𝟑 𝐓𝐨𝐩 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞 𝐎𝐢𝐥 𝐚𝐧𝐝 𝐆𝐚𝐬 𝐒𝐭𝐨𝐜𝐤𝐬 𝐟𝐨𝐫 𝟐𝟎𝟐𝟑 | 𝐏𝐫𝐢𝐜𝐞 𝐓𝐚𝐫𝐠𝐞𝐭 𝐑𝐞𝐯𝐢𝐬𝐢𝐨𝐧

 

Over the past few months, despite some weakness in oil prices, some Singapore Oil and Gas stocks seems to be holding really well.

 

In fact, we have seen a rebound from key support levels and 2 of them are now attempting to push higher..

 

𝐒𝐨 𝐰𝐡𝐚𝐭 𝐚𝐫𝐞 𝐭𝐡𝐞 𝐭𝐨𝐩 𝟑 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞 𝐎𝐢𝐥 & 𝐆𝐚𝐬 𝐬𝐭𝐨𝐜𝐤𝐬 𝐭𝐡𝐚𝐭 𝐲𝐨𝐮 𝐜𝐚𝐧 𝐩𝐮𝐭 𝐢𝐧 𝐲𝐨𝐮𝐫 𝐰𝐚𝐭𝐜𝐡𝐥𝐢𝐬𝐭 𝐭𝐨 𝐩𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥𝐥𝐲 𝐫𝐢𝐝𝐞 𝐦𝐨𝐫𝐞 𝐮𝐩𝐬𝐢𝐝𝐞 𝐢𝐧 𝟐𝟎𝟐𝟑?

 

 

Joey here, Top Tier Remisier and Trader in Phillip Securities.

 

Watch this video as I share with you what the 3 stocks are and why I like them.

 

We will even take a look at the 1GT system that I have to see what it says and if there are any recent bullish signals that can point to more upside..

 

We covered 2 of them previously as well and clients were alerted by WhatsApp too.

 

Watch here >> https://youtu.be/geUqU-YTW_o

 

 

 

𝐓𝐨𝐩 𝟓 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞 𝐒𝐭𝐨𝐜𝐤𝐬 𝐭𝐨 𝐓𝐫𝐚𝐝𝐞 𝐢𝐧 𝐭𝐡𝐞 𝐅𝐚𝐜𝐞 𝐨𝐟 𝐑𝐮𝐬𝐬𝐢𝐚-𝐔𝐤𝐫𝐚𝐢𝐧𝐞 𝐂𝐫𝐢𝐬𝐢𝐬

 

What are the 𝐓𝐨𝐩 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞 𝐬𝐭𝐨𝐜𝐤𝐬 𝐭𝐨 𝐩𝐨𝐬𝐢𝐭𝐢𝐨𝐧 𝐲𝐨𝐮𝐫𝐬𝐞𝐥𝐟 𝐢𝐧 due to the ongoing conflict between Russia and Ukraine?

 

Over the past week, it has been sad to see this developing news almost hourly with Russia still not ceasing it's advancement.

 

Oil has breached some of the key levels and found new highs on supply concerns.

 

𝐀𝐧𝐝 𝐚𝐥𝐥 𝐭𝐡𝐢𝐬 𝐡𝐚𝐬 𝐥𝐞𝐝 𝐭𝐨 𝐬𝐭𝐫𝐞𝐧𝐠𝐭𝐡 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐍𝐄𝐖 𝐬𝐞𝐜𝐭𝐨𝐫.

 

What is it?

 

 

Hey there, Joey here, Top Tier Remisier and Trader in Phillip Securities

 

These stocks are the beneficiary of this current unfortunate crisis that everyone wish to end soon.

 

Watch this video to find out which are the 5 SG stocks benefitting from this unprecedented crisis and why there may still be more upside.

 

We will also take a look at the 1GT system that I have to see if there were any bullish signals recently and if more upside can be possible.

 

Discover the stocks here >> https://youtu.be/rzOEtP3Uijc

Golden Agri: Downtrend may still be playing out, price 0.245

Just last week, we spotted Golden Agri rebounding off its low and heading back towards the 0.300 resistance level…

From trend indicators, we were pretty much still expecting weakness as the mid to long term trend was down…

Hence some downside targets were drawn to ride any retracement back down… with a plan of course…

See what I mean..

Over the past few days, seems like we have already hit our first target at 0.26 and even that gave way as well..

