City Dev, Capitaland

Kelwin & Roy Capitaland, City Dev , ,
14th November, 2016, 2:59 PM
City Dev Nov 2016
City Dev Nov 2016

City Dev to us can be a tricky stock as there are times when it moves up and down with many fake breakout and breakdown.

We’re using the 200ma as a guide this time as we did for mapletree Log(http://singaporehumblestock.com/2016/11/mapletree-log-2/) by the way it came down more today =) just shy of 0.05 of our target of 97 cents.

For city dev, its been above the 200ma for the last 7 months. So this has to hold and if it doesn’t then long term players might even let go of their holdings which could accelerate the downwards movement . 200ma stands at $8.35 we’ll only initiate a short if it breaks down convincingly. Entry can be 8.34 with a stop loss of 8.41. We’re putting a tight stop loss for this. But if you have a bigger tolerant then your stop loss could be at  8.69

 

Capitaland Nov 2016
Capitaland Nov 2016

Capitaland might see further downside to 2.95 area before we see some rebound depending on the market

Yours

Humbly

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Thaibev

Kelwin & Roy Thaibev ,
14th November, 2016, 2:34 PM
Thaibev nov 2016
Thaibev Nov 2016

Thaibev

From our previous post, thaibev has made a slow and steady drop to close at 0.915 from 0.95. Our target of 90 cents might be coming soon but we might see it even hit 0.87 which is the 200ma and also that lower band of the trendline that we drew. Do take note that their results will be out this coming friday after market ya.

Yours

Humbly

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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

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Mapletree Log

Kelwin & Roy Mapletree Log ,
13th November, 2016, 1:27 PM
Mapletree Log Nov 2016
Mapletree Log Nov 2016

Mapletree Log

Since our previous post Mapletree Log has been sliding down and is currently below its 200ma. The support of 1.01 seems to be holding but we’ll be watching to see if it can break below. Many reits and trust are getting hit in the recent days, so lets see it this will continue its slide down to 97 cents.

Yours

Humbly

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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  a stop loss at 8.58 ot 8.50 .

 

Yours

Humbly

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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

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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.  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

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Keppel Corp

Kelwin & Roy Keppel Corp ,
17th October, 2016, 2:44 PM
Keppel Corp Oct 2016
Keppel Corp Oct 2016

Keppel Corp closed strongly today and even managed to close above its 50ma. Keeping a close watch on it to see if it can move up to the 200ma.

Together with Kepcorp, sembcorp marine also closed up strongly to its horizontal resistance of 1.35. Take note of it too.

 

Yours

Humbly

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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

 

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