singapore trading blog

Capitaland – Where To Now?

Kelwin & Roy Capitaland , , , , , , , , , ,
5th July, 2017, 12:55 AM

Capitaland – Where To Now? capitaland

Capitaland a property stock has been testing the short term downtrend that we drew a few times and can’t seem to break out from it yet.

If it fails to break we might see it head down towards 3.45 and if that horizontal support breaks then we might eventually see 3.39.

If it breaks above the downtrend line then Capitaland might face a few hurdle to cross . One of which is the  50 days moving average and the other uptrend line we drew.  So a stop loss above 3.58 can be placed.

Yours

Humbly

Kelwin&Roy

 

Hi-P – A Little Too High?

Kelwin & Roy Hi-P , , , , , , ,
30th June, 2017, 8:48 AM

Hi-P – A Little Too High?

Hi-P June 2017
Hi-P June 2017

Hi-P a tech related stock tried to rebound after hitting the 50 days moving average support. It rebound and couldn’t close above the previous support which turned to a resistance now. It closed at 0.905 just at the resistance.

We’ll be looking for a short as long as Hi-P stays below 0.905 with a cut loss of 0.965 and with a possible downside target of 0.845 then 0.795. We’ll ensure that there is enough liquidity first.

We’ll be using poems CFD and not doing naked short.

Yours

Humbly

Kelwin&Roy

Food Empire – Bingo Once Again

Kelwin & Roy Food Empire , , , , , , , ,
15th June, 2017, 1:00 AM

Food Empire – Bingo Once AgainFood Empire

Food Empire was a stock that we were analyzing on 31st May and mentioning that some down side were would good. It broke below our horizontal support of 0.725 and went to our target of 0.67. That’s close to a 7% drop. Using Poems Cfd to short would enable shortist to hold their position for more than a day. Taking some profit would be wise too.

Food Empire saw some rebound after hitting our support line and we might see some rebound maybe to 0.7 area. We will be watching now to see if 0.67 support holds and if that doesn’t then we might see more downside to 0.64. We’ll watch and see.

We’ll be holding a workshop very soon to share with all our readers very simple trend lines that we use which we post on our blog. Do stay tune.

Yours Humbly

Kelwin&Roy

Alliance Mineral – Which Side Are You On?

Kelwin & Roy Alliance Mineral , , , , , , , , ,
14th June, 2017, 1:09 AM

alliance minerals

Alliance Mineral a lithium related stock and a stock that we been covering since Jan is seeing some interest today. It has seen an increased in volume today which is something to watch for.

Alliance Mineral is currently resisted by the downtrend line and we’re looking to see if it can break above that. If it can stay above 0.365 we might see more upside. Our stop loss would be around 0.31.

Note that Alliance Mineral is placed under the trading restriction of poems do trade with caution. Always be alert and ensure that whenever one trades he/she buys at comfortable level and have the ability to pay up in case anything happens.

Do contact us if you want to know more about trading restriction and how to have a safe trade plan.

Yours

Humbly

Kelwin&Roy

 

Wheelock Properties – First Target Met

Kelwin & Roy Wheelock Properties , , , , , , , ,
11th June, 2017, 11:38 PM

wheelock

Wheelock Properties has reached our first resistance of 1.935 since we blogged on it last Tuesday . It broke its resistance of 1.895 and move up to 1.935. We would take some profit at 1.935 and hold some to see if it can break 1.935 to test 1.98.

Trading plan is important as we have talked about many times in our post. Using simple support resistance and support lines helps to guide our profit taking and stop loss.

Do contact us if you want to know more about having a trade plan and using trend lines to help sharpen your trading.

Yours

Humbly

Kelwin&Roy

Wing Tai – Flying High On Rumors?

Kelwin & Roy Wing Tai , , , , , , , , ,
9th June, 2017, 1:16 AM

Wing Tai – Flying High On Rumors?WingTai

Wing Tai was a property related stock which we brought to your attention just on Tuesday along side with Wheelock during our post. It had a nice run up of about 3.5% today which is very decent.

