FYI Mahsing has broken support and can go lower. Not good time to buy or average or you could be buying into a falling market. It would
be safer to wait for prices to stop falling and see how strong is the rebound first.

Using charts have helped me to find good entry prices to buy good fundamental stocks at reasonable prices and not at peak prices
and give me more chances to make good profits.

If you simply and blindly buy without knowing the trend, you can lose a lot of money or get your money stuck in non -moving shares.

Matrix is also not a good buy now.

Just my observations. Not buy/sell recommendations.

I am really amazed so many people just buy and sell, based on news or target prices
without knowing the trends and get hurt by trying to catch falling knives or get their
money stuck in shares which cannot rebound or cannot move or are crashing. It is like
going into war without the proper weapons and being blindfolded !!

Based on my experience, timing and technical charts are also important. They may not
be accurate always but they are certainly extra tools needed to win in the share market
which can slaughter you without mercy.

I use charts to trade and know the support and resistance levels so I know when to cut loss
and when to pick cheap fundamental shares which are likely to rebound. I do not need to stare
at the trading screens for hours and can trade comfortably.

I am not selling any trading systems. Just sharing my years of experiences.

If you are interested to discuss shares, you can visit my blog (click link below).

If you want to know the trends of your shares, just list them in my blog.

No need to worry or panic about what Ben is going to do.

Still can find good shares to buy and sell in bear market.

Technical charts will certainly help.

TQ for the info. Did not know many are anti-TA. Just sharing that TA is a useful tool even
when investing in good fundamental shares. TA can help to prevent buying at high prices
or selling too soon, and keep losses small and get some big gains. Can sleep better at
night without worrying about the market.

Not boasting or giving buy/sell tips. Not promoting or selling any trading system here.

Since market has fallen, I am going to use TA to pick stocks which have stopped falling and can
rebound., instead of just averaging down and running out of bullets.

Link to my blog is just below in my signature. (http://howtoinvestinmalaysia.com)

Not free to post charts or go into long discussions here. I do not claim to be TA expert.
Just sharing info from charts and some ideas of trends of some stocks.
NOT buy/sell recommendations.

DJ has rebounded. Many cannot wait to press buy buttons and will be rushing in to catch expected
rebounds in KL today .I also would like to do this. But I do not know which stocks will rebound, by
how much or at these prices, which stocks are good for long-term investments. So, I may just wait first
to see the strengths of rebounds and if they are sustainable. I may miss some good buys but I can
look for others. There are so many counters. I cannot buy them all.

We all have our own plans. We should not blame or curse others if our plans do not give us the
results we want.

Now about half hour to market open. Happy trading !

FKLI June futures now 1751.5 up 15 points at 8.55 am.

Blue chips to rebound ? But which ones to catch?

Your guess is as good as mine.

Interesting goreng talk here. I do not know who is doing the gorenging now or when the next big
goreng is going to start and on which stocks. I have to rely on my charts to enable me to see
where the action is, and try to ride up on the next goreng and get out before getting gorenged !

I do not have any insider info and is not selling any trading systems and do not know what is
being gorenged. I am just trying to detect the action and try to ride on it. Apart from charts,
please share if you have a better system.

Luck is not enough to win. Mana ada system reminds me of MAS shares which
crashed. That is why I rely on charts to detect danger and opportunity, better
than no system.

I am not magician . I am not day-trader and only look at end of day closing prices to detect trends.
I do not stare at computer screens for hours. My strategy is to detect stocks which can rebound or
are about to move up and hold on to them until I have to cut loss or take profit, hoping to hang on
as long as supports do not break. Must be very patient because shares can take weeks or months
to move. No 100% guarantee it works all the time. No magic system but better than nothing as it can
help me reduce my losses before big crashes and also catch some big moves and profits. Also get
better sleep at night.Can others share how they decide what and when they buy and sell ?

