Sembcorp Industries – [ $1.55 Target Hit! Next Target?? ]

27th October, 2020, 5:57 PM

Sembcorp Industries – [ $1.55 Target Hit! Next Target?? ]Sembcorp Industries 27th Oct 2020

Chart Source: Poemsview 27th Oct 2020

Sembcorp Industries gave us a pleasant surprise and moved up over 4.5% to hit our target of $1.55 just a day after we posted. Once again it bucked the overall trend and emerged top for the STI component.

So now that $1.55 has been hit, what’s our next target? We’re looking at $1.60 then $1.64 but of course not overnight unless Sembcorp Industries decides to surprise us! It’s good to learn how to swing your trade using CFD and not overtrade by going in and out. Learning to have a trailing stop is also important in order to ride your trade. The 10ema would be our support for now.

One suggestion might be the breakout point of $1.46 as ur trailing stop or maybe even $1.50 if u want to protect more of your profit. Remember to always take some profits off the table so you can utilize your funds too.

Want to cut through the noise and get such trade alerts straight to your handphone?

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See you onboard soon!

Yours

Humbly

Kelwin&Roy

 

Gold – [ Let’s Talk More About It And Where It Might Be Heading Towards Part 1 ]

27th October, 2020, 7:07 AM

Gold – [ Let’s Talk More About It And Where It Might Be Heading Towards Part 1 ]

Chart Source: Poemsview 27th Oct 2020

GOLD! I’m sure most of us are not stranger to that word and have some interest in it. Gold is generally consider a safe-haven asset whenever markets are volatile and uncertain. The demand for gold is usually driven by market instability. We can see how much gold has risen ever since covid-19 hit causing one of the greatest rally in gold. Gold usually has a negative correlation to other assets like stocks and bonds but in recent times are we see US market trend up, gold has been on a steady climb. So remember to watch the charts and not just listen or read information without looking at the charts.

So are we too late into the gold rush? Let’s take a look at the charts to help us answer that. Currently gold is in a consolidation. With a lower support at around $1850 and and upper range of around $1931. Its below its 20 & 50ema of around $1907 so moving up above it is a first positive sign. It is also slightly below the short term uptrend line but regaining its foot above it at around $1914 would be another positive sign.

Biden and gold. So what will happen if Biden wins the US election? His plan for a huge stimulus might see gold prices moving up. Bigger stimulus might cause a weaker USD in the near term and has money is being pumped into the system inflation might start to creep in. Gold is usually a hedge for these events and we might even see gold retesting the high of $2000.

Next question would be how to invest in gold? We’ll cover some ways to invest in gold in our next blog post so stay tune!

Meanwhile, keeping a close watch on gold.

Yours

Humbly

Kelwin&Roy

Sembcorp Industries – [ Broke Above $1.46 Resistance, Is $1.55 Possible? ]

26th October, 2020, 7:12 PM

Sembcorp Industries – [ Broke Above $1.46 Resistance, Is $1.55 Possible? ]Sembcorp Industries 26th Oct 2020

Chart Source: Poemsview 26th Oct 2020

Sembcorp Industries once again bucked the overall downtrend today and emerged positive closing up 2%. It’s one of the rare few stocks in the STI component that managed to remain positive and hopefully we’ll see more upside.

It took a nice break consolidating for the past few and breaking out of the $1.46 horizontal resistance despite a down day. This shows strength to us furthermore, there is an increase in volume too. From our previous post, Sembcorp Industries has hit our $1.47 target and we might see $1.52 next. $1.55 might even be possible before it starts taking a break. A sustain in volume is something we’re looking out for in order for this uptrend to continue. We’ll prefer to use poems CFD in order to ride such trades as compared to contra.

Don’t forget election is just about a week plus away!

Want to cut through the noise and get such trade alerts straight to your handphone?

Then be our EXCLUSIVE CLIENT and find out how much value is waiting for you!

See you onboard soon!

Yours

Humbly

Kelwin&Roy

 

Why Did Medical Stocks Sell Down? And Here’s What We Did

22nd October, 2020, 6:56 AM

Why Did Medical Stocks Sell Down? And Here’s What We Did

Image source: thejarkatapost

It wasn’t a good day out for medical stocks yesterday as they all took a nosedive.