Whats the reason for that? Could it be the disposal of Winnanmax Investment to Xu Chang Co which was out on Tuesday?

Or could it be rumors of privatisation?? Either way lets look at the chart and play accordingly.

On Tuesday we mentioned to turn your attention to Wing Tai too as rumors could be going around for it to be privatize. The horizontal resistance of 1.945 was then broken on that day which was an entry point. It wasn’t the best closing on Tuesday but on Wednesday it did show some signs of recovery which eventually led to the nice movement today. Our next target might be 2.08.

If you were unsure of how to enter Wing Tai do CONTACT US and we’ll be happy to guide you along.

Yours

Humbly

Kelwin&Roy

 

Wilmar – Dropping Near To Our Target

Kelwin & Roy Wilmar , , , , , , , , , , ,
8th June, 2017, 12:22 AM

Wilmar – Dropping Near To Our Target

Wilmar June 2017

Wilmar a STI Index stock was a stock we posted back on 29th May on our blog. Slow and Steady the way we like it and down she goes very near to our target of 3.48 now. A nice drop in two weeks. We have shown how we managed a trade and with our target in sight this is when we might consider taking some profit off the table .

Wilmar has also broken the 200ma which is a technically a bad sign and more downside might come. But we will stay vigilant and cover all the shorts if we spot some rebound coming. This can only be judged during the trading day and if you want to know more just contact us here

Yours

Humbly

Kelwin&Roy

Wheelock Properties – A Potential Candidate For Privatisation?

Kelwin & Roy Wheelock Properties , , , , , , , , , ,
6th June, 2017, 12:44 AM

Wheelock Properties – A Potential Candidate For Privatisation? wheelock

Wheelock Properties was covered in Phillip Capital research report of being a potential candidate for privatisation and more can be read here.

With rumors of privatisation let’s look at the chart and see how we can play to this rumor .

Wing tai could be another privatisation counter. So do take a look at it too.

For wheelock Properties its horizontal resistance is  at 1.895 and breaking above that might see it move higher to 1.935. 1.98 would be the swing high.

Some might say that the price is very high now so do ensure you got your proper stop loss in place. Managing your stop loss is of utmost importance.

A stop loss could be placed at 1.825. Remember trade management is key.

Yours

Humbly

Kelwin&Roy

Food Empire – Some Pullback Would Be Good

Kelwin & Roy Food Empire , , , , , , , ,
31st May, 2017, 11:59 PM

Food Empire – Some Pullback Would Be Good Food Empire

Food Empire an uptrend stock had a good run but we feel that some pullback would be good for this stock.

It has broken its short term uptrend line and today it broke its horizontal support of 0.725.

We’re looking at a possible downside to the 20ma or 0.67. Our stop loss would be at 0.785. Breaking that might see Food Empire continue its uptrend.

Remember we’ll use Poems CFD for short and not naked short.

Yours

Humbly

Kelwin&Roy

Wilmar – Down It Goes

Kelwin & Roy Wilmar , , , , , , , , , , , ,
31st May, 2017, 11:38 PM

Wilmar – Down It GoesWilmar

Wilmar, a palm oil related stock which we blogged about just a day back came tumbling down today to hit a low of 3.52.

It broke below the horizontal support of 3.60 which we have drawn and went to as low of 3.52. Not bad in a day. But of course we always preach slow and steady. =) Wilmar has been down for a couple of days so do take note of that. Our target still stays at 3.48 but we’ll shift our stop loss lower now to 3.62 level. So worse case if wilmar rebounds we’ll break even.

The support will now be the resistance and we’ll add 1-2pip more just in case. We’re using Poems CFD to short the markets and not doing a naked short.

For those who has been asking how to use CFD to short, stay tune we’ll be calling for a seminar shortly.

Yours

Humbly

Kelwin&Roy