tag:blogger.com,1999:blog-59277055354813725902024-03-17T02:52:26.733+08:00Stock Trading Course | Stock Broker Singapore | Joey ChoyThis blog highlights some Stock Trading calls by Joey Choy, a Top Tier Stockbroker and Trader in Singapore.Trading Impossible | Joey Choyhttp://www.blogger.com/profile/01691901882505345210noreply@blogger.comBlogger3174125tag:blogger.com,1999:blog-5927705535481372590.post-87650133761326816952024-03-14T09:51:00.001+08:002024-03-14T09:53:07.944+08:00๐๐ก๐ ๐๐ง๐ฅ๐ฒ ๐๐ฎ๐ฅ๐ฅ๐๐๐๐ค ๐๐ซ๐๐๐ข๐ง๐ ๐๐ญ๐ซ๐๐ญ๐๐ ๐ฒ ๐๐จ๐ฎ ๐๐ข๐ฅ๐ฅ ๐๐ฏ๐๐ซ ๐๐๐๐ (๐๐จ๐ญ ๐๐ฅ๐ข๐๐ค-๐๐๐ข๐ญ)๐โ๏ธ<div class="WordSection1"> <p class="MsoNormal"><span lang="EN-US" style="font-size: 16pt; mso-ligatures: none;"><o:p> </o:p></span></p> <p class="MsoNormal"><span lang="EN-US" style="font-size: 16pt; mso-ligatures: none;">How do you know WHEN to get in on a stock after it sells down so that you can catch the rebound back up? </span><span face=""Segoe UI Emoji",sans-serif" lang="EN-US" style="font-size: 16pt; mso-ligatures: none;">๐ซธ๐ซข</span><span lang="EN-US" style="font-size: 16pt; mso-ligatures: none;"><o:p></o:p></span></p> <p class="MsoNormal"><span lang="EN-US" style="font-size: 16pt; mso-ligatures: none;"><o:p> </o:p></span></p> <p class="MsoNormal"><span lang="EN-US" style="font-size: 16pt; mso-ligatures: none;">What if you get in and it starts falling more? </span><span face=""Segoe UI Emoji",sans-serif" lang="EN-US" style="font-size: 16pt; mso-ligatures: none;">๐ญ<o:p></o:p></span></p> <p class="MsoNormal"><span lang="EN-US" style="font-size: 16pt; mso-ligatures: none;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Segoe UI Emoji",sans-serif" lang="EN-US" style="background: white; color: #0d0d0d; font-size: 16pt;">๐ฅ๐</span><span lang="EN-US" style="background: white; color: #0d0d0d; font-size: 16pt;"> Unlock the secrets to mastering pullback trading in the stock market with our exclusive video. <o:p></o:p></span></p> <p class="MsoNormal"><span lang="EN-US" style="background: white; color: #0d0d0d; font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span lang="EN-US" style="background: white; color: #0d0d0d; font-size: 16pt;">Here what you will discover: Get a clear, concise explanation of what pullbacks are and why they're a golden opportunity for traders. <o:p></o:p></span></p> <p class="MsoNormal"><span lang="EN-US" style="background: white; color: #0d0d0d; font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span lang="EN-US" style="background: white; color: #0d0d0d; font-size: 16pt;">Learn how to accurately identify market trends with our expert techniques, ensuring you're always one step ahead.</span><span lang="EN-US" style="font-size: 16pt; mso-ligatures: none;"><o:p></o:p></span></p> <p class="MsoNormal"><span face=""Segoe UI Emoji",sans-serif" lang="EN-US" style="font-size: 16pt; mso-ligatures: none;"><o:p> </o:p></span></p> <p class="MsoNormal"><span lang="EN-US" style="font-size: 16pt; mso-ligatures: none;">>> <a href="https://youtu.be/URxO_moLxlE">https://youtu.be/URxO_moLxlE</a><o:p></o:p></span></p> <p class="MsoNormal"><span face=""Segoe UI Emoji",sans-serif" lang="EN-US" style="font-size: 16pt; mso-ligatures: none;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Segoe UI Emoji",sans-serif" lang="EN-US" style="font-size: 12pt; mso-ligatures: none;"><o:p> </o:p></span></p> <p class="MsoNormal"><span lang="EN-US" style="font-size: 12pt;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEj6lqwdxTos6jRCvjQ0fjE9q94X4BPZdM0gOQjh7FQMTnrf9CheYy6c7liU7-iho43oJJ7PTa37PNvSbcfCyk9HVu7ITDZizqhV10QN2RjiaSyGfuSaZAiVtRiVDsRSfQaOhQnHI9mWcqpCue2oX6ZgNKe_pioxsoFq-WKL5UZEJLHT95OhQ-sh0F_JXvJP"><img alt="" border="0" height="360" id="BLOGGER_PHOTO_ID_7346030902399140834" src="https://blogger.googleusercontent.com/img/a/AVvXsEj6lqwdxTos6jRCvjQ0fjE9q94X4BPZdM0gOQjh7FQMTnrf9CheYy6c7liU7-iho43oJJ7PTa37PNvSbcfCyk9HVu7ITDZizqhV10QN2RjiaSyGfuSaZAiVtRiVDsRSfQaOhQnHI9mWcqpCue2oX6ZgNKe_pioxsoFq-WKL5UZEJLHT95OhQ-sh0F_JXvJP=w640-h360" width="640" /></a><span style="mso-ligatures: none;"><o:p></o:p></span></span></p> <p class="MsoNormal"><span lang="EN-US" style="font-size: 16pt; mso-ligatures: none;"><o:p> </o:p></span></p> <p class="MsoNormal"><span lang="EN-US" style="font-size: 16pt; mso-ligatures: none;">Watch the video all the way to the end as I share this powerful pull back strategy to solve that.<o:p></o:p></span></p> <p class="MsoNormal"><span lang="EN-US" style="font-size: 16pt; mso-ligatures: none;"><o:p> </o:p></span></p> <p class="MsoNormal"><span lang="EN-US" style="font-size: 16pt; mso-ligatures: none;">Attend a FREE Live webinar to discover how this tactic FITS into my ENTIRE 1GT strategy >> <a href="https://bit.ly/1GTLive">https://bit.ly/1GTLive</a><o:p></o:p></span></p> <p class="MsoNormal"><span lang="EN-US" style="font-size: 16pt; mso-ligatures: none;"><o:p> </o:p></span></p> <p class="MsoNormal"><span lang="EN-US" style="font-size: 16pt; mso-ligatures: none;"><o:p> </o:p></span></p> <p class="MsoNormal"><span lang="EN-US" style="font-size: 14pt;"><o:p> </o:p></span></p> </div> Trading Impossible | Joey Choyhttp://www.blogger.com/profile/01691901882505345210noreply@blogger.com0tag:blogger.com,1999:blog-5927705535481372590.post-75491035763313769032024-03-07T09:57:00.001+08:002024-03-07T09:58:33.508+08:00SGX's Thai Gems: Unveiling the Powerhouses for Trading Triumphs<div class="WordSection1"><p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;"><o:p> </o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;">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?<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;">Since end of May 2023, it is now possible.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;">We can take a position in some of the Top Thailand companies like any other stocks listed on the Singapore Exchange.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;">We can buy what is called <b>Singapore Depository Receipts, in short, SDRs.<o:p></o:p></b></span></p><p class="MsoNormal" style="text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;">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. <o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;">It will enable SGX investors to expand investment horizons to overseas listed companies in a simple and cost-efficient manner.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;">So, with the launch of 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.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;">There are 3 blue chips Thai underlying SDRs currently which is what I will be talking about in this article and how you can potentially profit from.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;">I will be analyzing the charts of these 3 underlying Thailand stocks before sharing how one can take a position on the SDRs listed on the SGX and the potential target price based on current price levels. <o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><b><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;">The 3 underlying Thai stocks listed in the SET and their codes are:<o:p></o:p></span></b></p><table border="1" cellpadding="0" cellspacing="0" class="MsoTableGrid" style="border-collapse: collapse; border: none;"><tbody><tr><td style="border: 1pt solid windowtext; padding: 0in 5.4pt; width: 166.25pt;" valign="top" width="222"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p></td><td style="border-bottom: 1pt solid windowtext; border-image: initial; border-left: none; border-right: 1pt solid windowtext; border-top: 1pt solid windowtext; border: solid windowtext 1.0pt; padding: 0in 5.4pt; width: 2.25in;" valign="top" width="216"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><b><span face=""Calibri",sans-serif" style="font-size: 16pt;">Underlying Thai stocks on SET <o:p></o:p></span></b></p></td><td style="border-bottom: 1pt solid windowtext; border-image: initial; border-left: none; border-right: 1pt solid windowtext; border-top: 1pt solid windowtext; border: solid windowtext 1.0pt; padding: 0in 5.4pt; width: 139.25pt;" valign="top" width="186"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><b><span face=""Calibri",sans-serif" style="font-size: 16pt;">Thai SDR on SGX<o:p></o:p></span></b></p></td></tr><tr><td style="border-bottom: 1pt solid windowtext; border-image: initial; border-left: 1pt solid windowtext; border-right: 1pt solid windowtext; border-top: none; border: solid windowtext 1.0pt; padding: 0in 5.4pt; width: 166.25pt;" valign="top" width="222"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt;">Airports of Thailand<o:p></o:p></span></p></td><td style="border-bottom: 1pt solid windowtext; border-left: none; border-right: 1pt solid windowtext; border-top: none; padding: 0in 5.4pt; width: 2.25in;" valign="top" width="216"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt;">AOT.BK<o:p></o:p></span></p></td><td style="border-bottom: 1pt solid windowtext; border-left: none; border-right: 1pt solid windowtext; border-top: none; padding: 0in 5.4pt; width: 139.25pt;" valign="top" width="186"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt;">TATD<o:p></o:p></span></p></td></tr><tr><td style="border-bottom: 1pt solid windowtext; border-image: initial; border-left: 1pt solid windowtext; border-right: 1pt solid windowtext; border-top: none; border: solid windowtext 1.0pt; padding: 0in 5.4pt; width: 166.25pt;" valign="top" width="222"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt;">PTT Exploration & Production<o:p></o:p></span></p></td><td style="border-bottom: 1pt solid windowtext; border-left: none; border-right: 1pt solid windowtext; border-top: none; padding: 0in 5.4pt; width: 2.25in;" valign="top" width="216"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt;">PTTEP.BK<o:p></o:p></span></p></td><td style="border-bottom: 1pt solid windowtext; border-left: none; border-right: 1pt solid windowtext; border-top: none; padding: 0in 5.4pt; width: 139.25pt;" valign="top" width="186"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt;">TPED<o:p></o:p></span></p></td></tr><tr><td style="border-bottom: 1pt solid windowtext; border-image: initial; border-left: 1pt solid windowtext; border-right: 1pt solid windowtext; border-top: none; border: solid windowtext 1.0pt; padding: 0in 5.4pt; width: 166.25pt;" valign="top" width="222"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt;">CP All<o:p></o:p></span></p></td><td style="border-bottom: 1pt solid windowtext; border-left: none; border-right: 1pt solid windowtext; border-top: none; padding: 0in 5.4pt; width: 2.25in;" valign="top" width="216"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt;">CPALL.BK<o:p></o:p></span></p></td><td style="border-bottom: 1pt solid windowtext; border-left: none; border-right: 1pt solid windowtext; border-top: none; padding: 0in 5.4pt; width: 139.25pt;" valign="top" width="186"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt;">TCPD<o:p></o:p></span></p></td></tr></tbody></table><p class="MsoNormal" style="text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;"><o:p> </o:p></span></p><p class="MsoNormal" style="text-align: justify;"><b><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;">1) Airports of Thailand (AOT.BK)</span></b><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;"> manages and operates airports in Thailand and is a top Blue chip on SET with the highest weightage of 8% as Thailand is focused on Tourism.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEjaAf_RUMM3OienIm1SZLXi1FddGw43JFdCD8uOcwLt0A5kcB9RKuIvCEXPBmQmq8dEI-1SBq87EmXBlniW-sGMmGCOEvCoV7yNbgREHHRdE2ntSvugUInpAWMoWiJR768k2q2OmnyuzE2kOa3fvQyikux267oMtKYrpg94NvU4Ja2SPLtQ9adbwqtN2imF"><img alt="" border="0" height="310" id="BLOGGER_PHOTO_ID_7343434780171091522" src="https://blogger.googleusercontent.com/img/a/AVvXsEjaAf_RUMM3OienIm1SZLXi1FddGw43JFdCD8uOcwLt0A5kcB9RKuIvCEXPBmQmq8dEI-1SBq87EmXBlniW-sGMmGCOEvCoV7yNbgREHHRdE2ntSvugUInpAWMoWiJR768k2q2OmnyuzE2kOa3fvQyikux267oMtKYrpg94NvU4Ja2SPLtQ9adbwqtN2imF=w640-h310" width="640" /></a></span><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;"><o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;">Following up from the previous article released in early February 2024, we have continued to stay below the key resistance at 66 (S$2.50). This resistance was originally the support we broke down in Nov last year, and a firm move above would be needed for more upside to happen towards 76 (S$2.90) as per targets drawn.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;">The short-term trend is still slightly up for now as seen by the upward sloping 20-day moving average. However, this line may flatten if we continue to stay below the resistance at 66 (S$2.50), and this can lead to a sideway consolidation.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;">Over the past 3 months, we have managed to find a bottom around the 58 (S$2.20) level where buyers started to appear. This is a key level we have rebounded from since more than 2 years back so likely to see some buying pressure as prices approached here.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><u><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;">So how does one take a position in <b>Airport of Thailand</b> from the SDR listed on the SGX?<o:p></o:p></span></u></p><p class="MsoNormal" style="text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;">Well, you can take a position in this SDR, which is named <b>AIRPORTS OF TH TH SDR (TATD)</b>, currently priced at S$2.37.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;">As mentioned, this SDR is like a normal Singapore stock where its traded currency is in SGD and settlement procedures the same.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;">A break and close above 66 (S$2.50) can be a signal to enter a long trade aggressively to ride more momentum with a 14% upside as per target to 76 (S$2.90). Or, if it does retrace back to near its support again at 58 (S$2.20), an entry can be taken for a potential upside of about 13% if we rebound back to levels like 66 (S$2.50).<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;"><o:p> </o:p></span></p><p class="MsoNormal" style="text-align: justify;"><b><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;">2) PTT Exploration & Production (PTTEP.BK)</span></b><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;"> 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.