Seeing some temp support at 0.24 for now but the selling pressure may continue if that fails too…

And likely for our 2^nd target at 0.200 to continue… watching..

More for shorts to profit from the downside with a plan..… would not want to hold on to this counter in a downtrend….

See where we are below…

Want to know 2 counters where you want to be cautious too? Watch this video released yesterday on Facebook!

Golden Agri: Seeing it pull away from the new support at 0.400.... now at 0.42....

Heading towards our 0.45 target next?

Sent: Thursday, March 10, 2016 10:39 AM
Subject: ***************** Golden Agri: A breakout above the KEY 0.400 resistance can start to see some strength, price 0.405

Golden Agri has been slowly trading upwards forming higher lows since Dec with it supported above the channel support line. We have seen some resistance at 0.400 over the past week but today a move above on above average volume can potential mean something. May start to head towards the 0.45 resistance then 0.50 if the 0.400 were to hold now. 20 day MA line still sloping upwards firmly with prices maintained above it for more than 2 months which is a good signal. A breakout above 0.45 would be a key positive too. Stop loss can be at 0.385 for any long positions now.

Golden Agri: A rebound from support levels caught!!! Did you manage to lock in some long positions as mentioned last monday morning?

Hit a high of 0.35 today…. What a rebound seen today…. Price 0.35 as of now…

Sent: Monday, December 14, 2015 10:47 AM
Subject: ********* Golden Agri: Pushing lower again but there may be an opportunity to long soon..... price 0.315

As per previous sell call last week, we are still seeing weakness in Golden Agri with it hitting a new low at 0.315 today. Looks set to head towards the 0.28 – 0.30 support level where we may expect a technical rebound from there. Those looking to lock in some positions to catch any rebound can scale some trades near this support level with stop loss below in case of a further breakdown. Have found a support in August around the 0.28 level so that would be the next support level to watch. For now, still negative towards this support levels. Any rebound will be to 0.34 resistance for now first.

Golden Agri: Breakdown of multiple support levels...is it a sign for more downside?

At 0.325 now, can we expect more bearish movement?

Sent: Wednesday, December 9, 2015 9:10 AM
Subject: ********** Golden Agri: Testing temp support at 0.34, looks weak again, CFD SELL.... price 0.335  

Golden Agri has maintained above the 0.34 support level for about a week and today we are seeing some throw down again on the buyer on strong volume. New recent low see at 0.335 now. Indicators still looking weak with short term downtrend intact with it trading below the 0.35 resistance now. MACD at negative territory where we can still expect more selling towards the 0.300 psychological support level. CFD sell. Let's see it 0.33 holds today…

Sent: Monday, November 30, 2015 9:29 AM
Subject: *********** Golden Agri: Breakdown of support at 0.35, more weakness below, CFD SELL.... price 0.345

From previous SELL call, we have indeed seen a breakdown again today after some slight consolidation. As mentioned, may see a target to 0.33 then 0.30 with resistance capped at 0.35 for now. MACD has turned negatively below the zero mark which can see more selling momentum as long as 0.35 holds as resistance.

Golden Agri: A downward reversal on the Cards as mentioned?

Now at 0.345, let’s see if 0.33 holds too….

Sent: Thursday, November 12, 2015 3:00 PM
Subject: *********** Golden Agri: Support at 0.365 being tested, cautious long... price 0.36

GoldenAgri has been supported above the 0.365 for about a month and today we are some weakness with strong volume below this key support. 20 day MA starting to reverse downwards again after trending upwards for more than a month. May see a target to 0.33 then 0.30 on a clearing of the 0.355 buyers as well. Watching closely. MACD has staged a bearish crossover and turning below the zero mark soon which can see more selling momentum. Cautious long. CFD SELL to ride any downside possible with buy stop loss at 0.38.

Golden Agri: A SERIES of Buy calls...... before a breakout today....

Now at 0.415 !!! More upside?

Sent: Friday, October 23, 2015 3:31 PM
Subject: ******** Golden Agri: Potential breakout play..... 0.39 - 0.40 resistance key... price 0.385

Golden Agri has consolidated below 0.39 for more than 2 week with some support found at 0.37 for now which seems to be holding really well. We can expect more upside if the 0.39 – 0.40 resistance gets taken out with a target to 0.44 then 0.47 likely. 20 day MA line has just crossed above the 100 day MA line as a sign of strength and trend reversal occurring. 0.39 resistance also coincides with the 200 day LONG term moving average line so moving above is a 2^nd positive for more trend confirmation.

