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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


Friday, February 10, 2017

Silverlake Axis

Silverlake Axis - 10th Feb 2017

Silverlake Axis after hitting the low of 52 cents on 23rd Dec2016 , it had since managed to stage a strong rebound and head higher to touch 62 cents on 2nd Feb 2017. This is rather bullish/positive.


The current price is hovering above the SMA lines which may provide further indication that the share price may continue to trend higher.

Both Macd & Rsi are still rising which is indicate further uptrend prevail.

EPS is about 3.5 cents, PE is about 17.1 times base on current price of 60 cents. Dividend is about 2.8 cents ( yield is about 4.7%) .



Gross Profit and Eps is relatively about the same for the past 4 years with exception for the recent divestment gain of RMB$143.7m.

Short term wise, I think it may likely move up to test the recent high of 62 cents. Crossing over with ease that may propel to drive the share price higher towards 65 then 70 cents.
( trade base on your own decision)

Thursday, February 9, 2017

New Silkroutes

New Silkroutes - 9th Feb 2017

New Silkroutes after touching the low of 65.5 cents on 22nd Dec 2016, it has since stage a strong recovery and head higher to touch 89 cents on 2nd Feb 2017, this is rather bullish/positive.



The current price is staying above the SMA lines which is generally quite positive /healthy and may likely see a continuation of this uptrend mode.

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 re-attempt the recent high of 89 cents. Breaking out of 89 cents with good volume that may propel to drive the share price higher towards $1.00 then $1.05.

( Trade base on your own decision)