Month: June 2021

Innotek – [ Continuation Of The Uptrend? Too Late To Chase? ]

Kelwin & Roy Innotek , , , , , , , , , ,
30th June, 2021, 7:00 AM

Innotek – [ Continuation Of The Uptrend? Too Late To Chase? ]Innotek 30th June 2021

Chart Source: Poemsview 30th June 2021

Innotek was a stock that we spotted since early April when it was just trading at $0.77. Since then it has rocketed over 30% and gradually retraced. It has been good to us as we have been alerting our EXCLUSIVE CLIENT several times  over the last 2 months and all have seen positive results.

And over the last week, we have seen how Innotek held up well despite the weaker sentiments in the overall market. As such, we decided to alert our EXCLUSIVE CLIENT as in the text above. We’re glad that our first target has been met and it does look like momentum is building up. Volume is increasing but it has to overcome that downtrend line that we drew and we might be able to see $0.98. Our upside target is at $1.01 and there could be some meat left for this trade.

Want to be alerted earlier and not miss out on our next trade alert? Be our EXCLUSIVE CLIENT  and find out how you can be included in our next alert. Or simply click the whatsapp logo at the bottom of the page to drop us a message.

Yours

Humbly

Kelwin&Roy

Haidilao (6862.HK) – Time To Feast On It?

Kelwin & Roy Haidilao , ,
29th June, 2021, 7:19 PM

Haidilao (6862.HK) – Time To Feast On It?

Haidilao 29th June 2021

Chart Source: Poemsview 29th June 2021

Most of us would be familiar with the hot pot restaurant Haidilao and how it has grown rapidly over the years. But did you know that it’s actually listed on the Hong Kong stock exchange? If you did, then did you know that the price has tumbled over 50% over the last 4 months?! Could this be a good opportunity to start nibbling on it?

And also, just this afternoon, BOC international has upgraded Haidilao from hold to buy! Lets take look at chart and some technical levels to look if you’re interested in this stock.

From the chart and using technical analysis, we can see that there is some support at around $36 as we see it consolidate there for about a week. The next support if $36 fails to hold might $32 then $28. As an investor or trader, we usually look to enter around the support or when we see a stock having test the support and rebound just like haidilao.

Our upside resistance as drawn is around $42, $47 then $50. As HK stocks can be volatile at times we usually look to swing our trades or scale in as investors and not go all in. At this level, it does present a good opportunity to slowly scale in and wait for a recovery as more people get vaccinated and economies start opening up.

The downside risk remains with covid mutating and further lockdown causing retail and F&B to slump.

Share your thoughts on Haidilao with us. We’ll like to hear them.

Yours

Humbly

Kelwin&Roy

Xinyi Solar Holdings (968.HK) – [ Broke Out, Upside Target Revised]

Kelwin & Roy Xinyi solar ,
23rd June, 2021, 7:14 AM

Xinyi Solar Holdings (968.HK) – [ Broke Out, Upside Target Revised]Xinyi solar

Chart source: Poemsview 23rd June 2021

Xinyi Solar (968.hk) was a HK counter we posted just at the start of June when we saw a potential break. Although the break didn’t come immediately we waited patiently for it to break before springing into action. Remember even as an investor or trader, patience is a virtue! Waiting for the right timing is critical in staying in the game. Buying a good stock at the wrong price is also not ideal.

As Xinyi Solar finally broke out over a week ago it did not immediately take flight but actually made a mini U turn. One more important point to note especially if you’re venturing into the Hong Kong market is that it can be very volatile. It is known as the beast of the East and there is a reason for it. It can move up fast and fierce and U turn within the day and its all part of the market movement.  What’s key is to ensure you have a sound trading plan in order not to be tossed left and right by such movements.

As for Xinyi Solar, it has hit our first resistance target from our previous post of $15.60 which is over 10% since the breakout. It came close to our second resistance of $16.90 but failed to reach it and closed with an ugly candle. We’re expecting some profit taking to come in. But in the mid term are eyeing $18,70 as the next stop.

We hope you have gained some knowledge from reading our post. Stay safe and keep on learning!

