Wednesday, July 8, 2015

Genting SP: Are we seeing a firm SUPPORT BREAKDOWN AGAIN ?

Now at 0.875 !!! More downside from here as mentioned previously?

Sent: Monday, July 06, 2015 9:36 AM
Subject: ******** Genting SP: Still looking as it negotiates the 0.90 support again, price 0.895
Genting is back below the 0.900 psychological support again today after just briefly rebounding up 2 cents last week. Today we have seen a new recent low at 0.89 on top 10 volume so this could prove more selling pressure ahead if even this 0.89 breaks down. Target to 0.84 then 0.80 as mentioned. Put in watchlist for any CFD sell positions to ride the downside further if support breaks down.

Sent: Tuesday, June 30, 2015 5:17 PM
Subject: ****** Genting SP: Breaking down below 0.900 crucial support would be a negative, monitor, price 0.895
Following up from previous call, we are still seeing Genting SP trade below the 0.94 - 0.95 resistance level. Today we have seen a slight breakdown below the critical 0.900 support level which is not a good sign with it even closing below at 0.895. Note that staying below 0.900 in the coming days may see more weakness with 0.89 buyers clearing out too. CFD SELL can be used to ride any downside below 0.89 as mentioned previously with target at 0.84 then 0.80 possible. Buy stop loss at 0.915 for any short positions. All 3 moving averages are still pointing lower with MACD also crossing over negatively which can lead to more selling momentum especially below 0.900. Cautious long position

Tuesday, July 7, 2015

SIIC Environment: A potential breakdown call yesterday morning, then it happened.....

Have hit our DOWNSIDE targets at 0.180 and 0.174 yesterday. A slight rebound today from yesterday’s low of 0.169, where to now? 


Sent: Monday, July 06, 2015 11:22 AM
Subject: ******* SIIC Environment: Back to temp support at 0.186, careful on breakdown, price 0.188
SIIC Environment has still been trading below the 0.200 support turned key resistance now and weakness still seen below 0.200. Today we have seen it neared its immediate support at 0.186 which also coincides with the 100 day MA line. Note that any clearing below 0.186 with buyers at 0.185 taken out too can pave the way to 0.180 and 0.174. with 20 day MA accelerating downwards further. CFD SELL can then be used to ride any downside. Cautious long positions below 01.85 fyi.

Monday, July 6, 2015

Ezra: A breakdown seen below 0.160 as per call issued, now 0.156

From Last Friday Morning call, a breakdown seen soon after call issued to a low of 0.154. Where to now? Will it hit our 0.150 target eventually?

Sent: Friday, July 03, 2015 9:40 AM
Subject: ****** Ezra - Breakdown below 0.160 can see more selling pressure to new low, price 0.161
Following up from previous sell call for Ezra, we have seen it tanked further due to its ex rights date last Friday. Today we have seen the rights started trading. Note that for the mother share, downtrend remains intact, with range being from 0.160 to 0.175 after the ex right date for the past week. Today we have again seen some selling pressure as rights started trading with Ezra back to it 0.160 support. Any breakdown can lead to more downside to a new low to 0.150 of 0.140. Cautious any long position and CFD SELL can be used to ride the downside further below 0.160.

Ezion: Indeed we are seeing Ezion test the 1.00 psychological level again.

Will the support break down soon ?

Sent: Monday, June 29, 2015 9:38 AM
Subject: ********** Ezion: Back to key 1.00 support, cautions any breakdown, price 1.03
Ezion did not manage to hold above the 1.06 support over the past week and today we have seen it break below 1.04 temp support further on strong volume. Likely to test the 1.00 psychological support level before a clearer direction.  Any breakdown from this level can see it trade to 0.90 fast. Longer term trend still pointing downwards with a breakdown below the 1.04 also coinciding with the 20 day MA line. CFD SELL to ride downside below 1.00 further.

Friday, July 3, 2015

First Resources: A breakout seen as per call issued yesterday ! price 2.13


Sent: Thursday, July 02, 2015 10:21 AM
Subject: ********First Resources: Potential breakout above 2.10, put in watchlist., price 2.08
First Resources has traded gradually upwards over the past one month as it attempts a breakout above the 2.10 level again. At current level, 20 day MA line has crossed above the 100 and 200 day MA line with 100 day also on the verge of crossing above 200 day MA positively today – this can signal a strong reversal in trend in play. Resistance at 2.10 key to end the current consolidation phase since August last year where it has also formed a triple bottom over the past 8 months period. Range will be from 2.00 to 2.10 and as long as 2.00 is a psychological support, uptrend intact in the long term with a move above 2.10 seen as a short term positive to 2.30 then 2.60. Can consider averaging up with stop loss at 2.07 on a breakout above 2.10, in our watchlist.

SIA: Still good to go above 11.00 as issued yesterday?

Now trading at 11.06 !

Sent: Thursday, July 02, 2015 10:31 AM
Subject: ******** SIA: Breaking above 10.90 a good step towards recovery
SIA has consolidated below 10.85 – 10.90 for about a month and today we have seen some actions as it breaks back up above the 10.90 resistance even clearing above the 11.00 psychological support turned resistance. This may lead to a recovery back to 11.50 then 12.00 if it can manage above 10.90- 11.00 now. At current levels, has crossed above the 20 day MA line with Stochastic and RSI also trending upwards. Macd ALSO has seen a bullish crossover with more legs to the upside after moving down since May on Mers concerns.

Wednesday, July 1, 2015

SGX: A breakout above 8.10 seen indeed as per MORNING CALL issued

Can SGX still continue its rebound upwards?

Sent: Wednesday, July 01, 2015 10:14 AM
Subject: ****** SGX: Staging a recovery - More upside rebound above 8.10, price 8.08
SGX has been trading below 8.05 for more than 3 weeks after breaking below the support and we have seen it find a support at the 7.70 level before staging a rebound. Seems like it has found a base for any rebound and moving above 8.10 and staying above can lead the recovery back to 8.35 then 8.80 which was the high in May before Market weakness. May still be a good opportunity to accumulate on dips this Blue chip to prepare for any market strength. Note that the 8.70 support also coincides with the 200 day MA line where it rebounded from which can show that the long term trend is still positive.

ComfortDelgro: Rebounding off support as mentioned yesterday, now at 3.19 !

Let’s see if it can break above the 3.20, congrats to those who manage to accumulate on dips.  :)

Sent: Tuesday, June 30, 2015 10:44 AM
Subject: ******* ComfortDelgro: Back to key support on market weakness ,may present opportunity to accumulate again, price 3.10
Following up from previous call, we have indeed seen ComfortDelgro traded to a high of 3.27 before market weakness see it coming back down to support again. Support would be at 3.08 to 3.10 for now which was originally the resistance that held since Feb for 4 months. Both longer term 100 and 200 day MA line still sloping upwards firmly. Those looking to accumulate and bargain hunt again on dips after selling at the high can consider locking some positions again near 3.10, then next support 3.00 if it dips again. Have been supported above the channel support line since December last year and holding well.