singapore blue chips

Beware! Pullback Might Be Coming for This Counter!

Kelwin & Roy Sembcorp Industries , ,
10th April, 2023, 5:27 PM

This particular counter has seen a tremendous rise and is probably one of the best performing stock for 2022 and moving into 2023.

This counter is none other than Sembcorp Industries! This stock has given us many positive returns through the years and its one of our favourite counter to trade too.

As early as 2021 we started noticing this counter already and has since see positive returns. For 2022 we have given 6 alerts on Sembcorp Industries and have seen many positive returns after.

And for 2023 we have given 2 alerts so far which have seen over 10% upside each time we alerted our clients. You can start to see why Sembcorp Industries is one of our favourite stock now.

But as the saying goes, all good things have to come to an end? But don’t worry, this doesn’t mean the end for Sembcorp Industries. As the recent move as been quite powerful, a pullback is inevitable. We can see that Sembcorp Industries has been trying to break the $4.42 barrier but is unable to do so. Also, this is the first time that Sembcorp Industries has closed below the 5 and 10ema. In addition, indicators  A pullback might be on the cards which could take it to $4.19 first and even $4 for a sharper pullback.

Sembcorp Industries 10th April 2023

Source: DZH international Advisor 10th April 2023

Waiting for a better entry for Sembcorp Industries first before making any moves.

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Kelwin & Roy

SATS – Should You Chase It Now? What’s The Upside Left?

Kelwin & Roy SATS , ,
27th March, 2023, 9:03 PM

SATS has recently been grabbing the headlines due to their rights and it has also attracted the interest of traders. As the trading of rights were coming to  a close two weeks back, we saw an opportunity for a rebound as the rights overhang starts to fade and the recovery of the stock price starts to come into play. So when SATS was trading around the $2.40 range, with a good support there, we alerted our clients about this potential trade set up.

Fast forward two weeks later and we can see SATS has risen by 10%!  If you missed this trade then the next question is could should I chase this trade or wait? Let’s take a look at the chart and do a quick analysis.

SATS 27th March 2023

From the chart, SATS broke out from its downtrend line with higher volume which is a healthy sign. But it was unable to break above its $2.64 resistance and hence might need some time to overcome this. Once this level is taken out then we might see SATS moving up towards the $2.72 then $2.80 upside resistance. Now that the rights issue is out of the way, a general recovery could come into play.

Yes, you might be a little later in the trade but if you want to get in earlier, then ensure that you’re our client to receive such alerts as soon as possible to make that difference!

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Kelwin & Roy

 

 

 

Did You Notice This About These Two Banks?

Kelwin & Roy dbs , , , , ,
24th November, 2022, 11:50 PM

We have seen a good run up for the three local banks on better than expected results and on the back of rising interests rate. But can this run continue on forever? As we know, nope! There will be a time for a break and pullback and there is something we noticed.

DBS 24th Nov 2022

DBS, as we can see has been guided by the 5ema and 10ema. This moving average has been guiding DBS for the last month and has never closed below that BUT today at close, we can see that it has closed below the 5 and 10ema. Is this a sign of more pullback? We think its possible! Its good for the banks to pullback so that those who missed the rally can possibly re-enter. The initial support would be at the 20ema of around $34.75. The Next downside support would then be around $33.84 near the uptrend and horizontal support.  We can see the volume has increased for today too. This might also help support the downside. If you’re looking for a short candidate, this might be one counter. If DBS closes above $36 then this short trade would be invalid.

OCBC 24th Nov 2022

OCBC, also similar to DBS, it has closed below its 5 and 10ema which might signal more downside. An increased in volume might support the downside for OCBC too. It has closed below the short term uptrend line too and the first downside support is around the 20ema which is $12.26. If more weakness comes in then we might see $11.87 on the cards. A close above $12.60 would make the downside invalid. Remember, if you are looking to short always have a TRADE PLAN with a stop loss, entry and target price. Don’t naked short and one can consider using Poems CFD for short or even DLCs!

As for UOB, it hasn’t broke and close below its 5ema so until we see that, then some pullbacks will be on the cards.

If you got any questions, feel free to CONTACT US!

