Month: June 2019

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

Kelwin & Roy sembcorp marine , , , , , , , , , ,
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?

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

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

Kelwin & Roy Olam , , , , , , , , ,
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? ]

Kelwin & Roy sembcorp marine , , , , , , , , ,
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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Want to know more about our plans for Sembcorp Marine?

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Yours

Humbly

Kelwin&Roy

 

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

Kelwin & Roy sembcorp marine , , , , , , , , , ,
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 ]

Kelwin & Roy Capitaland , , , , , , , , , , ,
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]

Kelwin & Roy Sembcorp Industries , , , , , , , , , ,
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? ]

Kelwin & Roy OCBC , , , , , , , , , , ,
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

 

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

Kelwin & Roy sembcorp marine , , , , , , , , , , ,
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

OCBC – [ Two Targets Hit In A Day, Further Upside? ]

Kelwin & Roy OCBC , , , , , , , , , ,
11th June, 2019, 10:04 PM

OCBC – [ Two Targets Hit In A Day, Further Upside? ]OCBC 11th June 2019

Chart Source : 11th june 2019

OCBC formed a nice base last week and rebound off its $10.50 support and continued to rally above its 5ema which gave us some confidence in looking at it.

It is a useful indicator for us and once it managed to break above that we alerted our EXCLUSIVE CLIENTS so that they could Prepare, Plan and Proceed.

We’re glad that OCBC managed to hit our two targets this morning and having some resistance at $10.82 now. A break above $10.82 might see it move higher to $10.90 where it might face some strong resistance. UOB is currently at the 20ema. So lets see if it can break which might be an indicator if OCBC can break that too.

It is also good to take a look at the STI component stocks which are your blue chips during rebound as these stocks are usually what fund managers might be looking at.

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Yours

Humbly

Kelwin&Roy

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

Kelwin & Roy Straits times index , , , , , , , , ,
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