Month: April 2021

UMS -[ All Time High, How Much Further Can It Possibly Go? ]

Kelwin & Roy UMS
29th April, 2021, 8:07 PM

UMS -[ All Time High, How Much Further Can It Possibly Go? ] ums 29th April 2021

Chart Source: Tradingview.com

Chart Source: Poemsview 29th April 2021

UMS currently the market leader for the electronic sector broke above its resistance of $1.40 to make its all time high!

As it has made its all time high, one way to project its possible upwards movement could be using the fibo projection/extension or try drawing an uptrend parallel line. So from these drawings, we might see UMS moving up to $1.53-1.56 area and then maybe closer to $1.60. Profit taking might start coming in at those levels and like frencken after making all time high it might need to consolidate awhile before moving higher.

As UMS looked poised to breakout we alerted our clients of this potential break. We’re glad that UMS managed a nice breakout with volume hitting our first resistance point of $1.46. We’re patiently waiting for our second resistance point.

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Yours

Humbly

Kelwin&Roy

MasterCard (MA) – [ Watching For A Breakout! ]

Kelwin & Roy Mastercard , ,
28th April, 2021, 6:53 PM

MasterCard (MA) – [ Watching For A Breakout! ]

Mastercard 28th April 2021

Chart Source: Tradingview.com

Mastercard (MA) should be no stranger to all, as most of would probably have a visa or Mastercard.

It is currently on a nice uptrend, sitting above its moving averages and have been trying to breakout from its $390 level. It did try to break that $390 on Monday night failed to have a convincing break and pulled back towards the end closing lower than the breakout point.  The good thing is that it didn’t trade lower but continue to hover at $390. If Mastercard can finally break through this level  we might see more positive movement towards $400 then $420.

The support is around the uptrend line of $380.

Yours

Humbly

Kelwin&Roy

IFast – [ Positive Finish To End The Week! ]

Kelwin & Roy IFast , , , , , , ,
23rd April, 2021, 9:12 PM

IFast – [ Positive Finish To End The Week! ] IFast 23rd April 2021

Chart Source: Poemsview 23rd April 2021

IFast has been good to us as it was the first stock of the year which we alerted our EXCLUSIVE CLIENTS when it was just trading at $3.11! It had a fantastic run then with no looking back and even went up 2x in a month! We have been covering IFast for awhile and another opportunity arose back in March. Once again our EXCLUSIVE CLIENTS were alerted on this trade analysis.

And now just this week on Tuesday when we spotted IFast breaking above its 10ema we alerted our EXCLUSIVE CLIENTS again. It saw a gap up this morning on its set of good results with net profit rising to a record of $8.8m and the group expects to increase its dividend per share in 2021! What a way to end the week!

We saw two of our targets being met as IFast soared past our two targets. Our immediate target is at $6.58, $6.70 then $7.06.

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Looking At This HK Stock, Are You Too?

Kelwin & Roy JD.com ,
23rd April, 2021, 8:00 AM

Looking At This HK Stock, Are You Too?

This HongKong Stock has corrected over 30% since its peak of HK$422.80 to a low of $284. This sell off was partly due to a market correction, SEC adopting delisting lsaws and the recent anti-trust crackdown on tech giants.

The stock that we’re talking about is Jingdong also known as JD.com (9618.HK). JD.com is a Chinese e-commerce company and is one of the two massive B2C online retailers in China by transaction volume and revenue. Its major competitor is Alibaba-run Tmall. JD.com operates online retail and marketplace platform. Jingdong (JD.com) annual active customer accounts increased by 30.3% to 471.9 million in the 12 months ended December 30, 2020, from 362 million in 2019.

JD.com also has a logistics arm. It is one of the largest and most automated fulfilment centers in Asia and offer one of the best supply chain solutions. They are looking to list their logistics unit in the next nine months.

JD also has cloud &AI platforms which is powering it into the future. It has also got JD Health which has went IPO.

Now lets take a look at some of its financials. 

Chart source: seekingalpha.com

It has been growing consistently and with 2020 revenue at 745,802.

Chart Source: seekingalpha.com

operating cash flow also sees a steady increase. 

Net income is finally rising as they were spending more in the past for their growth.

