AusGroup: Can it break above 0.120 resistance too as per morning call? Now at 0.119

Fast and furious….. J

Sent: Monday, February 29, 2016 11:26 AM
Subject: ************* AusGroup: More short term upside possibe if it can hold above 0.110 today... price 0.112

We are seeing a move above the 0.110 psychological resistance that has held for about a month, with volume at more than 4 times above average. This is something to note. Any close above can signal some short term momentum towards 0.120 first with the rest of the other oil and gas plays which are recovering on oil prices rebounding. Stop loss can be at 0.107 for any long positions now.

Vard: A BREAKOUT caught this morning LIVE.... now at 0.148.....

Can the 0.150 clear out today too?

Sent: Monday, February 29, 2016 9:28 AM
Subject: ********** Vard: A breakout above 0.140 can be a short term positive, price 0.143

Vard has traded below the 0.140 resistance for about 3 weeks and today we have seen a move above on above average volume. This 0.140 resistance also coincides with the 20 day MA line where crossing above can see a short term trend positive. As long as this 0.140, may see some upside towards 0.150 then 0.160. As longer term trend is still down, good to take profit along the way while raising stop loss. Stop loss for now can be at 0.137.

Yuuzoo: Target HIT at 0.200 indeed...... what now?

Can it cross and stay above, watching closely….. what target next? Congrats to those who choose to take some profit too  J

Sent: Friday, February 26, 2016 9:13 AM
Subject: ************* Yuuzoo: More upside above 0.180 possible, price 0.182

We have again seen the 0.180 key resistance clear out today on top 3 volume, as mentioned, there can be more strength if it maintains above this level now which would become a new support level. Target can be to 0.190 first then 0.200 as per called issued yesterday. As long as 0.180 holds, still bullish in the short term. Raise stop loss upwards to protect profits and scale sell positions along the way to take profit given the rise we have seen over the past few days.

Ying Li Intl: Can it cross our first target at 0.150 now?

Now at 0.147, congrats to those who managed to lock in some, please raise stop loss…. J

Sent: Monday, February 22, 2016 9:59 AM
Subject: ***************** Ying Li Intl: Breakout above consolidation, price 0.143

Ying Li Intl has show a bullish rounding bottom pattern with resistance at 0.140 cleared today on 5x increase in volume. This can be a short term positive with it trading back to 0.150 then 0.160 which was originally the support level it broke down from. Indicators are looking at a reversal at the moment. As long as 0.140 holds as the immediate support now, short term bullish play. Longer term trend still down so good to take profit along the way too.

Yuuzoo: Indeed a BREAKOUT ABOVE 0.180 today ON Strong volume... now at 0.189....

Heading towards 0.200 as per call ?

Sent: Thursday, February 25, 2016 10:53 AM
Subject: ************** Yuuzoo: New high seen on breakout, may consolidate from 0.170 to 0.180 before a further move, more upside above 0.180 possible, price 0.173

From previous call, we have seen ort first target hit today at 0.170 with a high set at 0.175. As mentioned, 0.180 is still a key resistance level to watch which was the original support level it broke down from last month. We may see some selling pressure the moment it nears it so good to take some profit along the way and raise your stop loss upwards. J Note that there can be renewing strength if the 0.180 clears out, with a target to 0.200 possible also…. We may ride more any raise stop loss to 0.178 on a further breakout while protecting our profits.

Singtel: Rebounding from the 3.60 level as per call yesterday..... back to 3.80 again?

Now at 3.69, seeing huge buyers at 3.70 though….

Sent: Thursday, February 25, 2016 9:20 AM
Subject: *************** Singtel: Rebounding from the 3.60 level which seems to hold as support.... price 3.65

Following up from previous call, we have seen Singtel traded back to the 3.60 support level today after some profit taking as mentioned above the 3.75 level. We are seeing huge resistance at 3.80 at the moment which has been holding for more than 2 weeks already. 3.60 also coincides with the 20 day MA line so it may again stage a technical rebound from this level, those looking for a quick rebound can scales some long positions near 3.60 with stop loss at 3.57. However, if it breaks down, one can expect some weakness back to 3.50 then 3.40 where those who want to accumulate again for the longer term can do so again.

