2~5 May 2017

Accordia Golf Trust
Duty Free Intl
Hanwell
Tai Sin Electric

24~28 Apr 2017

Weekly Stocks

1. Serrano

2. Imperium Crown

3. Tat Hong

4. Koh Bro

5. Koh Bro Eco

6. AsiaMedic (mixed even though chart looks good, saw seller keep topping up @ 87 near to closing)

7. Hi-P

good Trading all

Week 15 2017

1. Singapore E-Dev
2. Baker Tech
3. Q&M
4. HMI
5. Centurion
6. ETC Singapore (formerly Jade Technologies, then Cedar Strategic, now ETC Singapore)
I'm 50/50 on this, Price is @ an attractive level..
7. China Aviation Oil (enter long on retracement)
8. Genting Singapore
9. Sunmoonfood

Week 14 2017

Some counters I will be focusing on this week

1. China Aviation Oil
2. Sysma
3. Disa
4. Broadway
5. HMI
6. Accordia Golf
7. Cosco
8. Cordlife
9. Viking Offshore

There is this counter I have been observing for a couple of weeks, Accrelist. I have initially a scout on it @ 0.007... cash that I can afford to hold... there is accumulation going on... but have to wait for it to be in play... as usual, we need a story...

Good trading week ahead

Index Updates

Its been a while since my last posting, its not that i'm not trading the markets. Recently quite busy with my other stuff so not much time to blog

A quick updates on the indexes

Nikkei - Bearish. Short on retracements. I expect the range between 19300~19600 will be where bears will be piling on the shorts

HSI  - Overall trend is still up, but im only cautiously bullish

DAX - Easily the strongest among the 5 indexes I actively monitor. Price is near to all time high around 12370 levels dated back to April 2015. With the rest of the world indexes showing possible retracements, will be on the lookout for a fake break above the highs.

DJI - Bearish. The bearish engulfing bar on 21 March serves as a clue. Yes price is in the buyers zone currently so we might expect a rebound upwards to test for demand. However, buying over the past few sessions looks weak.... I'm expecting more downside

S&P500 - Bearish. This one is showing more fight than DJI. After the bearish engulfing bar on 21 March where price broke down the support levels around 2362, it has rebounded back this level now currently acting as resistance.

Strength Meter (Weak to Strong)

Nikkei > HSI > DJI > S&P 500 > DAX

AA

EP 41, SL 39, TP 44,46,49

MTOBEIMF

SATS

Forgot to include this in the blog,

SATS Short

EP 4.87, SL 5.05, TP 4.41

this trade will need patience

MTOEBIMF

Week 12 March 2017

Counters I will be looking at

1. Terratech, look for it to move towards 57 or even 64
2. Addvaluetech, counter is starting to move
3. Noble, flush on daily is positive, break 205 for entry
4. Boustead, EP 85, SL 825
5. Lorenzo,
6. GSS Energy, broke 179, seems to have legs to run to 200

DYODD

Abundance Int

Ep 70, SL 65, TP OTOT

Amplefield

Looking at this short for a couple of days and i decided to sell short today for this penny counter

EP 78, SL 81, TP OTOT

Countertrend punt

MTOBEIMF

Japfa

EP 0.815/82, SL 0.8, TP 84, 87~88, 915

Queuing now @ 815 --> Entered 82

MTOBEIMF

AddValueTech

EP 41, SL 39, TP 43, 48/49, 54

MTOBEIOF

SunMoonFood

EP 104, SL 102, TP 108

Queuing @ 104

Cancel order

Net Pacific Finance Short 2

Entered shorts @ 70, will add if 69 breaks.

Out this morning for my MR ceremony and listen to strangers talk about Exxon Mobil and other equities... everyone seems to be an expert...

