KSH- [ Yet Another Target Met, A Beautiful Trade]

KSH- [ Yet Another Target Met, A Beautiful Trade]KSH

KSH reached our third target of $1 as previously blogged and even went to $1.01. A beautiful trade of about 8% upside for the week and we hope that you learnt something useful from it. How volume and resistance works.

Our next target might be around $1.04-1.05 and we’ll shift our trailing stop up now to either 0.975 or $1. *Hint* Watching the closing is crucial.

We’ll be sharing more this coming Wednesday on our strategies which we have shown and much more. Do click HERE to register for it.

Yours

Humbly

Kelwin&Roy

KSH – [Spotted Before the Gap Up Today, Closing In To Our Second Target]

KSH – [Spotted Before the Gap Up Today, Closing In To Our Second Target]KSH

KSH had a nice gap up today just two days after we blogged about it. It gaped above the 20 days moving average and also our horizontal resistance line of 0.93.  A nice upside then followed which hit our first target of 0.955 and closed above it.

We will put a trailing stop now at 0.93 so the worse case scenario is losing 0.05 cents. But of course we will be watching the market during the day to see if we need to take profit along the way. Remember flexibility is important too.

Our next target would be 0.975 then 0.995-1 as this might be a psychological level and there would be some resistance here.

We’ll be conducting a simple workshop next Wednesday, where we’ll be sharing our simple techniques on how we spot such stocks. Also how we can use CFDs to swing trade such stocks to maximize our returns. Simply click here to register now.

Yours

Humbly

Kelwin&Roy

KSH – A Rise in Volume

KSH – A Rise in VolumeKSH

KSH a well established construction and property development has seen some increased in volume in the morning. Its close to mid day and the volume looks rather healthy. Hence it has caught our attention.

The resistance for KSH is at 0.93 and a break above that might see it move towards our two potential resistance at 0.955 then 0.975. A good breakout would be for it to hold above 0.93.

Our stop loss would be at 0.885.

Yours

Humbly

Kelwin&Roy

Food Empire – Bingo Once Again

Food Empire – Bingo Once AgainFood Empire

Food Empire was a stock that we were analyzing on 31st May and mentioning that some down side were would good. It broke below our horizontal support of 0.725 and went to our target of 0.67. That’s close to a 7% drop. Using Poems Cfd to short would enable shortist to hold their position for more than a day. Taking some profit would be wise too.

Food Empire saw some rebound after hitting our support line and we might see some rebound maybe to 0.7 area. We will be watching now to see if 0.67 support holds and if that doesn’t then we might see more downside to 0.64. We’ll watch and see.

We’ll be holding a workshop very soon to share with all our readers very simple trend lines that we use which we post on our blog. Do stay tune.

Yours Humbly

Kelwin&Roy

Food Empire – Some Pullback Would Be Good

Food Empire – Some Pullback Would Be Good Food Empire

Food Empire an uptrend stock had a good run but we feel that some pullback would be good for this stock.

It has broken its short term uptrend line and today it broke its horizontal support of 0.725.

We’re looking at a possible downside to the 20ma or 0.67. Our stop loss would be at 0.785. Breaking that might see Food Empire continue its uptrend.

Remember we’ll use Poems CFD for short and not naked short.

Yours

Humbly

Kelwin&Roy

China Aviation Oil- A Potential Breakout Play

China Aviation Oil- A Potential Breakout Play

CAO

China Aviation Oil or CAO for short has caught our interest once again. There is an increased in volume today and has reached it’s horizontal resistance of 1.66.

If CAO manages to break that resistance and stay above it we might see further upside to 1.72 first. It is currently above its 20 moving day Our stop loss would be 1.62. We’re choosing to keep to a tighter stop loss this round as recently our local market has been a little choppy. So we’re keeping to a tighter stop loss and reducing our lot size accordingly.

Our job is to manage the risk and let the market take care of the rest. =)

Yours

Humbly

Kelwin&Roy

GKE Corp- On Our Watchlist Again

GKE Corp- On Our Watchlist AgainGKE

GKE once again back in our watch list after a nice run up since we blogged last month. GKE as you can see it resisted by the downtrend line which we drew.

Possible scenarios that could play out. It could retrace a little to the second support line of around 0.174 which we might consider an entry Or if it can breakout from that resistance line of about 0.183.

Support would be at 0.173

Our concern is that the simple moving average is kind of closing in together so it might signal a change in trend but if the price starts moving up then the SMA would start moving apart.

On the other hand the EMAs are still apart. So let’s watch it closely the next few days.

Yours

Humbly

Kelwin&Roy

Ezion – Down To Our Target

Ezion – Down To Our Target ezion

Ezion fell to our target of 0.29 close to 8% fall in just 2 trading days from when we blogged. It has hit 0.29 and rebound after that.

If it can regain the 30 cents level then we might see some rebound but the trend could be down and we are looking more to short on rebound. The moving averages are still slopping down so the trend still remains down. We are targeting 0.26 as the next target after the rebound but of course in a slow and steady manner.

Yours

Humbly

Kelwin&Roy

Ezion – Floating Where Now?

Ezion – Floating Where Now? ezion

Ezion can be seen as a down trend stock and is below the 20 and 50 days moving average too.

It is currently sitting on the 0.32 horizontal support which is also around the downtrend line lower channel support. If the 0.32 horizontal support doesn’t hold again we might see further downside to 0.29 first . After which 0.265 might seem possible.

Oil prices are currently down so let’s see how it will affect our oil stocks and ezion  tomorrow.  Our stop loss could be at 0.35 or 0.36 which is above the 50 days moving average.

Yours

Humbly

Kelwin&Roy

 

GKE Corp – Ran Up As Blogged Yesterday

GKE Corp – Ran Up As Blogged Yesterdaygke

GKE Corp ran up today after we mentioned it last night. Using simple technical analysis and a trendline  which we drew for all to see last night yield quite a positive result. It does take some time to learn to draw those trendline but we’re happy to teach..Volume came in around afternoon and it broke past the horizontal resistance of 0.185.

GKE Corp was up close to 5% intra day but we always like to go slow and steady. We’re still hopefully for our 0.194 target but will access the situation accordingly.  GKE Corp was the few stock that closed up despite the weak market sentiment.

Remember your trailing stop loss and have a great weekend .

Yours

Humbly