Familiar names like medtecs, UG healthcare, riverstone, Top Glove all took a beating of over 5%

What caused this sell down? One possibility could be due to this  news.  China giving 60k people with covid-19 vaccines will no ill effect.  How successful will this be? Only time will tell.

With the selling, of course we’ll be affected. We did well with UG healthcare and Riverstone but unfortunately Top Glove didn’t quite go the way we wanted it to. And here’s what we did. Sending a message to our clients to remind them that our Stop Loss in Top Glove has been hit!

No need to shy away from it, its normal to have stop loss but if you know of anyone who doesn’t CONTACT US, we want to know that person too. =) So a reminder was sent so that our  clients know it’s time to cut loss.

It is important not only to have a good section of stocks but also to have someone reminding you when it’s time to get out! As traders we all know how crucial it is to cut your losses and  not be in denial.

Want a remisier who’s looking out for you? Reminding you when it’s time to cut loss?

Contact Us to find out how you can receive such awesome service.

Yours

Humbly

Kelwin&Roy

SATS – [ Skies Are Opening Up! But Not Clear Skies Yet ]

21st October, 2020, 6:45 AM

SATS – [ Skies Are Opening Up! But Not Clear Skies Yet ]

Chart Source: Poemsview 21st Oct 2020

SATS has caught our attention since early Aug when covid cases started to stabilize and when it was trading at around $2.84. Talks were in place for travel to restart too. Singapore has been doing keep covid cases at bay with an average of 1-2 cases in the community which is  giving travelers some confidence. Phase 3 could be on the cards by year end too!

More good news as Singapore is firming up talks on travel to HK while SIA is also opening up its non-stop flight to NYC. More flights are opening up to Australia too. Cruise to nowhere is also starting next month and all these restarts are good for the badly beaten SATS. Yes, travel demand is not going through the roof yet, but countries are taking the right steps in trying to open their tourism industry.

From a technical perspective, Sats is currently above the 100ema which it hasn’t cross in awhile so this is a positive sign to us. It recently tested this support which is also the downtrend line which we drew which showed strength and could bounce back up. Immediate resistance we see is at $3.14-3.15 once that is cleared we might even it challenge the 200ema in the coming weeks.

Keeping a close watch on SATS

Yours

Humbly

Kelwin&Roy

ISDN – [ Broke Out? Can It Move Up Further? ]

20th October, 2020, 1:16 PM

ISDN – [ Broke Out? Can It Move Up Further? ]ISDN 20th oct 2020

Chart source: Poemsview 20th oct 2020

ISDN looking good as it has broken above its horizontal resistance of $0.415 with some volume.

Could it stage more upside? It tested the $0.415 resistance just a few days back but failed to break it. From a technical analysis point of view, today seems a little different as it gapped up came back down to test the support and is back up now. If it manages to stay above this resistance turn support we might see more upside.

We have drawn the support and resistance levels for ISDN, keeping a lookout! Don’t forget election is around the corner. So always have a trade plan!

Yours

Humbly

Kelwin&roy

Sembcorp Industries – [ Bucking The Overall Trend Today, More Possible Upside? ]

15th October, 2020, 5:26 PM

Sembcorp Industries – [ Bucking The Overall Trend Today, More Possible Upside? ]

 

Chart Source: Poemsview 15th Oct 2020

Sembcorp Industries one of the rare few counter that buck the downtrend and closed positive. In fact, it’s the highest percentage gain within the STI component for today.

We’re glad we managed to catch Sembcorp Industries just before it broke out alerting our EXCLUSIVE CLIENTS on Monday when it was trading at $1.34. A nice 10 cents upside which is about 7.5% in a week is a good trade to us! Could Sembcorp Industries continue its run? We think it might be possible given that its strong in a weak market, there is volume coming in and it closed above the $1.40 horizontal resistance.

Our next possible upside is $1.47. But do be cautious, elections is in about 3 weeks, so things could start to get volatile again.

Want to cut through the noise and get such trade alerts straight to your handphone?

Then be our EXCLUSIVE CLIENT and find out how much value is waiting for you!

See you onboard soon!

