Genting Sing: Downside target hit and some short covering expected, but worst may not be over Price 0.87

Following up from previous blog post about 2 weeks back >> http://singaporetradinginsights.blogspot.com/2018/10/genting-sing-more-selling-happening-as.html

Seems like we have hit our downside target at 0.88 over the past few days where some short covering is seen…

Sellers started to push it down lower towards 0.85 where we may see some consolidation from 0.85 to 0.90 before more direction again..

The worst may not be over if we spot more bearish price actions below 0.85 too…

See downside targets that were reiterated again last week.. hit!

The downtrend still looks firmly intact for now, especially below 0.900.

From the PTI system, the bearish signals still not showing any exits...

Note that the previous low we have seen in 2016 was at 0.65 – 0.70, so we may be attempting to head towards there before some good bargain hunting returns again..

Want to know the strategy behind riding the weakness with target playing out as drawn and hit?

Attend the LAST free workshop on Sat, 3rd Nov 2018 at 2pm, REGISTER HERE..

Yanlord: Downtrend still continuing as predicted it seems... Price 1.18. System?

Just about 2 weeks back, we spotted some bearish price actions in Yanlord with it breaking the 1.40 level…

There were already some signs of weakness in this counter with the downtrend taking shape..

And the thing is, we got a Bearish signal from the system too..

Hence, some downside targets were drawn too, towards 1.30 first then to 1.10.. see what I mean…

                                                

Just last week, we saw our 1^st target and support at 1.30 giving way too..

And a slight rebound from short covering but still we expected the downtrend to continue…

Again, targets were reiterated to the downside as seen below to 1.20 then 1.10 finally..

Today, we are seeing more bearish price actions again with it breaking the 1.20 level…

See where we are now below..

Target at 1.10 still on tracked and we may see some short covering near there again and potentially a slight rebound…

There are still no exits on the bearish signal we saw on the system 3 weeks back…

So you want to be careful if you are holding, especially below 1.20 now..

Want to know how we get alerted to danger counters like these and profit from the downside with a system to notify and guide us?

Attend the LAST 2 FREE workshops for the year next week…

Click here to see Joey’s Blueprint Live.

Best World: Strong despite market weakness... Price 1.70. Targets?

Just last Friday, we spotted some actions with Best World approaching the key 1.50 level…

There were some signs of strength with buyers attempting to break that..

Finally on Tuesday, we saw a firm move above with buyers ruling throughout the day…

1^st target has already hit but seems like the 2^nd one may be on tracked if we can hold above 1.70 now..

Despite market weakness today, we are still seeing strength in this stock with it pushing higher towards our 2^nd target…

Some profit taking expected near 1.70 for now which is normal given the spike…

May see some selling pressure but upside towards target may still be on tracked…

Watching…

Also, system wise, we actually had some bullish signals recently… want to know why it came out?

Attend the LAST free live workshop next week by clicking here…

Memtech Intl: Selling lower for now... Price 0.755. System says?

Just last week, we have seen Memtech Intl breaking the 0.84 support and there were already some signs of weakness..

Indicators were looking weak and seems like sellers were still not giving up to take it lower…

Was expecting some buying pressure coming back at 0.800 but likely for that not to hold too..

See downside targets that were drawn…

Over the past few days, seems like we have seen a firm break down below the 0.800 level indeed…

And sellers are regaining control for this counter firmly..

Downside targets are still playing out and may be revised lower too on more bearish actions…

More importantly, we actually had a BEARISH 1GT Signal on the PTI System recently…

Already a 14.2% downside from the signal and the thing is…

There are still no exits for that…

See what I mean below..

Want to know how to profit from the upside or downside using a system to alert you and guide you?

And more importantly, know the strategy behind these signals?

Attend the last workshop for the year next week, click here to secure your seat…

OCBC: Selling back down as per targets.. Price 10.62. Is the worst really over?

Over the past few days, we have seen Dow Jones rebounding by more than 500 points BUT only to be met with more selling..

The 3 banks too has rebounded but then the profit taking came back…

For OCBC, some selling pressure were expected near the 11.00 level where a potential retracement back south can happen again…

These were the levels where they broke down from last week…

See the downside targets that were reiterated again over the past few days…

The downtrend may still be intact for OCBC if we are capped below 11.00 for now, so any rebound can be met with some profit taking…

Today, we are indeed seeing some selling coming back after the temp rebound…

May see OCBC heading towards the 10.50 level again where we may attempt to push lower.

Would not rule out more weakness towards our 2^nd target on more bearish price actions below 10.50…

Attend a free workshop to learn more where to get in and maybe the BEST ZONES to ride the weakness?

Click Here to Register Before We Fill, Last sessions for the year…

Moya Asia: Downtrend may still be intact.. Price 0.075. Cautious if holding...

We have seen the downtrend for Moya Asia taking shape since last month when we broke the 0.090 level..

Some downside targets were drawn then towards 0.080 and we have indeed sold down..

See the whole picture first…

Over the past week, we have seen our target as above broken too and hence more downside still possible..

Targets were revised lower last week and seems like we are seeing some support around 0.074 for now…

More bearish price actions below this level can see the selling continue…

Want to know how to profit from the weakness in stocks and ride the downtrend as it plays out?

Last Few Live workshops for the year just opened…. 

>> http://bit.ly/JoeysBlueprint

Interview with FX Star Trader Karen Foo

Just 2 weeks back, I was invited to share in an interview with fellow Singaporean FX Star Trader Karen Foo.


It was a great session where we talked about the markets and she asked me questions on how one can seek to trade the stock market more profitably...


