Keppel Corp – [ Run Just Started Or Late In The Run? ]

10th January, 2021, 8:10 AM

Keppel Corp – [ Run Just Started Or Late In The Run? ]Keppel Corp 10th Jan 2021

Chart Source: : Poemsview 10th Jan 2021

Keppel Corp is part of the STI component stock and it broke out of its long term downtrend line last Wednesday which was a bullish price action for us. We alerted our EXCLUSIVE CLIENTS on this breakout and we’re glad it started to move up the next few days.

From the chart this move could have further legs as it has consolidated for around a month and we can see volume coming in the last few days too. We could use poems CFD to swing this trade to around $5.77 and if market continues its bullish we might see Keppel Corp push to $6 in the coming weeks. With Keppel Corp trying to monetise some of its $17.5 billion of assets over time might be a catalyst for further upside. It has also laid out its 2030 blueprint back in may2020 which could boost its longer term horizon. We prefer to swing this trade using poems CFD which you can learn more over HERE.

Missed the breakout for Keppel Corp? Want such trade alerts sent to your handphone straight?

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See you onboard soon!

Yours

Humbly

Kelwin&Roy

 

Wilmar – [ Anymore Room For Upside After Such A Strong Run?]

9th January, 2021, 6:42 PM

Wilmar – [ Anymore Room For Upside After Such A Strong Run?]Wilmar 9th Jan 2021

chart source: Poemsview 9th Jan 2021

Wilmar had a nice upside of over 20% since its base was formed around $4.2 in early December. We alerted our EXCLUSIVE CLIENTS back in late Nov when Wilmar started to show some signs of interest. Holding on to this trade saw a saw eventual upside of over 15%. In order to hold on to this trade, one could either pay up fully or consider using some leverage instrument like CFD. This enables the trader to hold on to the trade for a longer time if one feels that the stock has more upside potential.

For now lets take a look at Wilmar’s chart and see if there is more room for upside. Wilmar had been having share buy back around Nov 2020 to even in Jan which could be a reason for the recent spike in price. It has risen about 20% from December and the next potential target might be around $5.20 level.  The risk reward for now isn’t favourable in our view and would prefer for a pullback to the 5, 10ema or the uptrend support line. If we missed this trade we would prefer to wait and not chase or maybe look at another stock rather than trying to buy high and try to sell higher.

Want to learn more about CFD? We made some videos on it so just click HERE to learn more and of course if you have questions feel free to drop us a message.

Also, if you want to get such trade alerts straight to your handphone with such a follow up service,

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

See you onboard soon!

Yours

Humbly

Kelwin&Roy

UMS – [ Powerful Breakout Yesterday, Able To Sustain? ]

5th January, 2021, 7:00 AM

UMS – [ Powerful Breakout Yesterday, Able To Sustain? ]UMS 5th Jan 2021

Chart Source: Poemsview 5th Jan 2021

UMS a stock that we alerted our EXCLUSIVE CLIENTS back in Nov came into motion and even hit both targets in a day!

Electronics stocks like AEM, frencken all saw some movement yesterday with UMS having the biggest gain in terms of percentage. Looking at the chart, it broke out of its $1.09 horizontal resistance and power through to close at the day high of $1.15. The volume that came in yesterday is one of the biggest for the last three months something that we should take note of. With such an increase in volume we might see the uptrend resume moving towards the previous high of $1.19 and maybe even $1.25.  UMS has also been consolidating for the last 4 months so we’re hoping for more upside for this counter.

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

IFast – [ Covering Gap? Were You Fast Enough? ]

4th January, 2021, 10:10 PM

IFast – [ Covering Gap? Were You Fast Enough? ]IFast 4th Jan 2021

Chart Source: Poemsview 4th Jan 2021

What a good start to the year as IFast which we were eyeing in Dec after the brutal sell down made a nice move up today. You can read more about our thoughts on IFast over HERE.  We have not given up on this counter even though it didn’t win the digital banking license as that was just one upside component for this counter.  It had consolidated for the last three weeks or so and finally today when it crossed the 20ema that was when we alerted our EXCLUSIVE CLIENTS.

