"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 .
This is a stock that had a run up in price that culminated with a high of 2.04 on 22/8 and subsequently sold down with an immediate support at 1.62. Sorry, I don't quite get your question. I apologize for that.
------------------------------------------- Posted by Dino Limo > Aug 28, 2014 09:23 AM
Hi Profit or matrix, Can u please explain GEORGE KENT (M) BHD for me? Gkent
Hi gerry88, IDEAL: Bearish. After hitting the high of $0.84 on 19/08, it formed a top engulfing bear and had a big pull back since then. Further weakness will find immediate support at $0.50 and $0.43 respectively. Any reversal will find immediate resistance at $0.595 and $0.63 before it can scale higher.
Under correction. It is now testing the support level at 0.79/0.80. If broken, will find further support back at 0.72. Immediate resistance is at 0.83. The stock is still weak and may not be out of the woods yet.
Hi tiongms, JASKITA: Bullish after breaking above $0.215 on 15/08. Since then, after the price moved higher with huge volume, it went into some correction due profit taking before scaling further up. The latest is seen on 26/08 when the price hit the new high of $0.285 with the largest volume and thereafter, again went into some correction due to profit taking. The uptrend is still intact but needs to remain above the uptrend line to remain so. Also take note that there is a slight Price/RSI bearish divergence. So, do set trailing stop to protect your profit/capital in case of any big pull back. Currently, it seems to have found a temporary support at $0.26. Any weakness due to oversold or further profit taking will find next support at $0.25 and $0.225 respectively. Scaling back up again will find immediate resistance at $0.285 and $0.30 respectively. Stop loss if $0.215 is violated.
Weekly Chart- Stage 1 of the Market Cycle which the price moves sideways in a range between $0.875 and $1.14
Daily Chart- Failed to breakout from Symmetrical Triangle at $1.04 on 26/08. The price drop since then. Any more selling may find support at $0.945 and strong support at $0.88. Need to break above $1.04 with volume to signal Price Reversal and test immediate resistance at $1.06/$1.10/$1.14. Need to break above 1.26 to signal Trend Reversal.
Weekly Chart- Stage 3 of Market Cycle- distribution which the price can be volatile. If break above 0.995 with volume signal Trend Reversal ( Breakout from Cup and Handle ) which has immediate target of $1.08 and TP of $1.2.
Daily Chart- Need to break above 0.995 to remain Bullish Trend. Any Weakness may find $0.92 as immediate support and strong support at $0.895. For Short Term Trader, cut loss if 0.895 is violated. For Medium Term Trader, cut loss if 0.865 is violated.
Under consolidation. Seems to have found a support base at 1.02/1.03. If this support is broken, it should find support at 0.96. Need to clear resistance at 1.13 in order to scale higher towards 1.24. It could continue its consolidation on a side way trading pattern.
hi profitman , betul night owl juga , wish u huat huat , if ada masa can answer the question that i post in itchy itchy kaki judi ( time Aug 29, 2014 12:25 AM ) and reply there , thanks . pai seh paste here :) ... thanks
Inwest88 - good morning. Overall market breadth does not look promising after recent curbs with decliners overwhelming gainers. Volume has dwindled and a far cry from last week. With another long weekend and dow down by 42, I expect today's trading to be lacklustre. For once, did not transact a single trade even. Am still eyeing Aax cl. Have seen your friend's posting on Mbb's call warrant C6. Will be at home whole day monitoring from my tablet.
Hope you had another good day yesterday. Happy trading.
Morning tsy88 - yesterday just made contra gains from AWC bought three days ago at 30.5 after matrix told me the reading were bullish. Sold some samudra when it gapped up in the morning and bought back towards the close. On the other hand bought its warrant in the morning and again towards the close to average down.
Yup I saw kc's article but have to be very careful when you trade call warrants if you are not on the screen. It can be very very volatile with price changes every second.
profitman, i will monitor closely for the silkhldg. Much thanks.
