Friday, July 31, 2020

𝐃𝐁𝐒, 𝐔𝐎𝐁, 𝐎𝐂𝐁𝐂 - 𝐒𝐞𝐥𝐥𝐢𝐧𝐠 𝐃𝐨𝐰𝐧 𝐛𝐲 𝐌𝐨𝐫𝐞 𝐭𝐡𝐚𝐧 𝟓% 𝐢𝐧 𝐉𝐔𝐒𝐓 𝟏 𝐃𝐀𝐘! 𝐒𝐞𝐫𝐢𝐨𝐮𝐬𝐥𝐲? (𝐓𝐢𝐦𝐞 𝐭𝐨 𝐁𝐮𝐲 𝐍𝐨𝐰?)

As the market opened on Thursday, right away we started to see the 3 SG banks all suffering from heavy selling..

Sellling down by more than 𝟒% 𝐭𝐨 𝟓% 𝐢𝐧 𝐚 𝐦𝐚𝐭𝐭𝐞𝐫 𝐨𝐟 𝐡𝐨𝐮𝐫𝐬 and dragging the STI down by more than 40 points too.. 😲

So what is Happening and Why the Huge selling pressure suddenly?

Well, there was something that 𝐌𝐀𝐒 𝐚𝐧𝐧𝐨𝐮𝐧𝐜𝐞𝐝 on Wednesday night that is good for the banks BUT...

𝐌𝐀𝐘 𝐍𝐎𝐓 𝐛𝐞 𝐬𝐨 𝐠𝐨𝐨𝐝 𝐟𝐨𝐫 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬,, 😬

Watch this video to see what it is.

More importantly, I have a lot of clients messaging me and my team the whole day asking if it is time to enter now again.. 👀

Or can there still be more weakness in the short term? 📉📉

Well, in this video 𝙧𝙚𝙘𝙤𝙧𝙙𝙚𝙙 31𝙨𝙩 𝙅𝙪𝙡𝙮 2020, I will share more on some of the 𝐊𝐄𝐘 𝐒𝐮𝐩𝐩𝐨𝐫𝐭 𝐥𝐞𝐯𝐞𝐥𝐬 one can start nibbling on these SG banks again...

and Why One of them may still see more selling before the bargain hunting returns..

𝐖𝐚𝐭𝐜𝐡 𝐕𝐢𝐝𝐞𝐨 𝐡𝐞𝐫𝐞 >>

Tuesday, July 28, 2020

𝐒𝐓𝐈 - 𝐒𝐨𝐦𝐞 𝐒𝐡𝐨𝐫𝐭 𝐓𝐞𝐫𝐦 𝐖𝐞𝐚𝐤𝐧𝐞𝐬𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐍𝐨𝐰? (𝐖𝐡𝐞𝐫𝐞 𝐭𝐨 𝐒𝐭𝐚𝐫𝐭 𝐁𝐚𝐫𝐠𝐚𝐢𝐧 𝐇𝐮𝐧𝐭𝐢𝐧𝐠)

Just last month in June, we have seen the STI rebounded by more than 10% but then the 𝐒𝐄𝐋𝐋𝐄𝐑𝐒 𝐜𝐚𝐦𝐞 𝐛𝐚𝐜𝐤.. 😢

We had kind of hit a road block around the 2800 and that is where some heavy profit-taking happened again.

Joey here, Top Tier Remisier in Phillip Securities.

Over the past few weeks, it seems like we are seeing some weakness again on the back of some 𝐧𝐞𝐠𝐚𝐭𝐢𝐯𝐞 𝐧𝐞𝐰𝐬 𝐟𝐥𝐨𝐰 like:

a 2nd wave of Covid 19 infections coming, earnings, trade tensions between US and China etc.. 😷 🤜🤛

Sellers are using this opportunity to sell down BUT the thing is,

as we near some of these 𝐊𝐄𝐘 𝐒𝐮𝐩𝐩𝐨𝐫𝐭 𝐥𝐞𝐯𝐞𝐥𝐬, an opportunity may presents itself again.. 🤓

Buyers may start to return to Bargain hunt..

