Noble: A Massive sell down! Could there be a hint of this on system ? price 0.65. More weakness?

After the share consolidation last week of 1 for 10, we have seen the price of Noble increase by about 10 times correspondingly back to above 1.00, at about 1.30.

But only to see more selling toward the key 1.00 support yesterday.

A note was sent out to still be cautious of the break down below 1.00 where it could trigger a flush of sell orders again....

See chart below when it was at 1.02 when the note was sent out..... hanging dangerously above the critical 1.00 support.... where there were some short covering...

For illustration purpose only.

But then it broke as predicted.... the sell down began fast and furious...

Target drawn in the chart at 0.800 and 0.600 has both been hit.

Low at 0.61 today....  A massive sell down indeed....

This question is did we get any clues way earlier that could lead use to know about the sell down, ok, maybe not that massive like yesterday and today, but at least a bearish indication to this counter.....

I mean a signal that allows us to know that we should not be thinking of buying this stock, longing it etc...

But instead think the other way round....

Shorting it and riding the downside for profits...

Looking back at the system with Noble’s prices adjusted for the share consolidation.... yes, there is still the 1ET BEARISH ENTRY SIGNAL, 17 APR 2017 (See below chart).

For illustration purpose only.

Looking at a 61.7% sell down from the sell entry price in just 3 weeks....

To be honest, I have no idea when the exit will come.

But till it comes out, I want to be careful on any long positions….. 

I mean probably still think about shorting on any slight technical rebound….

Congrats to inner circle members who were alerted by system and not just holding on blindly….. look out for the exit if it comes…. J

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Recent Emails:

Sent: Wednesday, May 03, 2017 9:17 AM
Subject: ***** Noble: The next support did not hold too, price 0.127

Sent: Tuesday, May 02, 2017 10:53 AM
Subject: ***** Noble: A new low again and some short covering but is the selling really over? Take a look at system too.... Price 0.141

For illustration purpose only.

System before the share consolidation.

For illustration purpose only

Moya Asia: Almost hitting target, price 0.097..

Just last Thursday, we saw some actions in Moya Asia and a note was sent out the next day to clients.

Inner circle members were alerted of the potential move earlier of course..

Indeed it started to push higher over the past few days with a new recent high at 0.097 today.

Arrows drawn on chart below indeed still playing out well…

Looks set to head towards our first target at 0.100.

We may start to see some profit taking again near 0.100 before some consolidation again and probably more upside.

Congrats to those who were locked in.  J

What about the system? Does it tell us anything? Hint hint......

Not yet a client of Joey? Be one to be in the list, click here :)

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Recent Email:

Sent: Friday, May 05, 2017 9:19 AM
Subject: ********* Moya Asia: A new upwards phase again, price 0.086

For illustration purpose only

OCBC Bank: Target almost hit... price 10.43, still good to go?

Just last week, we saw the 3 local banks rally on stronger than expected results announced. There were some positive price action seen and a note was sent out on each of them to share on more upside likely.

True enough, all of them have managed to find a new recent high over the past week.

Over the past few days we have seen OCBC continue to inch higher even breaking above the 10.20 level over the past few days.

As mentioned, seems like OCBC is set to test our first target at 10.50 as drawn in the chart last week (See below).

Arrows are still playing out nicely. High at 10.43 seen today.

We may start to see some profit taking as we approach this level before more upside.

After 10.50, what level should we look at again? Be a client to find out, click here.

What about the system, yes we saw something interesting recently too, shhh....... PTI grads can check the system J

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Recent Email:

Sent: Tuesday, May 02, 2017 9:43 AM
Subject: ***** OCBC Bank: A move today seen as mentioned, price 9.96

For illustration purpose only

Sent: Wednesday, April 26, 2017 9:24 AM
Subject: ******* OCBC Bank: Still in consolidation range... price 9.74

For illustration purpose only

Addvalue Tech: Bullish signals still playing out.... price 0.066

Just about 3 weeks back, we saw some good bullish signals in this counter called Addvalue Tech.

Specifically on 13 April 2017, both my 2 completely different 1GT AND 1ET strategies had a bullish entry signal, entry price at 0.049.

It started to move up after a few days and we are looking at a 38.8% GAIN in 3 weeks…. and counting…

Because there is still no exits…

Hit a new high at 0.068 today…

Poised to test next crucial resistance at 0.075 then 0.080… Let’s see…..

Will see when the EXIT signal will come…..?

For illustration purpose only

Riverstone: Breakout seen last week. A new upwards phase? Price 0.97

Just last Friday, we saw some pretty good price actions where it had broke above the key 0.94 resistance that it has traded below for about a year.

Inner circle members were alerted of course to take note and watch for more confirmation…

Today, we are again some buying coming back…. 


