SPH: Final downside target hit at 3.20.... is the worst over? Price 3.21

Just last month, we saw some weakness in SPH and clients were alerted.... it staged a slight rebound but only to be met with more heavy selling....

All the way to where our arrows are drawn previously (See below).

Fundamentally, it has seen earnings coming in below expectations with conditions expected to remain challenging for its media business. Momentum indicators were also pointing negative then.

See what I mean!  ;)

For illustration purpose only

Finally we have seen it hit our final target at 3.20 today as per the arrows drawn in the chart previously.

Currently, we are seeing some rebound or short covering near 3.20 which is normal. 

May also see a temp technical rebound back to 3.25 – 3.26 before seeing selling again.

However, as long as 3.26 is a resistance, we can still see more weakness.

Any firm price action below 3.20 can see a new recent low to 3.10 then 3.00, I won’t be surprised, cautious long....

From the system, yes we had some BEARISH SIGNALS.... still there.....

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Memtech Intl: Some profit taking today.... but upside over? Price 0.95

Just last Friday, we saw a move in Memtech above the key 0.900 level when it was at 0.91….

And a note was sent out with chart as seen below….

It started trade all the way to a high of 0.975 yesterday before some profit taking today….

For illustration purpose only

Was looking at the system and saw that we had a bullish signal in March…

But there was actually AN EXIT few weeks back…. So is it over?

The thing is, are we seeing another BULLISH RE-ENTRY SIGNAL?

Yes… last week….

PTI Grads can check to see…. Shhhh….. ;)  

Will probably show the signals on the system next time!

Sunright: Saw something, move came. Still good from system? Price 0.585

Just last Friday, we saw some actions in this counter called Sunright.

It was approaching its 0.54 key resistance level…..

See the chart below where some targets were drawn…. Was at about 0.545 then…

For illustration purpose only

Indeed, the move strengthened and it started to push up higher at day end with buyers not letting go….

We started to see more strength today with it almost hitting our first target at 0.60.

High as of now is 0.59…

More importantly, inner circle members were alerted to this on the system….

We had a BULLISH SIGNAL on my Explosive 1ET strategy last week just before the move came…

Glad that everyone know why the signal is there…. I mean like why there is a signal…. 

That’s so powerful to me!

No exits for now........

Looking to see when the 0.600 level will clear out to give way to more buyers....

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BreadTalk: Target hit... BUT is it really over? System says? Price 1.605

Just last week, a note was sent out when we saw something in Breaktalk…..

It was a move above the 1.50 resistance level which was interesting and could point to more upside….

See what was sent out below….  where there were arrows drawn on the chart…. J

For illustration purpose only

True enough, we have indeed seen Breaktalk pushed higher over the past few days to hit our target at 1.60…..

Target hit!!!

The thing is, it is looking to even cross this temp resistance today too…..

In the last email, I also mentioned that we saw something on the system. 

What thing?

Well, a signal!!!!

Just wanted to pull it out since a client has asked about it so here it is below….

We got a 1GT BULLISH ENTRY SIGNAL, 4^TH May 2017….

Yes, it has started to push higher till now…..

For illustration purpose only

The thing is, we are still not seeing any EXITS ON THIS counter yet….

And the uptrend still looks fairly ok to ride…. J

Your call..

PTI grads can check back to see when the exit will come eventually….. protect profits now….

Thanks to this system that makes it so much easier for me and also my grads…..  

We are right below now in terms of a live chart…. Can the price continue to rise like the arrow BELOW?

Be a client of Joey to be in the loop at least J >>> CLICK HERE

For illustration purpose only

Frencken: Still continuing the upticks.... inner circle rode, may still be good as per system... Price 0.525

About 2 weeks ago, we were alerted on my SYSTEM to some BULLISH Signals from one of this counters that was never in my radar....

The counter is called Frencken....

Specifically, we had a 1ET and 1GT BULLISH entry signal....

Both completely different strategies, both pointing to the same direction.... and what more....

On the very SAME DAY.... 9^TH May 2017..... with entry price at 0.39....

A few days later, the ascent began... all the way to a high of 0.53 today..... see what i mean below.

And of course, there were several follow ups alerts by inner circle.....

For illustration purpose only

We are looking at a 34.6% gain in 2 WEEKS.... and counting....

Why counting.....

Because there is still NO EXITS on the system yet......

So can it go to 0.60 and maybe even 0.80 next?

Why not....?

I mean, we would ride and of course make sure we don’t lose money now that we have already made them....

PTI grads would know what i mean.... and of course what to do exactly....

And the main thing I am proud of is, everybody knows WHY the DOT WAS there....

I mean if you can tell me to put the dot there means you know exactly what is going on... and that to me is much more important. J

So for now what to do, your call......  J

We will be looking at when to take some money of the table.... just saying....

For illustration purpose only

Sunningdale Tech: Saw something 2 weeks back, then actions again.... price 1.885. System?

Just about 2 weeks ago, we saw some actions in this counter call Sunningdale Tech….

In fact, the system actually showed something… PTI grads can check…..

A bullish entry signal…..

But let’s take a look at the chart below that was shown about 2 weeks back when it was about 1.83….

Arrows still seems to be playing out well…..

After consolidating for about 2 weeks above 1.80, finally we are seeing some actions again today with the target still on track.

So can we see the move towards 2.00 then even 2.20 next as per the arrows drawn above?  J

Well, would be looking to see what the system says…..

And when the exit will come? For now, still looking awesome….

Protect profits for now for those who had locked in together with us….. J

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Food Empire: An exit, but we spotted something last week finally.... where to? Price 0.72

Following up from previous blog post in February >>> http://singaporetradinginsights.blogspot.sg/2017/02/food-empire-new-push-to-find-new-high.html

We mentioned about the bullish signals in Jan 2017 having no exits.... See system below again.

For illustration purpose only

The thing is the exit did come.... somewhere in February...

And it has then been consolidating sideways below the 0.64 level all this while.....

Till we spotted something last week..... let’s see what we saw below...

For illustration purpose only

Target hit as per arrows drawn in the chart last week.... and


Today we are even seeing a push above the 0.700 again....

So can there be more room to go to 0.80 now?

More importantly, is there another Bullish RE-ENTRY SIGNAL ON THE SYSTEM AGAIN NOW?

PTI grads can check......

Be a client to be notified at least a little earlier..... J   >>> CLICK HERE <<<

UMS: The move really came, price 1.01. More upside?

Over the past few days, we have seen UMS broke the key 0.95 resistance level that it has consolidated below for more than a month.

Has been holding well over the past few days which is a genuinely good sign...

Was just looking at the chart this morning when it was at 0.98 and I sent out a note to prepare for a potential move above 1.00…

And then it started to see some strong buy ups in the afternoon with a new high at 1.02 as of now…

Can the arrows drawn earlier in the chart below play out? Target to 1.10?

Well, it remains to be seen….

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For illustration purpose only