trendline analysis

Memtech Intl – [ Defying Gravity Once Again]

Kelwin & Roy Memtech Intl , , , , , , , , ,
7th March, 2018, 10:31 PM

Memtech Intl – [ Defying Gravity Once Again] Memtech Intl 7th March 2018

Chart Source : Poemsview 7th March 2018

Memtech Intl defied gravity today and moved up close to 10% before coming off slightly to close at 1.65.

Its above our target of 1.63 which we just blogged on three days back .

Our next possible upside target might be 1.70.

Memtech Intl is a slow and steady stock which we would consider using CFD to do a swing trade on as we can hold it past contra without having to pay up for the full contract.

As you can see from the chart its unlike creative tech which has many days of long bars. Fast up and fast down. We prefer it to be slow and steady for a more sustainable move.

If you’re interested in knowing how to use CFD to help swing your trades and maximize your gains and even commission then this workshop is for you!

Come join us for a FREE 2 hours jam packed workshop and where you’ll coach you on using CFDs and also reveal our trading strategies for spotting stocks like memtech intl.

Don’t miss out on learning how you can join our exclusive trading community too.

Click HERE if you want to make a difference to your trading journey.

Yours

Humbly

Kelwin&Roy

Creative Tech – [ Trading Restriction On Poems]

Kelwin & Roy Creative Tech , , , , , , , ,
7th March, 2018, 9:55 PM

Creative Tech – [ Trading Restriction On Poems] Creative Tech 7th March 2018

Chart Source: Pomesview 7th March 2018

Creative Tech is currently on poems trading restriction list which means clients can only buy and sell shares of Creative Tech through their brokers.

It took just 6 working days for Creative tech to go from $1.46 to $10. That’s close to 600% in 6 days. Really amazing but at the same time it dropped 30% in the last 2 days.

Such stock is rare to come by and it’s definitely not for the faint hearted. Fortune can be made fast and at the same time lost fast.

Well, here at singaporehumblestock we prefer to take it nice and slow. Such crazy swings could be a one off thing and hard to replicate.

So do take caution if you’re trading this counter. Always have a stop loss plan in mind no matter what and stick to it.

We have drawn some support and resistance lines for reference only.

Yours

Humbly

Kelwin&Roy

CityDev – [Uptrend Developing? ]

Kelwin & Roy City Dev , , , , , , , , , , ,
6th March, 2018, 8:51 PM

CityDev – [Uptrend Developing? ]CityDev 6th March 2018

Chart Source: PoemsView 6th march 2018

Citydev had some nice increase in volume today. It is currently being resisted  by the 50ma and our downtrend line too.

It has also hit the uptrend support line and was supported by it. We’re keeping a close look out to see if it can break above those resistances. A break above and staying above might indicate more upside to come in the coming days.

Citydev is a blue chip and an index component stock. It might be rather expensive for some as 1000 shares would cost an upwards of $12k.

In order to overcome that, a trader might consider using leverage and over here our choice of instrument would be using Poems CFD.

With leverage it can give a trader more exposure to blue chip stocks like SIA, Keppel Corp and much more.

Interested to know more about how CFD can complement your trading journey and why is it so important to use CFD?

Then come join us for a FREE 2 hours jam packed workshop and where you’ll coach you on using CFDs and also reveal our trading strategies. Don’t miss out on learning how you can join our exclusive trading community too.

Click HERE if you want to make a difference to your trading journey.

Yours

Humbly

Kelwin&Roy

Memtech Intl – [ Broke Through Previous High!]

Kelwin & Roy Memtech Intl , , , , , , , , ,
4th March, 2018, 9:22 PM

Memtech Intl – [ Broke Through Previous High!]Memtech 4th March 2018

Chart Source: Poemsview 4th March 2018

Memtech Intl burst through its previous high of 1.50 with an increased in volume on friday.

A handsome upside of 15% since spotting it less than two weeks ago at 1.30 

Our next upside target might be 1.63 after zooming out to a 15 years time frame!

Using CFD would enable us to swing this trade in order to maximize our upside potential.

Want to learn and be informed of such trade analysis?

Click HERE if you are serious about learning more on how trendlines/moving averages/support lines can help you in your trading journey.

We got a team of top tier remisiers waiting to serve you.

Yours

Humbly

Kelwin&Roy

 

YZJ ShipBldg – [$1.53 Target Hit, Next Target? ]

Kelwin & Roy YZJ, YZJ Shipping , , , , , , , , , , ,
27th February, 2018, 5:08 PM

YZJ ShipBldg – [$1.53 Target Hit, Next Target? ] Yzj ShipBldg 27th Feb 2018

Chart Source: Poemsview 27th Feb 2018

Yzj ShipBldg has reached our target of $1.53 since spotting it at $1.34 support. Its up close to 15% already so remember to protect your profits.

Its results might be out very soon. So do be cautious when trading yzj for the time being as we have seen many times with results earnings a stock can swing either way.

If Yzj manages to stay above 1.53-1.54 we might see it test the minor resistance of 1.57 then to 1.60.

Click HERE if you are serious about learning more on how trendlines/moving averages/support lines can help you in your trading journey.

We got a team of top tier remisiers waiting to serve you.