MTOBEIMF

Update

Short NPF 9 March 2017

Added shorts after 69 gave way. The counter is showing signs of slow selling already since it has come down from 90++ to 60++ levels. Initially already placed buys @ 62 and 60 respectively. BUT since naked shorts have to be covered on the very same day and selling is moving at a grinding pace. I decided to close the shorts in advance rather than waiting. It's possible a short squeeze might come in later.

Anyway, thank you Mr Market again for half a day's work... MR LOR!!!!!

Cosmosteel

Out now so I will post a simple chart. Should be explosive when play comes in

Net Pacific Finance

Net Pacific Finance Naked Short, 8 March 2017

Posted this only after the trade because the trade only kicked in around 3.31pm.
Doing naked shorting means I need to cover my position before 5pm. So that means I only have 1.5 hours for the market to move in my favor.

Goes to say I need to be glued to the screen rather than blog about it.

Overall it was a good trade with the right signals in place. Closed partially @ 74 because there was panic selling @ 72 73 region and experience tells me price will bounce back up. Hence, I decided to close the remaining lots @ 74 rather than queue @ 73 and suffer possible reactions.

I seldom do naked shorts as I had a real bad experience with Aussino when I first started trading in 2013. I remember that particular bad trade I lost 2k++ intraday. But that was when I was a greenhorn and do not have my systems and rules in place.

Thank you Mr Market for this trade today

Noble

EP 225, SL 210, TP 240, 260

MTOBEIOF

Japfa

Countertrend Punt

EP 845, SL 83, TP 88

MTOBEIMF

Dutech

EP 0.475, SL 0.465, TP 0.515

Countertrend Punt as we had a huge red bar down on the weekly

Market weakening

Many popular counters are doing a reverse of the morning movement. Be cautious... As of now, I have no counters on contra.

CityNeon

Counter trend trade

EP 0.79, SL 0.765, TP 0.82, 0.85, 0.885

MTOBEIMF

QAF

EP 1.38 SL 1.36, TP 1.47

Counter suffered a gap down on daily (1.555 to 1.53) falling to current price of 1.38.

Dangerous Punt

Trading Plan Week W9 Feb17

Some counters I will be taking note of

1. Moya Asia - Holding well despite the sell down of pennies on friday

2. Cityneon - Broke Support of 0.875 to go down to a low 0.81 on 23 Feb. We may see some form of rebound on this as I'm seeing buying in the 1h,2h &4h chart.  Note that this is a countertrend punt.
EP 815~820, SL 0.8, TP 0.86

3. Interra Res - nice weekly chart. Daily chart have to observe.

Wilmar

EP 3.66, SL 3.6 TP 3.84

to post chart later as not EOD yet

Trade Update 22 Feb 17

What a day we had in the market, morning was sleepy,afternoon very exciting with STI moving up 28 points to close at a new high for the year. Except the momentum to continue... who says the market is bearish....when the auntie and uncles come on board, that is the time to be real careful

anyway, list of stocks for tomorrow

1. Geo Energy - BUE formed
2. Noble - BUE formed
3. Hock Lian Seng
4. Mermaid Maritime - BUE
6. Citic Envirotech - Hammer formed
7. Sinarmas Land
8. ASTI - Hammer
10. Q&M - BUE
11. Del Monte - BUE

Too many to take a position..... I will select a few to trade. Max 4 open positions

MTOBEIMF

First Reit

Buy Stop triggered

EP 1.29, SL 1.265 , TP 1.315, 1.345

MTOBEIMF

Trade update 21 Feb 17

Several stocks have retraced to a level where I'm interested in

1. Moya Asia @ 58 to 61
2. Dyna Mac @ 179 to 184
3. Interra @ 80 to 82
4. Rex @ 69/70
5. Artivision @ 25/26
5. First Reit , BUE formed

Time to be cautious

When counters such as Ecowise and Jubilee Ind gets into Top Vol, it is time to be cautious and hold back on risky trades. I believe we are at the tail end of the recent bull run, A retracement/correction should be next on the cards.

