy88 > 2014-08-19 01:04 | Report Abuse

Inwest88 - wow, you did many trades today and like Sunlight mentioned, on a roll! Congrats, well done, and keep it up. Unfortunately, I did not trade like you. Cleared Mmsv with no gain and also cleared Ho Hup at a loss.

Posted by stay_foolish > 2014-08-19 01:40 | Report Abuse

aikwais

Unisem

Weekly Chart- Stage 2 of Market Cycle which is bullish. Keep setting new high into uncharted territory. Breakout from Ascending Triangle on 15/08 which has Medium Term Target Price at $2.06/$2.10.

Daily Chart- It is also in Stage 2. Breakout from Pennant Trading in 15/08 which has Short Term Target Price at 1.96. Today, a Hanging Man Formed on Top with low volume which indicate the indecision of investors. To confirm the signal, the stocks should trade below the Hanging Man's real body the following session. While the price is keep scaling up, Price/ RSI and Price/Volume has formed Bearish Divergence since 09/07. But of course the Divergence does not mean the price wont go higher again, just need to trade with more cautious and set Trailing Stop Loss to prevent its turn against you. Immediate support adjust to $1.82 and strong support at $1.77. If $1.90 managed to stay, it will try the TP 1 at $1.96 and TP 2 at $2.06/$2.10.

Happy Trading.

Posted by stay_foolish > 2014-08-19 01:42 | Report Abuse

Dunknow

pmbtech

Sorry for the late reply.

PMBTECH

Stage 2 of Market Cycle- Very Bullish. On 14/8,it break above $1.20 and entered into Uncharted Territory. Formed Spinning Top on 18/08 which may indicate further consolidate between $1.64 and $1.94. Any weakness due to overbought or profit taking may find $1.64 as immediate support and $1.57 is stronger support. If break above $1.94 may test TP 1 at $2/ $2.10. Congrats if you are one of the winner of it. Do remember to set Trailing Stop Loss to prevent it turns against you.

FYI, UMA does not affect much on the share price.

Happy Trading

Posted by yoda88 > 2014-08-19 01:54 | Report Abuse

aik wais- Mulpha
Since surging from 23rd of July Mulpha is having a significant pull back and entered into a consolidation mode. However, accumulation can be notice despite trading below the 20MA level. To confirm a reversal one need to monitor price movement accompany with volume.
Resistance can be found at 0.495 and 0.545. Immediate supports are at 0.485 and 0.48.stop Loss if 0.47 is violated.
Happy trading.

Posted by speakup > 2014-08-19 07:32 | Report Abuse

today market sure up coz US up 176pts!