Her forte was on FX and mine was mainly on stocks so there were lots of pointers to learn from one another...


I would say that despite the different asset classes, the same core fundamentals still applies when trading.. 


In our short chat, I share about my personal story and also the common mistakes that most retail traders make and how not to commit them.


Do check it out and here is the link on Youtube if you would like to watch the full interview, about 10 mins long: 


>> http://bit.ly/KarenWithJoey



Be sure to also subscribe to Karen's Youtube channel where she invites many amazing guest and experts to share their experiences too.

China Sunsine: Support broke! New phase down? System says... Price 0.97

Following up from previous blog post 3 weeks back>> http://singaporetradinginsights.blogspot.com/2018/09/china-sunsine-cautious-more-selling-if.html

We have seen some short covering near 1.00 and a rebound from this level..

From the system we actually had an exit on the bearish signal then it rebounded…

But then, a NEW BEARISH Signal came back again..

See what I mean on the system…

We have seen more selling from this signal and yes the 1.00 critical support broke down as well yesterday on market weakness…

Likely to see sellers gaining back control again especially if we stay below 1.00 now…

Downside can be to 0.90 then 0.84 as drawn or when we see another exit on the bearish signal..

Let’s see…

Want to know how we use a System to alert us and also guide us on entry and exit in Not just the upside but also the downside??

Click here to Attend a Free workshop.

See where we are now below…

Genting Sing: More selling happening as per targets... Price 0.965

Over the past few weeks, we have seen Genting Sing approaching the 1.00 level dangerously..

There were some signs of the downtrend taking shape and hence a potential break down of this level..

Downside target can be to 0.88 as drawn recently…

See what I mean below..

Seems like we have convincingly broken this 1.00 level today where more weakness can follow through….

Cautious long…

From the PTI System, yes, we actually had some bearish signals recently…

And then the move came..

Still no exits…

So downside as per targets reiterated below may still continue…

Want to know how to ride the weakness and profit from the downside too with a Blueprint and System?

Attend a FREE Live workshop, Register here, Last Session on Sunday 10am.

Thaibev: Downtrend may still be intact, cautious more selling. Price 0.67

Just last week, we have seen Thaibev rebounding above 0.700 but hitting a road block at the 100 day MA line…

And also still being capped below the channel resistance line…

There were some bearish price actions spotted and hence some downside targets drawn as seen below…

We are nearing support at 0.66 now where some buying ..

But would not rule out more selling on more bearish actions seen…

Where our target can still play out….

To 0.60 potentially….

Want to know how to accurately pick the direction of stocks as it plays out?

Attend a free LIVE workshop this Sunday… last few seats….


Click here to Secure Your Seat While Its Still Available....

Lian Beng: Upside Reversal just beginning? Price 0.555

Over the past few days, we have managed to see some strength in this counter Lian Beng…

It was consolidating below the 0.53 resistance for more than 3 months with sellers defending it and always pushing lower…

But somehow, over the past few days, they gave up…

We also had a BULLISH SIGNAL on our system and inner circle was alerted..….  

And then the move happened….

Some targets were also drawn to the upside as seen below…

Our first target would be at 0.58 first ….

But after that, targets may be revised higher… Let’s watch for more actions and a potential reversal to the upside further..

Want to know what signal we got and how we were alerted?

Last LIVE workshops for the year 2018 to See my Explosive Strategy that Can Reap Potential Double Digit Returns in Months, sometimes weeks! 

Click Here to Register Now if You Have Not Yet.

Cityneon: Target Hit but still watching for Next phase if any. Price 1.25

Just 2 weeks back, we have spotted some strength in Cityneon with it holding quite well above the 1.15 support..

The short term upside looks really firm with buyers coming out on dips..

There were also some bullish signals that we got from the system which alerted us to this counter in the first place..

Hence some upside targets were drawn towards 1.25…

Over the past few days, we have indeed hit our first target 1.25 and some profit taking seen for now…

Normal given the run we have seen in Sept… See where we are below now…

Awaiting more specific price actions above 1.25 where targets may be revised higher which can potentially play out…

Still seeking more confirmation with buyers taking a breather for now… No exits on bullish signal on system yet…

Would also want to be careful of any retracement back to 1.2- then 1.10 which happened in Oct last year…

Want to know how we spot stocks and get in and out of them with the highest potential?

Discover the “6-Step” Blueprint  in a LIVE WORKSHOP as to how to approach any single stock right from the beginning just by pulling out a chart.

Click here to learn more, last few seats for Next week.

YZJ Shipbldg: 2nd target hit too, selling normal for now.. Price 1.24, watching for next move!

Following up from previous blog post for YZJ Shipbldg > http://singaporetradinginsights.blogspot.com/2018/08/yzj-shipbldg-target-hit-but-more-upside.html

There were some profit taking near 1.15 and we have seen YZJ Shipbldg retraced lower and found a new support at 1.05 last month.

Some upside rebound targets were drawn about 3 weeks back as we spotted some bullish price actions near 1.05…

And indicators were also looking positive in the short term…

See what I mean…

Over the past 2 weeks, we have indeed traded higher and breached the 1.15 temp resistance…

Seems like even our 2^nd target at 1.25 has been ALMOST hit TODAY with a high at 1.24..

Note that we would expect some profit taking near here so one can also consider locking some profits and more importanly protect them..

Not sure how?

Attend a FREE Workshop to find out how we spot counters and draw targets even before it starts playing out, few seats left…

See targets there were reiterated again last week… HIT !

Would be watching out for more actions to see if the reversal can continue further… 😉