Sembcorp Marine – [ On Our Watchlist, Is It On Yours Too? ]

13th June, 2019, 10:08 PM

Sembcorp Marine – [ On Our Watchlist, Is It On Yours Too? ]Sembcorp Marine 13th June 2019

Chart Source: Poemsview 13th June 2019

Sembcorp Marine has recently shown some  rebound tho not a very strong one and has come down to rest the short term uptrend line.

We’re watching to see strength in Sembcorp Marine and holding that support might singal some strength to us and breaking that near term resistance is also strength to us. In addition, Sembcorp Marine managed to close above its 20ema which is another positive sign for us.

Oil is current up 3% due to the oil tankers in the Gulf of Oman sustaining significant fire damage so that might have some knee jerk reaction to oil counters tomorrow.

Want to know more about Sembcorp Marine and how to use a simple indicator  to help guide and enhance your analysis.

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

We’ll be conducting

Straits Times Index – [ Rebound As Per Blog, Our Next Move? ]

11th June, 2019, 9:38 PM

Straits Times Index – [ Rebound As Per Blog, Our Next Move? ] Straits Times Index 11th June 2019

Chart Source: Poemsview 11th June 2019

Straits Times Index saw a nice rebound over the week up over 80 points since we mentioned last Wednesday .

It has hit our first rebound target of the 200sma as mentioned in our previous post

What’s our next resistance? We’re putting it at the 200ema which is around 3227. Hitting there might see some resistance and abit of consolidation might take place. A good pullback might present an opportunity to scale into the market.

Most blue chips counters like Capitaland, UOL, CityDev have seen a nice run up on expectation of rate cuts which could benefit property stocks as their cost of borrowing goes down. Bank stocks hasn’t ran as much but nonetheless shown some good rebound.

Oil stocks has also staged some rebound and hoping for some nice upswing.

We’ll be conducting a workshop very soon on the lessons learnt from this trade war and how to use one simple indicator to help improve your analysis.

Keep a lookout for it.

Yours

Humbly

Kelwin&Roy

Straits Times Index – [ Our Take On It And Our Game Plan]

5th June, 2019, 9:23 PM

Straits Times Index – [ Our Take On It And Our Game Plan]

Straits Times Index 5th June 2019

Chart Source: Poemsview 5th June 2019

Straits  Times Index had a terrible May and fulfilled the saying of Sell and Go Away in May. Our index has fallen 8.5% since the start of May but things might start looking up.

We have drawn two charts with the first stretching out from 10 years and drawing a long term uptrend line. So far that point hasn’t been tested which is around 3080 area.

Something to take note is that the bounce from 2016 and the bounce off that long term uptrend line in 2018 seems shorter now. Every bounce is shorter which to us is not a good sign. What might happen is that is uptrend line might be tested and a rebound might happen but we’ll be watching to see the strength of the rebound.

On a shorter time frame, the immediate support is around 3100 which is the short term uptrend line which we have drawn. We would like it to test that area and then rebound which would then complete this downward cycle and allow for a nicer rebound. With Dow having such a strong finish on tuesday night good chance we might see our Straits Times Index doing some catch up.

A good bounce to the 200ma might be the next resistance before we plan our next move. Should more good news follow like trade wars being resolved or more talks that could provide some underlying strength to the market. Or the recent rate cut which the fed seems to be signalling to the market. Most stocks have seen a brutal sell down and might be ready for a rebound.

So do be prepared as we markets remain volatile. So Sit Tight and tread carefully.

Do CONTACT US if you want to know more.

Yours

Humbly

Kelwin&Roy

Yanlord – [ 10% Downside Achieved In Less Than A Month, Let’s Recap]

22nd May, 2019, 9:05 PM

Yanlord – [ 10% Downside Achieved In Less Than A Month, Let’s Recap]Yanlord 22nd May 2019

Chart Source: Poemsview 22nd May 2019

Yanlord continued its downtrend today going to a low of $1.23 before seeing some rebound. It went beyond our $1.25 support which gives a nice 10% downside since the start of May when we blogged about  it.

Since the high of $1.55  Yanlord has corrected about 15% which is a healthy correction. We’ll like to see a base forming at around the $1.23 region before making our next move. No hurry in deciding as market remains volatile so keep calm and continue observing. Meanwhile it is always good to equip oneself with knowledge of how to trade both directions of the market.

As such, we’ll be conducting  a CFD workshop where you’ll go through the importance of learning how to short especially in such a market.Rather than trying to pick the bottom or catch the falling knife as many would say, a seasoned trader might look to short on weakness and take advantage of the downside.

Join us on 28th May at 7:30pm where we’ll share more!

Click HERE to Register Now! Seats Are Limited!

Yours

Humbly

Kelwin&Roy

 

 

Yanlord – [ Broke Down As Per Blog, More Downside? ]

21st May, 2019, 3:11 PM

Yanlord – [ Broke Down As Per Blog, More Downside? ]Yanlord 21st May 2019

Chart Source: Poemsview 21st May 2019

Yanlord just went XD today with a dividend payout of $0.068 which means if  you shorted the actual price is $1.358 as of today.

From the time we blogged in early May, Yanlord was trading at $1.46 thats a good 7% downside. As for now, yanlord sits on a support of $1.30 and if that can’t hold we might see it head down towards $1.25.

Want to learn how to use  Poems CFD to short and follow the downwards trend? Rather than trying to pick the bottom or catch the falling knife as many would say, a seasoned trader might look to short on weakness and take advantage of the downside. If you answered YES then this upcoming CFD seminar on the 28th May is for you.

