Paypal – [ Why It Made All Time High]

5th February, 2021, 9:32 PM

Paypal – [ Why It Made All Time High]paypal 5th Feb 2021

Chart source: Poemsview2.0

PayPal surged last night(Thursday) over 7% following the release of its excellent fourth-quarter results.

What was amazing is that it added 16 million net new active accounts during the quarter, bringing its total customer count to 377 million. Quite an amazing growth number if you ask us. This rapid increase in active users helped to fuel a 39% year-over-year surge in total payment volume, to $277 billion, and a 23% jump in revenue, to $6.1 billion.

It posted a greater-than-expected profit of $1.08 per share on 23% revenue growth to $6.12 billion. The company benefited from its standing as a COVID-19 beneficiary in 2020, posting a phenomenal 116% annual return. The stock has added another 15% so far in 2021.

From the chart, we pointed out our trade plan for Paypal just a month ago in January detailing how we would trade a stock like this. We’re glad it turned out the way we planned it to be. As always it is always important to have a trade plan. That might be more room for the upside to around $300 which is around the upper band of the trendline resistance. $300 is also a round number so profit taking might start to come in around there. Remember to protect your profits.

Always have a trade plan before doing any trades!

Yours

Humbly

Kelwin&Roy

 

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Square (SQ) – [Watching For The Break]

2nd February, 2021, 10:23 PM

Square (SQ) – [Watching For The Break]Square 2nd Feb 2021

Chart source: Tradingview.com

Square Inc (SQ) is a commerce ecosystem. The Company enables its sellers start, run and grow their businesses. It combines software with hardware to enable sellers to turn mobile devices and computing devices into payments and point-of-sale solutions. Once a seller downloads the Square Point of Sale mobile application, they can take their first payment.

Square has recently corrected about 20% since the high and is currently at the downtrend resistance line. We’re looking at the break of that resistance of around $224. A break above that might see it move up to $242 in the coming weeks. Square is looking good to us.  The support is the uptrend support line drawn on the chart.

Investors angered by Robinhood’s decision to block them from buying shares of Gamestop, AMC fled to other online brokerage and Square was the beneficiary. Some traders switched over to square which is a mobile payment platform that allows users to transfer money to one another, as well as invest in stocks and bitcoin.

Yours

Humbly

Kelwin&Roy

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January Went Very Well Until This Happened!

1st February, 2021, 7:18 AM

January Went Very Well Until This Happened!

We hoped the month of January went well for everyone as market saw a nice up movement from the start of Jan.

Jan started off well as market was hopefully that vaccines are starting to roll over in the world and hopefully we’ll be one step closer in defeating this virus. Market was also looking forward to a change in President as Joe Biden took office in hopes that he’ll be not so crazy as Trump and having a more moderate approach towards China. All these  led to a good three weeks for Jan then this happened. This translated into a nice rally for the global markets with stocks like IFAST even making a new high.

But as they say all good things have to come to an end. We saw market showing signs of weakness from the third week of January and alerted our EXCLUSIVE CLIENTS to be cautions moving forward. Check it out over HERE! As market started to pullback we also had to cut loss. Nothing to hide here and we don’t want to paint a picture perfect scenario where its all win and no loss! IMPOSSIBLE!

No shame as we alert our EXCLUSIVE CLIENTS regarding the stop loss so that they are aware of the stock’s movement. It is always crucial to have a trade plan, knowing the entry price, your stop loss and target price so you won’t be taken a back if things go south. You’re mentally prepared which would translate to a better and more positive results.

Want be have such a reliable remisier? Want such updates sent to your handphone straight so that you can trade with ease and peace?

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See you onboard soon!

Yours

Humbly

Kelwin&Roy

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Straits Times Index – [ In The Midst Of A Pullback And Here’s What We Did Last Week!]

