Joey on 938 Live: What’s Your View on the Singapore Market this New Year, any Sectors or Stocks that Investors can Reposition themselves?

Honored to be invited to share my thoughts at 938 Live yesterday evening again after the market closed.


We actually saw STI rallying strongly on Friday despite US markets weakness the night before...


As we moved into the new year, there are some levels that I am looking at for the STI...


More importantly, there are also some sectors and stocks that we can reposition ourselves for any opportunities....

Do check out my quick views so you have a idea what to focus on this year.


Click here for full Audio and Transcript ---> http://bit.ly/2jO0USr

Anchor Resources: First quick target hit today, more upside next week? price 0.109

From morning call issued, we had seen Anchor Resources traded to a high of 0.112 before some profit taking and finally closing at 1.09 today....

Quite an impressive rally today indeed of more than 13%.....

Feels good to look at the chart drawn in the morning where it has not played out yet....

And indeed it touched my first target.... 

Can it touched the 0.120 resistance next week as mentioned?

Well, it remains to be seen.....

Those who were locked in would be good to protect profits.... J

Have a great weekend to all!

Don’t want to MISS OUT ON SUCH CALLS à CLICK HERE TO BE A CLIENT

Check out below what was the call about this morning?

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Recent Email:

Sent: Friday, January 13, 2017 9:42 AM
Subject: ********* Anchor Resources: A short term positive above 0.100, price 0.102

Anchor Resources has been trading below the 0.097 -0.098 resistance level for more than a month. This resistance was originally the support it broke down from in November and a move above can see more upside again and a potential reversal. Today we are seeing some actions with it attempting a breakout above. This level also coincides with the 100 day MA line where a move above convincingly can also signal a mid term reversal in progress. Target to 0.110 then 0.120 which was the high set since Aug last year.

For illustration purpose only

Halcyon Agri: More upside from here? Price 0.705

Had a signal on the system with Entry price at 0.64 few days back.... grads can confirm...

Managed to send out a quick email to notify clients yesterday too after seeing more strength (see below)....

With target hit at 0.700 today...

Can it head towards our next target at 0.75 now.

Raise stop loss for PTI grads who manged to lock in some postions as per system J

Looking forward to launching my next batch of Precision Trading Intensive program in a few months time....

No dates firmed up yet but be in the list to be NOTIFIED of any FREE introductory workshops, CLICK HERE.

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Recent Email:

Sent: Thursday, January 12, 2017 9:45 AM
Subject: ******** Halcyon Agri: A move above 0.65 a short term positive

For illustration purpose only

CityDev: Pulling away from new support, price 8.78

From yesterday’s call, we have seen CityDev pull away from the 8.70 new support level looks set to test 8.90 as mentioned.

Short term MA on the verge of reversing too with MACD crossing into postive zone after trading below since Oct last year.

Momentum can continue above 8.80 in the near term for now. Let’s see..

Don’t want to miss out on trading calls like below? Open a FREE Trading account Now. J

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Recent Email:

Sent: Wednesday, January 11, 2017 12:17 PM
Subject: ******** CityDev: A move above 8.60 a short term positive... price 8.70

After consolidating below 8.60 for more than 2 months, finally today, we have seen a move over the past few days with more strength today. Longer term trend still pretty flat with a cap at 9.20 since the beginning of last year. We can expect a trade to 8.90 then 9.20 before some profit taking occurs again.

For illustration purpose only

Global Logistic: More upside above 2.60 now? price 2.61

From yesterday’s note, we have indeed seen Global Logistic approach and even cross the 2.60 resistance today.

We can still expect more strength above from here, raise sl for those who are holding.

Had A BULLISH ENTRY SIGNAL on the system few days back, and there are NO EXITS yet.

PTI grads can check.

Short term uptrend intact above 2.60 now imo, with momentum indicator still looking good especially above 2.60.

