Wednesday, July 17, 2024

𝐂𝐡𝐚𝐫𝐭 𝐏𝐚𝐭𝐭𝐞𝐫𝐧𝐬: 𝐀 𝐒𝐢𝐦𝐩𝐥𝐞 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐲 𝐓𝐡𝐚𝐭 𝐀𝐜𝐭𝐮𝐚𝐥𝐥𝐲 𝐖𝐨𝐫𝐤𝐬 (𝐏𝐚𝐭𝐭𝐞𝐫𝐧𝐬 𝐓𝐡𝐚𝐭 𝐀𝐜𝐭𝐮𝐚𝐥𝐥𝐲 𝐖𝐨𝐫𝐤)

 

In today's video, we're diving into Chart Patterns: A Simple Strategy That Actually Works. If you've been searching for reliable patterns that deliver consistent results, you're in the right place.

 

Chart patterns provide valuable insights into market psychology and potential price movements.

 

By mastering these patterns, you can enhance your trading skills and make more informed decisions.

>> https://youtu.be/1PYH2zR6aXk

 

 

 

So what are my TOP 2 patterns I always try to spot everyday.

 

ALSO, 4 SG Stocks Revealed as Case studies. Watchlist THEM! 😎👍

 

Discover them here >> https://youtu.be/1PYH2zR6aXk

 

 

 

 

Friday, July 12, 2024

𝐈𝐬 𝐓𝐡𝐢𝐬 𝐭𝐡𝐞 𝐒𝐭𝐚𝐫𝐭 𝐨𝐟 𝐚 𝐌𝐚𝐣𝐨𝐫 𝐁𝐮𝐥𝐥 𝐑𝐮𝐧 𝐟𝐨𝐫 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞'𝐬 𝐒𝐓𝐈 𝐈𝐧𝐝𝐞𝐱? 🐮📈

 

In this video, we dive deep into the Singapore Straits Times Index (STI) to explore whether we are on the verge of a major bull run.

 

With signs of trend indicators turning up in the last month and breaking a key level over the past week, this can be something meaningful.

 

Where can we potentially head to?  >> https://youtu.be/jxfZPG0zHoo

 

 

🔍 In This Video:

  • Comprehensive technical analysis of the STI Index.
  • Key resistance levels and why their breakthrough is significant.
  • Historical context of STI's performance over the past 2 years.
  • Indicators and trends that suggest more upside potential.
  • Strategic insights for swing and position traders.

 

💡 Why Watch?

  • Understand the technical signals pointing to a potential bull market.
  • Learn how to leverage this information for your trading strategy.
  • Stay ahead of market trends with expert analysis.

 

🔥 Key Topics Covered:

  • STI Index technical analysis
  • Resistance and support levels
  • Trend indicators
  • Swing trading strategies
  • Position trading insights

 

Find out here >> https://youtu.be/jxfZPG0zHoo

 

 

 

Thursday, July 11, 2024

🚀 𝐁𝐮𝐲 𝐍𝐯𝐢𝐝𝐢𝐚 𝐀𝐟𝐭𝐞𝐫 𝐒𝐭𝐨𝐜𝐤 𝐒𝐩𝐥𝐢𝐭? 𝟐𝟓% 𝐔𝐩𝐬𝐢𝐝𝐞 | 𝐍𝐕𝐃𝐀 𝐒𝐭𝐨𝐜𝐤 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬

 

Nvidia (NVDA) has been one of the best performing Artificial Intelligence stocks in the US market since beginning of 2024.

 

With it undergoing a 10 for 1 stock split last month where prices are much more affordable,

 

can we see more upside?

 

Watch this video to the end as I share some of the news flow, analyst target and also how it looks on the charts.

 

>> https://youtu.be/DkbPGV-CdZo

 

 

 

 

Monday, July 8, 2024

Thai Stock Whispers: SGX's Hidden Gems for Trading Success

 

Have you ever wondered how you can take a position in some of the Top Thailand companies listed on the SET, without the hassle and additional cost of buying the stocks directly there?

We can take a position in some of the Top Thailand companies like any other stocks listed on the Singapore Exchange.

We can buy what is called Singapore Depository Receipts, in short, SDRs.

SDRs are instruments representing beneficial interest in an underlying security listed on an overseas exchange and are issued for trading on the securities market of the Singapore Exchange by an intermediary, SDR Issuer, on an unsponsored basis.

It will enable SGX investors to expand investment horizons to overseas listed companies in a simple and cost-efficient manner.

So, with the launch of 3 Thai Underlying SDR as at end May 2023, traders and investors in Singapore can now invest in such Thai companies just like any Singapore stocks listed on the SGX with the same settlement procedures and SGD traded currency.

Beginning April 2024, 5 new Thai stocks have been added so there are a total of 8 Thailand stocks that you can take a position now through SDRs.

I will be analyzing the charts of the top 4 underlying Thailand stocks out of these 8 stocks in my opinion one can take a position on as of today.

Will touch on how one can buy the SDRs traded on the SGX easily and the potential target price based on current price levels.

 

The 8 underlying Thai stocks listed in the SET and their codes are:

No.