29th January, 2021, 7:14 AM

Straits Times Index – [ In The Midst Of A Pullback And Here’s What We Did Last Week!] Straits Times Index 29th Jan 2021

Chart Source: Poemsview 29th Jan 2021

Straits Times Index currently having a pullback from a high 3017 which might have come as a surprise for some but we’re thankful that our EXCLUSIVE CLIENTS were warned of this pullback last week. STI had moved up over 5% since the start of Jan and along with other  markets it looked tired and was tough to push higher. True enough some pullback came which is healthy in our view.

We have drawn some support levels for the STI with the 50ema of around 2866 being our major support. Support levels might present chance to scale in for long term stocks.

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See you onboard soon!

Yours

Humbly

Kelwin&Roy

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Xiaomi (1810.HK) – [Will It Break From Its Downtrend Line? ]

26th January, 2021, 7:15 AM

Xiaomi (1810.HK) – [Will It Break From Its Downtrend Line? ]Xiaomi 26th Jan2021

Chart Source: Poemsview 26th Jan 2021

Xiaomi(1810.HK) has recently found itself in the US blacklist which bans Americans form investing in companies that are in this blacklist. Naturally on such news we saw xiaomi nosedive over 10% and as everyone panic we saw possible opportunities. So we sent out a message to our clients the next day informing them of some potential support points to look out for. After touching the 50ema Xiaomi did a 10% rebound which actually hit the downtrend line, a good profit for those short term traders.

So what is our trade plan now? Xiaomi is currently near the downtrend resistance line and a break above that might see more bullish action coming in which might take it to around $33.70 levels. If it breaks during the day and doesn’t close above the resistance then we would want to be more cautious as this might signal weakness.

For longer term investors, scaling in at support levels is a strategy we deploy and scaling in in batches too and not going all in at a time is also our preference. We have drawn some support levels so do take a look.

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Yours

Humbly

Kelwin&Roy

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Salesforce (CRM) – [Consolidating For A Move Up?]

25th January, 2021, 7:33 PM

Salesforce (CRM) – [Consolidating For A Move Up?]salesforce 25th Jan 2021

Chart Source: Poems2.0.com

Salesforce (CRM) is currently in a sideway consolidation for the past month or so. Using technical analysis, the horizontal resistance is around $233 and nearby short term downtrend line is around $236. So if these key levels are taken out we might see a push towards $250 or even higher in the mid term. Volume is also coming in

It has test the horizontal support of around $214 and started to bounce up. If market sentiments continue to remain strong we might see more bullish action from salesforce!

Keeping a look out for this counter!

Yours

Humbly

Kelwin&Roy

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Apple (APPL) – Breakout Again?

25th January, 2021, 8:00 AM

Apple (APPL) – Breakout Again?

Apple 25th Jan 2021

Chart Source: Tradingview 25th Jan 2021

Apple (APPL) which we mentioned back in Dec was trading at around $120. We mentioned that we’re looking for a break of that downtrend line of around $120 and with the volume supported apple moved up in the next few days. It went up to our $129 target and surged beyond that. Now that’s history and lets look forward to our next trade plan for Apple.

Apple has broke out of its horizontal reaching its all time high and closed above this break out. Taking the breakout is one trade plan as price could continue  to move up. Another trade plan could be waiting for a test of this breakout point of around $139. If unsure a trader could go in half their size and wait for a pullback. Remember your intentions too, are you trading or investing?

In the long term, we’re bullish on the prospect of apple.

Yours

Humbly

Kelwin&Roy

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IFast -[ Broke The All Time High, Reviewing This Trade And How To Trail Your Profit Levels

19th January, 2021, 7:15 AM

IFast -[ Broke The All Time High, Reviewing This Trade And How To Trail Your Profit Levels IFast 19th Jan 2021

Chart Source: Poemsview 19th Jan 2021

It’s a very good start for IFast as it has seen its price rocketed over 50% since its opening price of $3.06 and a closing of $4.67 as of 17th Jan. Unbelievable and rare to find in the Singapore stock market. We’re just glad that we managed to catch this stock from the start of this year and starting the year on the right foot.

