Moving Average

Sunpower – [ Lost Its Shine? Any More Power Left?]

Kelwin & Roy Sunpower , , , , , , , , ,
8th March, 2019, 11:43 AM

Sunpower – [ Lost Its Shine? Any More Power Left?]Sunpower 8th March 2019

Chart Source: Poemsview 8th March 2019

Sunpower had a good run over the last one month and finally hit the brakes to come down.

Using the moving averages we can see that sunpower broke its 5ema and started coming down.

Our EXCLUSIVE CLIENTS were alerted of this analysis given that the uptrend line was supporting it too. A break below the support of $0.585 saw Sunpower moving down relatively fast to its 20ema.

We’re glad that using such a simple indicator helps strengthen our analysis and gives us an additional tool to increase our probablility.

Currently Sunpower is supported by the 20ema but a break of might see it move lower. Our next support is at $0.53

Want to know how to use the moving average indicator to strengthen your analysis? Then come join us for our workshop on Moving Averages.

Details are below:

Date: 11 March 2019

Time: 7:30pm

Please register in the link below as we have very limited space.

https://www.eventbrite.sg/e/is-moving-average-still-relevant-in-todays-market-and-how-we-can-use-it-to-our-advantage-together-tickets-57572605212

In addition, We’ll also share how to receive such trade analysis straight to your handphone.

Yours

Humbly

Kelwin&Roy

Chip Eng Seng – [ Rising On Good Results, Signs Were There Once Again!]

Kelwin & Roy Chip Eng Seng , , , , , , , , ,
26th February, 2019, 10:09 PM

Chip Eng Seng – [ Rising On Good Results, Signs Were There Once Again!]Chip Eng Seng 26th Feb 2019

Chart Source: Poemsview 26th Feb 2019

Chip Eng Seng is a construction and property in Singapore saw a strong earnings for Q4 of 2018. With the strong earnings came a strong rise in price over the last two days.

Once again using a simple indicator like the 50 exponential moving average we managed to catch Chip Eng Seng before it ran. Chip Eng Seng finally broke above its 50ema on end jan and continued  to tugged along that support line before the big  move came.

As with Capitland from our previous post, using  a simple indicator can help strengthen one’s analysis.

Also, knowing the characteristics of a stock is also important. As in this case, Chip Eng Seng usually has a tendency to take a while before  a move comes hence we alerted our EXCLUSIVE CLIENTS on it being a swing trade. True enough Chip Eng Seng started to move slow and steadily up.

A nice 7% upside has been seen since our entry at $0.705. $0.75 which is our second target is currently the resistance point too. Clearing that and staying above that might see it challenge $0.775.

Want to know how to use a simple indicator like the moving average to strengthen your analysis?

Stay tune as we firm up the details for our next workshop.

Want to receive such analysis to straight to your handphone?

CLICK HERE to see how you can be part of this EXCLUSIVE COMMUNITY to enjoy such value added services.

Yours

Humbly

Kelwin&Roy