Thursday, January 29, 2015
*************** Bullish Setup: SMRT - Breaking above 1.70 psychological resistance on strength... price 1.715, Bullish Ascending Triangle Pattern spotted !
Tuesday, January 27, 2015
Sent: Monday, January 26, 2015 10:41 AM
Sti has broken above the 3390 resistance level which was the high seen in August last year. This can be a sign of renewed strength as long as 3380 – 3390 becomes the new support level. Range can be to 3450 – 3460 in the short to midterm. It has been supported above the channel support line and rebounded from it 3 times before clearing above the horizontal resistance at 3390 last Friday which can a positive signal. 200 day MA line still sloping upwards gradually as it consolidates. Any break below 3380 can see it trade back down to 3350 then 3300 again.
China Env did break above 0.25 resistance today, can it head towards 0.30 now ? BUY Call emailed to clients over the past 2 weeks. J
As mentioned in previous call, CHINA ENV has indeed broke above the 0.200 critical psychological resistance level today on TOP 2 VOLUME. Note that this can be a short term positive where it can trade higher to 0.24 then 0.30 eventually. As long as 0.200 remains as the new support level, we are positive for a reversal with a Bullish Rounding Bottom reversal patter spotted.
Stop loss can be at 0.198 for now.
************* Ezion - Heading towards 1.30 ? price 1.275 (BREAKOUT INDEED SEEN TODAY., PRICE 1.315, WHERE TO NOW ? )
As per yesterday’s call, seems to have cleared above the 1.25 resistance level, this would now be the new support and range to 1.30 first. Any further breakout above 1.30 can pave the way to 1.40 then 1.48 which was the high seen in November last year. Raise stop loss to 1.24 and can continue to ride the upside. Indicators still looking strong especially on yesterday’s price action with 20 day MA also showing a slight reversal upwards finally.
Monday, January 26, 2015
********************* Keppel Land - Congrats to those with the WINDFALL, could the charts have predicted this ? price now 4.55 !!!
Emailed to clients last MONDAY for an entry on a convincing strong volume breakout which shows something may be brewing and TRUE ENOUGH, Announcement was made subsequently !!
23 JAN 2015 - News - Two-tier price approach of base Offer Price of S$4.38 per share and higher Offer Price of S$4.60 per share, to be paid if Kepcorp is entitled to exercise its rights of compulsory acquisition. Offer prices exceed the highest closing price over the past three years. Kepcorp does not intend to revise the Offer Price. Base Offer Price is a fair and compelling offer to Kepland shareholders, amid Kepland's latest financial performance and the current environment. Higher Offer Price is designed to reward Kepland shareholders if Kepcorp is able to privatise Kepland. Offer will strengthen Kepcorp group with sizeable contributions from three business pillars, O&M, property and infrastructure. Expected to be EPS and NTA accretive to Kepcorp..
Friday, January 23, 2015
************************ Potential Rebound: Capitaland - Resistance at 3.40 critical for more upside...... price 3.36, consolidation in progress ( NOW 3.60)
******************* Singpost: Temp resistance breakout above 1.96 can lead to some strength towards 2.00, price 1.965 (NOW 2.06)
********************** Uptrend Stock: CapitaCom Trust - Consolidation on new recent high formed, price 1.875 (NOW 1.93)
Thursday, January 22, 2015
Wednesday, January 21, 2015
******************* Genting SP: back to 1.00 key support, CFD SELL on this breakdown. price 1.015, Watchlist. (NOW 0.99)
Tuesday, January 20, 2015
*********************** Uptrend Stock: CapitaCom Trust - Breaking above 1.80 resistance forming new high can lead to NEW UPWARDS PHASE, price 1.81 (Now 1.84 )
Can it break above 1.00 now? Were you informed along the way……?
From yesterday’s call, NOL has indeed broken above the 0.93 temp resistance level and traded to a high of 0.95. Range would now be higher from 0.92 to 0.95 with 0.92 support coinciding with the 200 DAY LONG term trend line. Seems like a BULLISH REVERSAL rounding bottom pattern in play with resistance broken above AT 0.935 yesterday. A BREAK ABOVE 0.95 can pave the way to 0.98- 1.00 level. Still can consider long positions to ride the upside if 0.95 – 0.955 sellers clears out, and raising stop loss to 0.935 on a breakout to protect profits. J
From previous buy calls, NOL range would be 0.90 to 0.93 as of now. Seems to be still holding above the 0.900 support well on market weakness. A break out above 0.93 – 0.935 resistance would be a positive sign for more strength. This was originally the support from Feb to Aug last year. A bullish rounding bottom reversal pattern seen with resistance at 0.935 too which also coincide with the 200 day LONG TERM MA. Any clearing of 0.93 to 0.94 sellers would be a strong signal. Stop loss can be at 0.885 for long positions
From call last Friday, NOL has not only stage a breakout above the 0.86 resistance level, but today we have also seen it clear the 0.900 psychlogical resistance level on TOP 30 VOLUME. There can still be more upside as long as 0.900 holds as the new support now. Raise stop loss to 0.89 to protect your profits. J You can also see that there is a rounding BOTTOM BULLish spotted which can lead to a reversal. All indicators still looking positive for more room with 20 day ma line also accelerating upwards on this price action. Target can be to 0.94 then 1.00 in the short term.
