Keppel Corp - 31st January 2016
Keppel Corp seems to be showing sign of moving up to re-test the previous high of $5.24.
Both MACD & RSI are also showing sign of a positive divergence that may provide further indication for the share price to head higher. This is generally quite positive.
With Dow last Friday closed +390 points and oil prices went up , Kep Corp may see further upside from the current price of $5.02 (29th Jan 2016).
Breaking out of $5.24 with good volume that may propel to drive the share price higher towards 5.50 with extension to $6.00.
If later price dropped below $4.69 then perhaps this Reversal trend may not come true.
Entry price $5.24
Stop Loss - $4.80.
TP - $5.50 to $6.00
STI market is down on a downtrend mode.
Any profit will be always good to secure first.
Cannot be greedy in this kind of situation.
(trade base on your own decision)
https://spore-share.com or sporeshare.blogspot.com It is very important to equip and educate ourselves with the Trading or investing knowledge. Don’t rely on tips! Ensure we have a proper plan in place whenever we enter a trade. Don’t speculate and trade without knowing what you are trying to achieve. Only trade when the trading opportunity arise. All information provided is just just for sharing. (Trade/Invest base on your own decision!)
Saturday, January 30, 2016
Thursday, January 28, 2016
WILMAR INTL
WILMAR INTL - 29th January 2016
WILMAR INTL seems to be showing sign of a Reversal trend after hitting the low of $2.61 on 18th January 2016 and managed to head higher to stay above $2.70 for the past few trading days.
Today - 29th January 2016 it has manged to breakout the crucial level at $2.79 and head higher to trade positively at $2.85 with quite a good healthy volume of almost 6m shares changing hand for mid afternoon trading.
Current price of $2.85 is hovering above both 14SMA & 25SMA lines which is generally rather positive.
Both MACD & RSI are also showing sign of a positive divergence that may provide further catalyst to drive the share price higher towards $2.97 with extension to $3.15 then $3.25.
(trade base on your own decision)
WILMAR INTL seems to be showing sign of a Reversal trend after hitting the low of $2.61 on 18th January 2016 and managed to head higher to stay above $2.70 for the past few trading days.
Today - 29th January 2016 it has manged to breakout the crucial level at $2.79 and head higher to trade positively at $2.85 with quite a good healthy volume of almost 6m shares changing hand for mid afternoon trading.
Current price of $2.85 is hovering above both 14SMA & 25SMA lines which is generally rather positive.
Both MACD & RSI are also showing sign of a positive divergence that may provide further catalyst to drive the share price higher towards $2.97 with extension to $3.15 then $3.25.
(trade base on your own decision)
Singapore Post
SingPost - 28th January 2016
SingPost has again experienced another round of heavy selling down from yesterday closing price of $1.39 to closed 9 cents lower at $1.30. The volume is super high as indicated by the RED bar with 31.05m shares changing hand. It is overdue for a technical rebound after this major selling down effect.
On 6th January 2016 we can notice the same similar heavy selling down from the high of $1.59 and closed 8 cents lower at $1.51 with super high volume of 31m of shares changing hand. The next few day trading are trending higher after this major selling down.
Same pattern may happen again after this major selling down today. If this rebound is not strong enough to reverse this downtrend then perhaps it may move down again to re-test $1.28 in extension to $1.20 then $1.10.
(trade base on your own decision)
SingPost has again experienced another round of heavy selling down from yesterday closing price of $1.39 to closed 9 cents lower at $1.30. The volume is super high as indicated by the RED bar with 31.05m shares changing hand. It is overdue for a technical rebound after this major selling down effect.
On 6th January 2016 we can notice the same similar heavy selling down from the high of $1.59 and closed 8 cents lower at $1.51 with super high volume of 31m of shares changing hand. The next few day trading are trending higher after this major selling down.
Same pattern may happen again after this major selling down today. If this rebound is not strong enough to reverse this downtrend then perhaps it may move down again to re-test $1.28 in extension to $1.20 then $1.10.
(trade base on your own decision)
Super Group
Super Group - 28th January 2016
Super Group from TA from of view is still on a down trend mode as reflected from the chart . It has been on drifting lower from the high of $1.50 on 20th April 2015 and closed lower at 72.5 cents on 28th January 2016.
Current price of 72.5 cents is still hovering below both 14SMA & 25SMA lines which is generally quite negative. Good news is that it has more or less stabilize after hitting the low of 68 cents on 18th January 2016 and had managed to stay afloat above 70 cents.
MACD & RSI are showing sign of a positive divergence which may provide further indication that the share price may gather strength to head higher to test 80 cents.