Sembcorp Marine: Back to first target support on breakdown below 1.60 as mentioned.... now at 1.51

Can the 1.50 hold too?

Sent: Wednesday, February 24, 2016 9:31 AM
Subject: ************ Sembcorp Marine: Sell down back to key support level, weakness can return below 1.60, price 1.61

From previous call, we have indeed seen Sembcorp Marine traded to above our first target at some profit taking seen as market weakens again. It is now back to the support at 1.60 – 1.61 which is the original resistance it broke out above from last week. Any move below again below 1.60 can see the bears taking control again, where CFD SELL can be used to ride the retracement lower back to 1.50 then 1.40. Longer term trend still weak so good to be cautious for any long positions and take profit along the way while raising stop loss closely. If it maintains above 1.60, a rebound to 1.70 – 1.72 can be possible before it attempts a new move to find a new high at 1.80.

Yuuzoo: TARGET hit at 0.170, heading towards 0.180 still?

As per Monday call issued, indeed a further breakout above 0.170 today with volume still maintaining…. 

Now at 0.173…. congrats to those who manage to lock in some positions…. J

Sent: Monday, February 22, 2016 9:43 AM
Subject: **************** Yuuzoo: Breakout seen above 0.160 a good sign of recovery, price 0.163

Yuuzoo has traded below the 0.160 psychological resistance for more than a month, and today we have seen a break above on strong volume. At current levels, it has also crossed above the 20 day MA line and pulling further away from it with MACD also crossing above the zero mark finally after 2 months. May see more upside towards 0.170 then 0.180 as long as 0.160 holds as the immediate support for now. Stop loss can be at 0.157 for any long positions.. Mid to long term trend still weak so would be good to take profit along the way while raising stop loss. J

UOB: As mentioned, back to key 17.00 support now, price 17.04.....

What’s the plan now?? Buy or sell…..

Sent: Wednesday, February 17, 2016 12:21 PM
Subject: ************* UOB: Still within consolidation with support at 17.00 for now holding, opportunity to accumulate for rebound with stop loss... price 17.26

Following up from previous call, we have indeed seen UOB headed back to the 18.00 resistance before some selling pressure came back. May retrace back to 17.00 again where we can see some short covering on bargain hunting on dips again. For those who have short near 18.00 would be good to cover and scale back some positions near 17.00. This level has been holding for more than a month and looks good for a rebound again as long as UOB maintains above 17.00. Longer term trend is still negative so good to take profit on any rebound back to 18.00 or 18.30. Breaking below 17.00 can see a new multiyear low again towards 16.00 so stop loss for long positions below 17.00.

Spackman: FIRST TARGET HIT ! Breakout seen further above 0.130, now at 0.139

Some profit taking seen yesterday before it dipped and where the accumulate call was issued again…… rebounded to a new high today…. 

Were you notified live?

Sent: Wednesday, February 24, 2016 10:03 AM
Subject: *************** Spackman: Profit taking seen near 0.130.... Still ok above 0.116.

From yesterday’s call, we have indeed seen a rise to near the 0.130 with a high at 0.129 yesterday before some profit taking. There can possibly be some support at 0.116 – 0.118 for now, with it finding a key resistance at 0.130 as mentioned. Those who have already taken profit may accumulate again near support with stop loss at 0.114. A move above 0.130 can see more momentum coming back as volume is still strong.

Global Logistic: Bearish Shooting Star spotted...... then more sell down on call..... now at 1.735...

When to cover back shorts?

Sent: Wednesday, February 24, 2016 9:41 AM
Subject: ************** Global Logistic: Beware of potential reversal lower on close below 1.77.... price 1.76

We has seen some profit taking yesterday on Global Logistic hitting above 1.80, and with it closing lower forming a Bearish shooting star. Any close below the temp 1.76 – 1.77 support can lead to a potential retracement back to 1.70 support level. Given the rise we have seen over the past few days, would be a good time to take some profit along the way too… Only a convincing move above 1.80 will invalidate our short term bearish scenario.