And now lets take a look at the chart 

JD.com 23rd April 2021

Chart Source: Poemsview 23rd April 2021

As we can see, some support could be seen at around HKD$283 which is around gap support and if that fails to hold we might see it cover gap to around $267. As an investor, we always preach time in the market and not timing the market. When a quality stock like JD.com has fallen over 30% think this might bring some interest to those long term investors as this might be a chance to scoop up some shares at a discount. Scaling in and not going in all at once is something that we do. Go in by batches as nobody knows where the bottom is. Common indicators are at the oversold region too. IF JD.com can break above the downtrend line and the 20ema this might be the start of a reversal in play. Watching closely!

Remember that investing do carry risk and always consult your advisor first.

If you would like to know more, just drop us a line!

Yours

Humbly

Kelwin&Roy

 

Straits Times Index – [ Pulling Back, Downside Targets Updates! ]

Kelwin & Roy Straits times index , , , , , , ,
21st April, 2021, 6:54 PM

Straits Times Index – [ Pulling Back, Downside Targets Updates! ]

Chart Source: Poemsview 21st April 2021

Since our last blog post just a week over ago, we started seeing the Straits Times Index slowly peeling away. It had actually tried to break above our breakout level but failed to do so and got slammed down instead. With such a move down, we might see it move lower to the  uptrend line  of around 3120 also around the 50ema, Banks are the usual suspect as they take up a bigger weightage in the STI component.

The next few support might be around 3060 at the gap support and if that fails to hold STI might cover the gap to 3020. If we do reach that level some bargain hunting might be good. A pullback to 3020 represents about 6% from the high of 3221 which is actually healthy. So don’t be surprised if STI does pullback to that level. Don’t get too used to just seeing the ups and know that market moves up and down.

So trade with care and always have a trade plan and know your time frame. Traders might have been caught with this pullback and might end up picking up shares and being a mid term investor. So ensure you are discipline when it comes to trading or investing.

Yours

Humbly

Kelwin&Roy

Nanofilm- [Gapping Up On JV With Temasek, Our Next Target?]

Kelwin & Roy Nanofilm , , , , , , , ,
20th April, 2021, 9:26 PM

Nanofilm- [Gapping Up On JV With Temasek, Our Next Target?]Nanofilm 20th April 2021

Chart Source: Poemsview 20th April 2021

Good News greeted traders/shareholders of Nanofilm as they are forming a joint venture with Temasek to generate growth in the so-called “hydrogen economy”, increasingly touted as a cleaner substitute for the fossil-fuel economy.

The joint venture, Sydrogen Energy, will tap on Nanofilm’s capabilities in applying its advanced nano-coating to critical parts in fuel cell and electrolyser systems, which is poised to enjoy wider commercial application as more attention is focused on sustainability principles. More can be read from the article on theedgesingapore.com.

On the back of such news we saw Nanofilm gapping up and even broke its all time high of $5.48 before closing just below it.

Nanofilm was a stock which was on our watchlist since March and after its retracement we alerted our EXCLUSIVE CLIENTS on positive price action. (Take a look at the alerts above☝) It was trading at $4.92 then and once again just on Monday when it gave us another opportunity when it broke above its 5ema. All in all, Nanofilm has been moving up nicely achieving our upside targets.

From a technical perspective, some profit taking might come in at the all time high of $5.48 and after that we might see it push higher to new levels of around $5.54 then $5.59.

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Kelwin&Roy

 

SGX – [ Where’s Our Next Target After Breaking Out]

Kelwin & Roy SGX , , , , , , , ,
20th April, 2021, 7:30 AM

SGX – [ Where’s Our Next Target After Breaking Out]SGX 20th April 2021

Chart Source: Poemsview 20th April 2021

SGX also had a good move yesterday as it broke out once again after it broke the previous high of $10.29.

SGX has also updated last week that the total securities market turnover value on SGX increased 50% month-on-month in March to $38.7 billion, the highest since march 2020. Its derivatives franchise performed strongly q-o-q on the back of broad base volume gains in March across multiple asset classes. Total derivatives traded volume on SGX rose 31% m-o-m in March to 23.2 million contracts, the highest since July 2020. You can read more over HERE.

