stock trading blogs

Noble Group – Moved Up Today

Kelwin & Roy Noble Group , , , , , , , ,
29th March, 2017, 11:16 PM

Noble Group – Moved Up Today noble

Noble Group had a nice upside swing today just after we posted last night .  It moved to a high of 0.197 closing in to our target of 20 cents region. So what do we do now?

As we can see from the chart there was an increased in volume today so we’re hoping for it to move further in the coming days. As some have asked how we manage our trades. Each stock will have a slight difference in how we manage our trade . As for Noble Group, we would usually take some profit if the stock has ran quite a bit in the day or shift up our trailing stop loss in order to protect our profits.

Do remember to find your own comfort level in trading as everyone has a different style and tolerance level.  The weekend is drawing near and traders usually take some profit off the table on fridays so do be a little cautious and stay alert.

Yours

Humbly

Kelwin&Roy

Noble Group – Moving Up?

Kelwin & Roy Noble Group , , , , , , , ,
29th March, 2017, 1:23 AM

Noble Group – Moving Up? noble

Noble Group has came down since our last blog post on it in end feb when we were mentioned that it has hit the resistance. It went down below what we expected but seem to built a base around the 0.183 region. It has since then started to move up slightly.

Noble has caught our attention once again and it looks like it might try to make an upwards movement towards 0.20-0.21.  Our stop loss would be at 0.183 level. If it breaks 0.183 level then we might expect more downside.

There are some announcement on Noble Group which you can read over here regarding their Share consolidation and their 2016 annual report.

Yours

Humbly

Kelwin&Roy

 

 

Alliance Mineral – All Charged Up

Kelwin & Roy Alliance Mineral , , , , , , , ,
23rd March, 2017, 11:50 PM

Alliance Mineral – All Charged Up alliance

Alliance Mineral , a stock that we have been bullish on and previously mentioned in our post on 1st March when it was at 0.21 cents. In fact back in early Jan when we first covered it it was only 0.096.  Hope our readers have benefit from this sharing our idea greatly.

Today Alliance Mineral moved up to a high of 0.31 cents but closed at 0.28 and we could call this a shooting star. The volume is one of the biggest from the past few weeks but price did not move up accordingly. A pull back might happen which in our view is a good thing which also means we could enter at a lower price in future. We have drawn our support lines and will wait till and see how it goes.

Alliance Mineral is of the hottest topic in the market now so do be a little careful as those who entered earlier might be wanting to take profit. Plan your trade carefully. We’ll update once again when we feel it’s a better time to enter.

Yours

Humbly

Kelwin&Roy

 

STI – Broken Below the 20 Days Moving Average

Kelwin & Roy STI, Straits times index , , , , , , , , ,
22nd March, 2017, 10:50 PM

STI – Broken Below the 20 Days Moving Average

The STI or straits times index has caught our attention because it has finally closed below the 20 days moving average.

From the chart we can see that the STI has stayed above the 20 days moving average for the last 3 months and even when it tried to break down it managed to rebound from it. But for today things look a little different. STI has finally closed below the 20MA hence we should take note of it.

It also coincides with our uptrend line and the horizontal support lines. With that we might be looking at further downside if those support breaks. The STI component stocks or blue chips would be the one leading the STI downwards so one can either short the STI or look for the component stocks to short.

We’re looking at the next support of around 3076 and will update further according to market condition. We’ll use poems CFD to short the straits time index.

Yours

Humbly

Kelwin&Roy

Keppel Corp – Down To Our Target, Rebound Next?

Kelwin & Roy Keppel Corp , , , , , , , , ,
16th March, 2017, 12:57 AM

Keppel Corp –  Down To Our Target, Rebound Next?Keppel Corp

Keppel Corp has been down for the last two weeks since we were blogged it .It was at $7.22 when we mentioned that it was a little high and needed to pull back. It has now reached our lower uptrend line and looks supported.

We’re hoping for it to have some rebound from here and if it doesn’t it could signal more downside .

Our upside entry would be at current spot price of around 6.65 with a stop loss of 6.53-6.55. Our first upside target might be 6.85

Some factors to take note would be oil prices. Oil has been falling for the last week and if it continues to fall then Keppel Corp might be dragged down.  The next factor would be the interest rate decision but more importantly janet yellen’s tone and speech going forward. The number of times interest rate will hike also will play a role.

So if our support breaks we might be prepared to go the other way.