Some interesting topics covered would be

💰What will happen to the CFD position should you have an open long or short position that gets suspended.

💰How will different Corporate Actions affect your Long and Short Positions that you are holding.

💰We’ll share as a bonus how you can join simply our community where long and short Trading Analysis are shared regularly.

What Are You Waiting For?

Click HERE to Register Now! Seats Are Limited!

Yours

Humbly

Kelwin&Roy

ST Engineering – [ Results Are Out, What’s Next? ]

15th May, 2019, 8:48 PM

ST Engineering – [ Results Are Out, What’s Next? ]ST Engineering 15th May 2019

Chart Source: Poemsview 15th May 2019

ST Engineering had a good run up despite the negative sentiment for the last few weeks. It managed to power through and hitting a 5 year high of $4.05. It reported a good set of results this morning but instead of moving up ST Engineering started to come down. Any reasons why?

Maybe we might shed some light into this, just sharing our views only.

  1. ST Engineering could have ran ahead of its results, with a good set of results being factored into the movement up already.
  2. Perhaps market was expecting an even better set of results
  3. Market might have lured unsuspecting buyers in while they took the chance to sell on the results.
  4. ST Engineering had a good run so some pull back is also good.

With that some pullback would be healthy as this might present an opportunity for an entry.

First support might be at $3.90 breaking this might see more downside to $3.80 . Let’s watch.

Want to know what we’re looking at next?

Drop us a message and we’ll be glad to discuss more.

Yours

Humbly

Kelwin&Roy

Yzj Shipbldg – [ 10% Downside Achieved, Let’s Take A Look How]

14th May, 2019, 10:11 PM

Yzj Shipbldg – [ 10% Downside Achieved, Let’s Take A Look How] Yzj Shipbldg 14th May 2019

Chart Source: Poemsview 14th May 2019

Yzj Shipbldg continue to fall and patience paid off as it hits our lower band of the uptrend support line we drew back on 12th April 2019.

Back then when Yzj Shipbldg was trading at around $1.62 we blogged and gave some possible scenarios. We’re glad that it went according to plan and achieved a 10% downside in one month.

Yzj Shipbldg has now hit a nice support of $1.45 and it might hover around this support for awhile before a next move. If $1.45 breaks then we might see the next downside target to $1.42 or even $1.38.

Remember, it is always important to have a sound and actionable trade plan.

Want to know what we’re looking at next?

Drop us a message and we’ll be glad to discuss more.

Yours

Humbly

Kelwin&Roy

ThaiBev – [ Broke Down From Our Uptrend Line, What To Look Out For?]

6th May, 2019, 3:08 PM

ThaiBev – [ Broke Down From Our Uptrend Line, What To Look Out For?]Thaibev 6th May 2019

Chart Source: Poemsview 6th May 2019

ThaiBev broke our uptrend line due to the surprise news that Donald Trump threatens to increase tariffs and China postponing trade talks. More can be read HERE. 

The overall market took a big hit with STI falling over 110points in midday trading. Thaibev being part of the STI component contributed to the fall. We haven’t seen such a big fall in the last few months and traders all scrambled for the exit door.

ThaiBev despite being on an uptrend also took a hit. It fell below our uptrend line and if it doesn’t manages to regain its footing by the end of the day there might be further downside. Its next support might be at the horizontal support of $0.775 which is also the 100ema.

There is some downside meat left if you ask us. But do take note that its results will be released This coming FRIDAY after market.

Do you have a sound and actionable trade plan?

Is it critical to have a trade plan which includes the entry price, stop loss, profit target in order to ensure that your trade is of good quality. With that then will a trader have confident in entering a trade.

Want to know more about Yanlord? Drop us a message and we’ll be glad to discuss more.

Yours

Humbly

Kelwin&Roy

 

Yanlord – [ Watch For The Break! Will It Move Down? ]

2nd May, 2019, 8:19 PM

Yanlord – [ Watch For The Break! Will It Move Down? ]Yanlord 2nd May 2019

Chart Source: Poemsview 2nd May 2019

Yanlord has seen a rise due to the better  than expected home sales in china. After such a strong run some retracement might be healthy for a stock.

It broke below the 20ema but managed to stay above it at the end of day. On the other hand it is currently below the short term uptrend line. So far the 20ema acts as the support and if Yanlord closes below that then we might see further downside to the next uptrend support line.

Do you have a sound and actionable trade plan?

Is it critical to have a trade plan which includes the entry price, stop loss, profit target in order to ensure that your trade is of good quality. With that then will a trader have confident in entering a trade.

Want to know more about Yanlord? Drop us a message and we’ll be glad to discuss more.

Yours

Humbly

Kelwin&Roy

Yzj Shipbldg – [ Down 5.5% Since Blog Post Just Over A Week Back, Where Is the Next Downside Target?]

24th April, 2019, 4:38 PM

Yzj Shipbldg – [ Down 5.5% Since Blog Post Just Over A Week Back, Where Is the Next Downside Target?]Yzj Shipbldg 24th April 2019

Chart Source: Poemsview 24th April 2019

Yzj Shipbldg  one of the STI component stock came down this morning over 3% probably due to a downgrade from a brokerage house.

Yzj Shipbldg was a stock which we posted on OUR BLOG for our readers to take a look at how we analyze a stock  and we’re glad it went the way we wanted. It has slipped below the 5ema which we blogged about which led to more downside. Our next support might be the 50sma at around $1.50.

Lets watch for it!

We hope our readers managed to learn something from our detailed analysis. Remember its very important to have a sound and action trade plan in order to achieve the right results.

Want such analysis sent to your handphone?

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