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEjtib03jaqBqrVstUJixuwzxRi8gD5kbmlfbZnb1SEFK5L20hdhEAZ1dlNClkYxjxvMkDtzcw7rWd9opGoTf5p_srZCfN-STJOMNxFC2Z5x3mKBVsDRgSpGPMLSdCof3z_QRFPI46uUqPkUH-NMgnHcNvZag1SvH4fANHG1HWwcSg4PEn5EOcX_sV0mNZSC"><img alt="" border="0" height="314" id="BLOGGER_PHOTO_ID_7343434795140100578" src="https://blogger.googleusercontent.com/img/a/AVvXsEjtib03jaqBqrVstUJixuwzxRi8gD5kbmlfbZnb1SEFK5L20hdhEAZ1dlNClkYxjxvMkDtzcw7rWd9opGoTf5p_srZCfN-STJOMNxFC2Z5x3mKBVsDRgSpGPMLSdCof3z_QRFPI46uUqPkUH-NMgnHcNvZag1SvH4fANHG1HWwcSg4PEn5EOcX_sV0mNZSC=w640-h314" width="640" /></a></span><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;"><o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;">PTTEP.BK has managed to hold above the 150 (S$5.70) new support level over the past 1 month. This support was originally the resistance we traded below since Dec last year and finally a break above in the last month which is a positive.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;">As long as we hold above the 150 (S$5.70) support, further upside possible as per target towards 180 (S$6.85) which was the highs seen last year. <o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;">We have found some temporary resistance at 155 (S$5.90) over the past 2 weeks where some profit taking is happening so likely to see some consolidation now in the short term. The 20-day moving average line, which represents the short-term trend has also begun to flatten out due to this. <o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;">One can consider entry above 150 (S$5.70) support for a potential break of 155 (S$5.90). Would be good to have a stop loss level at around 147 (S$5.58) to get out in case we fail to hold above 150 (S$5.70) support.<b><o:p></o:p></b></span></p><p class="MsoNormal" style="text-align: justify;"><u><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;">So how does one take a position in <b>PTT Exploration & Production </b>from the SDR listed on the SGX?<o:p></o:p></span></u></p><p class="MsoNormal" style="text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;">Well, you can take a position in this SDR, which is named <b>PTTEP TH SDR (TPED)</b>, currently priced at S$5.72.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;">For an entry near 150 (S$5.70) to ride to 180 (S$6.85), we are looking at an 18.8% potential upside as per targets.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;"><o:p> </o:p></span></p><p class="MsoNormal" style="text-align: justify;"><b><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;">3) CP ALL (CPALL.BK)</span></b><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;"> Operates the 7-Eleven convenience store chain in Thailand and has the most extensive convenience store network in the country.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEgNrCJfmM1QcFy2Ss6OJe-AsQqi6zoIcDJbTRUPmcAwUyUnfVTJjZotqiKgAMfiWMUM93bYso0_-E9ZY0Lsch6SfhtdISVf1wyua7X0P3GxJWWYcUP27FP3MYNU3cAL8O4DpXaTFMaeaBu4zQ2XZBQZHIwNvlZn0AQJ5TJosVuf2dAYwuVl4cCD4BAIZoGh"><img alt="" border="0" height="312" id="BLOGGER_PHOTO_ID_7343434809905473010" src="https://blogger.googleusercontent.com/img/a/AVvXsEgNrCJfmM1QcFy2Ss6OJe-AsQqi6zoIcDJbTRUPmcAwUyUnfVTJjZotqiKgAMfiWMUM93bYso0_-E9ZY0Lsch6SfhtdISVf1wyua7X0P3GxJWWYcUP27FP3MYNU3cAL8O4DpXaTFMaeaBu4zQ2XZBQZHIwNvlZn0AQJ5TJosVuf2dAYwuVl4cCD4BAIZoGh=w640-h312" width="640" /></a></span><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;"><o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;">We have indeed seen a rebound for CPALL.BK from the 50 (S$1.90) support over the past month and it is now approaching the key resistance at 60 (S$2.28). Here is where some profit taking can happen again like we are seeing now.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;">We have also spotted some bearish candles like a Doji appearing in the last week (27 Feb 2024) as we near this 60 (S$2.28) resistance, so it is possible to see a slight retracement before an attempt to break this level again.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;">The 20-day moving average line, which represents the short-term trend is still pointing up with prices above for now so it is bullish. However, for the upside reversal to continue, we need to break the key resistance at 60 (S$2.28) firmly, with a close above on volume which can be a good signal.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;">One can consider an aggressive entry if it does break the key resistance at 60 (S$2.28) where target can be to 74 (S$2.80).<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><u><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;">So how does one take a position in <b>CP ALL </b>from the SDR listed on the SGX?<o:p></o:p></span></u></p><p class="MsoNormal" style="text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;">Well, you can take a position in this SDR, which is named <b>CP ALL TH SDR (TCPD) </b>currently priced at S$2.16. For an entry above the 60 (S$2.28) resistance on a break, we are looking at a 21% potential upside as per targets to S$2.80.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;"><o:p> </o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;"><o:p> </o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;">Footnote: Currency conversion used from THB to SGD is 0.038.<o:p></o:p></span></p><p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;"><o:p> </o:p></span></p></div>Trading Impossible | Joey Choyhttp://www.blogger.com/profile/01691901882505345210noreply@blogger.com0tag:blogger.com,1999:blog-5927705535481372590.post-82487194830017684502024-03-05T17:51:00.001+08:002024-03-05T17:52:45.172+08:00๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ซ๐ญ: ๐ ๐๐ก๐ข๐ฉ๐ฉ๐ข๐ง๐ ๐๐ญ๐จ๐๐ค๐ฌ ๐๐๐ฏ๐๐ซ๐ฌ๐๐ฅ ๐๐ฉ๐๐๐ญ๐ | ๐๐% ๐๐ฉ๐ฌ๐ข๐๐<div class="WordSection1"> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;">Over the past 2 months, we have seen 2 Singapore shipping stocks come back into our radar with bullish reversal signals spotted. <o:p></o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;">Both of them have hit our targets and some profit taking seen. <o:p></o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;">The question is, can there be more upside from here? <o:p></o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;">Where can one think about getting in again?<o:p></o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;">Watch this video to the end to find out >>> <a href="https://youtu.be/vzZot8GrsUc">https://youtu.be/vzZot8GrsUc</a><o:p></o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEhJv681RsQpOuSWJcvUUwtSrj3yXMW4dQvgautWz-6yjusrmTqAuEH_bmSPNUwuOWGNjlXn2HQejv2WQBzUMNgork1OAUM8--1SFkSvqJ-l8mzoLMSUtYx6iOOy2i7AQ1ZocnvimUaPqrlwhU6NenYtiWRO7vuJQKNQLiumQNscgNTi8RJjZwDzUw69oyJ-"><img alt="" border="0" height="360" id="BLOGGER_PHOTO_ID_7342814799684940962" src="https://blogger.googleusercontent.com/img/a/AVvXsEhJv681RsQpOuSWJcvUUwtSrj3yXMW4dQvgautWz-6yjusrmTqAuEH_bmSPNUwuOWGNjlXn2HQejv2WQBzUMNgork1OAUM8--1SFkSvqJ-l8mzoLMSUtYx6iOOy2i7AQ1ZocnvimUaPqrlwhU6NenYtiWRO7vuJQKNQLiumQNscgNTi8RJjZwDzUw69oyJ-=w640-h360" width="640" /></a></span><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p></o:p></span></p> </div> Trading Impossible | Joey Choyhttp://www.blogger.com/profile/01691901882505345210noreply@blogger.com0tag:blogger.com,1999:blog-5927705535481372590.post-54298292065646254182024-02-29T18:20:00.001+08:002024-02-29T18:21:41.853+08:00๐๐ฉ๐ฉ๐ฅ๐ ๐๐ญ๐จ๐๐ค ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ (๐๐๐๐) | ๐๐ซ๐ข๐๐ ๐๐๐ซ๐ ๐๐ญ ๐๐ซ๐๐๐ข๐๐ญ๐ข๐จ๐ง (๐๐๐ซ ๐๐๐๐) ๐๐<div class="WordSection1"> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-family: "Cambria Math",serif; font-size: 16pt;">๐๐ฉ๐ฉ๐ฅ๐</span><span face=""Calibri",sans-serif" style="font-size: 16pt;"> </span><span style="font-family: "Cambria Math",serif; font-size: 16pt;">๐๐ญ๐จ๐๐ค</span><span face=""Calibri",sans-serif" style="font-size: 16pt;"> </span><span style="font-family: "Cambria Math",serif; font-size: 16pt;">๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ</span><span face=""Calibri",sans-serif" style="font-size: 16pt;"> (</span><span style="font-family: "Cambria Math",serif; font-size: 16pt;">๐๐๐๐</span><span face=""Calibri",sans-serif" style="font-size: 16pt;">) | </span><span style="font-family: "Cambria Math",serif; font-size: 16pt;">๐๐ซ๐ข๐๐</span><span face=""Calibri",sans-serif" style="font-size: 16pt;"> </span><span style="font-family: "Cambria Math",serif; font-size: 16pt;">๐๐๐ซ๐ ๐๐ญ</span><span face=""Calibri",sans-serif" style="font-size: 16pt;"> </span><span style="font-family: "Cambria Math",serif; font-size: 16pt;">๐๐ซ๐๐๐ข๐๐ญ๐ข๐จ๐ง</span><span face=""Calibri",sans-serif" style="font-size: 16pt;"> (</span><span style="font-family: "Cambria Math",serif; font-size: 16pt;">๐๐๐ซ</span><span face=""Calibri",sans-serif" style="font-size: 16pt;"> </span><span style="font-family: "Cambria Math",serif; font-size: 16pt;">๐๐๐๐</span><span face=""Calibri",sans-serif" style="font-size: 16pt;">) </span><span face=""Segoe UI Emoji",sans-serif" style="font-size: 16pt;">๐๐</span><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p></o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;">One of the most popular and the 2nd largest Market cap stock in the US that have seen weakness in recent weeks.<o:p></o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;">Can this NEW Support be an opportunity ON DIPS? <o:p></o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;">What to look out for to catch the reversal?<o:p></o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;">Watch video to find out >> <a href="https://youtu.be/hlOvXnbPseo">https://youtu.be/hlOvXnbPseo</a><o:p></o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 12pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 12pt;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEh1tCs0DJoNrnh85LF9xo8zVCzcIktFYI8SA69YydhWrEu_FQFPV-mC_tYbDWvBR_osyeLqxRg9yS1xR2wkgDNSnKqK4X0UVIGQJNN8xK8ftRWCb5HFO-amaE8WuNkSbMuZWQ8ubyqYcCzInemKH_T3tehVCNC-0kcMje6bHQ4k637e36MPHLRy61Ab1c8a"><img alt="" border="0" height="360" id="BLOGGER_PHOTO_ID_7340966901013306866" src="https://blogger.googleusercontent.com/img/a/AVvXsEh1tCs0DJoNrnh85LF9xo8zVCzcIktFYI8SA69YydhWrEu_FQFPV-mC_tYbDWvBR_osyeLqxRg9yS1xR2wkgDNSnKqK4X0UVIGQJNN8xK8ftRWCb5HFO-amaE8WuNkSbMuZWQ8ubyqYcCzInemKH_T3tehVCNC-0kcMje6bHQ4k637e36MPHLRy61Ab1c8a=w640-h360" width="640" /></a></span><span face=""Calibri",sans-serif" style="font-size: 12pt;"><o:p></o:p></span></p> </div> Trading Impossible | Joey Choyhttp://www.blogger.com/profile/01691901882505345210noreply@blogger.com0tag:blogger.com,1999:blog-5927705535481372590.post-20957473088942308252024-02-23T15:39:00.001+08:002024-02-23T15:40:05.935+08:00๐๐ฏ๐ข๐๐ข๐ ๐๐ญ๐จ๐๐ค ๐๐ฑ๐ฉ๐ฅ๐จ๐๐๐ฌ ๐จ๐ง ๐๐๐ซ๐ง๐ข๐ง๐ ๐ฌ | ๐๐ซ๐ข๐๐ ๐๐๐ซ๐ ๐๐ญ ๐๐ซ๐๐๐ข๐๐ญ๐ข๐จ๐ง<div class="WordSection1"> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">Nvidia (NVDA) has been one of the best performing Artificial Intelligence stocks in the US market since beginning of last year. <o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">It has surged to a new all time high on an impressive set of earnings. <o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">Can it push higher still or should one be cautious? </span><span face=""Segoe UI Emoji",sans-serif" style="font-size: 16pt;">๐</span><span style="font-size: 16pt;"> >> <a href="https://youtu.be/-XhjHcFWoKw">https://youtu.be/-XhjHcFWoKw</a><o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEh0hSat9CIL_OP0kdz5cH172UlUM4WSxtkI0kmMB0A4w6AdsAzZlOpmIc5Ml6FzX2fKpn7tJoP6zZAubrgZ0kDShpGvvWnwYPDH3LuitwZj08QE-1L60DDVc_Danj7z3FUVSnJbWZtVDgEQMLXMiB-gY4OHyl5tANeV0tWfYFIA-sIK48lRKTQ9X5mvl4h_"><img alt="" border="0" height="360" id="BLOGGER_PHOTO_ID_7338698822050288098" src="https://blogger.googleusercontent.com/img/a/AVvXsEh0hSat9CIL_OP0kdz5cH172UlUM4WSxtkI0kmMB0A4w6AdsAzZlOpmIc5Ml6FzX2fKpn7tJoP6zZAubrgZ0kDShpGvvWnwYPDH3LuitwZj08QE-1L60DDVc_Danj7z3FUVSnJbWZtVDgEQMLXMiB-gY4OHyl5tANeV0tWfYFIA-sIK48lRKTQ9X5mvl4h_=w640-h360" width="640" /></a></span><span style="font-size: 16pt;"><o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">Watch this video to the end as I explain the recent earnings announcement, <o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">what happened last year when I called for it and if we should positions ourselves in this stock still for more upside.<o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">Discover here >> <a href="https://youtu.be/-XhjHcFWoKw"> https://youtu.be/-XhjHcFWoKw</a><o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> </div> Trading Impossible | Joey Choyhttp://www.blogger.com/profile/01691901882505345210noreply@blogger.com0tag:blogger.com,1999:blog-5927705535481372590.post-55832079752457021482024-02-21T15:49:00.001+08:002024-02-21T15:50:08.269+08:00๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐'๐ฌ ๐๐๐๐ก ๐๐ญ๐จ๐๐ค ๐๐๐ฆ๐ฌ: ๐ ๐๐ข๐๐ค๐ฌ ๐๐จ๐ซ ๐๐๐ฌ๐ฌ๐ข๐ฏ๐ ๐๐๐ญ๐ฎ๐ซ๐ง๐ฌ | ๐๐๐๐ก๐ง๐ข๐๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐๐๐๐ฉ ๐๐ข๐ฏ๐<div class="WordSection1"> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">With the Federal Reserve hinting to rate cuts in 2024, it has triggered strength in the technology sector, even in the Singapore stock market. <o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">Unlock the potential of Singapore's booming technology sector with our expertly curated list of the top 3 tech stocks poised for massive returns in 2024. <o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEjxH9pX06gGdp0y77NWVNL33NP1DbjlWqgbnGl0sdeaxye7dDsd9gCpDO17xoCfadwfbKkWKp2qoyI9E1kn0wxh5Io6vIw7tnTNo_Fz2Zd1pqVOnYdOXR7P-hPl9efehvoqqWVwdMNgnwMRBPoc13ekZv-rw0hVE-CLWPRI9EovDsuw1acsE2Rk7VX6DZI3"><img alt="" border="0" height="360" id="BLOGGER_PHOTO_ID_7337959199853096962" src="https://blogger.googleusercontent.com/img/a/AVvXsEjxH9pX06gGdp0y77NWVNL33NP1DbjlWqgbnGl0sdeaxye7dDsd9gCpDO17xoCfadwfbKkWKp2qoyI9E1kn0wxh5Io6vIw7tnTNo_Fz2Zd1pqVOnYdOXR7P-hPl9efehvoqqWVwdMNgnwMRBPoc13ekZv-rw0hVE-CLWPRI9EovDsuw1acsE2Rk7VX6DZI3=w640-h360" width="640" /></a></span><span style="font-size: 16pt;"><o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">Join us as we take a deep dive into the technical analysis behind these promising investments, guiding you through the trends and indicators that signal their standout potential. <o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">Find out why I like them on the chart and why they are even on my watchlist. <o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">What are the TOP 3 SG Tech stocks poised for massive returns in 2024 as the cuts happen?