If you are ultra penny counter lovers, perhaps you may want to monitor this counter!
TA wise, looks bullish!
After touching the low of 8.6 cents, it has managed to stage a strong recovery and rises higher to touch 12.5 cents, looks rather positive.
Short term wise, I think it may likely move up to re-attemp 12.5 cents.
Breaking out of this level + good volume that may drive the price higher towards 15 cents with extension to 17.5 cents.
Do take note that this is ultra penny counter and is always good to be extra cautious!
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!)
Sunday, October 6, 2019
Friday, October 4, 2019
Ocbc Bank
Chart wise, looks bearish!
It has broken down the recent low of 10.70 and close lower at 10.62 , looks rather weak and may see it goes further down to retest 10.50 & 10.45 level again.
Short term wise, I think if 10.45 level is not able to hold up well, then we may see the price sliding further down towards 10.00 then 9.50 with extension to 9.00.
With US market expecting another rate cut in the coming month, bank share price may get beaten down again.
STI is on a Bear mode/downtrend direction. I think is good o be cautious!
Not a call to buy or sell.
Pls dyodd.
It has broken down the recent low of 10.70 and close lower at 10.62 , looks rather weak and may see it goes further down to retest 10.50 & 10.45 level again.
Short term wise, I think if 10.45 level is not able to hold up well, then we may see the price sliding further down towards 10.00 then 9.50 with extension to 9.00.
With US market expecting another rate cut in the coming month, bank share price may get beaten down again.
STI is on a Bear mode/downtrend direction. I think is good o be cautious!
Not a call to buy or sell.
Pls dyodd.
G Invacom
Nice uptrend chart patterns, looks like it may continue to trend higher!
Short term wise,likely to retest 15.7 cents . Breaking out of this level with good volume that may drive the price higher towards 16 then 17 with extension to 20 cents .
Not a call to buy or sell.
Pls dyodd.
19th September 2019
It has indeed broken down 24.63 level and close lower at 24.55, looks rather bearish!
Likely to go further down to retest 24.02/24.00. Failure to hold at this level would likely see the price sliding down further towards 23.50 then 23.00.
Pls dyodd.
30th September 2019
Chart wise, looks bearish!
The past 2 days were merely a throw back reaction when a stocks counter was on a downtrend direction.
I think likely to go down to retest $24.63 again!
Breaking down it will likely revisit 24.30 then 24.00 and below.
The volume for past 2 days wasn't high at all.
Not a call to buy or sell.
Pls dyodd.
21th September 2019
Chart wise, looks bearish!
We had a mild throw-back reaction on last Friday after touching the low of $24.97 and close slightly higher at $25.15. The volume is also not high.
Short term wise, I think it may go down to retest $24.97 again!
Breaking down of $24.97 with high volume that may see further selling pressure for the price to slide further down to $24.50 then $24.00 with extension to $23.50 level.
With Market sentiment is not so rosy + US just cut interest rate of 0.25% again, the economy is not doing well. I think is good to be cautious!
Not a call to buy or sell.
Pls dyodd.
Short term wise,likely to retest 15.7 cents . Breaking out of this level with good volume that may drive the price higher towards 16 then 17 with extension to 20 cents .
Not a call to buy or sell.
Pls dyodd.
19th September 2019
It has indeed broken down 24.63 level and close lower at 24.55, looks rather bearish!
Likely to go further down to retest 24.02/24.00. Failure to hold at this level would likely see the price sliding down further towards 23.50 then 23.00.
Pls dyodd.
30th September 2019
Chart wise, looks bearish!
The past 2 days were merely a throw back reaction when a stocks counter was on a downtrend direction.
I think likely to go down to retest $24.63 again!
Breaking down it will likely revisit 24.30 then 24.00 and below.
The volume for past 2 days wasn't high at all.
Not a call to buy or sell.
Pls dyodd.
21th September 2019
Chart wise, looks bearish!
