Market Update: 01 Oct 2014

Hi Guys. Sorry for the long waiting. I'm back to update my blog again. Going through those counters i recommended on my previous market update and plus introduce one addition counter.
But anyway, previously i did mention about revamping my blog and provide some basic TA sharing session.
I guess I will revamp my blog first over this weekend, and in the mean time, I’m currently working with my friends to plan how to conduct the basic TA sharing sessions. Perhaps this session ideally target those people who start and keen to learn how to trade using TA. Of course, it does include and cater for different category of levels. We do not wish to waste your time going through those basic again & again. We are still planning and hope it will be on live ASAP. Those beginner or those who wish to learn my trading style, just drop me a email to find out more :)

Let's move on to the charting :)

STI: As mentioned before base on that two candlestick. Does it prove the theory of TA? Target hitting soon!

Ezra: Hit my second Profit! Happy like Mad :) ~~~ Did you follow my call?

Keppel Land: Wa sibei heng! I did mentioned if only it closed below $3.4 then short it. So trade invalid!

Noble: Sad Baby! When it first break below $1.35, it dropped all the way to $1.305!!!! only $0.005 away from my first profit. End up I have to cut lost in my counter. But that is part and parcel in trading life. You gotta be strict in your plan to survive :)

SMRT: Be ware and watch out! the golden cross didn't work out. It back to ranging mode! Monitor closely if you are still inside :)

YZJ: This is the counter im currently eying on! H&S forming at the top channel! Monitor closely if you wish to catch this big fish! Overall market seem bearish plus the riot in HK! This should be the next counter zooming south!! :)

Overall: There are lots of index currently oversold and at all time high. No one dare to Long and waiting for a major news or hero to short the index. Those who are not well equip, kindly remain sideline from the market before you get burn. My friend and I will be eying to start our small noobie courses to prepare others for the coming year 2015. Those who are interested to join our polite session, Just drop me an email. I will provide more detail to you personally. :)

You are remind to trade base on your own risk. Plan and Trade well :)

Market Update: 31 Aug 2014

Hello everyone.
OMG. TIME FLIES~~ Its been almost one month since my last post. Really busying. However not to forget to work life balance. Flying off to boracay this week. Can't wait to enjoy myself on the beach listening to the sea breeze ^^

Anyway market have been bullish even after a slight correction when DJI falling to 16200. While everyone is shouting market going bearish, market keep creating a new market high record! So beware when trading. Trade we tight stoplost. You might not know the moment when you enter long, is the moment when the turning point take place :)

Let us review some charts and how STI will perform for the coming week :)

STI: WOW! Those who practice TA should know a clear answer by looking at the candlestick itself! STI weekly chart showing 2 shooting stars! How to long? Beware!!!

 Ezra: Will be closely monitoring this counter! Patiently waiting for a clear signal to short it. However if overall market still feeling bullish, just wait till the right time to come :)

 Noble: Triple top? $1.35 is really a tough nut to crack it! But once it let go, we shall target $1.3 follow by $1.25 as final target! However watch out for certain confirmation signals such as break below $1.35 support, break below 100D MA & below the reversal candlestick :)

Keppel Land: Double Top? Wait for $3.4 to break and close below it! Follow the target as i plotted inside the chart.

SMRT: WOW WOW WOW! shoot up 63% in 3month! Can you believe how much strength it left?
SL: $1.59/$1.62
TP: $1.47/$1.43

Overall: Someone asked me "hey sean, Why all your chart so bearish de. all short?" Not because I choose to stand with the bear, but just bull (in STI) have been hugging with the market since Jan 2014. I feel that bull meat getting thinner compare to the bear meat. Market don't follow one way and i know is dangerous to anti-trend or catch the reversal trend. But as long as your reward-to-risk is well manage, you will be safe!.

If you guys got any questions. just simply drop me a email using "contact me", I will reply you ASAP :)

You are remind to trade base on your own risk. Plan and Trade well :)

Market Update: 13 July 2014

Hi guys.

This week i won't be going through any Index chart because the last index chart i posted for HSI and STI still valid. Have to wait for world cup to end and wait for all BB to get back to track (trade) before knowing where will the market head to. Anyway the major counter we have over my last week i guess will be Ezion due to credit Suisse who target at $1.80 but yet i have pointed it out before the news happen. Will it be coincident or TA do really play a part in stock reading? Up to you to believe.
Anyway I will be going through some counters which i posted on 28 June and introduce some new counters.

 Ezion: I have indicated this counter turning bearish whereby after it trade below 200D MA during my last post. However as for now. Covering gap will be the next move before showing the next direction. People still believe Ezion is a good fundamental counter to invest. As for trader, we react base on the chart. Next target $2.08?

 Tat Hong: ROOFTOP or just taking a break before the next climb? In order for this counter to remain bullish, higher high is a must. Do watch out for that. Plan your entry wisely. Because when it formed higher high, that will be an expensive price to enter.

 SGX: Sideway trading. For people who love to scalp. Hopefully you profited from this counter :) But do careful because world cup ending. Direction may come out soon or later.

Cogent: Seem like a bad call for this counter. It break below the supporting trend line after forming a double top. My stop lost for this was at $0.43/$0.435. For those who set it @ $0.43 please monitor carefully. Of course I'm not god to get all my counter go into the right way which i chart for, However I will be happy out of 4 chart and i manage to get 3 right will do. Everyone should know hitting a 75% accuracy in TA is quite hard to achieve it. Hopefully no one get burn in this counter :(

 ST Engineering: H&S? Closed below $3.77 on friday which indicated a break below the supporting line. If you are keen in this counter, do plan your entry place nicely. My target for will be @ $3.7 

 Raffles MG: Bullish Engulfing with high volume. Showing sign of rebound? First target will be @ $4. Plan your position well for this counter. 

 The last counter to take note will be Ezra, However no chart will be posted till more confirmation. Do monitor it and learn to chart. (bull in the town)

Overall: Everyone is tired over the world cup. However it is ending after tonight. And im so happy Germany come to the final! GO GERMANY GOGOGO! :) :D
Hope everyone who "invest" in this soccer instrument did allow you to make some kopi $$. 


You are remind to trade base on your own risk. Plan and Trade well :)














 

Market Update: 11 May 2014

Hi guys,

Congrats to those who profited from United Engineer and sorry to those who triggered on GuocoLeisure and waited at the target price area.
Gonna update quite number of counters and hopefully can huat big big on it next week :)

STI: Showing no clear sign which way will go. However two figures to watch out. Either side break will show bear/bull to take place.

Boustead: Weekly chart showing some repeated candle. Is always wise to trade with the trend. So if you wish to enter this counter, do rmb to cut once $1.835 breach.

Ezra: Showing descending triangle. Soon either bull or bear will take place! Do monitor carefully if you are keen in this counter.

Osim: As i mention before, it is always wise to trade with the trend. So rmb to buy when it dip. However how do we know whether it done with the dip or will it continue to fall. Do study carefully the chart i plot. It should show some sign of strength before we confirm the bull remain intact.

Tat Hong: Wish to try on penny counter once again. Friday closing showing a good vol sign. Hopefully it will burst over the next few days. Do monitor carefully!

You are remind to trade base on your own risk. Plan and Trade well :)