wuhan virus

UMS – [ Here’s What We Did When The Market Turned Weak ]

Kelwin & Roy UMS , , , , , , , , , , ,
3rd February, 2020, 7:03 PM

UMS – [ Here’s What We Did When The Market Turned Weak ]UMS 3rd Feb 2020

Chart Source: Poemsview 3rd feb 2020

UMS tumbled together with the broader market as electronic stocks sold off due to fears on how the wuhan virus might affect the economy.

With the banning of travel to in and out of China, this will affect the economy, consumption will slow down for this period as businesses brace for impact.

UMS also took a hit and hit our first target of $0.925 down 4% since our short entry. We alerted our CFD clients for those who have CFDs with us as we don’t encourage naked shorting.

Our next possible target is around $0.89 which we will continue to monitor and see how the wuhan virus is spreading.

We also like to remind everyone to continue to take precautions when heading out and to wash their hands with soap frequently. And to all the front line workers, Thank you for your selflessness and dedication.

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Kelwin&Roy

SIA – [ Here’s What We Did!]

Kelwin & Roy SIA, Singapore airlines , , , , , , , , , , , , ,
28th January, 2020, 9:02 PM

SIA – [ Here’s What We Did!]SIA 28th Jan 2020

Chart Source: Poemsview 28th Jan 2020

SIA or Singapore Airlines Ltd was a stock that got hit hard due to the spread of the wuhan virus around the world.

Tourism stocks and airlines stocks usually takes a hit as their bottom lines will be affected due to cancellations or postponing of trips.

Medical stocks on the other hand will likely see an uptick as in the recent case like medtecs, top glove, riverstone and a few others.

As for SIA, we felt that it will be negatively hit if wuhan virus continues to spread and we could still be in the beginning phase of this virus. Furthermore, the spread might magnify after the chinese new year visitation.

We alerted our CFD CLIENTS for them to take note of SIA being a short candidate just last Thursday before the cny holidays. As market opened today, SIA immediately gapped down and hit our second target of $8.58. We’re looking at the next downside target to be around $8.40

As the wuhan virus is spreading, do take extra precautions and wash your hands frequently with soap. We wish our readers a healthy and happy lunar new year.

Want to be part of this EXCLUSIVE GROUP that were alerted of such a trade analysis?

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Yours

Humbly

Kelwin&Roy