Sent: Tuesday, October 06, 2015 9:12 AM
Subject: ******** Golden Agri: A breakout seen... more upside like if volume maintains.... price 0.365

As per yesterday’s call, seems like a firm breakout on top 10 volume with a move toward the 0.400 psychological resistance level. Will be good to take profit as it nears this level where resistance will be capped at 0.400 for now.

Golden Agri: A Note just Before closing yesterday... then a breakout SEEN TODAY... price 0.37

Heading towards 0.400 as mentioned?

Sent: Monday, October 05, 2015 4:58 PM
Subject: ******** Golden Agri: A breakout seen... more upside like if volume maintains.... price 0.345

Golden Agri has traded below the 0.34 resistance for more than 2 months and today we are seeing a move above on top 5 volume. A Bullish Rounding bottom pattern spotted and staying above 0.34 now can start to see more strength as it heads towards the 0.400 psychological resistance which was originally the support it broke down from in July. MACD momentum indicators has just crossed above the zero mark which is a positive and can take it higher, stop loss at 0.33 for any long positions.

******** Golden Agri: Seems like a further breakdown as mentioned to clients........

Low seen today at 0.335, can it touched the 0.300 as per SELL CALL issued last Friday.  J

Sent: Friday, July 24, 2015 12:02 PM
Subject: ******** Golden Agri: Still trading below 0.400, still a negative, CFD SELL, price 0.365

Following up from previous SELL call, Golden Agri has still been trading below the 0.400 psychological support turned resistance level. Range would be from 0.36 to 0.40 now and as long as 0.400 is a firm resistance, still bearish in the short to midterm with target to 0.300. CFD SELL can be used to ride the downside as long as it trades below this level. Clearing of 0.355 – 0.36 buyers can see more weakness with MACD and Stochastic still weak and no signs of reversal as yet. Cautious long.

Golden Agri: Another CFD SELL opportunity ?

Call issued yesterday at 0.39, NOW AT 0.37 ! More weakness ?

Sent: Wednesday, July 08, 2015 4:26 PM
Subject: ********** Golden Agri: Breakdown below 0.395 - 0.400 can see more weakness, cautious long, price 0.39

Golden Agro has consolidated sideway above the 0.400 psychological support level since March and finally to day we have seen some actions as it breakdowns down below the 0.400 support level on a weaker market on stonger than average volume too. Note that more weakness in the general can see it go down lower to find a new support probably around the 0.35 level. Both longer term 100 and 200 day MA lines are pointing downwards with Stochastic also reversing down strongly on today’s price action. CFD SELL can be use to ride any downside as long as 0.400 holds as the new resistance now with buy stop loss set at 0.415.

Follow Up *********************** Bearish Setup: Golden Agri - May still head lower to 0.500.... That's where Long positions can be ready to PREPARE for any Technical Rebound, price 0.52 (Repost - NOW 0.51)

Almost reaching our SELL Target at 0.500……..  Time to accumulate NOW ?

Did you participate in the downside with CFD? Not sure how ? Contact us now.

Sent: Tuesday, July 01, 2014 2:19 PM
Subject: ************************* Bearish Setup: Golden Agri - Broke immediate suport level at 0.555... CFD SELL opportunity.....

Sell Entry: 0.545 to 0.55

Target: 0.50

Stop loss: 0.575

Reason: Clear break below 0.555 immediate support level that held since March this year. Have also broke below the 200 day Longer term MA support line at current levels. More downside to 0.500 likely if the 0.54 temp support fails to hold too… CFD sell position to ride the downside.. for those looking to accumulate long positions for any rebound can do so from 0.50 to 0.515 level to catch any potential rebound back up. Stochastic and RSI indicators both looking bearish at the moment.

Follow Up ************************ Bearish Setup: Golden Agri - Broke immediate suport level at 0.555... CFD SELL opportunity..... (Price 0.525)

Heading towards our target at 0.50 ? Were you informed of Sell trade opportunity previously ?

************* Bearish U TURN: Golden Agri. Reversing Back down ? (CFD SELL) Price 0.575.

Following up from previous BUY CALL, congrats to those who took profit above 0.600 already.

For now, Golden Agri has kind of broken below the immediate 0.58 support level on TOP 10 VOLUME which also coincides with the Short term MA LINE. More downside can be seen back to 0.50 to 0.54 level if it stays below 0.58. Those looking to accumulate can consider getting in anywhere from 0.50 to 0.52 for a potential rebound. Have been in the 0.50 to 0.615 range for about a year already, trade the range by accumulating near support.

