Sunny Optical (2382.HK) – Will It Continue To Shine After A 8% Move?

28th June, 2022, 7:07 PM

Sunny Optical 28th June 2022

Another spectacular move and this time its by Sunny optical (2382.HK). It was just an alert which we gave our Clients YESTERDAY and we saw it burst into action the moment it broke out. It has hit our first target of $138.20 before some retracement came in. That’s over 8% upside from our entry which we are more than satisfied with.

As for Sunny Optical, there is still some more room for the upside but of course it won’t be in a straight line. Expect some profit taking to set in soon around the $140 mark and then the $146 area. Our middle term target would be around $160. We can see volume coming in over the last few days which can probably help to sustain this upwards movement. Hong Kong once again is gaining more interest as China eases quarantine for overseas arrivals. A right step towards opening up!

Clearer skies ahead!

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Yours

Humbly

Kelwin & Roy

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Geely (175.HK) – Went Gila! How Much Further?

27th June, 2022, 7:03 PM

Gila is the Malay word for CRAZY which probably best describes Geely as it has seen about a 20% upside movement in just 4 trading days ever since we alerted our clients on it! Crazy moves for some counters in the Hong Kong market and we’re glad we managed to catch some of them.

As for Geely, our eventual target is around $20.6 but there are signs of profit taking as Geely as risen quite fiercely over the last few days so its normal to have some profit taking coming in. We might see it move towards the 5ema of around $17.20 before some support comes in.

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Yours

Humbly

Kelwin & Roy

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Kuaishou Technology (1024.HK ) – Watching It Closely And Here’s Why

27th June, 2022, 4:26 PM

The Hong Kong market has been moving up for awhile and we have been more active over here as you all can see from our post. Both Geely and HKEX has done very well and now we’re looking at another stock Kuaishou (1024.HK).

Kuaishou 27th June 2022

From the chart we can see it that the horizontal resistance is at $90.20. It did challenge it today but failed to stay above it. We are watching closely for a sustained break and given the momentum in the HK market we might see this break coming soon. Its the third time that Kuaishou is testing this resistance and a fourth time with volume might signal a strong breakout! Kuaishou has also been consolidating for awhile so if it manages to break, we might get a nice upside movement too.

The possible upside could be to $99 first a good 10%!

 

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The Week Ahead June 2022 – [STI, HSI, NASDAQ & S&P]

26th June, 2022, 4:42 PM

 

Its the end of the school holidays! We hope you had spend some quality and quantity time with your kids and family. It was an exciting week especially for the Hong Kong market which gained strength and saw very good gains overall. US also saw some positive action towards the end of the week with Nasdaq breaking out from its consolidation. Is the bull finally back? Read on to find out more.

Some things to note, market saw a pullback in commodity prices like oil, palm oil and coal stocks are starting to retreat too. This could give a short term relief rally for the markets but all eyes still on inflation data which will continue to lead the market. The 10 year yield has also retraced which continues to boost markets especially the Nasdaq.

HSI

A very nice rally for the hong kong market as it burst through its 5ema which we mentioned last week. Auto stocks saw a nice jump on govt stimulus which we also spoke about. Many stocks in Hong Kong are displaying strength in which we have seen for the last year and its good to have some focus on the Hong Kong market. As for the week, we are looking for more upside to around 22397 which is around the horizontal resistance. HKEX , Xiaomi are also looking good for next week. Remember once again if you’re trading or investing in HK markets as your approach to the market would be very different. As for investors, we have mentioned quite a few times to slowly average in due to our bullish view on it whereas for trading we’ll need a bullish momentum for it.

STI 

STI has also rebound off our support line which we drawn last week but the rebound we saw wasn’t anything strong as predicted. It came to the downtrend line and started hovering around it. For the week, we might see a move up towards 3146 area which is also around the 20ema. Wilmar is one stock we’re looking at with interest! Reits for investment has also shown strength through the week which we have informed our clients!

The week is shaping up to be a better one so be alert and make good use of it!

Head over to our facebook for more updates on S&P500 and Nasdaq for the potential levels we are looking at.

Yours

Humbly

Kelwin & Roy

 

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Geely (175.hk) – [Accelerating Forward]

23rd June, 2022, 6:57 PM

A slew of good news has been coming out of China and this morning it was the automotive sector benefiting. China  considers extending electric car tax exemptions and this gave a boost to auto shares like xpeng, li auto, great wall motor and of course geely.

Geely 23rd June 2022

It came to our attention yesterday when we saw Geely trying to break out after a long consolidation and with volume. We informed our clients as we saw a good potential trade set up. We’re thankful that it has risen over 7% in just a day hitting our first upside target! Very impressive run for a day! There looks like more room on the upside but of course not in a straight line. $17.90 is our next upside target!

As our local market is in a consolidation phase, it is important to look at other markets to continue to generate some income. So when one market is slow there are still other markets to look at.

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Yours

Humbly

Kelwin & Roy

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HKEX (388.HK) – Looking Good For More Upside

21st June, 2022, 6:08 PM

HKEX (388.HK) – Looking Good For More UpsideHKEX 21st june 2022

As we previously mentioned, Hong Kong markets are looking good and it might continue to outperform the other markets this year.