Many have asked what’s the outlook for IFast, how much further can it go? Can still enter? We’ll try to share as much so hopefully you’ll have a better perspective on how we look at the markets.

For a start, we’ll be honest and admit that we didn’t expect IFast to run that much and that fast. That I think most people wouldn’t be able to tell. But what we can share if how we can go about tackling such trades. Firstly, a look at the company’s fundaments to see if such a stock might be worth trading or even holding. IFast had an impressive track record so far and is a growing company with a growing asset under its arm. Something which we mentioned in our blog post. 

Secondly as we enter a trade and as it hits our target, one can either take profit or start placing a stop loss at the entry point once the stock has hit our second target. If it has moved further set it to the second target as ur trailing stop loss. One might also consider using the 5ema as a guide when a stock starts displaying a powerful uptrend like IFast. It is an illusion to think that one can always take profit at the top. Sorry to burst your bubble, even after more than 10 years of trading we still can’t take profit at the top of the top. =)

Thirdly, decide if you’re trading or investing. If you can’t decide why you’re entering the trade or the answer is I don’t know or I everything then you’re probably going to end up with very mixed results. Trading and investing are two very different things and mixing it up usually will result in very mixed results. When you’re suppose to hold you sell, when you’re suppose to sell you hold. So make up your mind, be clear in your actions.

We hope we shed some light for trading such stock . From the chart, we can see that IFast touched the 5ema and started having some rebound. If it closes below the 5ema for more than two -three days then it might signal more downside if not continue to enjoy the trend.

Want to cut through the noise and get such trade alerts sent straight to your handphone? In addition, have such a detailed follow up?

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See you onboard soon!

Yours

Humbly

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Japfa – [ Late Day Break Out, All Time High In Sight]

18th January, 2021, 6:50 PM

Japfa – [ Late Day Break Out, All Time High In Sight]
Japfa 18th Jan 2021

Chart Source: Poemsview 18th Jan 2021

Japfa saw some action creeping in after lunch break and at around 3pm some heavy buying started appearing. We’re glad we didn’t need to chase or do much as our EXCLUSIVE CLIENTS were alerted last Tuesday when we saw a break of the horizontal resistance as shown above in the message.

So we were just waiting for it to hit our first target right at the previous high of $0.96. A nice hit and it continued to push on breaking this resistance. Volume also started and its higher than the past few days which is a positive sign for us. Its closing is also above the resistance of $0.96 another positive sign. Will Japfa be able to challenge the all time high of $1.05? This might be on the cards with the healthy volume but we’re aiming for $1 first as there might be some profit taking around that area. Fingers crossed!

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Yours

Humbly

Kelwin&Roy

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Sembcorp Industries – [ Pushing Upwards, Looking For A Further Break ]

13th January, 2021, 7:05 AM

Sembcorp Industries – [ Pushing Upwards, Looking For A Further Break ]Sembcorp Industries 13th Jan 2021

Chart Source: Poemsview 13th Jan 2021

Sembcorp Industries bucking the overall down day in the STI to come up as one of the top gainers yesterday.

Will the trend continue? Lets take a look from a technical perspective. Sembcorp Industries had a month long consolidation from Dec till Jan and started to show sign of bullishness . In fact when it broke above the 20ema together with an increase in volume just last Wednesday we saw it as a bullish sign and alerted our EXCLUSIVE CLIENTS. The breakout was at $1.74 and since then  we saw a nice upside of over 5% in a week. Does it still have legs to move up? We think its possible for it to test the $1.88 resistance then maybe a short break and try to push further to the $1.94 level which you’ll need to zoom out of the chart to have a better look. We’ve been covering Sembcorp Industries since last Oct so take a read over here to gain more knowledge about it.

Want to cut through the noise and get such trade alerts straight to your handphone?

Then be our EXCLUSIVE CLIENT and find out how much value is waiting for you!

See you onboard soon!

Yours

Humbly

Kelwin&Roy

 

 

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