Sino Grandness: Seems like a further breakout as mentioned yesterday !! price 0.455

Heading towards 0.500... ?

Sent: Monday, 22 February, 2016 10:30 AM
Subject: ****************** Sino Grandness: Potential breakout further, price 0.425

Sino Grandness has broke above the key resistance at 0.42 which it has traded below since Nov last year. Looking back further we are also seeing a resistance at 0.44 level so any convincing move above can see a trade to 0.50 then 0.55. Clearing of 0.44 – 0.45 levels can be a further price action confirmation. MACD above zero. In watchlist..

Spackman: As per morning call, indeed a FURTHER MOVE above 0.120, Now at 0.123

Where can it head to? To 0.130 before some profit taking?

Sent: Monday, 22 February, 2016 9:34 AM
Subject: ***************** Spackman: Breakout seen above 0.100 further, mometum can continue above 0.120 next.... price 0.116

Spackman has broken above the 0.110 resistance further today on strong volume, raise stop loss for those who manage to lock in some positions last Friday on the break above 0.100. More upside can continue if 0.120 clears as well, would be good to take profit near this level too. Target to 0.130 – 0.132 which was the original support it broke down from last month.

Trendlines: Can it cross our first target at 0.25? high at 0.24 today before some profit taking....

Congrats to those who managed to lock in some positions last week on the break above 0.200.... J

Sent: Monday, 15 February, 2016 10:01 AM
Subject: ******************** Trendlines: Bullish Rounding Bottom spotted, with a stong volume breakout above 0.200... momentum may continue above... price 0.205

Today we have seen Trendline break above the 0.190 resistance level firmly on above average volume, even the 0.200 stand no chance too. At current levels, it has crossed above the 20 day MA line which can signal a reversal in short trend especially if 0.200 holds as a support now. Target to 0.25 then 0.28 in the short term. As long as 0.200 holds, we are short term bullish, more confirmation on a close above 0.200 today too. Indicators positive and most showing signs of bottoming out and reversing upwards. A bullish Rounding bottom pattern spotted with resistance at 0.200 which it has traded below for about a month. Stock to take note for short term upside, stop loss can be at 0.196 for long position above 0.200.

Singpost: New recent high seen today again at 1.455..... heading to test 1.50 next?

Did you managed to lock in some long positions with us last week? We had a few calls on it  J

Sent: Thursday, 18 February, 2016 9:32 AM
Subject: *************** Singpost: Might start to see some upwards momentum on a break above 1.40, price 1.425

Following up from previous call, we are seeing some buy ups again as it approach its temp resistance at 1.425, clearing above again can see more strength towards 1.45 then 1.50 as mentioned. Strong Volume seen again. Good to raise stop loss along the way to protect profits as we may see some profit taking near the 1.50 again and maybe even a retracement back down.

SIA: Bullish Ascending Triangle pattern spotted with breakout caught last week !!!!

Now at 11.59, can it touch our 11.75 first target as per call issued?

Sent: Thursday, 18 February, 2016 10:30 AM
Subject: ******************* SIA: Breakout seen above 11.25 level, Bullish Ascending Triangle pattern spotted...

SIA has broken above the 11.25 key resistance level that it has stayed below since July last year. This can potentially lead to a reversal back to it previous high at 11.75 then 12.20 next. Has been consolidating with support at 10.80 for more than 2 months and finally a move today on 2.5x of average volume. Ascending triangle pattern spotted with higher lows seen since August last year which can further solidify any upwards reversal.

Global Logistic: Resistance at 1.73 cleared as mentioned, more upside towards 1.80 now? price 1.755

Short term positive above 1.72...

Sent: Thursday, 18 February, 2016 12:17 PM
Subject: **************Global Logistic: Heading back towards key resistance where we may see some selling pressure again.... price 1.69

Global Logistic has been supported above the 1.60 psychological level for more than 3 weeks and today we have seen it stage a pretty good rebound back to 1.70 – 1.72 resistance which has resistance of for 3 weeks too. We may start to see some profit taking and selling as it approaches this levels. Mid to longer term trend still weak for now, but we can see some short term upside momentum on a move above 1.73 where we can expect a trade towards 1.80. Some indicators are pointing towards a reversal but more price action confirmation required. Either way, good to take some profit along the way for any long positions as we are going countertrend.