Wow !Too many versions on specific stocks to read them all. I have not seen any sharing on how people here "generally" decide
what and when to buy and sell. If based only on FA, I would like to learn more about FA. I am only sharing my experiences
with use of TA and how it has helped me. I am not teaching TA or promoting any courses here.

Agree. It is not possible to predict what is going to happen next. I pick stocks based on some FA and interesting news.
Then everyday, I look at the closing price or end of day (EOD) price charts of the particular counter to find the resistance®
and support(S) levels. I keep tracking EOD prices and R,S levels everyday until I see a good entry or exit price. I do not
chase high prices and prefer to buy stocks about to rebound . If I have bought, I then ride the uptrend until the supports
break or I have to cut loss. It may take weeks or months to get good profits.

I do not use charts to predict target prices but only to increase my chances of winning big and losing small.

This strategy has helped me to buy some good stocks and get some big gains by not selling too soon and also to
cut loss fast before getting caught in a crash. It is, of course, not 100% accurate but it is much better than trading
without knowing some obvious trends and ending up buying too high or buying into a downtrend or selling too early
or selling too late.

One recent example is Axiata. Many could have gone in to buy the rebound on Monday. But I did not buy because
the charts show it was not a good time to buy and the upside was not much. I do not know why prices are down now,
but I have avoided getting my money stuck and using up my bullets. The support is still holding but prices can come
down further if the support breaks.

Not boasting. Not teaching TA and not selling any products or courses.

This post has been edited by LOWYAT3AB: Jun 19 2013, 01:03 PM

I have to say I do not agree with you.
TA and FA are good whether in bull, bear or sideways market,
if you know how to use them.
I also would like to point out that you can trade at any time irregardless
of overall market sentiment. This is because there are still good stocks
to buy and sell if you can find them using FA and TA.

For those interested. I observe that MAS can rebound if it can break resistance at 32 sen
but support must hold at 30 sen. Just my comments , Not buy or sell recommendations.

I am monitoring another stock which has corrected nicely about 20% from recent high and will try
to catch the rebound hopefully in next one or two days . and possibly get some good gains.

If anyone is interested to know more, you can visit my blog by clicking the link below.

Not paid blog. All free entry. No sales promo or ads there. Only shared
videos. Only created this one early this month, so not much contents now.
Have only made some comments on some stocks in comments section.
Will track some stocks and post comments there. I would like to visit
your blog to get ideas from you. If you do not have one, I can help
you build one to discuss investments.

Not sure if double bottom now but looks like 1740 strong support for FBMKLCI.
I feel cannot be too bullish now. Index not so important unless trading futures,
More important to monitor individual counters and I am careful not to use up
bullets by chasing prices or buying into shares still going down.
Just some of my comments.

This post has been edited by LOWYAT3AB: Jun 21 2013, 04:15 PM

Have to see what Bursa says about this unusual happening.

If there are any adjustments needed, the electronic TA charts will also show
the final adjustments, because TA charts just show in chart-form what exactly
happened in the share market the previous day eg volume , open high, low,
close prices. So the electronic charts are always realistic because what happened
in the market really happened. Whether you get wrong signal or not depends on
how you read the charts. If you know how to read them properly , you can get useful
info from them to help your investing in the share market.

This post has been edited by LOWYAT3AB: Jun 21 2013, 06:23 PM

Wow , klci 1748 now, only about 5 points buffer before it hits recent low
support and can go much lower if that is broken.Waiting to see if the support
can hold.

Doing some bottom fishing and taking my own sweet time slowly accumulating
some cheap stocks which have already fallen so much , and cannot fall much more
and can rebound soon, instead of trying to buy stocks which have rocketed up and
are still correcting with more room to fall.

Cannot tell too much here , otherwise people will curse me if the stocks do
not perform. I will monitor further and may give more details when
I see more rebound potential in some stocks.

Looks like you are expecting 100% accurate tips without errors.No one can give you that.
I cannot predict. I can only try to increase my probability of winning.
Only natural to make mistakes and I am not afraid of making them. I have
made a lot of progress in life by learning from my mistakes.