Sheng Siong: Breakdown of 1.00 seen indeed, more weakness? Price 0.975

Following up from previous call last month, we have indeed seen a firm breakdown below the key 1.00 support level yesterday after hovering above since August.

We may still see some short term weakness below 1.00 now with some support at 0.94 – 0.95 for now as per chart drawn last month.

As mentioned, we have seen  2 Bearish candles with a double top over the past 4 months which can lead to potential downwards reversal, especially below 1.00 which is what we are seeing now.

Are you prepared for the weakness like some of us have ?

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Just to share that we have a BEARISH 1ET signal in Oct 2016 for this counter...before all this sell down....

PTI graduates can check if any exit so far  ;p

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Recent Email:

Sent: Wednesday, November 9, 2016 10:38 AM
Subject: ********** Sheng Siong: Seeing some weakness to next key support, price 1.015.

Short term trend seems weak below 1.04 now but we may start to find a base hopefully at 1.00 now. If not, more weakness can continue to 0.96 then 0.92. 2 bearish candles spotted at the 2 highest points which may not be a good thing.

For illustration purpose only

Spackman: A new recent high on momentum, upside can continue, price 0.172, Bullish signals with no EXITS :)

Target at 0.170 hit….

It managed to break above again firmly and today it’s at a new recent high at 0.173 which was our next target.

Momentum seems to be strong especially if 0.170 holds out now.

Can the reversal upwards continue back to 0.20 now?

For those still holding previously, please raise stop loss to protect….

Just to share that we actually had 2 Bullish Signals last month (See below), and there are NO EXITS yet…  So upside may very well be intact, above 0.170, for now at least.


Congrats to PTI Graduates who managed to lock in some previously :)

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Recent Emails:

Sent: Wednesday, November 23, 2016 9:15 AM
Subject: ******** Spackman: Back to key 0.150 resistance level.... A move above? price 0.148

Sent: Tuesday, November 22, 2016 10:51 AM
Subject: ********* Spackman: Likely to test 0.150 again, price 0.144

For illustration purpose only

Acromec: Indeed a further move above the next key level, price 0.575

First spotted this counter last week when we saw some pretty nice price action around 0.53….

Today, we have seen a move above the 0.55 indeed as mentioned….

Looks good to go above… Can it head back to 0.60 – 0.65 level just before it tanked 2 months ago?

Would be interesting, let’s see, Click here to be Notified by Being a Client too…

Momentum indicator still positive for now....

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Recent Emails:

Sent: Thursday, December 08, 2016 9:09 AM
Subject: ******** Acromec: Upside can continue above 0.55 next, testing, price 0.545

Sent: Wednesday, December 07, 2016 2:53 PM
Subject: ********* Acromec: Rebound potential on the cards above 0.50 now, price 0.53

For illustration purpose only

OUE: Some actions seen as predicted 2 weeks ago, price 1.84

As mentioned in call 2 weeks back, we have indeed seen a move in OUE….

A pretty decent move above the 1.80 key resistance level…..

Can there be more upside from here…. Were you prepared for the reversal too like some of us had….?

Seeing some profit taking for now near 1.85, but can it head to our target at 2.00 eventually as per arrows drawn on the chart 2 weeks back (See below chart)?

Be a Client to be Notified and find out. Click here

Just to share that we actually had 2 BULLISH SIGNALS on my system last month for this too, before all the hoo ha today…

Let’s see… PTI graduates can look for an exit if it comes J

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Recent Email:

Sent: Tuesday, November 22, 2016 9:14 AM
Subject: ******** OUE: Still capped below 1.80 now, but signs of reversal showing, price 1.78

For illustration purpose only

Japfa: Can it cross the 1.00 key level? Upside can still be possible... price 0.95

Over the past 2 weeks, we have seen pretty good support from the 0.88 - 0.885 level and i did send out a note where one can consider accumulating near this area for a potential rebound.....

Yesterday, it happened... a firm buy up seen all the way to a high at 0.94...

We have seen the sellers at 0.95 clear out today briefly as well but more confirmation required.