Stop loss 0.605

 

*********** Trading BUY: Golden Agri. Price 0.565.... (Breakout on TOP VOLUME)

Following up from BUY CALL MADE LAST WEEK, Golden agri has indeed tested the 0.600 resistance level today….. would be good to TAKE PROFIT around here too…..

 

Sent: Thursday, February 27, 2014 5:06 PM
Subject: ************ Trading BUY: Golden Agri. Price 0.565.... (Breakout on TOP VOLUME)

 

Cleared 0.56 immediate resistance level, more upside possible to 0.600… TOP 10 volume seen on this BREAKOUT. Support at 0.55 to 0.56 currently. Take profit above 0.58….

Stop loss at 0.545

 

 

 

************ Trading BUY: Golden Agri. Price 0.565.... (Breakout on TOP VOLUME)

Now at 0.58, call made last Thursday to our clients… may touch 0.600 soon, lets see…….

 
Sent: Thursday, February 27, 2014 5:06 PM
Subject: ************ Trading BUY: Golden Agri. Price 0.565.... (Breakout on TOP VOLUME)

Cleared 0.56 immediate resistance level, more upside possible to 0.600… TOP 10 volume seen on this BREAKOUT. Support at 0.55 to 0.56 currently. Take profit above 0.58….

Stop loss at 0.545

 

 

******** Potential upside on breakout: Golden Agri. Share price 0.600. (Can it stay above 0.600 ? )

After trading below Critical 0.600 since March this year, Golden Agri has finally broke above the key 0.600 resistance level last Friday and manage to stay above today. Support would be at 0.600 now. Can be a positive short term play to 0.65 then 0.68 level as long as 0.600 holds as new support. Can see strength in this counter as most commodities counters rises on market strength.

Stop loss at 0.585.

 

 

**** Consolidation phase: Golden Agri. Share Price: 0.55. (Trade the range)

Golden Agri has been trading from 0.52 to 0.60 since March 2013 after the 0.600 critical support was broken. Current support is at 0.52 which has been tested about 6 times since 3 months ago till now and holding. Possible to trade this 8 cents range for and accumulate on dips near 0.52 (probably from 0.52 to 0.535) support level. Short positions near 0.600 (probably from 0.575 to 0.600)can be considered too. As long as the 0.52 support and 0.60 resistance levels are not breached, it remains range bound.  We will average up and increase long positions at 0.61 if the 0.600 resistance level clears out.

Stop loss for long or short positions once technical levels are broken.

 

OCBC – 10 June 2013

Golden Agri-Resources: Modestly firmer CPO boost

Golden Agri-Resources (GAR), being one of the largest palm

oil plantation owners in the world, should benefit from the

recent rebound in CPO (crude palm oil) prices to

MYR2450/ton; we note that there is a strong historical

correlation of nearly 0.7 between CPO prices and GAR share

price. While the general outlook for commodities is still

uncertain (as China’s economic growth continues to sputter

along), we believe that headwinds appear to be dissipating.

Furthermore, management remains fairly upbeat about its

prospects as it continues to expand its integrated operation

capabilities to benefit from the firm industry outlook.

Maintain BUY with an unchanged S$0.63 fair value (based

on 12.5x FY13F EPS).

 

**** Trading Short (Sell): Golden Agri. Share Price 0.54. - For CFD trades

Golden Agri has broken the critical support at 0.55 on sell down in commodities counters today. Has been holding above 0.55 level since Sept 2010 and tested support twice including yesterday. Further sell down in commodities can see it go down to psychological 0.500 support level. Has been consolidating from 0.55 to 0.600 range since it broke the 0.600 support level in March 2013. Top 5 volume on sell down of support could signal strength in short term downside. Note that this is for CFD sell trade and not for naked short on cash market.

Buy stop at 0.555.  

 

Short term CFD Short (Sell) Trade: Golden Agri. Share price 0.58.

Golden Agri has been trading above the 0.59 since Oct 2011 till last Friday. It has tested and closed below the 0.600 psychological support last Friday. 0.59 support has broken today too. Currently at 0.58. Short term downside to test 0.55 support possible on weak market. As long as 0.600 remains as a resistance, we remain bearish. If the 0.55 support does not hold as well, can see it dip further to 0.500 critically. Note: CFD to short and not for intraday naked short sales on cash market.

Put a Buy stop at 0.61 nevertheless.