Thursday, October 28, 2010

Cosco Corp - Swing trade

Cosco Corp, Drop for 5days and entered the 20ma 40ma zone. CCI also in oversold position. Tomorrow can consider to enter this stock. Entry:1.86 Target: 1.98 Exit: 1.80 Time Frame: 3-5days

PLife Reit, Fragrance and STI etf also have similar setup





Wednesday, October 27, 2010

Market outlook, SGX, Noble, RafflesMG..

STIclosed at 3124, down 38.12 points today, it breaks the 20ma (white line), maybe will head to test 3100 the 38.2% Fibonacci level. If breaks below that, the next support level will be 3068.









The list on the left is some bearish stocks that we should let go. The few that need to be highlighted is SGX, Noble, Midas, SIA,F&N, Capitaland, guccoland, RafflesMG...etc.. The trend is telling us to get out.

Rotary

Rotary currently trading at $0.99,open gap above resistance and 200ma, symmetrical triangle breakout. Can consider to go long for this stock if it stays above 200ma for next few day, stop loss put at today's low.

STI down 33point now, consider to take profit if u have, becareful of your short term position. I will post stocks to exit for mid-long term tonight.

Monday, October 25, 2010

FirstRes- Follow up

FirstRes, finally had a triangle breakout today, for those who haven entered, tomorrow still can enter if stocks breaks prior day high, buy lesser than previous position if u are holding it already

Sunday, October 24, 2010

Osim, C&O Pharm,UE. Starhub,

Osim, closed 1.14 on friday. From the chart, we can see that resistance line has been broken, our system also show that it is time to add position, Can consider to buy buy if it break prior day high (1.17) and remember to buy less than your first position. My previous post on osim




C&O Pharm, my first post on this stocks, i find that this stocks is consistently moving upward, buy signal on our system, can consider going in if tml breaks prior day high.





Here is the list of other stocks that you can consider buying on monday, for people whos is more risk adverse can consider to buy more starhub, Another stocks with alot potential to move parabolic is UE (United Engineer). Can consider to buy stocks in this list if it breaks prior day high.

p.s All mentioned above is for mid-long term.

Friday, October 22, 2010

FirstRes

FirstRes, Take a look at this stocks today, if breaks above $1.27 can consider to buy in. This can be the next OrchardP...

Also take alook at Jaya, the next Fragrance...

Thursday, October 21, 2010

Stock to sell: RafflesMG,Midas,SpuraFin,SATS,SIA,SPH

Did a scan on these stocks, its time to sell of these stock: RafflesMG, Midas, SpuraFin, SATS, SIA, SPH..

STI still remain uptrend, resistance at 3240. Tomorrow we will be looking at PEC, Hiap Seng (chart looks like Fragrance)... Always enter if stocks breaks prior day high.

Tuesday, October 19, 2010

Fragrance - Must read!!

Have you read my previous post? (<== click it!), almost forget about this stock already. Lucky today happen to browse through it, thou never make money from it but I am happy to see that my analysis works!!!! Next time i will know what to do when I see the same setup, will you?

Hi-P, Sunvic

Sunvic today close $0.545 up by 6.87%, if you are having this stock please hold on to it and not to take profit so soon. If tml price break above today's high (0.55), can consider buying for mid-long term trade. p.s buy less than initial size.




Hi-P has got a swing setup for tml's trading, can consider buying for 3-5days short term trade if tml goes higher. Entry: 1.06, Target: 1.15 Exit: 1.02, Timeframe: 3-5days. Good risk/reward ratio!










Friday, October 15, 2010

SGX move higher

SGX close 10.12, up 0.46cents today, congrats if you have followed my previous post. Can consider to add position if it break prior high on monday. Our chart also show positive movement in other stock market related stock eg: KimEng (1.84,cross 200ma), Uob-KayHian(1.63)

Thursday, October 14, 2010

CapmallAsia - Long Exit

CapmallAsia, failed to rise despite market rally the pass few days and today it tried to break the support line. Our system had showed a long exit signal, do consider to exit your position.

Wednesday, October 13, 2010

Stock alert! Genting HK

Genting HK gave a long signal after prolonged sideway trend, should let go all these stock(in the list) if there is no sign of turning back in the next 2day. Not saying that it will go down 100% but you should let go these underperformed stocks and relocate it on those stock that have more potential to sky rocket.

STI support at 3040

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Here is a list of bullish stock you can consider to buy if tomorrow price breaks prior day high. Mid to long term trade, OKP seems to have alot of upside $.$ .STI resistance at 3240.












Tuesday, October 12, 2010

KepLand

KepLand, today had a triangle breakout, can consider to buy some if tml goes higher. Mid-long term trade.

Monday, October 11, 2010

Market update

1) Just another reminder: Sti hitting resistance 3240 if break next will be....
2) Good stock with alot more upside and you should hold on to is RafflesMG, UIC, ChinaAOil, SGX, techoil, ChinaXlx, Hi-P
3) Techoil&gas, will still hold for sometime until near ex-dividend date

Sunday, October 10, 2010

Risk-to-reward Ratio

Risk-to-reward Ratio is a very important ratio for all traders, it is mathematically calculated by dividing the expected profit(reward) to the expected loss(the risk). The optimal Risk-Reward Ratio should be at least 1:2. E.g Entry 1.00 ,Target 1.04, Exit 0.98. Time frame: short time

It is vital to examine your risk-to-reward ratio before making a trade. It's also essential to trade with money you can afford to lose, and to limit the amount of risk you take on each trade. Make sure you can survive a drawdown, and avoid wasting your precious capital on low probability setups. Don't put on trade just to get a rush of excitement. Make sure you have a detailed trading plan and trade the plan setup. and stand aside until you find a setup where you can win. In gamblers parlance. "you've got to know when to fold them." Its impossible to make money without risking it. but there is huge difference between reasonable risk and recklessness. Winning traders know the difference and don't take unnecessary chances.

Wednesday, October 6, 2010

Market Outlook, Boustead, HiapSeng,Stamford Tyre, SGX, Wingtai,StraitsAsia

Today STI up 27.71pts to 3109 level, after rising for 4days it seems like reaching a resistance level at 3210. Now that all the Big Cap has run, we might see some mid cap run soon, follow by penny stock... For short term player, can consider to lock some profit. My 2cent view on the market ~





Can take a look at the following stock that I have selected, do consider to buy if tomorrow price goes higher than today's high. Mid-long term trade (>2weeks)

Tuesday, October 5, 2010

Guocoland, Capitaland, Ezion, Longcheer, Noble Grp

Guocoland, If you have follow my previous post you could have entered it on last Tuesday, 1 week ago. Probably you are waiting to sell now, but wait, like what i always say, cut loss fast take profit slow, hang on to your urge in taking profit so fast. Today this stock has close above the resistance, breaking the symmetrical triangle chart pattern. Can add on your position tomorrow if it goes higher. Entry 2.45, Exit 2.35, Mid-long term. If you are adding position, add a 25% lesser quantity than your previous position/

Other stock with similar setup will be: Capitaland, Ezion, Long cheer, Noble grp

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