Friday, January 16, 2015
********************* Potential Breakout further: China Env - Next resistance at 0.200 critical.... price 0.196, WATCHLIST (NOW 0.22)
Breakout indeed seen today. Now at 0.22
After the huge breakout seen yesterday on extremely high volume, it may start to consolidate before moving higher. Support would likely be at 0.180 for now to range of 0.200. At current levels, note that it has broken above the channel resistance line too which has been in control since Jan last year. This can signal a potential reversal. Stop loss can be at 0.178 for long positions. A BREAKOUT above 0.200 can see it trade towards 0.25 then 0.28. All indicators still looking positive with more room to go. Speculative short term play with strict stop loss fyi
Thursday, January 15, 2015
******************* Upside strength may continue: Biosensor: price 0.66, upwards reversal in progress (NOW 0.69)
Can it crossed above 0.700 now ?
Biosensors has shown a tremendous recovery since breaking above the 0.54 resistance about 3 weeks ago. HAS BEEN trading higher forming new highs along the way over the past 2 weeks. Next resistance would be at 0.68, and any breakout can see more upside to 0.70 then 0.75. 20 day MA REVERSING UPWARDS strongly for the first time since June last year with indicators still showing strength. Raise stop loss along the way to ride profits. Stop loss can be at 0.63 now. Has broken above yesterday high today again on volume maintaining.
Tuesday, January 13, 2015
***************** Vard- a series of SELL CALLS, including a LIVE SELL CALL when it broke the 0.585 support yesterday.
Can it touch out target at 0.50 ?
Following up from previous sell call on Vard about 3 weeks back it has broken support at 0.600 and traded downwards gradually. Currently supported at 0.585 for the past 3 weeks already. Be careful of a further breakdown below 0.585 which can see it trade to 0.55 then 0.50. May be a temp rebound only, but as long as 0.63 – 0.64 holds as the resistance, downtrend still intact. CFD SELL further on breakdown to ride more. CLEARING OF 0.58 – 0.585 buyers would not be a good signal fyi.
Vard has consolidated above 0.63 for more than a month and finally we have seen a temp support breakdown yesterday. Dangerously back to the 0.600 psychological support level currently. Downtrend remains intact below the 0.600 level, CAREFUL long positions. Instead, CFD SELL positions further to ride downside to 0.56 then 0.50. Range likely to be from 0.600 to 0.64 now and a negative as long as it trades below 0.65. CFD SELL.
******************* Noble Group: BREAKDOWN OF 1.10 support seen today, issued a breakdown warning yesterday at 10.11am
Monday, January 12, 2015
***************** Ezion - Rebounded from support 1.10, 1.20 psyschological resistance critical for more upside., price 1.205 ( NOW 1.24)
Seems to have CLEARED THE 1.20 PSYCHOLOGICAL RESISTANCE as per mentioned this morning, 1.205 – 1.21 sellers clearing would be a further good sign to move upwards. Raise stop loss to 1.195. J
Ezion has again rebounded from it 1.10 – 1.11 as per prevous call, to a high of 1.19 seen today. Note that any breakout above 1.20 with clearing of 1.205 sellers too can open the way to a potential reversal to 1.28 – 1.30 level. If not still a negative below 1.20 where cfd sell positons can be used to sell near resistance for downside again if oil prices tanked again. Watchlist and note the levels.
Friday, January 9, 2015
*****************Rebound potential: NOL - TRADING CALL ISSUED PREVIOUSLY, now 0.92 - Can it continue its uptrend, BE OUR CLIENT TO FIND OUT !
NOL is back to testing the 0.85 resistance level again after last month attempt and hitting a high of 0.865. More upside to 0.90 then 0.94 if it can cross and stay above the 0.85 – 0.86 immediate resistance level. A Bullish reversal Head and Shoulder pattern seen currently with neckline resistance at the 0.85 – 0.86 level too.. Watch list to see if it breakouts. Both stochastic and RSI looking positive with today price action.
Has cleared temp resistance at 0.82 today, seems like heading towards the 0.85 resistance level as mentioned previously. More upside possible on a breakout above the 0.85 level too which can pave the way to 0.90 fast. Technical indicators looks set for a reversal upwards. Note that at current levels, it has broken upwards above the 20 day MA LINE for the first time since the sell down began in September. However, do note that general long term trend is still down with 200 day sloping downwards still.
Clients were alerted again LIVE ON BREAKOUT through email and SMS ! J
Have kind of broke above the 1.21 resistance level on Top 20 volume today which can see more momentum coming back. Seems like heading towards 1.24 which was the high set in January. As long as 1.20 is a new support now, we are short term bullish and any breakout above 1.24- 1.25 resistance can signal an end to the downtrend phase and a new phase upwards. Note the levels. Stop loss 1.19.