Sembcorp Marine: Breakout CAUGHT LIVE yesterday..... Now at 1.71 !

Has hit our first target at 1.70, heading towards 1.80 next as mentioned?

Sent: Wednesday, February 17, 2016 12:07 PM
Subject: *************** Sembcorp Marine: Breakout seen above 1.60, can see some momentum, price 1.635

Sembcorp Marine has broken above the key consolidation resistance at 1.60 today after the huge rebound seen yesterday. Those who managed to scale some long positions near 1.40 support yesterday can consider to take some profit on a further push upwards. Clearing above 1.60 can be a good short term reversal signal with resistance turned support at 1.60 now. Range to 1.70, 1.80 then 1.85. Can consider accumulating on dips above 1.60 with indications showing some sign of reversal. Let’s see if it can stay above 1.60 over the next few days. Raise stop loss to 1.58 for any long positions taken yesterday.

Noble: Rounding bottom pattern spotted with a move above 0.34.... short term bullish above 0.35 now....

More upside towards 0.38 next ?

Sent: Wednesday, February 17, 2016 9:33 AM
Subject: ************ Noble: Back to key resistance level, may retrace lower back to 0.30, more upside likely above 0.35 though, price 0.34

From previous call, we seen Noble traded upwards back to the key resistance as mentioned. Resistance at 0.34 – 0.35 for now, and it may still see some selling pressure below this key levels that has held for more than a month. Those who have long previously near support can consider taking some profit here too as longer term trend is still weak. However, note that we are seeing some strong volume buy ups around the resistance and a lift above 0.35 can pave the way back to 0.38 – 0.40 as upwards momentum continues. Good to take profit on quick momentum trades too on a breakout.

STI Direction: Profit taking seen as soon as it approach 2650.... now 2615

Unfortunately, we are seeing some weakness again with STI nearing the 2650 as mentioned in email.... A reversal back down again?

Sent: Friday, 5 February, 2016 10:18 AM
Subject: ************* STI Direction: 2530 level still holding for the STI..... May start to see some selling again as it head towards 2640, now 2596

We have seen the STI rebounded from the 2530 support again over the past few days, and yes, it is back to the 2600 psychological resistance level again. It has crossed above the 2600 several times over the past 3 weeks so nothing to be really excited about. The key now is the resistance at 2640 – 2650 which is has tried but still unable to maintain above a few days or even close above. We can expect to see some profit taking again or more CFD SELL positions to ride the blue chips down as it approaches this level. Long term trend is still down for now so those who manage to accumulate some blue chips on dips previously can consider taking some money off the table for Chinese New Year given the rally with have seen today and also the long weekend where anything goes. Gong Xi Fa Cai! , Have a great times with loves ones J

Sembcorp Marine: Has managed to rebound back to 1.60 and even a break above, more upside?

Now at 1.64, where can be our next target..... 1.85 maybe ?

Sent: Tuesday, 16 February, 2016 9:23 AM
Subject: **************** Sembcorp Marine: Consolidation in a downtrend, still weak below 1.50 for now... price 1.425

Sembcorp Marine has been consolidating above the 1.40 support for more than a week which seems to be holding well, but still unable to cross back above the 1.50 then 1.60 key resistance level for now. Selling pressure seen as soon as it heads towards the 1.50 psychological resistance with longer term moving averages still pointing lower. Any further breakdown below 1.40 again can pave the way to 1.30 which was the low seen last month. CFD Sell can be used to ride the downside back down on any temp rebound to near resistance amidst downtrend or a breakdown below 1.40 support. Those looking to trade the consolidation range can scale some long near 1.40 for a technical rebound like we have seen over the past 2 weeks, but strict stop loss at 1.385.

Mapletree Com Trust: Are we seeing a breakout above 1.40 soon as mentioned?

Now at 1.405, let’s see, seeking out more confirmation...

