TA wise, looks rather bearish!
It has broken down the recent low support at about 3053 on 18th Dec 2018 and continue to trend lower to touch 3023 on 24th Dec before Bull take control and manage to close slight highly at 3051.
The volume seem low which may not seem so healthy!
One consolation is that RSI is generally showing a Bullish divergence. Let's hope it can move up to retest 3061 which is the immediate Resistance .
The overall picture is still gearing towards downtrend.
let hope the recent low of 3023 can hold up well and hopefully manage to pierce through 3061 and head higher towards 3100 level.
Not a call to buy or sell.
Pls dyodd.
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!)
Monday, December 24, 2018
Frasers L&I Tr
TA wise, looks rather bearish!
It has again retested 1.02, with RSI trending lower and price is staying below its SMA lines, looks like high chance it may breakdown 1.02 and trend lower to 1.00 then 98 with extension to 94 cents.
NAV of 0.94
Yield is about 6.9% base on 1.02.
P/B is 1.085x
I am waiting for the price to go below 1.00 and trading nearest to its NAV of 94 cents that would be nice opportunity for me to consider to accumulate some.
Not a call to buy or sell.
Pls dyodd.
Trade/invest base on your own decision
Distribution Policy FLT will distribute at least 90.0% of its Distributable Income. Distributions will be made on a semi-annual basis for the six-month periods ending 31 March and 30 September. The actual level of distributions above 90% is to be determined at the REIT Manager’s discretion. Unitholders have the option to elect to receive distributions in Singapore dollars or Australian dollars.
It has again retested 1.02, with RSI trending lower and price is staying below its SMA lines, looks like high chance it may breakdown 1.02 and trend lower to 1.00 then 98 with extension to 94 cents.
NAV of 0.94
Yield is about 6.9% base on 1.02.
P/B is 1.085x
I am waiting for the price to go below 1.00 and trading nearest to its NAV of 94 cents that would be nice opportunity for me to consider to accumulate some.
Not a call to buy or sell.
Pls dyodd.
Trade/invest base on your own decision
Distribution Policy FLT will distribute at least 90.0% of its Distributable Income. Distributions will be made on a semi-annual basis for the six-month periods ending 31 March and 30 September. The actual level of distributions above 90% is to be determined at the REIT Manager’s discretion. Unitholders have the option to elect to receive distributions in Singapore dollars or Australian dollars.
Sunday, December 23, 2018
Position Sizing - What is the max quantity to buy
Position Sizing - it plays an important role of protecting the trader for being over exposed to a particular trade by minimizing the risk .
The percentage (%) of risk can be measure in terms of 1-5 or 6-10 % that you can afford to loss for each trade.
How to work out the maximum quantity for each trade that depends of each an individual risk tolerance level.
For example, person A can only tolerate a loss of 3% for each trade.
Let's say he has $10000 as capital. 3% risk appetite.
The formula is roughly as follow:-
10000 x 3% ( risk per trade - 1-10%)
--------------------------------------------
Entry Price less Cut Loss price
= 300
--------------------------
$1.00(EP) - $0.95(SL)
300
= ------- = 6000 share.
0.05
Person A capital for his /her trade is 6000 x $1.00 = $6000
For example , person B risk appetite is 5%.
let's say he or she has $12000 as capital , 5% risk exposure.
The formula is roughly as follows:-
12000 x 5% (% risk per trade)
-------------------------------------
$1.10(EP) less $1.01(SL)
600
= ---------
0.09
= 6600 share.
Person B, he/she capital for this trade would be 6600 x $1.10 = $7260
The above example is meant for educational illustration and is not an advice or recommendation for any particular stock trading.
Pls dyodd.
The percentage (%) of risk can be measure in terms of 1-5 or 6-10 % that you can afford to loss for each trade.
How to work out the maximum quantity for each trade that depends of each an individual risk tolerance level.
For example, person A can only tolerate a loss of 3% for each trade.
Let's say he has $10000 as capital. 3% risk appetite.
The formula is roughly as follow:-
10000 x 3% ( risk per trade - 1-10%)
--------------------------------------------
Entry Price less Cut Loss price
= 300
--------------------------
$1.00(EP) - $0.95(SL)
300
= ------- = 6000 share.
0.05
Person A capital for his /her trade is 6000 x $1.00 = $6000
For example , person B risk appetite is 5%.
let's say he or she has $12000 as capital , 5% risk exposure.
The formula is roughly as follows:-
12000 x 5% (% risk per trade)
-------------------------------------
$1.10(EP) less $1.01(SL)
600
= ---------
0.09
= 6600 share.