<o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">Find out why they are even on my watchlist and how to position yourself >> <a href="https://youtu.be/ydfm-Vxvf2Y">https://youtu.be/ydfm-Vxvf2Y</a><o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> </div> Trading Impossible | Joey Choyhttp://www.blogger.com/profile/01691901882505345210noreply@blogger.com0tag:blogger.com,1999:blog-5927705535481372590.post-31131739852931704042024-02-16T15:34:00.001+08:002024-02-16T15:35:25.529+08:00๐๐ฎ๐ฒ ๐๐ก๐ข๐ฌ ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐ ๐๐๐ง๐ค ๐๐ญ๐จ๐๐ค ๐๐จ๐ซ ๐๐ง๐จ๐ญ๐ก๐๐ซ ๐๐% ๐๐ฉ๐ฌ๐ข๐๐ | ๐๐๐ข๐ญ ๐ ๐จ๐ซ ๐๐ญ<div class="WordSection1"> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">The Singapore banks, DBS, UOB and OCBC have all rebounded from their key support levels over the past few days. <o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">Can there be more upside ahead? <o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">Well, it depends on whether they are able to break some of the resistance over the past 2 years. <o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">Check out where selling can happen again for each and why 1 bank stands out the most for me now.<o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">Watch video here >> <a href="https://youtu.be/P7Jn-F8OAUU"> https://youtu.be/P7Jn-F8OAUU</a><o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 12pt;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEi693oHWPpkJ8EzmFiYFXe3NO6jYeYLDQre2QMUxfmMOtOQ7bGIwKis-xQ6gxqC0vLuXMTovfxo7ZAe1QvpaCSjVoBtjNBDN5oP8XbEqPhCJZ22IVF0tN7XPb_1rzwIdLEHX6_wZ5JhQ1snAosebfVizaD517IMahCPw1k-_YkeY-E2hVpUVk0ALa0PUoUv"><img alt="" border="0" height="360" id="BLOGGER_PHOTO_ID_7336099955861925890" src="https://blogger.googleusercontent.com/img/a/AVvXsEi693oHWPpkJ8EzmFiYFXe3NO6jYeYLDQre2QMUxfmMOtOQ7bGIwKis-xQ6gxqC0vLuXMTovfxo7ZAe1QvpaCSjVoBtjNBDN5oP8XbEqPhCJZ22IVF0tN7XPb_1rzwIdLEHX6_wZ5JhQ1snAosebfVizaD517IMahCPw1k-_YkeY-E2hVpUVk0ALa0PUoUv=w640-h360" width="640" /></a></span><span style="font-size: 12pt;"><o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 12pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 12pt;"><o:p> </o:p></span></p> </div> Trading Impossible | Joey Choyhttp://www.blogger.com/profile/01691901882505345210noreply@blogger.com0tag:blogger.com,1999:blog-5927705535481372590.post-73593449427695604962024-02-14T14:23:00.001+08:002024-02-14T14:35:33.968+08:00๐๐ก๐ ๐๐ข๐๐๐๐ง ๐๐๐ฆ๐ฌ: ๐๐จ๐ซ๐ ๐๐ฉ๐ฌ๐ข๐๐ ๐๐จ๐ญ๐๐ง๐ญ๐ข๐๐ฅ ๐ข๐ง ๐๐ก๐๐ฌ๐ ๐ ๐๐ ๐ฌ๐ญ๐จ๐๐ค๐ฌ?<div class="WordSection1"> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">What are 2 Singapore stocks that you can put in your watchlist for potentially MORE upside gains. <o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">Have covered them previously and they have pushed towards my targets, <o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">but can there be more strength still? <o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">Watch this video to find out why they are still in my watchlist.<o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 12pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 12pt;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEh2iRGYr3RqjJyzrY9IhsYVvAerU3uKnfyzWjW-Uuw86iX7vq4he4b-Vf_0Rfk6F2PZ4q45kHbab5LFpIPYfFLLMptThseOJ7Gp4m8SsHJzmdqqXWShSWk1frCsr93HIfxOb9kZqIE9ZzE9n4ubZ2TC4NetdsSOf8o24CYLeG-P9a-Ttu4YgQ_OzC-3GTtv"><img alt="" border="0" height="360" id="BLOGGER_PHOTO_ID_7335339415091666418" src="https://blogger.googleusercontent.com/img/a/AVvXsEh2iRGYr3RqjJyzrY9IhsYVvAerU3uKnfyzWjW-Uuw86iX7vq4he4b-Vf_0Rfk6F2PZ4q45kHbab5LFpIPYfFLLMptThseOJ7Gp4m8SsHJzmdqqXWShSWk1frCsr93HIfxOb9kZqIE9ZzE9n4ubZ2TC4NetdsSOf8o24CYLeG-P9a-Ttu4YgQ_OzC-3GTtv=w640-h360" width="640" /></a></span><span style="font-size: 12pt;"><o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 12pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">One of them is more of a firm up trending play and the other one is more of a reversal play that perhaps has only just begunโฆ.<o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">Find out the key levels to break for more upside to happenโฆ<o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">What are the key supports for that to happen? <o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">Watch video to find out >> <a href="https://youtu.be/Hnv6F7pe1dk"> https://youtu.be/Hnv6F7pe1dk</a><o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 12pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 12pt;"><o:p> </o:p></span></p> </div> Trading Impossible | Joey Choyhttp://www.blogger.com/profile/01691901882505345210noreply@blogger.com0tag:blogger.com,1999:blog-5927705535481372590.post-2549999422860328582024-02-07T14:28:00.001+08:002024-02-07T14:30:36.389+08:00๐๐ข๐๐ข๐ง๐ ๐๐ซ๐๐ง๐๐ฌ ๐ฐ๐ข๐ญ๐ก ๐๐จ๐ฏ๐ข๐ง๐ ๐๐ฏ๐๐ซ๐๐ ๐๐ฌ: ๐ ๐๐๐ฆ๐-๐๐ก๐๐ง๐ ๐๐ซ ๐ข๐ง ๐๐ฒ ๐๐ซ๐๐๐ข๐ง๐ ๐๐จ๐ฎ๐ซ๐ง๐๐ฒ<div class="WordSection1"> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">I am sure you have heard of this phrase, "The Trend Is Your Best Friend"<o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">But how do we even know the trend? Can we spot it in seconds?<o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">Discover it here as I break it down for you with live case studies >> <a href="https://youtu.be/YKDDcsqEpLA">https://youtu.be/YKDDcsqEpLA</a><o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 12pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 12pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 12pt;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEgVeYzT7gXMfPSso5UcwCxktEW-mJYWF6ZF2JFq7ZGKrVY3WEY01KXawF7tTXJ6_PnwPKkaiI3o3QGKmiyEPQdda2SbXyI4amqY1z7QSuEUXV7kKx3qKtymZ_NroA0_TAkLlqHlZ_eGee1ZWWfjuSa_O3NOTAbe72M7NvHJYDfTY789mQIusgafUA6hbRTF"><img alt="" border="0" height="360" id="BLOGGER_PHOTO_ID_7332743112671587746" src="https://blogger.googleusercontent.com/img/a/AVvXsEgVeYzT7gXMfPSso5UcwCxktEW-mJYWF6ZF2JFq7ZGKrVY3WEY01KXawF7tTXJ6_PnwPKkaiI3o3QGKmiyEPQdda2SbXyI4amqY1z7QSuEUXV7kKx3qKtymZ_NroA0_TAkLlqHlZ_eGee1ZWWfjuSa_O3NOTAbe72M7NvHJYDfTY789mQIusgafUA6hbRTF=w640-h360" width="640" /></a></span><span style="font-size: 12pt;"><o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">Here is where I dive deep into how leveraging moving averages has revolutionized my approach to trend trading in the stock market. <o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">Get to understand the fundamentals of moving averages (MAs) and how they can be used to identify market trends. <o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">See real-life examples of how I apply moving averages to spot trends, set entry and exit points, and manage risk in my trades. <o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">Learn about moving average crossovers, one of the most powerful signals for trend traders, and how to interpret these signals to make informed decisions.<o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">Discover it here >> <a href="https://youtu.be/YKDDcsqEpLA"> https://youtu.be/YKDDcsqEpLA</a><o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">Attend a FREE webinar to learn more HOW to pick winners in the stock market and ride them: <a href="https://bit.ly/1GTLive">https://bit.ly/1GTLive</a><o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> </div> Trading Impossible | Joey Choyhttp://www.blogger.com/profile/01691901882505345210noreply@blogger.com0tag:blogger.com,1999:blog-5927705535481372590.post-38926907658155637052024-02-06T16:29:00.001+08:002024-02-06T16:32:10.630+08:00Thai Stock Mastery: Seizing SGX's Lucrative Opportunities<div class="WordSection1"><p class="MsoNormal"><span style="font-size: 16pt; line-height: 106%;"><o:p> </o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">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?<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">Since end of May 2023, it is now possible.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">We can take a position in some of the Top Thailand companies like any other stocks listed on the Singapore Exchange.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">We can buy what is called <b>Singapore Depository Receipts, in short, SDRs.<o:p></o:p></b></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">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. <o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">It will enable SGX investors to expand investment horizons to overseas listed companies in a simple and cost-efficient manner.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">So, with the launch of 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.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">There are 3 blue chips Thai underlying SDRs currently which is what I will be talking about in this article and how you can potentially profit from.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">I will be analyzing the charts of these 3 underlying Thailand stocks before sharing how one can take a position on the SDRs listed on the SGX and the potential target price based on current price levels. <o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;"><o:p> </o:p></span></p><p class="MsoNormal" style="text-align: justify;"><b><span style="font-size: 16pt; line-height: 106%;">The 3 underlying Thai stocks listed in the SET and their codes are:<o:p></o:p></span></b></p><table border="1" cellpadding="0" cellspacing="0" class="MsoTableGrid" style="border-collapse: collapse; border: none;"><tbody><tr><td style="border: 1pt solid windowtext; padding: 0in 5.4pt; width: 166.25pt;" valign="top" width="222"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><span style="font-size: 16pt;"><o:p> </o:p></span></p></td><td style="border-bottom: 1pt solid windowtext; border-image: initial; border-left: none; border-right: 1pt solid windowtext; border-top: 1pt solid windowtext; border: solid windowtext 1.0pt; padding: 0in 5.4pt; width: 2.25in;" valign="top" width="216"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><b><span style="font-size: 16pt;">Underlying Thai stocks on SET <o:p></o:p></span></b></p></td><td style="border-bottom: 1pt solid windowtext; border-image: initial; border-left: none; border-right: 1pt solid windowtext; border-top: 1pt solid windowtext; border: solid windowtext 1.0pt; padding: 0in 5.4pt; width: 139.25pt;" valign="top" width="186"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><b><span style="font-size: 16pt;">Thai SDR on SGX<o:p></o:p></span></b></p></td></tr><tr><td style="border-bottom: 1pt solid windowtext; border-image: initial; border-left: 1pt solid windowtext; border-right: 1pt solid windowtext; border-top: none; border: solid windowtext 1.0pt; padding: 0in 5.4pt; width: 166.25pt;" valign="top" width="222"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><span style="font-size: 16pt;">Airports of Thailand<o:p></o:p></span></p></td><td style="border-bottom: 1pt solid windowtext; border-left: none; border-right: 1pt solid windowtext; border-top: none; padding: 0in 5.4pt; width: 2.25in;" valign="top" width="216"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><span style="font-size: 16pt;">AOT.BK<o:p></o:p></span></p></td><td style="border-bottom: 1pt solid windowtext; border-left: none; border-right: 1pt solid windowtext; border-top: none; padding: 0in 5.4pt; width: 139.25pt;" valign="top" width="186"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><span style="font-size: 16pt;">TATD<o:p></o:p></span></p></td></tr><tr><td style="border-bottom: 1pt solid windowtext; border-image: initial; border-left: 1pt solid windowtext; border-right: 1pt solid windowtext; border-top: none; border: solid windowtext 1.0pt; padding: 0in 5.4pt; width: 166.25pt;" valign="top" width="222"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><span style="font-size: 16pt;">PTT Exploration & Production<o:p></o:p></span></p></td><td style="border-bottom: 1pt solid windowtext; border-left: none; border-right: 1pt solid windowtext; border-top: none; padding: 0in 5.4pt; width: 2.25in;" valign="top" width="216"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><span style="font-size: 16pt;">PTTEP.BK<o:p></o:p></span></p></td><td style="border-bottom: 1pt solid windowtext; border-left: none; border-right: 1pt solid windowtext; border-top: none; padding: 0in 5.4pt; width: 139.25pt;" valign="top" width="186"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><span style="font-size: 16pt;">TPED<o:p></o:p></span></p></td></tr><tr><td style="border-bottom: 1pt solid windowtext; border-image: initial; border-left: 1pt solid windowtext; border-right: 1pt solid windowtext; border-top: none; border: solid windowtext 1.0pt; padding: 0in 5.4pt; width: 166.25pt;" valign="top" width="222"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><span style="font-size: 16pt;">CP All<o:p></o:p></span></p></td><td style="border-bottom: 1pt solid windowtext; border-left: none; border-right: 1pt solid windowtext; border-top: none; padding: 0in 5.4pt; width: 2.25in;" valign="top" width="216"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><span style="font-size: 16pt;">CPALL.BK<o:p></o:p></span></p></td><td style="border-bottom: 1pt solid windowtext; border-left: none; border-right: 1pt solid windowtext; border-top: none; padding: 0in 5.4pt; width: 139.25pt;" valign="top" width="186"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><span style="font-size: 16pt;">TCPD<o:p></o:p></span></p></td></tr></tbody></table><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;"><o:p> </o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;"><o:p> </o:p></span></p><p class="MsoNormal" style="text-align: justify;"><b><span style="font-size: 16pt; line-height: 106%;">1) Airports of Thailand (AOT.BK)</span></b><span style="font-size: 16pt; line-height: 106%;"> manages and operates airports in Thailand and is a top Blue chip on SET with the highest weightage of 8% as Thailand is focused on Tourism.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 12pt; line-height: 106%;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEh51OhB7_V6U5WQMzQpwoci-frdrreUp_nFFUPblJYhh-VknZNrKxZ4CjJQfl0vMU_8kAHG8ivWjwT9LtJNw8SGkyF3GNQ6HyKsIKIgsLpZwqP_aAiTMEojlhUR8qHM87zzRWa0y1BdEI9LR-g-IYa7kGX4Rb394rp6c1rYFmbvvu6h5mlTw31gFGRnP28v"><img alt="" border="0" height="308" id="BLOGGER_PHOTO_ID_7332403370367576338" src="https://blogger.googleusercontent.com/img/a/AVvXsEh51OhB7_V6U5WQMzQpwoci-frdrreUp_nFFUPblJYhh-VknZNrKxZ4CjJQfl0vMU_8kAHG8ivWjwT9LtJNw8SGkyF3GNQ6HyKsIKIgsLpZwqP_aAiTMEojlhUR8qHM87zzRWa0y1BdEI9LR-g-IYa7kGX4Rb394rp6c1rYFmbvvu6h5mlTw31gFGRnP28v=w640-h308" width="640" /></a></span><span style="font-size: 12pt; line-height: 106%;"><o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 12pt; line-height: 106%;"><o:p> </o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">Over the past 2 months, we have continued to see support coming back at 58 (S$2.20) where buyers started to bargain hunt. As mentioned previously, this is a key level we have rebounded from since more than 2 years back so likely to see some buying pressure as prices approached here.