Stock Blog Singapore

STI- [ No Action Taken Yet]

Kelwin & Roy STI , , , , , , , , , ,
18th July, 2017, 12:09 AM

STI- [ No Action Taken Yet]sTI

Our Straits Times Index or STI had a huge run on Friday partly due to the huge gap up for GLP which enabled it to break through the consolidation it had  for the last 2 months. It broke the horizontal support and could now be aiming for 3300 then 3350.

Admittedly there was no chance for any shorts as STI just burst up but of course we managed to look for other counters to ride the upside.

STI didn’t follow our plan so we’re saved this round. Remember its always important to have a trade plan. We’ll share more this coming Wednesday on how important is it to have a proper road map and trade plan in order to trade well.

Click HERE to register for our upcoming workshop.

Yours

Humbly

Kelwin&Roy

KSH- [ Yet Another Target Met, A Beautiful Trade]

Kelwin & Roy ksh , , , , , , , , , ,
17th July, 2017, 12:27 AM

KSH- [ Yet Another Target Met, A Beautiful Trade]KSH

KSH reached our third target of $1 as previously blogged and even went to $1.01. A beautiful trade of about 8% upside for the week and we hope that you learnt something useful from it. How volume and resistance works.

Our next target might be around $1.04-1.05 and we’ll shift our trailing stop up now to either 0.975 or $1. *Hint* Watching the closing is crucial.

We’ll be sharing more this coming Wednesday on our strategies which we have shown and much more. Do click HERE to register for it.

Yours

Humbly

Kelwin&Roy

KSH – [Spotted Before the Gap Up Today, Closing In To Our Second Target]

Kelwin & Roy ksh , , , , , , , , , ,
13th July, 2017, 11:51 PM

KSH – [Spotted Before the Gap Up Today, Closing In To Our Second Target]KSH

KSH had a nice gap up today just two days after we blogged about it. It gaped above the 20 days moving average and also our horizontal resistance line of 0.93.  A nice upside then followed which hit our first target of 0.955 and closed above it.

We will put a trailing stop now at 0.93 so the worse case scenario is losing 0.05 cents. But of course we will be watching the market during the day to see if we need to take profit along the way. Remember flexibility is important too.

Our next target would be 0.975 then 0.995-1 as this might be a psychological level and there would be some resistance here.

We’ll be conducting a simple workshop next Wednesday, where we’ll be sharing our simple techniques on how we spot such stocks. Also how we can use CFDs to swing trade such stocks to maximize our returns. Simply click here to register now.

Yours

Humbly

Kelwin&Roy

Straits Times Index – At A Pivotal Point

Kelwin & Roy Straits times index , , , , , , , , , , ,
13th July, 2017, 12:24 AM

Straits Times Index – At A Pivotal PointsTI

We’ve been asked by many on our views on the straits times index or STI for short and thought we’ll just do a short sharing over here.

From our chart the immediate support of STI would be around 3200. Many eyes are on it and the moment it stays below that, it might attract  shortist to come in.

STI has been ranging between 3258 region and 3200 for the last 2 months with no real direction. So if a break were to occur this might set the tone for a pullback. The 20 days MA is sloping down and have cut the 50ma too which in a technical term means the direction might be down. This hasn’t occurred since late last year. Dow, Nasdaq all have been making new high but our Straits Times Index hasn’t seem to make any new high.

With each rebound STI can’t seem to break out too. So lets watch to see which levels play out. We got our next few levels of support drawn. And would be ready in the case if STI starts to fall. The 200ma would be our final support. The banks which have largely been supporting the STI also seems to be pulling back.

We’ll be using Poems CFD and did you know that poems is the only stockbroker in Singapore that offers the Straits Times Index for trading? =)

If you want to learn more about Poems CFD and how you can be trading the STI both long and short. Just click HERE as we’ll be having a seminar next Wednesday show casing our CFD and some of our strategies.  Hope to see you there.

Yours

Humbly

Kelwin&Roy

 

KSH – A Rise in Volume

Kelwin & Roy ksh , , , , , , , ,
10th July, 2017, 11:20 AM

KSH – A Rise in VolumeKSH

KSH a well established construction and property development has seen some increased in volume in the morning. Its close to mid day and the volume looks rather healthy. Hence it has caught our attention.

The resistance for KSH is at 0.93 and a break above that might see it move towards our two potential resistance at 0.955 then 0.975. A good breakout would be for it to hold above 0.93.

Our stop loss would be at 0.885.

Yours

Humbly

Kelwin&Roy

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