Yours

Humbly

Kelwin&Roy

Medtecs – [ Let’s Analyze What Happened Today, Did You Get Trapped ? ]

14th October, 2020, 6:37 PM

Medtecs – [ Let’s Analyze What Happened Today, Did You Get Trapped ? ]Medtecs 14th Oct 2020

Chart Source: Poemsview 14th Oct 2020

Medtecs released a blockbuster results last night which made a lot of traders excited awaiting the opening this morning.  Net profit was up 111,466% which might make everyone rush in this morning. True enough retailers tried to join in the ride in the morning which looks promising until medtecs came close to the resistance of $1.60. From then, it got sold down rather quickly. Medtecs closed 8% down which might seem a little odd for such an impressive results?

Let’s analyze a little deeper and see what we can learn in order to avoid such a situation in future.

  1. Price ran before results. From the chart, we can see that medtecs started to run monday ahead of its results. Looks like a case of selling on results. Like buy on rumors and sell on news. It is understandable that traders were scared to miss out and wanted to get in at whatever price.
  2. Were traders expecting good results already? It is not much of a surprise that glove makers, PPE/mask makers would be reporting a good set of results.
  3. Take note of resistance too. Just because they reported a good set of results, it’s still important to watch out for resistance.

It is also always good to seek a second opinion if you’re unsure and we’re glad to share our two cents worth. We’re glad we didn’t chase this trade and shared with our clients regarding this trade. Also buying ahead of results is always a gamble as results could swing both ways and also if market had already priced in the expected good results. We don’t really advocate holding for results unless you are very aware of the risk.

Let’s look at Medtec from a technical perspective. It is still above the short term uptrend line, the resistance is around $1.60. First Support at the 5ema then $1.20 at the uptrend line which is also the 50ema.

Need an extra pair of eyes during market hours?

Just drop us a msg and you’ll get back to your shortly.

Yours

Humbly

Kelwin&Roy

 

Frencken – [ What’s Our Next Target? $1.10 Possible? ]

14th October, 2020, 6:50 AM

Frencken – [ What’s Our Next Target? $1.10 Possible? ]Frencken 14th Oct 2020

 

Chart Source: Poemsview 14th oct 2020

Frencken has seen a nice upside in the recent week after it broke above its 20ema. We’re glad we managed to alert our EXCLUSIVE CLIENTS when it was trading at $0.98. It moved up after but didn’t move  as much as expected but as we waited our patience paid off.  A nice 10% upside in two weeks is good to us as we continue to value add to our clients.

So what’s next for frencken? Will it be able to hit $1.10? Using technical analysis $1.10 is within grasp but we would prefer to take some profits off the table as some pullback and consolidation might be possible before it gathers strength to test $1.10 and maybe even $1.14!

Want to cut through the noise and get such trade alerts straight to your handphone?

Then be our EXCLUSIVE CLIENT and find out how much value is waiting for you!

See you onboard soon!

Yours

Humbly

Kelwin&Roy

 

Ascendas Reit – [ What Has It Broken Out From? ]

13th October, 2020, 5:10 PM

Ascendas Reit – [ What Has It Broken Out From? ]

Ascendas Reit 13th Oct 2020

Chart Source: Poemsview 13th Oct 2020

Ascendas Reit is a business space and industrial reit which i’m sure many would have seen their spaces all over Singapore. It is also part of the STI component. The Singapore portfolio includes Business and Science parks, High specs industrial & Data Centres. In 2019  ,Ascendas REIT acquired 28 business park properties in three growing US tech-cities. High-specs industrial and data centres make up 17% of its portfolio; with ICT customers contributing 9%, and data centres contributing 5%, to its monthly gross revenue. Data centres like we mentioned in our previous post of Keppel DC Reit is a hot asset in the market. Though Asecndas Reit is not a direct play its good to have a mix of it.

It’s dividend yield is around 4.9% which is decent. So let’s look at it from a technical analysis perspective.

It has broken above its 20 and 50ema which is a positive sign. If you look back, these two moving averages as been acting as the resistance and finally today it managed to break above it. Volume came in too as we can see it’s higher than the last few days. These are positive signs to us.

We have drawn some of the support and resistance level and we might see $3.40 in the coming weeks.

Keep a close watch!

Yours

Humbly

Kelwin&Roy