TEBRAU

[freeasabird]

I wanna know...the use of triangle breakout is to wait the movement till meeting point isn't? Then we enter if it break the top? Like that ka?

NOT NECESSARY TILL THE END

sciencegto,

When you glance at other examples of a triangle or wedge or any pattern where the twains, in this case, the 2 trendlines meet, 80% - 90% do not reach the meeting place. This is NOT TEBRAU's highest point so we cannot call it the apex which are usually reserves for wedges pointing upwards - peak, summit, tops so on and so forth.

As I posted, it can mean breakout north or south and sideways - it cannot go west. LOL!!!

If sciencegto is waiting for an opportunistic chance to enter TEBRAU, then monitor for a northern breakout of the sloping resistance trendline. The bottom rising trendline is of course a support line.

TEBRAU is chosen for a topic discussion becoz of it's volatility and speculative nature. Many traders are monitoring this stock. But lately, it's volume depicts less activities here.

But at the moment, TEBRAU looks like it's awakening from it's slumber. Prices and vol increasing in tandem ready for a northern break..... good sign.

Note : NOT necessary we must trade TEBRAU becoz it presents such an opportunity. The criteria is an example of options - what to do if that happens to one of your stock rather than TEBRAU. Trade at your own risk.

Happy Trading

[Sciencegto]

I think I will not touch it.. at that price I only can buy 1 or 2 only.. If it just up 10 cent, small gain only.

[P Trader]

Yes, Tebrau has got out of its slumber. More excitement on the way?

[richard188]

Yes, Tebrau has got out of its slumber. More excitement on the way?

Ya i terbau also 5,000 shares x 1.55 =Rm 7,750 .still keeping. I should got it Rm 1.53

my action not to rush.

[freeasabird]

Yes, Tebrau has got out of its slumber. More excitement on the way?

SOMEBODY GOTTA COMPENSATE MY OVERTIME

Hey bros ........ I plotted and charted TEBRAU until 1.38am wor? Emergency case of breakout albeit north or south, I had a technical hunch TEBRAU is waking up ........ Viola! Perfect timing

Now I wonder who's gonna sponsor my kopi-o kaw?

Note :The red lines 1.72/1.76 is programmed Smart Resistance & Support (SRS).

I did what I possibly can. If you get into a mess, it'll be your decision. If you happen to win (touch, I hope u is can) then you owe me a kopi-o kaw kaw. 

Goodluck to your investment

Goodluck to your investment.

 
Happy 2c forumers making money here. I contributed my share however little. Hopefully no one gets free disappoinment.

HAPPY TRADING FOLKS !!!

[swingtrader100]

The pullback buy signal for TEBRAU was given on 14 Jun 07(Thu) when the previous day high at 1.52 was taken out. It was possible to buy today since TEBRAU did dip to 1.52 for a while.
The swing target is 1.83.

[Sciencegto]

From the weekly chart I saw a hanging man dude , although its not make any gap...any comment?

[freeasabird]

The pullback buy signal for TEBRAU was given on 14 Jun 07(Thu) when the previous day high at 1.52 was taken out. It was possible to buy today since TEBRAU did dip to 1.52 for a while.
The swing target is 1.83.

EXCELLENT TA

Bravo swingtrader100..... U desrves full marks for your astute obversations but I'm not too confident of the 1.83 swing target.

Anyway, that says a lot about your confidence and comittments. 

I couldn't had done it any better myself. You are awesome bro ...... BRAVO

[swingtrader100]

The swing target is projected from the potential low based on the previous upswing height. See chart attached.
From the trading point of view since TEBRAU trend is up we expect the recent high to be taken out. There is no guarantee that the swing target will be reached but it is to provide guide where to take profit.
I consider TEBRAU trend is up because it has stopped making lower highs and this is supported by a rising 20-day MA line. A pullback to the 20-day MA line after making a higher high is the buy set-up that I looked for.

[swingtrader100]

From the weekly chart I saw a hanging man dude , although its not make any gap...any comment?

Although it looks like a hanging man but it only appeared after 1 long white candle. I would consider it more significant after 2 or 3 long white candles. But in trading we never know because we are dealing with probabilities.

[Sciencegto]

yeah, just wait and see. TQ.

[freeasabird]

From the weekly chart I saw a hanging man dude , although its not make any gap...any comment?

Although it looks like a hanging man but it only appeared after 1 long white candle. I would consider it more significant after 2 or 3 long white candles. But in trading we never know because we are dealing with probabilities.

ONE SWALLOW DO NOT MAKE A SUMMER

Neither does one grizzly candle make a winter.

Unless it was a false TEBRAU breakout, sure that is worth a little more b4 profit taking sets in. Belum T3 mah.

You're on you way .... congrats folks! Belanja kopi boleh?

[freeasabird]

The pullback buy signal for TEBRAU was given on 14 Jun 07(Thu) when the previous day high at 1.52 was taken out. It was possible to buy today since TEBRAU did dip to 1.52 for a while.
The swing target is 1.83.

EXCELLENT TA

Bravo swingtrader100..... U desrves full marks for your astute obversations but I'm not too confident of the 1.83 swing target.Anyway, that says a lot about your confidence and comittments. 

I couldn't had done it any better myself. You are awesome bro ...... BRAVO

THE VOLUME IS A HINDRANCE TO THE 1.83 TARGET

As I said above, the 1.83 target is quite out of reach within this intermediate period. The volume at the last 1.83 was huge. When this stock was rementioned recently, there was little volume . TEBRAU was practically running on empty.

I still stick to my initial doubts. Swing target 1.83 immediated term looks slightly overstretched.

[swingtrader100]

Currently testing its last high at 1.65. It went above its high intra-day but failed to close above it.

[freeasabird]

THE VOLUME IS A HINDRANCE TO THE 1.83 TARGET

As I said above, the 1.83 target is quite out of reach within this intermediate period. The volume at the last 1.83 was huge. When this stock was rementioned recently, there was little volume . TEBRAU was practically running on empty.

I still stick to my initial doubts. Swing target 1.83 immediated term looks slightly overstretched.

MANY OTHER FAST MOVERS

Like I said, TEBRAU swing target 1.83 is not impossible. Just that the TA indicators and oscillators says it needs a herculean task b4 it can reach that price again.

Do not miscontrue this as a no go. Can do but 5.5 sen or 3.1% gain today is not really a very strong performance. Let's gauge TEBRAU's profits against some of it's peers ...... MRCB +6.9%, MECHMAR +8.4%, RCECAP +5.5%.

A win is a win but if we exercise our options to the fullest, there's other bigger fishes in the sea. I'll forward an example of prudent stock switch (some calls it swapping).

I quit SAPCRES at 1.76 with a 35 sen win. SAPCRES made a 2.2% profit closing 1.90 today. Any regrets? Nope ..... in fact I'm so glad I switched quickly.

BURSA-CC +20.8% & RESORTS-CB + 22.2% ...... 

The logic here is simple.

WE MAKE THE CHOICE. DON'T LET THE CHOICE MAKES US

Think about that bro