Month: June 2020

St Engineering – [ Watching For The Next Break! ]

Kelwin & Roy St Engineering , , , , , , , ,
8th June, 2020, 7:25 AM

St Engineering – [ Watching For The Next Break! ]st engineering 8th June 2020

Chart Source: Poemsview 8th June 2020

St Engineering is no stranger to most Singaporeans as it is also one of the STI component stock. It was hit badly at the start of the Covid panic and has since seen some recovery.

Investors/ traders were initially afraid of its aerospace arm which could take a bit hit due to the cut in air travel. Nonetheless, ST Engineering still a good defensive play as it many other components like the Smart City.

We alerted our clients just last Tuesday ( 2nd June) when ST engineering was trading at $3.30 when it broke its downtrend line . We’re glad that it managed to recover 7% hitting our third target of $3.54. It had a good closing and we’re watching to see if it can break $3.54 which might take us to our next target of around $3.64.

Stay alert and let’s watch!

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Yours

Humbly

Kelwin&Roy

 

S&P 500 – [ Don’t Fight The Fed! ]

Kelwin & Roy S&P 500 , , , , , , , , ,
4th June, 2020, 5:55 PM

S&P 500 – [ Don’t Fight The Fed! ]S&P 500 4th june 2020

Chart Source: Poems2.0 4th June 2020

Many are still in disbelief as S&P 500 rose over the couple of weeks. From our previous post just two weeks back, we mentioned to stay alert as it was in a consolidation and could breakout either way. S&P 500 chose the upside so as a trader, being flexible is key. It broke out and touched our target of around 3111 and a little bit more before having a small pullback.

So what now?  As the S&P500 has been supported by the 5 and 10 ema unless it closes above we’ll have to follow the trend. Around 3130 area is the resistance for now so some pullback might be expected. You can view the chart on our Poems2.0 platform for reference.

In closing, as the word out in the street goes, DON’T FIGHT THE FED! It also means don’t fight the trend, follow the trend as the trend is your friend. =)

We hope our trading blog has shed some light on the market and our readers have learnt something from our sharing.

Yours

Humbly

Kelwin&roy

 

Capitaland – [ Landed On Our First Target, Next Target? ]

Kelwin & Roy Capitaland , , , , , , , , , , ,
2nd June, 2020, 6:55 PM

Capitaland – [ Landed On Our First Target, Next Target? ]

Capitaland 2nd June 2020

Chart Source: Poemsview 2nd June 2020

Capitaland came in the top 3 in terms of percentage gain.  It trailed slightly behind SATS and SIA which both also had a good showing and finished up 5.72%. Market was strong overall partly due to the end of circuit breaker and gradually opening up the economy.

From the chart we can see that Capitaland had about two months of consolidation and it finally broke out yesterday. We’re glad we managed to catch this move up and ALERTED our clients of this trade analysis.

Capitaland broke above the 50ema and saw a nice run up to $3.15 closing at $3.14. Our first target of $3.12 was met, a nice upside of over 3% in a day. As the consolidation was for awhile, we’re hoping for the next target to be met. Fingers cross.

Want to be part of this EXCLUSIVE GROUP that were alerted of such a trade analysis?

Wait no more! CONTACT US NOW to see how you can be part of this group to receive value added service sent straight to your handphone.

Yours

Humbly

Kelwin&Roy