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 .

120 people like this.

7,838 comment(s). Last comment by ProfitMan 2016-12-27 15:21

jm678

147 posts

Posted by jm678 > 2014-08-20 09:55 | Report Abuse

Good morning TCB and everyone here.

jm678

147 posts

Posted by jm678 > 2014-08-20 10:02 | Report Abuse

Matrixcool, good morning and thank you very much for your email alerts. I read Alpha Trader's recommendation on Samudra. It is promising and the price went up since then. I am just puzzle why the company sold all the 228 million Destini shares immediately after completion for 35 sen. If it kept for a short while, the present price is almost 70 sen and many gave TP 80+. There is a difference of 80m! Please correct me if I read wrongly.

yongyou

4,676 posts

Posted by yongyou > 2014-08-20 11:14 | Report Abuse

Dear TCB, what is the link to Alpha Trader blog? Sorry, i am new to share market.

jm678

147 posts

Posted by jm678 > 2014-08-20 11:44 | Report Abuse

Dear TCB, please advise on Seal which has been trapped in narrow range for more than one month. Thank you very much.

Posted by valuemaster > 2014-08-20 13:18 | Report Abuse

Summary and analysis of Bone's call in July:

Bone's gain is stated from the closing price of the day before his posting and to the highest the share price traded

1 July 2014 - Pinepac (TP:RM0.60 , Open price after call : RM0.47, Current price - RM0.445) -Loss of 6%, Bone's gain: from RM0.43 to RM0.51 (>20%)

3 July 2014 - IPMUDA (TP:RM1.40, Open price after call: RM1.21, Current price - RM1.28) - Gain of 4%, Bone's gain: from RM1.10 to RM1.54 (>30%)

4 July 2014 - SYSCORP (TP: RM0.65, Open price after call: RM0.56, Current price - RM0.60, Gain of 7%, Bone's gain: from RM0.52 to RM0.64, >20%)

7 July 2014 - LONBISC (TP: RM1, Open price after call: RM0.925, Current price - RM0.86, Loss of 8%, Bone's gain: from RM0.86 to RM0.94, >10%)

8 July 2014 - SAPRES (TP: RM1.25, Open price after call: RM1.17, Current price - RM1.10, Loss of 6%, Bone's gain: from RM1.07 to RM1.21, >15%)

11 July 2014 - CAB (TP: RM0.90, Open price after call: RM0.765, Current price - RM0.91, Gain of 20%, Bone's gain: from RM0.69 to RM0.84, >20%)

16 July 2014 - Dolmoite (TP:RM0.65, Open price after call: RM0.53, Current price - RM0.40)- Loss of 23%, Bone's gain: from RM0.43 to RM0.55, >20%)

18 July 2014 - EWEIN (TP: RM0.75, Open price after call: RM0.61, Current price - RM0.605) - Loss of 1%, Bone's gain from RM0.58 to RM0.64, >10%

22 July 2014 - EURO (TP: RM0.75, Open price after call: RM0.60, Current price - RM0.64) - Gain of 6%, Bone's gain from RM0.47 to RM0.64, >30%

24 July 2014 - LIONFIB (TP: RM1.30, Open price after call: RM1.16, Current price - RM1.25) - Gain of 8%, Bone's gain from RM1.02 to RM1.33, >30%

1 August 2014 - MASTEEL (TP: RM1.20, Open price after call: RM1.05, Current price - RM1.08) - Gain of 3%, Bone's gain from RM1 to RM1.07 >7%)

6 August 2014 - KPSCB (TP: RM0.80, Open price after call: RM0.635, Current price - RM0.605) - Loss of 5%, Bone's gain from RM0.56 to RM0.66 >20%)

8 August 2014 - HANDAL (TP: RM0.80, Open price after call: RM0.545, Current price - RM0.505) - Loss of 8%, Bone's gain from RM0.46 to RM0.545 >20%)