With that update SGX started to crank up its engine after having consolidated for about 3 months! The breakout that came was strong and sustained as the longer the consolidation or stored energy as some might refer it as the greater the move. Volume also started to build up and that led to SGX having a nice move up.

We’re glad we alerted our EXCLUSIVE CLIENTS when we first saw it moving above the 20ema which was a positive sign end March. SGX was trading at $9.97 and have since seen a 6% upside in about 2 weeks.

SGX might move up to challenge its high of $10.72 and probably some profit taking might come in over there. After which if it gain some momentum we might see $10.80 then even $11 in the coming weeks or so.

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Kelwin&Roy

Sembcorp Industries – [Why Was It Up Over 10% Today? ]

Kelwin & Roy Sembcorp Industries , , , , , , , ,
19th April, 2021, 7:37 PM

Sembcorp Industries – [Why Was It Up Over 10% Today? ]

Chart source: Poemsview 19th April 2021

Sembcorp Industries saw a blockbuster move today moving up close to 11%. It finally closed up 10% which is a very good move by any measure and especially in Singapore.

A few reasons why Sembcorp Industries had such a good run on a Monday when the broader market was sleepy and experiencing Monday Blues. Positive ratings from HSBC and Credit Suisse sent the stock hitting 10-month high and also helping us our third target of $2.11 giving us a nice upside of close to 10%.

Another reason and from the technical perspective Sembcorp Industries had a breakout from its horizontal resistance of $2.01. Volume started to pile in and that sent the stock flying up. It had been ranging for about a week and finally broke and never look back. So these are some possible reasons why we saw Sembcorp Industries running up. Well, more importantly, we hope that this run was a good one for you.

Sembcorp Industries has been good to us for the year as we have been alerting our client through out the year at various level. The latest was just two weeks back when it was trading at $1.93!

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Kelwin&Roy

 

Innotek – [ Will The Uptrend Continue? Late In The Trend? ]

Kelwin & Roy Innotek , , , , , , , ,
15th April, 2021, 7:16 AM

Innotek – [ Will The Uptrend Continue? Late In The Trend? ]

Innotek 15th April 2021

Chart source:Poemsview 15th April 2021

Innotek is a precision metal components manufacturer serving the consumer electronics, office automation and mobility device industries. MSF’s three business units – Precision metal stamping, Tools and Die design and fabrications, Integrated Processes and Assembly – have a strong and diversified base of Japanese and European end-customers.

It has been on a steady climb since the start of the year and started its long sideways consolidation from around February till April. Just over a week back ,when Innotek finally broke its horizontal resistance of $0.77 that caught our attention as that might be a continuation of the uptrend. Volume also started to come which helped to sustain the price movement all the way till our third target of $0.855! 🚀🚀. For now, would it be too late to enter? If we look at the history of Innotek, after a one-two bar of moving up then there might be a retracement. So if you haven’t enter yet perhaps waiting for a retracement might be a safer option. We’re glad our EXCLUSIVE CLIENTS were alerted back when Innotek was trading at $0.77. A nice 10% upside so far.

Our next possible targets are $0.90 then $0.925.

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Sunpower – [ More Than 10% Power Up In Less Than A Month! Further Upside? ]

Kelwin & Roy Sunpower , , , , , , , , , ,
14th April, 2021, 5:13 PM

Sunpower – [ More Than 10% Power Up In Less Than A Month! Further Upside? ]

Chart Source: Poemsview 14th April 2021

 

Sunpower had a breakout today after consolidating around the $0.89 cents region. This breakout came with an increase in volume which is the highest for the last month. Will this increase in volume help Sunpower power through to our next target? We sure hope so. =) Volume is an indication of interest and with more traders piling up into this stock this might take Sunpower to $0.925 then $0.96 from the charts.

Want to be our EXCLUSIVE CLIENT to receive such trade analysis when we spot a good set up? Sunpower was a stock that we spotted and alerted our EXCLUSIVE CLIENTS when it was just trading at $0.815. A nice 10% upside in just under one month as Sunpower moved up to a high of $0.915.

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Yours

Humbly

Kelwin&Roy