SGX

SGX July 2016
SGX July 2016

SGX will go XD on 28 sept 2016 so do take note of that.

It is currently sitting on the uptrend line but looks like it might be breaking down from it. SGX can be a whippy stock so do take note ya. If it breaks the uptrend line more downside could be seen to the 200ma at 7.51 then to the horizontal support of 7.44 . Please take note of your stop loss too. A break above 7.75 might signal more upside and that’s where a stop loss can be placed.

Yours
Humbly

SGX, Sino G

SGX July 2016
SGX July 2016

SGX, it managed to recover to hit back into its uptrend line which shows strength and furthermore its candle today has a nice rebound pattern kind of like a hammer candle.

With that we might see more upside to 7.95. A stop loss could be placed at 7.71 while an entry is one pip above today’s high.

SINO Grandness July 2016
SINO Grandness July 2016

Sino G , worth taking a look. Supported by its uptrend line and being resisted by the 40 and 50ma. A clear of those resistance at 0.65 might see it move to 0.66 and then move up to the second uptrend line at 0.71. There was  a spike in volume today too which caught our attention. An anticipation entry can be at 0.655 and staying in till it hit our resistance line. Stop loss would be at 0.595.

Yours

Humbly

SGX, Noble

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