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">The short-term trend has also started to point up over the past few days as seen from the 20-day moving average with prices crossing back above it. May see some near-term upside towards the next resistance at 66 (S$2.50) where some profit taking can happen again. <o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">This resistance was originally the support we broke down in Nov 2023 would be key for the reversal to continue towards 76 (S$2.90). For the longer-term trend to reverse up as well, we need to break the 66 (S$2.50) level firmly and stay above.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><u><span style="font-size: 16pt; line-height: 106%;">So how does one take a position in <b>Airport of Thailand</b> from the SDR listed on the SGX?<o:p></o:p></span></u></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">Well, you can take a position in this SDR, which is named <b>AIRPORTS OF TH TH SDR (TATD)</b>, currently priced at S$2.36.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">As mentioned, this SDR is like a normal Singapore stock where its traded currency is in SGD and settlement procedures the same.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">If it does dip back to near its support again at 58 (S$2.20) and some bullish candles are spotted, an entry can be taken for a potential upside of about 13% if we rebound back to levels like 66 (S$2.50).<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;"><o:p> </o:p></span></p><p class="MsoNormal" style="text-align: justify;"><b><span style="font-size: 16pt; line-height: 106%;">2) PTT Exploration & Production (PTTEP.BK)</span></b><span style="font-size: 16pt; line-height: 106%;"> 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.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 12pt; line-height: 106%;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEgJ5NRQi9qwEATVbTMMelufJquD43Le5GvYgAqFbck7i6yiGeZfrJ83RiSpuof79I8T6ItozliSTZPhOA7gbj8m-OmzD54hDn8JtZ4pwQs1gfeDBToBnDqdedMI5Vr1ze43hFPfGAsieAmfbLP0Dqq61BC2m9ATqkkuv8ASVaBojuivxF4es-N7wkrxT5TM"><img alt="" border="0" height="312" id="BLOGGER_PHOTO_ID_7332403386017596962" src="https://blogger.googleusercontent.com/img/a/AVvXsEgJ5NRQi9qwEATVbTMMelufJquD43Le5GvYgAqFbck7i6yiGeZfrJ83RiSpuof79I8T6ItozliSTZPhOA7gbj8m-OmzD54hDn8JtZ4pwQs1gfeDBToBnDqdedMI5Vr1ze43hFPfGAsieAmfbLP0Dqq61BC2m9ATqkkuv8ASVaBojuivxF4es-N7wkrxT5TM=w640-h312" width="640" /></a></span><span style="font-size: 12pt; line-height: 106%;"><o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 12pt; line-height: 106%;"><o:p> </o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">PTTEP.BK currently trading at 151 (S$5.75) is still attempting to firmly break the critical 150 (S$5.70) resistance that it has traded below for about 2 months now. Over the past month, seems like a higher support has come out at around 145 (S$5.50) as it consolidates above it now.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">The 20-day moving average line which represents the short-term trend has begun to flatten out again after pointing upwards due to the upticks seen in December 2023. Only a firm move above 150 (S$5.70) resistance can see the short-term trend turn up again. This can happen with prices closing from 152 โ 156 on above average volume that can show buyers ready to take it to the next higher phase.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">The upside target can be to 160 (S$6.08) first then 180 (S$6.85) which was the recent high last year. One can consider entry above 145 (S$5.50) support for a potential break of 150 (S$5.70).<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">Would be good to have a stop loss level at around 142 (S$5.40) to get out in case we fail to hold above 145 (S$5.50) support.<b><o:p></o:p></b></span></p><p class="MsoNormal" style="text-align: justify;"><u><span style="font-size: 16pt; line-height: 106%;">So how does one take a position in <b>PTT Exploration & Production </b>from the SDR listed on the SGX?<o:p></o:p></span></u></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">Well, you can take a position in this SDR, which is named <b>PTTEP TH SDR (TPED)</b>, currently priced at S$5.72.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">For an entry near 145 (S$5.50) to ride to 180 (S$6.85), we are looking at an 23% potential upside as per targets.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;"><o:p> </o:p></span></p><p class="MsoNormal" style="text-align: justify;"><b><span style="font-size: 16pt; line-height: 106%;">3) CP ALL (CPALL.BK)</span></b><span style="font-size: 16pt; line-height: 106%;"> Operates the 7-Eleven convenience store chain in Thailand and has the most extensive convenience store network in the country.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 12pt; line-height: 106%;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEj2Ca3koJb17DHcZGBZl-nQ2QqIx-oM8QwoSRBKsPED2HNaFLrAQW0cGGFhyzYuxu_X-x8ereILG5P468FqdjQXgpP-XyP6fqTyrp_0gWGlABOoMson2g8w7az2NbF0vBQn_dVcMwcRzZnISStYasZRmp1PsgFO_ACaGk9FQzIHFIcQumqJiO3kKuxlVU3I"><img alt="" border="0" height="310" id="BLOGGER_PHOTO_ID_7332403395955832386" src="https://blogger.googleusercontent.com/img/a/AVvXsEj2Ca3koJb17DHcZGBZl-nQ2QqIx-oM8QwoSRBKsPED2HNaFLrAQW0cGGFhyzYuxu_X-x8ereILG5P468FqdjQXgpP-XyP6fqTyrp_0gWGlABOoMson2g8w7az2NbF0vBQn_dVcMwcRzZnISStYasZRmp1PsgFO_ACaGk9FQzIHFIcQumqJiO3kKuxlVU3I=w640-h310" width="640" /></a></span><span style="font-size: 12pt; line-height: 106%;"><o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 12pt; line-height: 106%;"><o:p> </o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">CPALL.BK has continued to hold above the 50 (S$1.90) support over the past month and has staged a rebound from this key psychological level again over the past few days.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">With prices crossing back above the 20-day moving average, we may start to see some short-term upside back to 60 (S$2.28). This level is now a key resistance to watch, and it was originally the support we broke in Oct last year. <o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">The longer-term trend is still pointing down below this 60 (S$2.28) resistance as seen from the 100 day and 200 day moving averages lines which are pointing down with prices below them.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">One can consider timing entry near the 50 (S$1.90) support level again if it dips which can offer much more upside.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><u><span style="font-size: 16pt; line-height: 106%;">So how does one take a position in <b>CP ALL </b>from the SDR listed on the SGX?<o:p></o:p></span></u></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">Well, you can take a position in this SDR, which is named <b>CP ALL TH SDR (TCPD) </b>currently priced at S$2.09. For an entry near the 50 (S$1.90) support, we are looking at a 19% potential upside as per targets to S$2.28.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;"><o:p> </o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;"><o:p> </o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">Footnote: Currency conversion used from THB to SGD is 0.038.<o:p></o:p></span></p><p class="MsoNormal"><span style="font-size: 12pt; line-height: 106%;"><o:p> </o:p></span></p></div>Trading Impossible | Joey Choyhttp://www.blogger.com/profile/01691901882505345210noreply@blogger.com0tag:blogger.com,1999:blog-5927705535481372590.post-39361730695089473572024-02-02T10:08:00.000+08:002024-02-02T10:12:59.255+08:00๐๐ฌ๐ค ๐๐ ๐๐ง๐ฒ ๐๐ ๐๐ญ๐จ๐๐ค๐ฌ ๐๐ข๐ฏ๐ ๐๐ก๐จ๐ฐ ๐๐ฒ ๐๐จ๐๐ฒ ๐๐ก๐จ๐ฒ Replay - 1 FEB 2024<div class="WordSection1"> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-family: "Cambria Math",serif; font-size: 16pt;">๐๐ฌ๐ค</span><span style="font-size: 16pt;"> </span><span style="font-family: "Cambria Math",serif; font-size: 16pt;">๐๐</span><span style="font-size: 16pt;"> </span><span style="font-family: "Cambria Math",serif; font-size: 16pt;">๐๐ง๐ฒ</span><span style="font-size: 16pt;"> </span><span style="font-family: "Cambria Math",serif; font-size: 16pt;">๐๐</span><span style="font-size: 16pt;"> </span><span style="font-family: "Cambria Math",serif; font-size: 16pt;">๐๐ญ๐จ๐๐ค๐ฌ</span><span style="font-size: 16pt;"> </span><span style="font-family: "Cambria Math",serif; font-size: 16pt;">๐๐ข๐ฏ๐</span><span style="font-size: 16pt;"> </span><span style="font-family: "Cambria Math",serif; font-size: 16pt;">๐๐ก๐จ๐ฐ</span><span style="font-size: 16pt;"> Replay - 1 FEB 2024<o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">>> <a href="https://youtube.com/live/JK24mUSnD4U"> https://youtube.com/live/JK24mUSnD4U</a><o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">With the Fed hinting that rate cuts in March are now unlikely, markets have sold off.<o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">So what's the outlook for 2024? Is it just some short term weakness before the next bull rally?<o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">See below for the Most Popular SG stocks asked and also 2 stocks that I like at the end. </span><span face=""Segoe UI Emoji",sans-serif" style="font-size: 16pt;">๐๐ช</span><span style="font-size: 16pt;"><o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEh2BgdhSGeuK3i4yrzbDmfJemTiu_lsRtSptLhR0XdTYS-hDNQ1qqPO1lgsSO1k1EddWqPidFF1jE4Wzjv8vE-6nF0H79vacC2qhss_gDJdZtNewld9yJoCfZaLf2la1Sf4gaRbiVfsV27yddZ0cvmzZfjKo8cS0kafqxnwJeT_Ex8uys0TDWOb6tDVQIu_"><img alt="" border="0" height="370" id="BLOGGER_PHOTO_ID_7330821156766880562" src="https://blogger.googleusercontent.com/img/a/AVvXsEh2BgdhSGeuK3i4yrzbDmfJemTiu_lsRtSptLhR0XdTYS-hDNQ1qqPO1lgsSO1k1EddWqPidFF1jE4Wzjv8vE-6nF0H79vacC2qhss_gDJdZtNewld9yJoCfZaLf2la1Sf4gaRbiVfsV27yddZ0cvmzZfjKo8cS0kafqxnwJeT_Ex8uys0TDWOb6tDVQIu_=w640-h370" width="640" /></a></span><span style="font-size: 16pt;"><o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-family: "Cambria Math",serif; font-size: 16pt;">๐๐๐๐๐๐๐๐๐</span><span style="font-size: 16pt;"><o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">07:41 - Dow Jones - In a firm uptrend for now.<o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">13:43 - S&P 500 - Attempting to hold above a new multi year high support now.<o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">29:40 - Geo Energy Res - Bullish stock in play now with a break of 0.35 resistance recently.<o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">38:44 - DBS - Selling towards 31 can be attractive..<o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">41:40 - UMS - Longer term uptrend intact, but resistance key...<o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">47:47 - SIA - Reversal ongoing with support holding well..<o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">52:30 - IFAST - Finding a new support on breakdown..<o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">56:19 - Keppel - Strong uptrend with occasional profit taking..<o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">1:00:38 - Seatrium - Back to a Key support level holding for almost 2 years..<o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">1:08:08 - Genting Sing - Reversal could still be on track..<o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">1:15:41 - 1ST </span><span style="font-family: "Cambria Math",serif; font-size: 16pt;">๐๐๐๐๐</span><span style="font-size: 16pt;"> </span><span style="font-family: "Cambria Math",serif; font-size: 16pt;">๐๐๐๐๐</span><span style="font-size: 16pt;"> THAT I LIVE REVEALED AND WHY<o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">1:23:29 - 2ND </span><span style="font-family: "Cambria Math",serif; font-size: 16pt;">๐๐๐๐๐</span><span style="font-size: 16pt;"> </span><span style="font-family: "Cambria Math",serif; font-size: 16pt;">๐๐๐๐๐</span><span style="font-size: 16pt;"> THAT I LIVE REVEALED AND WHY<o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">Watch the replay here >> >> <a href="https://youtube.com/live/JK24mUSnD4U"> https://youtube.com/live/JK24mUSnD4U</a><o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> </div> Trading Impossible | Joey Choyhttp://www.blogger.com/profile/01691901882505345210noreply@blogger.com0tag:blogger.com,1999:blog-5927705535481372590.post-75081924729437454052024-01-31T11:05:00.001+08:002024-01-31T11:06:16.903+08:00๐๐ข๐๐ ๐ญ๐ก๐ ๐๐ฎ๐ฅ๐ฅ | ๐๐จ๐ฐ ๐๐จ๐ง๐๐ฌ, ๐&๐ ๐๐๐, ๐๐๐ฌ๐๐๐ช, ๐๐๐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐ฎ๏ธ๐ฏ<div class="WordSection1"> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">With the Fed pointing to rate cuts coming in as early as March this year, <o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">it has fueled US markets over the past 3 months. <o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">Is 2024 still looking bullish? <o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">What are some key supports to note? >> <a href="https://youtu.be/QK9KvNR7xY8">https://youtu.be/QK9KvNR7xY8</a><o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEgI2bKPpcZYXCqRDMpG0lWxtiwKayue-nrKwFTI6vA4hkO8vLUyd3gXej5x5FIJ_DLDcLP5j1OpMqujpwXQRg6ZuwWsKCrWMTGkraZH8EFW6OAWl9CdOv-mGwdk27t90Xs2UNRRvlF6Jw6y5nXegnq2dIAFjf5aV2khH_xgg3AZ5V6YUicNBXiJUcfPvXd9"><img alt="" border="0" height="360" id="BLOGGER_PHOTO_ID_7330093284873913666" src="https://blogger.googleusercontent.com/img/a/AVvXsEgI2bKPpcZYXCqRDMpG0lWxtiwKayue-nrKwFTI6vA4hkO8vLUyd3gXej5x5FIJ_DLDcLP5j1OpMqujpwXQRg6ZuwWsKCrWMTGkraZH8EFW6OAWl9CdOv-mGwdk27t90Xs2UNRRvlF6Jw6y5nXegnq2dIAFjf5aV2khH_xgg3AZ5V6YUicNBXiJUcfPvXd9=w640-h360" width="640" /></a></span><span style="font-size: 16pt;"><o:p></o:p></span></p> </div> Trading Impossible | Joey Choyhttp://www.blogger.com/profile/01691901882505345210noreply@blogger.com0tag:blogger.com,1999:blog-5927705535481372590.post-24244839649218177002024-01-26T15:26:00.001+08:002024-01-26T15:29:44.567+08:00๐๐จ๐ฉ ๐ ๐๐ ๐๐๐๐ก ๐๐ญ๐จ๐๐ค๐ฌ ๐ญ๐จ ๐๐จ๐ฌ๐ข๐ญ๐ข๐จ๐ง ๐๐จ๐ฎ๐ซ๐ฌ๐๐ฅ๐ ๐๐ง ๐๐๐๐จ๐ซ๐ ๐๐ก๐ ๐๐๐ญ๐ ๐๐ฎ๐ญ๐ฌ ๐ข๐ง ๐๐๐๐<div class="WordSection1"> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;">With talks about rate cuts coming in this year,<o:p></o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;">we have seen strength in the US tech sector with markets pushing to all time high. <o:p></o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;">What about the Singapore Tech sector, <o:p></o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;">are there any winners that are poised to benefit from this tech boom? </span><span face=""Segoe UI Emoji",sans-serif" style="font-size: 16pt;">๐๐</span><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p></o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;">Discover why these 3 SG stocks are in my watchlist still >> <a href="https://youtu.be/N97KznZUQYk">https://youtu.be/N97KznZUQYk</a><o:p></o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 12pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 12pt;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEgai29djDpwPBmFe6SIbBrewwo1Fo8Etdbxym7wJSVG56M29v55qdXBhJqzys-SqIuxjMB_x1qrKLuwXmqV1AG1xz6lzfsvbB0Fo98ES4bquelbOveTFe8XphtZWgrAXVsBwAzcJV1fECncIED8r5ig1sWrzLhYLSMmczX3Jr1qc5bIhU3tsZX8p_bC2Dxq"><img alt="" border="0" height="360" id="BLOGGER_PHOTO_ID_7328305063988539810" src="https://blogger.googleusercontent.com/img/a/AVvXsEgai29djDpwPBmFe6SIbBrewwo1Fo8Etdbxym7wJSVG56M29v55qdXBhJqzys-SqIuxjMB_x1qrKLuwXmqV1AG1xz6lzfsvbB0Fo98ES4bquelbOveTFe8XphtZWgrAXVsBwAzcJV1fECncIED8r5ig1sWrzLhYLSMmczX3Jr1qc5bIhU3tsZX8p_bC2Dxq=w640-h360" width="640" /></a></span><span face=""Calibri",sans-serif" style="font-size: 12pt;"><o:p></o:p></span></p> </div> Trading Impossible | Joey Choyhttp://www.blogger.com/profile/01691901882505345210noreply@blogger.com0tag:blogger.com,1999:blog-5927705535481372590.post-6369067263280468392024-01-19T15:54:00.001+08:002024-01-19T15:58:14.455+08:00๐๐๐ฌ๐ญ๐๐ซ๐ข๐ง๐ ๐๐ซ๐ข๐๐ ๐๐๐ญ๐ข๐จ๐ง: ๐ ๐๐๐๐ซ๐๐ญ ๐๐๐๐ฉ๐จ๐ง ๐๐จ๐ซ ๐๐ซ๐๐๐๐ซ๐ฌ (๐๐ฅ๐ฅ ๐๐จ๐ฎ ๐๐๐๐ ๐๐จ ๐๐ง๐จ๐ฐ)<div class="WordSection1"> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;">Is it possible to analyze a stock and know where it is going based solely on the price itself, without any messy indicators cluttering the chart? <o:p></o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;">Watch this video to hear me walk through 3 live case studies on how to interpret.