trendline analysis

Valuetronics – [ Lower High On Each Rebound, What’s Next?]

Kelwin & Roy Valuetronics , , , , , , , , ,
20th March, 2019, 8:57 AM

Valuetronics – [ Lower High On Each Rebound, What’s Next?]Valuetronics 20th march 2019

Chart Source: Poemsview 20th March 2019

Valuetronics together with the other electronic stocks had a retracement after having a decent run up over the  last week.

Valuetronics has caught our attention for some of the reasons below.

  1. Its rebound is lower than the previous rebound at $0.74
  2. Valuetronics is below its uptrend line now.
  3. Valuetronics is near the horizontal support of $0.68. A break below that might signal more downside.
  4. Valuetronics is also below its 20ema

With these reasoning Valuetronics is now on our radar. A break below that $0.68 might have more downside.

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SGX – [ When Will The Selling End? Signs To Look Out For]

Kelwin & Roy SGX , , , , , , , , , ,
14th March, 2019, 8:00 AM

SGX – [ When Will The Selling End? Signs To Look Out For]SGX 14th March 2019

Chart Source: Poemsview 14th March 2019

SGX or Singapore Exchange as some may call it  took  a heavy beating over the past week down 10% since the high of $8.05.

News came out that the Hong Kong stock exchange would start trading derivatives contracts based on Chinese-listed shares pose a new competitive threat to SGX.

Since then SGX gave up 2 months worth of gains in just 5 trading days!

Now is the selling over? Is the selling overdone? Is a rebound in sight? Here are a few things we’re looking out for

  1. For support to hold at$7.20 if not the next level at $7.10 area.
  2. For the volume to start decreasing might mean that selling is slowing down.
  3. For the candlestick to be smaller and not such a long range.
  4. For SGX to regain its hold on the 200ma and even the uptrend line which it has broken down from

Keeping a close eye on SGX for the next few days.

Is SGX on your watchlist?

What’s your trade plan for SGX like?

It is important to have a sound and actionable trade plan in order to be discipline in your trades.

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Kelwin&Roy

UMS – [ Continues Its Rise, Hitting Resistance Soon?]

Kelwin & Roy UMS , , , , , , , , ,
13th March, 2019, 9:26 PM

UMS – [ Continues Its Rise, Hitting Resistance Soon?]UMS 13th March 2019

Chart Source: Poemsview 13th March 2019

UMS continues its rally as Hi-P took the lead causing some spillover effect to the other electronic stocks.

Since our EARLIER ALERT back in February UMS hang on steadily to the 5ema which continued to support it.

UMS has hit multiple upside targets but could be hitting some strong resistance very soon. The upper trendline could be the next resistance so we won’t be over bullish on UMS for now since our alert was way back at $0.725.

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Sunpower – [ Lost Its Shine? Any More Power Left?]

Kelwin & Roy Sunpower , , , , , , , , ,
8th March, 2019, 11:43 AM

Sunpower – [ Lost Its Shine? Any More Power Left?]Sunpower 8th March 2019

Chart Source: Poemsview 8th March 2019

Sunpower had a good run over the last one month and finally hit the brakes to come down.

Using the moving averages we can see that sunpower broke its 5ema and started coming down.

Our EXCLUSIVE CLIENTS were alerted of this analysis given that the uptrend line was supporting it too. A break below the support of $0.585 saw Sunpower moving down relatively fast to its 20ema.

We’re glad that using such a simple indicator helps strengthen our analysis and gives us an additional tool to increase our probablility.

Currently Sunpower is supported by the 20ema but a break of might see it move lower. Our next support is at $0.53

Want to know how to use the moving average indicator to strengthen your analysis? Then come join us for our workshop on Moving Averages.

Details are below:

Date: 11 March 2019

Time: 7:30pm

Please register in the link below as we have very limited space.

https://www.eventbrite.sg/e/is-moving-average-still-relevant-in-todays-market-and-how-we-can-use-it-to-our-advantage-together-tickets-57572605212

In addition, We’ll also share how to receive such trade analysis straight to your handphone.

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Kelwin&Roy

UMS – [ Riding Along With The Electronic Rebound, Anymore Upside? ]

Kelwin & Roy UMS , , , , , , , , , ,
27th February, 2019, 4:17 PM

UMS – [ Riding Along With The Electronic Rebound, Anymore Upside? ]

Chart Source: Poemsview 27th Feb 2019

UMS continues its uptrend along with other electronic counters like AEM, Hi-p and valuetronics.

UMS actually reported its results yesterday with a fall in profit of 17%  which market could be expecting as electronics sector was generally softer. Its forward guidance wasn’t that bleak sighting that the long term outlook remains upbeat which brought cheers to the counter. And after analysing its results and price action we felt that UMS might have the potential to move higher.

Our EXCLUSIVE CLIENTS were once again alerted on this trade analysis for them to PLAN, PREPARE and PROCEED. In fact UMS has a stock that we were watching since Jan when it was $0.62.

Volume came in for UMS yesterday which helps to validate the breakout. UMS continues to move up this morning reaching our first target of $0.75.. $0.75 could be a tough resistance to beat but crossing above that might see it move to $0.77 so we’re watching the levels.

