STI : A Quick recap - New breakthrough above 3200 can see the bullishness continue, STI 3228.

Following up from previous blog post on the entire market on 10th Feb 2017 >>> http://singaporetradinginsights.blogspot.sg/2017/02/sti-approaching-key-barrier-for-now-but.html

I mentioned that we were about to attempt a move above the key 3100 level where can see the bullishness continue further... 

Let’s take a look at the chart below that was shown then.

For illustration purpose only

After 2 months has passed, we can see that target has been hit and we have touched the 3200 level yesterday as per the arrows drawn in the above chart.

Finally, with banks leading the charge, we have seen the STI crossed above the key 3200 convincingly yesterday and pulling upwards further today.

As long as STI holds above 3200 now, we can be still in for more upside. 

Moving averages are still looking positive on this move with uptrend intact for the market since the beginning of the year.

What are the next levels to watch for the entire market?

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Let’s see where we are on the chart right now.... See below! :)

For illustration purpose only

Venture: Some actions caught and a note sent, price 12.81

Just last Friday, we saw some actions above the key 12.00 resistance level in Venture and a note was sent out....

Today, we saw a further push above last week’s high. Was just looking at this counter this morning where I took a screen shot at the chart when it was at 12.47 as seen below.

Mentioned briefly to my inner circle thereafter that we can still see the upside continuing towards 13.00 in the near term....

Now at 12.81.

We may start to see some profit taking after some more strength....

Congrats to those that are riding....

System wise, let’s just say we saw something and it is awesome as of now..... 

PTI grads can check..... J

For illustration purpose only.

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Recent Emails:

Sent: Friday, April 28, 2017 3:08 PM
Subject: ***** Venture: Pushing higher after some consolidation, price 12.18

Sent: Thursday, April 20, 2017 9:44 AM
Subject: ***** Venture: Uptrend intact, good to hold, price 11.76

Sent: Thursday, April 13, 2017 4:26 PM
Subject: ***** Venture: Pushing past 11.60 can see more upside, price 11.65

Sent: Thursday, March 30, 2017 2:45 PM
Subject: ***** Venture: May test 11.50 soon for more upside, price 11.46

Sent: Tuesday, March 28, 2017 4:20 PM
Subject: ****** Venture: Some actions seen again, uptrend good. Price 11.32

Sent: Thursday, March 02, 2017 5:18 PM
Subject: ******* Venture: A breach above 11.00 level, may push further before profit taking, price 11.13

Sent: Tuesday, February 28, 2017 9:11 AM
Subject: ***** Venture: Target hit and raised on move above 10.50, price 10.54

For illustration purpose only

Noble: A new low again and some short covering but is the selling really over? Take a look at system too.... Price 0.141

Following up from previous blog post about 3 weeks back when we were still at 0.182>>> http://singaporetradinginsights.blogspot.sg/2017/04/noble-back-to-next-critical-support.html

We have indeed seen more weakness in Noble with more selling and with key supports at 0.180 then 0.160 being broken after each minor consolidation.

Today, it has touched the next support at 0.140 and we are seeing a temp technical rebound for now.

Momentum indicators are still looking weak and we can still see more selling with it breaking below 0.140 now. Cautious long as mentioned all along since 3 weeks back.

From the chart drawn on 16^th March 2017 as seen below, down arrows have already played out well, in fact even more selling from where the arrow stopped.

For illustration purpose only.

What about the system?

Just decided to take a quick look to see if there are any exit?

Exit on what?

Exit on a 1ET BEARISH ENTRY SIGNAL that came out on 17 April 2017, Sell entry price 0.179.... see below chart!

PTI grads were alerted of course when the sell down began.

For illustration purpose only

Looking forward to reveal this system to my next batch of Precision Trading Intensive students in about 3 weeks time..... anyway....


Question Now is: Can there be more selling still?

Yes possible. Especially if 0.140 fails to hold and if we see something more.

Note that previous low last year was 0.120 then above 0.110 which it can also head to retest.

Not saying that it will, but it is possible...

Given that it has already sold down that much over the past 3 weeks. 

Thanks to the system that alerted us on weakness in this counter.

Be a Client of Joey to at least be notified of such dangers when it comes >>>  Click here.

