singapore technical analysis

Noble Group – Reaching our next target

Kelwin & Roy Noble Group , , , , , , , ,
13th February, 2017, 11:02 PM

Noble Group – Reaching our next target

noble

Noble Group moved up once again from our posting last night to a day high of 0.199 and is closing in to our target of 0.205.

There was news out that China Sinochem  is in early talk with Noble Group to buy a stake in it. Could this be the catalyst to push noble higher? We shall wait and see. From the chart 0.205 would be the fourth time it is being tested and there might be a good chance it could break out. We’ll be looking at the overall volume to see how  strong this breakout could be. If it’s successful, we might eventually see 0.245.

Lastly, do remember to protect your profit and shift your trailing stop higher to 0.193-0.194. Will continue to update along the way.

Yours

Humbly

Kelwin&Roy

Noble Group – Reached our target and beyond, anymore?

Kelwin & Roy Noble Group , , , , , , ,
12th February, 2017, 10:32 PM

Noble Group – Reached our target and beyond, anymore? noble

Just under a week and noble group has hit our target of 0.186 from 0.175. A very decent since we mentioned it last week.  It  even moved up to a high of 0.193. We hope by sharing our thoughts and analysis on our trading blog everyone can learn something from it.

So where to now? We might see nobel group trying to reach the previous swing high of 0.205 as market seems to be in a frenzy. There was also a bigger volume that came in on friday so hopefully that helps to push it up. Don’t forget to shift your trailing stop up now.

We’re looking for noble group to stay above the horizontal resistance of 0.191 and with that 0.205 might be in sight in the coming weeks. We also would like to continue to remind our readers to remain cautious and remember your trade plan and stop loss and not go crazy with all the market frenzy. Trading plan and discipline still applies. =)

Have a blessed week ahead.

Yours

Humbly

Kelwin&Roy

 

Hong Leong Asia- Up 8% since last blog post

Kelwin & Roy Hong Leong Asia , , , , , , ,
9th February, 2017, 11:57 PM

Hong Leong Asia- Up 8% since last blog post

Hong Leong Asia 9 feb 2017

Hong Leong Asia , which triggered our entry setup at 0.995 last week on 3 Feb  , the next day after we blogged on 2 Feb , has had a pretty good run for the past one week rising beyond our targeted resistance of 1.04 and closed at 1.075 today, which is up about 8% since the entry setup was triggered.

In fact, it ran to a high of 1.115 on 7 Feb representing a increase of about 12%,  within 3 days after the entry setup was triggered.

Currently , it’s now above the 1.04 previous resistance now turn support area and below its short term resistance area of 1.09 , if it rises above the 1.09 resistance level and stay above it , the next possible upside resistance may be 1.165 region . However it break below 1.04 support area , the next possible support area will be 0.99 which was the previous breakout point .

Yours

Humbly

Kelwin & Roy

Artivision Tech – Turned up 25% in just a day

Kelwin & Roy Artivision Tech , , , , , , ,
8th February, 2017, 7:35 PM

artivioisn

 

Artivision Tech had a wonderful run this afternoon. The resistance was at 0.024-0.025 while we were blogging about it in the morning. Why did we use that instead of the 200 days simple moving average? Drop us an email and we’ll be glad to explain.

Artivision Tech rushed up 25% in just a day from where we spotted it this morning up to a day high of 0.032  but of course we would like to caution our readers not to hope for such returns everyday..Slow and steady wins the race. =) Market has many micro pennies running so don’t jump in without a proper plan if not one might end up getting hurt instead.

So what now for artivision? Huge volume is in this stock now and if Artivision Tech manages to stay above 0.03 we might see 0.036 ( the horizontal resistance ) in the coming days . The catalyst could be the upcoming EGM on friday

So if you didn’t manage to enter and are asking how now? Where would be a good point to enter? Drop us a mail. We’ll explain it to you.

Yours

Humbly

Kelwin& Roy

Artivision Tech – A Turn Around?

