The Week Ahead July 2022 – [STI, HSI, NASDAQ & S&P]

10th July, 2022, 4:14 PM

We like to take this time to wish our Muslim friends a Selamat Hari Raya Haji! Hope  you’ll have a blessed time with friends and family.

Us Core consumer price index will be coming out this Wednesday and eyes will be on inflation data once again. US had a relatively strong rebound for the week and is approaching resistance. If inflation manages to ease off and not go crazy then we might see some more rebound. Markets are expected to remain volatile so traders got to put their best foot forward for the week!

HSI

As previously mentioned HK pulled to our first support at the around horizontal support and also around the 20ema. It started to have some rebound and for this week we might see HK breaking that very short term downtrend line resistance. We’re looking for a re-test of 22365 for this week with HK gaining strength. Some major tech stocks like Tencent is also looking on the upside. We continue to remain bullish on HK markets.

STI

Singapore markets will be closed on Monday due to Hari Raya Haji and will resume trading on Tuesday. Meanwhile our markets continues to be in a range currently trading near the upper resistance range of around 3131. STI might attempt to break that resistance this week but take note of the volume for a more convincing break. SATS is on our radar as this stock is showing some resilient.

Head over to our facebook for more updates on S&P500 and Nasdaq for the potential levels we are looking at.

Yours

Humbly

Kelwin & Roy

The Week Ahead July 2022 – [STI, HSI, NASDAQ & S&P]

3rd July, 2022, 3:51 PM

Markets saw another roller coaster week with a strong start and then slamming down during the week. Hong Kong once again being the outperformer. Its the start of the second half of the year and earnings will be coming out starting Mid july which will set the tone for the markets. Inflation will hurt the overall results causing a compression on earnings and a beating on price too. Any big miss might send the stock plunging and for re-rating too. So do ensure to keep a look out for your favourite stock during this week.

HSI

HSI 3rd July 2022

It rebounded to our projected target for the week and became resisted. A pullback is healthy to us and an even healthier if it manages to pullback to around the 20k level. As for this week, we’re probably looking at 21262 level for support first as there are a few confluence of support there like the 20ema. Hk is in a bit of a range and for the long term investors who missed the first wave, look to buy on dips at the support level. HK is displaying a higher low so it has to maintain this for further upside.

STI

STI 3rd July 2022

A slow week for STI as it continues to lag behind. It’s been in a range for the past few weeks and nothing exciting for our local markets yet. We’re just watching to see if the support of 3075 can hold for the week. So far, its been slow and there is a possibility of it breaking as our banks are also pricing in a recession with a slower loan book.

Head over to our facebook for more updates on S&P500 and Nasdaq for the potential levels we are looking at.

Yours

Humbly

Kelwin & Roy

Sunny Optical (2382.HK) – Will It Continue To Shine After A 8% Move?

28th June, 2022, 7:07 PM

Sunny Optical 28th June 2022

Another spectacular move and this time its by Sunny optical (2382.HK). It was just an alert which we gave our Clients YESTERDAY and we saw it burst into action the moment it broke out. It has hit our first target of $138.20 before some retracement came in. That’s over 8% upside from our entry which we are more than satisfied with.

As for Sunny Optical, there is still some more room for the upside but of course it won’t be in a straight line. Expect some profit taking to set in soon around the $140 mark and then the $146 area. Our middle term target would be around $160. We can see volume coming in over the last few days which can probably help to sustain this upwards movement. Hong Kong once again is gaining more interest as China eases quarantine for overseas arrivals. A right step towards opening up!

Clearer skies ahead!

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Yours

Humbly

Kelwin & Roy

Geely (175.HK) – Went Gila! How Much Further?

27th June, 2022, 7:03 PM

Gila is the Malay word for CRAZY which probably best describes Geely as it has seen about a 20% upside movement in just 4 trading days ever since we alerted our clients on it! Crazy moves for some counters in the Hong Kong market and we’re glad we managed to catch some of them.

As for Geely, our eventual target is around $20.6 but there are signs of profit taking as Geely as risen quite fiercely over the last few days so its normal to have some profit taking coming in. We might see it move towards the 5ema of around $17.20 before some support comes in.

Want to receive such awesome alerts? Be our client to benefit from such ideas.

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Yours

Humbly

Kelwin & Roy

Kuaishou Technology (1024.HK ) – Watching It Closely And Here’s Why

27th June, 2022, 4:26 PM

The Hong Kong market has been moving up for awhile and we have been more active over here as you all can see from our post. Both Geely and HKEX has done very well and now we’re looking at another stock Kuaishou (1024.HK).

Kuaishou 27th June 2022

From the chart we can see it that the horizontal resistance is at $90.20. It did challenge it today but failed to stay above it. We are watching closely for a sustained break and given the momentum in the HK market we might see this break coming soon. Its the third time that Kuaishou is testing this resistance and a fourth time with volume might signal a strong breakout! Kuaishou has also been consolidating for awhile so if it manages to break, we might get a nice upside movement too.

The possible upside could be to $99 first a good 10%!

 

The Week Ahead June 2022 – [STI, HSI, NASDAQ & S&P]

26th June, 2022, 4:42 PM

 

Its the end of the school holidays! We hope you had spend some quality and quantity time with your kids and family. It was an exciting week especially for the Hong Kong market which gained strength and saw very good gains overall. US also saw some positive action towards the end of the week with Nasdaq breaking out from its consolidation. Is the bull finally back? Read on to find out more.

