Posted by ProfitMan > 2014-09-26 17:21 | Report Abuse

Connie your presence alone lightens up this place ...hahaha... Did you make some good profits out of BIG?

Posted by connie > 2014-09-26 17:22 | Report Abuse

awww profitman .... i am sure all the pretty damsels are waiting patiently for their turn to be called by this gentleman !!!!
p/s - profitman, may i ask you how do u keep track of the charts that u have read ???? meaning if someone asks the same, u will be able to check and not waste time reading again :)

Posted by connie > 2014-09-26 17:27 | Report Abuse

profitman ... truth be told i don't dare to come here coz i always 'light up' the wrong topic :( :( :( and you; profitman, always make my day when i see YOU in chrissyconn !!!!!!!!!!! still listen to your pink floyd ??? :) hope u like this .... have been listening to it day n nite ... nite n day !
http://www.youtube.com/watch?v=so6ExplQlaY

Posted by ProfitMan > 2014-09-26 17:30 | Report Abuse

connie - thats a very good question. Honestly, it is difficult to track. If I remember vaguely I have read the chart before, I just trace back to my postings to check one by one or I just read it again. But if it is a recent request, I can remember sometimes. Its really tough to track though. And how do you track them.

By the way, I need to learn from you how to read waves using MACD.

Posted by motomoto > 2014-09-26 17:31 | Report Abuse

Hi ProfitMan,

would appreciate your views on tmclife! thank you so much and happy weekends!

Posted by connie > 2014-09-26 17:36 | Report Abuse

profitman ... i use excel worksheet to keep track of my ahem smallish portfolio ... so i copy and paste all the charts that i have read in the same worksheet (since i open it daily) and i use the 'find' function to check if i have read before or not :) :) oopsi ... hoping for a more effective method !!
p/s - oh yes .. i find macd indicator is very good to gauge the wave !!! i read before wave 3 has the STRONGEST macd .... and u will always see an macd negative divergence comparing wave 3 and 5 :)

Posted by ProfitMan > 2014-09-26 17:44 | Report Abuse

motomoto - TMCLife:

Lz just did one on 23/9 as follows:

Bullish after breakout from the consolidation ranging from 0.475 and 0.485 on 19/09. Support level of 0.525 and 0.50. Immediate resistance at 0.58. TP of 0.605 and 0.62. Stop loss if 0.50 is violated.

As at 26/9:
It is bullish and could be trading into historical highs in the medium term. The brief profit taking activity on 24/9 was very well absorbed. Immediate support is at 0.63 with further support back at 0.59. There is a bearish price/rsi divergence on the daily chart which could see some profit taking and consolidation in the short term. Do set your trailing stop if you are riding on profits.

Posted by ProfitMan > 2014-09-26 17:57 | Report Abuse

Connie - thanks a lot for the tracking tip. Wow, that is a very innovative way of doing it. Of course me, being lazy, have not thought of doing it this way. But something to consider. Thanks.

Thanks for the Macd tip too. I shall go back to the drawing board on this one. Really admire your wave reading skills. And I remember you started with zero knowledge a year ago and with your perseverance and drive, you acquired the skill and became very good at it too. Hats off to you. Very admirable. I shall consult you more on EW in the future....hahaha.... hope you don't mind!

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

profitman ... I MIND !!!! coz there is no more pinky song from you :( and your daily to-do-list does not include greeting morning to connie :( :( if u say consult then CANNOT ... but if u say we count and read together then anytime profitman :) :)

Posted by ProfitMan > 2014-09-26 18:16 | Report Abuse

connie - ...hahaha.... forgot to thank you for the very lovely song. I will reciprocate by dedicating a pink floyd song to you in chrissyconn! Yeah, I will need to update my daily to do list again. Must have been corrupted by virus ...hahaha.... Ok, we shall read the waves together ...haha... you are so humble.

Posted by Dunknow > 2014-09-27 07:57 | Report Abuse

good morning & happy weekend :D

Posted by tsy88 > 2014-09-27 09:59 | Report Abuse

Good mornongTCB. Have a nice weekend.

