Month: February 2021

Ping An Good Doctor (1833.HK) – [Surging After Cathie Wood Bought, Is It Time To Take Profits? ]

Kelwin & Roy Ping An Good Doctor ,
16th February, 2021, 7:09 PM

Ping An Good Doctor (1833.HK) – [Surging After Cathie Wood Bought, Is It Time To Take Profits? ]Ping An Good Doctor 16th Feb 2021

Ping An Good Doctor (1833.hk) probably one of the hottest stock in HK over the last two days as Cathie Wood bought into in last week. Cathie Wood’s $6.8 million bet on Ping An Healthcare & Technology Co. unleashed a flood of buy orders from copycat investors on Thursday, lifting the company’s market value by a record $3.3 billion.

The Ark Fintech Innovation ETF bought 497,800 shares of Ping An Healthcare on Wednesday, according to an emailed trading disclosure, worth about $6.8 million at the session’s closing price. That was enough to boost the stock by 21% in Hong Kong on Thursday, the biggest gain since Ping An Healthcare’s 2018 listing.

What was interesting is that we actually spotted this stock under a month ago back on 26jan when it was at HK$93.30 =) Click the link below to see our post on our facebook

https://www.facebook.com/singaporehumblestock/posts/3458986134228737

We’re glad it has hit multiple targets as we see PingAn GoodDoctor surged over 50% since our post! As it has been over extended, near term profit taking is not surprising and a test of that break out point of $135 can be expected. A break and staying below $135 could trigger more profit taking. Investors could take the downside as an opportunity to look to scale in once again.

Don’t forget to follow us on our Facebook as we post our updates.

Yours

Humbly

Kelwin&Roy

Blessed Lunar New Year 2021

Kelwin & Roy Happy Chinese New Year 2021 ,
12th February, 2021, 7:59 AM

Blessed Lunar New Year 2021 Happy Chinese New Year 2021

Image source: stockadobe.com

We like to wish to you a happy and healthy Niu Year, filled with abundance and prosperity.

As most are off from work, we hope it’ll be a meaningful time of catch up as we gather around family and friends. May you also get some rest and remember to stick by the rules and stay safe!

Singapore market is closed today( 12th feb) and will reopen on Monday ( 15th Feb) 

HongKong market is closed closed today and Monday. It will reopen on Tuesday (16th Feb) 

Us market is open tonight but will be closed on Monday (15th Feb)

Yours

Humbly

Kelwin&Roy

Qualcomm (QCOM) – [ Worth Looking After The Sell Down?]

Kelwin & Roy Qualcomm ,
8th February, 2021, 10:14 PM

Qualcomm (QCOM) – [ Worth Looking After The Sell Down?] Qualcomm 8th Feb 2021

Chart Source: Poemsview 8th Feb 2021

Qualcomm has been a household brand and commands a strong position among the semiconductor stocks. The company report its first quarter earnings last Wednesday. Adjusted earnings beat expectations but Qualcomm’s sales were slightly lower than what Wall Street expected, sending the stock lower in extended trading. Sales were up 63% year-over-year while earnings grew 119%, powered by increased chip sales tied to a surge in demand for 5G handsets partly due to covid lockdown.

“We delivered an exceptional quarter, more than doubling earnings year-over-year due to strong 5G demand in handsets and growth in our RF front-end, automotive, and IoT adjacencies, which drove record earnings in our chip business,” said CEO Steve Mollenkopf. “We remain well-positioned as the 5G ramp continues and we extend our core technology roadmap to adjacent industries.“

Both revenue and earnings came in strong as Qualcomm’s business was propelled by smartphones adopting 5G as well as the electronics boom during the pandemic. Recall that during the onset of the coronavirus pandemic, chip orders initially collapsed and that undoubtedly put a dent in QCOM stock price. However, as remote work and studying became the new normal, the demand for chips increased dramatically.

The demand outstrips supplies as there is a faster adoption towards 5G and eventually chip companies like TSMC will ramp up their production thus allowing Qualcomm to benefit in the longer run. The demand for 5G chipset is only going to get higher over time.

