singapore trading blog

Straits Times Index – [ More Updates And Game Plan After Trump Announced Tariffs on $200B More Chinese Goods]

Kelwin & Roy Stock Market, Straits times index , , , , , , , , ,
12th July, 2018, 8:25 AM

Straits Times Index – [ More Updates And Game Plan After Trump Announced Tariffs on $200B More Chinese Goods]

Chart Source : Poemsview 12th July 2018

Straits Times Index opened much lower on Wednesday after Trump announced another round of tariffs in the morning.

At one point of time our Straits Times Index was down over 50 points scaring most traders and investors. This was perfectly normal as the announcement was made early in the morning and traders started to dump their shares.

There were a few interesting things that stood out for us.

  1. STI fell and hit our downtrend line support which we drew on Monday
  2. STI fell and hit our horizontal support which we also drew on Monday
  3. STI closing is very close to the 10EMA

Our game plan now.

  1. Watching the 10 EMA closely to see if STI is able to close above it again.
  2. Watching the support around 3220 region to see if that can hold

Don’t be too anxious to make a move. Watch for more stability before making a move.

Want to know more how you can long or short the Straits Times Index with ease?

We’ll be holding a workshop on CFD : (All and Why you need to know about it.) on 18th July.

Do Register for it as we’ll also go through how to use CFD for SHORTING. A Very crucial tool a trader needs to have in this day and age of trading.

https://www.eventbrite.sg/e/cfd-all-and-why-you-need-to-know-about-it-tickets-47616183286

Yours

Humbly

Kelwin&Roy

 

Straits Times Index – [ Updates And Game Plan After Property Cooling Measures ]

Kelwin & Roy Straits times index , , , , , , ,
9th July, 2018, 9:07 PM

Straits Times Index – [ Updates And Game Plan After Property Cooling Measures ]

Chart Source: Poemsview 9th July 2018

It has been a rather tough month for our Singapore stock market as we were hit by the trade wars and took another blow on friday as the government released a new set of property cooling measures.

Needless to say, our market slammed down on Friday becoming the worst performing index in the region. Every bounce during the past few weeks seems to be met with resistance which our index cannot break through and eventually breaking support to continue its downwards slide.

Is the selling over? We covered our shorts back in June and were waiting patiently waiting for a rebound which hardly came and took on some new shorts like China Sunsine which gave us good results.

Our game plan is easy.

  1. We’ll only look for  long opportunities if STI manages to at least stay above the 10ma. Ever since STI came down it has never broken above the 10ma
  2. The short term downtrend line and the 10ma are very close. We’ll also continue to watch them.
  3. If STI fails to hold 3190 level then the next level it might take us to might be 3115 region.

Remember to have a game plan which include a stop loss! In times like these it’s also important to preserve your capital and wait for a clearer picture before making a move.

Don’t be too anxious about catching the rebound at the exact lowest point, its fine to catch it at a little higher with a bit more confirmation.

Need an extra pair of eyes or a someone to guide you during market hours especially during such times?

We’re just a call/whatsapp/email away.

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Humbly

Kelwin&Roy

“We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.” Warren Buffet 

China Sunsine – [ Shining Brightly For Shortist, Down Another 4% ]

Kelwin & Roy China Sunsine , , , , , , , , ,
6th July, 2018, 8:59 AM

China Sunsine – [ Shining Brightly For Shortist, Down Another 4% ]China sunsine 6th July 2018

Chart Source : Poemsview 6th July 2018

China Sunsine shining brightly for shortist as it continue its slide down to our target of $1.36 and a little bonus as it dipped one more cent to $1.35.

We are now currently looking at more possible downside of to $1.25 if the support at $1.35 doesn’t  hold. Protective stops should be in place in order to protect profits.

A good 10% downside has been achieved since our blog post on China Sunsine so its good to have protective stops.

The currently market is indeed tough and volatile. Always remember to have a trade plan and learning how to SHORT is vital in today’s market.

The ability to go long and short is crucial to surviving in this market.

Stay tune to this blog as we reveal more details for our 18th July CFD workshop.

Be A CLIENT OF OUR TOP TIER REMISIER KELWIN&ROY and don’t miss out on anymore trade analysis.

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Kelwin&Roy

“I always define my risk, and I don’t have to worry about it.” – Tony Saliba

China Sunsine – [Down Over 5% In Two Days As Warned, Next Target? ]

Kelwin & Roy China Sunsine , , , , , , , , , ,
4th July, 2018, 8:56 PM

China Sunsine – [Down Over 5% In Two Days As Warned, Next Target? ]China Sunsine 4th July 2018

Chart Source: Poemsview 4th July 2018

China Sunsine a stock that we mentioned just two days back on Monday saw it moving down ever since.

It couldn’t manage to regain its uptrend line and also broke the horizontal support of $1.49. From then on its just  sticking to the game plan of going short as previously mentioned.

China Sunsine dropped over 5% in just two days which we are delighted.

It has gone beyond the first support of $1.43 but we’ll want to see that it doesn’t stay above this for the next few days. If it doesn’t then $1.36 might be on the cards.

Want to learn how to Short using CFD?

Don’t want to miss such trade because you don’t know how to short?

Then come 18th JULY we’ll be conducting a seminar on how and why you need CFD to short.

Stay Tune as we will update with more  details.