Yours

Humbly

Kelwin & Roy

 

Sembcorp Industries – [ Equity Fund Raising Dismissed ]

Kelwin & Roy Sembcorp Industries , , , , ,
23rd November, 2022, 4:26 PM

Sembcorp Industries 23rd Nov 2022

Sembcorp Industries has been of buzz recently as we saw it started to move from the $2.80 level from October onwards. SCI announced the acquisition of 830MW of renewable assets in China through a joint venture with SPIC. With every acquisition, it will come with some fear of fund raising as the company will need funds to proceed with the take over. The good thing is that management ruled out equity fund raising to finance these acquisitions which gave some boost to the share price.

With acquiring of Xingling New energy, this will help with SCI’s earnings in the future but all these will take time for the share price to reflect these earnings.

For a more shorter term outlook, we have actually alerted our clients twice over the last month when Sembcorp Industries was just trading at $2.88.

Sembcorp Industries has been very good to us as each time we sent an alert for it, we have hit the upside targets resulting in another profitable trade.

Our recent trade alert just sent out yesterday saw our upside target being hit in just one day! Sembcorp Industries displays a very nice trend and if you are able to catch it, you will be rewarded greatly!

So if you would like to receive such alerts, do CONTACT US  and you’ll get back to you as soon! You don’t want to miss out another alert.

Yours

Humbly

Kelwin & Roy

SATS – [ Bright Spot In a Dull Market]

Kelwin & Roy SATS , ,
16th August, 2022, 7:18 PM

SATS 16th Aug 2022

SATS showed a very strong push up today despite the STI’s negative performance. Its volume is actually the highest for the last 2 months which is a good sign. With an increased in the volume, traders are taking interest in this counter. Next possible upside $4.24 then $4.37.

Want to be informed even earlier before this breakout?

We alerted our clients less than a week ago and now we’re seeing SATS move higher!

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Kelwin & Roy

It’s All About Recovery Play Today

Kelwin & Roy Comfort Delgro , , , , , , , ,
24th March, 2022, 7:51 PM

It’s All About Recovery Play Today

It was a good day out in our Singapore market as Prime Minister Lee highlighted a few new measures with regards to adapting and living with Covid-19. Group sizes doubled to 10 and less testing for boarders as Singapore continues to open up. Also, more are encouraged to start returning back to office.

With these new relaxed measures, we saw recovery stocks came into full force. Stocks like ComfortDelgro, SATS, SIA Engineering all came roaring back to life! SATS made it to the top gainer under the STI component.

So what’s next? What are some of the targets we have for some of these stocks? Let’s start with ComfortDelgro first.

 

As govt encourages up to 75% of the employee to return back to office, this would have an increase demand in transport services. Trains, taxi, private hirers would see an increase in demand in the coming weeks. For Comfortdelgro, we might see if move towards $1.55 as it looks to break that $1.50 resistance. The mid term target is $1.58 which is around that gap resistance too. An Alert was sent to our clients on 16th March when Comfort was trading at $1.40.

SATS

SATS saw a nice upswing of 5% just today enabling us to hit our first upside target of $4.10. We’re just 1 cent shy of our second target which we believe it’ll hit very soon! As air and sea travel continue to open up , SATS would be a beneficiary of these opening up. $4.29 and $4.41 are the eventual targets we’re looking at.

SIA Engineering

SIA Engineering is another stock we spotted and alerted our active traders just THIS MORNING! It manage to hit our first target of $2.32 and with an increased in volume today we might see the momentum carry on for alittle while more. Next upside target we’re looking at is $2.39 then $2.46.

While there are other recovery stocks like SIA, SBS and hospitality stocks like Ascott Trust, FraserHospitality. But of course we’ll have to be selective about the stocks we choose as there is not much point in sending everything and clients not being able to take action on any. So with our stringent criteria, the above are the few which we have selected for our clients.

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Wilmar – [$5 In Sight? ]

Kelwin & Roy Wilmar , , , , , ,
23rd March, 2022, 2:19 PM

Wilmar – [$5 In Sight? ]

Wilmar broke out of its $4.77 horizontal resistance line and moved up further. We’re seeing a re-test of this resistance turn support and if it manages to hold steady, we might see Wilmar testing the round number resistance of $5. There was a huge volume increase yesterday and with today’s pullback on lighter volume is considered healthy to us.

Wilmar has been a counter we’ve been eyeing since 2 months ago in Feb was it was just trading at $4.43. It has since then moved up over 10% and might be looking to challenge the $5 resistance which more profit taking might come in. Looking out for that!