<o:p></o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;">These stocks could be in your watchlist as well </span><span face=""Segoe UI Emoji",sans-serif" style="font-size: 16pt;">๐ ๐ค</span><span face=""Calibri",sans-serif" style="font-size: 16pt;"> >> <a href="https://youtu.be/JzhHkyZG1eQ">https://youtu.be/JzhHkyZG1eQ</a><o:p></o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 12pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 12pt;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEh_xy0uW1937CKGab4vWH_V7mAm12fSbtR1401oIteo8wyUTrr26X8X9dDZUndZnrek4v2c1Cnj87lwQnWw-9l5Ij9GesG51rCWM7hvKyvyRbKNozMH-yhz4_ZZCWL0AGPoGSsSda3FUhweKG8J1UZxTHUfSP29UwBiwNBpKNr4Q_z37L-i2uAufi-LrAkm"><img alt="" border="0" height="360" id="BLOGGER_PHOTO_ID_7325714672325587266" src="https://blogger.googleusercontent.com/img/a/AVvXsEh_xy0uW1937CKGab4vWH_V7mAm12fSbtR1401oIteo8wyUTrr26X8X9dDZUndZnrek4v2c1Cnj87lwQnWw-9l5Ij9GesG51rCWM7hvKyvyRbKNozMH-yhz4_ZZCWL0AGPoGSsSda3FUhweKG8J1UZxTHUfSP29UwBiwNBpKNr4Q_z37L-i2uAufi-LrAkm=w640-h360" width="640" /></a></span><span face=""Calibri",sans-serif" style="font-size: 12pt;"><o:p></o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 12pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;">Join me on this deep dive into the art of price action, where we'll dissect the nuances of charts, patterns, and trends to unveil the untold secrets of profitable trading. </span><span face=""Segoe UI Emoji",sans-serif" style="font-size: 16pt;">๐๐ก</span><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p></o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;">1) Spotting Trend Reversals: Uncover the subtle clues in price action that signal a potential trend reversal. Master the art of recognizing turning points and position yourself ahead of the market shifts.<o:p></o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;">2) Dynamic Support and Resistance: Explore the power of support and resistance levels in price action analysis. Discover how these critical zones can act as your strategic entry and exit points.<o:p></o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;">3) Real-Life Case Studies: Dive into real-time market scenarios as I walk you through practical examples, demonstrating how mastering price action can be your secret weapon for consistent success.<o:p></o:p></span></p><p class="MsoNormal"><br /></p><p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><span style="font-size: 21.3333px;">Watch here >> </span><a href="https://youtu.be/JzhHkyZG1eQ" style="font-size: 21.3333px;">https://youtu.be/JzhHkyZG1eQ</a></span></p><p class="MsoNormal"><br /></p><p class="MsoNormal"><br /></p> </div> Trading Impossible | Joey Choyhttp://www.blogger.com/profile/01691901882505345210noreply@blogger.com0tag:blogger.com,1999:blog-5927705535481372590.post-78005297940635906172024-01-18T16:56:00.001+08:002024-01-18T16:58:48.969+08:00๐๐ง๐ฅ๐จ๐๐ค๐ข๐ง๐ ๐๐ง๐จ๐ญ๐ก๐๐ซ ๐๐% ๐๐ฉ๐ฌ๐ข๐๐: ๐๐ก๐ฒ ๐๐ก๐ข๐ฌ ๐๐ ๐๐ญ๐จ๐๐ค ๐ข๐ฌ ๐ ๐๐ฎ๐ฌ๐ญ-๐๐๐ญ๐๐ก | ๐๐๐<div class="WordSection1"> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;">What is 1 top Singapore stock to buy or have in your watchlist right now?<o:p></o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;">This stock has finally seen strength in the past few weeks, after 7 months of selling in 2023. <o:p></o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;">Can we see the reversal to the upside continue as we progress in 2024?<o:p></o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEjT1ezu4sEGKj8sykzKdM5ONb6x20WIqNjMJ-lhvGY2f9zHz5Sc4HKaXTXFXQxDQJzwbteHfWR6Dalw-_tx2MsEeRW3fbshAn7p-UYfeekQvwnYmq9Lw0XpAHXCLEK2KWewuu7XujTh_E1mQS0Eubdy8cFbvtpm7kJ6c9q6cD6Zdc_P6VdQQ0v7e_JwniCh"><img alt="" border="0" height="360" id="BLOGGER_PHOTO_ID_7325359715113681922" src="https://blogger.googleusercontent.com/img/a/AVvXsEjT1ezu4sEGKj8sykzKdM5ONb6x20WIqNjMJ-lhvGY2f9zHz5Sc4HKaXTXFXQxDQJzwbteHfWR6Dalw-_tx2MsEeRW3fbshAn7p-UYfeekQvwnYmq9Lw0XpAHXCLEK2KWewuu7XujTh_E1mQS0Eubdy8cFbvtpm7kJ6c9q6cD6Zdc_P6VdQQ0v7e_JwniCh=w640-h360" width="640" /></a></span><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p></o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;">Watch this video to find out why I am alerted and why it's still on my watchlist >> <a href="https://youtu.be/zMITZi9pzzo">https://youtu.be/zMITZi9pzzo</a><o:p></o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;">Attend a </span><span style="font-family: "Cambria Math",serif; font-size: 16pt;">๐ ๐๐๐</span><span face=""Calibri",sans-serif" style="font-size: 16pt;"> </span><span style="font-family: "Cambria Math",serif; font-size: 16pt;">๐๐๐๐๐๐๐๐</span><span face=""Calibri",sans-serif" style="font-size: 16pt;"> to find out how a simple software can give you more confidence in your trades >> <a href="https://bit.ly/1GTLive">https://bit.ly/1GTLive</a><o:p></o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> </div> Trading Impossible | Joey Choyhttp://www.blogger.com/profile/01691901882505345210noreply@blogger.com0tag:blogger.com,1999:blog-5927705535481372590.post-25499298682068463162024-01-12T11:58:00.001+08:002024-01-12T12:00:41.286+08:00๐๐ก๐ ๐๐ฅ๐ญ๐ข๐ฆ๐๐ญ๐ ๐๐ก๐จ๐ฐ๐๐จ๐ฐ๐ง: ๐๐ฉ๐ฉ๐ฅ๐ ๐ฏ๐ฌ ๐๐ข๐๐ซ๐จ๐ฌ๐จ๐๐ญ ๐๐ญ๐จ๐๐ค | ๐๐ก๐ข๐๐ก ๐ ๐๐๐ญ๐ญ๐๐ซ ๐๐ฎ๐ฒ ๐๐จ๐ฐ<div class="WordSection1"> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;">Is Apple (AAPL) or Microsoft (MSFT) a better buy right now?<o:p></o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;">These 2 stocks accounts for more than 10% of the S&P 500 index and are often compared as the 2 largest market cap.<o:p></o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;">Is one a better play right now from the charts? </span><span face=""Segoe UI Emoji",sans-serif" style="font-size: 16pt;">๐ช๐ค</span><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p></o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;">Watch this video to discover why they are in my watchlist and what to do for each >> <a href="https://youtu.be/L5ZvXLX9UoM">https://youtu.be/L5ZvXLX9UoM</a><o:p></o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEg0uDQua7YOogLcI_nKZV_NYLGQKjEgIKhs0bRtVqfcWSO23dbCGHwrMp9t9JAYnYb3tyVm9klxmNFkTQld11Jfy6zfDLq-JuftKd0o8omDbsoUhmTYrhebqAO9fl2T_JCYjqDmrxuvUS-qp662TRmH2AUUvL7S24R22O6yDQKfPJFpi8vi3L1tWoDMossg"><img alt="" border="0" height="360" id="BLOGGER_PHOTO_ID_7323056420518265858" src="https://blogger.googleusercontent.com/img/a/AVvXsEg0uDQua7YOogLcI_nKZV_NYLGQKjEgIKhs0bRtVqfcWSO23dbCGHwrMp9t9JAYnYb3tyVm9klxmNFkTQld11Jfy6zfDLq-JuftKd0o8omDbsoUhmTYrhebqAO9fl2T_JCYjqDmrxuvUS-qp662TRmH2AUUvL7S24R22O6yDQKfPJFpi8vi3L1tWoDMossg=w640-h360" width="640" /></a></span><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p></o:p></span></p> </div> Trading Impossible | Joey Choyhttp://www.blogger.com/profile/01691901882505345210noreply@blogger.com0tag:blogger.com,1999:blog-5927705535481372590.post-12103419087893779082024-01-11T16:49:00.000+08:002024-01-11T16:54:19.291+08:00Unlocking Thailand's Wealth: Navigate SGX with Top Thai Stocks for Profits<div class="WordSection1"><p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;"><o:p> </o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">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?<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">Since end of May 2023, it is now possible.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">We can take a position in some of the Top Thailand companies like any other stocks listed on the Singapore Exchange.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">We can buy what is called <b>Singapore Depository Receipts, in short, SDRs.<o:p></o:p></b></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">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. <o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">It will enable SGX investors to expand investment horizons to overseas listed companies in a simple and cost-efficient manner.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">So, with the launch of 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.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">There are 3 blue chips Thai underlying SDRs currently which is what I will be talking about in this article and how you can potentially profit from.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">I will be analyzing the charts of these 3 underlying Thailand stocks before sharing how one can take a position on the SDRs listed on the SGX and the potential target price based on current price levels. <o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;"><o:p> </o:p></span></p><p class="MsoNormal" style="text-align: justify;"><b><span style="font-size: 16pt; line-height: 106%;">The 3 underlying Thai stocks listed in the SET and their codes are:<o:p></o:p></span></b></p><table border="1" cellpadding="0" cellspacing="0" class="MsoTableGrid" style="border-collapse: collapse; border: none;"><tbody><tr><td style="border: 1pt solid windowtext; padding: 0in 5.4pt; width: 166.25pt;" valign="top" width="222"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><span style="font-size: 16pt;"><o:p> </o:p></span></p></td><td style="border-bottom: 1pt solid windowtext; border-image: initial; border-left: none; border-right: 1pt solid windowtext; border-top: 1pt solid windowtext; border: solid windowtext 1.0pt; padding: 0in 5.4pt; width: 2.25in;" valign="top" width="216"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><b><span style="font-size: 16pt;">Underlying Thai stocks on SET <o:p></o:p></span></b></p></td><td style="border-bottom: 1pt solid windowtext; border-image: initial; border-left: none; border-right: 1pt solid windowtext; border-top: 1pt solid windowtext; border: solid windowtext 1.0pt; padding: 0in 5.4pt; width: 139.25pt;" valign="top" width="186"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><b><span style="font-size: 16pt;">Thai SDR on SGX<o:p></o:p></span></b></p></td></tr><tr><td style="border-bottom: 1pt solid windowtext; border-image: initial; border-left: 1pt solid windowtext; border-right: 1pt solid windowtext; border-top: none; border: solid windowtext 1.0pt; padding: 0in 5.4pt; width: 166.25pt;" valign="top" width="222"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><span style="font-size: 16pt;">Airports of Thailand<o:p></o:p></span></p></td><td style="border-bottom: 1pt solid windowtext; border-left: none; border-right: 1pt solid windowtext; border-top: none; padding: 0in 5.4pt; width: 2.25in;" valign="top" width="216"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><span style="font-size: 16pt;">AOT.BK<o:p></o:p></span></p></td><td style="border-bottom: 1pt solid windowtext; border-left: none; border-right: 1pt solid windowtext; border-top: none; padding: 0in 5.4pt; width: 139.25pt;" valign="top" width="186"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><span style="font-size: 16pt;">TATD<o:p></o:p></span></p></td></tr><tr><td style="border-bottom: 1pt solid windowtext; border-image: initial; border-left: 1pt solid windowtext; border-right: 1pt solid windowtext; border-top: none; border: solid windowtext 1.0pt; padding: 0in 5.4pt; width: 166.25pt;" valign="top" width="222"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><span style="font-size: 16pt;">PTT Exploration & Production<o:p></o:p></span></p></td><td style="border-bottom: 1pt solid windowtext; border-left: none; border-right: 1pt solid windowtext; border-top: none; padding: 0in 5.4pt; width: 2.25in;" valign="top" width="216"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><span style="font-size: 16pt;">PTTEP.BK<o:p></o:p></span></p></td><td style="border-bottom: 1pt solid windowtext; border-left: none; border-right: 1pt solid windowtext; border-top: none; padding: 0in 5.4pt; width: 139.25pt;" valign="top" width="186"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><span style="font-size: 16pt;">TPED<o:p></o:p></span></p></td></tr><tr><td style="border-bottom: 1pt solid windowtext; border-image: initial; border-left: 1pt solid windowtext; border-right: 1pt solid windowtext; border-top: none; border: solid windowtext 1.0pt; padding: 0in 5.4pt; width: 166.25pt;" valign="top" width="222"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><span style="font-size: 16pt;">CP All<o:p></o:p></span></p></td><td style="border-bottom: 1pt solid windowtext; border-left: none; border-right: 1pt solid windowtext; border-top: none; padding: 0in 5.4pt; width: 2.25in;" valign="top" width="216"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><span style="font-size: 16pt;">CPALL.BK<o:p></o:p></span></p></td><td style="border-bottom: 1pt solid windowtext; border-left: none; border-right: 1pt solid windowtext; border-top: none; padding: 0in 5.4pt; width: 139.25pt;" valign="top" width="186"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><span style="font-size: 16pt;">TCPD<o:p></o:p></span></p></td></tr></tbody></table><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;"><o:p> </o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;"><o:p> </o:p></span></p><p class="MsoNormal" style="text-align: justify;"><b><span style="font-size: 16pt; line-height: 106%;">1) Airports of Thailand (AOT.BK)</span></b><span style="font-size: 16pt; line-height: 106%;"> manages and operates airports in Thailand and is a top Blue chip on SET with the highest weightage of 8% as Thailand is focused on Tourism.