Yours

Humbly

Kelwin&Roy

Sembcorp Marine – [ Rebound Off Our Support]

Kelwin & Roy sembcorp marine , , , , , , , , ,
27th February, 2018, 11:11 AM

Sembcorp Marine – [ Rebound Off Our Support]Sembcorp Marine 27th Feb 2018

Chart Source : Poemsview 27th Feb 2018

Sembcorp Marine had a nice bounce from our support of 2.16 which we blogged just last thursday evening. We anticipated more selling from Thursday close and indeed it came down to our support.

If Sembcorp Marine manages to stay above its 50ma at 2.24 we might see it move up to the next target of 2.36.

Market is moving now so we’ll keep the update short. Our Support is at 2.16 now and if that breaks 2.09 will be next.

As you can see from the chart, simple trendlines and support lines are key to your trading journey.

Click HERE if you are serious about learning more on how trendlines/moving averages/support lines can help you in your trading journey.

We got a team of top tier remisiers waiting to serve you.

Yours

Humbly

Kelwin&Roy

OCBC – [Soaring Through Our Targets, Eyeing Next Target]

Kelwin & Roy OCBC , , , , , , , , , , ,
24th February, 2018, 8:29 PM

OCBC – [Soaring Through Our Targets, Eyeing Next Target] OCBC 24th Feb 218

Chart Source : Poemsview 24th Feb 2018

OCBC soared through our resistance of $13.29 coming close to 10% upside since we first spotted it about 1 week  ago. As usual, our exclusive clients were informed of this trade analysis before the rebound came.

OCBC opened right at resistance and smashed through closing well above it at $13.37. The volume that followed wasn’t as much as we would like it to so setting a protective stop around $13.20 might be good and especially it has risen quite a fair bit in a week.

Next possible target we might see could be $13.54 area

Banks are having a good run with most breaking through their previous high. UOB hasn’t broken its previous high. Will it do so??

Want to be kept informed of the latest market movement? Or want to learn how to catch such rebound?

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We got a team of top tier remisiers waiting to serve you.

Yours

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Kelwin&Roy

 

China Aviation – [ Taking Off Amidst Turbulent Market!]

Kelwin & Roy China Aviation , , , , , , , , , ,
22nd February, 2018, 11:12 PM

China Aviation – [ Taking Off Amidst Turbulent Market!]

China Aviation 22nd FEb 2018

Chart Source: Poemsview 22nd Feb 2018

China Aviation defied gravity and took off to close up at the day’s high of 1.62.

Its above our horizontal resistance of 1.61 and staying above that might see it move towards 1.64( the 200ma resistance) and then 1.69.

Its results will be out  on 28th Feb after market hours. Support is at 1.49

China Aviation has a tendency of running before its results, will history repeat itself?? We shall see.

Want to be informed of an earlier entry at 1.55 like our exclusive clients did??

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We got a team of top tier remisiers waiting to serve you.

Yours

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Kelwin&Roy

 

Sembcorp Marine – [ Sinking or Floating? ]

Kelwin & Roy sembcorp marine , , , , , , , , , ,
22nd February, 2018, 5:44 PM

Sembcorp Marine – [ Sinking or Floating? ] Sembcorp Marine 22nd Feb 2018

Chart Source: Poemsview 22nd feb 2018

Sembcorp Marine reported its results in the morning before market opened with it sinking into the red for the fourth quarter with  a net loss of $33.78 million. More can be read here.

Also, during the briefing Sembcorp Marine confirmed yesterday that the Brazilian authorities have charged an individual over alleged illegal payments linked to drillship contracts won by the company’s units. More can be read here

Adding to that, some brokerage houses were downgading Sembcorp Marine.

What a turn for Sembcorp Marine. Just a few weeks back, brokerage houses were upgrading this counter and now its taking a bad hit.

If you have drawn a short term downtrend line we might have seen Sembcorp Marine being resisted. Also, do be careful holding a counter over earnings release. These are good measures to have in order not to be caught off guard the next day.

As for now there is a huge volume sell down and more selling might be coming. We’re putting our support at 2.22 then 2.16 area before deciding our next course of action. Lets wait for the dust to settle before entering.

Want to be informed about Sembcorp Marine’s latest movement?

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Kelwin&Roy

 

Memtech Intl – [ Two Targets Met , Looking For Previous High]

Kelwin & Roy Memtech Intl , , , , , , , , ,
22nd February, 2018, 12:29 AM

Memtech Intl – [ Two Targets Met , Looking For Previous High] Memtech Intl 22nd Feb 2018

Chart Source: Poemsview 22nd Feb 2018

Memtech Intl is a global components solution provider working with partners in the business of Automotive Components, Industrial & Medical, Mobile Communications and Consumer Digital devices. You can read more on Memtech Intl over here .

Memtech the 4th stock on our  TOP5 shopping list has met two of  our targets at 1.35 and 1.41 with an entry at 1.3.

Volume has been increasing steadily and with a big volume bar today which sent the stock up to a day high of 1.45.

We might see it test the previous high of 1.50 if it can overcome the 1.41 horizontal resistance. There would continue to give us some nice upside.

Since all 5 of our TOP5 shopping list has moved and met our targets.

We’re in the midst of compiling another list of stocks and hope you’ll be able to join us. =)

Click HERE if you are serious about joining our exclusive community where we’ll reveal our next TOP5 stocks that we’re looking at!

We got a team of top tier remisiers waiting to serve you.

Yours

Humbly

Kelwin&Roy