We had a mild throw-back reaction on last Friday after touching the low of $24.97 and close slightly higher at $25.15. The volume is also not high.
Short term wise, I think it may go down to retest $24.97 again!
Breaking down of $24.97 with high volume that may see further selling pressure for the price to slide further down to $24.50 then $24.00 with extension to $23.50 level.
With Market sentiment is not so rosy + US just cut interest rate of 0.25% again, the economy is not doing well. I think is good to be cautious!
Not a call to buy or sell.
Pls dyodd.
DBS
It has indeed broken down 24.63 level and close lower at 24.55, looks rather bearish!
Likely to go further down to retest 24.02/24.00. Failure to hold at this level would likely see the price sliding down further towards 23.50 then 23.00.
Pls dyodd.
30th September 2019
Chart wise, looks bearish!
The past 2 days were merely a throw back reaction when a stocks counter was on a downtrend direction.
I think likely to go down to retest $24.63 again!
Breaking down it will likely revisit 24.30 then 24.00 and below.
The volume for past 2 days wasn't high at all.
Not a call to buy or sell.
Pls dyodd.
21th September 2019
Chart wise, looks bearish!
We had a mild throw-back reaction on last Friday after touching the low of $24.97 and close slightly higher at $25.15. The volume is also not high.
Short term wise, I think it may go down to retest $24.97 again!
Breaking down of $24.97 with high volume that may see further selling pressure for the price to slide further down to $24.50 then $24.00 with extension to $23.50 level.
With Market sentiment is not so rosy + US just cut interest rate of 0.25% again, the economy is not doing well. I think is good to be cautious!
Not a call to buy or sell.
Pls dyodd.
Likely to go further down to retest 24.02/24.00. Failure to hold at this level would likely see the price sliding down further towards 23.50 then 23.00.
Pls dyodd.
30th September 2019
Chart wise, looks bearish!
The past 2 days were merely a throw back reaction when a stocks counter was on a downtrend direction.
I think likely to go down to retest $24.63 again!
Breaking down it will likely revisit 24.30 then 24.00 and below.
The volume for past 2 days wasn't high at all.
Not a call to buy or sell.
Pls dyodd.
21th September 2019
Chart wise, looks bearish!
We had a mild throw-back reaction on last Friday after touching the low of $24.97 and close slightly higher at $25.15. The volume is also not high.
Short term wise, I think it may go down to retest $24.97 again!
Breaking down of $24.97 with high volume that may see further selling pressure for the price to slide further down to $24.50 then $24.00 with extension to $23.50 level.
With Market sentiment is not so rosy + US just cut interest rate of 0.25% again, the economy is not doing well. I think is good to be cautious!
Not a call to buy or sell.
Pls dyodd.
Thursday, October 3, 2019
Mapletree Ind Tr
Chart wise,looks bullish!
Likely to continue to trend higher!
Esp with market expecting another interest rate cut coming soon!
Dow over night reversing from -333 to close positive at +122.
This may bring cheers to drive the price higher!
Pls dyodd.
27th September 2019
Chart wise, looks bullish!
With the recent announcement of acquiring the 13 Data Centres from North America from Digital Realty looks like this counter is fast becoming an alternative data-centre play.
DPU accretion of up to 3.5% that may see it current DPU of 12.4 cents increase to 12.83 cents.
Yield is about 5.3% at current price of 2.42.
I think fair value is about 2.56 level.
Short term wise, I think it may likely retrace a little bit towards the lower Trend Line and then bounce off to rise up again to retest 2.56 and above.
Not a call to buy or sell.
Pls dyodd.
Likely to continue to trend higher!
Esp with market expecting another interest rate cut coming soon!
Dow over night reversing from -333 to close positive at +122.
This may bring cheers to drive the price higher!
Pls dyodd.
27th September 2019
Chart wise, looks bullish!
With the recent announcement of acquiring the 13 Data Centres from North America from Digital Realty looks like this counter is fast becoming an alternative data-centre play.