Another clue is that popular penny counters are no longer moving much and actually do a fake upmove in order for the BBs to unload and trap retailers at the high.

Be cautious !!!

Jumbo

Buy Limit 705, SL 69, TP 74

Trade triggered

SunMoonFood

Buy in triggered  @ 116 yesterday, unfortunately market did not give any chance to jump onboard. Price went to 121 , and closed 118 yesterday

Point to note, the afternoon breakout was a FAKE with prices retracing from 121 to 117, closing @ 118 at the end.... seeing this i removed my buy queue @ 116 when it retraced back to 117/118

To continue to monitor

Week 8 2017 Trading Idea

Quick post on the counters I will be looking at for Week 8 2017 for STI

1. GSS Energy
2. Rex
3, SunMoonFood
3. SATS
4. Jumbo
5. Q&M
6. Boustead
7. HG Metal

Good Trading for the week ahead

HG Metal

Although in Legoland, my scanner picked this up today, looks interesting. Note that we are still in downtrend on both the weekly and daily, I do expect there may be some sort of play to bring the price up as we may have found a temporary bottom for this

I have posted a weekly chart on this for week 6 since week 7 is still ongoing.

HG Metal W6 Feb 17

EP 315/320, SL 295, TP 390

MTOBEIOF

SATS

SATS Daily 12Feb17

BUE spotted for SATS on 11 Feb 17 @ 100ema levels, Volume though is not encouraing.

Two methods of going about this trade.

1. For the more agressive, EP 4.98, SL 4.85, TP 5.05, 5.15, 5.25

2. Wait for selling in daily chart to subside then try. But may miss the boat

Indofood 15Feb17

Blog about this on Tuesday 7Feb17

Chart speaks a thousand words

Indofood Daily 15Feb17

Indofood has moved up today. Moved up to a strong resistance level @ 58, closed 565.

58 has proven to be a tough resistance level to break through for indofood as this has been previously tested and price turned down from there. On a more positive note, we are seeing higher lows on this chart. I expect prices to consolidate between 56 to 58 before the next leg up.

EP was 54, SL 52. To protect profits, the SL for this trade will be shifted to 555

MTOBEIOF

IHC

Quick Punt,

IHC
EP 103, SL 96

Week 7 2017

Some counters to take note for trading for this week. Will be a short one for me as  I will be away on Thursday and Friday.

1. Golden Energy
2. GSS Energy
3. Silverlake
4. Broadway
5. SingMynamar
6. Declout
7. Rowsley
8. AA

MTOBEIOF

On a side note, STI is still going strong. Price has broken above the first bear region as highlighted in my previous blog entry. As usual, before I take a short on STI I would like to see a pin bar/ BEE bar on the daily.

SingMyanmar

Quickie blog

Watch SingMyanmar, despite the many weekly pin bars, price is holding well

currently 615/620

Yoma

Yoma had a breakout yesterday, ending with a BUE candle. Today's closing price of 605 is pretty bullish

Yoma Daily 8 Feb 17

EP 60, SL 58, TP 62 , 65, 68, 72~73

MTOBEIOF

Parkson Retail Update from 7 Feb 17

Parkson Retail post on 7 Feb 17

Today Parkson has shown its real intention

Parkson Retail Daily 8 Feb 17

I have taken away the EMA lines for easy illustration purpose. A messy chart is hard to read.

Today's candle is a bullish engulfing one, closing above the immediate pink bear region. Volume is good as well. I expect momentum to continue tomorrow. A break above 123 should see price heading north to 131 region.

EP 121, SL 118, TP 131, 138

MTOBEIYF

Indofood

Indofood Daily 7 Feb 17

EP 54, SL 52, TP 565~595

MTOBEIOF

Trade Update 7 Feb 17

Slight push in the morning for many pennies which lasted an hour from market opening. Thereafter started seeing some pennies reversing the morning move. (hint hint on what to expect in the afternoon)

Indeed, many penny counters gave up gains made on 6 Feb 17, In other words, BBs attempted to trap retailers at the high end. Anchor Resources was one such counter and I decided to wait till closing on 6 Feb 17 @ 109 gave way before I exit my position at cost @108.

