Stock Blog Singapore

Rex Intl – [ Strong Resistance at $0.21, Will It Clear Soon? ]

Kelwin & Roy Rex Intl , , , , , , , , , ,
19th February, 2020, 6:57 PM

Rex Intl – [ Strong Resistance at $0.21, Will It Clear Soon? ]Rex Intl 19th Feb 2020

Chart Source: Poemsview 19th Feb 2020

Rex intl just released some piece of news recently that their subsidiary achieves successful oil flow from Yumna 1 well in Oman. More can be read here.

After the news Rex saw a gap up to 0.189 and pushed up to 0.21. It is now at a strong resistance and testing it twice. It had previously tested the 0.21 five times and was unable to break. For this round, we’re quietly optimistic about a breakout and are looking for targets of 0.23 and 0.25. Some possible scenarios we’re looking at.

  1. Breakout of 0.21 and continue its move to 0.23 and 0.25
  2. Breakout of 0.21 and retest of 0.21 before moving up again
  3. Fail to break 0.21 and start retracing before another attempt.

We’re watching Rex closely.

Drop us a message if you like to know more about Rex.

Yours

Humbly

Kelwin&Roy

 

Frencken – [ Did You See Our Previous Post? Moved Up 4.5% Since Post]

Kelwin & Roy Frencken , , , , , , , , , ,
17th February, 2020, 5:55 PM

Frencken – [ Did You See Our Previous Post? Moved Up 4.5% Since Post]Frencken 17th Feb 2020

Chart Source: Poemsview 17th Feb 2020

Frencken was a stock that we just blogged on last Wednesday and in a matter of a few days has risen 4.5% !

From our previous post we mentioned that Frencken was lagging behind the AEM, UMS which had a good run. It was finally Frencken’s turn to shine and shine it did. On a lacklustre monday, we saw some nice upwards movement for Frencken. Using technical analysis drawn on our chart we can see that it has hit our first resistance so some pullback might be expected. If it can overcome this resistance we might see it move higher to our upper trendline.

Drop us a message if you like to know more about Frencken.

Yours

Humbly

Kelwin&Roy

 

Frencken – [ Lagging Behind, Next To Move? ]

Kelwin & Roy Frencken , , , , , , , , ,
12th February, 2020, 5:21 PM

Frencken – [ Lagging Behind, Next To Move? ]Frencken 12th feb 2020

Chart source: Poemsview 12th Feb 2020

Frencken seems a little lagging behind its peers like AEM, Hi-p and UMS.  We drew up some simple trendline analysis to help us understand frencken more.

Could frencken play catch up very soon? Some nearby resistance for frencken at around 0.89. Can Frencken overcome that and move up higher to 0.95? Lets watch!

Drop us a message if you like to know more about Frencken.

Yours

Humbly

Kelwin&Roy

 

 

UMS – [ Here’s What We Did When The Market Turned Weak ]

Kelwin & Roy UMS , , , , , , , , , , ,
3rd February, 2020, 7:03 PM

UMS – [ Here’s What We Did When The Market Turned Weak ]UMS 3rd Feb 2020

Chart Source: Poemsview 3rd feb 2020

UMS tumbled together with the broader market as electronic stocks sold off due to fears on how the wuhan virus might affect the economy.

With the banning of travel to in and out of China, this will affect the economy, consumption will slow down for this period as businesses brace for impact.

UMS also took a hit and hit our first target of $0.925 down 4% since our short entry. We alerted our CFD clients for those who have CFDs with us as we don’t encourage naked shorting.

Our next possible target is around $0.89 which we will continue to monitor and see how the wuhan virus is spreading.

We also like to remind everyone to continue to take precautions when heading out and to wash their hands with soap frequently. And to all the front line workers, Thank you for your selflessness and dedication.

Want to be part of this EXCLUSIVE GROUP that were alerted of such a trade analysis?

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Yours

Humbly

Kelwin&Roy

SIA – [ Here’s What We Did!]

Kelwin & Roy SIA, Singapore airlines , , , , , , , , , , , , ,
28th January, 2020, 9:02 PM

SIA – [ Here’s What We Did!]SIA 28th Jan 2020

Chart Source: Poemsview 28th Jan 2020

SIA or Singapore Airlines Ltd was a stock that got hit hard due to the spread of the wuhan virus around the world.

Tourism stocks and airlines stocks usually takes a hit as their bottom lines will be affected due to cancellations or postponing of trips.

Medical stocks on the other hand will likely see an uptick as in the recent case like medtecs, top glove, riverstone and a few others.

As for SIA, we felt that it will be negatively hit if wuhan virus continues to spread and we could still be in the beginning phase of this virus. Furthermore, the spread might magnify after the chinese new year visitation.