Target can be to 2.80 first. J

Want to be notified like BELOW too or maybe even earlier, Be a CLIENT NOW, CLICK HERE.

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Recent Email:

Sent: Wednesday, January 11, 2017 10:05 AM
Subject: ********** Global Logistic: May attempt a move above 2.60 soon, price 2.54

After seeing the huge move above 2.40 last week, we have seen GLP broke above the 2.50 resistance yesterday too. Looks set to test the 2.60 resistance level where we are currently seeing some selling pressure. Raise sl for those still holding or can also consider taking some profit near 2.60. With 2.50 holding, we can still expect more strength in the short term with moving averages looking favorable too.

For illustration purpose only

Jumbo: Pulling away from 0.700, a positive above, price 0.74, Entry signal has No Exits

Following up from call last week, we have seen Jumbo hold above the 0.68 new support level and today we have seen it push higher even as mentioned.

Uptrend intact above 0.700 now, please raise sl, looks set to test the 0.75 for a move to 0.80.

Momentum indicator still looking positive.

As long as 0.700 is the support now, we are short term bullish.

From the system, we actually had a BULLISH SIGNAL 2 weeks back on 28 Dec 2016 JUST BEFORE the new year began…

Entry price was at 0.665.

So far still NO EXITS from my system yet….

Let’s see how far up it can go… J

For illustration purpose only

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Recent Email:

Sent: Thursday, January 05, 2017 12:52 PM
Subject: ******* Jumbo: Some actions seen above 0.68 a good sign for upside price 0.69

For illustration purpose only

Mermaid Maritime: Pushing higher above 0.180 on momentum, price 0.181, Another entry signal?

Following up from previous call last year, we have seen Mermaid consolidated briefly below the 0.160 level before breaking higher.

Uptrend still intact as mentioned with more room to go towards 0.190 then 0.200 now.

Has crossed above the 0.160 – 0.164 key resistances over the past few days and inching higher.

Today, we have seen the 0.180 level giving way too with buyers still pushing, a short term positive above.

Those still holding long please raise SL to protect profits and continue to ride. MACD has also staged a crossover in positive territory.

From my system, we actually had an ENTRY SIGNAL ON 10 NOV 2016, ENTRY PRICE 0.125, and there was an EXIT.

Another entry and then a boom again... PTI Graduates congrats on riding.

For illustration purpose only

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Recent Email:

Sent: Wednesday, November 30, 2016 9:53 AM
Subject: ******* Mermaid Maritime: Next resistance at 0.150 is key for now, price 0.147

We started to see some actions in Mermaid yesterday with a move above 0.140. Today, it has tried to attempt a breakout above 0.150 but so far not able too. Moving averages are starting to converge and in the process of reversing with a positive crossover in the cards. Any firm move above 0.150 can see the upside continue with target to 0.160 then 0.170 first. It has managed to maintain above the 200 day MA after breaking above it last month for the first time since more than 2 years ago which can indicator that longer term trend is starting to reverse upwards. Should see some support from 0.144 – 0.145 now

For illustration purpose only

ComfortDelgro: Some temp support found, but 2.40 is key to stem more selling pressure, price 2.46

Following up from previous call last week, we have indeed seen a firm sell down below the 2.50 psychological support and it has traded down to 2.45 where some buyers are holding for now.

As long as 2.50 is a resistance now, we can still expect more downside back to test the 2.40……

2.40 would be a level where we can see some bargain hunting again as this level has been holding strongly since 2014 and even rebounded from here 2 months back.

Mid to long term trend still weak for now so any clear breakdown below 2.40 can see a new wave of selling towards 2.20 then 2.00.

We may have some sell signals from system soon....

Want to be notified LIVE too like below, Open a Free Trading Account with Joey Choy.

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Sent: Thursday, December 29, 2016 9:37 AM
Subject: ******** ComfortDelgro: Attempting a move below temp 2.50 support, more weakness below likely, price 2.49

For illustration purpose only