July 25-29, TA for STI

July 25-29, TA for STI

• Trend - Side
• Momentum - Moderate upward
• Support - 3158 (Resistance turn Support)
• Resistance - 3200
• Volume - Average
• Candlestick - Gap Up

As mentioned in my last blog, STI will be trading near resistance and now, it had broken the 'symmetrical formation'. STI is also trading above the 200D MA, it is an important bullish psychological level. The US debt on 2 Aug - will determine the STI whether it can hit 3200 and the last historical high of 3,300.  

Look out for the Daily "LIVE ChatBox Tips Signal" for Entry and Exit. 

July 22, Stocks Screener

This week (July 22), Value Investing - 2x Stocks Screener

Fundamental Screening criteria is based on
1- PEG < 0.5
2- PE < 5x
3- Earning Growth Rate > 10% over 5 years.

I have included the existing Trend of the Screener Stocks, to allow us to have a better Entry and Exit.
Typically, a good entry is when the Trend Transition is from Side (Stabilizing) to Up (Momentum Up) or Up to Up (momentum is still strong).

 

July 22, TA for Property Stocks

TA for General Property Stock Comparison,

Name: Kepland, Capitaland, CapitaMall, SP Land

How to trade if you have a list of Property Counter in mind?
1. Try to identify the Trend

Eg, In Kepland and Capitaland, they are in a Down Trending. In such trade, Buy Low Sell High has lower Risk/Reward Ratio, but Sell High Buy Low will have a better Risk/Reward Ratio. However, you need to know whether you like this mode of trading?

Case 1: Kepland and Capitaland - In general, they are into Down Trending. There are being resistance along the 20D, 50D MA. Not that easy to trade.

Case 2: SpLand and CapitaMall - In general, they are into Side Trending. SP Land - 6.86/7.14 : Support/Resistance, CapitaMall - 1.88/2.00 respectively.

My style of trading depends on FA/TA analysis, If it does not have Value Investing, I just TRADE on Risk/Reward Ratio > 1. One thing that you might want to know that generally-Property Stocks tend to generate more negative news.

July 21, TA for Tiger

• Trend - Downtrend
• Momentum - upward moderate
• Support - 1.00
• Resistance - 1.11
• Candlestick - 1x white soldier
• Volume - 2.5x

I would like to call it an "Awakening Tiger", surge 13.5% within one day with no news whatsoever. Is this another insider trading leakage? Or a technical rebound which is supposed to happen now? I would put this into my SHORT list if it is near 1.19.

News to share,

SINGAPORE (Dow Jones)--Singapore's stock exchange Wednesday asked Tiger Airways Holdings Ltd. (J7X.SG) to explain a "substantial increase" in the low-cost carrier's share price.

Tiger's shares surged 13.5% to close at S$1.135 Wednesday, rebounding from a recent slump that was caused by the July 2 decision by Australia's aviation safety regulators to ground the airline.

The counter fell 16% on July 4, its first trading day after the Civil Aviation Safety Authority imposed the flight ban. Regulators had said Tiger's Australia operations posed "serious and imminent risk to air safety" after it failed to address concerns about pilot training and maintenance raised in March.

In a statement Wednesday, Singapore Exchange asked Tiger to immediately offer possible explanations, including disclosing any previously unannounced information that may have triggered the price movement.

A spokesman acting for Tiger didn't immediately offer a comment.

Some analysts had tipped the airline's shares to gain in a technical move. "We believe that the stock could be ready for the next move higher" based on charts, CIMB said in a note earlier Wednesday. "The high trading volume recently also suggests a possible selling climax."

Tiger's "rebound rally is likely to take prices to close the gap at S$1.19 in the near term followed by a test of S$1.55 in the coming months," the house added.

The airline had said it was set lose about S$2 million a week during the suspension of its Australia operations.

CASA last week said it aims to lift the suspension on Aug. 1.

July 21, TA for OCBC

OCBC - Shares buyback on a regular basis. 

July 21, TA for OCBC

• Trend - Side but trending above all MAs.
• Momentum - Flat
• Support - 9.30
• Resistance - 9.60 (now support)
• New resistance - 10.00
• Candlestick - 1x white soldier
• Volume - 3x

In general, all the SGP Stocks are in UP Trending - trending above all MAs. But for OCBC - this stock breaks "resistance turn support" with high volume. OCBC had been trying to break the resistance for 6th times and never manage to breakout. But this round, a breakout is observed. It might be trying to reach the $10 mark.

What I would like to highlight to my viewers, this stock has a very regular share buyback programme. I just extracted part of the latest buyback. Share buyback program creates good value for shareholders, but bad for business as it shows that it has no way to utilize its money but to enhance shareholder value.

 

Temasek Holding Company; 31 March 2011

If you like to know where Temasek puts their investment, these are the list of companies that they invest. This could provide to you a direction or choice of company to follow.

This is an extraction of the Annual Report from Temasek, as of 31 March 2011,
http://www.temasekreview.com.sg/

July 19, Value Stocks Screener

July 19, Value Stocks Screener

In this section, I would like to highlight to my viewers how to screen stocks using your free trading platform - poems.com.sg. This method is very useful for fundamental investor looking for good and stable company to park your investment.

The screening rules are very simple, it is just a few questions that you want to know
1- Is the company has a stable yield stock that beats inflation?
2- Is the company stable and have any cash flow issue?
3- Is the company at any discount value?

Based on these 3 rules, I setup simple entry rules using basic financial ratio.
1- Look for Yield > 5-10%
2- Look for Current Ratio > 1-5, Debt / Equity < 0-30%
3- Price/Book Value, < 0.5-1

With this setup, you can simply find your answer to value investing. If you are using poems platform, just go to STOCK -> RESEARCH -> STOCK SCREENER. The key thing is that you must know what you want to enter to find the value stock. In this blog, I have provided you the parameters for your value investing parameter.

Note : In any investment, I have only provided you the Fundamental Analysis of Quantitative Analysis. It is equally important that you study the Qualitative Analysis Part to ensure you understand the business too.

July 18-22, TA for Sembcorp

Trend - Up-Side (Trend Changing - MA crossing, MACD at 0)
Momentum - 30%
Support - 4.76
Resistance - 4.99
Candlestick - Counter-attack = (indecisive signal)
Volume - low ( look careful at the last 6 days volume, 3 high selling volume and 3 decreasing volume)
Pattern - Inverted Flag Down (bearish signal)

If you are trading on Sembcorp - BE CAREFUL, a bearish pattern is formed "inverted flag down". In additional, it is supporting at 200D MA. Due to the bearish pattern, you should stay clear until the "flag down" is completed or a sudden change in signal.