11 August 2014 - HTPADU (TP: RM0.0, Open price after call: RM0.78, Current price - RM0.735) - Loss of 6%, Bone's gain from RM0.70 to RM0.78 >10%)

18 August 2014 - EASTLAND (TP: RM0.60, Open price after call: RM0.48, Current price - RM0.455) - Loss of 8%, Bone's gain from RM0.45 to RM0.50 >10%)

THE MOST HAPPENING, HE CONNED INVESTOR WITH HIS ESTIMATED VALUE ON TIMESQUARE AT RM10,000 per square feet, not even KLCC has this kind of value! he valued bjasset's timesquare at RM5B! LOL, WHAT A JOKE

20 August 2014 - BJASSET (TP: RM1.20, Open price after call: RM0.98, Current price - RM1.03) - Gain of 5%, Bone's gain from RM0.90 to RM1.03 >10%)


Summary of Bone's calls
1. Out of 16 calls, Bone's only HIT 2 OF HIS TP ON IPMUDA (lucky because tan sri bought) and SYSCORP, the rest did not hit TP
2. 14 TP did not hit, stock god?
3. BONE's call gapped up, making him a rich man, raking on average 15% per call if he sells at OPEN price, 20 x 15% = 300%, geometrically, he will gain close to 500%!!!
4. If you hold his calls until now, you will lose in 9 trades, gain in 6 trades, after your transaction fees, you will lose about 30%-50%!!
3. ON AUGUST, bone has made HIS FOLLOWERS LOSS more than 30% following his calls

ANOTHER FLOWERPOWER?

Joyous

368 posts

Posted by Joyous > 2014-08-20 14:39 | Report Abuse

Hi Profitman, thanks for your advice. May i know what "any divergence in both the prices could be temporary in nature" this means?

profitman

2,094 posts

Posted by profitman > 2014-08-20 14:53 | Report Abuse

Joyous - what I meant was if the mother trends up while the warrant trends down, it is only a matter of time before traders realize that it is now worth trading in the warrant if upon conversion of the warrant, the price is less than the mother share. Sorry if I did not explain it clearly previously.

Joyous

368 posts

Posted by Joyous > 2014-08-20 14:56 | Report Abuse

o..thank you profitman...how do you see bimb-wa?

profitman

2,094 posts

Posted by profitman > 2014-08-20 15:26 | Report Abuse

Joyous - BIMB wa is now testing its support level of 0.695. If broken, it will be heading towards its next support at 0.67. It is sold down today on low volume. If you intend to bottom fish, you may want to set a stop loss at 0.66.

motomoto

670 posts

Posted by motomoto > 2014-08-20 15:28 | Report Abuse

Hi profitman kindly advise IFCAMSC.. Q report is excellent but price cannot sustain..

profitman

2,094 posts

Posted by profitman > 2014-08-20 15:30 | Report Abuse

valuemaster - thank you for the information. Irregardless, it is absolutely crucial that traders trade with a trading plan at all times with stop loss and trailing stops in place just in case any trade goes against us.

ctw101

32 posts

Posted by ctw101 > 2014-08-20 16:05 | Report Abuse

Hi profitman, would you be able the approach to set a trading plan?..what is the basis apply. thanks

ctw101

32 posts

Posted by ctw101 > 2014-08-20 16:05 | Report Abuse

sorry to advise the approach. ..

