Thursday, May 30, 2024

𝐀𝐬𝐤 𝐌𝐞 𝐀𝐧𝐲 𝐒𝐆 𝐒𝐭𝐨𝐜𝐤𝐬 𝐓𝐢𝐤𝐭𝐨𝐤 𝐑𝐞𝐩𝐥𝐚𝐲 𝐭𝐡𝐢𝐬 𝐌𝐨𝐫𝐧𝐢𝐧𝐠

 

𝐀𝐬𝐤 𝐌𝐞 𝐀𝐧𝐲 𝐒𝐆 𝐒𝐭𝐨𝐜𝐤𝐬 𝐓𝐢𝐤𝐭𝐨𝐤 𝐑𝐞𝐩𝐥𝐚𝐲 𝐭𝐡𝐢𝐬 𝐌𝐨𝐫𝐧𝐢𝐧𝐠

>> https://youtu.be/u_GU09FJT0k

 

See below for the Most Popular SG stocks asked and also 2 stocks that I like at the end. 😎💪

 

Follow me on Tiktok so you won't miss out when I go live again >> https://www.tiktok.com/@joey.choy 👈

 

 

𝐓𝐈𝐌𝐄𝐒𝐓𝐀𝐌𝐏

03:36 - 𝐃𝐨𝐰 𝐉𝐨𝐧𝐞𝐬 - Firm resistance at this level.

05:56 - 𝐒&𝐏 𝟓𝟎𝟎 - Trying to find a new high.

08"23 - 𝐒𝐓𝐈 - Heading towards higher end of range.

14:20 - 𝐑𝐢𝐯𝐞𝐫𝐬𝐭𝐨𝐧𝐞 - Uptrend intact above this key support.

17:54 - 𝐅𝐨𝐨𝐝 𝐄𝐦𝐩𝐢𝐫𝐞 - Still not out of the woods yet.

21:04 - 𝐒𝐚𝐦𝐮𝐝𝐞𝐫𝐚𝐒𝐡𝐢𝐩𝐩𝐢𝐧𝐠 - Strong push up where can consider locking profits.

22:53 - 𝐀𝐄𝐌 - Still bearish for now unfortunately.

26:49 - 𝐈𝐅𝐀𝐒𝐓 - Short term weakness expected.

31:22 - 𝐆𝐞𝐨 𝐄𝐧𝐞𝐫𝐠𝐲 𝐑𝐞𝐬 - Signs of a reversal.

35:55 - 𝐒𝐈𝐀 - Looking strong above this higher support.

41:30 - 𝐉𝐚𝐩𝐟𝐚 - Reversal still ongoing as long as this level holds.

42:54 - 𝐒𝐀𝐓𝐒 - A spike today but note where selling can happen.

45:55 - 𝐅𝐫𝐞𝐧𝐜𝐤𝐞𝐧 - Need to break this resistance for more upside.

48:48 - 𝐍𝐚𝐧𝐨𝐟𝐢𝐥𝐦 - Short term strength, but note the trend.

51:30 - 𝐆𝐞𝐧𝐭𝐢𝐧𝐠 𝐒𝐢𝐧𝐠 - In a sideways phase for now.

53:01 - 𝐔𝐌𝐒 - A rebound seen from support.

58:02 - 𝐃𝐁𝐒 - Selling over the past month at this key level.

58:57 - 𝐒𝐞𝐚𝐭𝐫𝐢𝐮𝐦 𝐋𝐭𝐝 - Still weak below this psychological level.

1:03:56 - 𝐊𝐞𝐩𝐩𝐞𝐥 - Heading towards a key support where bargain hunting can appear.

1:07:06 - 𝐁𝐨𝐧𝐮𝐬 𝐒𝐭𝐨𝐜𝐤 - OUE

1:09:50 - 𝐁𝐨𝐧𝐮𝐬 𝐒𝐭𝐨𝐜𝐤 - YZJ Shipbldg SGD

 

Friday, May 24, 2024

𝟑 𝐒𝐢𝐦𝐩𝐥𝐞 𝐖𝐚𝐲𝐬 𝐭𝐨 𝐌𝐚𝐬𝐭𝐞𝐫 𝐓𝐫𝐞𝐧𝐝𝐥𝐢𝐧𝐞𝐬 𝐢𝐧 𝐒𝐭𝐨𝐜𝐤𝐬 (𝐓𝐡𝐞 𝐁𝐞𝐬𝐭 𝐃𝐞𝐜𝐢𝐬𝐢𝐨𝐧 𝐈 𝐄𝐯𝐞𝐫 𝐌𝐚𝐝𝐞)

 

Unlock the secrets to mastering trendlines with these three simple techniques! In this video,

 

I'll share the best decision I ever made in trading the stock market by learning this method.

 

Learn the basics of drawing trendlines and why they are crucial for identifying market trends.

 

Discover the different types of trendlines and how to use them to your advantage.

 

Avoid common pitfalls and ensure your trendlines are accurate and effective.