One particular counter has caught our eyes as it has just broken out of consolidation. There was an increased in volume today and breaking the horizontal resistance we might see more upside in the coming days. The hong kong exchange or HKEX looks like there might be more upside to come.

$375 then $392 are our first two upside targets with immediate support at the 20ema of around $348. Looking at  a bullish move up!

Yours

Humbly

Kelwin & Roy

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The Week Ahead June 2022 – [STI, HSI, NASDAQ & S&P]

19th June, 2022, 3:24 PM

Fed has raised rates by 0.75% on persistent inflation. Inflation wasn’t slowing down in June which left the fed to increase increase rates by 0.75%. Markets continue to look upon inflation numbers and if it doesn’t slow down then more rate hikes are going to be expected with the next one in July. An interesting thing that we’ve been mentioning is that despite US making new lows, the Hong Kong market which we’ve been covering extensively has actually been resilient. With good news flowing out of HK we continue to be bullish and believe in the recovery of that market.

HSI 

HSI has retraced to our short term uptrend line but is currently resisted at the 5ema. It has formed a higher low which is healthy in a larger reversal cycle. For long term holders, congrats as HSI is finally seeing some positive light with positive news flow coming out more and more. Even with the recent downside in US, HK has been holding up well with 20k a good support to continue to scale in. For this week, a break above the 5ema might signal more bullish signal and a test of 22k might be possible.

STI 

STI has hit some some around 3072 but a more significant support is around 3035 area. That is a still a chance that STI might hit that support before any sustained rebound that comes. Singapore markets is still trying to find its footing and there hasn’t been any sustained rally so far. STI might rally to that downtrend line of around 3120 before getting resisted. We’ll await more confirmation before making any moves.

Head over to our facebook for more updates on S&P500 and Nasdaq for the potential levels we are looking at.

Yours

Humbly

Kelwin & Roy

 

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Happening Tonight! DLC Webinar Trilogy – Episode 3: Boost Your Portfolio Returns by Trading DLCs

8th June, 2022, 2:25 PM

Daily Leverage Certificate

If you have heard of this term DLC and still not sure what is it or what it can potentially do for your trading then join me tonight in our exclusive Live webinar.

With the Hong Kong market gaining more life and with easing of regulation on HK tech stocks, find out how you can make use of the daily leverage certificates or DLCs for short to boost your trading returns.

I will be sharing some of my own trade set ups and how i use DLC for trading. Some of the do’s and don’ts when using DLCs and tips to speed up your learning.

So if you want to ride the next wave up then come join me tonight at 8pm by clicking the link below.

https://poems-sg.zoom.us/webinar/register/3316538833244/WN_z0rV3HffS8-Pz3cvKQ-DmA

See you all there tonight.

Yours

Humbly

Kelwin

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The Week Ahead June 2022 – [STI, HSI, NASDAQ & S&P]

5th June, 2022, 4:29 PM

The Week Ahead June 2022 – [STI, HSI, NASDAQ & S&P]

Market around the world didn’t end Friday on a high note as traders looked to book profits. Oil broke out during the week as market tried to find footing despite Euro’s inflation numbers coming out hotter than expected. Inflation number is still what market is looking out for as a higher inflation might force the hands of fed to increase interest at a much higher than anticipated pace.

This coming Friday would see the Core CPI numbers which measures the changes in the price of goods and services, excluding food and energy  a sense of where inflation is.

STI

STI tried to break above our resistance but didn’t manage to have a clean and successful break. We added in an extra short  term uptrend line which might act as a support. STI is still trying to gain some form of momentum but if the upside can’t hold then we need to be cautious.  For the moment, we still see opportunity on the long side as we from our previous post on the Electronic sector with AEM taking the lead and UMS having a breakout on Friday. OLAM in particular is also doing well. So there are pocket of opportunities!

HSI 

HSI has reached our upside target and beyond before a pull back. The rebound has came in as previously mentioned very good given current market conditions. We have drawn a short term uptrend line which will act as the support for any downside for now. For this week, we’re expecting some consolidation for HSI and unless we see the 5ema being broken above then we’ll look for a long opportunity. The good thing about HSI is that its making a higher low and it shouldn’t pullback beyond 20k if not our uptrend is invalid.

Head over to our facebook for more updates on S&P500 and Nasdaq for the potential levels we are looking at.

Yours

Humbly

Kelwin & Roy

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Olam – [ YUM YUM! More Upside? ]

3rd June, 2022, 4:23 PM

Olam – [ YUM YUM! More Upside? ]OLAM 3rd June 2022

Olam one of the bright spot in our local market while most of the other stocks are moving sideways. Despite the slow move in STI for the week we saw OLAM moving up about 6% which is very good in our view!

From the chart, it how broken above its downtrend line but of course as an active client of ours, there were alerted much earlier during the week when Olam was just trading at $1.51.

Olam might take a short rest and then move up to test the $1.67 and $1.72 resistance in the coming weeks.

Want to be Alerted Earlier before a breakout? Want to be supported even in the toughest market condition and come up on top of it?

Then CONTACT US NOW to see how you can bring your trading to the next level with us.

Yours Humbly

Kelwin & Roy

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