UMS -[ En Route To All Time High? Our Analysis Here]

3rd June, 2021, 7:12 PM

UMS -[ En Route To All Time High? Our Analysis Here] UMS 3rd June 2021

Chart Source: Poemsview 3rd June 2021

UMS came to life today with a slight gap up on announcement of its closure of it acquisition of JEP. Despite the weak sentiment on electronic stocks like frencken, AEM, we saw UMS pushing ahead. As we can see volume  is starting to increase again after resting for a few days. What is interesting is that it was down yesterday and if traders who shorted it they might have to start covering if it breaks above the $1.46 resistance. A break above this could bring in more traders on the long side. This might help pull UMS up to the all time high of $1.49 then even beyond. We’re looking at around $1.52-1.53 area first.

So far UMS has been good to us and on many occasions hitting multiple targets. Check these out for past movement of UMS.  Our most recent alert being on 14th May when it was just trading at $1.35. A nice 8% upside so far.

It is currently on its uptrend and we’re using the 5ema as a guide and support. A break below might bring it towards that uptrend support line.

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Yours

Humbly

Kelwin&Roy

AEM – [ Rebounding, Ending May On A Positive Note, Our Next Target? ]

1st June, 2021, 7:00 AM

AEM – [ Rebounding, Ending May On A Positive Note, Our Next Target? ]AEM 1st June 2021

Chart Source: Poemsview 1st June 2021

Electronic stocks were having a move last week and having caught UMS and Aztech on the earlier run it was time for AEM to shine. Having been the leader for awhile it fell sharply over the last few months as valuation started to get high. As it started to retrace we took the chance to alert our EXCLUSIVE CLIENTS on a potential rebound.

Being the laggard this round, we thought it was time for AEM to have some rebound as it was much loved by the market previously. When it finally broke above it resistance just a week ago and with volume starting to come in, that gave us more confidence in our analysis. We’re glad our first target was hit and an increased in volume, we might be able to see it move towards the 50ema resistance. Fingers crossed!

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Yours

Humbly

Kelwin&Roy

Sembcorp Industries – [ Hitting Previous High, Time To Take Some Profits?]

31st May, 2021, 7:40 PM

Sembcorp Industries – [ Hitting Previous High, Time To Take Some Profits?]Sembcorp Industries 31st May 2021

Chart Source: Poemsview 31st May 2021

Another stellar performance by Sembcorp Industries as it moved up to test the previous high of $2.24. It has been performing well over the last few sessions and has met our rebound target of $2.22 which is about 9% upside in just a week! It actually broke above this resistance but failed to close above it. The volume that came in wasn’t bigger than the previous day which is a concern for us now. For traders at this point taking some profits might be on the cards as those who were stuck at these levels might want to come out.

Unless it can stage a strong close above this level then we might see $2.29. The candle for today’s close is not the nicest so its time to be cautious. The next upside target might be $2.29.

Don’t want to miss out on our next Trade Alert? Be our EXCLUSIVE CLIENT and be included in our next trade alert! Sembcorp Industries has been a stock which we have been alerting since January, hope it has been good for you all.

Yours

Humbly

Kelwin&Roy

Nanofilm – [ Rebound Targets Met, All Time High Next? What Happened During Matching Today?]

27th May, 2021, 7:26 PM

Nanofilm – [ Rebound Targets Met, All Time High Next? What Happened During Matching Today?]

Chart source: Poemsview 27th May 2021

Nanofilm went above our expectation after covering the gap. Just over a week back, we mentioned that Nanofilm was finding a firm  support at around the $4.70 range. From then on it started its rebound climbing up steadily and eventually meeting our rebound targets. As a bonus, during the closing matching today, it actually closed a lot higher by 15 cents to eventually close at $5.41!

A possible reason might be rebalancing of the portfolio for  fund mangers as Nanofilm gets included in the MSCI small cap index together with IFast and some others. This might have caused the spike in the price as we saw some heavy matching for these stocks.

A pretty nice rebound for Nanofilm so fast, over 10% in just about a week. Nanofilm looks like it might challenge its all time high if $5.50 after which some profit taking is healthy in our view.

We hope you managed to learn something from our blog post and we hope to have you join our community if you have not done so yet.

Yours

Humbly

Kelwin&Roy

Hong Leong Asia – [ Rebound In Progress, Testing The Previous High Soon?]

26th May, 2021, 7:14 PM

Hong Leong Asia – [ Rebound In Progress, Testing The Previous High Soon?] Hong Leong Asia 26th May 2021

Chart Source: Poemsview 26th May 2021

Hong Leong Asia another stock that was on our radar for a rebound after a pullback. Using technical analysis, it broke its short term downtrend line yesterday and that was a positive sign for us! Well, you know the drill, we alerted our EXCLUSIVE CLIENTS and saw a nice 3% rebound on the same day hitting our first target! Volume looks healthy as traders started piling in and the shortist probably had to cover their positions due to the strong surge in price.