After crossing  the 20ema of around $3.10 it didn’t look back and charged forward towards our targets. A nice upside of over 4.5% was seen intraday hitting our initial target of $3.21. From the technical perspective, our next potential target is $3.33. Also if you have read our previous post on IFast there was some potential entry point back when it was trading at $2.90 for a longer term view.

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

Happy New Year 2021! We Started Off With A Blast!

4th January, 2021, 6:22 PM

Happy New Year 2021! We Started Off With A Blast!

Image source: freepik.com

Blessed New Year from us and what a blast it was! The first day of 2021 started well for us and we hope the same for you all too.

Image source: SGX.com

Image source: stocksbnb.com

UMS 4th Jan 2021

Image source: sginvestors.io

We’re thankful that stocks like UMS, SGX, Frencken and Ifast all moved up nicely hitting our targets. Eletronic stocks saw some interest with UMS moving up the most as compared to the usual suspect like frencken and AEM.

Will provide more updates on some of the stocks in our next few post with some technical points to look out for so keep a look out for it.

Yours

Humbly

Kelwin&Roy

Peace Out, 2020!

28th December, 2020, 7:05 AM

Peace Out, 2020!

Image Source: Mothership.sg (beautiful double rainbow spotted in S’pore on Christmas day)

We’re going to keep this post short and sweet as we all know how 2020 has been for world. No words can probably describe how this year has turned out and we’re glad to have made it through.

The pandemic as opened our eyes to the things we have taken granted for, like just a simple handshake or even a meal with the family. Covid-19 has definitely changed the way we live and interact. As 2020 draws to a close, lets take some time to pause , reflect and be thankful for just making it through.

For some of us, we are able to find the silver linings and positives out of this entire experience. For some, its a year to forget. 2021 will bring new opportunities so lets look up, don’t grow weary and lose heart.

We are thankful for family and friends rallying around us this year. We are also equally thankful and grateful for all your support through the years having seen our ups and downs! We’re looking for greater communication, more value added services in order to enhance our client’s investment/trading journey for next year, so stay tune for that.

Let’s be hopeful,  continue to lookout for one another, adapt, persevere and encourage the weary. We look forward to partnering with you all in 2021.

Yours

Humbly

Kelwin&Roy

Salesforce (CRM) – [ Broke Out , Looking To Move Higher?]

23rd December, 2020, 9:17 PM

Salesforce (CRM) – [ Broke Out , Looking To Move Higher?] Saleforces 23th Dec 2020

Chart source: Tradingview.com

Salesforce ticker symbol CRM has just broke out from its horizontal resistance of around $230. Staying above it we might see it covering the gap to $238 and might push further up to $246 in the coming week. Salesforce looks bullish to us. Volume is also increasing.

The support is around $218 and if that doesn’t hold the next level would probably be around $210.

Don’t forget the trading time for the next few days.

Singapore market will be on half trading day tomorrow (24th Dec) .
Trading hours for 24th Dec : 9am-12pm
Singapore market will be closed on 25th Dec

Hk market will also be on half trading day
HK Trading hours for 24th : 9.30am -12pm
HK market will be closed on 25th Dec

US market will also be on half trading day
US trading hours for 24th : 10.30pm-2am
Us markets will be closed on 25th Dec

Yours

Humbly

Kelwin&Roy

Xpeng – [ Watching For The Break ]

8th December, 2020, 10:24 PM

Xpeng – [ Watching For The Break ]

Chart Source:Tradingview.com

Xpeng or Xiaopeng motors is a Chinese electric vehicle manufacturer. It peers like Nio, Li Auto are also listed in the US.