Person B, he/she capital for this trade would be 6600 x $1.10 = $7260
The above example is meant for educational illustration and is not an advice or recommendation for any particular stock trading.
Pls dyodd.
Friday, December 21, 2018
Swing Trading & Position Trading
Swing Trading
Swing Trading are for those prefer to do a contra trade lasting for a short period of 1-6 days.
It can be applicable for both Long & Short trade.
The example is as follow:
1. To Long a Swing Trade using breaking out strategy. Trader would have scanned and done his or her homework at least one day in advance for the Swing trade to be confirmed by the Market.
Let say a particular counter A is having a nice uptrend mode chart patterns. And it is going to retest its Resistance level at $1.00. Once it has managed to walk through $1.00 smoothly + good volume & other indicators are also bullish, then a trade will be entered at either $1.00 or $1.01.
The Swing Trading plan is as follow:
EP 1.00
SL 0.95
TP 1.08-1.14
Position Trading
Position Trading may last for several weeks or several months .
A trader may use its initial fund to buy on 50% for this counter B.
A nice breaking out is happening. He or she entered at a specific price using 50% allocation of its fund for the initial purchase.
Subsequently, when the 2nd breaking out is happening, another 30% of its fund would be used to average Up the same counter again.
Finally, the last 20% is being deployed when the 3rd breaking out moment is happening.
The trader may choose to exit when the uptrend mode has been disrupted or weaken and he or she may choose to exit this trade.
Not a call to buy or sell.
The above examples are solely for educational or illustration. And is not meant for any recommendation/advice for any trading.
Pls dyodd.
Swing Trading are for those prefer to do a contra trade lasting for a short period of 1-6 days.
It can be applicable for both Long & Short trade.
The example is as follow:
1. To Long a Swing Trade using breaking out strategy. Trader would have scanned and done his or her homework at least one day in advance for the Swing trade to be confirmed by the Market.
Let say a particular counter A is having a nice uptrend mode chart patterns. And it is going to retest its Resistance level at $1.00. Once it has managed to walk through $1.00 smoothly + good volume & other indicators are also bullish, then a trade will be entered at either $1.00 or $1.01.
The Swing Trading plan is as follow:
EP 1.00
SL 0.95
TP 1.08-1.14
Position Trading
Position Trading may last for several weeks or several months .
A trader may use its initial fund to buy on 50% for this counter B.
A nice breaking out is happening. He or she entered at a specific price using 50% allocation of its fund for the initial purchase.
Subsequently, when the 2nd breaking out is happening, another 30% of its fund would be used to average Up the same counter again.
Finally, the last 20% is being deployed when the 3rd breaking out moment is happening.
The trader may choose to exit when the uptrend mode has been disrupted or weaken and he or she may choose to exit this trade.
Not a call to buy or sell.
The above examples are solely for educational or illustration. And is not meant for any recommendation/advice for any trading.
Pls dyodd.
Thursday, December 20, 2018
CityDev
Looks like it may breakdown 8.00 support level and head lower to revisit 7.80 level .
15th Dec 2018
Latest update
Chart wise, looks rather bearish!
Likely to head lower to retest 8.16 level. Breaking down of 8.16 may see it slide further down towards 7.80 level .
RSI is also showing sign of Bearish divergence, therefore, high chance it may continue to trend lower.
Not a call to buy or sell.
Pls dyodd.
21st Oct 2018
Don't Catch the Falling Knife!
From TA point of view, looks rather bearish.
We had witnessed the Gap Down on 6th July 2018 whereby the price has been fallen off from $11.39 to close at $9.40. Since then, it had continue to trend lower and went down to touch $8.10 on 12th Oct 2018. This is super bearish!
Looks like it may likely move down to retest the recent low of $8.10. Breaking down with high volume that may drive the price lower to challenge the support at $8.00. If $8.00 fall to hold then it may slide down to test $7.70 with extension to $7.30 level.
It might be good to wait for it to stabilize first before taking any further action to accumulate.
If it is able to stage a strong rebound and rises above $8.65 then we may likely see a reversal happening.
Not a call to buy or sell.
Pls dyodd.
15th Dec 2018
Latest update
Chart wise, looks rather bearish!
Likely to head lower to retest 8.16 level. Breaking down of 8.16 may see it slide further down towards 7.80 level .
RSI is also showing sign of Bearish divergence, therefore, high chance it may continue to trend lower.
Not a call to buy or sell.
Pls dyodd.
21st Oct 2018
Don't Catch the Falling Knife!
From TA point of view, looks rather bearish.
We had witnessed the Gap Down on 6th July 2018 whereby the price has been fallen off from $11.39 to close at $9.40. Since then, it had continue to trend lower and went down to touch $8.10 on 12th Oct 2018. This is super bearish!