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEjF86InpJHeN0_JTZ_b0i8XhEMU9uJvNVnvm2eD0_ZWcqty-O8YTH2DxrBEEMSoZgjba4DWpfTIF5L6Sllwg_fADnHEcB74KHBjW9Wj5xv-mytLh8M2WwjxzgsAuYEmTToSI_CTk3c0IPTwrZ80XcE7VH1ysU3DzntmWpvCj_MK1yyJ0YZwRCUxnTvj2U-8"><img alt="" border="0" height="310" id="BLOGGER_PHOTO_ID_7322760616487784642" src="https://blogger.googleusercontent.com/img/a/AVvXsEjF86InpJHeN0_JTZ_b0i8XhEMU9uJvNVnvm2eD0_ZWcqty-O8YTH2DxrBEEMSoZgjba4DWpfTIF5L6Sllwg_fADnHEcB74KHBjW9Wj5xv-mytLh8M2WwjxzgsAuYEmTToSI_CTk3c0IPTwrZ80XcE7VH1ysU3DzntmWpvCj_MK1yyJ0YZwRCUxnTvj2U-8=w640-h310" width="640" /></a></span><span style="font-size: 16pt; line-height: 106%;"><o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">After the selling seen in Nov 2023 when we broke the 66 (S$2.50) support level, we have finally found support at 58 (S$2.20) over the past month. Here was where we rebounded from at the beginning of 2022 and seems like buyers have returned here again.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">The short-term trend has also started to point up over the past week as seen from the 20-day moving average reversing. With prices pushing away from this 58 (S$2.20) support, this can be a bullish move as the short-term trend has been pointing down quite firmly since Sept last year.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">The upside target can be towards 66 (S$2.50) where some profit taking can happen again. This resistance which was originally the support we broke down in Nov 2023 would be key for the reversal to continue towards 76 (S$2.90).<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><u><span style="font-size: 16pt; line-height: 106%;">So how does one take a position in <b>Airport of Thailand</b> from the SDR listed on the SGX?<o:p></o:p></span></u></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">Well, you can take a position in this SDR, which is named <b>AIRPORTS OF TH TH SDR (TATD)</b>, currently priced at S$2.42.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">As mentioned, this SDR is like a normal Singapore stock where its traded currency is in SGD and settlement procedures the same.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">If it does dip back to near its support again at 58 (S$2.20), an entry can be taken for a potential upside of about 13% if we rebound back to levels like the 66 (S$2.50).<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;"><o:p> </o:p></span></p><p class="MsoNormal" style="text-align: justify;"><b><span style="font-size: 16pt; line-height: 106%;">2) PTT Exploration & Production (PTTEP.BK)</span></b><span style="font-size: 16pt; line-height: 106%;"> 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.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEjcdFOvSqPOl-_zqMWe1c9hG_dELW0bqrLJUQFbae0PB2iP1uMwjKUdvjVAQmv_yQ1gouX4_2--DFIBGGR4wPfv4yKHhaqpeARiL_-gZ2_qMbDIE2ndZVHf06_WKTQuB7LuthUvQvdV_XJxznkFLZAoZfUW52wUIPI5Yygkn0rDQwwTn0onf1OZOhosurWX"><img alt="" border="0" height="308" id="BLOGGER_PHOTO_ID_7322760625453438082" src="https://blogger.googleusercontent.com/img/a/AVvXsEjcdFOvSqPOl-_zqMWe1c9hG_dELW0bqrLJUQFbae0PB2iP1uMwjKUdvjVAQmv_yQ1gouX4_2--DFIBGGR4wPfv4yKHhaqpeARiL_-gZ2_qMbDIE2ndZVHf06_WKTQuB7LuthUvQvdV_XJxznkFLZAoZfUW52wUIPI5Yygkn0rDQwwTn0onf1OZOhosurWX=w640-h308" width="640" /></a></span><span style="font-size: 16pt; line-height: 106%;"><o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">PTTEP.BK currently trading at 151.50 (S$5.75) is attempting to break the critical 150 (S$5.70) resistance that it has traded below for more than 2 weeks now.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">We have started to see the 20-day moving average line flatten out and in the midst of reversing back up. This can be a bullish play if prices were to hold above 150 (S$5.70) now with the short-term trend turning up as well as seen from 20 day moving average.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">Upside target can be revised to 160 (S$6.08) then 180 (S$6.85) if this happens which was the recent high last year.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">One can consider entry if prices were to hold above 150 (S$5.70) over the next few days to get more confirmation.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">Can also consider having a stop loss level at around 145 (S$5.50) to get out in case we fail to hold above 150 (S$5.70) to cap any losses to a minimum.<b><o:p></o:p></b></span></p><p class="MsoNormal" style="text-align: justify;"><u><span style="font-size: 16pt; line-height: 106%;">So how does one take a position in <b>PTT Exploration & Production </b>from the SDR listed on the SGX?<o:p></o:p></span></u></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">Well, you can take a position in this SDR, which is named <b>PTTEP TH SDR (TPED)</b>, currently priced at S$5.62.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">For an entry near 150 (S$5.70) to ride to 180 (S$6.85), we are looking at an 18% potential upside as per targets.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;"><o:p> </o:p></span></p><p class="MsoNormal" style="text-align: justify;"><b><span style="font-size: 16pt; line-height: 106%;">3) CP ALL (CPALL.BK)</span></b><span style="font-size: 16pt; line-height: 106%;"> Operates the 7-Eleven convenience store chain in Thailand and has the most extensive convenience store network in the country.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEjm-8QAaRjAjd5u6p5ruDkNWXKsfQBuUeDx0e-cLOXIRzi5UiYPTg_gOAzC-faxi3MWYn3rFVBJXi7B-sYxSyYurPL7Gy2JntNdMmpSgjRoNOzeVR3RNleNqraEBM8a_g0QDFoXIDAdJeuIIBYG1m5w4dIM8_XQqwVC-iBYfe1suJCDHsdDXjRfUegJ5UHW"><img alt="" border="0" height="312" id="BLOGGER_PHOTO_ID_7322760633244064402" src="https://blogger.googleusercontent.com/img/a/AVvXsEjm-8QAaRjAjd5u6p5ruDkNWXKsfQBuUeDx0e-cLOXIRzi5UiYPTg_gOAzC-faxi3MWYn3rFVBJXi7B-sYxSyYurPL7Gy2JntNdMmpSgjRoNOzeVR3RNleNqraEBM8a_g0QDFoXIDAdJeuIIBYG1m5w4dIM8_XQqwVC-iBYfe1suJCDHsdDXjRfUegJ5UHW=w640-h312" width="640" /></a></span><span style="font-size: 16pt; line-height: 106%;"><o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">CPALL.BK has found support at 50 (S$1.90) over the past month and has staged a rebound from this key psychological level.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">The short-term trend as seen from the 20-day moving average line has started to slope upwards finally after 3 months of pointing down.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">This can lead to a short-term reversal back to 60 (S$2.28) which was the support broken down in Oct last year before further selling.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">Over the past week, it seems like a higher support has come out at 55 (S$2.10). One can consider timing entry near this higher support for a trade back to 60 (S$2.28) or perhaps wait for a better entry near 50 (S$1.90) again if it dips.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><u><span style="font-size: 16pt; line-height: 106%;">So how does one take a position in <b>CP ALL </b>from the SDR listed on the SGX?<o:p></o:p></span></u></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">Well, you can take a position in this SDR, which is named <b>CP ALL TH SDR (TCPD) </b>currently priced at S$2.13.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">For an entry near the 50 (S$1.90) support, we are looking at a 19% potential upside as per targets to S$2.28.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;"><o:p> </o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;"><o:p> </o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">Footnote: Currency conversion used from THB to SGD is 0.038.<o:p></o:p></span></p><p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt; line-height: 106%;"><o:p> </o:p></span></p></div>Trading Impossible | Joey Choyhttp://www.blogger.com/profile/01691901882505345210noreply@blogger.com0tag:blogger.com,1999:blog-5927705535481372590.post-22515696753261587172024-01-11T15:59:00.001+08:002024-01-11T16:04:54.271+08:00๐๐๐ ๐๐ญ๐จ๐๐ค ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ: ๐๐ข๐ฌ๐๐จ๐ฏ๐๐ซ ๐ญ๐ก๐ ๐๐ข๐๐๐๐ง ๐๐ง๐ ๐จ๐ข๐ง๐ ๐๐๐ฏ๐๐ซ๐ฌ๐๐ฅ ๐ซ<div class="WordSection1"> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;">It has experienced a massive sell down since June last year by close to 30%. <o:p></o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;">However, it seems like the reversal back up has begun recently. Is this the start of more strength? </span><span face=""Segoe UI Emoji",sans-serif" style="font-size: 16pt;">๐ช๐ค</span><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p></o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;">What are some of the key levels to watch right now? <o:p></o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;">Revealed here >> <a href="https://youtu.be/4iHfuZlj84A">https://youtu.be/4iHfuZlj84A</a><o:p></o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Calibri",sans-serif" style="font-size: 16pt;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEiU0HQVv0lwsR8xxooJQcRcid2sT08ER21ZAJA0yKtK5jjZpgghewVaDmn1sdFKY7KbJ_bw4pHR7Ivs48OtLFXi_S5oayd_lOPEPxpana75XnG2WYJi9uO0NWo3H3qART7SyKWwzCccfTnyJzgU8-jz0_ZgI0JjwAYs0-5VONUogq_WhvyMVk0ENf7sDAIP"><img alt="" border="0" height="360" id="BLOGGER_PHOTO_ID_7322747370783916514" src="https://blogger.googleusercontent.com/img/a/AVvXsEiU0HQVv0lwsR8xxooJQcRcid2sT08ER21ZAJA0yKtK5jjZpgghewVaDmn1sdFKY7KbJ_bw4pHR7Ivs48OtLFXi_S5oayd_lOPEPxpana75XnG2WYJi9uO0NWo3H3qART7SyKWwzCccfTnyJzgU8-jz0_ZgI0JjwAYs0-5VONUogq_WhvyMVk0ENf7sDAIP=w640-h360" width="640" /></a></span><span face=""Calibri",sans-serif" style="font-size: 16pt;"><o:p></o:p></span></p> </div> Trading Impossible | Joey Choyhttp://www.blogger.com/profile/01691901882505345210noreply@blogger.com0tag:blogger.com,1999:blog-5927705535481372590.post-18041594134977786302024-01-05T12:50:00.001+08:002024-01-05T12:52:07.632+08:00๐๐ง๐ฏ๐๐ข๐ฅ๐ข๐ง๐ ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐'๐ฌ ๐๐จ๐ฉ ๐ ๐๐๐๐ก ๐๐ญ๐จ๐๐ค๐ฌ ๐ข๐ง ๐๐๐๐ | ๐๐๐๐จ๐ฏ๐๐ซ๐ฒ ๐๐ง๐ ๐จ๐ข๐ง๐ <div class="WordSection1"> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">With the Federal Reserve hinting to cut rates in 2024, it has sparked off a rally in the market in the last 2 months of 2023. <o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">US tech stocks surged. <o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">What are 4 Singapore hottest technology stocks whose reversal is also just starting to show? <o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEhZPw5qew_9w4ROtDcn77IY19hELr8jnYW8BwsIw9eecxcnJwZgUmmeEj4Yc-JNToYM_LrJWYrUYmy00UcLMUfXdf2njuvjCJXxAof0fN-PI3xVJzCumiR6nkOHIiTvtE9WSDe8_ByffP_RJcz1iu2OGA1PWta1PKDX0WtNMjs4IjxIaNNUNTa8ybZJtS_I"><img alt="" border="0" height="360" id="BLOGGER_PHOTO_ID_7320472185168647282" src="https://blogger.googleusercontent.com/img/a/AVvXsEhZPw5qew_9w4ROtDcn77IY19hELr8jnYW8BwsIw9eecxcnJwZgUmmeEj4Yc-JNToYM_LrJWYrUYmy00UcLMUfXdf2njuvjCJXxAof0fN-PI3xVJzCumiR6nkOHIiTvtE9WSDe8_ByffP_RJcz1iu2OGA1PWta1PKDX0WtNMjs4IjxIaNNUNTa8ybZJtS_I=w640-h360" width="640" /></a></span><span style="font-size: 16pt;"><o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">Can there be more upside as we begin 2024?<o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">Find out why I like them on the chart and why they are even on my watchlist. <o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">Watch this video to find out >> <a href="https://youtu.be/E4Ivy8mjxgc">https://youtu.be/E4Ivy8mjxgc</a><o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> </div> Trading Impossible | Joey Choyhttp://www.blogger.com/profile/01691901882505345210noreply@blogger.com0tag:blogger.com,1999:blog-5927705535481372590.post-19840545936131885422023-12-28T15:37:00.001+08:002023-12-28T15:38:27.814+08:00๐๐จ๐ฎ๐๐ฅ๐ ๐๐จ๐ญ๐ญ๐จ๐ฆ๐ฌ: ๐ ๐๐ซ๐๐๐๐ซ'๐ฌ ๐๐๐ฌ๐ญ ๐ ๐ซ๐ข๐๐ง๐ ๐ข๐ง ๐๐จ๐ฐ๐ง๐ญ๐ซ๐๐ง๐๐ฌ (๐๐ก๐๐ฌ๐ ๐๐ซ๐ข๐๐ค๐ฌ ๐๐ซ๐ ๐๐ข๐ค๐ ๐๐ญ๐๐ซ๐จ๐ข๐๐ฌ ๐ ๐จ๐ซ ๐๐๐ฏ๐๐ซ๐ฌ๐๐ฅ๐ฌ)<div class="WordSection1"> <p class="MsoNormal"><span style="font-size: 16pt; mso-ligatures: none;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt; mso-ligatures: none;">This is a game-changer to ride massive uptrends that are only beginning. </span><span face=""Segoe UI Emoji",sans-serif" style="font-size: 16pt; mso-ligatures: none;">๐ช๐</span><span style="font-size: 16pt; mso-ligatures: none;"><o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt; mso-ligatures: none;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt; mso-ligatures: none;">Many stocks have already shown patterns like these over the past year and some are just showing.<o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt; mso-ligatures: none;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt; mso-ligatures: none;">Discover what how to spot this pattern and what it potentially means >> <a href="https://youtu.be/OGHIkDv4G2E">https://youtu.be/OGHIkDv4G2E</a> </span><span face=""Segoe UI Emoji",sans-serif" style="font-size: 16pt; mso-ligatures: none;">๐๐<o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt; mso-ligatures: none;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Segoe UI Emoji",sans-serif" style="font-size: 16pt; mso-ligatures: none;">๐</span><span style="font-size: 16pt; mso-ligatures: none;"> Throughout this in-depth breakdown, we'll unveil the insider tricks that savvy traders use to spot Double Bottom patterns, interpret their significance, and capitalize on these opportunities. From decoding the anatomy of Double Bottoms to leveraging indicators for confirmation, we've got you covered every step of the way.<o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt; mso-ligatures: none;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEiLI8RkiT_FyEvJLq6OoqB2FR7BeC9Ydl1WEkd3CectF2_x4YiUSsdd7TkcUsgzGjfTfG0yC-Km0qoHzWyVfSH-nDtsdXVeD904vii5PsmPG0a30xLRy5VylGrOPCVm2cMBppv_Gf3JTgfW0O68YGCWzp-WTEf8MA3PpjAHEQh1lV0JWNHq0SmCL934tIY3"><img alt="" border="0" height="360" id="BLOGGER_PHOTO_ID_7317546371318603490" src="https://blogger.googleusercontent.com/img/a/AVvXsEiLI8RkiT_FyEvJLq6OoqB2FR7BeC9Ydl1WEkd3CectF2_x4YiUSsdd7TkcUsgzGjfTfG0yC-Km0qoHzWyVfSH-nDtsdXVeD904vii5PsmPG0a30xLRy5VylGrOPCVm2cMBppv_Gf3JTgfW0O68YGCWzp-WTEf8MA3PpjAHEQh1lV0JWNHq0SmCL934tIY3=w640-h360" width="640" /></a><span style="mso-ligatures: none;"><o:p></o:p></span></span></p> <p class="MsoNormal"><span style="font-size: 16pt; mso-ligatures: none;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Segoe UI Emoji",sans-serif" style="font-size: 16pt; mso-ligatures: none;">๐</span><span style="font-size: 16pt; mso-ligatures: none;"> What can you expect in this session?