Collin Seow Remisier Blog

15th Nov STI Market Update: Hi-P Gains 30% From Our Entry

Collin Seow
Publish date: Wed, 15 Nov 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.

 

Since the last blog post, we’ve seen a few of the charts we’re following, trigger some good entries.

A lot of tension in the world right now, with Trump dancing with North Korea’s leader.

But Hi-P and Genting are giving us good runs still.

If you’d like to learn how to identify stocks preparing to make big moves, and how to take advantage of them,

Click here to find out.

STI

The STI continued to climb, but these 2 days have nearly wiped out all the gains over the past 2+ weeks.

So it’s a good time to take some profits off the long positions.

Uptrend is still intact, we are quite near the previous major highs of 3550.

STI drop reverses over 2 weeks of gains

STI drop reverses over 2 weeks of gains

 

Genting

We got our signals on Genting!

Since the first entry, price has moved 11%.

First valid signal at $1.23

Second valid signal at $1.285

Currently price is at $1.33

We are in a prior area of consolidation from back in 2014, so be ready to take some profit around here.

Next level we might react from is around $1.42

Be patient and follow system.

Genting climbs 11%

Genting climbs 11%

 

Hi-P

Since our entry at $1.555, price has made a good 30% move higher.

The third and last valid entry we can take is at $1.80

The previous historical high was $1.98 and yesterday price went to a high of $2.08 so you can look to take some profit around $2.00

Otherwise, be patient and follow system.

Hi-P gains 30% from our entry!

Hi-P gains 30% from our entry!

 

SIA Engineering

No second signal and the candles have turned blue.

We will stop tracking this setup now.

SIA Engineering we will stop tracking this setup because candles have turned blue

SIA Engineering we will stop tracking this setup because candles have turned blue

 

OUE

Candles have turned blue and kicked us out of this trade for a small loss.

Our entry was at $2.10 so a small 5% loss.

Can’t win them all, but our winners more than cover for the small losses.

OUE well managed trade!

OUE well managed trade!

 

Good trading folks!

If you’d like to find out how to identify stocks which are about to make massive moves,
Click here to learn more.

The post 15th Nov STI Market Update: Hi-P Gains 30% From Our Entry appeared first on The Systematic Trader | Trading Courses | Collin Seow.

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