Yours

Humbly

Kelwin&Roy

Keppel Corp – Oil Down So Is Keppel Corp

Kelwin & Roy Keppel Corp , , , , , , , , ,
9th March, 2017, 11:34 PM

Keppel Corp – Oil Down So Is Keppel CorpKC

Keppel Corp was a stock we blogged exactly a week back mentioning that it was high and needed a break. It hit our upper trend line and started to pull back. It was at around $7.22 when we spotted it and hit a day low of $6.77. A nice downside for a singapore blue chip. We hope our readers managed to benefit from our sharing once again.

So where to now as some of you have asked. The immediate support for Keppel Corp is around 6.76-6.78.It is also around the 20 days moving average.So it’s a double support for us.  If there is further weakness and breaking that support, we could see it hit our lower uptrend line of 6.65-6.70. Oil in the recent days have been taking a beating hence our oil related counters are not spared.

What could happen is that either Keppel Corp goes for a rebound and starts turning down and that’s where we would consider another short entry. Or if it breaks 6.76 then we might consider entry. Remember we’re using Poems CFD to hold our shorts and not naked short

Yours

Humbly

Kelwin&Roy.

Yoma Strategic- Broke Out and Up 8% Today

Kelwin & Roy Yoma Strategic , , , , , , ,
7th March, 2017, 11:33 PM

Yoma Strategic- Broke Out and Up 8% Todayyoma

Yoma Strategic had a powerful run today just as we posted last night. It was up 8% and retraced a little towards the end of day. We hope that our readers managed to benefit from this sharing and took home something.

Only selected mid cap stocks are in play and of course micro pennies. Good old values of slow and steady still hold true for us. =)

Many are asking what now and how now? We have drawn more lines for you all. It is currently testing 0.67 horizontal resistance and if that clears it could cover the gap and possibly reach 0.695.

Yoma Strategic had a long consolidation so we’re hoping for it to move more in the coming days . Our ultimate target would be the uptrend line and the horizontal resistance line of 0.745. Don’t forget to shift your stop loss up to protect your profits.

 

Yours

Humbly

Kelwin&Roy

Yoma Strategic – Breaking Out of Range?

Kelwin & Roy Yoma Strategic , , , , , , , ,
6th March, 2017, 10:35 PM

Yoma Strategic – Breaking Out of Range?yoma

Yoma Strategic a mid cap stock recently reported its results on 10th Feb which saw it moved down after their announcement. An interesting thing is that Yoma Strategic is still within its support range of 0.575.

From the chart  we can see that it’s been hovering from 0.575-0.615 range for the last 7 months or so. Today it had some movement up to 0.615 with an increased in volume. Yoma Strategic is currently in our watch list and if this counter manages to break out a this range convincingly we could see it march towards 0.64 then 0.67.

Our entry would be around 0.62-0.625 depending on how you see the breakout and it shouldn’t close below 0.615 for it to be a valid breakout.  Our stop loss would be 0.57.

For this counter we would use Poems CFD to enter as we might want to swing this position.

Yours

Humbly

Kelwin&Roy

Sunpower- Anymore Power?

Kelwin & Roy Sunpower , , , , , , , ,
2nd March, 2017, 10:50 PM

Sunpower- Anymore Power?sunpower

Sunpower Group Ltd. is recognised as a specialist in the design and manufacture of such energy saving and environmental protection products .  If you’re interested you can find out more on their website.

It had a very powerful run and it seems resisted for now. Will it have more power to break that downtrend line? We’re hoping not yet. As you can see it’s currently also below the 10 days exponential moving average which is not a good sign. A good pullback would be healthy and we’re looking at a short entry around 0.795-0.805. We can place a stop loss at 0.835

We feel that the risk reward is not bad if Sunpower can move lower to 0.66 level Remember not to naked short but use Poems CFD(DMA) for shorting as this might take time to come down.

Yours

Humbly

Kelwin&Roy

Keppel Corp – Getting A Little High

Kelwin & Roy Keppel Corp , , , , , , , ,
2nd March, 2017, 10:18 PM

Keppel Corp – Getting A Little HighKC

Keppel Corp is a stock that we mentioned in our market outlook article back in January when it was around $6.20. It’s been a month plus and keppel Corp stands at $7.22 today. We feel that it’s reaching resistance for now and a pull back would be healthy.

We have drawn the uptrend channel line which acts as a resistance. A short entry could be around 7.23-7.25 area with  a tight stop loss around 7.28-7.30.

What might happen here could be that it might start pulling back from here or if market is still so bullish it could break out from this uptrend line we drew. We’re hoping for some pullback before we can make a re-entry.

Yours

Humbly

Kelwin&Roy