Hello Readers,

I know there are a lot of reports on Kepcorp/Kepland in Facebook group or Analyst covering the story. So I am not going to write a long story to bore you guys. But let me briefly write something about Oil and renewable energy.

Oil's price decline is not simply a question of too much oil being supplied by producers unable to restrain their excessive social benefits and/or the U.S. suddenly becoming an oil exporter. What is happening is "energy price deflation" as renewable energy (wind, solar, hydrogen) steadily gains capacity. Scotland, for example, generates 40 percent of its power from renewable-energy.

The shift from fossil fuels to renewable-energy is a technological breakthrough of unparalleled scope, and represents a mega trend shift from fossil fuels delivered via centralized utilities to distributed (self-generated) renewable energy.

Oil is for cars; renewables are for electricity. The two don’t really compete.

But what do I know, I'm not an Oil & Gas analyst.

I ‘m a technician, I ‘m looking for signal in the chart to buy or sell.

And to predict how far a commodity will drop in a bear market is almost impossible.

I have cut loss on Keppel Corp on 1st Dec 2014. It you are interested to read, please click here

Remember that we cant catch the bottom or the top in the market but we can catch the reversal and ride the trend.

I always tell my friends and students that I look for simple trade and not looking for challenge in the stock market.

On 19th Jan, Keppel Corp was a simple trade to me. I entered Keppel Corp the day before it was halt (20th Jan),

Let’s take a look at how the trade unfolded.

Keppel Corp daily chart was showing bullish divergence. I was monitoring the hourly chart for entry.

I queue my enter at $8.09 and got hit.

It was a “A” grade enter as the day low was $8.08.

However Keppel Corp called for halt at the end of the trading day.

On 23rd Jan (Friday), Keppel Corp announced the takeover Keppel Land.

As I am writing this, Keppel Corp shares price is $8.70.

I am still holding to this stock and paper profit of $3,050(exclude com).

My key lesson from this trade:

The different between Amateur and Professional trader is that pro is not afraid to enter the trade again even he/she lose money on that particular stock. Pro will cut lose and wait for another opportunity. I have cut lose on Keppel Corp and lose $1500 on that trade. But I stick to my Stop Lose discipline and wait for another opportunity.

I hope you have learn something out of this article too.

Talk to you soon.

Best Wishes,

Divergence Trader

The post How I Managed My Trade – Keppel Corp (Long) 2nd Time appeared first on Divergence Trader.