Japfa: More selling seen with system still bearish..... price 0.615

From previous blog post last month >>> http://singaporetradinginsights.blogspot.sg/2017/03/japfa-breach-of-support-at-080-not-good.html, I shared that we may still see more weakness on the breakdown below 0.800 support. Actually not a good sign.

From the system, I also mentioned that we saw a bearish entry signal, 22 Feb 2017. Entry price at 0.955. (see chart below again)

Fast forward to today, it seems like sellers are not letting go and more selling seen towards the 0.600 next support level. Can that level hold too?

So far we have been seeing selling on any slight technical rebound, downtrend firmly intact below 0.64 now.

System wise? Not good....

I really hope no one is still holding on blindly...

How good if you can have a system where you can just pull out a chart and have a view immediately.

For illustration  purpose only

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Recent Emails:

Sent: Friday, April 21, 2017 10:50 AM
Subject: ****** Japfa: Break down of 0.700 yesterday can see more selling again... Price 0.65

Sent: Wednesday, March 15, 2017 9:20 AM
Subject: ******* Japfa: Breach of support at 0.80 not a good thing price 0.79

Sent: Thursday, March 09, 2017 9:47 AM
Subject: ******* Japfa: Sell down can continue further before some short covering, price 0.825

For illustration purpose only

Federal Int: Uptrend intact, system picked up something.... price 0.47

One of my clients asked me if this counter can have more upside.

From the chart, it actually looks pretty good with uptrend still looking ideal over the past 3 months. I did not really follow this counter due to its liquidity.

When I saw the system, realized that we actually had some bullish signals, a 1ET BULLISH ENTRY signal on 13 Feb 2017. But there was an exit for that already this month.

The thing is, we had another bullish signal last week, and up it went over the past few days….

So to 0.60 now?

Let’s see how it plays out. Congrats to PTI grads who managed to catch this and rode.

Your call. J

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For illustration purpose only

AEM: Huge rally after bonus issue.... price back to pre bonus and above... price 2.45. Amazing!

Following up from previous blog post >>> http://singaporetradinginsights.blogspot.sg/2017/03/aem-pushing-to-new-high-towards-200-i.html, where I actually mentioned that we have a NEW BULLISH entry signal on 3 March 2017.

We have seen AEM do a 1 for 2 bonus issue in early April where the price adjusted downwards correspondingly, only to come back even stronger!

From previous bullish signal in March as seen below, we actually did had an exit earlier this month.

It started to push above the 2.00 resistance yesterday and pulled higher today, what an amazing run indeed....

Some of my pro inner circle members are still riding.... can’t believe it...

Is there Another Bullish Entry Signal again NOW???


Be a client to be At least in the loop of such opportunities, click here ....

For illustration purpose only

Hotung: Still no exits.... to 2.00 now? Price 1.825

About 2 weeks ago, I mentioned about this counter called Hotung… >>> http://singaporetradinginsights.blogspot.sg/2017/04/hotung-uptrend-firm-to-ride-system-says.html

It was mentioned by one of my clients which got me interested to see what the system said.

Basically, in the post 2 weeks back, I mentioned that we had 2 bullish entry signals on the 24 March 2017, where there were no exits…

Fast forward to today, we have indeed seen Hotung, pushed higher above the 1.80 psychological resistance over the past few days…

Seems to be supported really well with uptrend still pretty much intact above now.

Question is: can we see it head to 2.00 next?

Well, just to share that from the system, we still have had no exits…. shhhhhh.....


Will be excited to see when it comes which can guide me and my students.

Profits protected for those locked in J

Congrats to PTI grads who were locked in…

For illustration purpose only

Privileged to be invited as a speaker by SGX....

Over the weekend, I had the privileged to be invited by SGX to share more on how one can fine-tune their stock portfolio in just 3 simple steps.

I covered topics like how we can ensure that our stock portfolio is with the uptrend as it is harder to go wrong...

I also mentioned where are the best zones to start timing our entry, for a dividend portfolio and gave some real life examples.

I am glad that the audience learnt something from the feedback that I am receiving.

Market has been rather volatile of late and it is good to be more cautious in trading and manage positions wisely. Market was up 17 points in the morning and now it is back negative 2 points...

Anyway, looking forward to receive my next batch of Precision Trading Intensive graduates next month J