Sembcorp Marine

7th April, 2016, 3:22 PM
Sembcorp Marine Apr 2016
Sembcorp Marine Apr 2016

Sembcorp Marine, it formed a bullish harami yesterday on 6th april and one would kind of expect price to move up the next few days but it didn’t hence it caught our attention. And oil rebounded the night before but sembcorp marine didn’t rebounded as expected. So it might be worth pay attention to this stock

Today’s candle looks like a bearish engulfing one which might signal more downside to come. We would short at any price below today’s low and a stop loss of either 1.60 or 1.64. Targets we are looking at might be at 1.47 then 1.39.

 

Yours

Humbly

SGX, Noble

5th April, 2016, 11:28 AM
SGX
SGX Apr 2016

Another stock that we are looking for shorts is SGX. SGX currently is at is support of $7.72 and rebounded alittle towards closing. This support was previously the resistance and is now the resistance turn support. So if a break of $7.72 and staying below it would warrant us a short and with a stop loss of about $7.87.

Noble Group Apr 2016
Noble Group Apr 2016

Noble as you can see if bouncing off the uptrend support line at about 0.41, its is also the horizontal support line of 0.41 and a break below that might signal more downside to 0.385 first. Lets see where this goes from here.

Yours

Humbly

 

Cosco

5th April, 2016, 11:14 AM
Cosco Apr 2016
Cosco Apr 2016

Hope everyone is having a good week so far, we’re DOWN with the first two days of the week and market also has been DOWN too.

We hope you managed to make some profit from keppel corp shared very recent and even EZRA which broke our key support of 0.109 and slammed down to the low of 0.091 this morning.

We are now looking at Cosco, it has formed a rounding top from about 40 cents level and has come down to test the support of 0.335. A break below that might see cosco go lower to 0.285. We would use CFD (DMA) to initiate our short positions with a stop loss at 0.37. There was a slight increase in volume for this stock today too. So maybe something to take note. =)

Yours

Humbly

 

 

Keppel Corp

2nd April, 2016, 3:13 PM
Keppel Corp Apr 2016
Keppel Corp Apr 2016

Oil tried to stage a rebound to about $41 in the recent weeks  but couldn’t stage a strong enough rebound to go past that and profit taking is taking place.

Keppel corp or KC for short is a stock that is related to the oil industry and is at its immediate support and a break of the horizontal support of $5.77 might see it touch that short term uptrend line and a further break might see it finally down to $5.50 . Our Stop loss if we short would be at $6.

Yours

Humbly