Showing posts with label Chip Eng Seng. Show all posts
Showing posts with label Chip Eng Seng. Show all posts

Monday, July 9, 2018

Chip Eng Seng: 1st target hit, next one on track, cautious... Price 0.78


Just 3 weeks back, we have seen the support at 0.88 break down and the selling pressure began…


There were also some signs of the downtrend forming and hence some downside targets were drawn on this break down…


1st target was at 0.80 as seen below…




Downside targets were reiterated again over the past 2 weeks when more bearish price actions started to play out again…


Downtrend also continued as per target drawn…


We also had a bearish signal on the PTI system….





Over the past few days, we have seen the 1st target at 0.800 hit already on the back of the property measures introduced by the government…


Seems like that has given way as well…


2nd target to 0.76 may be on tracked…


Would be good to cover shorts too if you have rode downside…


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Targets have been revised lower as of now…. Let’s see if that plays out too…. Cautious long for now…









Tuesday, January 2, 2018

Chip Eng Seng: 1st target hit, but may attempt a move above 1.00 eventually... Price 0.985


Just last week before the new year… we saw some nice actions in Chip Eng Seng above the 0.95 level


It has been consolidating below for more than a month and finally awakened..


Mentioned that it is likely to head to 1.00 first to test this key level….


Today, we are indeed still seeing Chip Eng Seng pushing higher towards the 1.00 first target…


A new recent high again today at 0.99…


We can expect some profit taking near here below 1.00 but any firm price action above can see the uptrend continue….


Still in watch list for more upside will be watching to see if 2nd target can be hit too….


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For illustration purpose only






Monday, October 16, 2017

Chip Eng Seng: 2nd target almost hit but is the upside really over this time? Price 0.89.


More than a week ago on Friday, I did blog post on Chip Eng Seng when it was at about 0.83....  >>> http://singaporetradinginsights.blogspot.sg/2017/10/chip-eng-seng-going-strong-still-price.html


I mentioned that there can be more upside with target at 0.900 still on tracked eventhough most are saying that it’s not possible as it has risen a lot already...


Well indeed, over the past week, we have continued to see strength and it is almost nearing our 0.900 target today....


If you have been following me closely, this stock was also in the Top 3 Stocks report that virtually went viral on Facebook 3 weeks back.


We actually had more than a 1000 people commenting and asking for the report which thankfully me and my team delivered as promised...


Click here to see video and comment if you still haven’t.




Well, looking back and when I first spotted this counter a month back on 18 September 2017, I was quite a amazed to set that it matches the current chart quite nicely


See the chart that was drawn then with targets and when nothing has even played out yet then.


It was at about 0.76…. see below



For illustration purpose only.



Take a look at where we are Now again right below….  


Is it really just luck or is there really a way we can decipher all these chart movements consistently?


Well, looking for some specific price action where we may see a new phase up again to 0.97. 


Upside may not be over imo…. Let’s see…


Some selling pressure seen for now, which is normal by the way….



For illustration purpose only.





Friday, October 6, 2017

Chip Eng Seng: Going strong still... Price 0.83...


Just about 2 weeks back, inner circle members managed to spot some good price actions in Chip Eng Seng.


Have finally hit our first target at 0.800 over the past few days.


In case you have not read the TOP 3 STOCK 8-page report yet, this stock was actually one of the stocks that I covered last Monday too where there was a FB post that went viral.






Anyway, seems like buyers are still not giving up with it trying to find a new high.


Upside target to 0.90 may still be on tracked. J


Targets drawn on chart previously still playing out well… at least for now… 


we’re half way there


Want to know how we SPOT such COUNTERS and more importantly how to SPOT THEM even before they make their move?


See my Blueprint Live if you have not >>> https://goo.gl/wyLc2K


For illustration purpose only