Highlights

Singapore Humble Stock

Author: humblestock   |   Latest post: Thu, 23 May 2019, 7:42 AM

 

Wilmar - [ Sitting On Support, Will It Break? ]

Author: humblestock   |  Publish date: Thu, 23 May 2019, 7:42 AM   |  >> Read article in Blog website


23rd May, 2019, 7:42 AM

Wilmar – [ Sitting On Support, Will It Break? ]Wilmar 23rd May 2019

Chart Source:Poemsview 23rd May 2019

Wilmar reported a good set of results in its recent earnings release which surprisingly didn’t see its price move up much. Could the recent run up in priced in the the results? That might be a possibility. As for now Wilmar sits on our uptrend line support but in a long while has closed below the 50ema.

This might spell trouble for Wilmar if it breaks that uptrend line and closes below it.

We’re watching this closely for a short opportunity.

Is it critical to have a trade plan which includes the entry price, stop loss, profit target in order to ensure that your trade is of good quality. With that then will a trader have confident in entering a trade.

Want to know more about Wilmar? Drop us a message and we'll be glad to discuss more.

Yours

Humbly

Kelwin&Roy

 

The post Wilmar – [ Sitting On Support, Will It Break? ] appeared first on Singaporehumblestock.

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Yanlord - [ 10% Downside Achieved In Less Than A Month, Let's Recap]

Author: humblestock   |  Publish date: Wed, 22 May 2019, 9:05 PM   |  >> Read article in Blog website


22nd May, 2019, 9:05 PM

Yanlord – [ 10% Downside Achieved In Less Than A Month, Let’s Recap]Yanlord 22nd May 2019

Chart Source: Poemsview 22nd May 2019

Yanlord continued its downtrend today going to a low of $1.23 before seeing some rebound. It went beyond our $1.25 support which gives a nice 10% downside since the start of May when we blogged about it.

Since the high of $1.55 Yanlord has corrected about 15% which is a healthy correction. We’ll like to see a base forming at around the $1.23 region before making our next move. No hurry in deciding as market remains volatile so keep calm and continue observing. Meanwhile it is always good to equip oneself with knowledge of how to trade both directions of the market.

As such, we’ll be conducting a CFD workshop where you’ll go through the importance of learning how to short especially in such a market.Rather than trying to pick the bottom or catch the falling knife as many would say, a seasoned trader might look to short on weakness and take advantage of the downside.

Join us on 28th May at 7:30pm where we’ll share more!

Click HERE to Register Now! Seats Are Limited!

Yours

Humbly

Kelwin&Roy

 

 

The post Yanlord – [ 10% Downside Achieved In Less Than A Month, Let’s Recap] appeared first on Singaporehumblestock.

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Yanlord - [ Broke Down As Per Blog, More Downside? ]

Author: humblestock   |  Publish date: Tue, 21 May 2019, 3:11 PM   |  >> Read article in Blog website


21st May, 2019, 3:11 PM

Yanlord – [ Broke Down As Per Blog, More Downside? ]Yanlord 21st May 2019

Chart Source: Poemsview 21st May 2019

Yanlord just went XD today with a dividend payout of $0.068 which means if you shorted the actual price is $1.358 as of today.

From the time we blogged in early May, Yanlord was trading at $1.46 thats a good 7% downside. As for now, yanlord sits on a support of $1.30 and if that can’t hold we might see it head down towards $1.25.

Want to learn how to use Poems CFD to short and follow the downwards trend? Rather than trying to pick the bottom or catch the falling knife as many would say, a seasoned trader might look to short on weakness and take advantage of the downside. If you answered YES then this upcoming CFD seminar on the 28th May is for you.

Some interesting topics covered would be

💰What will happen to the CFD position should you have an open long or short position that gets suspended.

💰How will different Corporate Actions affect your Long and Short Positions that you are holding.

💰We'll share as a bonus how you can join simply our community where long and short Trading Analysis are shared regularly.

What Are You Waiting For?

Click HERE to Register Now! Seats Are Limited!

Yours

Humbly

Kelwin&Roy

The post Yanlord – [ Broke Down As Per Blog, More Downside? ] appeared first on Singaporehumblestock.

