Sia Engineering testing its previous horizontal resistance of $2.59 which is also the 200ema. Breaking this and staying above it might see more upside.
It is currently consolidating between 2.51 area for the last two weeks. So we’re watching Sia Engineering with interest. $2.51 has to hold for SIA engineering.
Yours
Humbly
Kelwin&Roy
Singpost had a good three days run up moving up about 7%. We managed to catch it at 0.96 posting our thoughts on Investingnotes or IN for short.
Singpost is currently being resisted by the 200ema and that downtrend line which we drew. If it manage to break above that then we might see it move to $1.02. At this point it might be good for Singpost to take a break before carrying on its upwards move.
Don’t forget to follow us on investingnotes for updates too.
Yours
Humbly
Kelwin&roy
SGX hit a day low of $8.27 down 20 cents since we posted on 18 sept before market open. SGX is down over 2% in less than a week which is a nice gain for us.
We listed the various reason in our previous post for what we saw in SGX that might have led to the downside and will be going through them tonight.
SGX is currently under the 20ema and also under the short term uptrend line. Failing to stay above might see the next downside level to $8.16. Let’s watch it.
See all those who have signed up tonight!
Yours
Humbly
Kelwin&Roy
Hi-P has been consolidating for awhile at the base of around $1.10 and it slowly moved up to break its 10ema. After spotting that ,we decided to inform our EXCLUSIVE CLIENTS of the move for them to plan, prepare and proceed.
As the 10ema has been resisting it and finally a break above it, it signaled a good turn for us and hence our decision. Volume also started to come on that day.
Hi-P took about 5 days to reach our second target of $1.23 which saw a nice 7% upside since our entry of $1.15. If one were to do contra trading he or she might miss out on the second target that is why using CFD might help to overcome this problem.
Currently has Hi-P faces resistance at the 50ema and also the downtrend line we might consider taking profits as Fed decision looms too. Might look for a re-entry after that! Stay tune.
On 23rd Sept we’ll be revealing to you one of our trade secret on using the moving average and how to use CFD to swing your trades and avoid overtrading .
Date: 23rd Sept
Time : 7:30-9:30pm
Registration is a must and can be done via the link below
See you there
Yours
Humbly
Kelwin&Roy
SGX has seen a nice run up recently but like most stocks after a good run it’s always good to take a break.
The question is, is that break due for SGX? To help us answer that question lets take a look at SGX chart.
From yesterday’s closing, SGX has finally closed below its 5ema which hasn’t happened in awhile. The moving average are converging which might lead to a cross over which might bring some retracement. SGX couldn’t break above its horizontal resistance of 8.61 for the last few sessions.
With that we might see some downside for SGX in the near term. Want to know how to take advantage of the downside?
On 23rd Sept we’ll be conduct a workshop on how to use CFD to short and also reveal one of our trading secrets using the moving averages.
Shorting plays an important role in achieving consistent trading results and not knowing how to do it can seriously handicap a trader.
More details below
Date: 23rd Sept
Time : 7:30-9:30pm
Registration is a must and can be done via the link below
See you there
Yours
Humbly
Kelwin&Roy
OCBC saw a nice run ever since building a base around $10.50 level and started climbing up.
Once we saw that OCBC climbed to the point where it broke its previous horizontal resistance we decided to alert our EXCLUSIVE CLIENTS on it. An entry at $10.67 saw a nice risk reward ratio for this trade. Despite all the fears around, with the trade wars and interest rates cut, OCBC continued its climb allowing us to hit our 4th target of $11.08 all within a short span of two weeks. It is important to learn how to swing your trade in order to capture more upside especially if one thinks that market might present more opportunities. If a trader were to just contra his or her trade they might miss out on the remaining run. Hence having some leverage to swing a trade becomes very important. We’ll explain of this in our upcoming seminar next monday.
As for OCBC now, much of it might be decided on the upcoming fed’s decision. They will be meeting from 17-18sep(USA timing) which means only on 19th Sept then will we know the results.
Hence for such cases we usually try to avoid touching the stock as we don’t want to be shocked by any surprises. As OCBC has risen quite a fair bit we would rather take profits off the table and sleep in peace and not anticipate what the might or might not do.
Want to learn how to use CFD to swing your trade and not trade in and out all the time?
On 23rd Sept we’ll be revealing to you one of our trade secret and how to use CFD to swing your trades and avoid overtrading .
Date: 23rd Sept
Time : 7:30-9:30pm
Registration is a must and can be done via the link below
See you there
Yours
Humbly
Kelwin&Roy
Keppel Corp gapped up this morning to an intra day high of $6.35 surpassing our third target of $6.32!
Keppel Corp surged up due to the attacks on the Saudi oil field which saw crude oil surging over 10%! We hope our readers didn’t chase this breakout which might be a little on the high side for now.
We’re glad that we alerted our EXCLUSIVE CLIENTS just about a week ago when Keppel Corp managed to break above its 20ema which was a rare occurrence for the last two months. From then on, Keppel Corp started its gradual climb which saw a nice upside of 6% since our alert at $5.96! It might be good to take some profit off the table as it has moved up over 8 days so some profit taking shouldn’t be too unreasonable.
Our next target might be around $6.48 after some profit taking which might make Keppel Corp more attractive again.
Want to know how to use the moving average to your advantage?
Want to learn how to use the moving average as a guide for your entry? Then the upcoming seminar on 23rd Sept is for you!
On 23rd Sept we’ll be revealing to you one of our trade secret and how to use the moving average as a guide for your entry. In the next few post, we shall see how it has been useful for us to time an entry.
Date: 23rd Sept
Time : 7:30-9:30pm
Registration is a must and can be done via the link below
See you there
Yours
Humbly
Kelwin&Roy
STI has had a wonderful rebound since the start of Sept. Stocks like OCBC, Keppel Corp, Hi-p, Frencken, Capitaland and so many more have seen a great rebound.
Will update more during the week of the support and resistance of these stocks and analyze the entries of these stocks.
Stay tune!
Yours
Humbly
Kelwin&Roy