Posted by ProfitMan > Aug 29, 2014 12:57 AM | Report Abuse
winwinborn - Silkhldg:
Under consolidation. Seems to have found a support base at 1.02/1.03. If this support is broken, it should find support at 0.96. Need to clear resistance at 1.13 in order to scale higher towards 1.24. It could continue its consolidation on a side way trading pattern.
Gppf morning matrix, profitman, stay_foolish, sunlihjt, Lz and yoda88 of TCB and to all visitors to this fabulous thread. My all have a pleasant holiday Merdeka break.
inwest88 ,Congratulation on your AWC. Maybe i should had followed you and make some money out of it too. I did not because i don't want to be over trade. Enjoy your profits and have a restful weekend.
Dear All Respected Decoder Experts and lovely readers,
A relaxing Saturday bring you some relaxing "Decoded" info but not from stock market...... In fact it is some fun sharing from today's China Press newspaper.
Here you go......
Just gone through today's ChinaPress newspaper about the article of "Wallet's Feng Shui".
Quite a fantastic article from the fengsui master, but but but not sure how favourable the trips are..... I leave it to all readers to judge it. Perhaps I m partially agree on it.
The article has covered several like What material wallet to choose? Which time the finest to change New Wallet? The best color option for different usage.
See the summaries below(read but not to follow 100%):
@@@@@ Wallet's material @@@@@ - If wanna consolidate your wealth, best option is to use "goat" or "cow" skin - Female entrepreneur best option is to use "pig" skin (pls pls no offended for muslim friends- direct translate from the China Press newspaper). "pig' goods will help to balance "Spending=saving" - If wanna build up good relationship with everyone, best option is to use "Snake" skin - WARNING! Do not put any raw foods(after retail shop) together with ur WALLET in the "wet kitchen" because it means to INSERT your WEALTH into Furnance(when cooking)
@@@@@ Perfect timing to change ur new Wallet @@@@ - Pig and Ox :::: 9am - 1pm - Dragon, Dog and Goat :::: 9pm - 1am - Tiger and Rabbit :::: 1pm-3pm ; 7pm-9pm ; 1am-3am ; 7am-9am - Monkey and Rooster :::: 3am-7am
@@@@ Color code for WEALTHY Wallet @@@@ - Best recommended color: Earth color (Brown), Chocolate and Coffee brown also superb! - Prohibited : Great RED or Great PURPLE!
Has broken out of its rectangle trading pattern on 21/7. If it can maintain its price above 0.30 then it would be on a bullish run. It has strong support at 0.27. Its gap support of 0.295/0.30 has been filled on 29/8. Immediate resistance is at 0.315 and if resistance at 0.40 is broken, it would trend into unchartered territory.
Profitman: sorry forgot to feed you more exclusive tip.
actually you no need to check. Send over ur Wallet. If ur wallet spec comply everything. I will return you the "empty" wallet. If violated the best fengshui requirements. You won't get back anything. I wanna help u only.
kami bukan ah long. Kami hanya nak TOLONG!
no angry ar....happy happy day to u and family ar.
Pesona: TA cannot predict the future, so, clearly unable to tell you if it will scale new heights. But if it does, its TPs are 0.94 and 1.01. Immediate support is at 0.76.
YFG - no, it needs to break 0.135 with volume and stay above it.
DRBHicom - it gapped up on 29/8 with volume. Whether this apparent break out is sustainable or not needs confirmation by monitoring the next 3 trading sessions. If you are thinking of bottom fishing, remember to set your stop loss.
duit - .....hahahaha.....thats a very good one. Fantastic service from you. Thanks but no thanks .....hahaha.... You too, have an enjoyable holiday with your family.
posh0506 - ESCERAM under consolidation after an uptrend movment. Immediate support at 0.155 and the next support at 0.145, resistance level of 0.165 and 0.18. Exit if 0.145 is violated.
yongyou - ALCOM/UEMS ALCOM: Stage 4. Downtrend. Immediate support at 0.885, next support is 0.84. Resistance at 0.95 and 1.06. Exit if 0.84 is violated.
UEMS. Seems that it have found a new bottom. Support level of 1.9 and 1.88. Resistance at 1.98 and 2.02/2.03. Exit if support level 1.88 is violated
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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 .