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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