SPDR Gold (GLD US$) - 26th June 2016
SPDR Gold (GLD US$) after hitting the low of 114.65 on 30th May 2016 it had manged to stage a strong rebound to touch 125.28 on 24th June 2016. This is rather bullish.
We can witness a spike in the volume bar with 101m shares changing hand and hitting the high of 129.60 and settled down at 125.28 on last Friday. This momentum is likely to continue to drive the share price higher to re-conquer 125.35 the recent high with little effort and propel higher towards 128.75 soon.
Both Macd & Rsi are still trending higher which may provide further indication that the share price may continue to trend higher.
With Gold price spike last Friday we may likely see the Gold price trending higher. This may likely reflect on the price for SPDR Gold (GLD US).
Short term wise it may go up to re-visit 128.75 then 130.00 with extension to 133.41.
(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!)
Sunday, June 26, 2016
Saturday, June 25, 2016
CNMC Goldmine
CNMC Goldmine - 26th June 2016
NAV - 12.64 cents.
Dividend - Dividend Yield is based on two interim tax-exempt dividend of total 0.36 Singapore cent per share, a final dividend of 0.18 Singapore cent and special dividend of 0.405 Singapore cent per share. Yield is about 2.12% base on current price of 36 cents.
PE ratio of 7.94x base on 36 cents.
About CNMC Goldmine : Involved in exploration and mining of gold, and processing of mined ore into gold dores • Commenced operations in 2007; first Catalist-listed gold producer on SGX-ST (listed in October 2011) • Current flagship project – Sokor Gold Field in Kelantan, Malaysia • CNMC founded by Prof Lin Xiang Xiong, Chief Advisor for China International Trade to Kelantan State Government
CNMC Goldmine after touching the low of 22 cents on 15th April 2016 it has since continued to stage a strong recovery and trend higher to touch 36 cents on 24th June 2016. This is generally quite bullish.
The trading volume was also high on last Friday which signifies good buying interest with more buying ( demand versus supply) that pushes the price higher to close at 36 cents.
The current price is staying above the SMA lines which is generally rather positive.
Also both Macd & Rsi are still rising which may provide further indication that the share price may continue to trend higher.
With current market volatility, Gold price is being regarded as a preferred investment that has been witnessed by last Friday Gold price races to 2-year high at 1319.10 .
The increase in Gold price may benefit and boost the revenue for the company.
Short term wise looks like it may likely continue to move up to test 40 cents then 45 cents with extension to 50 cents.
(trade base on your own decision)
NAV - 12.64 cents.
Dividend - Dividend Yield is based on two interim tax-exempt dividend of total 0.36 Singapore cent per share, a final dividend of 0.18 Singapore cent and special dividend of 0.405 Singapore cent per share. Yield is about 2.12% base on current price of 36 cents.
PE ratio of 7.94x base on 36 cents.
About CNMC Goldmine : Involved in exploration and mining of gold, and processing of mined ore into gold dores • Commenced operations in 2007; first Catalist-listed gold producer on SGX-ST (listed in October 2011) • Current flagship project – Sokor Gold Field in Kelantan, Malaysia • CNMC founded by Prof Lin Xiang Xiong, Chief Advisor for China International Trade to Kelantan State Government
CNMC Goldmine after touching the low of 22 cents on 15th April 2016 it has since continued to stage a strong recovery and trend higher to touch 36 cents on 24th June 2016. This is generally quite bullish.
The trading volume was also high on last Friday which signifies good buying interest with more buying ( demand versus supply) that pushes the price higher to close at 36 cents.
The current price is staying above the SMA lines which is generally rather positive.
Also both Macd & Rsi are still rising which may provide further indication that the share price may continue to trend higher.
With current market volatility, Gold price is being regarded as a preferred investment that has been witnessed by last Friday Gold price races to 2-year high at 1319.10 .
The increase in Gold price may benefit and boost the revenue for the company.
Short term wise looks like it may likely continue to move up to test 40 cents then 45 cents with extension to 50 cents.
(trade base on your own decision)
Friday, June 24, 2016
SPH
SPH - 24th June 2016
SPH after hitting the high of 4.16 on 25th April 2016 it had since continued to trend lower to touch 3.70 on 24th June 2016. This is rather bearish.
The current price of 3.71 has broken down the previous low of 3.75 (17th June 2016) which is generally quite negative.
Also both the Macd & Rsi are showing sign of a negative divergence which may be a tell tale sign that the share price may continue to trend lower.
Short term wise looks like it may go down to re-visit 3.65 the next support level. Breaking down of 3.65 may likely see it prices goes further down towards 3.60 then 3.51.