Sent: Tuesday, 16 February, 2016 11:45 AM
Subject: ***************** Mapletree Com Trust: Potential breakout above 1.40, price 1.385, triple bottom spotted, more confirmation required...

Mapletree Commercial Trust has been trading below the 1.40 psychological support since July last year and finally, it has neared this KEY RESISTANCE again. Have seemed to find a support base around the 1.25 level which has been holding pretty well for more than 6 months. Any further breakout above 1.40 can open the way to 1.48 then 1.55. Current levels also coincides with the 200 day MA line where any upwards move can point towards a trend reversal in the long term. 20 day has just crossed above 100 day MA with both reversing upwards which is a good short term sign. Let’s see, in watch list, entry can be triggered on a breakout.

Singpost: Pushing higher after call issued..... heading towards 1.50?

Well, some buy ups seen on volume, raise stop loss along the way as overall trend still weak in the long term though as mentioned.... now at 1.42, let’s see....

Sent: Tuesday, 16 February, 2016 3:11 PM
Subject: ****************** Singpost: Might start to see some upwards momentum on a break above 1.40, price 1.405

Singpost has been consolidating below 1.40 for more than 2 weeks and today we have finally seen some strong buy up with this 1.40 psychological resistance clearing out too on above average volume. This level also coincides with the 2 day MA line so and move above can also signal short term uptrend. Target can be to 1.45 then 1.50 in the near term as long as 1.40 holds now. Stop loss can be at 1.385 for any long positions. Overall trend is still down in the mid to long term so good to take some profit and raise stop loss along the way.

Wilmar: A Clear Breakout seen above 3.00 as mentioned yesterday, Where to now? Price 3.12

Where should we take profit?

Sent: Monday, 15 February, 2016 3:34 PM
Subject: ****************** Wilmar: Potential Upside above 3.00 now.... In watchlist... price 3.03

We are seeing a breakout above the 3.00 psychological resistance level for Wilmar today with above average volume after trading below for more than 3 months. This can open the way to more strength with a close above 3.00 now. 20 day MA reversing upwards with MACD also just crossing above the zero mark which can signal some momentum. Let’s see if it holds above 3.00 over the next few days, target to 3.15 then 3.20. Stop loss at 2.97 for any long positions.

DBS: Rebounded from 13.00..... at what levels are we taking profit on rebound or selling again...?

Now at 13.44....  More upside before a sell down again back to support?

Sent: Friday, 12 February, 2016 9:30 AM
Subject: ************ DBS: Back to support at 13.00, may be a temp support base for now, price 13.09

From previous call, DBS has rebounded from the 13.00 psychological support level but still unable to cross back above the 13.65 near term resistance now. In fact, range has been brought lower again to 13.45 cap now which was the high over the past 2 days. Today we are seeing a sell down back to the key 13.00 support again with a low seen today at 13.05. For those who have shorted previously would be good to cover back some positions as it approaches the 13.00 to take some profit first. Those looking to long can consider scaling some long positions near 13.00 for a quick trade back to 13.60, but note that longer term trend still weak for now so stop loss on a break down below 13.00 which can see it find a new low towards 12.40 next. CFD SELL can be used to ride the retracement lower on any rebound seen near resistance at 13.60.

Capitaland: Heading towards 2.70 as mentioned, more weakness below again ? price 2.82

Indeed the 2.90 did not hold…. Trend weak below this now….

Sent: Wednesday, February 10, 2016 9:29 AM
Subject: ********** Capitaland: A short term negative with more selling likely below 2.90 too.... price 2.93

Capitaland has rebounded towards the 3.10 resistance 2 weeks back but more selling seen again as it trades back down to support at 2.90 – 2.92 now. A rounding top pattern seen with support currently at 2.90, any further breakdown below 2.90 can see more selling as mentioned towards the 2.80 then 2.70. 20 day MA line has crossed below the 100 day MA line which can signal a downward trend taking shape.

SingPost: Neared the 1.40 resistance last week..... BUT more sellling again as it approached.... now at 1.34

Range still from 1.30 to 1.40 now…. Trend still negative below 1.40….