<o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt; mso-ligatures: none;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt; mso-ligatures: none;">Mastering Double Bottom Patterns: We'll dissect the anatomy of Double Bottoms, unraveling their formation, significance, and precise identification techniques.<o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt; mso-ligatures: none;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt; mso-ligatures: none;">Confirming Signals and Indicators: Learn to utilize key indicators to validate Double Bottom formations, adding layers of confidence to your trading decisions.<o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt; mso-ligatures: none;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt; mso-ligatures: none;">Practical Application and Strategy: Explore real-world examples, understand entry and exit points, and craft a winning strategy to navigate downtrends with precision.<o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt; mso-ligatures: none;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Segoe UI Emoji",sans-serif" style="font-size: 16pt; mso-ligatures: none;">๐</span><span style="font-size: 16pt; mso-ligatures: none;"> Elevate your trading acumen and gain a competitive edge in the stock market by leveraging Double Bottoms effectively. Join us to harness the power of trend reversal strategies that are tried, tested, and proven to amplify trading success.<o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt; mso-ligatures: none;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Segoe UI Emoji",sans-serif" style="font-size: 16pt; mso-ligatures: none;">๐</span><span style="font-size: 16pt; mso-ligatures: none;"> Ready to turbocharge your trading journey with Double Bottom mastery? Hit play now and unlock the insider tricks that will reshape the way you approach downtrends. Don't miss out on these game-changing insights that could redefine your trading success!<o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 12pt; mso-ligatures: none;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">Discover what how to spot this pattern and what it potentially means >> <a href="https://youtu.be/OGHIkDv4G2E">https://youtu.be/OGHIkDv4G2E</a><o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> </div> Trading Impossible | Joey Choyhttp://www.blogger.com/profile/01691901882505345210noreply@blogger.com0tag:blogger.com,1999:blog-5927705535481372590.post-76891150014419027832023-12-22T12:06:00.001+08:002023-12-22T12:10:30.331+08:00๐๐๐ข๐ณ๐ ๐ญ๐ก๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ: ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐ ๐๐๐ง๐ค ๐๐ญ๐จ๐๐ค๐ฌ ๐๐๐๐ | ๐๐๐, ๐๐๐๐, ๐๐๐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ<div class="WordSection1"> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">With talks about rate cuts next year, SG banks have seen weakness in recent weeks.<o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">This is because net interest margin can be affected when that happens from a fundamental perspective. <o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">So is it a good time to start getting in again on dips as we head into 2024? <o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">Which bank do I prefer more?<o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEj3kvl_kMAggFg4_7XYsk8vDjN_mc7XoaIWkjD0s-qilpizvFS46IrkeynnT_R9AQulZyjLHbeXaYowlxySrjK1UPAiI-dRwy9XgRHTUxsH6JjUlJZG6thQ_SCltrJ_XED5PTqCZuSorc40yPvqwHXdZy-aSU1CTJ-yqPWSJ2a2JUJQb1QCMsCBezVItgWk"><img alt="" border="0" height="360" id="BLOGGER_PHOTO_ID_7315265672404558466" src="https://blogger.googleusercontent.com/img/a/AVvXsEj3kvl_kMAggFg4_7XYsk8vDjN_mc7XoaIWkjD0s-qilpizvFS46IrkeynnT_R9AQulZyjLHbeXaYowlxySrjK1UPAiI-dRwy9XgRHTUxsH6JjUlJZG6thQ_SCltrJ_XED5PTqCZuSorc40yPvqwHXdZy-aSU1CTJ-yqPWSJ2a2JUJQb1QCMsCBezVItgWk=w640-h360" width="640" /></a></span><span style="font-size: 16pt;"><o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">Watch this video as I delved into the 3 SG bank stocks and scrutinize where we are now for each of them.<o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">Why some of them looks for attractive then the other,<o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">And more importantly what to do for each of them whether you are thinking to buy, get out or perhaps to hold onโฆ<o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">Watch here >> <a href="https://youtu.be/HV3fcuMrwRM"> https://youtu.be/HV3fcuMrwRM</a><o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> </div> Trading Impossible | Joey Choyhttp://www.blogger.com/profile/01691901882505345210noreply@blogger.com0tag:blogger.com,1999:blog-5927705535481372590.post-71855166587649141702023-12-21T09:58:00.001+08:002023-12-21T10:43:22.718+08:00๐๐ฎ๐ฅ๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐ข๐ง ๐๐๐๐ ๐๐จ๐ฆ๐ข๐ง๐ . ๐๐ซ๐ ๐ฒ๐จ๐ฎ ๐๐๐๐๐ฒ? | ๐๐จ๐ฐ ๐๐จ๐ง๐๐ฌ, ๐&๐ ๐๐๐, ๐๐๐ฌ๐๐๐ช, ๐๐๐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ<div class="WordSection1"> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">With the Fed pointing to rate cuts coming in as early as March next year, it has fueled US markets over the past 2 months. <o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">Dow Jones has breached a key level as well that can set it up for much more upside.. <o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">S&P 500 and NASDAQ are slowly approaching the previous high we have seen 2 year backโฆ <o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">Can we break those key levels?<o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">Will 2024 be a bull market? <o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;">Watch this video to find out >> <a href="https://youtu.be/803VVzSpPz0">https://youtu.be/803VVzSpPz0</a><o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p> <p class="MsoNormal"><span style="font-size: 16pt;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEikqkQxB0FLHDecrPg-ajcfA8GQIa36mX6My2twBChuPyfWu5G0sB8yk2HXuz2KvWxCGlM-VVqlRd8pBy_Ok02LYVuWpF5JAgBrRWNc0pYxWgiIL8yczC8tcccW-yxIKbmJVBoUHRJuUZx5snsCLzZUm3Pvdz96kcKY73BLB-SEMbMzk18fDOchp_S6kARf"><img alt="" border="0" height="360" id="BLOGGER_PHOTO_ID_7314861583021398194" src="https://blogger.googleusercontent.com/img/a/AVvXsEikqkQxB0FLHDecrPg-ajcfA8GQIa36mX6My2twBChuPyfWu5G0sB8yk2HXuz2KvWxCGlM-VVqlRd8pBy_Ok02LYVuWpF5JAgBrRWNc0pYxWgiIL8yczC8tcccW-yxIKbmJVBoUHRJuUZx5snsCLzZUm3Pvdz96kcKY73BLB-SEMbMzk18fDOchp_S6kARf=w640-h360" width="640" /></a></span><span style="font-size: 16pt;"><o:p></o:p></span></p> </div> Trading Impossible | Joey Choyhttp://www.blogger.com/profile/01691901882505345210noreply@blogger.com0tag:blogger.com,1999:blog-5927705535481372590.post-69216279339115778872023-12-14T10:38:00.001+08:002023-12-14T10:50:42.576+08:00๐๐๐ฌ๐ญ๐๐ซ ๐ญ๐ก๐ ๐๐๐๐ซ๐๐ญ๐ฌ ๐จ๐ ๐๐ก๐๐ซ๐ญ ๐๐๐ญ๐ญ๐๐ซ๐ง๐ฌ (๐๐ง๐ฌ๐ญ๐๐ง๐ญ๐ฅ๐ฒ ๐๐ฆ๐ฉ๐ซ๐จ๐ฏ๐ ๐๐จ๐ฎ๐ซ ๐๐ซ๐๐๐ข๐ง๐ )<div class="WordSection1"> <p class="MsoNormal"><span lang="EN-US" style="font-size: 16pt; mso-ligatures: none;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Segoe UI Emoji",sans-serif" lang="EN-US" style="font-size: 16pt; mso-ligatures: none;">๐</span><span lang="EN-US" style="font-size: 16pt; mso-ligatures: none;"> Dive deep into the realm of technical analysis as we explore the power of chart patterns. Whether you're a novice or an experienced trader, understanding these patterns is crucial for making informed decisions in the market.<o:p></o:p></span></p> <p class="MsoNormal"><span lang="EN-US" style="font-size: 16pt; mso-ligatures: none;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Segoe UI Emoji",sans-serif" lang="EN-US" style="font-size: 16pt; mso-ligatures: none;">๐</span><span lang="EN-US" style="font-size: 16pt; mso-ligatures: none;"> I'll break down my 4 most powerful bullish continuation patterns that i have been utilizing for more than 10 years now. Step by step, providing you with actionable insights and strategies to capitalize on market movements.<o:p></o:p></span></p> <p class="MsoNormal"><span lang="EN-US" style="font-size: 16pt; mso-ligatures: none;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Segoe UI Emoji",sans-serif" lang="EN-US" style="font-size: 16pt; mso-ligatures: none;">๐</span><span lang="EN-US" style="font-size: 16pt; mso-ligatures: none;"> Discover how recognizing these patterns can act as a roadmap, offering valuable insights into potential price movements. By unlocking these secrets, you'll gain the ability to predict trends, identify entry and exit points, and ultimately enhance your trading profitability.<o:p></o:p></span></p> <p class="MsoNormal"><span lang="EN-US" style="font-size: 16pt; mso-ligatures: none;"><o:p> </o:p></span></p> <p class="MsoNormal"><span lang="EN-US" style="font-size: 16pt; mso-ligatures: none;">Discover them here >> <a href="https://youtu.be/a669Fu-KQF8">https://youtu.be/a669Fu-KQF8</a><o:p></o:p></span></p> <p class="MsoNormal"><span lang="EN-US" style="font-size: 16pt; mso-ligatures: none;"><o:p> </o:p></span></p> <p class="MsoNormal"><span lang="EN-US" style="font-size: 16pt;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEi6DnJiO35HvqepjtfbC-8d6MujK84UFaYwrDArFG2CNNY417LaKvy_KNuJ_JQNCQVt2oZyPcdqoMaI5ERUpsea7xI8tjZ29UXqfCpD4HvErGXW27ab54z5PgNWjCMhSkLsCss1Gre9Y4jDGgJIMUiIpCTpNiLc11my9QzA2XmnbJHk_uOReCJ9IP072oye"><img alt="" border="0" height="360" id="BLOGGER_PHOTO_ID_7312274327711152914" src="https://blogger.googleusercontent.com/img/a/AVvXsEi6DnJiO35HvqepjtfbC-8d6MujK84UFaYwrDArFG2CNNY417LaKvy_KNuJ_JQNCQVt2oZyPcdqoMaI5ERUpsea7xI8tjZ29UXqfCpD4HvErGXW27ab54z5PgNWjCMhSkLsCss1Gre9Y4jDGgJIMUiIpCTpNiLc11my9QzA2XmnbJHk_uOReCJ9IP072oye=w640-h360" width="640" /></a><span style="mso-ligatures: none;"><o:p></o:p></span></span></p> <p class="MsoNormal"><span lang="EN-US" style="font-size: 16pt; mso-ligatures: none;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Segoe UI Emoji",sans-serif" lang="EN-US" style="font-size: 16pt; mso-ligatures: none;">๐ก</span><span lang="EN-US" style="font-size: 16pt; mso-ligatures: none;"> I'll also share real-life examples and case studies, illustrating how these chart patterns have influenced market behavior and impacted trading outcomes. Get ready to witness the power of these patterns in action!<o:p></o:p></span></p> <p class="MsoNormal"><span lang="EN-US" style="font-size: 16pt; mso-ligatures: none;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Segoe UI Emoji",sans-serif" lang="EN-US" style="font-size: 16pt; mso-ligatures: none;">๐</span><span lang="EN-US" style="font-size: 16pt; mso-ligatures: none;"> Whether you're a day trader, swing trader, or long-term investor, this video is packed with valuable information that can revolutionize your approach to trading. The secrets of chart patterns await you!<o:p></o:p></span></p> <p class="MsoNormal"><span lang="EN-US" style="font-size: 16pt; mso-ligatures: none;"><o:p> </o:p></span></p> <p class="MsoNormal"><span face=""Segoe UI Emoji",sans-serif" lang="EN-US" style="font-size: 16pt; mso-ligatures: none;">๐</span><span lang="EN-US" style="font-size: 16pt; mso-ligatures: none;"> Don't miss out on this opportunity to transform your trading journey. Hit that 'Subscribe' button, turn on notifications, and join me on this exciting exploration of chart patterns. Let's take your trading to the next level together!<o:p></o:p></span></p> <p class="MsoNormal"><br /></p> <p class="MsoNormal"><span lang="EN-US" style="font-size: 16pt; mso-ligatures: none;">Discover them here >> <a href="https://youtu.be/a669Fu-KQF8">https://youtu.be/a669Fu-KQF8</a><o:p></o:p></span></p> <p class="MsoNormal"><span lang="EN-US" style="font-size: 16pt; mso-ligatures: none;"><o:p> </o:p></span></p> </div> Trading Impossible | Joey Choyhttp://www.blogger.com/profile/01691901882505345210noreply@blogger.com0tag:blogger.com,1999:blog-5927705535481372590.post-64119619717531432902023-12-06T15:11:00.001+08:002023-12-14T10:51:03.383+08:00๐ ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐ ๐๐๐ฆ๐ข๐๐จ๐ง๐๐ฎ๐๐ญ๐จr ๐๐๐๐ก ๐ฌ๐ญ๐จ๐๐ค ๐๐ก๐๐ญ ๐๐๐ง ๐๐จ๐๐ซ ๐๐จ๐จ๐ง | ๐๐จ๐ง'๐ญ ๐๐ข๐ฌ๐ฌ ๐๐ฎ๐ญ!<div class="WordSection1"><p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p><p class="MsoNormal"><span style="font-size: 16pt;">The US Semiconductor sector have seen strength since the beginning of the year as the rate hike cycle comes to an end. <o:p></o:p></span></p><p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p><p class="MsoNormal"><span style="font-size: 16pt;">However, for the Singapore market, the semiconductor sector still has not experienced any major up ticks.<o:p></o:p></span></p><p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p><p class="MsoNormal"><span style="font-size: 16pt;">Can this tech semiconductor stock be the first one? <o:p></o:p></span></p><p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p><p class="MsoNormal"><span style="font-size: 16pt;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEjIWKb2PtOcPFeXou4gDC7KMULauGS1wh3QQMeJ6j0y2_y7LlcK9iicBgmiG9Ru7DdhJvxTGF6qwkJBfWpsKhX0za7rnA-2WpkO7R4-q7Ui-MSeaHloNhtUTyN93Hns4uuc52ekGEBECoVk6VzMKSy1ueh6tnY4KJPL56vOXaOE_3x-EIOZz0RNWfhOG5r0"><img alt="" border="0" height="360" id="BLOGGER_PHOTO_ID_7309375910565005426" src="https://blogger.googleusercontent.com/img/a/AVvXsEjIWKb2PtOcPFeXou4gDC7KMULauGS1wh3QQMeJ6j0y2_y7LlcK9iicBgmiG9Ru7DdhJvxTGF6qwkJBfWpsKhX0za7rnA-2WpkO7R4-q7Ui-MSeaHloNhtUTyN93Hns4uuc52ekGEBECoVk6VzMKSy1ueh6tnY4KJPL56vOXaOE_3x-EIOZz0RNWfhOG5r0=w640-h360" width="640" /></a></span><span style="font-size: 16pt;"><o:p></o:p></span></p><p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p><p class="MsoNormal"><span style="font-size: 16pt;">Are there some signs the trend turning up and more potential upside for this stock? <o:p></o:p></span></p><p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p><p class="MsoNormal"><span style="font-size: 16pt;">What should we be looking for the uptrend to really form back up? <o:p></o:p></span></p><p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p><p class="MsoNormal"><span style="font-size: 16pt;">Watch this video to find out >> <a href="https://youtu.be/2QdaWAmHRyY">https://youtu.be/2QdaWAmHRyY</a> </span><span face=""Segoe UI Emoji",sans-serif" style="font-size: 16pt;">๐ค๐ค<o:p></o:p></span></p><p class="MsoNormal"><span face=""Segoe UI Emoji",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p><p class="MsoNormal"><span face=""Segoe UI Emoji",sans-serif" style="font-size: 16pt;"><o:p> </o:p></span></p><p class="MsoNormal"><span style="font-size: 16pt;"><o:p> </o:p></span></p></div>Trading Impossible | Joey Choyhttp://www.blogger.com/profile/01691901882505345210noreply@blogger.com0tag:blogger.com,1999:blog-5927705535481372590.post-36776445387623003872023-12-06T14:47:00.001+08:002023-12-06T14:48:32.053+08:00Thai Stocks Unveiled: A Roadmap to Trading Success in SGX-Listed Thai Powerhouses<div class="WordSection1"><p class="MsoNormal"><span style="font-size: 16pt; line-height: 106%;"><o:p> </o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">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?