ThaiBev – [ Broke Out? Real Or Fake? ]

5th July, 2019, 8:25 PM

ThaiBev – [ Broke Out? Real Or Fake? ]ThaiBev 5th July 2019

Chart Source: Poemsview 5th July 2019

The previous time we mentioned ThaiBev was in early May when it was trading around $0815 and we warned of further downside. True enough the downside came and it went down all the way to a low of $0.735. A very decent downside if you ask us.

Thaibev has caught our attention once again and this time we’re looking at it for some upside if possible. Don’t forget that ThaiBev is part of the STI component stock.

It has broken out of its horizontal resistance of $0.86.

1..It managed to stay above that at closing which is a good sign.

2. Volume is much more than previous days

3. Moving averages are sloping up.

What other points are you looking at?

Where would you place your stop loss or entry?

Want to know more about our plans for ThaiBev?

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Yours

Humbly

Kelwin&Roy

 

 

Apac Realty -[ Watching For The Break, What’s Your Trade Plan Like?]

3rd July, 2019, 3:02 PM

Apac Realty -[ Watching For The Break, What’s Your Trade Plan Like?]

Chart Source: Poemsview 3rd July 2019

Apac Realty has seen a nice base forming recently and is also being supported by the 5ema which we talked about in our seminars. It is also supported by the uptrend line which adds to another positive sign.

Apac Realty is currently at the horizontal resistance of $0.56. We’re keeping a lookout for it as property counters like Capitaland is still moving today.

Want to know more about our plans for Apac Realty?

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Yours

Humbly

Kelwin&Roy

Straits Times Index – [ Rebound Rebound Rebound! Updates Updates!]

1st July, 2019, 9:09 PM

Straits Times Index – [ Rebound Rebound Rebound! Updates Updates!]

Chart Source: Poemsview 1st July 2019

Straits Times index or STI along with regional markets saw a nice upside after the G20 meeting. A positive outcome where US and China are ‘back on track‘ with no further trade tariffs in the near term as leaders will resume trade talks.

As for our STI, ever since we alerted our readers of the potential rebound on 5th June, STI has made a V shape recovery which is rather impressive in our humble opinion. STI is up close to 7% which in less than on month which is very good according to us. Many blue chips counter like Wilmar, Capitaland, UOL, our three local banks have seen a nice rebound.

If we take  a look at the chart now we can see that STI is nearing its resistance but if the bullish sentiments continues we might see it breakout of that and retest the previous high of 3400 area. We’re using the 5ema for now as a guide for the support as that has been supporting the index for the last few weeks.

Lets keep watch. Fed meeting is at the end of the month, could the market run ahead of it with a possibility of a rate cut?

Do CONTACT US if you want to know more.

Yours

Humbly

Kelwin&Roy

Sembcorp Marine – [ Might Be Worth Looking Again, Here’s Why]

30th June, 2019, 9:12 PM

Sembcorp Marine – [ Might Be Worth Looking Again, Here’s Why]Sembcorp Marine 30th June2019

Chart Source: Poemsview 30th June 2019

Sembcorp Marine had a nice upswing of about 5% since the last time we blogged and we’re looking at it again.

Here’s some of the reason why Sembcorp Marine is on our watchlist again.

  1. Recent News of sembcorp industries to provide 2 Billion loan facility to Sembcorp Marine
  2. If we re draw an uptrend line Sembcorp Marine is currently sitting on it and with a horizontal support of $1.45. A break below that might cancel our view of Sembcorp Marine
  3. Russia agrees with Saudi Arabia to extend OPEC oil output deal
  4. The risk reward for this set up is not bad hence its on our watchlist

What is your trade plan for Sembcorp Marine? Do you have a trade plan whenever you enter the market?

Want to know more about our plans for Sembcorp Marine?

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Yours

Humbly

Kelwin&Roy

Olam – [ Share Buy Back, What To Do? ]

26th June, 2019, 5:55 PM

Olam – [ Share Buy Back, What To Do? ] Olam 26th june 2019

Chart Source: Poemsview 26th June 2019

Olam has been announcing a slew of share buy back since the start of june. It has slowly seen its price increase since then and that has caught our attention. Olam finally managed to cross its 200ema which we feel is a positive sign coupled with a share buy back.

Of course, our EXCLUSIVE CLIENTS were alerted on this last Wednesday as we share our analysis. We’re glad it hit our $2 target which is 4%  upside since our entry. Olam is currently facing some resistance, as $2 is a round number resistance it might take awhile to break it. A break above this might see it move higher to $2.07

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Yours

Humbly

Kelwin&Roy

 

 

 

Sembcorp Marine – [ News Out, Resistance Hit, What To Do? ]

24th June, 2019, 9:39 PM

Sembcorp Marine – [ News Out, Resistance Hit, What To Do? ]Sembcorp Marine 24th June 2019

Chart Source: Poemsview 24th June 2019

Sembcorp Marine had a morning run probably due to the news that was released last Friday and those unsuspecting traders  probably jumped in in the morning hoping for a nice gain. Unfortunately that didn’t quite happen, Sembcorp Marine opened at $1.57 and moved up slightly to $1.59 before it got hit hard and slammed all the way down to a low of $1.50. This also coincide with our resistance at $1.58 which is close to 7% upside since we blogged. Profit taking came in and those who entered today probably didn’t end the day that well.

