Ocbc - 21st July 2017
looks like we are having a Downtrend Reversal being played out for Ocbc counter.
Similar patterns being presented on Dbs & Uob.
Short term wise, I think likely to trend lower towards 10.80.
( 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, July 23, 2017
Bullish patterns for Long
Bullish patterns for Long
These are the few counters that it might be good to take a look and analyse for further Trading Long.
Venture
YZJ
KSH
Hi-P
CAO
Memtech
Semb Marine
Sembcorp ind
dyodd
( trade base on your own decision)
These are the few counters that it might be good to take a look and analyse for further Trading Long.
Venture
YZJ
KSH
Hi-P
CAO
Memtech
Semb Marine
Sembcorp ind
dyodd
( trade base on your own decision)
Saturday, July 22, 2017
Gap Analysis
Gap Analysis
The important concept to take note:-
Experience traders buy after a wave of selling has occurred.
They sell after a wave of buying has occurred.
In-experience traders do the exact opposite!
If a stock gaps up after a wave of buying has already occurred, these could be investor/in-experience trader buying the stock - it might be an opportunity to short.
If a stock gaps down after a wave of selling has already occurred, these could be investor/in-experience trader selling the stock - it might be an opportunity to go long.
Friday, July 21, 2017
China Sunsine
China Sunsine - 21st July 2017
China Sunsine had a nice run-away gap up from 81 cents to 91.5 cents.
NAV 58.5 cents.
EPS 9.4 cents.
PE 9.4x
From TA point of view it is rather bullish.
Short term wise, i think it may likely retrace a little and then re-capture the recent high of 91.5 cents.
Crossing over of 91.5 may see it rises higher towards 95 then 1.00 with extension to 1.10.
( trade base on your own decision)
China Sunsine had a nice run-away gap up from 81 cents to 91.5 cents.
NAV 58.5 cents.
EPS 9.4 cents.
PE 9.4x
From TA point of view it is rather bullish.
Short term wise, i think it may likely retrace a little and then re-capture the recent high of 91.5 cents.
Crossing over of 91.5 may see it rises higher towards 95 then 1.00 with extension to 1.10.
( trade base on your own decision)
Thursday, July 20, 2017
JAPFA
JAPFA - 20th July 2017
I have roughly worked out the EPS DCF value of $1.182 using diluted EPS for past five years.
EPS CAGR - 23%
Discount Factor -10%
FV - diluted EPS of 6 cents for year 2017
PV - diluted EPS of 2.6 cents for year 2013
Lets further put in another 20% discount on $1.182 . We can roughly derive the EPS DCF value of $0.945.
Short term TP of 75-80 cents ..
TA wise also looking quite good as it has a strong recovery movement from the low of 51 cents on 15th May 2017 and risen to a high of 69.5 cents.Short term wise , it is rather Bullish.
NAV $0.496
Rolling PE - 8.42
Dividend yield of 1.46%
dyodd
(Trade base on your own decision)
I have roughly worked out the EPS DCF value of $1.182 using diluted EPS for past five years.
EPS CAGR - 23%
Discount Factor -10%
FV - diluted EPS of 6 cents for year 2017
PV - diluted EPS of 2.6 cents for year 2013
Lets further put in another 20% discount on $1.182 . We can roughly derive the EPS DCF value of $0.945.
Short term TP of 75-80 cents ..
TA wise also looking quite good as it has a strong recovery movement from the low of 51 cents on 15th May 2017 and risen to a high of 69.5 cents.Short term wise , it is rather Bullish.
NAV $0.496
Rolling PE - 8.42
Dividend yield of 1.46%
dyodd
(Trade base on your own decision)
Friday, July 14, 2017
M1
M1 - 15th July 2017
M1 after hitting the high of $2.31 on 17th May 2017, it has since retreated lower and went down to touch $2.03 on 14th July 2017. This is rather Bearish.
The closing price of $2.05 is hovering below all the SMA lines. This signify weakness and it may continue to go lower .
It has broken the lower TR and it not taking a breather before setting the next movement.
If $2.03 cannot hold then it may see further selling down pressure towards $1.965.
I think this could be a shorting candidate once $2.05 support has been broken down.
I think bargain hunter may come in to support around $1.95-$1.97.
Dyodd .
(trade base on your own decision)
M1 after hitting the high of $2.31 on 17th May 2017, it has since retreated lower and went down to touch $2.03 on 14th July 2017. This is rather Bearish.
The closing price of $2.05 is hovering below all the SMA lines. This signify weakness and it may continue to go lower .
It has broken the lower TR and it not taking a breather before setting the next movement.
If $2.03 cannot hold then it may see further selling down pressure towards $1.965.
I think this could be a shorting candidate once $2.05 support has been broken down.
I think bargain hunter may come in to support around $1.95-$1.97.
Dyodd .
(trade base on your own decision)
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