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Monday, August 22, 2016

China Aviation

China Aviation - 23rd Aug 2016

China Aviation after touching the high of 1.57 it had since trend lower to touch 1.35 today.This is rather bearish.



A bearish triple top pattern + broken down the support at 1.405 of which I think is the confirmation sign of a uptrend reversal.

Three black crows signify the end of the uptrend mode.
Short term wise, I think it may go down towards 1.20 then 1.10.
(Trade base on your own decision)

China Aviation

China Aviation - 23rd Aug 2016

China Aviation after touching the high of 1.57 it had since trend lower to touch 1.35 today.This is rather bearish.

A bearish triple top pattern + broken down the support at 1.405 of which I think is the confirmation sign of a uptrend reversal.

Three black crows signify the end of the uptrend mode.
Short term wise, I think it may go down towards 1.20 then 1.10.
(Trade base on your own decision)

Saturday, August 20, 2016

Yanlord Land

Yanlord Land - 20th Aug 2016

Yanlord Land after touching the low of 1.09 on 27th June 2016 it has since managed to stage a strong recovery and head higher to touch 1.295 on 16th Aug 2016. This is generally quite bullish.



The current price of 1.29 is staying above the SMA lines which is generally quite positive.

Also both Macd & Rsi are still rising that may provide further indication that the share price may continue to trend higher.

Short term wise , I think it may likely cross over 1.295 swiftly and head higher towards 1.335 which was the immediate resistance being attained on 24th Mar 2016.
Breaking out of 1.335 with good volume that may propel to drive the share price higher towards 1.40 then 1.50 with extension to 1.55.
(trade base on your own decision)

Tuesday, August 16, 2016

SembCorp Ind

SembCorp Ind - 16th August 2016

SembCorp Ind after touching the low of 2.66 on 5th August 2016 it had since managed to trend higher to touch 2.77 on 12th August 2016. This is generally quite positive.



The share price has just went ex.dividend and closed lower at 2.71. This is quite normal for the share price to retreat a little, so long it does not go much lower than the dividend declared.

One consolation point to take note is that the volume is not high and Macd is showing sign of a positive divergence which may likely provide further indication that the share price may continue to trend higher.

Short term wise I think good value is surfacing again for P/B of 0.76, dividend of 3.6%, PE of less than 10. Looks like it may move up to re-visit 2.77 , breaking out of 2.77 with good volume that may propel to drive the share price higher towards 2.85 then 2.94.

(trade base on your own decision)


CNMC Goldmine

Update CNMC Goldmine - 16th Aug 2016

CNMC Goldmine after hitting the high of 56 cents on 11th August 2016 it is now taking breather /pause . It is generally quite healthy for a uptrend stock to take a break/pause before continue to resume heading higher.



One consolation point to take note is that the volume for the past few days is low. This is a healthy sign and may likely see the share price continue to trend higher.

Macd is still rising and may provide further indication that the share price may continue to head higher.

Short term wise I think it may head higher to re-visit the recent high of 56 cents. Breaking out of 56 cents with good volume that may propel to drive the share price higher towards 61 cents and then 65 cents with extension to 70 cents and above.
( trade base on your own decision)

Friday, August 12, 2016

SingTel

SingTel - 13rd Aug 2016

SingTel after going ex.dividend on 3rd Aug 2016 it had since managed to trend higher to close the gap on 2nd Aug 2016 and head higher to close well at $4.22 on 12th Aug 2016. This is rather bullish.



Also both Macd & Rsi are showing sign of a positive divergence that may provide further indication that the share price may continue to trend higher.

Short term wise I think it may head higher to re-test the recent high of $4.36. Breaking out of $4.36 with high volume that may drive the share price higher towards $4.50 with extension to $5.00.
(trade base on your own decision)