As the saying goes, buy on rumor and sell on news. As news was released, chasing the price wouldn’t be recommended Here are some reasons why.

  1.  Sembcorp Marine had a run up before the news
  2.  It is not us to usually chase on news release.
  3. Lastly, before entering an trade, it is always important to do a risk reward analysis in order to ensure that your trade makes sense.

Sembcorp Marine is currently at the uptrend support and breaking that might see it move to the horizontal support of $1.45.

Keep Watch!

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Yours

Humbly

Kelwin&Roy

 

Sembcorp Marine – [ 5% Upwards Movement Since We Blogged, News Released On 2B Loan]

23rd June, 2019, 4:45 PM

Sembcorp Marine – [ 5% Upwards Movement Since We Blogged, News Released On 2B Loan]Sembcorp Marine 23rd June2019

Chart Source: Poemsview 23rd June2019

Sembcorp Marine made an upwards movement since the time we blogged just last week when it was at $1.49, managing a nice 5% upside.

Some news was released on Friday ( 21st June) after market at 5:39pm which stated that its parent company Sembcorp Industries to provide a $2 Billion subordinated loan facility to Sembcorp Marine to better position for offshore and marine industry recovery.

This piece of news sounds positive to us and it would further strengthen Sembcorp Marine’s position giving them room to navigate through this rough environment.

Chart wise, as drawn last week Sembcorp Marine was supported by the horizontal support and is currently above its 50ema which is positive for us. Staying above this might see a near term upside target to $1.58 and if market remains bullish then $1.64 which is the gap resistance. Remember of your stop loss in every trade.

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Yours

Humbly

Kelwin&Roy

 

 

Capitaland – [ Rising On The Expectation Of Interest Rate Cut ]

20th June, 2019, 9:59 PM

Capitaland – [ Rising On The Expectation Of Interest Rate Cut ] Capitaland 20th June 2019

Chart Source: Poemsview 20th June 2019

Capitaland has seen a fierce rebound ever since market talk about rate cut in early june and with last night statement of the fed hinting that a possible rate cut might be coming in July.  With a potential rate cut that might mean borrowing for developers would be cheaper which would translate to higher profits. As such most property stocks moved up quite fiercely.

We missed out on the first run but its never too late to spot a good entry and as Capitaland bounce off its 5ema support at $3.44 that’s where we spotted an entry.We alerted our EXCLUSIVE CLIENTS  on Tuesday (18 June) for them to Plan, Prepare and Proceed as we’re glad in just two days, Capitaland moved up to our second target of $3.55 and is currently resisted.

A break above $3.55 might see it move up to $3.60.

As many blue chip property stocks have risen. We might want to take a look at second liners like Chip Eng Seng, KSH and lian beng.

CLICK HERE to see how you can learn how to plan a sound and actionable trade plan and to be part of this EXCLUSIVE COMMUNITY to enjoy such value added services.

Yours

Humbly

Kelwin&Roy

Sembcorp Industries – [ Catching Near The Support, Good Risk Reward]

20th June, 2019, 8:22 PM

Sembcorp Industries – [ Catching Near The Support, Good Risk Reward] Sembcorp Industries 20th June 2019

Chart Source: Poemsview 20th June 2019

Sembcorp Industries had a rebound of close to 5% since our alert to our EXCLUSIVE CLIENTS at $2.38.

Just a look back on this analysis where we found the risk reward to be pretty good. The horizontal support was at $2.32 where a little base was forming and it started to rebound. In addition, it also managed to break above its 5ema which we taught just last night during our workshop.

To boost the positive sentiment Sembcorp Industries was awarded the contract to install 15,000 rooftop solar panels. There were positive signs that helped in the recent rebound and we’re glad that our clients could prepare, plan and proceed.

Sembcorp Industries is currently being resisted at our second target of $2.47 and a break above that might see it move higher to $2.52.

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Yours

Humbly

Kelwin&Roy

OCBC – [ $10.90 Target Hit, Resisted After That, Time To Come Out? ]

17th June, 2019, 9:56 PM

OCBC – [ $10.90 Target Hit, Resisted After That, Time To Come Out? ] OCBC 17th June 2019

Chart Source: Poemsview 17th June 2019

OCBC together with UOB made an upwards movement this morning and closed positively while DBS didn’t manage a good closing.

OCBC has hit our third target of $10.90 as previously blogged and an alert was sent to our EXCLUSIVE CLIENTS to inform them that a significant resistance was hit. Of course final decision lies on the individual as we try our best to provide as much information as possible.

OCBC currently is facing some resistance and some consolidation around here might be a good thing and a break above $10.90 might signal more upside.

In such a volatile market we feel that booking profit fast might be one of the solutions to escape whipsaws. Don’t be too greedy at this  point , be nimble in order to survive the ride.

We’ll be conducting a workshop next Wednesday ( 19th June) at 7:30pm where we’ll go through things we learnt from the recent trade wars and how to better prepare ourselves for what is to come.

Sign up HERE if you don’t want to miss out on this great opportunity to learn and prepare yourself for the volatile market.

Yours

Humbly

Kelwin&Roy