Check out what these levels are for any 𝐩𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥 𝐫𝐞𝐛𝐨𝐮𝐧𝐝 and ALSO WHY You want to be careful if this support breaks down.

Thursday, July 23, 2020

𝐀𝐄𝐌 - 𝐎𝐧𝐞 𝐨𝐟 𝐌𝐲 𝐅𝐚𝐯𝐨𝐮𝐫𝐢𝐭𝐞 𝐒𝐆 𝐓𝐞𝐜𝐡 𝐂𝐨𝐮𝐧𝐭𝐞𝐫𝐬! (𝐒𝐭𝐢𝐥𝐥 𝐆𝐨𝐢𝐧𝐠 𝐒𝐭𝐫𝐨𝐧𝐠?)

For more than 2 months, we have seen 𝐀𝐄𝐌 𝐜𝐨𝐧𝐬𝐨𝐥𝐢𝐝𝐚𝐭𝐢𝐧𝐠 𝐬𝐢𝐝𝐞𝐰𝐚𝐲𝐬 and to be honest,

I was getting a little bored.. 🤦

BUT Finally, just a week back, we managed to spot some 𝐛𝐮𝐥𝐥𝐢𝐬𝐡 𝐫𝐞𝐯𝐞𝐫𝐬𝐚𝐥 𝐚𝐜𝐭𝐢𝐨𝐧𝐬 coming back and, 👀👀

some upside targets were drawn.. ️🎯

Over the past few days, we managed to see that 𝐛𝐮𝐥𝐥𝐢𝐬𝐡𝐧𝐞𝐬𝐬 𝐩𝐥𝐚𝐲 𝐨𝐮𝐭 with quite a firm break of the 3.40 key resistance level..

This video was recorded live on 21𝑠𝑡 𝐽𝑢𝑙𝑦 2020 𝑎𝑠 𝑖𝑡 ℎ𝑎𝑝𝑝𝑒𝑛𝑒𝑑,

after 𝐜𝐥𝐢𝐞𝐧𝐭𝐬 𝐚𝐧𝐝 𝐢𝐧𝐧𝐞𝐫 𝐜𝐢𝐫𝐜𝐥𝐞 𝐦𝐞𝐦𝐛𝐞𝐫𝐬 were ALERTED!

2 days have passed and we are now at 23rd July 2020.

So i thought, why not 𝐝𝐨 𝐚 𝐪𝐮𝐢𝐜𝐤 𝐑𝐞𝐜𝐚𝐩 of where we are now before sharing the video.

Want to know if the Uptrend is still intact to ride further?

Tuesday, July 21, 2020

𝐒𝐏𝐇 - 𝐂𝐚𝐧 𝐖𝐞 𝐒𝐭𝐢𝐥𝐥 𝐒𝐞𝐞 𝐌𝐨𝐫𝐞 𝐖𝐄𝐀𝐊𝐍𝐄𝐒𝐒? (𝐓𝐡𝐢𝐬 𝐋𝐞𝐯𝐞𝐥 𝐆𝐨𝐭 𝐭𝐨 𝐇𝐨𝐥𝐝!)

Since the beginning of the year, we have already seen signs of a downtrend in SPH..

In fact, just last month, we 𝐫𝐞𝐢𝐭𝐞𝐫𝐚𝐭𝐞𝐝 𝐬𝐨𝐦𝐞 𝐝𝐨𝐰𝐧𝐬𝐢𝐝𝐞 𝐭𝐚𝐫𝐠𝐞𝐭𝐬 when it was trading at 1.34, as it was just not able to climb back above some key resistance level.

Downtrend looks intact as a result.. 📉📉

Joey here, Top Tier Remisier in Phillip Securities.

Over the past few weeks, unfortunately, we have seen sellers coming out further and taking price lower.