Breaking out of 80 cents with high volume that may reverse this downtrend and provide further catalyst to drive the share price higher towards 87 cents then 96 cents.
EPS of about 4 cents . PE is about 18 times seem reasonable for a growth stock counter.
Yield is about 4.2 percents if they maintain 3.1 cents dividend for Year 2016.
(trade base on your own decision)
Super Group from TA from of view is still on a down trend mode as reflected from the chart . It has been on drifting lower from the high of $1.50 on 20th April 2015 and closed lower at 72.5 cents on 28th January 2016.
Current price of 72.5 cents is still hovering below both 14SMA & 25SMA lines which is generally quite negative. Good news is that it has more or less stabilize after hitting the low of 68 cents on 18th January 2016 and had managed to stay afloat above 70 cents.
MACD & RSI are showing sign of a positive divergence which may provide further indication that the share price may gather strength to head higher to test 80 cents.
Breaking out of 80 cents with high volume that may reverse this downtrend and provide further catalyst to drive the share price higher towards 87 cents then 96 cents.
EPS of about 4 cents . PE is about 18 times seem reasonable for a growth stock counter.
Yield is about 4.2 percents if they maintain 3.1 cents dividend for Year 2016.
(trade base on your own decision)
Wednesday, January 27, 2016
CordLife
Cord Life - 17th January 2016
Cord Life has a very impressive run from the low of $1.10 and rally all the way UP to touch the high of $1.715 on 25th January 2016. This is one of the stock counter that is able to trend higher despite broad market selling down.
The current price of $1.66 is trending nicely above both 14SMA & 25SMA lines which is rather bullish. Also both MACD & RSI are still pointing upwards which may provide further indication that the share price may continue to head higher.
Today closed at $1.66 with low volume seems very healthy for a uptrend stock to pause and getting ready to charge up to test $1.715. Breaking out of $1.715 with good volume that may propel to drive the share price to All Time High at $1.80 then $1.90.
If price later drop below $1.60 then perhaps this uptrend mode may not follow through.
Always practice to set your cut loss price level to safe guard your capital in case the trend goes against your direction.
(trade base on your own decision)
Cord Life has a very impressive run from the low of $1.10 and rally all the way UP to touch the high of $1.715 on 25th January 2016. This is one of the stock counter that is able to trend higher despite broad market selling down.
The current price of $1.66 is trending nicely above both 14SMA & 25SMA lines which is rather bullish. Also both MACD & RSI are still pointing upwards which may provide further indication that the share price may continue to head higher.
Today closed at $1.66 with low volume seems very healthy for a uptrend stock to pause and getting ready to charge up to test $1.715. Breaking out of $1.715 with good volume that may propel to drive the share price to All Time High at $1.80 then $1.90.
If price later drop below $1.60 then perhaps this uptrend mode may not follow through.
Always practice to set your cut loss price level to safe guard your capital in case the trend goes against your direction.
(trade base on your own decision)
UOB
UOB - 27th January 2016
UOB has gone into downtrend mode after hitting the high of $19.74 on 30th Dec 2015 and closed lower at $17.44 on 17th Jan 2016. This is rather bearish.
The current price of $17.44 is hovering below both 14SMA & 25SMA lines which is generally quite negative.
Also MACD is pointing downwards which may provide further indication that the share price may continue to head lower. The only consolation is that RSI is showing sign of a positive divergence.
STI may attempt to go down to test 2520 level. If that happens UOB may likely follow suit to go down to test $17.00.
Market is being geared towards down side . Unless tonight Dow can close positively with some good news from FED regarding interest rate direction.
If not,breaking down of $17.00 may drive the share price to trend lower towards $16.00 then $15.00.
In my opinion if the price is able to cross over $18.40 with ease and couple with high volume then that may reverse this downtrend and may head higher to test $19.20 then $20.00.
(trade base on your own decision)
UOB has gone into downtrend mode after hitting the high of $19.74 on 30th Dec 2015 and closed lower at $17.44 on 17th Jan 2016. This is rather bearish.
The current price of $17.44 is hovering below both 14SMA & 25SMA lines which is generally quite negative.
Also MACD is pointing downwards which may provide further indication that the share price may continue to head lower. The only consolation is that RSI is showing sign of a positive divergence.
STI may attempt to go down to test 2520 level. If that happens UOB may likely follow suit to go down to test $17.00.
Market is being geared towards down side . Unless tonight Dow can close positively with some good news from FED regarding interest rate direction.
If not,breaking down of $17.00 may drive the share price to trend lower towards $16.00 then $15.00.
In my opinion if the price is able to cross over $18.40 with ease and couple with high volume then that may reverse this downtrend and may head higher to test $19.20 then $20.00.
(trade base on your own decision)
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