Congrats on Manhattan Res trade, Up 13% in 3 days

http://www.andy-yew.com/2014/04/short-term-up-scan-15-apr.html

Congrats to those who have followed our post on our blog or our Facebook page.

We posted Manhattan Res last wednesday before market open, the setup was triggered as price broke previous day high. Manhattan Res now trading at 0.745, up 13% in 3 days

A good trader will do the following few things to protect his profit
1) Take profit as it hit profit target as PLAN, OR
2) Take half profit, set trialing stop to ride the profit higher OR
3) Dont take profit as it has not hit the expected target price, but move the stoploss higher to protect profit. Never turn profit into losses,


For more updates - Like us on our Facebook page
https://www.facebook.com/ARTeamTradersClub 

Pacific Radiance to continue uptrend?

Pacific Radiance, uptrending stocks that recently pull back after making a new high. currently we see this stock bouncing off the support level. Currently the price moves within the uptrending channel, support at $1.03, resistance can be seen around $1.14.

Recent News:
• Pacific Radiance inked a joint venture (JV) agreement with Westsea Marine (S), an Australian company providing maritime services as well as an owner and operator of a modern diversified fleet of vessels. The JV company, Westsea Radiance, intends to be engaged in the business of ship ownership and other offshore marine related services in the offshore support vessel segment.
https://sg.finance.yahoo.com/news/stocks-focus-sg-sembcorp-industries-033921347.html 

Short Term Scan - How to spot Amtek, Osim, Longcheer

On 24 Feb, our Short term Scan show Amtek as one of the possible trade not next day, just nice that night I am chatting with a student on what stock to see the next day. Every night we prepare for tomorrow's trade. Our Short Term Scan help us to do most of the Job by picking up just few stocks from the whole list of SGX stock. 

Amtek since appear on our list on 24 Feb, it is up More than 36%, now we are on Trailing stops for all the stocks in profit.

 LongCheer, another stock most people wont be looking at also up ard 32%

Osim, we had a signal on 24 Feb too. 

Are these stocks are what you looking for? Will this help you to spend less time looking at stocks?
Join us in our upcoming seminar to find out how our System can help you spot good trend and Ride it till the trend End

Date: 20 Mar 2014, Thu (English Seminar)  7pm - 10pm

          21 Mar 2014, Fri (华文讲座) 7pm - 10pm

Venue: 141 Cecil Street, Tung Ann Association Building #07-02 S(069541) Tanjong Pagar MRT Exit G, walk straight 80m, opposite the traffic light

Click Here To Register 

Short Term Up Scan - Cogent

Congent a leading transport company provide trucking services for both laden and empty containers between the ports and our warehouses or other designated destinations, and transportation services for oil and gas equipment, including equipment used for the construction of oil rigs.

Our short term scan show that this stocks have been moving on an up trend, recently have a pull back but as market up yesterday, this counter also move higher. For our short term strategy, we would enter only if price break above prior day high, stoploss at 0.26

KLW, Federal, EZRA - stocks at Month High & Month Low

One of the way to spot uptrending and downtrending stocks is to see the stocks that is at month high or month low, usually we monitor this few times a week to see if some names appear very frequently - meaning they are LIKELY to be downtrending (Everyday make new low) or uptrending (everyday make new High)

 For instance, HKland, KLW and Federal. We see them quite often, ya right they up everyday ;)

Ezra drop like crazy this few day, they are in this monthly low list.

Bottomline: stocks at 20days high/low not necessary always means that it is trending. They could be sideway trend and is at/near support. E.g UOB

ThBev - Consolidating with downside potential

ThaiBeverage, Currently sideway consolidation. However it is below the 10SMA, 50SMA and 200SMA. Facing the heavy resistance seems that it is easier to go lower level than higher level.

Can consider to trade break support if STI is weak.

Short Entry at 0.51
Initial Stop 0.545
Target 0.455
Timeframe 2-3weeks

However if it break upside resistance above 0.560, a potential uptrend could be seen, we will look for long entry.

Ezra - Trading buy setup

Ezra currently is on an upward trend, price have consistently stayed above the 10 simple moving average. This could be a possible breakout trade, Ezra will be bullish bias if price break above $1.37, bearish if price close below 10SMA, around 1.32.

Entry: 1.37
Initial Stoploss $1.32
Timeframe: 1-3weeks
Target $1.49

COSCO - Chart Pattern is forming

Once upon a time the popular stock called COSCO, during the peak it was almost $8 but today we are not going to talk about history. Recently, chart pattern is forming with volume decline. So, question is will it break above or below ? 

If we apply our ART Position system, it look more like up side for (mid term) trade. Possible strategy can be apply are short term breakout trade and mid term trade. With current market situation, we believe most people will want to play short term breakout trade, either way if break above we go for long and if break below then we go for short. So, Plan your trade and let the market tell us what to do and see how it performs when market open! 

SGX - Short Sell ?

SGX is weak after hitting resistant from 7.60, current price 7.20 is at critical support level and if broken we believe it will go down side. Short Seller will be watching this stock closely and once broken below 7.20, Short Seller may start to short and 1st target price to cover back may be at 6.95 and 2nd target at 6.75. Only use CFD for Short Sell.

Hi-P

Hi-P was supported by it ascending trend line and yesterday it has rebounded after touching it support line, today gap up when the market open. However, a strong resistant is waitng at around $0.80 and if you are short term trade please be prepared to take some profit! For the price to go higer, it must break above $0.80 first.

Biosensors - Short term rebound?

In weekly chart, Biosensors price is stay above the major support with nice weekly hammer candlestick. We expect short term rebound reason short term because the trend is still downward. Unless the trend is turning upward then we will view it as trend changing but as of now the trend is still down and today rebound we may consider it as short term rebound. Based on the weekly chart the 1st resistant is at around $1.20.

Singapore Stock Chart: IndoAgri

Indoagri has been down for 6 days, and currently price is near the 40ma support, short term is oversold. Short term traders might be interested to trade this stock as the risk and reward is quite ok.  E.g Entry at 1.385, Stoploss is 1.345. Short term profit target is 1.50. RRR almost 1:3. Timeframe 3-10days.

www.andy-yew.com