We shall take a look at Xpeng for tonight. From the chart, it is currently being resisted by the downtrend line and we’re watching for this break and for it to stay above it. A good break above $51.36 might see it move to $57 and maybe even to $64. Xpeng has corrected about 30% since the high which is a good and healthy correction. Scaling in in batches might be something we would consider doing. The support is at around $50 then $46.

Watch For The Break!

Yours

Humbly

Kelwin&Roy

Tesla – [ 🚀🚀 Shot Over $600 In Just Over A Week, More Upside? ]

8th December, 2020, 5:08 PM

Tesla – [ 🚀🚀 Shot Over $600 In Just Over A Week, More Upside? ]Tesla 8th Dec 2020

Chart source: Tradingview.com

A quote from Goldman Sachs “ GS upgrade Tesla, says the stock has massive upside of over 30% ” This was reported last wednesday when it was trading around $560 and just last night Tesla came close to $650! 😀

We have seen close to a 40% rise in price since we posted but is this it for Tesla?? We think not yet. The upside for Tesla is still possible.

  1. Funds still have to buy in before Tesla is added to the S&P500 before or on 21st Dec. See our previous post for more details.
  2. Shortist will be pressured to cover if price continues to move up which will give the upwards move a push up.

Tesla has surpass our $600 target which is not surprising given how bullish the momentum is. From the charts, $650 seems like a resistance but if the bulls continue to charge on, we might see a push even to $700. Remember, we mentioned in our post that  tesla is a tough stock to trade and we prefer to be invested in it rather than taking the spikes in volatility.

Yours

Humbly

Kelwin&Roy

 

 

IFast – [ Brutal 35% Sell Down, It Is Over Done?? ]

8th December, 2020, 2:49 PM

IFast – [ Brutal 35% Sell Down, It Is Over Done?? ]Ifast 8th Dec 2020

Chart Source : Poemsview 8th Dec 2020

Ifast didn’t manage to win the digital wholesale banking license announced last friday(4th Dec) evening and saw its stock HAMMERED down over 35% yesterday. What was interesting was that on Friday, Ifast saw a move up in price probably anticipating some sort of announcement and maybe even hopes of winning it. But who knows……It failed to win and eventually saw a MASSIVE GAP DOWN and would probably have trapped many retailers who chased on Friday.

So what’s our game plan now? Should we panic and sell out? These are some of our thoughts.

  1. Ifast said in their announcement that MAS is still reviewing whether to grant more of the DWB licences in the future and IFast is still committed in its pursuit of a digital banking licence. ” The Group will continue to work on improving its range of solutions and services to further add value to global investors, wealth advisers
    and corporates using its Business-to-Consumer (“B2C”), Business-to-Business and Fintech Solutions. ” This sounds positive to us and if MAS were to issue out new licences, Ifast could be a good potential winner next round.
  2. IFast together with PCCW is also a candidate to digitize the HK pension system. A win for this could boost Ifast bottom line. Of course if they fail to win this, it’ll be another set back. Dates for the results for this is still unknown. We’re neutral on this.
  3. A 35% sell down might not really be justifiable. A massive sell down of 35% might be overreacting to not winning the licence.
  4. Approval for securities dealing in Malaysia could boost its revenue growth. It is also continuing to grow its AUA from its hard work from the past few years. Positive for us

Lets take a look at the chart. We can see that there is a support at around $2.67 follow by $2.48. The resistance is around $2.95 then the 5ema of around $3.24. If you’re looking at a longer time frame, a scale in at various levels of around the range of $2.70- 2.90 might be a good opportunity. Our target in the longer run is for the price to cover the gap with $3.35 , 3.63 then $3.9 as our upside target. Don’t go all in at once but scale in your investment in 3-4 batches.

We’re hopefully of IFast longer term  price and this might be a good opportunity to take advantage of the drop in price.

Share with us your views too! Just contact us here!

Yours

Humbly

Kelwin&Roy