We have kind of 𝗵𝗶𝘁 𝗼𝘂𝗿 𝟭𝘀𝘁 𝗱𝗼𝘄𝗻𝘀𝗶𝗱𝗲 𝘁𝗮𝗿𝗴𝗲𝘁 that was drawn last month and the question is: ️🎯

"𝘾𝙖𝙣 𝙩𝙝𝙚 𝘿𝙤𝙬𝙣𝙩𝙧𝙚𝙣𝙙 𝘾𝙤𝙣𝙩𝙞𝙣𝙪𝙚?"

Well, I wouldn't rule that out for now.. 🤞

The thing is, we are now at this KEY support level and it seems like 𝐬𝐞𝐥𝐥𝐞𝐫𝐬 𝐚𝐫𝐞 𝐚𝐭𝐭𝐞𝐦𝐩𝐭𝐢𝐧𝐠 to break that too.. 😢

Watch this video to see 𝐖𝐇𝐘 you want to be cautious if this level breaks and 𝐖𝐇𝐄𝐑𝐄 it can potentially head to next.

Monday, July 20, 2020

𝐈𝐅𝐀𝐒𝐓 - 𝐔𝐩𝐭𝐫𝐞𝐧𝐝 𝐒𝐭𝐢𝐥𝐥 𝐆𝐨𝐢𝐧𝐠 𝐒𝐭𝐫𝐨𝐧𝐠 𝐀𝐟𝐭𝐞𝐫 𝐀 𝐌𝐨𝐧𝐭𝐡? (𝐖𝐚𝐭𝐜𝐡 𝐭𝐡𝐢𝐬 𝐋𝐞𝐯𝐞𝐥!)

About a month back on 19 June 2020, I shared a video of IFAST on Facebook.. 🤓

I mentioned that we can 𝐩𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥𝐥𝐲 𝐬𝐞𝐞 𝐦𝐨𝐫𝐞 𝐮𝐩𝐬𝐢𝐝𝐞 and there were some targets that were drawn to about 1.40 which is about 14% upside ..

We were then trading at 1.24..

Hey guys, Joey here, Top Tier Remisier in Phillip Securities.

1 month has passed and today is the 20th July 2020 so the question is.

"𝐂𝐚𝐧 𝐭𝐡𝐞𝐫𝐞 𝐬𝐭𝐢𝐥𝐥 𝐛𝐞 𝐦𝐨𝐫𝐞 𝐬𝐭𝐫𝐞𝐧𝐠𝐭𝐡 𝐢𝐧 𝐈𝐅𝐀𝐒𝐓 and 𝐰𝐡𝐞𝐫𝐞 𝐚𝐫𝐞 𝐰𝐞 𝐧𝐨𝐰?" 💪

Is the uptrend over or can we still see it push higher gradually?

Well, in fact just last week,

we spotted 𝘀𝗼𝗺𝗲 𝗯𝘂𝗹𝗹𝗶𝘀𝗵 𝗽𝗿𝗶𝗰𝗲 𝗮𝗰𝘁𝗶𝗼𝗻𝘀 returning again after the 3 weeks breather.. 🤤

and 𝐂𝐋𝐈𝐄𝐍𝐓𝐒 𝐖𝐄𝐑𝐄 𝐀𝐋𝐄𝐑𝐓𝐄𝐃 to it as it happened live....

Watch this video to find out where we can potentially head to and 𝐖𝐇𝐘 we are still riding this counter while protecting profits...

Thursday, July 16, 2020

𝐈𝐬 𝐢𝐭 𝐭𝐡𝐞 𝐓𝐢𝐦𝐞 𝐭𝐨 𝐁𝐔𝐘 𝐒𝐈𝐀 𝐚𝐧𝐝 𝐒𝐀𝐓𝐒? (𝐀𝐯𝐢𝐚𝐭𝐢𝐨𝐧 𝐒𝐞𝐜𝐭𝐨𝐫 𝐑𝐞𝐜𝐨𝐯𝐞𝐫𝐢𝐧𝐠?)