(trade base on your own decision)
SPH after hitting the high of 4.16 on 25th April 2016 it had since continued to trend lower to touch 3.70 on 24th June 2016. This is rather bearish.
The current price of 3.71 has broken down the previous low of 3.75 (17th June 2016) which is generally quite negative.
Also both the Macd & Rsi are showing sign of a negative divergence which may be a tell tale sign that the share price may continue to trend lower.
Short term wise looks like it may go down to re-visit 3.65 the next support level. Breaking down of 3.65 may likely see it prices goes further down towards 3.60 then 3.51.
(trade base on your own decision)
Wednesday, June 22, 2016
SingPost
SingPost - 22nd June 2016
SingPost after hitting the high of 1.70 on 22nd April 2016 it had since continued to drifted lower to touch 1.52 on 19th May 2016. This is generally quite bearish.
Today it has been experiencing a drastic fall from yesterday closing price of 1.56 to close lower at 1.505. This is rather negative couple with super high volume of 24.83m shares changing hand.
The current price is hovering below the SMA lines which is generally not healthy/positive.
Short term wise looks like the similar price patterns may repeat itself again as reflected on the chart.
It may likely go down to re-visit 1.43 cents. Breaking down of 1.43 cents with high volume that may send the price further downward towards 1.30.
Fair value may surface again once it had fallen to 1.43 & below.
( trade base on your own decision)
SingPost after hitting the high of 1.70 on 22nd April 2016 it had since continued to drifted lower to touch 1.52 on 19th May 2016. This is generally quite bearish.
Today it has been experiencing a drastic fall from yesterday closing price of 1.56 to close lower at 1.505. This is rather negative couple with super high volume of 24.83m shares changing hand.
The current price is hovering below the SMA lines which is generally not healthy/positive.
Short term wise looks like the similar price patterns may repeat itself again as reflected on the chart.
It may likely go down to re-visit 1.43 cents. Breaking down of 1.43 cents with high volume that may send the price further downward towards 1.30.
Fair value may surface again once it had fallen to 1.43 & below.
( trade base on your own decision)
SingPost
SingPost - 22nd June 2016
SingPost after hitting the high of 1.70 on 22nd April 2016 it had since continued to drifted lower to touch 1.52 on 19th May 2016. This is generally quite bearish.
Today it has been experiencing a drastic fall from yesterday closing price of 1.56 to close lower at 1.505. This is rather negative couple with super high volume of 24.83m shares changing hand.
The current price is hovering below the SMA lines which is generally not healthy/positive.
Short term wise looks like the similar price patterns may repeat itself again as reflected on the chart.
It may likely go down to re-visit 1.43 cents. Breaking down of 1.43 cents with high volume that may send the price further downward towards 1.30.
Fair value may surface again once it had fallen to 1.43 & below.
( trade base on your own decision)
SingPost after hitting the high of 1.70 on 22nd April 2016 it had since continued to drifted lower to touch 1.52 on 19th May 2016. This is generally quite bearish.
Today it has been experiencing a drastic fall from yesterday closing price of 1.56 to close lower at 1.505. This is rather negative couple with super high volume of 24.83m shares changing hand.
The current price is hovering below the SMA lines which is generally not healthy/positive.
Short term wise looks like the similar price patterns may repeat itself again as reflected on the chart.
It may likely go down to re-visit 1.43 cents. Breaking down of 1.43 cents with high volume that may send the price further downward towards 1.30.
Fair value may surface again once it had fallen to 1.43 & below.
( trade base on your own decision)
Tuesday, June 21, 2016
Singtel
Singtel - 21st June 2016
Singtel seems to be able to bounce off from the low of 3.76 which is rather close to the support level at 3.75 and stage a strong upwards thrust to touch 3.88 today.
The closing price of 3.84 is still hovering below the SMA lines which is still not out of the wood yet unless it is able to head higher to cross over 3.96.
Macd is about to turn up to cross over the signal line which may likely provide indication that the share price may have a high chance of moving higher.
Breaking out of 3.96 with good volume that may propel to drive the share price higher towards 4.00 with extension to 4.20 and above.
(trade base on your own decision)
Singtel seems to be able to bounce off from the low of 3.76 which is rather close to the support level at 3.75 and stage a strong upwards thrust to touch 3.88 today.
The closing price of 3.84 is still hovering below the SMA lines which is still not out of the wood yet unless it is able to head higher to cross over 3.96.
Macd is about to turn up to cross over the signal line which may likely provide indication that the share price may have a high chance of moving higher.
Breaking out of 3.96 with good volume that may propel to drive the share price higher towards 4.00 with extension to 4.20 and above.
(trade base on your own decision)
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