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China Sunsine – [Broken Down From Our Uptrend Line]

Kelwin & Roy China Sunsine , , , , , , , ,
2nd July, 2018, 7:45 PM

China Sunsine – [Broken Down From Our Uptrend Line]China Sunsine 2nd July 2018

Chart Source: Poemsview 2nd July 2018

China Sunsine had been trying hard to break the resistance at $1.56 or the 20 days moving average. It failed to do so for the last few attempts and even broke down from its uptrend line which it has been rebounding off so far.

For now, China sunsine support might be at $1.49 breaking which might see it fall further to even $1.36 with minor support along the way.

China Sunsine is slightly on the lower side of its liquidity so that is something we would be taking note of it. What it means is that the price movement can be rather erratic and fast. In addition a large quantity might have some difficulty in being filled.

So we will always be mindful of such counters.

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Straits Times Index – [ Is the Rebound Coming? ]

Kelwin & Roy Straits times index , , , , , , ,
29th June, 2018, 8:36 AM

Straits Times Index – [ Is the Rebound Coming? ]Straits Times Index 29th June 2018

Chart Source : Poemsview 29th June 2018

Straits Times Index has dropped about 10% from a high of  3641 to a low of 3237 a healthy correction in a bull market.

Our previous support didn’t hold at 3295 which then came down to a low of 3237. If this support doesn’t hold then 3199 could be on the cards.

We are now watching to see if this support holds before making any move. The immediate resistance might be 3267 breaking above that might see it test the near term resistance at 3295 . If market continues to rebound then we might see 3340 area.

We’re watching closely for a rebound and Banks like ocbc, dbs might be a sector that might lead the rebound.

Yours

Humbly

Kelwin&Roy

 

 

Sembcorp Marine – [ Reaching Our First Target Of $2.07, Next Target? ]

Kelwin & Roy sembcorp marine , , , , , , , , , ,
27th June, 2018, 9:30 PM

Sembcorp Marine – [ Reaching Our First Target Of $2.07, Next Target? ]Sembcorp Marine 27th June 2018

Chart Source: Poemsview 27th June 2018

Sembcorp Marine was one of the counter we highlighted just TWO DAYS BACK as oil started to turn up due to OPEC less than expected output increase.

We mentioned a break above $2 might see it move higher and indeed we’re glad it moved up to our first target of $2.07. Needless to say our EXCLUSIVE CLIENTS were informed of the break and managed to ride the wave to $2.07.

So where is our next target? As Sembcorp Marine hit our resistance and pulled back also due to market sentiments if it manages to stay above $2 we are still optimistic.

If Sembcorp Marine closes below $2 then we might see further downside from there.

Keeping watching.

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Keppel Corp – [ Oil Jumps, Will Keppel Corp Be Next?]

Kelwin & Roy Keppel Corp , , , , , , , , ,
24th June, 2018, 10:14 PM

Keppel Corp – [ Oil Jumps, Will Keppel Corp Be Next?] Keppel Corp 24th June 2018

Chart Source: Poemsview 24th June 2018

Oil Jumped the most since nov 2016. Opec agreed to a modest increase in oil production but was unclear on how much they might increase by.

“OPEC’s decision confused some in the market as the producers gave opaque targets for the increase, making it difficult to understand precisely how much more it will pump. The expectation that the increase will fall short of the 1 million bpd figure boosted the market. ” (Quoted from CNBC). Due to that, oil jumped and set a bullish tone for the oil market. Read HERE for more.

Keppel Corp seems to be a range for the last week with $7 area being a critical support. The resistance for Keppel Corp might be at $7.17

A break above that might see it move up to $7.26 first and then $7.32. $7.42 might even be possible if oil remains bullish.

Sembcorp Marine is another oil counter that  we’re looking at. A break above $2 and staying above that might indicator more upside.

Yours

Humbly

Kelwin&Roy

 

Straits Times Index – [ Rebound In Sight? ]

Kelwin & Roy Straits times index , , , , , , , ,
21st June, 2018, 8:43 AM

Straits Times Index – [ Rebound In Sight? ]Straits Times Index 21st June 2018

Chart Source : Poemsview 21st June 2018

Straits Times Index have fallen to our 3313 region which we previously mentioned and seems to be forming a base around that area.

If the support continues to hold we might see a rebound coming soon as trade war news might have overplayed for now and market might have absorbed some of the bad news.

We’re looking at 3340 as a resistance and a break above that might see us up towards 3378 area first. We’re looking at certain stocks to rebound too as we round up some of our shorts for now.

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Japfa – [ Achieved Upside Of 10% Since In Less Than Three Weeks, Our Next Target? ]

Kelwin & Roy Japfa , , , , , , ,
20th June, 2018, 12:24 PM

Japfa – [ Achieved Upside Of 10% Since In Less Than Three Weeks, Our Next Target? ] Japfa 20th June 2018

Chart Source : poemsview 20th June 2018

Japfa as we mentioned before on our blog post previously has reached our target of $0.625 which translates to an upside gain of 10%.

In less than three weeks we saw Japfa moving from $0.565 to a high of $0.63 today. A very nice swing long if you ask us despite such market condition.

Our EXCLUSIVE CLIENTS were alerted on this trade analysis and were kept informed of Japfa’s latest movement.

As Japfa has climbed quite a fair bit, a pause would be fair before it might move up to $0.66. The volume coming in today is healthy and more than the previous day which might suggest further upside is possible.

Lets continue watching.

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