Tuesday, July 18, 2017

Market Back from Correction? - Uptrend Stocks in my Watchlist 18 July 2017

I strongly believe that Trend is the most important thing when comes to picking the the stocks, however this is something against the traditional way of thinking as most people prefer to pick the stock at the low point, but the low point in my view.. is already down trending.

What the trend trader focus on is Risk Management, we do have a stoploss in mind before we enter a trade, this Risk management is the key to survival, without having such control many "investors" will just hold the stock for and let it drop... resulting a big loss in their portfolio.
 China Sunsine, not sure what they do, this is what i got from their website

Listed on SGX-ST on 5 July 2007, China Sunsine Chemical Holdings Ltd. (“China Sunsine”) is a leading specialty chemical producer selling accelerators, anti-oxidant, vulcanising agent and anti-scorching agent.  It is the largest producer of rubber accelerators in the world and biggest producer of insoluble sulphur in the PRC,  serving more than 65% of Global Top 75 tire manufacturers, such as - Bridgestone, Michelin, Goodyear, Pirelli, Sumitomo, Yokohama, Hankook, Cooper, Kumho Tire as well as PRC Tire giants such as Hangzhou Zhongce, GITI Tire and Shanghai Double Coin Tyre. China Sunsine distributes its products under its own "Sunsine" brand, a brand which has been accredited as a “Shandong Province Famous Brand”.

 Bukit Sembawang - This stock is moving quietly over the past 6 month, trend is still strong for now
This is the most obvious trend out there, the banking sector has been strong all the way since November 2016, did you notice that? (yes?) if not, why not?

Ironically in this bull market, most people are holding the stock that is still dropping (in a down trend) like Yuuzoo, QT Vascular, SPH.

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