Underlying Thai Stocks Names

Codes on SET

Codes of Thai SDR on SGX

1

Airports of Thailand

AOT.BK

TATD

2

PTT Exploration & Production

PTTEP.BK

TPED

3

CP All

CPALL.BK

TCPD

4

Advanced Info Service

ADVANC.BK

TADD

5

Siam Cement Group

SCC.BK

TSCD

6

Kasikorn Bank

KBANK.BK

TKKD

7

Gulf Energy

GULF.BK

TGED

8

Delta Electronics

DELTA.BK

TDED

 

1) PTT Exploration & Production (PTTEP.BK) is a leading oil and gas exploration and production company in Thailand and is a top Blue chip on SET with the top 10 weightage.

PTTEP.BK has seen some weakness in the past month with it slowly trading back towards its 148 (S$5.48) support. We have been holding above this level since March 2024 when some bargain hunting returned.

With the 20-day moving average green line still pointing down for now, it can mean that the short-term trend is still down.

One can wait for prices to stabilize above this support with the short-term trend flattening out at least or some bullish reversal candles first before any entry.

A potential rebound can occur all the way to 168 (S$6.22) resistance level where it has retraced lower since last year. Need to see a firm break above this level for a reversal towards 180 (S$6.66).

One can consider entry above 148 (S$5.48) on any slight dips near it if the support holds. Would be good to have a stop loss level at around 142 (S$5.25) to get out in case we fail to hold above 148 (S$5.48) support.

So how does one take a position in PTT Exploration & Production from the SDR traded on the SGX?

Well, you can take a position in this SDR, which is named PTTEP TH SDR (TPED), currently priced at S$5.61.

For an entry near 148 (S$5.48)  to ride to 168 (S$6.22), we are looking at about 13% potential upside as per targets.

 

2) Advanced Info Service (ADVANC.BK) Largest Telco in Thailand.

ADVANC is still seeing a firm resistance at 212 (S$0.78) over the past 4 months that it has not been able to break above.

Can see that we have experienced several slight retracements as prices head towards this resistance. An inverse head and shoulder pattern spotted which as well can point towards a reversal up if this same 212 (S$0.78) neckline resistance is broken.

Any firm break above this key resistance can open the way finally to more upside as it retests its previous high at 225 (S$0.83).

The 20-day moving average green line has started to point up over the past month, which shows that short term trend has turned positive. However, as mentioned, we still need to clear the resistance at 212 (S$0.78) first for now before the uptrend can continue.

So how does one take a position in ADVANC from the SDR traded on the SGX?

Well, you can take a position in this SDR, which is named Advanced Info Service (TADD) currently priced at S$0.775. On any firm move above 212 (S$0.78) on above average volume, one can consider taking a long position to ride towards 225 (S$0.83).

Would be good to have a stop loss level at below 205 (S$0.75) to get out in case the new support fails to hold. Note that for ADVANC, there is a ratio of 10 SDR to 1 underlying stock, so the conversion from Thai bath to SGD will be to times 0.037 then divided by 10.

 

3) Delta Electronics (DELTA.BK) is the largest company listed on SET, beneficiary of structural trends of EV adoption and data centers.

DELTA.BK has finally broken above the 80 (S$2.96) resistance over the past 2 weeks. This was a key level that we have traded below since Feb 2024 so any move above can be meaningful and can mean strength.

With prices breaking above 80 (S$2.96), the 20-day moving average line has also started to slope up more aggressively as the short-term trend points up. 80 (S$2.96) would now be a new support where some bargain hunting has appeared and where one can consider locking in some positions to ride the reversal.

The upside target can be towards 95 (S$3.52) where we saw some selling in Dec last year and where some profit taking can occur. With price holding above 80 (S$2.96), may gradually see the longer-term trend turn up with the 100-day moving average potentially crossing back above the 200-day moving average.

So how does one take a position in Delta Electronics from the SDR traded on the SGX?

Well, you can take a position in this SDR, which is named Delta TH SDR (TDED) currently priced at S$3.13.

One can consider entry above 80 (S$2.96) on any slight dips near it if you see any bullish reversal candlestick near this new support. We are looking at a 17% potential upside as per targets to 95 (S$3.52) first.

Would be good to have a stop loss level at around 75 (S$2.77) to get out in case we fail to hold above the support.

 

Footnote: Currency conversion used from THB to SGD is 0.037.

 

 

Thursday, July 4, 2024

𝐑𝐞𝐯𝐞𝐚𝐥𝐞𝐝: 𝟐 𝐓𝐨𝐩 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞 𝐓𝐞𝐜𝐡 𝐒𝐭𝐨𝐜𝐤𝐬 | 𝐓𝐚𝐫𝐠𝐞𝐭𝐬 𝐑𝐞𝐯𝐢𝐬𝐞𝐝 𝐛𝐲 𝟏𝟔%

 

With the Federal Reserve potentially cutting rates soon as we head into the 2nd half of 2024,

 

we have continued to see strength in the Tech sector.

 

Specifically, any stocks with exposure to AI.

 

What about some top Singapore tech stocks to watch and ride more upside?

 

Watch this video to find out >> https://youtu.be/pNHlB_EtWH8