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Saturday, February 25, 2017

Hock Lian Seng

Hock Lian Seng 24th Feb 2017

Hock Lian Seng had a very nice breaking out on 22nd Feb2017 and closed well at 56 cents .



On 24th Feb, it had made another high as witnessed by the Gap up of 58.5 cents and closed slightly higher at 59 cents. The volume is super high but the closing price at 59 cents wasn't that impressive.

Looks like we may expect to see a retracement happening any moment.

Short term wise, i think we have to monitor and see if this Gap Up can sustain or not.
If it went down to cover up this Gap at 56 cents then this might be a falsed Gap up and would likely to see further selling pressure to go down towards 52.5 cents and below.

( trade base on your own decision)


Thursday, February 23, 2017

YZJ Shipbldg

YZJ Shipbldg - 23rd Feb 2017

YZJ Shipbldg after touching the low of 80 cents on 22nd Dec 2016, it has since managed to stage a strong recovery and head higher to touch $1.00 today( 23rd Fev 2017). Couple with high volume and closed well at 99.5 cents. This is generally quite positive.



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

Short term wise, I think it may likely retrace and may take a short break before heading higher to re-attempt $1.00. Breaking out of $1.00 may likely heading higher to $1.05 then $1.10.

( trade base on your own decision)

Friday, February 17, 2017

Alliance Mineral

Alliance Mineral - 17th Feb 2017

Alliance Mineral has a nice Gap up on 19th Jan 2017 opening at 10.7 cents and closed well at 11.5 cents with a beautiful white thrust bar. From the chart wise , we can notice that after this 1st Gap Up , the share price has been gently rising higher to 13 cents. A 2nd Gap Up was being reflected from the chart opening at 13.6 cents and closed well at 15 cents( another beautiful white thrust bar). This is generally rather bullish.



A nice breaking out was being follow-through on 16th Feb 2017 opening at 15.3 cents and closed well at 17.3 cents. Couple with high volume , this is rather positive.

Both Macd & Rsi are still rising which may likely provide further head rooms for upwards movement.

Short term wise, I think it may move up to test 18 cents. Crossing over of 18 cents with ease that may propel to drive the share price higher towards 19 then 19.9 with extension to 20.5 and above.
(trade base on your own decision)

Thursday, February 16, 2017

OCBC Bank

OCBC Bank - 16th Feb 2017
OCBC Bank after hitting the high of $9.78 on 13th Feb 2017 , it had more or less exhausted as indicated by the doji candlestick on the chart . This is generally a sign of weakness.



The next day 14th Feb it had experienced a Gap down with high volume and closed lower at $9.43. This is generally quite bearish.

Currently, it is trading side-way after this short break.
It may likely continue to go down to test $9.20. Breaking down of $9.20 with high volume that may see further selling down pressure and push the share price lower towards $9.10 then $9.00 and below.

( trade base on your own decision)

SunMoonFood

SunMoonFood - 16th Feb 2017

SunMoonFood after touching the low of 8.3 cents on 22nd Dec 2016, it had since managed to stage a strong recovery and head higher to touch 11.8 cents on 15th Feb 2016. This is rather positive.



RSI are showing sign of rising which may likely provide further indication that the share price may continue to trend higher.

Short term wise, I think it may likely move up to test 12 cents. Breaking out of 12 cents with ease + good volume that may drive the share price higher towards 14 then 15 cents.

A word of cautious when trading with ultra penny stock counter. Ensure you have the Stop-loss plan in place.

( trade base on your own decision)

Sunday, February 12, 2017

InvestingNote

I have recently come across this platform that allows stock investors to connect and help one another through discussions and learning.
It is called InvestingNote and they have free Technical charts and Fundamental data powered by ShareInvestor.
You may post any topic related to stock .This is how retail investors, bloggers and professional users all come together on to one platform, to help each other become better investors by sharing quality materials.

I am also on the platform. Follow me on Investingnotehttp://bit.ly/sporeshare