JES completed the reversal bottom rally from $0.022 to $0.027. Congrats to all who profited on this counter JES.
Friday, 31 October 2014
Catalyst - NIKKEI 225 Rally on strong BANK OF JAPN Monetary Policy of $80 Trillion Yen
Only reit in Singapore with strong Japanese presence. A break of $0.92 will take it towards $1.00 Target, STOP $0.90
Wednesday, 29 October 2014
Yuuzoo did a technical rebound on Thursday from a low of $0.26 to closed at $0.285. All it take to trigger a alert when it hit the resistance at $0.28/5 to be sure that a reversal breakout rally will follow. It was just 3days when YUUZOO announce some spectacular good news yesterday that it gap up at $0.295 continued to trade higher towards a high of $0.315. Congrats to all who profit alongside at sgxwinner. Market is volatile and only alert at the right risk-reward with precision timing.
Monday, 27 October 2014
Saturday, 25 October 2014
Better housing data was the key to the bullish market momentum seen on Friday. All 3 Major indices rally strongly. The Dow Jones has recovered nearly 1000 points from its low struck a week ago at 15800. Many analysts caution against longing the market was swift to rally back strongly. After the blue chips rally, we would look out for Mid-Cap plays(0.20-0.80) and penny plays(<0.2) that look set to recover from this turbulent market crash in mid October. STI would set to rally towards the 3260 level(before the market crash), huge opportunity of trading would unfold next week.
Friday, 24 October 2014
We spotted the bottom for POSH at $0.675 support on the 17 OCTOBER which is 1 week ago. Within our contra period, POSH did not touch our stop-loss price at $0.65 so we continue to wait for it to rally towards our target price of $0.72. At the last day of contra(today), we managed to exit POSH at $0.715/2 which give us a decent return of 6%max. The Blue Chips and Mid-Caps have moved greatly from the low struck a week ago. Now the penny stocks rally could be in full-action next week. We shall see and play on a low-risk and high return approach.
Thursday, 23 October 2014
A breakout of $0.315 will take it towards $0.335. Company bought back its shares at $0.3125 on Tuesday 21 OCT(Signal that it is undervalued at current price). Watch to see the live action later!
Wednesday, 22 October 2014
Wall Street had one of its best week in OCTOBER 2014, with NASDAQ logging its biggest gains in the trading session. The market is very bullish on continued rumours that the FED will let Interest Rate stay low for a longer period of time.
Tuesday, 21 October 2014
Saturday, 18 October 2014
Wall street recover most of its losses from Wed-Thur rout on a Friday. The major correction is healthy for the 5 years bull market cycle. Next Monday, STI(STRAITS TIMES INDEX) could easily rally 30-40points towards 3200 level.
What stocks to watch out for - Oil & Gas related counters that is near 52 weeks low, Director Share Repurchase and M&A(low valuation).
Friday, 17 October 2014
We have been waiting for the reversal rally for the market since Wednesday and Thursday. Finally it is here on FRIDAY with USA futures, EUROPE market leading the charge in the reversal rally. Strong hint from the FED COMMITTEE James Bullard that the FED should continue its bond purchasing beyond OCTOBER in response to economic data and keeping inflation on checks.
Bullard said the Fed should consider delaying plans to end its bond-buying program at the end of this month to halt a decline in expected inflation. The Fed has tapered purchases to $15 billion a month from $85 billion in December 2012.
Some may have called for further QE to boost the slow struggling US, EUROPE economy as it is still fragile. http://blogs.ft.com/the-a-list/2014/10/17/beware-of-calls-for-qe4/
After the market close today, from SGX Filing; Kwok Singapore repurchase 1,246,000 shares at $0.678 and the Director Seow Kang Hoe Gerald purchased 200,000 shares in the open market at $0.68.
This could spark a sign of confidence for this counter in the coming week. We sense heavy shorting at the 0.675/0.68 level in the mid-afternoon and it will be interesting to watch how the stocks performance next week in anticipation of short-covering.
We check the respective target price from the Analyst report(OCBC,MAYBANK-KE; JPM) below on POSH.
FOR REFERENCE ONLY - Bullish report for POSH from OCBC(TP $1.21 / 77%upside), MAYBANK-KE($1.26/ 85% upside) and JP-MORGAN ($1.30/ 91%upside)
On Wednesday 15 October, at $0.31 we feel that a mini-reversal is in the process as VALUETRONICS was being sold down the negative reported written by MAYBANK KE sell-rating at $0.25. Given a big drop from $0.41 to $0.29(low), a reversal may be on the card and we long it at $0.31 and closed the trade today at our target price $0.335. Even though Valuetronics may trend higher, it good to take the profit off the table.
Tuesday, 14 October 2014
Thursday, 9 October 2014
Wednesday, 8 October 2014
We are staying cautious ahead of the FOMC min at around 2am SG time at 9 OCT 2014, thus No Stocks have been alerted today as the risk outweigh the reward.
Tuesday, 7 October 2014
Resistance at $0.048 has been trigger and on track to rally towards $0.05 this week.
The chart pattern today very beautiful at $0.032, it could test the $0.035 resistance very soon. We are getting to profit at any price above $0.035!
Friday, 3 October 2014
A break of $0.047 will take it towards the $0.05 range. Patiently waiting to reap the fruit of rewards.
We spotted Vibrant at $0.106. Very good profit for the day on a FRIDAY. Just hit our target at $0.112 at 2.07pm. Congrats to all who profited on VIBRANT Group today at Entry $0.106.
PNE MICRON - THIS IS THE STOCK TO OWN THAT WILL EXPLODE IN THE NEAR MOMENT( WE WELCOME SHORTIST ONBOARD WHO ARE BEARISH)
WHY PNE MICRON SO BULLISH? Let me explain in few words. SUBSTANTIAL shareholders bought the stake at $0.065, versus now $0.047. Why pay a premium of 38% when you can buy it in the market. This could explain something inside the company that the investors are bullish on. We see many shortists today in PNE MICRON today but we are maintaining our LONG POSITION in its and the shortists will be caught naked at any moment.
HOLD HANDS together and wait for the explosive move towards 5cents and 5.2cents at any moment