Sent: Friday, January 29, 2016 9:44 AM
Subject: ********* SingPost: Sell down then rebounded from 1.30 level... where to.... price 1.33

From yesterday’s call, we have indeed seen Singpost traded towards the 1.30 support level and a slight rebound from there. Those who have shorted along with us, I hope you have already scale back some long positions to cover as it nears the 1.30 support. As mentioned, this 1.30 support should hold in the short term and is a pretty good support given that it has held from Jan to Mar 2014. Resistance would now be at 1.35 – 1.38 and any temp technical rebound may face some selling again as it approaches this level. As long as 1.40 is a resistance, we are still short term bearish and would continue to ride the DOWNSIDE back down with CFD positions as it nears this resistance now. With a buy stop loss lowered to 1.415. A break down below 1.30 firmly with a close below can see it trade towards 1.10 then 1.00 where it may start to find a new consolidation again. We Shall see as it goes.

Ezra: Selling seen at 0.050..... more downside? price 0.050

Can this support hold today too?

Sent: Wednesday, February 03, 2016 9:17 AM
Subject: ********* Ezra: Potential breakdown below 0.050 now, new low seen again, price 0.052

From previous sell call, Ezra has still maintained below the key 0.060 psychological resistance level and unable to cross above with bears still in control clearly and taking it lower. Today we have seen a breakdown of the temp support at 0.053 which was holding for about 2 weeks. Likely to head towards the 0.050 and test this critical support level. Any further breakdown will see us increasing our CFD SELL positions and lowering buy stop loss to ride the weakness. No one knows how low it can go, so for now, let’s just ride the downtrend.

Sent: Tuesday, January 26, 2016 9:14 AM
Subject: ********** Ezra: Potential breakdown below 0.055 now, target to 0.050, price 0.056

Following up from previous breakdown call, we have seen a breakdown indeed with a temp support at 0.055 over the past few days. Today, we have seen it attempt a breakdown below this 0.055 temp support, which can see it trade towards 0.050 then 0.040 next. Downtrend intact and weakness can continue with resistance at 0.060 – 0.062 for now. CFD SELL can be used to ride downside further on a breakdown. MACD still negative, no reversal in sight as yet.

DBS: Indeed a breakdown below 13.50, new multiyear low today at 13.07 before a quick rebound.....

Trend still looking negative with resistance again lowered to 13.66 now…. Support at 13.00 for now as mentioned….

Sent: Tuesday, February 02, 2016 11:56 AM
Subject: ************** DBS: Back to 13.50 key support for now, price 13.52

Following up previous call, we have indeed seen a rebound from the 13.50 support over the past few days but as soon as it crossed above 14.00, the bears came back. We are now back to the 13.50 support again. Note that any firm breakdown below the 13.45 – 13.50 level can see a new multi year with more selling likely as mentioned. For those looking for a quick rebound back to 14.00 like we have seen, you can consider long positions BUT please have a plan to stop loss at 13.44 probably in case of a breakdown. Still weak below 14.50 key resistance level. We may increase CFD SELL positions to ride the downside lower on a firm breakdown again below 13.50, with downside target at 13.00 first.

Singtel: Target hit at 3.70 before some profit taking.... what a run seen today......

A reversal in the making?

Sent: Friday, February 05, 2016 11:47 AM
Subject: ************ Singtel: Broke above the key 3.60 resistance surprisingly, may start to see some upward momentum above now, price 3.62

Singtel has staged a pretty impressive rally back to the key 3.60 resistance and has even broke above on top 2 volume today. Staying above now would be a good sign and can lead to any reversal back up to 3.75 then 3.90. At this level, it has pulled away from the 20 day MA line with price action confirming it further. Indicators are also looking strong and trending upwards. Stop loss at 3.57 for any long positions for now.

Ascendas-hTrust: Potential breakout above 0.800 as mentioned 2 days back?

Now at 0.805!!!! Monitoring closely !!!