Posted by tpchuayap > 2014-09-27 10:03 | Report Abuse

Good Morning dear TCB. can the team take a look at Pmetal ? thanks

Posted by tsy88 > 2014-09-27 10:05 | Report Abuse

Dear Tcb - appreciate if you can analyse:

1. LBICap and its Wa
2. Ksl - requested before, now correcting?
3, Bjauto - requested before, still bullish?

Thanking you in anticipation.

Posted by gerry188 > 2014-09-27 11:50 | Report Abuse

Dear TCB (and good morning to all),

Can you please provide an updated reading on IFCAMSC?

Thanks & best rgds.

Posted by belkg > 2014-09-27 13:38 | Report Abuse

Good aftenon. Just read news on stemlife n kccs ,could mr tcb kindly advive on it. Tks
Enjoy the weekend

Posted by Dunknow > 2014-09-27 15:53 | Report Abuse

Hi TCB,may I know if have big volume of buyer in toward immediate resistance level or against resistance level carried any meaning?thanks in advance

Posted by 黄睦焜 > 2014-09-27 19:41 | Report Abuse

HI brother and sister here !!! happy to join this site and I am very impress by the TCB blog... I hope can learn and leverage each other skill and knowladge, so that we can growth stronger

Posted by kyosan > 2014-09-27 19:50 | Report Abuse

Hi tcb..how do u think hightec in TA..?thanks.

Posted by Lz Lee Weiping > 2014-09-27 21:03 | Report Abuse

killabuggy - GHLSYS
Currently it's re-testing it's previous uptrend trend line, if it break that trendline at the immediate resistance of 1.24 it will be very bullish. Support level at 1.14 and 1.09. Do take note that daily RSI shows some degree of bearish divergence. Stop-loss if 1.09 is violated.

tpchuayap - PMETAL
Stage 4, downfall. This is the stage where traders want to avoid. Support level at 5.32 and 5.12. Resistance level at 6.27 and 6.98. Stop-loss if 5.12 is violated.


Tsy88 - LBICAP, KSL
LBICAP: Bullish, and the momentum is kinda good in this stock. Support level at 1.55 and 1.53. Resistance level at 1.6 and 1.64. If it's able to break 1.64/1.65 with volume then it will be a rounding bottom breakout. But take note as there's daily RSI bearish divergence. Stop-loss if 1.53 is violated.

KSL: Still in uptrend but judging from the volume it seems that it's going to retest it's uptrend trend-line soon. Immediate resistance level at 4.74 and next resistance level is 4.97. Support level at 4.46 and 4.23. Stop-loss if 4.23 is violated.

Happy trading~

Posted by Nana88 > 2014-09-27 21:06 | Report Abuse

Good evening TCB,
Could you plse update on Seacera's TA. It closed at 1.09 on Friday, 27/9 hence violated the stop loss level. What is the next support?
Wondering if there's hope in view of the catalyst awaiting as well as the fact that the directors exercised substantial amount of warrants recently.

Thanks in advance. Have a good and restful weekend.

Posted by sunlight > Sep 16, 2014 09:59 PM | Report Abuse

Hi dunknow,
SEACERA:
Under consolidation between $1.15 and $1.28. Breaking above $1.28 with volume will have bullish implication. If so, it will face immediate resistance at $1.35 before it can scale higher to re-test its previous all-time high at $1.42. Further retracement will find immediate support at $1.15 follow by a good support at $1.11. Stop loss if $1.10 is violated.

Happy Trading.

Posted by yongyou > 2014-09-27 21:15 | Report Abuse

Dear TCB, can you look at RSAWIT?

Posted by Dunknow > 2014-09-27 21:16 | Report Abuse

Ok ok...thanksssss Nana88....happy weekend....

Posted by tsy88 > 2014-09-27 21:27 | Report Abuse

Lz - thanks for reading of LBICAP and KSL. How about LBICAP WA? I actually bought into the Wa and not the mother. Would appreciate your analysis on Wa in addition to the mother share.

Posted by jass > 2014-09-27 21:42 | Report Abuse

Dear TCB, can u help to read Texcycl. tqvm:)

Posted by speakup > 2014-09-27 21:52 | Report Abuse

Texcycle - good company

Posted by johnchong > 2014-09-27 23:41 | Report Abuse

Nana88
Technically, when stop-loss occurs then time to cut position w/o emotion.