Looks like it may likely move down to retest the recent low of $8.10. Breaking down with high volume that may drive the price lower to challenge the support at $8.00. If $8.00 fall to hold then it may slide down to test $7.70 with extension to $7.30 level.
It might be good to wait for it to stabilize first before taking any further action to accumulate.
If it is able to stage a strong rebound and rises above $8.65 then we may likely see a reversal happening.
Not a call to buy or sell.
Pls dyodd.
SingPost
Today it has again close lower at 89.5 cents below the 90 cents psychogical level .
Looks rather weak and it may likely continue to go down to test 85 and below .
15th Nov 2018
TA wise, looks super Bearish!
It is an obvious long term Downtrend chart patterns.
If 95 cents is not able to hold up well then next support would be at 92 .
I think strong support is at 92 cents. This may present an opportunity. Breaking down of 92, next could be heading down to 85 cents then 80 cents.
Not a call to buy or sell.
Pls dyodd.
NAV of 61 cents.
P/b of 1.57
Trailing EPS of 5.2 cents.
PE of 18.5x.
Dividend of 3.5 cents.
Yield of 3.6%
I think decent yield of 3+%. But not as good as compare to SingTel that is yielding 5.7% at $3.05.
Singapore Post Limited, together with its subsidiaries, provides postal, ecommerce logistics, and retail services in Singapore, the United States, can, and internationally. The company operates through four segments: Postal, Logistics, eCommerce, and Property. The Postal segment offers services for collecting, sorting, transporting, and distributing domestic and international mail, as well as sells philatelic products. Its international mail service includes handling of incoming and outgoing international mail. This segment also provides ePost hybrid mail services, which integrate electronic data communication with traditional mail; and agency services and financial services. The Logistics segment offers a range of logistics solutions, including freight, warehousing, domestic and international distribution, and delivery services. Its services include ecommerce logistics, warehousing, fulfilment and distribution, and other value-added services; and parcel delivery, freight forwarding, and self-storage solutions and management services. The eCommerce segment provides front-end ecommerce solutions. The Property segment provides commercial property rental services. The company is also involved in the online sale of luxury products; provision of management and consultancy services to related entities, as well as business mail solutions and distribution of mail, and global sale and marketing services. In addition, it provides electronic platform and recyclable lockers for merchandise distribution, as well as customs brokerage and freight forwarding services; and acts as a trading company and purchases organization for ocean freight services. Further, the company is involved in the courier activities other than national post activities; and provision of freight collections transshipments, logistics management, and aviation services. Singapore Post Limited was founded in 1819 and is headquartered in Singapore.
Looks rather weak and it may likely continue to go down to test 85 and below .
15th Nov 2018
TA wise, looks super Bearish!
It is an obvious long term Downtrend chart patterns.
If 95 cents is not able to hold up well then next support would be at 92 .
I think strong support is at 92 cents. This may present an opportunity. Breaking down of 92, next could be heading down to 85 cents then 80 cents.
Not a call to buy or sell.
Pls dyodd.
NAV of 61 cents.
P/b of 1.57
Trailing EPS of 5.2 cents.
PE of 18.5x.
Dividend of 3.5 cents.
Yield of 3.6%
I think decent yield of 3+%. But not as good as compare to SingTel that is yielding 5.7% at $3.05.
Singapore Post Limited, together with its subsidiaries, provides postal, ecommerce logistics, and retail services in Singapore, the United States, can, and internationally. The company operates through four segments: Postal, Logistics, eCommerce, and Property. The Postal segment offers services for collecting, sorting, transporting, and distributing domestic and international mail, as well as sells philatelic products. Its international mail service includes handling of incoming and outgoing international mail. This segment also provides ePost hybrid mail services, which integrate electronic data communication with traditional mail; and agency services and financial services. The Logistics segment offers a range of logistics solutions, including freight, warehousing, domestic and international distribution, and delivery services. Its services include ecommerce logistics, warehousing, fulfilment and distribution, and other value-added services; and parcel delivery, freight forwarding, and self-storage solutions and management services. The eCommerce segment provides front-end ecommerce solutions. The Property segment provides commercial property rental services. The company is also involved in the online sale of luxury products; provision of management and consultancy services to related entities, as well as business mail solutions and distribution of mail, and global sale and marketing services. In addition, it provides electronic platform and recyclable lockers for merchandise distribution, as well as customs brokerage and freight forwarding services; and acts as a trading company and purchases organization for ocean freight services. Further, the company is involved in the courier activities other than national post activities; and provision of freight collections transshipments, logistics management, and aviation services. Singapore Post Limited was founded in 1819 and is headquartered in Singapore.
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