Dyna Mac was still holding well and started moving up around 3pm. I decided to take my profit @ 184 given the weak market conditions. I was lucky enough to get the top for the day on this and Dyna-Mac subsequently closed @ 180

Yoma had a breakup today and closed 605.

Current holdings
1. AA
2. Asiamedic
3. Indofood
4. Yoma

Geo Energy today facing its first day of T+5 really surprised me as it ended on a high @ 280. Will continue to observe

Trade Update 6 Feb 17

Potential Trades
1. SunMoonFood
2. Spackman
3. Anchor Resources
4. Parkson Retail
5. Fu Yu

Current holdings
1. AA
2. Anchor Resources
3. Dyna Mac

Note. Geo Energy is entering into its first T+5. We had 3 consecutive days of high volume on the run up for Geo. It will be interesting to see how the BBs are going to absorb the selling volume if they are not done with the push up.... I can feel my heart pumping with anticipation already...

Pretty bullish day market had today. Most of counters in my watchlist is green. Take note not to recklessly add/chase positions as the market could just turn. Limiting risk exposure is a trader's job

Parkson Retail

Daily Parkson Retail 6 Feb 17

Punting trade.

Selling seems to be contained after so many days (quite reluctant to take another try at this since SL on this recently but we have to leave emotions aside when trading, just like playing Poker.)
We see a high volume bar on 1 Feb ending with the bears pushing price back down fro 120 to 116. This will be the immediate bear region on this instance. Since then prices have been resilient and is starting to move up

Price today has closed @ 117 forming a BUE on the daily with decent volume

EP 118, SL 114, TP 123, 131, 135~137

AA Update

Re blog post  on 2 Feb 17,AA 2 Feb 17

AA moved up with excellent volume today

AA Daily 6 Feb 17

A BUE has been formed  for AA on the daily. Closing @ 44 level hints the counter is ready for an assault on previous high @49.

We cannot expect the counter to push through the bear region in a day.
Armies attacking a castle will gather @ the gates before making a full scale assault.

Anchor Resources

Daily Anchor Resources 6 Feb 17

Price has now entered bear region, coupled with long term downtrend line. Prices however looks posied for a breakthough.

EP 106, SL 102, TP 109, 112, 116

Dyna Mac

Daily Dyna Mac 3 Feb 17

EP 175, SL 170, TP 194~220 (bear region)

AsiaMedic

AsiaMedic Daily 2 Feb 17

Prices forming HHHL. Potential Breakout if 78 gives way

EP 78, SL 76
EP 74, SL 70

AA

AA Daily 1 Feb 17

Punting stock
Immediate bear territory between 44 ~ 49

EP 41, SL 36, TP 46

MTOBEIOF

Acromec

Acromec Daily 1 Feb 17

BUE candle on 01 Feb 17 with encouraging volume. Possible breakout setup. Immediate resistance between 0.60~0.63 (red region)

EP 0.57, SL 0.54,  TP 0.61, 0.67, 0.73

MTOBEIOF

Geo Energy Update 31 Jan 17

Re my analysis on Geo posted on 10 Jan 17, the stock has FINALLY broke out today.
Geo Energy Analysis 10 Jan 17

Geo Energy Daily 31 Jan 17

BUE spotted accompanied by very good volume, breaking out of resistance (yellow line) at 0.24 level. I expect prices to continue going up north and enter bear region (0.265~0.280) where I expect to see a thug of war between both the B&B.

MTOBEIOF

STI Update 31 Jan 17

STI Daily 31 Jan 17

As indicated in the chart, we are seeing signs of weakness on the STI. Prices of blue chips have been falling throughout the day, hence I will now shift my focus to penny play.