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Yzj ShipBldg – [ What’s Next After A Long Consolidation ]

Kelwin & Roy Yzj Shipbldg , , , , , ,
2nd March, 2022, 5:51 PM

Yzj ShipBldg – [ What’s Next After A Long Consolidation ]

Chart Source: AdvisorXs 2nd March 2022

Yzj ShipBldg reported a good set of results and is backed by record order wins for 124 vessels, the group remains well-positioned to generate strong cash flows from operations.

It has actually consolidated for about 4 months and has finally broke out. Well, the good thing is we didn’t need to wait for that long as we were waiting for signs of activities before alerting our EXCLUSIVE CLIENTS. It came just 2 weeks back when we saw volume starting to pipe in and that’s when our EXCLUSIVE CLIENTS were alerted!

With such a long consolidation, we are looking for more upside even as both our upside target has been hit. A nice 5.5% upside has been achieved and we might see yzj Shipbldg still moving up in the coming days. $1.54 then $1.60 is our eventual target. Even despite the war that is happening, we’re glad that yzj still manage to hit our targets.

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Wilmar – [ Why It Could Move Higher ]

Kelwin & Roy Wilmar , , , , , , ,
16th February, 2022, 7:50 PM

Wilmar – [ Why It Could Move Higher ]

Chart source: AdvisorXs 16th Feb 2022

Wilmar has seen a move of  7% in just over a week since our alert to our clients. It was Wilmar’s turn to shine as inflation brings a rise in commodity prices and in turn commodity related counters. It is currently at some resistance of around $4.76 and a pullback is healthy. The lower end of this pullback might be around $4.55 before we see another push up.  The next upside resistance we might see is around $4.97.

In order to hold your trade longer at a fraction of the cost, a trader can utilize CFD to give his  or her trading a BOOST!

A reason why Wilmar might continue to see its price trend higher is that it had a long consolidation ever since October hovering around the $4 to $4.40 price range. It has now broken above this resistance and might be challenging the $5 mark in the coming weeks. Also, with inflation , commodity counters tend to perform well too.

As the year starts, fund managers are also looking to load up on quality blue chip to ride this inflation environment.

If you’re keen to know how to free up your capital and to trade on a lower capital,  then do join us in our upcoming WEBINAR where we’ll show you how to hold on to your winning trades in order to ride the trend!

Date: 17th feb

Time 8-9pm

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Yours

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Kelwin & Roy

SGX – [ Meeting Expectations, How To Swing This Trade]

Kelwin & Roy SGX , , ,
9th February, 2022, 7:44 PM

SGX – [ Meeting Expectations, How To Swing This Trade]

Chart Source: Advisor XS 9th Feb 2022

The Singapore Exchange or SGX for short reported its results on Monday and most analyst were satisfied with the results. The biggest rerating came from Citi analyst upgrading it from a sell to a buy rating with a price target of $10.50. Some highlight of its results :

For the 1HFY2022 ended Dec 2021, SGX reported earnings of $219 million, down 8% y-o-y; adjusted earnings, which SGX claims is a more accurate reflection of its underlying earnings, was down 2% y-o-y.

Revenues of $522 million were flat y-o-y with higher operating expenses of $262 million, up 6% y-o-y, and operating profit of $260 million, down 7% y-o-y.

With more interest in local SPAC (Special Purpose Acquisition Company) listings , this could also support market velocity and fees moving forward for SGX.

Technical Outlook 

As we spotted SGX just a month back when it started to break above its downtrend line, it started to show resilience despite a negative sentiment around that time. For contra players, they might have taken some profits as SGX has risen in a few days. But in order to maximize the trade, a trade might consider using CFD in order to swing in with minimal cost. As our alert was at $9.50, we have seen SGX swinging to a high of $10.03 up over 5%.

There is some resistance between the range of $10.03 -10.10 and overcoming it might see SGX move up to , momentum and volume is building up for SGX and we might see it move to $10.50 before taking a break.

In order to ride the this trend, a trade has to either trade in or out or purchase the share. To know how to swing such a trade at a fraction of a cost and free up your capital then do join us in our upcoming WEBINAR where we’ll show you how to hold on to your winning trades in order to ride the trend!

Date: 17th feb

Time 8-9pm

Register HERE! 

To be a client to receive such awesome trade alerts CLICK HERE! 

Yours

Humbly

Kelwin & Roy