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 :)

Stock chart: GLP/Noble/KepLand/GentingSP

A quick review of those previous chart I plotted.

As i mentioned earlier, GLP have to cross $2.95 in order to see the $3/$3.03. However $2.95 resistance is way too strong and currently STI break below 3120. To be safe than sorry. I will suggest no action to be taken till STI find it support area or once $2.95 break through.

Noble pointed out earlier too. Bull & Bear have been fighting past few days till it finally break down and successfully formed H&S. Congrats those who shorted @ $1.04. Current target $0.97 & $0.92 (final, mirror image).

 Kepland on the weekly chart i pointed out to target $2.88. Of course is hard to have one way trip in a stock market unless financial crisis or company bad news. So for those who still believed there is room for kepland to continue to plunge, they may wish to short it @ the current price (since STI drop below 3120) or wait for it to pullback $3.37/$3.4.

Congrats those who shorted Genting SP @ $1.47 or those who shorted once STI 3120 give way. Now with the current high volume, let continue to hold on and shall see whether it able to reach the first target $1.42 follow by $1.37


Please take note next week due to CNY. Trading days will be reduce and volume may not be that strong.
You are remind to trade base on your own risk. Plan and Trade well :)

Stock Chart: Noble/Kepland/Jardine C&C

Noble closing candlestick dont look pretty good. Perhaps H&S is coming soon.

Kepland weekly chart. I'm just doing a case study of how this counter will pend out. If you are keen to trade, do remember to trade with your game plan

Jardine C&C, elephant stock counter, showing sign of bullish with supported by 20/50/100d MA. I have indicate the entry, Stoplost and target for this counter.


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

Market Update: 05 Jan 2014

Welcome back everyone and let start fresh for year 2014. 

We shall start with STI index. I know market actually open on 2nd Jan 2014. However to me i prefer to start everything from the beginning of the week. As i stated on 29 Dec 2013, I mentioned that do watch out STI may have the chance to cover back the gap @ 3160 and back to square one 3188 where sti open on 2013. Now where will STI head to in the following week. In weekly chart, we can see that STI still ranging in between a symmetrical triangle. So do monitor 3100 and 3065 for support. Break 3225 will eventually out from the bearish trend.

Next we shall take a look at HSI. Gap down on market reopen after holiday. Shall we say HSI forming H&S? Anyway do monitor once it break 22614 with high volume. Higher chance there will be a mirror image from the H&S. Target around 21663. Becareful HSI may eventually cover the gap before it continue its bearish trend.

Noble counter seem interesting to put under your watch list. As i said earlier in my previous noble post, I mention it will pullback around $1.065/$.108 and continue it's long term downtrend. Now we shall watch how noble pend out to be in the following week. Will H&S be successfully form after this week? Do monitor $1 as the support carefully. High chance mirror image will be form :)


After all please do plan and trade wisely for the start of the year. 
Last but not least, I wish everyone a green and greener P&L for year 2014. 

stock chart: Noble

Noble still not yet clear the major down trend. Watch out for the price pullback to $1.065/$1.08
If break below $1 mean H&S will successfully form out. Trade with care

Stock Chart: Noble

Noble candlestick show a sign of touching 20D MA. Do monitor carefully once it break 1.065 with high volume. This may indicate a bearish sign for noble to revisit 50% FIBO whereby its nicely support by 50D & 200D MA. However it noble fail to break down from the uptrend. Most likely it will reach $1.13 and $1.18 once it break.