Tuesday, June 30, 2015

Genting SP: Is the 0.900 support holding up ? a Breakdown as mentioned previously ?

Where to now? Closed at 0.895, let’s see  !

Sent: Monday, June 15, 2015 9:49 AM
Subject: ******* Genting SP: Touched 0.900 critical support level, technical rebound or breakdown, price 0.905
Following up from call 3 weeks back, Genting SP has traded lower gradually and touch the critical support at 0.900. Range is now even lower from 0.90 to 0.93 as it consolidate sideways. Note that any breakdown below the 0.900 key psychological support would not be a good sign and there can be more weakness to take it lower to 0.84 then 0.80. CFD SELL can be used to ride any downside below 0.900 where there are huge buyers stacked currently. Longer term trend still pointing lower and moving below 0.900 can accelerate the downside with 20 day MA also sloping down firmly. Cautious long below 0.900. Any short term rebound can be to 0.94 level first and only a breakout above this would invalidate our bearish scenario.

Friday, June 26, 2015

Noble Group: Are we seeing a breakout as predicted ?

TRADING Call issued at 0.75 this morning ! now at 0.77 !!  J Let’s see if it touches our 0.800 target ?


Sent: Friday, June 26, 2015 9:25 AM
Subject: *******Noble Group: Consolidation in progress with clear resistance at 0.75.
Note that Noble has today attempted a breakout on top 5 volume above the 0.745 – 0.75 resistance level that it has traded below for more than 2 weeks. High seen today at 0.76 and staying above 0.75 now can see a rebound back to 0.80 then 0.83 as mentioned yesterday. At current levels, it has crossed above the 20 day MA line convincingly and with MACD and RSI still lending support. Stop loss can be raised to 0.73 for any long positions.

Sent: Thursday, June 25, 2015 12:36 PM
Subject: *******Noble Group: Consolidation in progress with clear resistance at 0.75.
Following from previous call, Noble Group has still consolidated within the range of 0.68 to 0.75 now after a series of shares buy back by the company. Longer term trend lines are still pointing downward so those trading the rebound can expect a resistance at 0.745 – 0.75 firmly. Only a breakout above 0.75 will invalidate our bearish scenario and we can then expect a trade back to 0.80 then 0.83 which was originally the support level. Temp support at 0.68 would hold for now given that Noble is shoring up confidence amongst investors by buying back shares. Those looking to trade this range can consider accumulating on dips near 0.68 for a rebound back to 0.75. Breaking support at 0.68 can pave the way lower to 0.63 then 0.60 which would trigger more sell calls so cautious and stop loss for any long positions below 0.68.

Thursday, June 25, 2015

StratechGroup: Consolidating upwards after breakout call last Friday!

Can StratechGroup head towards our 0.050 target as predicted last Friday ? high seen at 0.047 today.

Sent: Friday, 19 June, 2015 11:23 AM
Subject: ****** StratechGroup: Breakout spotted above 0.040, price 0.041
Following up from previous potential breakout call, StratechGroup has still consolidated below 0.040 for the past week. The range is now positively higher from 0.035 support to 0.040 psychological resistance now. Today, we have seen some actions again on top 3 volume as it attempts a breakout above the 0.040 level. Any clearing above with sellers at 0.041 taken out too can lead the rebound back to 0.045 then 0.050 which was the higher last month. Raise stop loss to 0.038 on a clear breakout and can continue to ride.

CNA: A breakout above 0.030 seen yesterday afternoon after call issued in the morning at 0.029

Can it continue to push upwards towards 0.040 ? Now at 0.034!  J Congrats to clients who chose to take some profit too given current market conditions.

Sent: Wednesday, June 24, 2015 10:05 AM
Subject: *******CNA: Seeing a repeat of April's rebound? - potential breakout, price 0.029
From previous breakout call, we have indeed seen CNA staged an incredible rebound to touch a high of 0.045 before dipping back down again and consolidating lower. Today we have seen some actions as it tried to break above the 0.030 psychological resistance level. Note that clearing above and staying above it can open the way to a rebound like we have seen in April with target to 0.040 the 0.045. 2 parallel lines have been drawn which coincides with current price action. Let’s watch, clearing 0.030 – 0.031 sellers can be more confirmation. Stop loss at 0.028 on a convincing breakout to ride the rebound. Stochastic indicator also trending upwards after the 2 months downward consolidation.

