Month: August 2016

YZJ, more downside might be coming

Kelwin & Roy YZJ ,
30th August, 2016, 3:03 PM
YZJ July 2016
YZJ July 2016

Yzj shipbuilding a stock we mentioned before back when it was at 0.865.

http://singaporehumblestock.com/2016/08/09/yzj/

It has broke its support of 0.77 might head to 0.745 then 0.66 as we can see from zooming out to the 10 years history. Yzj seems weak to us, with recent results not good and its planning to lay off workers too and the shipping industry doesn’t seem rosy for now.

Additional news about hanjin shipping also further dampens the shipping industry.

http://www.wsj.com/articles/hanjin-shipping-moves-closer-to-bankruptcy-1472532479

YZJ 2010
YZJ 2010

Yours

Humbly

STI

Kelwin & Roy STI ,
29th August, 2016, 3:16 PM

STI reached our downside target as blogged on sunday. Of course we didn’t expect it to go down so fast within just a day. Remember its slow and steady for us =) .

We’re watching now to see if the support breaks and come down to the 200ma at 2803.

Yours

Humbly

STI

Kelwin & Roy STI ,
28th August, 2016, 3:36 PM

Following up from our previous post of STI

http://singaporehumblestock.com/2016/08/23/sti-9/

It has hit our target of 2880 or rather just one point shy of 2880 at 2779 and started coming off. STI might be in a slight range bound but we might see more downside. Looking at 2848 as first support and maybe to 2820 then.

Have a blessed week ahead

Yours

Humbly

GLP , sad end to the week

Kelwin & Roy GLP ,
28th August, 2016, 3:33 PM

client1

A 4 cents cut loss for GLP that we suffered at the end of the week. Well as said, we can’t be right all the time and we won’t want to cover our wrongs and just show all the rights. That’s not our trading belief and being honest is our utmost value. =)

So what to do when we’re wrong, we take some time to see what went wrong, reset our mental and not try to have a revenge trade after.  Having a stop loss for every trade is important so we are mentally prepared for the worse case scenario.

Yours

Humbly

Advancer Global – Advancing forward with this ipo stock

Kelwin & Roy Advancer Global ,
25th August, 2016, 3:41 PM
Advancer global 18 Aug 2016
Advancer global 18 Aug 2016

advancer global wahtsapp msg 18 aug

Advancer Global is a new IPO stock , which we sent out a message to our clients on last Thursday to watch for further upside at $0.38-$0.39 which has been steadily advancing since then, hitting a high of $0.425 today .

Interested in getting such ideas like our clients been receiving ?

Find us via the “Contact Us” Section of the Blog for more details .

Yours

Humbly

 

CNMC GOLDMINE

Kelwin & Roy CNMC Goldmine ,
25th August, 2016, 2:17 PM
Cnmc Goldmine 24 Aug 2016
Cnmc Goldmine 24 Aug 2016

CNMC Goldmine has hit the horizontal  resistance at $0.61 yesterday and today again which was also the previous high made on 7 july , with the recent gold price retracing from its recent rally , Cnmc Goldmine may also be resting a bit having test the $0.61 resistance level again .

In fact a message was sent to our clients on 3rd August to watch it for further upside at $0.53 and it hit our targeted upside of $0.595-$0.61 yesterday and today. Pretty decent in our humble opinion.

Cnmc Image.jpg

Currently We think Cnmc Goldmine may pullback to its previous support levels of $0.525 -$0.55, since gold has been pulling back .

However if it can break  above the $0.61 resistance, this may bring the stock to its all time high of $0.665 back in 2011 .

Yours

Humbly

STI

Kelwin & Roy STI ,
23rd August, 2016, 3:20 PM
STI Aug 2016
STI Aug 2016

We’re looking at more upside for STI in the coming days. The last few days STI came down but wasn’t as weak and refused to come down and have a nice closing today too. With that we might take a long position and would hope for STI to move up towards 2880 in which we will re plan our position again. Our entry would be one pip above today’s high and stop loss at 2825.

 

Yours

Humbly

First Res

Kelwin & Roy First Resources ,
22nd August, 2016, 3:17 PM

First Res, a counter that we’re looking at  it for a short now ever since we were bullish back in end july  due to that surge in volume. It has also reported a fine results recently

http://singaporehumblestock.com/2016/07/28/first-res-wilmar/

Will it reach $2 then we’ll short? or will we short in the coming days. We’ll be watching the candlestick patterns for signs of weakness. Stay tune. We have not shorted yet.

Yours

Humbly

CAO,oily slope down

Kelwin & Roy China Aviation ,
22nd August, 2016, 3:12 PM
CAO Aug 2016
CAO Aug 2016

China aviation or CAO for short has broken down from its uptrend line today. In fact an earlier msg has been sent to our CFD clients last wednesday for short  at 1.515. It has come down to a low of 1.405 today. Not too bad in our humble opinion.

CFD messgage

So what now? We still think that there might be more downside for this counter and would eventually target around 1.265. So if it breaks 1.405 we would add more shorts but in a smaller quantity. Our stop loss would be 1.455.

Yours

Humbly