Saturday, November 18, 2017

Chart[68] - Wheelock

The counter formed triple top break up on early October. ~ 1.91 formed new support for the trend. Recent downfall was not in high volume, so it could be short term correction. Since price has been hovering around support, entry opportunity could be now.



Friday, November 17, 2017

Nov[9] - Financial Highlights - 1

The following counters released respective latest financial results last week. A summary is provided.
800 Super, Bumitama, ComfortDelgro, CNMC Goldmine, Declout, Frasers Centrepoint, Golden Agri, Golden Energy, Hatten Land, Health Management International (HMI), ISDN, ISOTeam, Mermaids Maritime, Moya Asia.
 

Nov[8] - Financial Highlights - 2

The following counters released respective latest financial results last week. A summary is provided.
Nam Cheong, Oceanus, Powermatic, QAF, Silverlake Axis, Singpost, Spackman, Straco, Uni-Asia, United Engineer, Wilmar, Ying Li, Yongnam, Asian Pay TV Trust (APTT)

Nov[7] - Market Updates

Crude Oil:  
Oil price has been running up and more volatile ahead of meeting between OPEC and non OPEC on 30 Nov. Positive factors are rising tension in middle east, potential extension of production cut in OPEC, but upside might be capped by rising oil output from US. Current price broke up from 53, but might face resistance around 58 to 62. Volatility ahead might present trading opportunity.

Trade on bullish Oil: Oil ETF (ticker: DBO)
Trade on bearish Oil: Inverse Oil ETF (ticker: SCO)


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

Friday, November 10, 2017

Chart[67] - M1

The counter has been bouncing between 1.77 to 1.84 for past three months. Market might have absorbed most negative prospective factors for the telco counter. Looking into bullish break up from its peer, Starhub, similar break up might happen on M1 as well. Last Thursday saw relatively strong buying volume. Similar spike up happened before as well. Shall price break up from 1.84 with decisive volume, it could head towards 1.9. There is a trading gap from 1.96 to 2.04, which might be your most ambitious target.

Nov[6] - Financial Highlights - 1

The following counters released respective latest financial results last week. A summary is provided.
Best World, BreadTalk, Capitaland, Centurion, CSE Global, DBS, Dutech, Ezion, Gallant Venture, Genting SG, Netlink Trust and Noble

Nov[5] - Financial Highlights - 2

The following counters released respective latest financial results last week. A summary is provided.
Nordic, Perennial, Raffles Education, SATS, SIA, SingTel, ST Eng, SUTL, Talkmed, UOL and Vallianz