Just 2 months back, I did a video on both SIA and SATS, 🤔

I mentioned how this sector will take a while to recover and we may 𝐬𝐭𝐢𝐥𝐥 𝐬𝐞𝐞 𝐖𝐄𝐀𝐊𝐍𝐄𝐒𝐒 even though some upside can happen in the short term. 🛫🛫

Sellers can still return to take prices lower and we want to be careful as there are still 𝐬𝐢𝐠𝐧𝐬 𝐨𝐟 𝐚 𝐝𝐨𝐰𝐧𝐭𝐫𝐞𝐧𝐝 in the mid to long term.. 📉

Joey here, Top Tier Remisier in Phillip Securities.

Well, over the past 1 month, 2 of them have rebounded slightly but then 𝐃𝐎𝐖𝐍𝐒𝐈𝐃𝐄 targets were drawn again.. ️🎯

It seems like we have pushed lower so the question is:

"𝗜𝘀 𝗶𝘁 𝘁𝗶𝗺𝗲 𝘁𝗼 𝗕𝗨𝗬 𝘁𝗵𝗲𝗺 𝗡𝗼𝘄 𝗔𝗴𝗮𝗶𝗻?"

Well, watch this video (𝙍𝙚𝙘𝙤𝙧𝙙𝙚𝙙 16 𝙅𝙪𝙡𝙮 2020) to see WHERE we can potentially start to see buyers coming back again and more importantly,

why we may still be BEARISH as long as we are capped below some of these CRITICAL Resistance levels. 😬

Like and Share if you like more videos like this.

Saturday, July 11, 2020

𝟑 𝐒𝐆 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 𝐒𝐭𝐨𝐜𝐤𝐬 𝐓𝐡𝐚𝐭 𝐈 𝐚𝐦 𝐒𝐭𝐢𝐥𝐥 𝐁𝐮𝐥𝐥𝐢𝐬𝐡 𝐎𝐧! (𝐀𝐄𝐌, 𝐅𝐫𝐞𝐧𝐜𝐤𝐞𝐧, 𝐇𝐢-𝐏)

Just a few months back in March and April, the Singapore Technology sector was looking reallly bullish. 😄

We had covered some of the stocks and actually seen some of them pushing upwards by more than 20% - 30%..  👍👍

And then, it was 𝐀𝐋𝐋 𝐐𝐔𝐈𝐄𝐓🤦

Profit taking happened.

The party stopped and it was back to 𝐬𝐨𝐦𝐞 𝐬𝐢𝐝𝐞𝐰𝐚𝐲𝐬 𝐦𝐨𝐯𝐞𝐦𝐞𝐧𝐭..

Hey guys, Joey here, Top Tier Remisier in Phillip Securities.

Fast forward to today, over the past few weeks, 𝐅𝐈𝐍𝐀𝐋𝐋𝐘,

We are starting to see some 𝐁𝐮𝐥𝐥𝐢𝐬𝐡 𝐚𝐜𝐭𝐢𝐨𝐧𝐬 coming back again after the breather.. 👀

It seems like BUYERS are now ready to take it to the next phase..

So what are the 3 stocks that are STILL in my Watchlist right now?🤞

Well, in a nutshell, they are 𝐀𝐄𝐌, 𝐅𝐫𝐞𝐧𝐜𝐤𝐞𝐧 and 𝐇𝐢-𝐏.

Watch this video 𝒓𝒆𝒄𝒐𝒓𝒅𝒆𝒅 𝒐𝒏 11 𝑱𝒖𝒍𝒚 2020 to find out WHY I like them and 𝐇𝐎𝐖 𝐘𝐎𝐔 can still potentially ride further upside with us.