Kelwin & Roy Artivision Tech , , , , , , , ,
8th February, 2017, 10:25 AM

artivision

Artivision tech a micro penny stock listed on the catalyst has been gaining a lot of interest recently. The volume has been increasing the last few days and they would be holding an EGM this coming friday which could see some interest coming in too.

Mr Ching Chiat Kwong the boss of oxley increased his stake in the company through a placement of shares. With that many are wondering if he could turn the company around and inject new life into the business.

Will Artivision come to life and start a turn around? We’re looking at it and used the 200 exponential moving average and you can see that it’s acting as the resistance currently.

If Artivision manages to break above 0.025 we might see a further upside to about 0.0.29-0.03. This is a micro penny so do take note of it’s risk too ya. A stop loss for us would be around 0.017  If we believe in the turnaround then we might consider holding this stock and not trade it yet.

Yours

Humbly

Kelwin&Roy

Noble – Rising Volume

Kelwin & Roy Noble Group , , , , , , ,
5th February, 2017, 10:28 PM

noble

Noble group a well traded stock in the singapore market saw a bit of interest on friday

We’re keeping a close eye on noble group as there was an increased in volume on friday as it tried to rally to the uptrend line. As you can see from the chart, it’s trying to break above the uptrend line but closed just nice at it . It is also at the horizontal resistance of 0.175. Furthermore it is also testing the downtrend line so a break above and staying above 0.175 might see some upside to 0.183 and to 0.186 if possible.

Our entry might be 0.176 and stop loss at 0.168. Risk reward is good we feel. Noble might be reporting their results around 22nd-24th feb. So do take note of that.

Yours

Humbly

Kelwin&Roy

Hong Leong Asia – interesting setup

Kelwin & Roy Hong Leong Asia , , , , , ,
2nd February, 2017, 11:09 PM

Hong Leong Asia – interesting setup

Hong Leong Asia 2 feb 2017

Hong Leong Asia which is the trade & Industry arm of Singapore conglomerate Hong Leong Group,  has a good move in  January last month,  having moved from around 0.7 to 0.99 before pulling back and consolidate around the 0.87 support region.

It has bounced off the 0.87 support region the past 3 days with increasing volume so it will be interesting to watch if the upward momentum can continue and we will be keeping an eye on it . There are 2 possible ways we may look for entry on it :

  1. Wait for pullback to the 0.87-0.9 support region again before considering an entry ( buying at support) , stop loss for such case will be around 0.865
  2. Or it could break above 0.99 the recent high and we might consider an entry at 0.995. ( Buying at breakout)

If it manage to break above the 0.99 recent high , the next upside resistance may be around 1.04

Your

Humbly

Kelwin&Roy

Yanlord

Kelwin & Roy yanlord , , , , , , ,
1st February, 2017, 11:10 PM

yanlord

Recently many singapore property stocks have been running up and rumors have been that the recent cooling measures might be tweaked or eased. We won’t speculate on that but would look at the chart and decide on our next course of action.

Yanlord hasn’t moved much and is currently being resisted by the downtrend line. We’ll be watching to see if that downtrend can be broken and the horizontal resistance of 1.41 to be broken too. Keep a look out.

Yours

Humbly

Kelwin&Roy

China Aviation – On radar once again

Kelwin & Roy China Aviation , , , , , , ,
1st February, 2017, 10:46 PM

CAO

A Happy chinese new year to all our readers. We hope your new year was a good time spent with family and friends and of course getting some rest.

We hope the first few days of the chinese new year was also a profitable one for you. We’re now looking at china aviation which we have been posting over here.

It has risen to its resistance of 1.56 with an increased in volume today. We might be expecting a breakout soon and would be keeping an eye out for it. Two possible play on this.

  1. It could pull back to our uptrend line and over there we might consider an entry. (buying at support )
  2. Or it could breakout at 1.56 and we might consider an entry at 1.565. With a stop loss of 1.515.

We’re looking at 1.58 and if that breaks above 1.63 could be next

Do take note that China aviation will be reporting their results around 22-24th feb.

Yours

Humbly

Kelwin&Roy