So lets see the chart for possible support points. There is a horizontal gap support of around $143 which will be our first support. Next level will be at around $133. Always scale in for your investment and not go in all at once. In this case, average down when the  stock goes lower is one of our investment strategy. Qualcomm is down around 13% since the high.

Keep a look out for this counter as a one of the 5G play.

Yours

Humbly

Kelwin&Roy

 

Paypal – [ Why It Made All Time High]

Kelwin & Roy PayPal ,
5th February, 2021, 9:32 PM

Paypal – [ Why It Made All Time High]paypal 5th Feb 2021

Chart source: Poemsview2.0

PayPal surged last night(Thursday) over 7% following the release of its excellent fourth-quarter results.

What was amazing is that it added 16 million net new active accounts during the quarter, bringing its total customer count to 377 million. Quite an amazing growth number if you ask us. This rapid increase in active users helped to fuel a 39% year-over-year surge in total payment volume, to $277 billion, and a 23% jump in revenue, to $6.1 billion.

It posted a greater-than-expected profit of $1.08 per share on 23% revenue growth to $6.12 billion. The company benefited from its standing as a COVID-19 beneficiary in 2020, posting a phenomenal 116% annual return. The stock has added another 15% so far in 2021.

From the chart, we pointed out our trade plan for Paypal just a month ago in January detailing how we would trade a stock like this. We’re glad it turned out the way we planned it to be. As always it is always important to have a trade plan. That might be more room for the upside to around $300 which is around the upper band of the trendline resistance. $300 is also a round number so profit taking might start to come in around there. Remember to protect your profits.

Always have a trade plan before doing any trades!

Yours

Humbly

Kelwin&Roy

 

Square (SQ) – [Watching For The Break]

Kelwin & Roy SQ, Square , ,
2nd February, 2021, 10:23 PM

Square (SQ) – [Watching For The Break]Square 2nd Feb 2021

Chart source: Tradingview.com

Square Inc (SQ) is a commerce ecosystem. The Company enables its sellers start, run and grow their businesses. It combines software with hardware to enable sellers to turn mobile devices and computing devices into payments and point-of-sale solutions. Once a seller downloads the Square Point of Sale mobile application, they can take their first payment.

Square has recently corrected about 20% since the high and is currently at the downtrend resistance line. We’re looking at the break of that resistance of around $224. A break above that might see it move up to $242 in the coming weeks. Square is looking good to us.  The support is the uptrend support line drawn on the chart.

Investors angered by Robinhood’s decision to block them from buying shares of Gamestop, AMC fled to other online brokerage and Square was the beneficiary. Some traders switched over to square which is a mobile payment platform that allows users to transfer money to one another, as well as invest in stocks and bitcoin.

Yours

Humbly

Kelwin&Roy

January Went Very Well Until This Happened!

Kelwin & Roy Stock Market , , , , , ,
1st February, 2021, 7:18 AM

January Went Very Well Until This Happened!

We hoped the month of January went well for everyone as market saw a nice up movement from the start of Jan.

Jan started off well as market was hopefully that vaccines are starting to roll over in the world and hopefully we’ll be one step closer in defeating this virus. Market was also looking forward to a change in President as Joe Biden took office in hopes that he’ll be not so crazy as Trump and having a more moderate approach towards China. All these  led to a good three weeks for Jan then this happened. This translated into a nice rally for the global markets with stocks like IFAST even making a new high.

But as they say all good things have to come to an end. We saw market showing signs of weakness from the third week of January and alerted our EXCLUSIVE CLIENTS to be cautions moving forward. Check it out over HERE! As market started to pullback we also had to cut loss. Nothing to hide here and we don’t want to paint a picture perfect scenario where its all win and no loss! IMPOSSIBLE!

No shame as we alert our EXCLUSIVE CLIENTS regarding the stop loss so that they are aware of the stock’s movement. It is always crucial to have a trade plan, knowing the entry price, your stop loss and target price so you won’t be taken a back if things go south. You’re mentally prepared which would translate to a better and more positive results.

Want be have such a reliable remisier? Want such updates sent to your handphone straight so that you can trade with ease and peace?

Then be our EXCLUSIVE CLIENT and find out how you can be included in our whatsapp broadcast list.

See you onboard soon!

Yours

Humbly

Kelwin&Roy