Yours

Humbly

Kelwin&Roy

Sinostar Pec – [ Technical Outlook]

Kelwin & Roy Sinostar pec , , , , ,
9th June, 2021, 10:28 AM

Sinostar Pec – [ Technical Outlook]Sinostar pec 9th june 2021

Chart Source: Poemsview 9th June 2021

Using technical analysis, Sinostar pec has broken out of its downtrend line. Volume is already more than the last few days which is a positive sign. If Sinostar pec manages to stay above this downtrend line, we might see it move higher in the next few trading session. The upside resistance would be around $0.415-0.42 first. Support at $0.33

If at the end of the day, Sinostar pec closes with a red bar and accompanied with higher volume then it might not look good. It might mean traders might be selling into the strength.  Keeping a close watch on this counter.

What are your thoughts?

Yours

Humbly

Kelwin&Roy

UMS -[ En Route To All Time High? Our Analysis Here]

Kelwin & Roy UMS , , , , , , , , , , ,
3rd June, 2021, 7:12 PM

UMS -[ En Route To All Time High? Our Analysis Here] UMS 3rd June 2021

Chart Source: Poemsview 3rd June 2021

UMS came to life today with a slight gap up on announcement of its closure of it acquisition of JEP. Despite the weak sentiment on electronic stocks like frencken, AEM, we saw UMS pushing ahead. As we can see volume  is starting to increase again after resting for a few days. What is interesting is that it was down yesterday and if traders who shorted it they might have to start covering if it breaks above the $1.46 resistance. A break above this could bring in more traders on the long side. This might help pull UMS up to the all time high of $1.49 then even beyond. We’re looking at around $1.52-1.53 area first.

So far UMS has been good to us and on many occasions hitting multiple targets. Check these out for past movement of UMS.  Our most recent alert being on 14th May when it was just trading at $1.35. A nice 8% upside so far.

It is currently on its uptrend and we’re using the 5ema as a guide and support. A break below might bring it towards that uptrend support line.

Don’t want to miss out on our next trade alert? Be our EXCLUSIVE CLIENT  and find out how you can be included in our next alert.

Yours

Humbly

Kelwin&Roy

Xinyi Solar Holdings ( 968.HK) – [Watching For That Break! ]

Kelwin & Roy Xinyi solar ,
1st June, 2021, 7:26 PM

Xinyi Solar Holdings ( 968.HK) – [Watching For That Break! ]Xinyi solar 1st june 2021

Chart Source: Poemsview 1st june 2021

Xinyi Solar (968.HK) s a leading global solar glass manufacturer. Its  strengths are in the R&D, manufacturing automation, process optimization, technical sales support and after-sales services of solar glass products. It has made substantial investments in solar farm project development.

It has corrected about 60% from the high of HKD$24.80 to a low of $9.90. If you believe in clean energy being the future then this might be a stock that you might want it to be in your portfolio. Also with the recent drop in price, it is more price friendly as HK stocks require a minimum number of shares to buy in.

As of now Xinyi Solar is currently at the downtrend line resistance. If it manages to break above that resistance we might see more upside to around $15.60 then $16.9.

Our support is $12.75 and $11.80. Scaling in by batches is what we advocate. All investment carries risk , so do ensure you have a proper trade plan in place before investing.

Yours

Humbly

Kelwin&Roy

AEM – [ Rebounding, Ending May On A Positive Note, Our Next Target? ]

Kelwin & Roy AEM , , , , , , , , ,
1st June, 2021, 7:00 AM

AEM – [ Rebounding, Ending May On A Positive Note, Our Next Target? ]AEM 1st June 2021

Chart Source: Poemsview 1st June 2021

Electronic stocks were having a move last week and having caught UMS and Aztech on the earlier run it was time for AEM to shine. Having been the leader for awhile it fell sharply over the last few months as valuation started to get high. As it started to retrace we took the chance to alert our EXCLUSIVE CLIENTS on a potential rebound.

Being the laggard this round, we thought it was time for AEM to have some rebound as it was much loved by the market previously. When it finally broke above it resistance just a week ago and with volume starting to come in, that gave us more confidence in our analysis. We’re glad our first target was hit and an increased in volume, we might be able to see it move towards the 50ema resistance. Fingers crossed!

Don’t want to miss out on our next trade alert? Be our EXCLUSIVE CLIENT  and find out how you can be included in our next alert.

Yours

Humbly

Kelwin&Roy