Thursday, March 30, 2017

METRO

METRO - 30th Mar 2017

Metro had a very impressive running up today and hit the all time high of $1.195. Couple with high volume this is rather positive.


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


NAV $1.63.
EPS 0.137
PE 8.7x

Short term wise, I think it may likely continue to move up to test $1.20 then $1.25 with extension to $1.30 and above.
( trade base on your own decision)


Friday, March 24, 2017

China Sunsine

China Sunsine = 24th Mar 2017

China Sunsine after touching the low of 51 cents on 18th Jan 2017, it had manged to stage a strong rebound and head higher to touch 64 cents on 23rd Mar 2017. This is rather positive.


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

Short term wise , I think it may make another attempt to re-test the recent high of 64 cents. Crossing over 64 cents with ease that may propel to drive the share price higher towards 70 cents then 75 with extension to 80 cents.
( trade base on your own decision)

Hi-P International

Hi-P International - 24th Mar 2017

Hi-P International after hitting the low of 47 cents on 20th Jan 2017, it has since stage a strong recovery and head higher to touch 70 cents on 23rd Mar 2017. Couple with high volume this is generally quite positive.


Today it had a wide bearish candlestick and closed lower at 66 cents. This may not bode well for the share price going forward.

Short term wise, I think it may likely consolidate  before setting for the next direction.
It might be a good idea to lock in profit at this particular point of time.

( trade base on your own decision)

Friday, March 17, 2017

Serial System

Serial System - 18th Mar 2017

Serial System has been in a neutral zone for the past 9 months ( June 2016 to Mar 2017) fluctuating within the price range of 13 to 14 cents.


The recent buying activities has been increasing picked up with high volume is mainly attributed to the buying up of share by one of the major share holder.
The buying back started since 10th Mar 2017 with various prices from 14.9 to 16.6 cents.
You may refer to sgx announcement about the share buying back statement.

From TA point of view, it has now crossing over this neutral zone and is gaining strength to trend upwards. This is generally quite bullish.

Last Friday it had a nice follow-through white thrust bar and went up to touch 16.8 cents and closed well at 16.7 cents. Couple with high volume this is generally quite positive.

The immediate resistance is at 16.9/17 cents. Breaking out of 17 cents with ease will be positive to drive the share price higher towards 19.9 cents /20.5 cents.
( trade base on your own decision)

Thursday, March 16, 2017

PEC

PEC - 16th Mar 2017

PEC after touching the low of 55 cent on 9th Fe 2017, it has since stage a nice rebound and head higher to touch 73 cents on 16th Mar 2017, this is rather positive.



Both the Macd & Rsi are still rising which may provide further indication that the share price may continue to head higher/

The nice breaking out was triggered on 15th Mar 2017 and closed well. Couple with high volume this is generally healthy/bullish.

Short term wise, I think it may like continue to retest the recent high of 73 cents. Crossing over of 73 cents with ease that may propel to drive the share price higher toward 76.5 cents then 80 cents with extension to 90 cents.
( trade base on your own decision)

Thursday, March 9, 2017

Cityneon

Cityneon - 9th March 2017

Cityneon after hitting the high of $0.995 on 27th Jan 2017, it has since retreated and head lower to test 77 cents on 1st Mar 2017. This is rather bearish.


The current price of 79.5 cents is hovering below the SMA lines which is generally quite negative.

Both Macd & Rsi are still trending lower and may likely provide indication that the share price may continue to trend lower.

Short term wise, I think if 77 cents has been broken down then it might go down to test 74 then 70 cents with extension to 60 cents.

(trade base on your own decision)