Friday, June 9, 2017

Memtech

Memtech - 9th June 2017 Nice uptrend mode patterns! looks like Memtech may likely continue to trend higher. After hitting the high of 1.015 on 5th June 2017, it is not taking a short break. Short term wise, I think it may move up to re-test the recent high of $1.015 . Crossing over of $1.015 with ease + high volume , that may propel to drive the share price higher towards $1.05 with extension to $1.10 and above. ( trade base on your own decision)

HMI

HMI - 9th June 2017

The recent gapped up on 5th June 2017 and closed well at 70 cents , seems rather bullish.
Couple with high volume. Looks like it may continue to trend higher.


Likely to conquer the recent high of 70.5 cents and head higher towards 75 cents. Crossing over of 75 cents with ease + good volume, that may propel to drive the share price higher towards 80 then 85 cents.
( trade base on your own decision)

Saturday, June 3, 2017

SPH

SPH - 2nd June 2017

SPH after hitting the high of $3.50 on 27th April 2017, it has since gone into a bearish mode and continue to trend lower to touch 3.16 on 1st June 2017.

I think This overly beaten down counter could be due to the decreasing profit from their print media . The net profit has been drifting lower for the past few years.




Future dividend might also be cut/lower if the revenue continue to slight further.

From TA point of view, it has been driven into an oversold territories .
A technical rebound may happen soon.

Kindly take note that the M1 strategic review to divest their holdings of 13.3% if materialized investor may expect the company to declare a once-off special dividend.



Short term wise, I think it may likely move up to test 3.30. Crossing over of 3.30 with ease + good volume that may drive the share price higher towards 3.40  with extension to 3.46.

( Trade base on your own decision)


Thursday, June 1, 2017

UMS

UMS - 2nd June 2017

A Beautiful uptrend mode patterns.
Looking good for it to continue to trend higher after taking a short break.



Short term wise, I think it may likely move up to re-attempt the recent high of 1.27.
Crossing over with ease that may drive the share price higher towards 1.30 then 1.35 with extension to 1.40.
( trade base on your own decision)

Ellipsiz

Ellipsiz - 2nd June 2017

After hitting the low of 54.5 cents on 19th April 2017, it had since managed to stage a nice rebound and head higher to touch 69 cents on 30th May. This is rather bullish.



A nice uptrend mode patterns after going through a period of consolidation ..

We may likely see another leg up to take out the recent high of 69 cents.

Short term wise, I think it is positive and may likely re-test 69 cents.
Crossing over with ease would likely propel to drive the share price higher towards 75 cents then 80 cents with extension to 90 cents.
( trade base on your own decision)


Thursday, May 25, 2017

Memtech Intl

Memtech Intl - after hitting the low of 66.5 cents on 3rd April 2017, it had since manged to stage a strong rebound and head higher to touch 90 on 26th April 2017. Couple with super high volume this is rather bullish.



The current price of 87.5 cents is staying above the SMA lines which is rather positive.

Short term wise, I think it may likely move up to re-test the recent high of 90 cents.
Breaking out with good volume that may propel to drive the share price higher towards 95 then $1.00 with extension to $1.05.
( trade base on your own decision)