However, if you turn trader to investor due to the perceived fundamentals of the stock the next support levels are: 1.04 & 1.005 and new stop-loss can consider 1.00.

Posted by belkg > 2014-09-28 07:45 | Report Abuse

Kindly adv on stemlife n kssc n thheavy tks

Posted by sunflower22 > 2014-09-28 10:33 | Report Abuse

Dear TCB, good morning.

Please advice on samudra. Tqvm and have a nice weekend.

Posted by tsy88 > 2014-09-28 11:07 | Report Abuse

Good morning TCB.

Posted by tpchuayap > 2014-09-28 19:21 | Report Abuse

thanks for the information on Pmetal

Posted by ProfitMan > 2014-09-28 22:46 | Report Abuse

yuyu82 - Naim:

Still under correction. The bullish harami of 25/9 indicates a potential reversal point with subsiding selling pressure in the near future. The following bullish candle formed on high volume reinforces this fact. The support at 3.44 is currently holding. However, it is currently encountering resistance in breaking 3.60.

Amongst the possible reasons for the drop could be its flat net profits and the expectation of a possibly lower earnings in the 2nd half of 2014 by some analysts. You will need to look further into its fundamentals for the decline. If its fundamentals are intact, you need not worry. But do look further in the FA aspects to grasp the situation better.

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Posted by yuyu82 > Sep 24, 2014 04:37 PM

Dear TCB,Can help me check Naim?Why keep droping? Thanks...Very worry...

Posted by ProfitMan > 2014-09-28 22:46 | Report Abuse

DA222 - Cliq:

Trading sideways in a rectangle with a support at 0.63 and resistance at 0.66. Unless there is a catalyst, it is expected to continue trading within this range.

Posted by ProfitMan > 2014-09-28 23:02 | Report Abuse

belkg - Flonics:

Currently consolidating sideways after a brief attempt to scale higher. It is encountering strong resistance at 0.105 and unless it can surpass this resistance, it will likely recoil back into its sideway trading with a support at 0.085.

Posted by ProfitMan > 2014-09-28 23:15 | Report Abuse

gerry188 - IFCAMSC:

As at 27/9:

Selling pressure did subside and it traded to its resistance at 0.48 and subsequently consolidated with a support at 0.435. Need to overcome 0.48 convincingly to have any meaningful price reversal.


As at 18/8:

Still under consolidation. Selling pressure has subsided further.


As at Sep 16, 2014 07:08 PM :

Under correction and has filled the gap support at 0.395/0.42. The current support at 0.365 seems to be holding and it may be bouncing off this 38% retracement level. Need to overcome strong resistance at 0.44 in order to scale higher. The selling pressure appears to have declined for the time being. If you are bottom fishing, you may want to consider a stop loss at 0.355.


Posted by Lz Lee Weiping > Sep 13, 2014 12:03 AM

nana88 - IFCAMSC
Under retracement. Support level of 0.365 and 0.335. Resistance level at 0.43 and 0.445. Stop-loss if 0.335 is violated.

Posted by ProfitMan > 2014-09-28 23:29 | Report Abuse

kyosan - Hightec:

Traders do not usually trade these type of counters. There is hardly any demand for the stock and it is traded on a very low and irregular volume. It has a resistance at 1.14 and a support at 0.93. This is one stock traders would avoid trading.

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Posted by kyosan > Sep 27, 2014 07:50 PM

Hi tcb..how do u think hightec in TA..?thanks.

Posted by Lz Lee Weiping > 2014-09-28 23:30 | Report Abuse

sunflower22 - SAMUDRA
Consolidating between 0.545 and 0.47. Support level at 0.47 and 0.495. Resistance level at 0.515 and 0.545. Stop-loss if 0.47 is violated.

belkg - THHEAVY
still in downtrend. generally it look bearish. and it has a gap down on 25/08. Has a support level of 0.80 and 0.81. Resistance level of 0.835 and 0.85. For a price reversal to happen it must break above 0.885. Stop-loss if 0.80 is violated.

Posted by matrixcool > 2014-09-28 23:51 | Report Abuse

Luckyno7—Borneo Oil

BORNEO OIL(7036) —Some consolidation after hitting a high of $0.67 two days ago.Do monitor Support of $0.64(Resistance turns Support) and if it can stay above $0.64, it was expected to test my target of $0.685/$0.70 /$0.72. Stop Loss if $0.64 is violated.Note: The smart money is still not in Borneo oil.

