Did you notice Tung Lok today, shooting for the moon?

It was one of the fundamental picks by our guest writer, he wrote about it in this post when Tung Lok was trading at just 9 cents.

That’s the thing about fundamentals, it takes an uncertain amount of time for fundamentals to get reflected in the share price. In this case, it took 6 months.

The tradesGPS Buy signal came in on the 1st of August, if you were scanning for penny stocks like this.

And the only reason you would observe the TradersGPS signal on such a low priced counter, would be if it was fundamentally interesting.

Tung Lok is now trading at $0.26 as I write this, imagine if you had bought at 9 cents, that’s a profit of 188.88% already! What an auspicious number.

But of course, getting in later with TradersGPS, you enjoy 46% over 3 days, which is still great isn’t it?

Do you want to know the best time to buy a stock?

Click here.

STI

Uptrend still in play.

Manage your positions accordingly.

Our shorts are precariously near exit signals, which is not surprising.

Be patient and follow the system.

STI market bullish

OCBC

Another cash dividend by OCBC, $0.18 on the 3rd of August

Price still looks strong, so be patient and follow system.

OCBC just paid out dividend

Wing Tai

Making a move out of the consolidation area.

Be patient and follow system.

Wing Tai attempting to breakaway from the consolidation

ComfortDelGro

Be patient and follow system.

Exits not triggered yet, but it’s pretty close.

ComfortDelGro pay attention and follow system

Wilmar

Close to triggering and exit, so pay attention.

Don’t let these little losses worry you, the BIG winners will cover them easily.

Just be patient and follow the system.

Wilmar pay attention and follow system

Breadtalk

As mentioned in previous post here, waiting for next signal.

If you didn’t enter with the first arrow around 1.72, price did us an opportunity to enter near that price these few days.

If you didn’t enter, no worries, wait for the next signal.

Breadtalk 2nd chance or wait for next signal

Tung Lok

Here’s the chart of Tung Lok for your viewing pleasure.

Tung Lok today

Using sound methodologies to tackle the market, TradersGPS guides us on what to do at every turn.

Click here to find out more.

Good trading folks!

The post 4th August STI Market Update: Did You See Tung Lok Today? appeared first on The Systematic Trader | Trading Courses | Collin Seow.