In the later part of the day, popular penny counters such as Sparkman, GSS Energy, Alliance Mineral, SunMoonFood, Parkson Retail are coming into play

Cityneon

Weekly chart as attached

Cityneon W4 Jan 17

Weekly close above 0.95 with encouraging volume. 

Daily 28 Jan 17

Small Inverse H&S formed, neckline around 0.94

Wait for retesting of support @ neckline to enter long

EP 0.94, SL 0.92, TP 1.05

MTOBEIOF

Yoma

Yoma

Yoma W3Jan17 Weekly

Yoma 24 Jan 17 Daily

Weekly can see forming HHHL, Inverse H&S spotted on weekly timeframe. Target region coincides with red resistance region

On the daily we can see BUE formed on 24 Jan 17.

EP 58, SL 565, TP 72~74

MTOBEIOF

Natural Cool

Natural Cool

Natural Cool 24 Jan 17

Punting Stock. Selling seems to have subsided. Past 3 session supported @ 152. Today volume is encouraging as well. Cautiously bullish

EP 0.157, SL 0.151 TP 0.165, 0.172, 0.196

MTOBEIOF

Thai Bev

Thai Bev

Short EP 0.835, SL 0.86, TP 0.76~0.77

ThaiBev 24 Jan 17 Daily

MTOBEIOF

SingMyanmar

SingMyanmar Weekly 

SingMynamar Weekly W3Jan17

SingMynamar has 3 pin bars showing price rejection on the weekly. Only look for a long when prices retrace to weekly 20ema or between 20/50ema on the weekly

Wilmar

Wilmar

Wilmar Weekly W3Jan 17

We can clearly see that Wilmar is on an uptrend. Green zone (3.56~3.72) is now a resistance turned support region. This is where I will be looking for a long when and if Wilmar retraces in the short term.

Parkson Retail

Parkson Retail

Parkson Retail 20 Jan 17 2H TF

2H TF seeing bullish bars.
EP 116, SL 112, TP 121, 126

MTOBEIOF

Singpost

Singpost

EP 1.495, SL 1.46, TP 1.57

Singpost 18 Jan 17 Daily

Pin bar on 17 Jan 17 with decent volume. However, current trend is pointing down, hence wait for entry @ 1.495

MTOBEIOF

QT Vascular

QT Vascular

BUE spotted on daily tf with encouraging volume

EP 75, SL 72, TP  79, 82

QT Vascular Daily 18 Jan 17

MTOBEIOF

Tuan Sing

Tuan Sing

TuanSing W2 Jan 17 Weekly

Came across this when doing a scan for BUE. Certainly worth a look imo.

Nico Steel

Nico Steel

Nico Steel Daily 17 Jan 17

EP 0.017, SL 0.014, TP 0.022, 0.025, 0.028

Punting stock, exit once profit is enough

ISDN

ISDN

Entry 0.210, SL 0.194, TP 0.255 (this is a punt)
The selling volume on the 1h timeframe is decreasing with a possible flush @ the bottom with encouraging volume.

ISDN 1H 16 Jan 2017 

Prices have retreated from a high of 0.275 from the day it got listed in HKEK 3 days ago to 0.205/0.21 region. This is a previous accumulation area before the run up. Coincidentally, this is where the 100/200ema is currently hovering @ the moment.

ISDN Daily 16 Jan 17 @ 10am

Stop loss are in place. May the odds be ever in our favor once again




Update

ISDN Daily 16 Jan 17_EOD

We could see more downside on this if the prices go below the green region. Once again, being impatient is a killer. The correct approach should be to wait for a signal of either selling is reducing or a BUE close above 100ema on this instance for bullish momentum to kick in.

The ability to wait for a signal will decide if the trade taken is a winning or losing one.