 

Watch here >> https://youtu.be/BS1HLPrL7A8

 

 

Friday, May 17, 2024

𝐃𝐁𝐒, 𝐎𝐂𝐁𝐂 𝐨𝐫 𝐔𝐎𝐁 𝐁𝐚𝐧𝐤 𝐒𝐭𝐨𝐜𝐤𝐬 | 𝟐 𝐏𝐨𝐢𝐬𝐞𝐝 𝐟𝐨𝐫 𝐍𝐞𝐱𝐭 𝐖𝐚𝐯𝐞 𝐔𝐩 (𝐁𝐔𝐘)

 

The Singapore banks stocks DBS, UOB and OCBC have seen strength over the past month with buyers appearing on any dips.

 

Are we poised to head even higher as some key levels have been breached.

 

Which of the 3 bank stocks do I like NOW and more importantly why?

 

Watch this video to discover why it can be small opportunity to get in before it they really move.

 

Find out here >> https://youtu.be/df87_Rz96sM

 

 

Wednesday, May 15, 2024

𝐔𝐧𝐛𝐞𝐥𝐢𝐞𝐯𝐚𝐛𝐥𝐞 𝐂𝐨𝐦𝐞𝐛𝐚𝐜𝐤: 𝟑 𝐒𝐆 𝐆𝐥𝐨𝐯𝐞 𝐒𝐭𝐨𝐜𝐤𝐬 𝐭𝐨 𝐖𝐚𝐭𝐜𝐡 | 𝐏𝐫𝐢𝐜𝐞 𝐓𝐚𝐫𝐠𝐞𝐭 𝐑𝐞𝐯𝐢𝐬𝐞𝐝!

 

Over the past week, we have seen immense buying pressure in some of the glove makers listed on the SGX.

 

Most have sold off heavily after Covid 19 when the demand for medical gloves waned.

 

What is the reason for this and can this be the start of a reversal that can potentially begin in 2024?

 

We have raised our upside target.

 

check out what these 3 Glove stocks are and more important what to do with them.

 

>>> https://youtu.be/9bXkLtSPt2g

 

Friday, May 10, 2024

𝐀𝐬𝐤 𝐌𝐞 𝐀𝐧𝐲 𝐒𝐆 𝐒𝐭𝐨𝐜𝐤𝐬 𝐓𝐢𝐤𝐭𝐨𝐤 𝐑𝐞𝐩𝐥𝐚𝐲

 

𝐀𝐬𝐤 𝐌𝐞 𝐀𝐧𝐲 𝐒𝐆 𝐒𝐭𝐨𝐜𝐤𝐬 𝐓𝐢𝐤𝐭𝐨𝐤 𝐑𝐞𝐩𝐥𝐚𝐲

>> https://youtu.be/3m63nvwaF14

 

See below for the Most Popular US stocks asked and also 1 stock that I like at the end. 😎💪

 

Follow me on Tiktok so you won't miss out when I go live again >> https://www.tiktok.com/@joey.choy 👈

 

𝐓𝐈𝐌𝐄𝐒𝐓𝐀𝐌𝐏

4:20 - S&P 500 - Rebounding towards key resistance.

14:54 - Apple - New higher support found after 2 months.

21:13 - Nvidia - Target at 1000 on track still.

29:17 - Tesla - Selling at critical 200 where trend still down below.

37:13 - Coinbase- Short term selling can present an opportunity soon at this support.

45:37 - Palantir - Back to 20.00 support where buyers can appear.

53:21 - Amazon - Strong uptrend stock to buy on dips here.

57:29 - Meta Platform - Reversal in progress.

59:40 - Advanced Micro Devices - Short term bearish below this key resistance now.

1:03:24 - Salesforce - Move above 280 firmly plus this sighting can see the rebound.

1:07:43 - BONUS STOCK  THAT I LIKE REVEALED AND WHY

 

Wednesday, May 8, 2024

𝐁𝐞𝐬𝐭 𝐂𝐡𝐢𝐧𝐞𝐬𝐞 𝐓𝐞𝐜𝐡 𝐒𝐭𝐨𝐜𝐤𝐬 𝟐𝟎𝟐𝟒 | 𝐀𝐥𝐢𝐛𝐚𝐛𝐚, 𝐉𝐃.𝐂𝐎𝐌, 𝐓𝐞𝐧𝐜𝐞𝐧𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬

 

Is it time to buy the Chinese Tech stocks after the heavy selling we have seen in the past 3 years?

 

How are the top 3 popular tech stock in China doing after weakness due to government crackdown in the last few years..

 

What are some KEY TARGETs with them potentially bottoming out over the past few months?

 

Watch this video to find out!! >> https://youtu.be/bJll7lxZNf8

 

 

Tuesday, May 7, 2024

Unveiling Thailand's Top Stocks on SGX: The Best of the 8 Revealed

 

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) Airports of Thailand (AOT.BK) manages and operates airports in Thailand and is a top Blue chip on SET with weightage of 8% as Thailand is focused on Tourism.