Currently pulling away from the 0.900 new support which is a good sign.

Let’s see if it can test the 1.00 resistance and maybe a further breakout. Definitely still in my watchlist...

Profit taking expected again near there.

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Recent Emails:

Sent: Wednesday, December 07, 2016 3:03 PM
Subject: ******* Japfa: A firm rebound from the 0.88 level indeed, can be heading back to 1.00... price 0.93

Sent: Wednesday, November 30, 2016 11:42 AM
Subject: ******** Japfa: Back to resistance turned support, price 0.91, a rebound or break down? An Bullish EXIT seen previously

Sent: Thursday, November 10, 2016 10:25 AM
Subject: ******* Japfa: Target hit, seeing some profit taking as mentioned, Price 0.985 - Buy signal 2 weeks back has NO EXITS yet fyi, see what I mean

For illustration purpose only

Genting Sing: May be attempting a firm move above 1.00 soon, price 1.005 - No EXITS on system

We are starting to see some strength in Genting with it attempting to make a move above the key 1.00 resistance level.

Has been consolidating from 0.94 to 0.99 for more than 2 weeks and some actions see today at a new recent high at 1.01.

Any distinct price action above this level can see us taking long positions for the upside to continue further after this minor consolidation with target to 1.05 then 1.08 next.

Uptrend is still looking good above 0.94 with buyers coming back on each slight dip so far, let’s see.

Apart from recent emails sent…

From my system, just to share that we had a 1ET BULLISH SIGNAL on 4^th NOV 2016…..

Entry price at 0.86 and there are still NO EXITS yet….

PTI Graduates can check to see when the signal will come out if still holding….   Congrats...

For illustration purpose only

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Recent Emails:

Sent: Tuesday, November 29, 2016 9:19 AM
Subject: ****** Genting Sing: Back to consolidation support for now, price 0.945, could be a rebound back up again, need a plan though

Sent: Tuesday, November 22, 2016 9:48 AM
Subject: ******* Genting Sing: Some profit taking seen near 1.00, but may still be good to go, price 0.975

Sent: Monday, November 21, 2016 9:20 AM
Subject: ********** Genting Sing: A breakout seen, may test 1.00 next, price 0.955

For illustration purpose only

SG Banks: DBS, OCBC, UOB - can still be Bullish, NO Exits on System yet for all.... DBS the best performing signal.... see what i mean

Some clients were asking me if there are still more upside for the Singapore banks that have staged a pretty impressive rally over the past 3 weeks…

PTI gradates would have witness some of these BULLISH SIGNALS 3 weeks back on all the banks, on different dates though….

My take is that I am still seeing strength in these banks….

DBS above 18.00 still good to ride, OCBC above 9.20 still good to ride. UOB may test 21.00 soon and attempt to break above too.

The thing is there are still NO EXITS on the Bullish signals yet, so upside can still continue imo.

Raise stop loss for any long positions if previously locked in. ;)

Want to know how to get hold of these signals too, attend a free workshop in the future, all sold out for now....


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For illustration purpose only

DBS: May test next 18.00 resistance soon, price 17.97, more strength above

DBS has approached the key 18.00 resistance level where we are seeing huge sellers stacked at the moment.

Likely to see some profit taking from here so those still holding can consider locking in some money.

Momentum indicator still pointing upwards firmly with no reversal in sign, any further breakout above 18.00 can pave the way to 19.00 then 19.50 too.

No Exit signal seen yet for the previous BULLISH 1ET signal… so upside can still be possible. 

Congrats to PTI graduates who have rode this counter…. 

Will post some pictures of Precision Trading Intensive program that just ended last weekend real soon, watch this space…

Be a client of Joey to be notified of such opportunities by email as seen below in the future, CLICK HERE.

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Recent Emails:

Sent: Monday, November 28, 2016 9:32 AM
Subject: ******* DBS: Pulling away from new 17.00 support a good sign, price 17.24

Sent: Friday, November 25, 2016 9:50 AM
Subject: ******* DBS: More upside possible above 17.00 still, price 17.00

For illustration purpose only