Collin Seow Remisier Blog

31st May Market Update: Sunningdale Is In Our Crosshair.

Collin Seow
Publish date: Wed, 31 May 2017, 06:00 PM
Collin Seow
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Collin Seow (CFTe,CPM) is an experienced remisier who mentor his clients to help them to build a stock portfolio.

Heading into June now.

The markets don’t have clear momentum at the moment, so be patient.

Now isn’t the time to fire all guns.

However, summer movie season is upon us, so get ready for a lot of good movies!

On the scans we have Sunningdale to watch out for.

The first signal was last week, so we are now waiting for the next signal.

If you want to be clear when to get into the markets and when to stay out,

Find out more here.

 

STI

We could be heading lower to test the 3180 area.

If we do get there, watch for the bounce then we can load up more longs.

STI testing 3200

STI testing 3200

 

Hi-P

As mentioned, it’s parabolic already.

So take some profits around this $0.925 level.

Hi-p might find some buyers around the $0.90 level, if that doesn’t hold then maybe we’re looking at the $0.83 area.

Hi-P keep an eye on it

Hi-P keep an eye on it

 

GLP

Be patient and follow system.

GLP be patient

GLP be patient

 

OCBC

$0.18 per share dividend just paid out.

Be patient and follow system.

OCBC paid $0.18/share dividends, be patient and follow system.

OCBC paid $0.18/share dividends, be patient and follow system.

 

M1

Consolidating near the highs.

Be patient and follow system.

M1 be patient and follow system

M1 be patient and follow system

 

TSM

We’re still going.

Be patient and follow system.

TSM making a run for the highs again.

TSM making a run for the highs again.

 

Valuetronics

Be patient and follow system.

We are testing previous consolidation highs once again.

Valuetronics be patient and follow system

Valuetronics be patient and follow system

 

Cityneon

We just made an attempt to break above recent highs from before the price of the sale of their stake was announced.

Be patient and follow system.

Cityneon be patient and follow system

Cityneon be patient and follow system

 

Sunningdale

One of the counters we spoke about at the weekly webinar.

There was a signal last week and it’s too late to get in now.

So we need to wait for the next valid signal.

For KIV.

Sunningdale for KIV

Sunningdale for KIV

 

Systematic trading has its perks.

We have a clear road map of what we need to do and where we are going.

If you would like a road map for your trading,

Click here.

Good trading folks!

 

The post 31st May Market Update: Sunningdale Is In Our Crosshair. appeared first on The Systematic Trader | Trading Courses | Collin Seow.

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