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ST Engineering - [ Results Are Out, What's Next? ]

Author: humblestock   |  Publish date: Wed, 15 May 2019, 8:48 PM   |  >> Read article in Blog website


15th May, 2019, 8:48 PM

ST Engineering – [ Results Are Out, What’s Next? ]ST Engineering 15th May 2019

Chart Source: Poemsview 15th May 2019

ST Engineering had a good run up despite the negative sentiment for the last few weeks. It managed to power through and hitting a 5 year high of $4.05. It reported a good set of results this morning but instead of moving up ST Engineering started to come down. Any reasons why?

Maybe we might shed some light into this, just sharing our views only.

  1. ST Engineering could have ran ahead of its results, with a good set of results being factored into the movement up already.
  2. Perhaps market was expecting an even better set of results
  3. Market might have lured unsuspecting buyers in while they took the chance to sell on the results.
  4. ST Engineering had a good run so some pull back is also good.

With that some pullback would be healthy as this might present an opportunity for an entry.

First support might be at $3.90 breaking this might see more downside to $3.80 . Let’s watch.

Want to know what we're looking at next?

Drop us a message and we'll be glad to discuss more.

Yours

Humbly

Kelwin&Roy

The post ST Engineering – [ Results Are Out, What’s Next? ] appeared first on Singaporehumblestock.

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Yzj Shipbldg - [ 10% Downside Achieved, Let's Take A Look How]

Author: humblestock   |  Publish date: Tue, 14 May 2019, 10:11 PM   |  >> Read article in Blog website


14th May, 2019, 10:11 PM

Yzj Shipbldg – [ 10% Downside Achieved, Let’s Take A Look How] Yzj Shipbldg 14th May 2019

Chart Source: Poemsview 14th May 2019

Yzj Shipbldg continue to fall and patience paid off as it hits our lower band of the uptrend support line we drew back on 12th April 2019.

Back then when Yzj Shipbldg was trading at around $1.62 we blogged and gave some possible scenarios. We’re glad that it went according to plan and achieved a 10% downside in one month.

Yzj Shipbldg has now hit a nice support of $1.45 and it might hover around this support for awhile before a next move. If $1.45 breaks then we might see the next downside target to $1.42 or even $1.38.

Remember, it is always important to have a sound and actionable trade plan.

Want to know what we’re looking at next?

Drop us a message and we'll be glad to discuss more.

Yours

Humbly

Kelwin&Roy

The post Yzj Shipbldg – [ 10% Downside Achieved, Let’s Take A Look How] appeared first on Singaporehumblestock.

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ThaiBev - [ Broke Down From Our Uptrend Line, What To Look Out For?]

Author: humblestock   |  Publish date: Mon, 6 May 2019, 3:08 PM   |  >> Read article in Blog website


6th May, 2019, 3:08 PM

ThaiBev – [ Broke Down From Our Uptrend Line, What To Look Out For?]Thaibev 6th May 2019

Chart Source: Poemsview 6th May 2019

ThaiBev broke our uptrend line due to the surprise news that Donald Trump threatens to increase tariffs and China postponing trade talks. More can be read HERE.

The overall market took a big hit with STI falling over 110points in midday trading. Thaibev being part of the STI component contributed to the fall. We haven’t seen such a big fall in the last few months and traders all scrambled for the exit door.

ThaiBev despite being on an uptrend also took a hit. It fell below our uptrend line and if it doesn’t manages to regain its footing by the end of the day there might be further downside. Its next support might be at the horizontal support of $0.775 which is also the 100ema.

There is some downside meat left if you ask us. But do take note that its results will be released This coming FRIDAY after market.

Do you have a sound and actionable trade plan?

Is it critical to have a trade plan which includes the entry price, stop loss, profit target in order to ensure that your trade is of good quality. With that then will a trader have confident in entering a trade.

Want to know more about Yanlord? Drop us a message and we'll be glad to discuss more.

Yours

Humbly

Kelwin&Roy

 

The post ThaiBev – [ Broke Down From Our Uptrend Line, What To Look Out For?] appeared first on Singaporehumblestock.

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