Short term wise, I think it may likely re-attempt 72 cents. Breaking out with ease plus good volume that may drive the price higher towards 75 then 78 - 80 cents.
Not a call to buy or sell.
Pls dyodd.
Sunday, June 30, 2019
HRnet
Chart wise, looks pretty healthy as it has managed to bounce-off from the low of 67 cents and rises higher to touch 72 cents, looks rather positive!
Short term wise, I think it may likely re-attempt 72 cents. Breaking out with ease plus good volume that may drive the price higher towards 75 then 78 - 80 cents.
Not a call to buy or sell.
Pls dyodd.
Short term wise, I think it may likely re-attempt 72 cents. Breaking out with ease plus good volume that may drive the price higher towards 75 then 78 - 80 cents.
Not a call to buy or sell.
Pls dyodd.
Saturday, June 29, 2019
Ascendas Reit
It is now trading at a super premium price level.
Looks pretty overpriced and trading at a Peak level.
NAV 2.13
DPU of 16 cents.
dividend yield of 5.12%
The current price of 3.12 is trading at Price per book value of 1.46x.
Short term wise, I think it may move up to retest the all-time-high of 3.18 and may likely go through a correction and bring the price lower towards 2.50 level and below.
Not a call to buy or sell.
Pls dyodd.
Looks pretty overpriced and trading at a Peak level.
NAV 2.13
DPU of 16 cents.
dividend yield of 5.12%
The current price of 3.12 is trading at Price per book value of 1.46x.
Short term wise, I think it may move up to retest the all-time-high of 3.18 and may likely go through a correction and bring the price lower towards 2.50 level and below.
Not a call to buy or sell.
Pls dyodd.
Genting Singapore
TA wise, looks bullish!
It has managed to bounce-off from the low of 85.5 cents and rises higher to touch 93.5 , looks rather positive!
The current price is staying above its SMA lines plus MACD is still rising up nicely, likely to continue to trend higher!
Short term wise, I think likely to retest 93.5 cents. Crossing over with ease plus good volume that may propel to drive the price higher towards 1.00 then 1.05 with extension to 1.08.
Not a call to buy or sell.
Pls dyodd.
It has managed to bounce-off from the low of 85.5 cents and rises higher to touch 93.5 , looks rather positive!
The current price is staying above its SMA lines plus MACD is still rising up nicely, likely to continue to trend higher!
Short term wise, I think likely to retest 93.5 cents. Crossing over with ease plus good volume that may propel to drive the price higher towards 1.00 then 1.05 with extension to 1.08.
Not a call to buy or sell.
Pls dyodd.
Friday, June 28, 2019
Trading & Investing idea
I happen to see these comments appearing on one of the forum and I think is a good way to share!
Quote:
The ability to LOON until the stock makes its U-Turn and come back up to erase all your paper loss is closely intertwined with
the size of your reserve army. The bigger your reserve army, the stronger your ability to LOON. And the size of your reserve
army is in turn tied to whether you did overtrade.
When you trade with a cash account, once you have used up all your capital, you stop buying. You pay for your shares and sit
out the rest of the downturn and patiently wait for the stock to find its bottom, U-Turn, and come back up to your entry price.
That' s if you stop buying. But if you didnt stop buying...you continued to do contra trades after you ran out of capital, that' s
overtrading. If the stock does not find its bottom and U-Turn within the contra period, you will have to cut and take the loss.
When you trade with a CFD account, observe your one-third rule. Use the 1st one-third of your capital to open positions. Open
wisely based on best prices under best conditions, not carelessly buy thinking that you still have two-thirds of your army. Treat
your troops with respect. Treat them like they are your brothers. You wont risk your brothers' lives and send them on a suicide
mission, will you? Ofcoz not. So when you start buying with your 1st one-third of your army, buy under best prices and best
conditions using your indicators and doing the best you can. If wrong and your 1st one-third is stuck, you can do nothing and
watch first. Wait for the selling to stop. Then use your 2nd one-third of your troops to nibble slowly to average down (or average
up if you are SHORTing). Bear in mind that your 2nd one-third of your troops has another function --- to pay com and daily interest
plus to buffer paper loss for your stuck positions.
You should never touch your last one-third to average down (or up) when the market is still falling. You need that last one-third to
give you that security blanket and confidence to weather out any further downside. It is this last one-third of your reserve army which
enables you to sleep well each night and get on with your life. When the U-Turn comes, you can either do nothing and let the rising
tide erase your paper loss first. When enough troops are converted from paper loss to Avaliable To Deal, you can use those converted
troops to add more positions. Or if you are aggressive, you can use some of your last one-third of reserve troops to add more positions
to ride on the recovery. How much of the last one-third reserve troops you can use --- there is no hard and fast rule. The more aggressive
and more risk-seeking you are, the more you can use. The more conservative and more risk-averse you are, the lesser you can use. Or
even not use at all. It all depends on your trading experience, your trading philosophy, your appetite for risk and your hunger for adventure.