Is it pushing higher as per arrows drawn in chart below?

We may start to see more strength to 1.00 then 1.05 in the short term with this 0.95 support holding now.

Finally some actions after a year…. Let’s see. J

Be a Client to Enjoy Trading Ideas Delivered to your Inbox >>> Click here

For illustration purpose only

Hi-P: Some strength returning again, price 0.735. Bullish exit but.....

Following up from previous blog post, I mentioned about Hi-P having no exits from the previous bullish signal >>> http://singaporetradinginsights.blogspot.sg/2017/03/hi-p-target-hit-some-profit-taking-seen.html

See chart again that was shown again here below....

For illustration purpose only

However just to share that we did see an exit eventually.

But, over the past few days we have seen some actions again after seeing a new bullish entry signal.

Today, it has started to pull away from the new support at 0.700....

System aside, still looking good above 0.700 imo...  J congrats to those still riding.

Will be looking to see when the exit will come again....  PTI grads can check and be alerted when it comes :)

Let’s see below where we are on a live chart now.....

For illustration purpose only

YZJ Shipbldg: Some actions seen as mentioned, price 1.22. More upside?

Had actually sent a note last Friday morning at 9.29am on YZJ Shipbldg when it was a 1.16 (See below chart).


Mentioned about a potential move above the key 1.20 level.....

Finally, the move came today. 


We have indeed seen the resistance at 1.20 gave way on some pretty decent price action as of now.

So looking at the chart drawn last week where the arrows are pointing to more upside..... Can it head to 1.35 next?

Anyway we did see something on the system, PTI grads can check.  J

Open a free trading account to be Notified.

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Recent Email:

Sent: Friday, April 28, 2017 9:29 AM
Subject: **** YZJ Shipbldg: A good rebound back to key resistance before profit taking again, price 1.16

For illustration purpose only

Yuuzoo: A glance at system! Really No exits... May still see more selling, price 0.068

Over the past 1 month, we have spotted weakness in this counter Yuuzoo and several emails were sent to clients also to notify them on weakness.

This morning when it was at 0.075, I sent out an email saying that we can still see more weakness towards 0.070.

True enough, we have seen Yuuzoo tested the 0.070 indeed and again a sell down below after 1 hour.

Looks like there is no stopping the weakness for now with it breaking each temp support with no signs of stopping.

Anyway, a client ask if he can have a quick look at my system to see the outlook as I have mentioned about a bearish signal previously.

I took a picture and send him and thought why not share on the blog also, so here it is below.

For illustration purpose only

Yes, so as mentioned in previous email to clients as well, there really is a Bearish signal. On the 11 and 12 April 2017 specifically.

On my 2 completely different strategies.

As you can see also, after the signals, it started selling down like nobody business...

PTI Grads had access to this system and would have been alerted to not only get out BUT perhaps to also consider taking short positions to ride the weakness.

Just hope no one is holding on blindly to this counter like i have said in previous notes. Keep it simple I guess, see a signal to get out, just get out.

Yup, still no exits after 3 weeks.......

Just be careful below 0.070 ok.... I also have no idea how low this can go, we normally just ride where it takes us and protect short positions along the way...

Still not yet a client of Joey? You got to be kidding! 

Click here to be one and at least be Notified of any dangers...

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Recent Emails:

Sent: Wednesday, May 03, 2017 9:09 AM
Subject: ***** Yuuzoo: Downtrend intact, cautious long... price 0.075

Sent: Tuesday, May 02, 2017 9:26 AM
Subject: ******* Yuuzoo: More selliing, still no exit, weak..... price 0.078

Sent: Wednesday, April 26, 2017 9:47 AM
Subject: **** Yuuzoo: More selliing, no exit, weak..... price 0.089

Sent: Wednesday, April 19, 2017 9:19 AM
Subject: **** Yuuzoo: Support gave way as well, not good, price 0.108

Sent: Monday, April 17, 2017 9:22 AM
Subject: ***** Yuuzoo: Downtrend firm, Price 0.115

Sent: Thursday, April 13, 2017 2:54 PM
Subject: ****** Yuuzoo: Break down seen indeed, cautious, Price 0.117

Sent: Wednesday, April 12, 2017 10:13 AM
Subject: ****** Yuuzoo: Heading dangerously towards 0.120 support again, system? Price 0.121

Sent: Tuesday, March 28, 2017 12:33 PM
Subject: ****** Yuuzoo: Heading towards next support, technical rebound, but cautious of next breakdown, price 0.124

Sent: Wednesday, March 15, 2017 9:41 AM
Subject: ****** Yuuzoo: Heading towards next key support at 0.130, rebound or more selling? Price 0.132

For illustration purpose only