Sent: Wednesday, February 03, 2016 1:14 PM
Subject: ************* Ascendas-hTrust: Nearing key resistance, potential breakout above 0.800, volume strong... price 0.77

Ascendas-hTrust has traded back to the KEY 0.77 resistance level which has held since November 2013. It has tried to cross above once in July 2014 and last month but both times unable to do it. Today, we have seen some really good volume, a close above 0.77 today would be a good signal for entry and of course if the 0.800 psychological resistance clears out too. Target to 0.85 next on a move upwards. In watchlist. Immediate support would be at 0.74 for now. 100 day MA line about to cross above the 200 day ma which can lead to a potential reversal upwards finally.

Global Logistic: A few sell calls made since last week...... not good.... 1.60 hit today....

Next to 1.50? Hopefully the 1.60 holds for a while, if not……. Let’s ride more…… J

Sent: Monday, February 01, 2016 10:47 AM
Subject: ************ Global Logistic: Potential move towards 1.60 if the 1.64 fails to hold again... price 1.65

We are still seeing some selling in Global logistic as it crossed above the 1.70 resistance briefly last week but unable to stay above. As long as it trades below 1.70, we can still see more weakness towards the 1.60 then 1.50 as mentioned. Would increase CFD SELL positions on a further breakdown below the 1.60 now with strong volume seen on the move down.

Sent: Thursday, January 28, 2016 11:41 AM
Subject: ************* Global Logistic: Sell down seen to new low with some support at 1.64... price 1.65

Following up from previous breakdown call last week, we have indeed seen the breakdown of the 1.80 psychological support and the 1.70 did not hold too yesterday on a quick sell down which was our next target. The consolidation range has been lowered now from 1.64 to 1.70 and it is still negative with the 1.70 as the immediate resistance now with downtrend intact. CFD SELL can be used to ride the downside more on any temp technical rebound near to 1.70. A potential break below 1.64 – 1.65 can see it trade to 1.60 then 1.50 with all moving averages all pointing lower still. We may start to see some stong short covering as we approach the 1.50 level as that was the key support in Oct 2011 before we saw a strong rally. A move below 1.50 would see a new low and more downside likely too so cautious long position.

Noble: Yes, indeed some selling seen as soon as it approaches 0.34 resistance......

Back down again as per Monday morning note….. price 0.29, question is how long the 0.26 – 0.27 can hold ?

Sent: Monday, February 01, 2016 11:43 AM
Subject: ********** Noble: A slight rebound from 0.27 support.... still unable to close above 0.34 next resistance... price 0.31

Noble has rebounded from the 0.26 – 0.27 support level over the past 2 weeks above the 0.30 psychological resistance level too. It may face more selling with resistance at 0.32 – 0.34 for now, with trend still negative below the 0.38 new resistance ultimately. Those who have already cover short positions last week, can consider more cfd sell on any slight rebound to ride the downside again. 20 day MA line still sloping downwards firmly resisting any upward move and pulling further away from the 2 longer term moving averages. A potential breakdown below 0.26 – 0.27 can still occurs if market were to weaken more.

DBS: A breakdown below the 13.50 level as mentioned, now at 13.21

Where should take some profit from the downside? Let’s see…

Sent: Thursday, January 28, 2016 9:21 AM
Subject: **************** DBS: Break down to new recent low again, may see some support at 13.50....

As mentioned in previous call, it seems that the temp support at 13.80 did not hold and yes, we are back down to the 13.50 support level which would provide some relief for now. Looks set to head towards the 13.00 psychological support which was holding well in June 2012 more than 3 years ago if it were to break below 13.50 again. Trend still looks with 20 DAY MA line pulling further away from the 2 longer term moving averages. Lower buy stop loss for any cfd sell positions to protect profits.

ST Engineering: Don't look good below 2.80 as mentioned.... cautious long.....

Let’s see if the 2.70 holds for now…. Now at 2.73 already….. pretty fast sell down spotted….

