Sembcorp Industries – [ Slumping Before Results, What To Do?

5th August, 2019, 12:55 PM

Sembcorp Industries – [ Slumping Before Results, What To Do?
Sembcorp Industries 5th Aug 2019

 

Chart Source: Poemsview 5th Aug 2019

Sembcorp Industries together with other blue chips like the banks and property stocks took a beating since last Wednesday before fed concluded their meeting.

The 4 days drop in STI took out gains from the last two months! Amazing! 4 days drop and there goes 2 months of gains!

It was a very fast and furious drop that we have experienced and a trader has to be swift and decisive.

We’re glad we managed to catch some of the counters that fell and Sembcorp Industries is one of them.

Our EXCLUSIVE CLIENTS were alerted and also warning them of the impending release of their earning results. There was a little time left but it’s always good to be mindful of the earning results so as not to be taken by surprise.

Sembcorp Industries is nearing our second target of $2.26 and because results will be out soon so taking some profit is always good.

Learning to short is vital to today’s market. As we have witnessed how fast the market can turn and knowing how to short will allow you to ride this downturn.

We’ll be conducting a seminar on 2oth Aug ( Tuesday) at 7:30pm on how to use CFDs to short the market especially in such times.  Knowing only how to Long and not SHORT would put a trader in a severe disadvantage as he or she can only trade in one direction. Hence it is of utmost importance to equip oneself with the knowledge and tool for shorting to hedge and manage market volatility .

Sign up Via the link below:

https://www.eventbrite.sg/e/trade-war-interest-rate-cut-how-to-use-cfd-moving-average-to-manage-current-volatile-market-tickets-67919419813

See you there!

Yours Humbly

Kelwin&Roy

CityDev – [ The Importance Of Taking Profit At Resistance]

30th July, 2019, 5:38 PM

CityDev – [ The Importance Of Taking Profit At Resistance]CityDev 30th July 2019


Chart Source: Poemsview 30th July 2019

CityDev started its upwards movement yesterday and we’re glad our EXCLUSIVE CLIENTS were alerted at $9.59. Many have been asking why CityDev ran and not other blue chip property counters like Capitaland and UOL. Some reasons could be the sale of its recently launched Punggol EC or the upcoming fed meeting which might signal interest rate cut or maybe an update of its take over of the Milennium &Copthorne hotel. 

We also saw the chart being nicely set up as volume started to come in in the late afternoon which was one signal to us.

We’re glad that CityDev hit our upside target of $9.90 up 3% since our entry and as you can see started to have some retracement. As we always say, its always good to take some profit along the way and be methodical about it.

Looking at $9.90 resistance now and if that breaks we might see $10.10. Slow and steady does it!

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Yours

Humbly

Kelwin&Roy

DBS – [ Good Set Of Results, But What Happened To The Price? ]

29th July, 2019, 5:55 PM

DBS – [ Good Set Of Results, But What Happened To The Price? ]DBS 29th July 2019

Chart Source: Poemsview 29th July 2019

DBS reported a better than expected set of results this morning before market open. This caused an initial spike in the price of DBS to our third target of $26.99 which is also the gap resistance area. After a slight overshoot to $27.04 it started to come down on profit taking.

As DBS has been up since mid july traders could have anticipated a better results which they were not disappointed to. While the unsuspecting traders jumped onto the news the seasoned trader might have taken some profits. It is important to read the chart well and not to be greedy at such times. Taking some profit off the table along the way is something we usually do. As DBS is up over $1 since our ALERT to our EXCLUSIVE CLIENTS some profit taking is to be expected.

We’re putting DBS’s resistance at $27 and a strong break might look to cover that gap. Fed is meeting this week to decide the rates. Its something to look out for.

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Yours

Humbly

Kelwin&Roy

 

Singtel – [ What Is Ringing? ]

24th July, 2019, 9:05 PM

Singtel – [ What Is Ringing? ]Singtel 24th July 2019

Chart Source: Poemsview 24th july 2019

Singtel has been climbing steadily since june and have met some strong resistance at $3.56 area.

Will singtel continue its march up? or will it start to correct and head down?

What is your  trading plan for Singtel like?

We are coming up with a plan, how about you?

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

DBS – [ Follow Up, Hitting 2nd Target of $26.80, What Now? ]

24th July, 2019, 8:43 PM

DBS – [ Follow Up, Hitting 2nd Target of $26.80, What Now? ]DBS 24th July 2019

Chart Source: Poemviews 24th July 2019

DBS bank continues to inch up following our blog post just LAST WEEK. It has reached our second target and once again our EXCLUSIVE CLIENTS were alerted on it. As DBS has moved up over 3% from $25.97 to $26.80 over the past week taking some profit off the table is always good. We always emphasize in protecting your profits, we rather  make less than to have a profitable trade turn to a loss.

DBS so far is the strongest bank amongst the three local banks with OCBC the second strongest in terms of price movement. UOB didn’t have much movement and is still in a range if you refer to the chart.

Our next target for DBS is rather closeby at $26.99 also do take note that their earning results is coming out on 29 July  before market opens. Well, you know our stance in trading too new earning results, so do pay special attention.

How was your trade plan for DBS like?

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Yours

Humbly

Kelwin&Roy

 

DBS – [ Inching Towards Our First Target, What Should We Do? ]

18th July, 2019, 9:40 PM

DBS – [ Inching Towards Our First Target, What Should We Do? ]DBS 18th July 2019

Chart Source: Poemsview 18th July 2019

DBS the strongest in terms of price movement amongst the three local banks. It has seen its price moved up over the last few days whereas OCBC and UOB were moving in a sideway pattern.

We’re glad we managed to catch this upswing and alerted our EXCLUSIVE CLIENTS on it on Monday when DBS was well supported by the 5ema.

It is now moving close to our first target of $26.40 which is just 5 cents away. As the market seems a little wobby to us we would want to protect profits at this point and not expect too much. It is better to make lesser profit then to have a profitable trade turn to loss. Blue Chips stocks like banks and property stocks are somewhat in a drifting phase and we’re monitoring for the next course of action.

We have drawn out our trade plan for DBS, do you have a trade plan?

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Yours

Humbly

Kelwin&Roy

 

ThaiBev – [ Broke Out And Up To Our First Resistance Point ]

10th July, 2019, 8:30 PM

ThaiBev – [ Broke Out And Up To Our First Resistance Point ] ThaiBev 10th July 2019

Chart Source: Poemsview 10th July 2019

Thaibev which we mentioned just last week has indeed moved up with the reasons which we pointed out in our previous post. It has seen a nice  2.5% upswing within contra period which is an added bonus. It is currently at a critical resistance of $0.88 as drawn.

So an entry at $0.865 might be valid as it manages to stay above the $0.88 resistance. For such a trade, one has to stay alert and nimble.

There is a gap resistance at $0.88 unless Thaibev manages to stay above that then there might be a chance to cover the gap. Volume should also come in in order to sustain the move.

Want to know more about our plans for ThaiBev?

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Yours

Humbly

Kelwin&Roy

 

 

 

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?

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

 

 

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