Author: Kelwin & Roy

China Aviation – Flying off??

Kelwin & Roy China Aviation , ,
5th January, 2017, 12:29 PM

cao

Does China aviation looks like its going to fly?? Now now, let’s not get too excited. Let’s look at the chart and see and plan for our trade.

Chain Aviation oil or CAO for short seen an increased in volume today after a few week of low volume. It is also currently testing the downtrend line which we drew for the third time. We might consider entering once it breaks above 1.44 with a stop loss of either 1.43 (very tight stop loss) or 1.385 or even when it breaks below the uptrend line of around 1.37. Of course then our position sizing would be different too. So remember to plan for your trade like how we do so that you won’t get a rude shock at the end of the day.

Cliche as it might sound, if you fail to plan you plan to fail.

Yours

Humbly

Phillip Securities (Poems) Cash Prepaid Custodian Account 0.12% or S$10

Kelwin & Roy Phillip Securities (Poems) Promotions ,
4th January, 2017, 3:16 PM

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(Message us under contact us for more details on the terms & conditions)

This promotion is valid for all new custodian account and existing ones. You can take advantage of this promotion by opening a prepaid custodian account.

Do drop us a text if you want to find out more about it

**You can visit https://www.poems.com.sg/012commission/ for more details .

Yours

Humbly

Alliance Mineral – More upside possibility ?

Kelwin & Roy Alliance Mineral ,
4th January, 2017, 2:47 PM

alliance-mineral-4-jan-2017

Alliance Mineral today broke above the 0.096 horizontal resistance and close with a bullish price action, above the 50 day moving average which is represented by the green line with today volume highest since mid December .

If the bullish momentum can continue , these signals may bring Alliance Mineral to the next possible upside resistance region between 0.103 -0.106.

Stop Loss may be placed at 0.092 ( tighter stop loss ) or 0.089 ( wider stop loss)

Yours

Humbly

 

Mermaid Maritime- Swimming down south??

Kelwin & Roy Mermaid Maritime ,
19th December, 2016, 9:24 AM

mermaid

Mermaid had a nice rally but there seems to be some profit taking coming in and it broke the short term uptrend line. It got slammed down at closing to close at 0.15.

Our shorting entry would be below the horizontal support of 0.152 and the downside target might be at 0.141. The 20 days moving average might act as a first level of support.

Our stop loss can be 0.158 or 0.161. We would use poems CFD to short and not do a naked short.

Yours

Humbly

OCBC over ran?

Kelwin & Roy OCBC ,
16th December, 2016, 2:22 AM

ocbc

Banks have been having a good rally so far and a healthy correction would be good before it can move higher. OCBC has fallen out of its short term uptrend line and it tried to recover to the uptrend line but failed to do so there was also an increased volume yesterday.  IF it can’t break above the uptrend line we might see it head down towards its first support of 9.07 then $9 .

Yours

Humbly

Sembcorp Marine

Kelwin & Roy sembcorp marine ,
11th December, 2016, 3:59 PM

smm

 

untitled-pngsmm

Following up from our previous post of sembcorp marine , it did attempt to break the downtrend line of 1.48 and even its 200 days moving average but failed to stay above and had some retracement. But we’re still looking at it as on the weekly chart as it has broken above the downtrend line on the weekly chart.

Also, Opec and non opec agree on first global oil pact since 2001. (http://www.wsj.com/articles/opec-russia-upbeat-about-securing-oil-output-deal-as-meeting-begins-1481362580). This could spur oil prices up and we might see sembcorp marine moving up too. Our entry might be 1.485 and a stop loss of 1.42. Our first target 1.515 then 1.59

Yours

Humbly

 

YZJ

Kelwin & Roy YZJ ,
8th December, 2016, 3:59 PM

yzj

Its been awhile since YZJ went above the 200ma and today it managed to stay above it. If it can stay above it for the 2-3 days we could be expecting to retest the 0.92 level. So far YZJ has been fighting to stay within that short term uptrend line which we drew. If that breaks then it could sign a reversal.

Yours

Humbly

OUE

Kelwin & Roy OUE ,
8th December, 2016, 3:49 PM

oue

OUE had an increase in volume today and closing below its resistance of 1.815. A break above this resistance could see it head towards 1.88. We’re watching this stock closely to see if it can break out. A Stop loss could be at 1.79 if the breakout fails. We find that the risk reward ratio for this counter is good. More about OUE

http://oue.com.sg/

 

Yours

Humbly

Noble

Kelwin & Roy Noble Group ,
5th December, 2016, 1:31 PM
Noble Dec 2016
Noble Dec 2016

Noble came down to our target our 0.16 (http://singaporehumblestock.com/2016/11/noble-5/) and looks supported and there was an increase in volume today too.

We might see if move higher to 0.172 then 0.177. Our stop loss would be 0.159 where we might even turn short if that breaks

Yours

Humbly