Happy Trading..

Posted by stay_foolish > 2014-09-29 00:00 | Report Abuse

killabuggy

GHLSys

Stage 2 of Market Cycle which is Bullish. After breakout from Cup and Handle at $0.995, it hits its previous high at $1.08 and has immediate target at $1.24 and has final target at $1.40. On 26/9, it hit the immediate target at $1.24 but closed at $1.22. If $1.22 is managed to hold, it would test the resistance at $1.28/$1.30 and test the Final Target Price at $1.40. Any weakness due to Profit Taking may find $1.14/$1.15 as immediate support and strong support at $1.03. For Short Term Trader, cut loss if $1.14 is violated. For Medium Term Trader, cut loss if $1.03 is violated.

Posted by stay_foolish > 2014-09-29 00:02 | Report Abuse

gary1122

Big

Stage 3 of Market Cycle- Distribution which the price can be volatile.
It breakout from Downward Channel on 09/09 which indicate Price Reversal and it hits its immediate target at $0.9 after that. It failed to stay above $0.9 to complete Trend Reversal to stage 2. Resistance 1 at $0.9 and Resistance 2 at $0.935. The price drop recently may due to weak market sentimental. Immediate support at $0.815 and strong support at $0.79. Cut loss if $0.77 is violated.

Posted by stay_foolish > 2014-09-29 00:04 | Report Abuse

Danke

Compugates

Stage 1 of Market Cycle which is normally Rectangular Trading. It is expected to trade between $0.055 and $0.075. A break below $0.055 may find $0.045 as strong support. A break above $0.075 may test $0.085/$0.095.We do not trade during this consolidation (But some may want to bottom Fish and wait it out), in this stage we will only buy on Breakout.

Posted by matrixcool > 2014-09-29 00:05 | Report Abuse

belkg > Sep 28, 2014
Kindly adv on kssc.. tks

Biking, PSSC will be my top pick for trading next week in my email to my readers.

KSSC (5192)--- It broke above $0.695(after 4 months consolidation )with volume on 24/09 and hit a new high of $0.745. It is very bullish and the sharp rise of price on 24/09 is forming what we refer as the Flag Pole, any consolidation it is expected to trade inside the Flag/Pennant pattern which offer a good buying opportunity. It is expected to re test $0.746/$0.785 / $0.80 and beyond.Stop Loss if $0.69 is violated.

Happy Trading.

Posted by master_tan > 2014-09-29 00:08 | Report Abuse

Hi TCB,

Can you provide your review on STEMLIFE ? I saw sudden volumn and price hike in a day, is it good time to enter ?

Posted by ProfitMan > 2014-09-29 00:18 | Report Abuse

jass - Texcycl:

Before its suspension on 26/9, it was attempting to breakout from its consolidation but encountered strong resistance at 0.68 and came under profit taking. Immediate support is at 0.61.

Posted by ProfitMan > 2014-09-29 00:31 | Report Abuse

Dunknow - The buyer's volume has to be look at within the context of the day's trade. By itself it does not tell a lot. Near resistance there could be a high volume of buyers but how the price settles at the end of the day's trade is more meaningful and provides a better indication to the strength of the bulls and the bears.

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Posted by Dunknow > Sep 27, 2014 03:53 PM

Hi TCB,may I know if have big volume of buyer in toward immediate resistance level or against resistance level carried any meaning?thanks in advance

Posted by jass > 2014-09-29 00:34 | Report Abuse

thanks Profitman :)

Posted by sunflower22 > 2014-09-29 01:26 | Report Abuse

Lz Lee Weiping,

Tqvm for your analysis. Good night.

Posted by ladzatz > 2014-09-29 01:29 | Report Abuse

http://mobile.bloomberg.com/news/2014-09-25/mystery-man-moving-japan-made-more-than-1-million-trades.html

read this... if only its me

Posted by inwest88 > 2014-09-29 07:30 | Report Abuse

Good morning matrix, profitman and all the TCB chart advisers.

Posted by inwest88 > 2014-09-29 07:30 | Report Abuse

tsy88 and Dunknow - good morning.