Friday, June 30, 2017

Chart[52] - Hanwell

The counter has been discussed on Chart[48]. First wave has been completed with high buying volume. Price slowly retreated with small volume. Immediate support is ~ 0.3, while strong resistance 0.4. Looking backward for the strong surge in buying volume, trader could position for potential buying interest in next.

Jul[2] - China Market Proxies

Following companies are exposing to various business sector mainly in China. Some have expanded to overseas as well. Earning is stable and growth plan is in sight.

EPS: Earning per Share
Gearing: Debt to Net Asset
Book Value: Net Asset Value
1Q2017: First quarter of FY2017


Jul[1] - Market Updates

US:
NASDAQ sell down persisted for last week. Weakening among tech stocks pulled down DOW Jones and S&P500. A longer correction phase might present hunting window, considering market bullishness since early of the year. Next week market shall get more hint from US FOMC meeting minutes. Timeline of tightening monetary policy shall be the concern.

Market Calendar on coming week:
(SG: Singapore; CH: China; UK: United Kingdom; US: USA; JP: Japan)

Friday, June 23, 2017

Chart[51] - HPH USD

The counter saw strong buying volume on early June. Price ran from 0.41 to 0.45. Failing to break through further, it has been retreating to origin 0.41. Considering range bouncing characteristics of Trust counters as well as recent bullishness among REITs, the counter could have formed new channel of movement between 0.41 to 0.45, which translates to 10% range. Trader could trade in the range while waiting next surge in buying volume.

Jun[8] - Oil & Gas Sector Review

The following counters have major business exposure to Oil & Gas sector. Their stock prices have been suffering setback amid renew plummet of oil price. However, they deserve a place in watchlist. Potential price catalyst includes privatization, merger & acquisition, improvement in earning, etc. All of them are trading under book value.

EPS: Earning per Share
Gearing: Debt to Net Asset
P/B: Price to Book
1Q2017: First quarter of FY2017

Jun[7] - Market Updates

Singapore:
STI has been moving side way since May. Support 3191 looks intact. Immediate resistance ~ 3275 might not be broken soon. Focus of second half 2017 shall be on utilities counter which operates in defensive sector and gives consistent dividend payout. Net cash position would be preferred.

Market Calendar on coming week:
Next week, important data includes the final GDP growth, personal income and spending and the consumer confidence for the US (29 June); China official manufacturing and non-manufacturing PMIs (30 June); Japan inflation and unemployment; business confidence and inflation for Germany, Italy and the Euro Area and the final GDP growth estimate for the UK.
Singapore is going to release bank lending (30 June).

Friday, June 16, 2017

Chart[50] - Singpost

The counter paused from recent downfall. It has slowly climbed up to 1.285. Last trading day saw significant buying volume on last 5 min. Shall buying interest continue, it shall break immediate resistance 1.29. Next one shall be 1.34. There is a gap between 1.34 and 1.39. The trading gap shall be filled up, just in matter of time.