IFS Capital just broken out of the resistance at $0.245 and $0.25 today. For all those who don't know much about IFS CAPITAL, the biggest substantial shareholder is Mr Lim Min Hua, boss of Phillip Securities. Why is he buying shares in IFS CAPITAL recently, it could be something interesting that we do not know yet.
Tuesday, 27 June 2017
Tuesday, 20 June 2017
OEL will be the Star to shine if the counters can break the 1.1cents resistance to rally towards 2cents. Volume and momentum is picking up today.
Wednesday, 14 June 2017
Remember JEP right issues back in NOV 2016, they priced their rights issue at $0.02 with exercise price $0.02. For VIKING case, they priced it at $0.018 with their exercise price at $0.025. They are pricing their right issue lower than the exercise warrant price, one reason we see is that they are confidence of the recovery in the OIL & GAS beyond 2018 & 2019. Effectively, if one was to buy the Viking R at $0.001 and apply the rights at $0.018(the ultimate cost is $0.019) with the warrant still way out of the money($0.025).
Monday, 12 June 2017
Only can use 1 word to describe UNITED GLOBAL - beautiful chart. The stock breakout after the strong resistance clear at $0.32 today. It touches a Day high of $0.35(could be seen as the next resistance). This stock has potential to reach 40-50cents range in this Month of June.
Next super micro-penny. With strong volume increasing at $0.011, the big boys are accumulating up for a big rallies to come. TP $0.02 above.
Friday, 2 June 2017
Tuesday, 30 May 2017
Tuesday, 23 May 2017
Friday, 19 May 2017
Strong support at $0.255 for the past 2-3 trading days. A successful break of $0.26/265 could take GEO ENERGY back to $0.285.
Thursday, 18 May 2017
We are riding on the GOLD RALLIES seen today that DOW JONES had a major correction last night on fears of TRUMP trade policy. TP $0.075-80.
Friday, 12 May 2017
I would call it the NOBLE FISACO. Series of event such as the AGM on 28 APRIL 2017(shareholders not happy about the Share Consolidation being put into effect); Share Consolidation on the 5th May 2017 and the announcement of the Profit Guidance(9 MAY 2017) & 1Q Result(Yesterday 11 MAY 2017). Usually a share consolidation alone would trigger some wave of sellings due to management not confidence about their future prospects but management reason would be to take out volatility & speculation. This share consolidation clearly didn't worked for NOBLE GRP. Then come the profit guidance and results trigger another wave of selling. Technically NOBLE GRP is suffering from the brutal sell-off that started 1 MONTH ago, RSI dipping to 15(below 20). Next week would be an important week to see NOBLE given the troubles its faces. Level to Target 75-77cents.
Monday, 8 May 2017
It worth watching TECH Penny stocks that have underperformed the overall market in 2016. This year TECHs Stocks have been in favour due to a surge in SEMI-CONDUCTOR growth in 2017. With JADASON rallying on a strong research article by RHB today at 15cents, we believe the focus could be seen in other techs penny that is worth noting.
Friday, 5 May 2017
We alerted Addvaltech today as it was about to breakout its resistance at $0.054 today. In the afternoon, the super rallies started and hit our target price of $0.06 with a high of $0.063. Congrats to all addvaltech who profited in the afternoon.
Thursday, 4 May 2017
Jadason one of the stronger penny stocks that didn't drop much in the past few days. Yesterday we alerted JADASON as it was attempting to breakout of the resistance $0.065. Jadason continue yesterday strong rallies to hit a high of $0.075 way past our target at $0.072.
Wednesday, 3 May 2017
We alerted JADASON this morning when we saw accumulation going at $0.064 awaiting to break its 1st resistance at $0.065. Today it hit a high of $0.068 with lots of resistance going-on. JADASON chart pattern has been holding-on quite strongly in the past trading days despite sell-off from other penny counters. Ultimate resistance block at $0.07.
Yesterday we alerted SINO STAR PEC at $0.23 as we saw strong accumulation going-on in anticipation of its quarterly results. With the good results yesterday, Sino Star Pec gap up to a high of $0.235 to hit a high of $0.25. This stock should have potential to run towards 30cents.
Tuesday, 2 May 2017
Global Inv has broken out its resistance at $0.147 today. It touches a high of $0.149 today. We see potential of its testing the next resistance at $0.152 in this week.
Thursday, 27 April 2017
Wednesday, 26 April 2017
Mun Siong volume spike up to the highest in more than 1.5years. Something could be brewing in this penny stocks? Small players among the likes of PEC and Rotary.
Friday, 21 April 2017
JAPFA sold down from $0.87 to $0.63 in 2 weeks. Technically look to be in an oversold territory. There seem to be buyers absorbing in $0.63 in the late afternoon towards the closing bell.
Please take note that JAPFA will be trading XD $0.01 on 26 APRIL 2017.
We have been busy monitoring the market today and suddenly we spotted ASIAMEDIC having a placement of $0.08. In the afternoon ASIAMEDIC rally to hit a high of $0.087. Congrats to all who profit on it today.
Friday, 7 April 2017
We alerted CSC back on Monday when it was attempting to breakout of the $0.024 resistance. The BBs has been accumulating for months before the breakout rally came today. Today CSC rallies on strong volume to hit a high of $0.03. Congrats all who waited so long for CSC to rally.
Wednesday, 5 April 2017
We alerted ASIAMEDIC today at $0.078 as we saw the movement that it is going to rally higher alongside with other penny counters. AsiaMedic rally to hit a high of $0.087 today. Congrats to all who longed ASIAMEDIC today.
HIT OUR TARGET AT 5pm CLOSING $0.09
For those who follow our blog regularly, we have been holding on to our JEP shares since the right issue being completed in 2016. We liked JEP given its aerospace exposure. Last week we alerted JEP when it break up of its resistance at $0.024. This week JEP rally was impressive hitting a high of $0.03 today.
Thursday, 30 March 2017
Congrats to all who profited on MERCURIUS today. The stock rallied today to hit a high of $0.059 way past our target $0.056.