<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">Since end of May 2023, it is now possible.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">We can take a position in some of the Top Thailand companies like any other stocks listed on the Singapore Exchange.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">We can buy what is called <b>Singapore Depository Receipts, in short, SDRs.<o:p></o:p></b></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">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. <o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">It will enable SGX investors to expand investment horizons to overseas listed companies in a simple and cost-efficient manner.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">So, with the launch of 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.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">There are 3 blue chips Thai underlying SDRs currently which is what I will be talking about in this article and how you can potentially profit from.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">I will be analyzing the charts of these 3 underlying Thailand stocks before sharing how one can take a position on the SDRs listed on the SGX and the potential target price based on current price levels. <o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><b><span style="font-size: 16pt; line-height: 106%;">The 3 underlying Thai stocks listed in the SET and their codes are:<o:p></o:p></span></b></p><table border="1" cellpadding="0" cellspacing="0" class="MsoTableGrid" style="border-collapse: collapse; border: none;"><tbody><tr><td style="border: 1pt solid windowtext; padding: 0in 5.4pt; width: 166.25pt;" valign="top" width="222"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><span style="font-size: 16pt;"><o:p> </o:p></span></p></td><td style="border-bottom: 1pt solid windowtext; border-image: initial; border-left: none; border-right: 1pt solid windowtext; border-top: 1pt solid windowtext; border: solid windowtext 1.0pt; padding: 0in 5.4pt; width: 2.25in;" valign="top" width="216"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><b><span style="font-size: 16pt;">Underlying Thai stocks on SET <o:p></o:p></span></b></p></td><td style="border-bottom: 1pt solid windowtext; border-image: initial; border-left: none; border-right: 1pt solid windowtext; border-top: 1pt solid windowtext; border: solid windowtext 1.0pt; padding: 0in 5.4pt; width: 139.25pt;" valign="top" width="186"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><b><span style="font-size: 16pt;">Thai SDR on SGX<o:p></o:p></span></b></p></td></tr><tr><td style="border-bottom: 1pt solid windowtext; border-image: initial; border-left: 1pt solid windowtext; border-right: 1pt solid windowtext; border-top: none; border: solid windowtext 1.0pt; padding: 0in 5.4pt; width: 166.25pt;" valign="top" width="222"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><span style="font-size: 16pt;">Airports of Thailand<o:p></o:p></span></p></td><td style="border-bottom: 1pt solid windowtext; border-left: none; border-right: 1pt solid windowtext; border-top: none; padding: 0in 5.4pt; width: 2.25in;" valign="top" width="216"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><span style="font-size: 16pt;">AOT.BK<o:p></o:p></span></p></td><td style="border-bottom: 1pt solid windowtext; border-left: none; border-right: 1pt solid windowtext; border-top: none; padding: 0in 5.4pt; width: 139.25pt;" valign="top" width="186"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><span style="font-size: 16pt;">TATD<o:p></o:p></span></p></td></tr><tr><td style="border-bottom: 1pt solid windowtext; border-image: initial; border-left: 1pt solid windowtext; border-right: 1pt solid windowtext; border-top: none; border: solid windowtext 1.0pt; padding: 0in 5.4pt; width: 166.25pt;" valign="top" width="222"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><span style="font-size: 16pt;">PTT Exploration & Production<o:p></o:p></span></p></td><td style="border-bottom: 1pt solid windowtext; border-left: none; border-right: 1pt solid windowtext; border-top: none; padding: 0in 5.4pt; width: 2.25in;" valign="top" width="216"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><span style="font-size: 16pt;">PTTEP.BK<o:p></o:p></span></p></td><td style="border-bottom: 1pt solid windowtext; border-left: none; border-right: 1pt solid windowtext; border-top: none; padding: 0in 5.4pt; width: 139.25pt;" valign="top" width="186"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><span style="font-size: 16pt;">TPED<o:p></o:p></span></p></td></tr><tr><td style="border-bottom: 1pt solid windowtext; border-image: initial; border-left: 1pt solid windowtext; border-right: 1pt solid windowtext; border-top: none; border: solid windowtext 1.0pt; padding: 0in 5.4pt; width: 166.25pt;" valign="top" width="222"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><span style="font-size: 16pt;">CP All<o:p></o:p></span></p></td><td style="border-bottom: 1pt solid windowtext; border-left: none; border-right: 1pt solid windowtext; border-top: none; padding: 0in 5.4pt; width: 2.25in;" valign="top" width="216"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><span style="font-size: 16pt;">CPALL.BK<o:p></o:p></span></p></td><td style="border-bottom: 1pt solid windowtext; border-left: none; border-right: 1pt solid windowtext; border-top: none; padding: 0in 5.4pt; width: 139.25pt;" valign="top" width="186"><p class="MsoNormal" style="line-height: normal; margin-bottom: 0in; text-align: justify;"><span style="font-size: 16pt;">TCPD<o:p></o:p></span></p></td></tr></tbody></table><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;"><o:p> </o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;"><o:p> </o:p></span></p><p class="MsoNormal" style="text-align: justify;"><b><span style="font-size: 16pt; line-height: 106%;">1) Airports of Thailand (AOT.BK)</span></b><span style="font-size: 16pt; line-height: 106%;"> manages and operates airports in Thailand and is a top Blue chip on SET with the highest weightage of 8% as Thailand is focused on Tourism.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEj_6_8myHCDV2FDi35HzQrozZX0o1y9_9G0rkROHLHzH5qvHrT8hIMhc1ckXkL4_D6_JCuC-6iP1FdBuMSSRVKYtVlkejjKV-nQKJKwMUIvwyP7dcPnUvVjMWU_l3bH6kEcqRNTMl4YX7YvEYML0OtIO7Ao3HMM6eUsBg9xKzDmWPo0e-msXupNwf6n3OO7"><img alt="" border="0" height="270" id="BLOGGER_PHOTO_ID_7309369703938844898" src="https://blogger.googleusercontent.com/img/a/AVvXsEj_6_8myHCDV2FDi35HzQrozZX0o1y9_9G0rkROHLHzH5qvHrT8hIMhc1ckXkL4_D6_JCuC-6iP1FdBuMSSRVKYtVlkejjKV-nQKJKwMUIvwyP7dcPnUvVjMWU_l3bH6kEcqRNTMl4YX7YvEYML0OtIO7Ao3HMM6eUsBg9xKzDmWPo0e-msXupNwf6n3OO7=w640-h270" width="640" /></a></span><span style="font-size: 16pt; line-height: 106%;"><o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">We have broken the 65 (S$2.47) support last month and more selling returned for AOT.BK. This support has been holding since Mar 2022, for more than a year and a half, so a break down below this support can signal more weakness unfortunately.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">There are still signs of the short-term trend pointing down as seen from the downward sloping 20-day moving average. Longer term trend seems to be pointing down as well for now.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">Over the past week, the 60 (S$2.28) psychological support has not held so likely more downside can occur towards supports we have seen in 2020 and 2021 which are from 50 (S$1.90) to 55 (S$2.10).<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">Those are indeed attractive levels where one can consider accumulating on dips, but only when the short-term trend reverses. That would be when the 20-day moving average line cease pointing down and at least start to flatten out near these key supports.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><u><span style="font-size: 16pt; line-height: 106%;">So how does one take a position in <b>Airport of Thailand</b> from the SDR listed on the SGX?<o:p></o:p></span></u></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">Well, you can take a position in this SDR, which is named <b>AIRPORTS OF TH TH SDR (TATD)</b>, currently priced at S$2.22.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">As mentioned, this SDR is like a normal Singapore stock where its traded currency is in SGD and settlement procedures the same.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">For an entry near S$1.90 support, potential upside of about 30% if we rebound back to levels like the 65 (S$2.47).<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;"><o:p> </o:p></span></p><p class="MsoNormal" style="text-align: justify;"><b><span style="font-size: 16pt; line-height: 106%;">2) PTT Exploration & Production (PTTEP.BK)</span></b><span style="font-size: 16pt; line-height: 106%;"> 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.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEhDovus1a-zt_i46ZwgxN8z9o3Z4T2z6MhAdfHxZlfDEEh4DekHP1_kiqNQ6qFe6jbtfEKbuFIgS_FmatRutRm96plChC9xCXIeVdD24_-IYCxq98oFQqLUQaXMKoiywALoCAJg4qwEWXuT5xNVSAHyGvE2J0al-nhvk3-fXSAqxnagrUOCDlKLGnIodoLv"><img alt="" border="0" height="270" id="BLOGGER_PHOTO_ID_7309369713960256178" src="https://blogger.googleusercontent.com/img/a/AVvXsEhDovus1a-zt_i46ZwgxN8z9o3Z4T2z6MhAdfHxZlfDEEh4DekHP1_kiqNQ6qFe6jbtfEKbuFIgS_FmatRutRm96plChC9xCXIeVdD24_-IYCxq98oFQqLUQaXMKoiywALoCAJg4qwEWXuT5xNVSAHyGvE2J0al-nhvk3-fXSAqxnagrUOCDlKLGnIodoLv=w640-h270" width="640" /></a></span><span style="font-size: 16pt; line-height: 106%;"><o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">PTTEP.BK currently trading at 148 (S$5.62) has broken the support at 150 (S$5.70) โ 155 (S$5.89) that we have been holding for more than 4 months since July this year.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">This weakness is also in line with oil prices further selling down over the past month.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">With this break of support, more downside is possible towards 135 (S$5.13) โ 140 (S$5.32) which are levels we have rebounded in Mar and Jun this year.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">One can consider timing entry on any dips near 135 (S$5.13) for a potential rebound back to 155 (S$5.89).<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">Can also consider having a stop loss level at around 127 (S$4.82) to get out in case the 135 (S$5.13) support gives way to cap any losses to a minimum.<b><o:p></o:p></b></span></p><p class="MsoNormal" style="text-align: justify;"><u><span style="font-size: 16pt; line-height: 106%;">So how does one take a position in <b>PTT Exploration & Production </b>from the SDR listed on the SGX?<o:p></o:p></span></u></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">Well, you can take a position in this SDR, which is named <b>PTTEP TH SDR (TPED)</b>, currently priced at S$5.62.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">For an entry near 135 (S$5.13) to ride to 155 (S$5.89), we are looking at a 13.40% potential upside as per targets.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;"><o:p> </o:p></span></p><p class="MsoNormal" style="text-align: justify;"><b><span style="font-size: 16pt; line-height: 106%;">3) CP ALL (CPALL.BK)</span></b><span style="font-size: 16pt; line-height: 106%;"> Operates the 7-Eleven convenience store chain in Thailand and has the most extensive convenience store network in the country.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEggyHMgweoCLWXrvYAuQy62syawHH-7zs3aPaKYqsJQHK0i83CQkG9YhAhRSjETAxpjTsRifKrTZctlCCCHUDSVDvo2VhlqmQgluzDuUmGF5uT83FtgNS1r-p1qNoKpO4DMPmtYk2LUR4FjH38G3qy5as9kH87wTwlVoljAvhxklr7l60C2_7oAU4nFm4J_"><img alt="" border="0" height="270" id="BLOGGER_PHOTO_ID_7309369734149578210" src="https://blogger.googleusercontent.com/img/a/AVvXsEggyHMgweoCLWXrvYAuQy62syawHH-7zs3aPaKYqsJQHK0i83CQkG9YhAhRSjETAxpjTsRifKrTZctlCCCHUDSVDvo2VhlqmQgluzDuUmGF5uT83FtgNS1r-p1qNoKpO4DMPmtYk2LUR4FjH38G3qy5as9kH87wTwlVoljAvhxklr7l60C2_7oAU4nFm4J_=w640-h270" width="640" /></a></span><span style="font-size: 16pt; line-height: 106%;"><o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">Since breaking the 60 (S$2.28) psychological support level 2 months back on market weakness, we have seen more selling in CPALL. It has traded lower and currently at 53.25 (S$2.02) where the short-term trend may still be down.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">We are approaching this key support at 50 (S$1.90) - 52 (S$1.97) that has been holding since 2016 and also where we staged an incredible rebound to 74 (S$2.81) in Oct last year. Some bullish reversal candles are starting to appear as we near this support which can point to some bargain hunting coming back finally.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">When the short-term trend reverses, one can consider an entry to ride it back to 60 (S$2.28) which would now be the near-term target. <o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">One can look at the 20-day moving average to see it flattens out at least which can show a potential reversal. Currently, that is still pointing down so would want to be patient to time entry only when the trend reverses.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><u><span style="font-size: 16pt; line-height: 106%;">So how does one take a position in <b>CP ALL </b>from the SDR listed on the SGX?<o:p></o:p></span></u></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">Well, you can take a position in this SDR, which is named <b>CP ALL TH SDR (TCPD) </b>currently priced at S$2.02.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">For an entry near the 50 (S$1.90) support, we are looking at a 20% potential upside as per targets to S$2.28.<o:p></o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;"><o:p> </o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;"><o:p> </o:p></span></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 16pt; line-height: 106%;">Footnote: Currency conversion used from THB to SGD is 0.038.<o:p></o:p></span></p><p class="MsoNormal"><span style="font-size: 16pt; line-height: 106%;"><o:p> </o:p></span></p></div>Trading Impossible | Joey Choyhttp://www.blogger.com/profile/01691901882505345210noreply@blogger.com0