Kinda late right now so i will just do a quick blog tonight

Stocks im looking at
1. Natural Cool (possible flag, selling seems to be contained)
2. Sabana Reit (good volume @ the low)
3. Parkson Retail (BUE on the weekly)
4. Neratel(countertrend quickie)
5. Noble(BUE on weekly)
6. ISDN(back to 50ema on daily)
7. GL(BUE on weekly)
8. Singpost (see if selling subside)
9. Resource Prima (BUE on weekly, entry @ 37, SL 34, TP 41/42

STI Update

STI update

Lets do a quick analysis on the weekly chart for STI

STI weekly W2Jan17

For those who trades by patterns, an inverse H&S formation seemingly has already been formed. The neckline(yellow line) has been back tested on many occasions and well supported before the recent run up.
Blue arrow marks the profit target for this inverse H&S pattern and coincides nicely with another resistance region.

Currently STI is entering into the first resistance zone between 3020~3091 region. I expect prices to do the following before going up to challenge the second resistance zone.

1. Consolidate around the price region (3020~3091) or
2. Retrace and backtest the resistance turned support region (green area).

In view of this analysis, the focus will be on the blues as these will move in tandem with STI.

Always remember to trade with a plan and stick to it.  Capital preservation is important. Trade Safe and May the Odds be ever in our favour

Some of the stocks I'm eyeing

1. SIIC Env

SIIC ENV Daily 10 Jan 17

Prices have retreated on low volume back to the green region. We see a BUE on 6 Jan accompanied with good volume. Hopefully we get to see the selling reducing over the next few days. Then we can take a shot @ this.

Note that this stock is downtrend, but we are seeing some bulls in the background.




2. China Everbright

Another H2O stock.

China Everbright Daily 10 Jan 17

Prices have retraced to the green region. We should see very strong support between 455-460 for this
Either wait for selling to be reduced or we can take a shot @ this between 455-460


Note that this stock is downtrend, but we are seeing some bulls in the background.




3. Ezion

Ezion Daily 10 Jan 17

Prices rebounded off the green region.Volume pretty encouraging as well.
However, to be on the safe side, we have to observe how prices behave for Ezion as it might be a fake breakout.

Geo Energy

Geo Energy Daily 09 Jan 2017

Geo Energy has been on an uptrend. We can clearly see a series of HHHL.
Prices have retraced and consolidated for the month of Dec 2016. Current support is around 210-215

EP 230~235, SL 205, TP 260, 285

May the Odds be ever in our favor

Parkson Retail

Parkson Retail Daily 9 Jan 2017

BUE candle on 09 Jan 2017, volume is encouraging as well. Selling seems to have subsided

EP 109, SL 104, TP 112,115, 119, 131

*Take note this is a counter trend trade. We are playing for a technical rebound

Manage risk through lot size.

DYODD

Nam Cheong

 Nam Cheong Weekly W53 Dec 2016

This trade is not for contra, need to hold as we have not seen a breakout for this counter unlike other oil counters. Some might argue that this is a poor choice since it is weak if other counters have moved but this one is slow like a tortoise. Personal choice as i always see this appearing in top volume but the play has not occurred.

We can see the low is getting higher... when it comes into play , i expect to see more obvious HHHL being formed.

EP 63 & 64, SL 55

It seems that the counter has bottomed and might be in the process of turning up. Selling seems to have dried...

China New Town

CNT Weekly W53 Dec 2016

CNT weekly chart as per above. We have a slight BUE candle with encouraging volume. 

EP 72, SL 69, TP 78, 83, 92, 100

Chinese New Year is approaching, lets see if this gets into play.

If you dont shoot, you wont make money. Manage the risk properly and may the odds be ever in our favour.

Natural Cool

Natural Cool. EP 119, SL 113 (changed to 119 on 9 Jan 17), TP 123, 127 , 132... Momentum Punt Trade

SL 113 was when I entered on 05 Jan,
Shift SL to 119 to become riskless trade on 09 Jan

Fail to plan, plan to fail....




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