"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 .
Bearish after breaking down from its uptrend line. It is currently consolidating sideways with an immediate support at 0.65. For the moment, it has found a bottom at 0.595. It needs to overcome its immediate resistance of 0.69 for any potential upward movement. You may want to set a stop loss at 0.64 should 0.65 be broken on volume.
On a downtrend. If the current low of 0.645 is broken down, it will trend towards 0.615. It faces a strong immediate resistance at 0.69. If you are thinking of bottom fishing, you may want to wait for the selling pressure to ease off first as the stock is still very weak and any price recovery could be met with traders' liquidation. But in the event that you want to take the risk, do set your stop loss price.
tsy88-wzsatu sorry for the late reading coz was quite busy. Wzatu is down trending at this junture.Currently its grossly at oversold position.Key supports are located at 1.85 and 1.775. A technical rebound with volume will bring share prices to a resistance of 2.10, 2.27 and 2.44.Stop loss if 1.70 is violated. Happy trading.
tsy88-Yinson Current down trend on oil prices has drag all O&G related stocks downwards. Yinson had secure licence from Petronas as reported in the weekly edge and is consolidating sideways. Any rebound on O&G prices,Yinson can recover quite fast in a single trading day. A good mid term stock to accumulate.On a rebound resistance can be found at 3.01 and 3.29. Supports are located at 2.58 and 2.43. A stop loss if 2.40 is triggered. Happy trading
tsy88-Fiamma Share prices are triggering strong upside trajectory.Noticeably on hourly charts indicates strong buying momentum.A positive break above the upper band will bring shares to a resistance of 2.33 and 2.45 levels.Supports at 2.20 and 2.12. Cut loss if 2.10 is violated. happy trading.
tsy88-Cheetah Share prices are on a downtrend,trading below 100MA. If the current price at 50MA@0.56 is broken, it will trend downwards to 0.54 and 0.52 supports. A strong immediate resistance can be found at 0.57 accompany with volume.Stop loss if 0.50 is triggered. happy trading.
Uptrend still intact but is facing stiff resistance at 0.245. If it is able to break 0.245, it will resume its uptrend further. It should enjoy good immediate support at 0.225.
-------------------------------------------------- Posted by michaelwoo > Nov 17, 2014 09:49 AM
Dunknow - good morning. Yeah, Dow so strong, keep setting new highs. At last our Klci reverses yesterday and goes back up again. Also most stocks have also come back to life with sone posting handsome gains. Did a few intra trades yesterday. Hope you also had a good day and may today be a prosperous day for you!
Yoda88 - good morning. Just saw your reply! Thanks so much for readings on Wzsatu, Yinson, Fiamma and Cheetah despite being so busy. Really appreciate your effort and time taken to extract the details. Had traded in Wzsatu with very minor gain only and very interested to buy Fiamma for long term hold. Monitoring Cheetah and Cheetah.
Good afternoon everybody Can anybody help out with the TA of Prestar? The price has been mostly static and downtrend since it hit the highest point at 70+sen months ago...Thanks in advance.
tiongms-Supermx Currently shares prices are downtrending.There's no play in rubber glove theme at the moment.If you're looking for bottom fishing,you may want to wait for a reversal after selling pressure is ease as the stock looks weak. Watch for momentum and volume. Immediate supports can be found at 2.00, 1.91 and critical support at 1.80 level.Any technical rebound will bring the share prices to test 2.13 and 2.27. Happy trading.
tsy88 / Dunknow - my apologies for rarely coming in of late as at present there is not much for me to share with you. Although all these years I have been using my methodology (which has served and is still serving me well) in trading I am now (having a bot more time) putting in some effort to revisit, redefine and realign some of the criteria in picking stocks. It's more of a challenge than to make big money. After all I am just a small and conservative player. Good night !
Stage 1 of the Market Cycle. Formed a Dark Cloud Pattern on 11/11 which indicate Price Reversal. It is expected to trade between $0.22 and $0.25 in near term. A break above $0.25 may find further test resistance 1 at $0.27 and resistance 2 at $0.3. Any weakness may find $0.22/$0.23 as immediate support. Strong support at $0.2.
Stage 3 of Market Cycle which the price can be volatile. Failed to breakout from Double Bottom at $0.985 on 11/11. It Gap Down on 17/11 which show a lots of weakness. May find $0.835 as immediate support and strong support at $0.8. For short term trader, cut loss if $0.8 is violated. For medium term trader, cut loss if 0.775 is violated.
Stage 2 of Market Cycle which is Bullish. The Up trend is still intact. Formed a Hanging Man Candle today which indicate Price Reversal/ Indecision. Further consolidate should be expected. Any weakness may find $0.41/$0.43 as immediate support. For short term trader, cut loss if $0.41 is violated. For medium term trader, cut loss if $0.385 is violated
Sorry for late reply !! Was away last week. Here you go :)
Humeind
Stage 4 of Market Cycle- Bearish. It is trading in Down-Trend line. It formed Engulfing Bull today which indicate the Price Reversal but the volume is less convincing. May further test resistance at $3.9 and stronger resistance at $3.99. Any weakness may find $3.7 as immediate support and $3.62 as strong support.
hi inwest88,nothing to apologies....we are just like 1 family of TCB...of cos,it's nice to share,but it's OK even you have nothing to shares,cos we do shares our cares,respect,humbles, generousity & happiness in this forum...cheers :D...btw,small/conservative player = not greedy player...kakakaka....nice to hear from you again,inwest88....nite nite
Hi elle, IDEAL: After hitting a high of $0.705 on 07/11, it failed to stay above it due to high selling pressure. The selling pressure continued subsequently causing the price to pull back to a current support at $0.54. It is currently consolidating between $0.54 and $0.705. Breaking the resistance $0.705 will have bullish implication (buy signal) which will take it to the resistance at $0.75 before able to retest its all-time high of $0.84. Further weakness will find next strong support at $0.52. Stop loss if $0.475 is violated.
Hi sunflower22, EXTOL: Bearish after breaking down from its uptrend line on 14/11. It formed a bearish engulfing pattern that day and had some pull back and currently seems to be consolidating sideways with an immediate support at $0.30. For the moment, it has found a bottom at $0.25. Further upward movement will find immediate resistance at $0.32 and $0.34 before it can retest its previous high at $0.355. You may want to consider stop loss if $0.29 is violated.
SDRED: It is under sideways consolidation with immediate support at $0.99 follow by next support at $0.95. Any upward movement with find immediate resistance at $1.08 and breaking above it will have bullish implication (buy signal) with gives an estimate TP1 of $1.15/$1.17. Stop loss if $0.95 is violated.
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 .