Sinostar Pec – [ Technical Outlook]

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]

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! ]

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? ]

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