Author: Kelwin & Roy

Singpost

Kelwin & Roy Singpost ,
13th November, 2016, 1:50 PM
Singpost Nov 2016
Singpost Nov 2016

Singpost, recently ran up with good news about strengthening collaboration with Alibaba

http://www.singpost.com/about-us/news-releases/singpost-strengthens-collaboration-alibaba-ecommerce-logistics

but it gave a set of not so good results shortly after and that sent its price diving down back to $1.50 which is at our horizontal support and also the 50ma. There was an increase in the volume on friday with the sell down. So if the support of 1.50 doesn’t hold then we might see singpost heading down to $1.45 first then maybe even $1.40. But if $1.50 holds then we could see a rebound in sight. We are more downside bias

Yours

Humbly

OCBC

Kelwin & Roy OCBC ,
13th November, 2016, 1:14 PM
OCBC Nov 2016
OCBC Nov 2016

Before we start sheng shiong had a fall to $1 before some short covering came it. $1 was a bonus to us. So hopefully your shorts were profitable.

Next, after the crazy week with trump winning market seems to have gone up instead of down which observers were hoping for. Our local banks seems to have a strong rebound with DBS rebounding from $15 to $16! WOW!

We’re watching OCBC now and looking to see if it can break that downtrend line convincingly at about 8.65. It is currently being resisted by the 50ma at 8.59. It tried to break on friday but retraced after that. So this will be in our watchlist. We’ll consider entering when it breaks above the line and have ย a stop loss at 8.58 ot 8.50 .

 

Yours

Humbly

Sheng Shiong

Kelwin & Roy Sheng Shiong ,
26th October, 2016, 12:58 PM
Sheng Shiong Nov 2016
Sheng Shiong Nov 2016

Sheng Shiong caught our attention. A defensive stock but it came down together with the overall market too. Furthermore it broke that uptrend line which we drew and it came down with an increase volume. The current support is at 50 ma which is at 1.065. If that breaks we might see further downside to 1.025 the horizontal support.

Lets see how it plays out the next few days.

Yours

Humbly

Thaibev

Kelwin & Roy Thaibev ,
26th October, 2016, 12:48 PM
Thaibev Oct 2016
Thaibev Oct 2016

Thaibev had a sell down today with an increased in volume. From the chart we can see that its being resisted by the 50 days moving average (50ma) the last few days and finally sold down. ย Current support at 0.95 if that breaks we might see if move towards 0.92 in the next few days. and maybe even 0.90 eventually.

We use CFD to short and not naked short with a stop loss at 0.98

Yours

Humbly

GLP

Kelwin & Roy GLP ,
17th October, 2016, 2:33 PM
GLP Oct 2016
GLP Oct 2016

GLP hasn’t move much recently , it is currently below the 50 and 200ma which is bearish in technical terms.

It is currently sitting on its horizontal support of 1.805 and there was an increase in its volume today.

For now GLP seems like its in a range. Watching to see if that horizontal line breaks which might take it down to 1.75 level.

Yours

Humbly

 

CNMC

Kelwin & Roy CNMC Goldmine ,
6th October, 2016, 2:39 PM
CNMC Oct 2016
CNMC Oct 2016

 

One of the hottest stock in the market CNMC had a gap down on wednesday as gold reached a 3 months low. That gap down might have scare traders out as people were rushing for the exit.

From the chart, we can see that it has broken the uptrend line after the gap down and is now currently below the 50ma too. We’re not optimistic on CNMC for now and might see a pullback to 0.50 the horizontal support. From there we shall see where gold price is and if 50 cents holds too.

Yours

Humbly

Cosco

Kelwin & Roy Cosco
5th October, 2016, 2:49 PM
Cosco Oct 2015
Cosco Oct 2015

Energy, commodities stocks are running these days. Noble, alliance mineral all had a good run.

We’re turning our eyes on cosco. Been alittle quiet these days. There was an increase in volume today and its still not moving much. Could there be some accumulation going on? Well, we’re using the 50ma as the resistance at 0.27. If that breaks and it can break out of 0.275 we might see more upside after. Lets watch and see where this goes to.

 

Yours

Humbly