Sent: Tuesday, February 02, 2016 9:39 AM
Subject: ******************** ST Engineering: Broke down below 2.80 support, more selling on a close below likely.... price 2.78

ST Engineering has been supported above the 2.80 level since August but today we have seen it break below this support on above average volume. Longer term moving averages are still pointing lower with downtrend intact now below 2.80 especially. Next support at 2.70 now. As long as 2.80 is a resistance now, we can still expect more weakness on this move with a Bearish head and shoulder pattern seen too. 2.60 was the low seen in Dec 2011 so it may try to head towards that level of the 2.70 fails to hold too… cautious long below 2.80 now with indicators also starting to trend downwards

STI Direction: Unable to stay above 2600... with 2640 still as key resistance...... still weak.....

Back to 2584 now after a slight rebound yesterday….. Let’s see if more selling towards 2530 which is the 2 weeks low…..

Sent: Friday, January 29, 2016 11:21 AM
Subject: ********** STI Direction: Rebounding from KEY SUPPORT level for the whole market..... trend may still be weak below 2600 though... now 2587

Following up from last week STI DIRECTON note, we are still seeing STI unable to cross above the 2600 psychological level. From the daily chart, we still look weak below 2600 – 2640 with moving averages all pointing down firmly. Some pretty good support found for now at 2520 – 2530 which also coincides with the 200 MA LINE for the monthly chart. Note that this was the level that was holding in September 2011 before it rebounded so we are sitting at quite a good support level. May consolidate from 2530 to 2600-2630 for now in wait of clearer direction from other key markets like US and China. A breakdown below the 2500 – 2520 level would further confirm out downtrend in the short to midterm where we may see more selling pressure in all blue chips and banks again. Other than that, still ok, at least for now.

UOB: Selling pressure seen as it approach 18.30 resistance AS MENTIONED yesterday morning!!!

Now at 17.47, indeed a sell down seen again as market weakens today again….. Did you have CFD SELL positions ready?

Sent: Monday, February 01, 2016 10:22 AM
Subject: ************** UOB: Selling pressure seen as it approach 18.30 resistance.... short term bearish below still.... price 18.06

Over the past 2 weeks, we have seen UOB rebounded from its temp support at 17.00 when world markets recovered slightly. It has now traded back above the 18.00 psychological resistance but as soon as it approached the 18.30 supported turned resistance, we are seeing sellers coming back again. High today was 18.26 before some profit taking seen. As trend is still negative in the mid to long term with moving average pointing lower, would be good to take some profit near 18.30. CFD SELL positions to ride the downside for any trade back down to 18.00 then 17.00 can be used, but with buy stop loss above 18.40.

Yangzijiang: BUY UPS seen right after call........ now at 0.995....

Do you think the 1.00 KEY Psychological level can clear out? We would like to take some profit first  J

Sent: Monday, February 01, 2016 11:59 AM
Subject: ************** Yangzijiang: Some short term upside possible on the break above 0.95 resistance, but note next resistance... price 0.96

Yangzijiang has traded below the 0.95 resistance for more than 2 weeks, and today we have seen an above average volume on the breakout above 0.95 resistance. This can see some short term momentum on this price action with indicators also starting to reverse upwards. However, note that the next KEY resistance is the 1.00 level which was originally the support it broke down from last month with longer term trend still weak. So good to take profit on any long positions as it trades towards the 1.00 where we would expect some selling again, probably back down. We may even lock in some CFD SELL scaled in as it approaches the 1.00…. for now, a short term positive with 0.95 as the support….

Singtel: Rebounded from the 3.40 support again.... price 3.52

Well, still in consolidation phase, why not make use of it….. J congrats to those who managed to lock in some for rebound last week as mentioned

Sent: Tuesday, January 26, 2016 9:52 AM
Subject: ********** Singtel: Back to 3.40 key support again on profit taking.... price 3.42

Following up from previous rebound call, we have seen Singtel rebound from the 3.40 level yesterday but as soon as it breaches the 3.50 resistance, selling pressure started to come back with profit taking again. It is now back to the 3.40 level which has held since Jan 2013 and tested several times so this would still be a rather good support for now. Those who have shorted as mentioned on rebound can consider covering some shorts near this support. Can have long positions above the 3.40 level to ride any temp rebound as long as it holds with stop loss below as trend is still negative for now with moving averages all pointing lower and prices below.