We alerted our CFD CLIENTS for them to take note of SIA being a short candidate just last Thursday before the cny holidays. As market opened today, SIA immediately gapped down and hit our second target of $8.58. We’re looking at the next downside target to be around $8.40

As the wuhan virus is spreading, do take extra precautions and wash your hands frequently with soap. We wish our readers a healthy and happy lunar new year.

Want to be part of this EXCLUSIVE GROUP that were alerted of such a trade analysis?

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Yours

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Kelwin&Roy

Breadtalk – [ Let’s Talk About The Next Target!]

Kelwin & Roy Breadtalk , , , , , , , , ,
16th January, 2020, 5:41 PM

Breadtalk – [ Let’s Talk About The Next Target!] Breadtalk 16th jan 2020

Chart Source: poemsview 16th Jan 2020

Breadtalk caught our attention back in November 2019 when there was a huge surge in volume. We alerted our EXCLUSIVE CLIENTS then and glad breadtalk went according to plan.

Then in December 2019 once again we saw breadtalk gaining some momentum and alerted our EXCLUSIVE CLIENTS at $0.625. Fast forward a month later and we see that breadtalk has performed  well up  11% and hitting three of our targets.

It has stayed above of target of 0.685 at close and if it manages to stay above this level we might see the next possible target to 0.725 another 5% upside.

Want to be informed of future development of breadtalk?

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Yours

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Kelwin&Roy

St Engineering – [ Closed Day High, Increased In Volume, What’s Next? ]

Kelwin & Roy St Engineering , , , , , , , , , , ,
14th January, 2020, 6:54 PM

St Engineering – [ Closed Day High, Increased In Volume, What’s Next? ] St Engineering 14th Jan 2020

Chart Source: Poemsview 14th Jan 2020

St Engineering continues it move up after a retracement. It hit our second target of $4.11 from our previous post and closed day high at $4.12.

St Engineering is up 3.5% since our entry price of $3.97 in exactly a week. A very decent gain if you ask us. What  is interesting now is that there is an increased in volume which might help sustain the next up move.

We’re looking at $4.17 which is also the downtrend line resistance as the next target. Lets watch.

Want to be informed of future development of St Engineering?

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Yours

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Kelwin&Roy

Capitaland – [ Time To Book Some Profit? ]

Kelwin & Roy Capitaland , , , , , , , , , ,
13th January, 2020, 6:31 PM

Capitaland – [ Time To Book Some Profit? ]Capitaland 13th Jan 2020

Chart Source: poemsview 13th Jan 2020

Capitaland part of the STI component stock continues it upwards march this morning but succumbed to some profit taking during the day. It was the strongest of the three amongst City Dev and Uol which ended up red.

Capitaland was a stock which we ALERTED our clients near end December when it was trading at $3.74 and under a month it has gone up 4% which is a nice return to us. It was a stock which we thought was worth  a swing trade rather than contra as some stocks need some time to let it perform and true enough Capitaland came through.

As for now as it has risen quite a fair bit , taking some profit might be a good strategy as the  volume coming in might not be able to sustain the upwards movement in the near term. It is one pip away from our target of $3.96 but taking some profit would be a good idea.

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Yours

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Kelwin&Roy

Sunpower – [ Storing Power For Next Move? ]

Kelwin & Roy Sunpower , , , , , , , , , ,
13th January, 2020, 2:24 PM

Sunpower – [ Storing Power For Next Move? ]Sunpower 13th Jan 2020

Chart Source: Poemsview 13th Jan 2020

Sunpower was a stock that we Alerted our clients back in November when it was just 53.5 cents. It is currently trading around 63.5 cents and it has once again captured our attention.

It is currently consolidating around 62 cents and might face resistance around 64 cents. There was some profit taking recently but managed to stage a come back which is a strong sign for us.

Sunpower might reach our target of 66.5 cents if momentum and healthy volume comes in.

Want more analysis of Sunpower?

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Yours

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Kelwin&Roy

 

 

Sembcorp Marine – [ Time To Look At It Again? ]

Kelwin & Roy sembcorp marine , , , , , , , , ,
24th November, 2019, 8:29 PM

Sembcorp Marine – [ Time To Look At It Again? ]Sembcorp Marine 24th Nov 2019

Chart Source: Poemsview 24th Nov 2019

Sembcorp Marine had a huge run up after the news of Temasek raising its stake in Keppel Corp which might spark a consolidation in the domestic rig building sector. It ran on rumors/hopes of a privatization or takeover which fizzled after awhile.

We’re glad we managed to catch the big run before it came and are smelling an opportunity for an entry.

On the chart, Sembcorp Marine looks like its on its short term uptrend support line. If this supports hold, we might see some upside in the coming days. We’ll be watching out for this on Monday.

Want to know more about Sembcorp Marine and be ALERTED on such trade analysis?

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Yours

Humbly

Kelwin&Roy