Tuesday, July 21, 2015

DBS: A firm breakout above 21.20 seen previously?

More upside towards 22.00?

Sent: Thursday, July 16, 2015 9:32 AM
Subject: ************* DBS: A firm breakout above 21.20, more upside above from here, price 21.35
DBS has been trading sideways below the 21.20 critical resistance level since April and hovering consistently above the 200 day LONG term MA line positively. Today we have seen a convincing breakout above the 21.20 resistance level on above average volume and this can put an end to the sideway consolidation phase. Target to 22.00 in the near term likely. Both 100 and 200 day moving averages have been pointing upwards consistently with uptrend still intact. As long as 21.00 – 21.20 is a new support now, we are positive and can ride the upside further. MACD has turned positive especially with today’s price action with RSI also showing strength building.

Monday, July 20, 2015

Ezion: A Series of CFD SELL calls - then a breakdown seen today further.... NOW AT 0.925

Can Ezion touch the next support at 0.900 now, question is can that hold too ?? Let’s see, congrats to clients who have CFD sell positions locked in over the past 2 weeks  J

Sent: Tuesday, July 14, 2015 12:01 PM
Subject: ******** Ezion: Still hovering above 0.94 - 0.945 support dangerously, cautious long, More downside likely below again on a breakdown, price 0.96
Ezion has still traded below the critical 1.00 psychological support turned resistance level for the past 1 week after breaking down below it. Range would be from 0.94 to 0.98 - 1.00 for now with more downside likely if even the 0.94 – 0.945 does not hold either. Target to 0.900 then 0.800 with long term MA line still pointing downwards firmly with no reversal insight. As long as 1.00 is a resistance for now, more incline towards the downside, so cautious long. CFD SELL positions can be used near 1.00 resistance to take advantage of any downward retracement further or if support breaks down.


Sent: Thursday, July 09, 2015 9:25 AM
Subject: ******** Ezion: Breakdown seen with new recent low found, price 0.96
Have pulled further down to a new low of 0.95 as mentioned on yesterday breakdown. 0.94 - 0.95 may be a support for now but more weakness below this to 0.90 as mentioned previously. Seems like a clear support breakdown which it has been holding above since March. As long as 0.99 – 1.00 remains as the resistance, we are bearish with more weakness ahead, cfd sell, cautious long positions

From: Choy Kwok Sheng Joey Ignatius (AM6)
Sent: Wednesday, July 08, 2015 9:23 AM

Subject: ******** Ezion: Breakdown spotted below 1.00, cautious long position below 1.00, price 0.99
Seems like we are seeing it break below the 1.00 psychological level, clearing of 0.99 buyer wholesale will be a further confirmation for more weakness. CFD SELL can be used to ride any downside to 0.94 first as mentioned previously

Thursday, July 16, 2015

Osim: A breakdown after SELL CALL issued last week at 1.605

Have neared our target at 1.40 yesterday and a slight rebound seen today. Time for a reversal ? 

Sent: Monday, 6 July, 2015 9:18 AM
Subject: ************ Osim: potential breakdown below 1.60, cautious long, price 1.605
From previous accumulate call, we have indeed seen Osim rebounded back to target at 1.80 before dipping back down again on a weaker market. Today we have seen it trade below the critical 1.60 support level which is a sign of weakness as this level has been holding since November last year. 100 and 200 day moving averages are still pointing lower with a Bearish Descending triangle spotted. Closing or staying below 1.60 in the next few days can see it trade lower to 1.50 then 1.40. CFD SELL can be used with BUY STOP loss wider above 1.62.

SPH: What a rebound as predicted 2 weeks back?

Congrats to those who manage to accumulate this defensive counter near 4.05 when everybody was fearing 2 weeks ago.  NOW AT 4.17, almost hitting our target at 4.20.  J


Sent: Friday, July 03, 2015 11:06 AM
Subject: ******* SPH: Can accumulate as it nears support again, price 4.07
SPH has been trading above 4.05 support level since Feb last year with its current trading range from 4.05 to 4.20 for the past 6 months. Those looking to stay invested amidst the ongoing crisis can consider locking in some defensive positions above 4.05. Can consider trading the range for any rebound back to 4.20 when the cloud clears. Not for contra, for longer term holding and strong dividend yield of more than 4%.

Tuesday, July 14, 2015

Fu Yu: Are we seeing some reactions above 0.200 as predicted? now at 0.200

Still seeing lots of resistance at 0.205 – 0.21, let’s see. Congrats to those who manage to accumulate on dips previously  J

Sent: Wednesday, July 01, 2015 9:56 AM
Subject: ******** Fu Yu: Consolidating for 2 weeks with uptrend still intact, price 0.193
Following up from previous buy call, we have indeed seen Fu Yu traded upwards and headed to a high of 0.195 before consolidating sideways. Range would now be from 0.185 to 0.195 with support also being the 20 day MA line. Has been supported above the 0.185 for about 2 weeks already. Uptrend in the long term still looks intact as long as 0.185 holds. Clearing above 0.195 can lead to the critical 0.200 which will determine if it can end its sideways consolidation. Can consider accumulating on dips above 0.185 with stop loss at 0.183. Average up while raising stop loss on a clear breakout above 0.200.

Thursday, July 9, 2015

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.

Wednesday, July 8, 2015

NOL: Still holding strong as per yesterday upside breakout call amidst the market sell down today

Came down slightly but regained ground and closed at 0.925, let’s see tomorrow J

Sent: Tuesday, July 07, 2015 9:56 AM
Subject: ********** NOL: Breaking above 0.900 a good step towards recovery, price 0.91
NOL has traded below the 0.900 for about a month since breaking below it in June and today we have seen a strong breakout on above average volume above the psychological 0.90. This can finally lead to a long awaited rebound back to 0.94 then 1.00 as long as 0.900 holds as the immediate support. Stop loss can be at 0.89 to cap any losses and ride profits above  0.900. 0.94 and 1.00 also coincides with the 200 day and 100 day MA line which would serve as a resistance. MACD momentum indicator turning upwards with a bullish crossover with RSI also showing strength. Can consider long positions above 0.900 level. Has also broken upwards above the channel sloping downward line formed since April a few days back which can signal a reversal.

Ezion: Seems like a convincing breakdown as predicted on Monday! Now at 0.975

Can it hit our 0.94 target?

Sent: Monday, July 06, 2015 9:10 AM
Subject: ********* Ezion: potential breakdown below 1.00, price 1.01
As per previous sell CALL, we have seen Ezion neared the 1.00 psychological support level again on top 20 volume. Any clear breakdown with buyers at 0.99 to 1.00 taken out can see more selling pressure to take it lower to 0.94 then 0.90. Both longer term 100 and 200 day MA lines are still trending lower firmly with no reversal in sight. CFD can be used to ride the downside further.