DPU accretion of up to 3.5% that may see it current DPU of 12.4 cents increase to 12.83 cents.
Yield is about 5.3% at current price of 2.42.
I think fair value is about 2.56 level.
Short term wise, I think it may likely retrace a little bit towards the lower Trend Line and then bounce off to rise up again to retest 2.56 and above.
Not a call to buy or sell.
Pls dyodd.
Wednesday, October 2, 2019
STI ETF
STI is heading back to 3.10 level,looks interesting!
Not a call to buy or sell.
Pls dyodd.
6th Aug 2019
Opportunity is here for those who dare to take action at the right moment!
Looks like it may rise further to retest 3.20 level and then 3.25 with extension to 3.30 level.
Pls dyodd.
17 August 2019
I think is about good time to take a look at this counter that is yielding 3.7+%. Much better than bank interest or certain corporate bond interest.
Chart wise, looks oversold!
But oversold can become oversold for a certain time frame.
I think is a no brainer strategy to apply DCA model on this counter.
Overtime, you will be able to get a nice average price X quantity.
Not a call to buy or sell.
Pls dyodd.
6th August 2019
Looks like opportunity is back again to take a look at this counter!
Seems oversold and RSI is staying below 20..
6th Jan 2019
Not a call to buy or sell.
Pls dyodd.
6th Aug 2019
Opportunity is here for those who dare to take action at the right moment!
Looks like it may rise further to retest 3.20 level and then 3.25 with extension to 3.30 level.
Pls dyodd.
17 August 2019
I think is about good time to take a look at this counter that is yielding 3.7+%. Much better than bank interest or certain corporate bond interest.
Chart wise, looks oversold!
But oversold can become oversold for a certain time frame.
I think is a no brainer strategy to apply DCA model on this counter.
Overtime, you will be able to get a nice average price X quantity.
Not a call to buy or sell.
Pls dyodd.
6th August 2019
Looks like opportunity is back again to take a look at this counter!
Seems oversold and RSI is staying below 20..
6th Jan 2019
The price is getting interesting now!
Looks like 3100 might be a good entry opportunity for me!
Not a call to buy or sell.
Pls dyodd.
30th May 2019
I think is almost good time to revisit this STI ETF as can be seen from the chart, RSI has driven into oversold territory that is below 20.
PE is about 11.14x which is still undervalue as the historical average PE is about 15x.
Dividend yield of about 3+%.
When is the Best time to lock in profit is when the RSI is over 70 and the PE is more than 20.
Not a call to buy or sell.
Pls dyodd.
I think good investing does not require too many fanciful ideas and strategies. Just one simple no-brainer strategy that can work effectively through time and allow us to sit back and relax to enjoyr the reward of the investment that is working effortlessly to achieve our investment goal of getting 8-10% gain( passive income).
This simple strategy is to invest in a low cost ETF( Exchange Traded Fund) such as the STI ETF (ES3.SI) or NIKKO AM STI ETF(G3B.SI)
This method of operation is to buy into STI ETF whenever it is in an oversold condition
and to sell off and take profits whenever it is in an overbought condition.
For example, one may use the indicator such as the Relative Strength Index (RSI) to determine overbought ( above 70 ) or oversold condition( below 30).
One may plan to buy and selling of units in several batches whenever in oversold or overbought conditions in order to get the best average price.
For example you may plan to buy in at different interval or whenever the Oversold situation happen .
In any one year, there will be three to four such window opportunities of overbought or oversold conditions to operate by buying or selling units of the ETF. At the same time, we can also kept some units always to receive dividend income and for their long term growth in price appreciation.
With discipline and patience , one should be able to get good average returns per year in excess of certain % by this one simple strategy of investing in one single ETF .I think This simple one strategy is safe and allow one to sleep soundly at night without worry of negative news affecting individual stocks in one's portfolio which could crash the share price of the particular stock the next day. This is because even if one or two of the component stocks in STI ETF of blue chips should collapse in share prices, there will be 28 others to diversify away the risk of the entire portfolio collapsing at anytime.