Some things to note, market saw a pullback in commodity prices like oil, palm oil and coal stocks are starting to retreat too. This could give a short term relief rally for the markets but all eyes still on inflation data which will continue to lead the market. The 10 year yield has also retraced which continues to boost markets especially the Nasdaq.

HSI

A very nice rally for the hong kong market as it burst through its 5ema which we mentioned last week. Auto stocks saw a nice jump on govt stimulus which we also spoke about. Many stocks in Hong Kong are displaying strength in which we have seen for the last year and its good to have some focus on the Hong Kong market. As for the week, we are looking for more upside to around 22397 which is around the horizontal resistance. HKEX , Xiaomi are also looking good for next week. Remember once again if you’re trading or investing in HK markets as your approach to the market would be very different. As for investors, we have mentioned quite a few times to slowly average in due to our bullish view on it whereas for trading we’ll need a bullish momentum for it.

STI 

STI has also rebound off our support line which we drawn last week but the rebound we saw wasn’t anything strong as predicted. It came to the downtrend line and started hovering around it. For the week, we might see a move up towards 3146 area which is also around the 20ema. Wilmar is one stock we’re looking at with interest! Reits for investment has also shown strength through the week which we have informed our clients!

The week is shaping up to be a better one so be alert and make good use of it!

Head over to our facebook for more updates on S&P500 and Nasdaq for the potential levels we are looking at.

Yours

Humbly

Kelwin & Roy

 

Geely (175.hk) – [Accelerating Forward]

23rd June, 2022, 6:57 PM

A slew of good news has been coming out of China and this morning it was the automotive sector benefiting. China  considers extending electric car tax exemptions and this gave a boost to auto shares like xpeng, li auto, great wall motor and of course geely.

Geely 23rd June 2022

It came to our attention yesterday when we saw Geely trying to break out after a long consolidation and with volume. We informed our clients as we saw a good potential trade set up. We’re thankful that it has risen over 7% in just a day hitting our first upside target! Very impressive run for a day! There looks like more room on the upside but of course not in a straight line. $17.90 is our next upside target!

As our local market is in a consolidation phase, it is important to look at other markets to continue to generate some income. So when one market is slow there are still other markets to look at.

Want to receive such awesome alerts? Be our client to benefit from such ideas.

Contact Us and we’ll guide you through.

Yours

Humbly

Kelwin & Roy

HKEX (388.HK) – Looking Good For More Upside

21st June, 2022, 6:08 PM

HKEX (388.HK) – Looking Good For More UpsideHKEX 21st june 2022

As we previously mentioned, Hong Kong markets are looking good and it might continue to outperform the other markets this year.

One particular counter has caught our eyes as it has just broken out of consolidation. There was an increased in volume today and breaking the horizontal resistance we might see more upside in the coming days. The hong kong exchange or HKEX looks like there might be more upside to come.

$375 then $392 are our first two upside targets with immediate support at the 20ema of around $348. Looking at  a bullish move up!

Yours

Humbly

Kelwin & Roy

The Week Ahead June 2022 – [STI, HSI, NASDAQ & S&P]

19th June, 2022, 3:24 PM

Fed has raised rates by 0.75% on persistent inflation. Inflation wasn’t slowing down in June which left the fed to increase increase rates by 0.75%. Markets continue to look upon inflation numbers and if it doesn’t slow down then more rate hikes are going to be expected with the next one in July. An interesting thing that we’ve been mentioning is that despite US making new lows, the Hong Kong market which we’ve been covering extensively has actually been resilient. With good news flowing out of HK we continue to be bullish and believe in the recovery of that market.

HSI 

HSI has retraced to our short term uptrend line but is currently resisted at the 5ema. It has formed a higher low which is healthy in a larger reversal cycle. For long term holders, congrats as HSI is finally seeing some positive light with positive news flow coming out more and more. Even with the recent downside in US, HK has been holding up well with 20k a good support to continue to scale in. For this week, a break above the 5ema might signal more bullish signal and a test of 22k might be possible.

STI 

STI has hit some some around 3072 but a more significant support is around 3035 area. That is a still a chance that STI might hit that support before any sustained rebound that comes. Singapore markets is still trying to find its footing and there hasn’t been any sustained rally so far. STI might rally to that downtrend line of around 3120 before getting resisted. We’ll await more confirmation before making any moves.

Head over to our facebook for more updates on S&P500 and Nasdaq for the potential levels we are looking at.

Yours

Humbly

Kelwin & Roy

 

Happening Tonight! DLC Webinar Trilogy – Episode 3: Boost Your Portfolio Returns by Trading DLCs

8th June, 2022, 2:25 PM

Daily Leverage Certificate

If you have heard of this term DLC and still not sure what is it or what it can potentially do for your trading then join me tonight in our exclusive Live webinar.

With the Hong Kong market gaining more life and with easing of regulation on HK tech stocks, find out how you can make use of the daily leverage certificates or DLCs for short to boost your trading returns.

I will be sharing some of my own trade set ups and how i use DLC for trading. Some of the do’s and don’ts when using DLCs and tips to speed up your learning.

So if you want to ride the next wave up then come join me tonight at 8pm by clicking the link below.

https://poems-sg.zoom.us/webinar/register/3316538833244/WN_z0rV3HffS8-Pz3cvKQ-DmA

See you all there tonight.

Yours

Humbly

Kelwin