Posted by lynneettte > 2014-08-20 17:05 | Report Abuse

Dear TCB, kindly advice on Kretam.

profitman

2,094 posts

Posted by profitman > 2014-08-20 18:16 | Report Abuse

motomoto - no stock runs up non stop and in a straight line up. It has to take a breather which is healthy. With IFCAMSC, it is also the case. Good results will cause its price to go up in the medium term. What you are seeing now could be a short term consolidation on the stock. As more investors digest its results, then you might see it trending up over time. In between, there will be profit taking here and there but as long as the stock in on an uptrend then you will see its price appreciating.

connie

37,452 posts

Posted by connie > 2014-08-20 18:23 | Report Abuse

hey profitman ... just want to say that u are ever so politely and gentlemanly replying all queries :) feeling so much warmth and sincerity !!! by the way, i have requested matrix to include me into his emailing list :) miss reading his analysis here :(

profitman

2,094 posts

Posted by profitman > 2014-08-20 20:25 | Report Abuse

ctw101 - to set a trading plan is actually very simple. In it, you will have the support and resistance levels of the stock, your intended entry price and quantity and then you decide what should be your stop loss price if the share trends down. You also need to decide at what price to take profits if the stock goes up in price. SO, before actually buying the stock, you will have written down all the above information in your plan. Then when you trade, you will be aware of your potential profits and potential loss and whichever direction the stock price go, you need not panic as you know exactly what to do.

profitman

2,094 posts

Posted by profitman > 2014-08-20 20:26 | Report Abuse

connie - ...hahahaha.. you too are ever so kind with your comments. Thanks. Yes, matrix mailing list is one not to be missed.

connie

37,452 posts

Posted by connie > 2014-08-20 20:30 | Report Abuse

profitman .. i learnt from you :) u are my great inspiration !!! always always ... whenever i lack the mood to give comments i come here for an 'uplift' :)

CoMBoFisT

94 posts

Posted by CoMBoFisT > 2014-08-20 20:43 | Report Abuse

Valuemaster, i had the same thought quite some times ago. I wanted to list down what u just did by summarising the percentage gain, but i just dont bother to do so. You did a great job.

300% gain for only 2 months. Thats about 1800% a year. If i were mr. Bone and started with rm100k investment to swing it. Thats 180million in one year.

But bone's input is very informative, we can keep that as reference.

cityplus

92 posts

Posted by cityplus > 2014-08-20 21:02 | Report Abuse

Dear TCB,
Please give opinion on K1. Stuck in this counter for sometimes and recently it drop from 0.425 to 0.355.
TQVM and really appreciate it.

johnny cash

6,400 posts

Posted by johnny cash > 2014-08-20 22:19 |

Post removed.Why?

tsy88

9,978 posts

Posted by tsy88 > 2014-08-21 00:17 | Report Abuse

Inwest88 - a totally changed landscape today. A sea of red with most stocks taking a severe beating. Suppose this must be the correction that we had earlier anticipated! Was very lucky to clear Keladi at 46.

Posted by stay_foolish > 2014-08-21 00:25 | Report Abuse

noisyboy

Granflo

Stage 3 of Market Cycle which the price can be volatile. After hitting high at 0.375 on 13/08, it has been consolidating between $0.34 and $0.36. The support at $0.34 is broken today and may find strong support at $0.3/$0.31. Further consolidation is expected between $0.31 and $0.36 in near term. Any rebound may re-test immediate resistance at $0.36 and strong resistance at $0.375. A break above $0.375 with volume signal Trend Reversal.

Posted by stay_foolish > 2014-08-21 00:29 | Report Abuse

sunflower22

Symlife

Stage 3 of Market Cycle- Distribution which the price can be volatile. After hitting high on 19/08 at $1.26, it followed by Evening Star next day which has Bearish Implication. Price/RSI has formed Bearish Divergence since 21/04/14.May find $1.16 as immediate support. If $1.16 is broken, may find stronger support at $1.11. Any rebound will retest immediate resistance at $1.22 and very strong resistance at $1.26.
For short term trader, cut loss if $1.11 is violated. For medium term trader, cut loss if $1.01 is violated.