As for younger folks who just started out working and does not have enough cashflows and savings , one may start to spread out the different batch of buying or applying the Dollar-cost-averaging method by investing $1000 at 6-8 different batches that would be able to achieve lower average costs per unit.
the example are as follows:-
1. When the index price is $2.00, your $1000 will be able to buy 500 shares.
2. When the index price is $2.50, your $1000 will be able to buy 400 shares
3. When the index price is $2.90, your $1000 will be able to buy 344 shares
4. When the index price is $1.66, your $1000 will be able to buy 625 shares
5. When the index price is $3.00, your $1000 will be able to buy 333 shares
6. When the index price is $3.20, your $1000 will be able to buy 312 shares
7. When the index price is $3.50, your $1000 will be able to buy 285 shares
Total = $7000 / 2799 shares = $ 2.50 average cost per unit.
By using this method, you will be able to make a profit once the stock market rises above this low average price.
RSP :
Just sharing.
Not a call to buy or sell.
Please do your own due diligence.
PE is about 11.14x which is still undervalue as the historical average PE is about 15x.
Dividend yield of about 3+%.
When is the Best time to lock in profit is when the RSI is over 70 and the PE is more than 20.
Not a call to buy or sell.
Pls dyodd.
I think good investing does not require too many fanciful ideas and strategies. Just one simple no-brainer strategy that can work effectively through time and allow us to sit back and relax to enjoyr the reward of the investment that is working effortlessly to achieve our investment goal of getting 8-10% gain( passive income).
This simple strategy is to invest in a low cost ETF( Exchange Traded Fund) such as the STI ETF (ES3.SI) or NIKKO AM STI ETF(G3B.SI)
This method of operation is to buy into STI ETF whenever it is in an oversold condition
and to sell off and take profits whenever it is in an overbought condition.
For example, one may use the indicator such as the Relative Strength Index (RSI) to determine overbought ( above 70 ) or oversold condition( below 30).
One may plan to buy and selling of units in several batches whenever in oversold or overbought conditions in order to get the best average price.
For example you may plan to buy in at different interval or whenever the Oversold situation happen .
In any one year, there will be three to four such window opportunities of overbought or oversold conditions to operate by buying or selling units of the ETF. At the same time, we can also kept some units always to receive dividend income and for their long term growth in price appreciation.
With discipline and patience , one should be able to get good average returns per year in excess of certain % by this one simple strategy of investing in one single ETF .I think This simple one strategy is safe and allow one to sleep soundly at night without worry of negative news affecting individual stocks in one's portfolio which could crash the share price of the particular stock the next day. This is because even if one or two of the component stocks in STI ETF of blue chips should collapse in share prices, there will be 28 others to diversify away the risk of the entire portfolio collapsing at anytime.
As for younger folks who just started out working and does not have enough cashflows and savings , one may start to spread out the different batch of buying or applying the Dollar-cost-averaging method by investing $1000 at 6-8 different batches that would be able to achieve lower average costs per unit.
the example are as follows:-
1. When the index price is $2.00, your $1000 will be able to buy 500 shares.
2. When the index price is $2.50, your $1000 will be able to buy 400 shares
3. When the index price is $2.90, your $1000 will be able to buy 344 shares
4. When the index price is $1.66, your $1000 will be able to buy 625 shares
5. When the index price is $3.00, your $1000 will be able to buy 333 shares
6. When the index price is $3.20, your $1000 will be able to buy 312 shares
7. When the index price is $3.50, your $1000 will be able to buy 285 shares
Total = $7000 / 2799 shares = $ 2.50 average cost per unit.
By using this method, you will be able to make a profit once the stock market rises above this low average price.
RSP :
Just sharing.
Not a call to buy or sell.
Please do your own due diligence.
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