 

Following up from the previous article released in Apr 2024, 68 (S$2.52)  is still a resistance where selling has happened again. A firm move above this resistance would be needed for more upside to happen towards 76 (S$2.80) as per targets drawn.

We have seen a dip towards the 63 (S$2.33) near term support where some bargain hunting appeared. We are starting to see some signs of the longer-term trend potentially pointing up with the 100-day moving average red line starting to slope up finally and price above it.

Over the past 3 months, we have managed to find a bottom around the 58 (S$2.15) level and a higher support has been found at 63 (S$2.33) since which is a positive.

So how does one take a position in Airport of Thailand from the SDR traded on the SGX?

Well, you can take a position in this SDR, which is named AIRPORTS OF TH TH SDR (TATD), currently priced at S$2.43.

As mentioned, this SDR is like a normal Singapore stock where its traded currency is in SGD and settlement procedures the same.

A break and close above 68 (S$2.52) can be a signal to enter a long trade aggressively to ride more momentum with a 11% upside as per target to 76 (S$2.80). Or, if it does retrace back to near its support again at 63 (S$2.33), an entry can be taken for a potential upside of about 7% if we rebound back to levels like 68 (S$2.52).

 

2) 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 weakness again and seen a breakdown below the 155 (S$5.74) support level over the past few days. Have been holding above this higher support for more than 3 weeks so a move below can be a short term bearish.

With 155 (S$5.74) as a near term resistance now, we can potentially see a downwards retracement towards 145 (S$5.37), which is the next support holding since the beginning of the year.

One can consider entry above 145 (S$5.37) 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 145 (S$5.37) 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$5.56.

For an entry near 145 (S$5.37) to ride to 155 (S$5.74), we are looking at a 6% potential upside as per targets.

 

3) CP All (CPALL.BK) Operates the 7-Eleven convenience store chain in Thailand.

CPALL has found good support at 54 (S$2.00), over the past 2 months with signs of a reversal still ongoing.

We can see that the longer trend has ceased to point lower with the 100-day moving average line beginning to flatten and eventually pointing up.

Currently facing a key resistance at 60 (S$2.22),  for now where we have traded below for 6 months now and where selling has happened. As prices approach 60 (S$2.22), we can see some profit taking again but watching to see if we can break this key resistance.

With the 20-day short-term moving average green line pointing up, any firm move above 60 (S$2.22) can see the reversal continue even faster towards 68 (S$2.52).

With this happening, there is a potential for a bullish crossover of the 100-day MA above the 200-day MA. This can lead to a trend reversal confirmation.

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

Well, you can take a position in this SDR, which is named CP ALL TH SDR (TCPD) currently priced at S$2.15. As it approaches the 54 (S$2.00) support level again, one can time entry on dips for a potential rebound like we have seen in the past 2 months. We are looking at a 10% potential upside as per targets to 60 (S$2.22).

Would be good to have a stop loss level at around 53 (S$1.96) to get out in case we fail to hold above 54 (S$2.00) support.

 

4) Kasikorn Bank (KBANK.BK) is Thailand’s best domestic bank, beneficiary of BOT’s interest rate hike. Highest traded value bank, ranking 1st in SME Loan and High Net Worth clients.

KBANK.BK has seen some strength over the past 3 weeks with prices holding above the 120 (S$4.44) support.

Here is where we have seen a couple of rebounds since Jan this year and seems like we are pushing away from this support now. Short term trend has started to turn up on this move with the 20-day moving average green line sloping up as well.

The upside target can be to 140 (S$5.18) where which is a key resistance to watch, and we have been trading below it since Feb last year.

Therefore, one can consider locking in profits as we approach 140 (S$5.18) resistance level as that is where selling can appear again.

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

Well, you can take a position in this SDR, which is named Kasikorn Bank TH SDR (TKKD) currently priced at S$4.79.

One can consider entry above 120 (S$4.44) on any slight dips near it if you see any bullish reversal candlestick near the support. We are looking at a 15.2% potential upside as per targets to 140 (S$5.18).

Would be good to have a stop loss level at around 115 (S$4.26) to get out in case we fail to hold above the support.

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

 

Friday, May 3, 2024

𝐈𝐬 𝐈𝐭 𝐓𝐢𝐦𝐞 𝐭𝐨 𝐇𝐮𝐧𝐭 𝐟𝐨𝐫 𝐁𝐚𝐫𝐠𝐚𝐢𝐧𝐬 𝐨𝐧 𝐀𝐩𝐩𝐥𝐞 𝐒𝐭𝐨𝐜𝐤? (𝐀𝐀𝐏𝐋 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬)👀📈📈

 

Apple, one of the most popular US stocks that I get asked quite often on has underperformed the markets in the last 3 months.

 

What are some of the reasons for this?

 

We have found some SUPPORT and it looks like a potential rebound can happen soon if we hold above this key level.

 

Let's find out if it is time to start bargain hunting on APPL stocks right now.

 

Watch here >> https://youtu.be/YjRI7hUCg4o