Tuesday, June 7, 2016

Vard

Vard - 7th June 2016

Vard after hitting the low of 15.1 cents on 10th May 2016 it had managed to trend higher to close high at 18.9 cents today. This is quite positive.


Looks like a reversal trend is happening and the price may likely continue to cross over 19 cents and then head higher towards 20.5 cents.

Both Macd & Rsi are showing sign of a positive divergence that may provide further indication that the share price may continue to trend higher.

Breaking out of 20.5 cents with good volume that may propel to drive the share price higher towards 23.5 cents.
(trade base on your own decision)

Monday, June 6, 2016

M1

M1 - 6th June 2016

M1 after touching the low of 2.32 on 20th May 2016 it had managed to trend higher to touch 2.51 on 6th June 2016. This is quite positive.


Today it had a very nice run-away gap up and closed well at 2.50 couple with high volume and cleared the overhead resistance at 2.48. A significant break-out which in my view is very positive/bullish.

Both Macd & Rsi are also rising which may provide further indication that the share price may continue to trend higher.

Short term wise it may continue to trend higher towards 2.60 then 2.64 with extension to 2.71.
(trade base on your own decision)

Sunday, June 5, 2016

SIA Engineering

SIA Engineering after hitting the low of 3.31 on 28th Jan 2016 it had since managed to stage a strong recovery and trend higher to touch 3.88 on 2nd June 2016. This is rather bullish.



It had managed to breakout the recent high of 3.84 which was being attained on 28th April 2016 this signify that the driving force is gearing towards further upwards momentum that may likely see the share price continue to trend higher.

Both Macd & Rsi are still rising which may provide further indication that the share price may head higher to re-test 3.90 soon.

Breaking out of 3.90 with good volume that may propel to drive the share price higher towards 4.00 and above.
(trade base on your own decision)



Friday, June 3, 2016

Jumbo

Jumbo - 4th June 2016

It seems that a shooting star is surfacing from TA point of view.
The shooting star is made up of one candlestick (white or black) with a small body, long upper shadow and small or nonexistent lower shadow.

The shooting star position is formed when there is a gap away from the previous candlestick.
To me this is a Uptrend reversal signal.
Looks like it may turn lower if the next one or two trading session is showing further indication of a downwards price confirmation.

Short term wise looks like it may go down to test 55.5 cents then 52.5 cents.
(trade base on your own decision)



Sino Grandness

Sino Grandness - 3rd June 2016

This champion had a very nice broken out of  73 cents on 2nd June 2016 and closed high at 76 cents .
The volume is unusually high. In my view this is super bullish.


Both Macd & Rsi are still rising and this may provide further indication that the share price may continue to trend higher.

Short term wise it may continue to move up to re-visit 77 cents. Crossing over of 77 cents with good volume that may propel to drive the share price higher towards 80 cents then 90 cents with extension to $1.00.
(trade base on your own decision)



Acromec

Acromec - 3rd June 2016

This IPO stock had a very impressive run after hitting the low of 39 cents on 16th May 2016 it had since managed to trend higher to touch 54.5 cents on 3rd June 2016.
The volume is quite high and this is generally rather positive.



Another positive point is that it was able to cross over the recent high of 52 cents that was being attained on 11th May 2016. This is a good confirmation that the share price may continue to trend higher.

Also both Macd & Rsi are still rising that may further strengthen this indication for a further rise towards 60 cents then 65 cents with extension to 70 cents.
(trade base on your own decision)