With that, I leave you with these quotations....
" A pessimist sees risks in times of certainty.
An optimist sees opportunities in times of uncertainty."
" Be fearful when others are greedy.
Be greedy when others are fearful."
" The best time to buy stocks is when there is blood-letting on the streets, even if it is your own blood."
" When the enemy presents you with an opening, move in and penetrate immediately."
Below is my comments: It only apply to Blue chips and the company fundamental is still ok. Cannot use it to apply any other counters and esp penny and ultra penny counter . Sometimes we didn't see them recover. So pls trade within your own financial means ! Do not borrow or on high margin to play stock .I think You may get into serious trouble .. trade with extra cautious!
Quote:
The ability to LOON until the stock makes its U-Turn and come back up to erase all your paper loss is closely intertwined with
the size of your reserve army. The bigger your reserve army, the stronger your ability to LOON. And the size of your reserve
army is in turn tied to whether you did overtrade.
When you trade with a cash account, once you have used up all your capital, you stop buying. You pay for your shares and sit
out the rest of the downturn and patiently wait for the stock to find its bottom, U-Turn, and come back up to your entry price.
That' s if you stop buying. But if you didnt stop buying...you continued to do contra trades after you ran out of capital, that' s
overtrading. If the stock does not find its bottom and U-Turn within the contra period, you will have to cut and take the loss.
When you trade with a CFD account, observe your one-third rule. Use the 1st one-third of your capital to open positions. Open
wisely based on best prices under best conditions, not carelessly buy thinking that you still have two-thirds of your army. Treat
your troops with respect. Treat them like they are your brothers. You wont risk your brothers' lives and send them on a suicide
mission, will you? Ofcoz not. So when you start buying with your 1st one-third of your army, buy under best prices and best
conditions using your indicators and doing the best you can. If wrong and your 1st one-third is stuck, you can do nothing and
watch first. Wait for the selling to stop. Then use your 2nd one-third of your troops to nibble slowly to average down (or average
up if you are SHORTing). Bear in mind that your 2nd one-third of your troops has another function --- to pay com and daily interest
plus to buffer paper loss for your stuck positions.
You should never touch your last one-third to average down (or up) when the market is still falling. You need that last one-third to
give you that security blanket and confidence to weather out any further downside. It is this last one-third of your reserve army which
enables you to sleep well each night and get on with your life. When the U-Turn comes, you can either do nothing and let the rising
tide erase your paper loss first. When enough troops are converted from paper loss to Avaliable To Deal, you can use those converted
troops to add more positions. Or if you are aggressive, you can use some of your last one-third of reserve troops to add more positions
to ride on the recovery. How much of the last one-third reserve troops you can use --- there is no hard and fast rule. The more aggressive
and more risk-seeking you are, the more you can use. The more conservative and more risk-averse you are, the lesser you can use. Or
even not use at all. It all depends on your trading experience, your trading philosophy, your appetite for risk and your hunger for adventure.
With that, I leave you with these quotations....
" A pessimist sees risks in times of certainty.
An optimist sees opportunities in times of uncertainty."
" Be fearful when others are greedy.
Be greedy when others are fearful."
" The best time to buy stocks is when there is blood-letting on the streets, even if it is your own blood."
" When the enemy presents you with an opening, move in and penetrate immediately."
Below is my comments: It only apply to Blue chips and the company fundamental is still ok. Cannot use it to apply any other counters and esp penny and ultra penny counter . Sometimes we didn't see them recover. So pls trade within your own financial means ! Do not borrow or on high margin to play stock .I think You may get into serious trouble .. trade with extra cautious!
Thursday, June 27, 2019
Keppel Corp
Chart wise, looks Bullish!
After touching the low of 5.95, it has managed to stage a nice recovery and rises higher to close well at 6.67 , looks rather positive!
Short term wise, I think it may rise higher to retest 6.80 then 6.96 level.
Not a call to buy or sell.
Pls dyodd.
After touching the low of 5.95, it has managed to stage a nice recovery and rises higher to close well at 6.67 , looks rather positive!
Short term wise, I think it may rise higher to retest 6.80 then 6.96 level.
Not a call to buy or sell.
Pls dyodd.
Sembcorp Ind
Chart wise, seems to have bounced off from the lower trend line of 2.39 and rises higher to touch 2.44, looks Bullish!
Short term wise, I think it may move up to retest 2.50 then 2.53.
Not a call to buy or sell.
Pls dyodd.
Short term wise, I think it may move up to retest 2.50 then 2.53.
Not a call to buy or sell.
Pls dyodd.
Subscribe to:
Posts (Atom)