Happy Trading

JAMESN

10 posts

Posted by JAMESN > 2014-08-21 00:47 | Report Abuse

DEAR TCB - I HAVE PURCHASE ZELAN AT 0.43 SHOULD I HOLD OR SELL?

profitman

2,094 posts

Posted by profitman > 2014-08-21 00:57 | Report Abuse

ck - SYF:

Was under consolidation since it hit a high of 1.30 on 14/8 and it culminated with heavy profit taking on 20/8 aided by panic selling where it penetrated its strong support base of 1.15. Its next support lies at 1.09. Need to take out its resistance at 1.15 in order to scale higher. It may not be out of the woods yet.

profitman

2,094 posts

Posted by profitman > 2014-08-21 01:07 | Report Abuse

posh0506 - AHB:

Currently trading sideways. Cracking its resistance at 0.22 is proving tough. In the short term, you can expect it to trade within a tight range with 0.20 as support and a 0.22 as resistance unless there is a catalyst to springboard it to the next price level.

inwest88

5,628 posts

Posted by inwest88 > 2014-08-21 07:38 | Report Abuse

A very good morning to TCB - profitman, natrixcool, yoda88, stay_foolish, Lz Lee, sunlight etc..

inwest88

5,628 posts

Posted by inwest88 > 2014-08-21 07:39 | Report Abuse

valuemaster - good analysis on bones' picks. concur with your findings. Unless one buys before his articles come out, there is hardly any chance to make money.

inwest88

5,628 posts

Posted by inwest88 > 2014-08-21 07:43 | Report Abuse

tsy88 - good morning. Was lucky to sell almost all my penny stocks on Tuesday as I mentioned the market has to take a breather. yesterday morning also cleared some medium-hold stocks like Fitters, GHL, Ho Hup etc when I noticed that the sentiment is dropping in the late morning despite the index in the green. Will how the sentiment today. Pity those who are trapped in PDZ and Sumatec. Being the market leaders once they fall, the whole market will (on goreng stocks) will follow in tandem.

tsy88

9,978 posts

Posted by tsy88 > 2014-08-21 08:01 | Report Abuse

Inwest88 - good morning. Yeah, pity those who bought on the high end! Think there should be a meaningful rebound today.

tsy88

9,978 posts

Posted by tsy88 > 2014-08-21 08:02 | Report Abuse

Good morning TCB and all.

tsy88

9,978 posts

Posted by tsy88 > 2014-08-21 08:03 | Report Abuse

Inwest88 - got to leave now.

Posted by sunflower22 > 2014-08-21 08:10 | Report Abuse

Good morning to everybody here.

Tqvm to stay_foolish on Symlife analysis.

posh0506

10 posts

Posted by posh0506 > 2014-08-21 08:12 | Report Abuse

Thanks profitman...

inwest88

5,628 posts

Posted by inwest88 > 2014-08-21 08:29 | Report Abuse

Tsy88 - it depends whether this is a genuine correction as the market can take on various scenarios, a meaningful rebound, rebound in early trading and continue its downtrend or stay stagnant fur a while etc...

profitman

2,094 posts

Posted by profitman > 2014-08-21 08:34 | Report Abuse

Inwest88, tsy88, sunflower22, & all - Good morning.

inwest88

5,628 posts

Posted by inwest88 > 2014-08-21 09:02 | Report Abuse

a bit of rebound, but can it sustain ?

profitman

2,094 posts

Posted by profitman > 2014-08-21 10:03 | Report Abuse

inwest88 - in the past, after a sell off when the market trades at feverishly high volumes, I noticed it takes a couple of days for the market to recover. You are right, the key question is whether the rebound is sustainable.

matrixcool

1,307 posts

Posted by matrixcool > 2014-08-21 10:21 | Report Abuse

Skyland,

SEACERA—Hit my target of $1.40/$1.44 (at $1.42) on 19/08 and started its consolidation now. The uptrend is intact and due to panic selling yesterday Seacera even violated its strong support of $1.24 but managed to close above it. Some sideways consolidation( $1.24-$1.35)can be expected in the near term and if you are collecting during consolidation please set your Stop Loss if $1.20 is violated for the short term trader and $1.12 (if violated) for mid term traders.