Chip Eng Seng – [ Rising On Good Results, Signs Were There Once Again!]

Kelwin & Roy Chip Eng Seng , , , , , , , , ,
26th February, 2019, 10:09 PM

Chip Eng Seng – [ Rising On Good Results, Signs Were There Once Again!]Chip Eng Seng 26th Feb 2019

Chart Source: Poemsview 26th Feb 2019

Chip Eng Seng is a construction and property in Singapore saw a strong earnings for Q4 of 2018. With the strong earnings came a strong rise in price over the last two days.

Once again using a simple indicator like the 50 exponential moving average we managed to catch Chip Eng Seng before it ran. Chip Eng Seng finally broke above its 50ema on end jan and continued  to tugged along that support line before the big  move came.

As with Capitland from our previous post, using  a simple indicator can help strengthen one’s analysis.

Also, knowing the characteristics of a stock is also important. As in this case, Chip Eng Seng usually has a tendency to take a while before  a move comes hence we alerted our EXCLUSIVE CLIENTS on it being a swing trade. True enough Chip Eng Seng started to move slow and steadily up.

A nice 7% upside has been seen since our entry at $0.705. $0.75 which is our second target is currently the resistance point too. Clearing that and staying above that might see it challenge $0.775.

Want to know how to use a simple indicator like the moving average to strengthen your analysis?

Stay tune as we firm up the details for our next workshop.

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Cosco – [ Time To Look At It? Points To Take Note Of]

Kelwin & Roy Stock Market , , , , , , , ,
25th February, 2019, 8:06 AM

Cosco – [ Time To Look At It? Points To Take Note Of]

Chart Source: Poemsview 25th Feb

Cosco once a market darling as seen relatively muted action the last few months. Cosco has been moving in a sideway movement for the last few months but has seen some volume coming in the past week.

Cosco has caught our attention but there are some things to take note for Cosco.

  1. Its earning results could round the corner. So as what we always mention, there is a risk trading into earnings.
  2. Its 200SMA is very near which could act as a resistance.

On a positive note, it has broken above its long term downtrend line and staying above that might signal more upside. Its closing volume on friday was the highest over the last 3 months.

What’s your trade plan for  cosco like?

It is important to have a sound and actionable trade plan in order to be discipline in your trades.

CLICK HERE to see how you can learn how to plan a sound and actionable trade plan and to be part of this EXCLUSIVE COMMUNITY to enjoy such value added services.

Yours

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Kelwin&Roy

 

 

 

Capitaland – [ Second Upside Target Met On A Good Set Of Results, Saw The Signs Before That?]

Kelwin & Roy Capitaland , , , , , , , , , ,
20th February, 2019, 4:08 PM

Capitaland – [ Second Upside Target Met On A Good Set Of Results, Saw The Signs Before That?] Capitaland 20th Feb 2019

Chart Source: Poemsview 20th Feb 2019

Capitaland released their results this morning before market open. A set of stronger results resulted in a nice gap up for Capitaland which also meant that our second target was met!

Just a week ago before Capitaland showed some strength when it broke above its 5ema a short terming moving average.

With that strength came some volume which was higher than the previous and of course our EXCLUSIVE CLIENTS were alerted on it. An  entry at $3.34 saw a nice 3% upside in a week to $3.44. 

Capitaland currently at its horizontal resistance of $3.44 and a break above might see it move to the previous high of $3.46 which could be a strong resistance there.

It is important to have a sound and tradable plan especially trading near results.

CLICK HERE to see how you can learn how to plan a sound and actionable trade plan and to be part of this EXCLUSIVE COMMUNITY to enjoy such value added services.

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Kelwin&Roy

UMS – [ UP 8%! Good Start To The Chinese New Year!]

Kelwin & Roy UMS , , , , , , , , ,
8th February, 2019, 4:34 PM

UMS – [ UP 8%! Good Start To The Chinese New Year!]UMS 8th Feb 2019

Chart Source: Poemesview 8th Feb 2019

UMS had a great start after the Chinese new year and moved up to reach our second target of $0.665.

Since our entry in late January when UMS broke above its horizontal resistance at $0.62, UMS has seen a nice 8% upside to our second target of $0.665. We’re glad our EXCLUSIVE CLIENTS were alerted, so that they could Prepare, Plan and Proceed.

The upside is currently capped at around $0.675 which is the uptrend resistance line. A pullback might be an opportunity for a re-entry.

Where would the pullback be for a re-entry?

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Wilmar – [ Take Profit Before Profit Taking? ]

Kelwin & Roy Wilmar , , , , , , , , , ,
4th February, 2019, 12:03 PM

Wilmar – [ Take Profit Before Profit Taking? ]Wilmar 4th Feb 2019

Chart Source: Poemsview 4th Feb 2019

Wilmar part of the STI component and one of the few Palm oil related counters in Singapore reached our first resistance of $3.35 last thursday. It couldn’t break through that and succumbed to some profit taking.

It is important to know where the support and resistance for stocks so that a trader and plan and prepare before proceeding to enter a trade.

Our EXCLUSIVE CLIENTS were informed of that so they could PLAN, PREPARE and PROCEED knowing full well their stops and targets.

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