Where is Hong Leong Asia heading to? We are looking at it testing the previous high of around $1.06 with local houses starting its coverage on it. The building materials and diesel engines segments look set to benefit form a recovery in 2021. At $1.06 we might see more profit taking coming in and who knows we might take that resistance out very soon!

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Yours

Humbly

Kelwin&Roy

Sembcorp Industries – [ Top Performing Stock In STI Today, Our Next Upside Target?]

25th May, 2021, 5:14 PM

Sembcorp Industries – [ Top Performing Stock In STI Today, Our Next Upside Target?]

Chart source: Poemsview 25th May 2021


Sembcorp Industries the top performing stock in the STI components today, gaining up to 5.4% at the day high.

It had a nice pullback from the recent high and a consolidation over the last few days. It attempted to break the downtrend resistance lines yesterday and when that happened EXCLUSIVE CLIENTS were alerted!

Volume is starting to come in and with that the increased in volume we might see a higher price movement in the coming days. Our second upside target is very close by which is at $2.15. After that we might see $2.21.

Don’t want to miss out on our next Trade Alert? Be our EXCLUSIVE CLIENT and be included in our next trade alert! Sembcorp Industries has been a stock which we have been alerting since January, hope it has been good for you all.

Yours

Humbly

Kelwin&Roy

 

Nanofilm – [ Rebound In Progress, But How Much Further? ]

21st May, 2021, 7:40 AM

Nanofilm – [ Rebound In Progress, But How Much Further? ]Nanofilm 21st May 2021

Chart source: Poemsview 21st May 2021

Nanofilm a stock that we just posted three days back saw a nice rebound after dropping 15% . This rebound saw a nice 4% upside in three days. It has now reached the downtrend resistance line that we were talking about in our previous post.  At the same time, it is also currently sitting at the 20ema so a break above that might signal more upside. Volume is starting to come back as traders start looking for a bargain. We’re quietly optimistic that this resistance might be overcomed.

Our next upside potential target is around $5.22.

Hope you learnt something from our post! Did you manage to catch the rebound for Nanofilm?

Yours

Humbly

Kelwin&Roy

Nanofilm – [ What Do You Think? Rebound In Sight? ]

18th May, 2021, 7:15 AM

Nanofilm – [ What Do You Think? Rebound In Sight? ]Nanofilm 18th May 2021

Chart source: Poemsview 18th may 2021

Nanofilm corrected about  15% from the high of $5.50 to the low of $4.70. The $4.70 support has been tested twice last week and it looks like its holding for the time being. Could a rebound be in sight? It has been consolidating around this price range for the past week and if this holds we might see a nice rebound in sight.

Nanofilm is on our radar and we were glad that the previous times it moved to our favor.

Our support and resistance level are drawn up and if it manages to break above that downtrend line we might see a reversal in play.

What are your thoughts on nanofilm? Share it with us!

Yours

Humbly

Kelwin&Roy

IFast – [ Positive Finish To End The Week! ]

23rd April, 2021, 9:12 PM

IFast – [ Positive Finish To End The Week! ] IFast 23rd April 2021

Chart Source: Poemsview 23rd April 2021

IFast has been good to us as it was the first stock of the year which we alerted our EXCLUSIVE CLIENTS when it was just trading at $3.11! It had a fantastic run then with no looking back and even went up 2x in a month! We have been covering IFast for awhile and another opportunity arose back in March. Once again our EXCLUSIVE CLIENTS were alerted on this trade analysis.

And now just this week on Tuesday when we spotted IFast breaking above its 10ema we alerted our EXCLUSIVE CLIENTS again. It saw a gap up this morning on its set of good results with net profit rising to a record of $8.8m and the group expects to increase its dividend per share in 2021! What a way to end the week!

We saw two of our targets being met as IFast soared past our two targets. Our immediate target is at $6.58, $6.70 then $7.06.

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Yours

Humbly

Kelwin&Roy

 

Straits Times Index – [ Pulling Back, Downside Targets Updates! ]

21st April, 2021, 6:54 PM

Straits Times Index – [ Pulling Back, Downside Targets Updates! ]

Chart Source: Poemsview 21st April 2021

Since our last blog post just a week over ago, we started seeing the Straits Times Index slowly peeling away. It had actually tried to break above our breakout level but failed to do so and got slammed down instead. With such a move down, we might see it move lower to the  uptrend line  of around 3120 also around the 50ema, Banks are the usual suspect as they take up a bigger weightage in the STI component.

The next few support might be around 3060 at the gap support and if that fails to hold STI might cover the gap to 3020. If we do reach that level some bargain hunting might be good. A pullback to 3020 represents about 6% from the high of 3221 which is actually healthy. So don’t be surprised if STI does pullback to that level. Don’t get too used to just seeing the ups and know that market moves up and down.

So trade with care and always have a trade plan and know your time frame. Traders might have been caught with this pullback and might end up picking up shares and being a mid term investor. So ensure you are discipline when it comes to trading or investing.

Yours

Humbly

Kelwin&Roy