happy Trading

ctw101

32 posts

Posted by ctw101 > 2014-08-21 11:07 | Report Abuse

Thanks Profitman. it helps. :-)

sunshine96

300 posts

Posted by sunshine96 > 2014-08-21 14:16 | Report Abuse

Good afternoon Maxtricool,

I think most of us panic with yesterday's market. I was quite reluctant
to sell ILB and Keladi with profits on 19/8/14, maybe becos I've sold Sntoria-wa too early on the same day, I would have made more profits
if I hang on a little longer.
Then I was complaining to you in the evening. You remind me to lock
profits. I took your advice and sell ILB n Keladi in the morning the next day. By late afternoon, suddenly the market turns ugly....I just out from the ladies and saw Sumatec 530 and everyone was selling n selling...my sister enquire what happened....I also don't know...she panic n asks how....??? Well, I would like to give a BIG THANK YOU, Maxtricool for reminding again n again to lock profits and stop loss...n I am still learning the art of doing it.

inwest88

5,628 posts

Posted by inwest88 > 2014-08-21 19:19 | Report Abuse

sunshine96 - congrats in getting out in time for gains. In stock trading selling is the most difficult part and you will soon get to all post-selling emotions day by day. matrix is absolutely correct in advocating a 'locking in" profit policy which I practice myself. Just take note that a one dollar realized gain is always better than a ten dollars paper profits as evidenced from the sell down yesterday when paper profits turned to realized losses for some people.

inwest88

5,628 posts

Posted by inwest88 > 2014-08-21 19:21 | Report Abuse

profitman - concur with your view. Even though some stocks which were battered down yesterday rebounded the overall market sentiment is still not encouraging.

inwest88 - in the past, after a sell off when the market trades at feverishly high volumes, I noticed it takes a couple of days for the market to recover. You are right, the key question is whether the rebound is sustainable.

inwest88

5,628 posts

Posted by inwest88 > 2014-08-21 19:23 | Report Abuse

tsy88 - wanted to be on the sidelines today but couldn't control my itchy hands. Did one and only trade today for some whisky money. Spotted Emico in early trade and bought some at 25.5 sen. Then before leaving keyed -in to sell at 28 sen. Was done in the afternoon. In fact it went to a high of 32 sen. Nevertheless contented with the gain.

RI77

22 posts

Posted by RI77 > 2014-08-21 20:14 | Report Abuse

sunshine96, i totally agree with you.
I am so blessed to be on the Brother Matrixcool mailing list.
I locked in my profits in Sntoria, Pmbtech, ILB because in his mail he feels the stocks may need to take a breather.
Brother inwest88 , ya, like you he always reminds us to lock in profits and take losses early.
God Bless TCB and brother Matrixcool.

inwest88

5,628 posts

Posted by inwest88 > 2014-08-21 20:26 | Report Abuse

R177 hope you making gains from the market.

Dunknow

7,384 posts

Posted by Dunknow > 2014-08-21 20:30 | Report Abuse

Mr TCB...our market idols :D SALUTE!

tsy88

9,978 posts

Posted by tsy88 > 2014-08-21 21:06 | Report Abuse

Inwest88 -

Congrats. You did it again. When I saw Emico, it was gaining only 2 cents. Emico is a laggard and has hardly moved for so long. Thinking that it could sustain, was not interested. In the afternoon, was surprised to see it tag on a 6 cents gain! Then I remembered that last time when Emico surges, Dataprep would follow suit. Truly it did. Again, it was too late for me to buy.

Same thing goes for Gkent and Johan. They are inter-related as they share same shareholder in Khoo Kay Peng. Only found out today.Gkent has been setting new highs and so does Johan.

Today, I bought Guoco at 1.89 to average. Had entered 2 days ago at high of 2.03.

Did you clear Aax Cl? Thought today's level at 7 is very attractive for entry.

Am very in interested in Sntoria and its Wa. Think it has potential to scale higher.

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