Wednesday, June 24, 2015

Ezra - Breakdown of key support level spotted Yesterday

More downside ? price at 0.25 now.

Sent: Tuesday, 23 June, 2015 9:28 AM
Subject: ******* Ezra - Breakdown of key support level can see more weakness, price 0.27
Breaking below 0.27 – 0.275 can start to see more weakness as it heads lower to find a new low. Cautious any long positions as we can see it trade to 0.200 on more sell down below 0.25 temp support level.

Sent: Monday, June 15, 2015 9:33 AM
Subject: ******** Ezra - Back to tight consolidation phase, can go either ways, note levels, price 0.295
Following up from previous Sell call, Ezra has indeed traded lower and touched a low of 0.275 before finding a support base for consolidation. Range is quite tight from 0.275 to 0.30 now and it can go either way beyond this level. Any breakout above the 0.300 support turned resistance level may lead to a rebound it recover some lost ground towards the 0.35 then 0.38 level. However, downtrend still looks intact and a further breakdown on clearing of 0.27 – 0.275 support level buyers can pave the way to 0.200 eventually where CFD positions can be used to ride any downside. Have traded sideways for more than a week as it finds a new direction with 20 day MA still pointing downwards aggresively and longer term MA line still sloping down firmly. Cautious long below 0.27.

Monday, June 22, 2015

Singtel: Has hit our 1st Target at 4.30, now at 4.32

More upside towards 4.50 ? Congrats to clients who manage to accumulate on dips last week J

Sent: Friday, June 12, 2015 10:05 AM
Subject: ******* Singtel: Breakout spotted above the 4.20 psychological resistance, poised for a recovery, price 4.22
Following up from previous accumulate calls, today we have indeed seen Singtel break above the critical 4.20 psychological resistance level that it has consolidated below for more than 2 weeks. At current levels, it has also crossed above the 20 day SHORT TERM MA line and this can lead to a short term trend reversal too. A bullish reversal piercing candlestick bar spotted last week and more confirmation above 4.20 seen. AS LONG as 4.20 holds as the new support now, we are short term bullish with a  recovery expected to 4.30 then 4.50. Macd indicators looks oversold after the recent sell down and looks ripe for a reversal too and a bullish crossover which can lead the momentum with stochastic indicator showing more room for the rebound rally.

Friday, June 19, 2015

Ezion: Pushing higher as per yesterday’s call when it was at 1.055

Now at 1.09, can the 1.10 resistance get out of the way too ? 

Sent: Thursday, June 18, 2015 9:20 AM
Subject: ******* Ezion: temp resistance breakout above 1.05 may be a short term good for rebound, price 1.055
Following up from previous potential breakdown call, we have indeed seen Ezion broke below the 1.10 support and headed to touched the 1.00 psychological support level. Have consolidated from 1.00 to 1.05 for more than a week and finally today we have seen some actions as it breaks above the 1.05 temp resistance. This can open the way to a rebound back to 1.10 then 1.18 which were originally the support level. Technical indicators like MACD and Stochastic seems to have bottom out and on the verge of reversing bullishly. More confirmation only if Ezion can stay above the 1.05 new support level now, stop loss can be at 1.035 for any long positions.

StratechGroup: Are we seeing a breakout above 0.040 as mentioned last Friday?

Congrats to those who managed to accumulate some positions on dips. ;) now at 0.041

Sent: Friday, June 12, 2015 10:45 AM
Subject: ******* StratechGroup: potential breakout above 0.039 - 0.040, price 0.037
Stratech range is from 0.030 to 0.040 now after breaking below the 0.040 support few days back. Has been supported above the channel support line since April and uptrend can still be good to go if it can cross above the 0.040 psychological resistance level again. 20 day MA line still sloping upwards which also coincides with the 0.040 level. Can consider accumulating on dips above 0.030 provided the support holds with stop loss at 0.028 strictly. Crossing back above 0.040 can see it attempt a further breakout above 0.050 critical level.