BreadTalk - 27th July 2017
BreadTalk had a very nice white thrust bar appeared on the Chart today which is rather bullish.
Although the volume bar is not that high. We would prefer to see a higher volume that will be augur well for the stock price to trend higher.
Short term wise, I think it may likely pull back.
If it is able to re-conquer the recent high of 1.73 then we may see it rises higher towards 1.80 then 1.90 .
( 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!)
Thursday, July 27, 2017
DBS
DBS - 27th July 2017
DBS has a very nice uptrend move today and managed to conquer the previous high of 21.95 and close well at 22.25. Couple with high volume , this is rather bullish.
Similar patterns are also being happened for Ocbc & Uob. Bank counters are driving the STI higher and higher.
Same goes for property counters.
Short term wise, i think DBS like to test 23 dollars then 23.50 with extensiton to 24.00.
( trade base on your own decision)
DBS has a very nice uptrend move today and managed to conquer the previous high of 21.95 and close well at 22.25. Couple with high volume , this is rather bullish.
Similar patterns are also being happened for Ocbc & Uob. Bank counters are driving the STI higher and higher.
Same goes for property counters.
Short term wise, i think DBS like to test 23 dollars then 23.50 with extensiton to 24.00.
( trade base on your own decision)
Sunday, July 23, 2017
Ocbc
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)
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)
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)
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