Wednesday, July 8, 2020

𝐔𝐆 𝐇𝐞𝐚𝐥𝐭𝐡𝐜𝐚𝐫𝐞 - 𝐌𝐨𝐫𝐞 𝐔𝐩𝐬𝐢𝐝𝐞 𝐟𝐫𝐨𝐦 𝐇𝐞𝐫𝐞? (𝐘𝐞𝐬, 𝐈𝐟 𝐓𝐡𝐢𝐬 𝐋𝐞𝐯𝐞𝐥 𝐇𝐨𝐥𝐝𝐬)

Just exactly 2 weeks back, I shared a video on Facebook on this counter 𝐔𝐆 𝐇𝐞𝐚𝐥𝐭𝐡𝐜𝐚𝐫𝐞,

one of the top Glove Makers in the world and also a beneficiary of current pandemic. 😷

It was then trading at about 1.04 and there were some 𝐔𝐏𝐒𝐈𝐃𝐄 𝐓𝐀𝐑𝐆𝐄𝐓𝐒 that was reiterated upwards,  ️🎯🎯

to 1.20 there were still signs of strength from the 𝐂𝐇𝐀𝐑𝐓! 😎

Joey here, Top Tier Remisier in Phillip Securities.

Over the past 2 weeks, our target has been 𝐇𝐈𝐓 and in fact, we have raised our 𝐓𝐚𝐫𝐠𝐞𝐭 even higher last week to 1.50.. 👁👁

That was hit too over the past few days..

So I have had a lot of clients asking me:

"𝑱𝒐𝒆𝒚, 𝒖𝒑 𝒔𝒐 𝒎𝒖𝒄𝒉 𝒂𝒍𝒓𝒆𝒂𝒅𝒚, 𝒄𝒂𝒏 𝒊𝒕 𝒔𝒕𝒊𝒍𝒍 𝒈𝒐 𝒉𝒊𝒈𝒉𝒆𝒓?"

Well, watch this video 𝗥𝗲𝗰𝗼𝗿𝗱𝗲𝗱 𝗼𝗻 𝟴 𝗝𝘂𝗹𝘆 𝗟𝗶𝘃𝗲 to see where we are now and 🤞

𝐖𝐇𝐘 𝐓𝐇𝐈𝐒 𝐋𝐄𝐕𝐄𝐋 is crucial if we want to see the uptrend continue..

Having said that, it would be wise to take 𝐜𝐨𝐧𝐜𝐫𝐞𝐭𝐞 𝐬𝐭𝐞𝐩𝐬 𝐭𝐨 𝐩𝐫𝐨𝐭𝐞𝐜𝐭 𝐩𝐫𝐨𝐟𝐢𝐭𝐬 while riding,

given that we have already risen by more than 40% over the past few weeks..

Saturday, July 4, 2020

𝐀𝐧 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐭𝐨 𝐁𝐮𝐲 𝐭𝐡𝐞 𝐒𝐆 𝐁𝐚𝐧𝐤𝐬 𝐀𝐠𝐚𝐢𝐧? (𝐃𝐁𝐒, 𝐎𝐂𝐁𝐂, 𝐔𝐎𝐁)

Exactly a month back, I shared about how the 3 local banks (DBS, OCBC, UOB) may start to see 𝐬𝐨𝐦𝐞 𝐬𝐡𝐨𝐫𝐭 𝐭𝐞𝐫𝐦 𝐮𝐩𝐬𝐢𝐝𝐞 in a Facebook post..

This was because some really 𝐁𝐔𝐋𝐋𝐈𝐒𝐇 𝐏𝐫𝐢𝐜𝐞 𝐀𝐜𝐭𝐢𝐨𝐧𝐬 were spotted then in each of them specifically.. 👍👍

Some upside targets were drawn by about 𝐛𝐲 𝟖-𝟏𝟎% before we expected some profit taking to return. ️🎯

Hey guys, Joey here, Top Tier Remisier in Phillip Securities.

A month have passed and 𝐀𝐋𝐋 of them have 𝐇𝐢𝐭 𝐨𝐫 𝐍𝐞𝐚𝐫𝐞𝐝 𝐭𝐡𝐨𝐬𝐞 𝐭𝐚𝐫𝐠𝐞𝐭𝐬 and then,

the 𝐒𝐄𝐋𝐋𝐈𝐍𝐆 began... Fast! ⚡📉

So here we are now, pretty much BACK to where we started before the spike up in June!

So the Questions is:

"𝑰𝒔 𝑰𝒕 𝑨 𝑮𝒐𝒐𝒅 𝑻𝒊𝒎𝒆 𝑻𝒐 𝑺𝒕𝒂𝒓𝒕 𝑳𝒐𝒐𝒌𝒊𝒏𝒈 𝑨𝒕 𝑻𝒉𝒆 𝑺𝑮 𝑩𝒂𝒏𝒌𝒔 𝑨𝒈𝒂𝒊𝒏?" 🤔

Or perhaps, we can start nibbling some 𝗢𝗡𝗟𝗬 𝗪𝗛𝗘𝗡  it nears certain key levels again. 👀👀

Well, watch this video to see what those levels are for the 3 SG Banks and where it can potentially be an 𝐎𝐏𝐏𝐎𝐑𝐓𝐔𝐍𝐈𝐓𝐘 again.

Wednesday, July 1, 2020

𝐑𝐢𝐯𝐞𝐫𝐬𝐭𝐨𝐧𝐞 - 𝐂𝐚𝐧 𝐖𝐞 𝐒𝐭𝐚𝐫𝐭 𝐭𝐨 𝐒𝐞𝐞 𝐌𝐨𝐫𝐞 𝐒𝐡𝐨𝐫𝐭 𝐓𝐞𝐫𝐦 𝐔𝐩𝐬𝐢𝐝𝐞 𝐅𝐫𝐨𝐦 𝐇𝐞𝐫𝐞? (𝐁𝐮𝐥𝐥𝐢𝐬𝐡 𝐌𝐨𝐯𝐞 𝐒𝐩𝐨𝐭𝐭𝐞𝐝!)

This counter was one of the 3 Gloves Makers I covered in a video on Facebook about 2 weeks back..

I mentioned that these companies were still beneficiaries of current pandemic. 😷👍

Riverstone was then still consolidating at about 2.40 and nothing much happened but we were 𝗾𝘂𝗶𝗲𝘁𝗹𝘆 𝗲𝘅𝗽𝗲𝗰𝘁𝗶𝗻𝗴 𝘀𝗼𝗺𝗲 𝘂𝗽𝘀𝗶𝗱𝗲 𝘁𝗼 𝗰𝗼𝗺𝗲 𝘀𝗼𝗼𝗻..

In fact just last week, we had our upside targets reiterated again for a 𝐩𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥 𝐫𝐞𝐛𝐨𝐮𝐧𝐝 from the strong support we were seeing. 😎

Joey here, Top Tier Remisier in Phillip Securities.

Just yesterday, finally, we manage to spot some 𝐁𝐔𝐋𝐋𝐈𝐒𝐇 actions.. 👀

After more than a month of sideways movement, it seems that buyers were 𝐅𝐈𝐍𝐀𝐋𝐋𝐘 prepared to take it to the next phase up..

So the question is:

"𝗪𝗵𝗲𝗿𝗲 𝗖𝗮𝗻 𝗪𝗲 𝗛𝗲𝗮𝗱 𝘁𝗼 𝗡𝗼𝘄 𝗢𝗥 𝗜𝘀 𝗜𝘁 𝗧𝗼𝗼 𝗟𝗮𝘁𝗲?" 🤷

Well, targets to the upside were reiterated again live as it happened on the 30 June 2020 when this video was recorded. ️🎯🎯

Watch this video to the end to see what I mean and at what levels can we potentially start to see some  𝐬𝐞𝐥𝐥𝐢𝐧𝐠 𝐩𝐫𝐞𝐬𝐬𝐮𝐫𝐞 coming back again.

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