Sep
27
2010
Indonesia Stocks: Be Caution of Bumi Resources and Darma Henwa
Posted by admin in Indonesia Stocks, Market Analysis
Archive for September, 2010
Sep
27
2010
The Potential Direction of the AUD in the Mid TermPosted by admin in Forex Analysis, Market Analysis
Sep
24
2010
US Crude Oil should be re-testing the US$76.50 mark In the next 3daysPosted by admin in Commodities, Futures Pick, Market Analysis
Sep
21
2010
US Gold is Expected to hit Above US$1286 todayPosted by admin in Commodities, Market AnalysisGood Evening, I am looking at the US Gold to Hit US$1286 today as my V3Go Indicators shows more upside but I suggest players to go slow in your quantity. Currently, it is trading at US$1281.20 Disclaimer applied Kelvin Han
Sep
21
2010
Dow May Correct First Before Going Towards 10,900. Mid Term Targets For Genting SP and Genting HKPosted by admin in Futures Pick, Market Analysis, Stock PickGood Afternoon, Not too long ago, I mentioned that Dow is targetting to hit 10,700 level within 2weeks on the 7th of September and once again, we got many people responding negatively towards that call as then many analysts were calling for the Hindinburg Effect to arrive. Incredibly, almost everyone around me was negative towards the market and some even expect the STI to go below 3000. I stood firm with my analysis and I am glad that the outcome turned pretty clear towards my forecast and many of my friends have benefited from it by NOT-SHORTING during the panic time. Now the Dow have hit my target of 10.700 yesterday, I am going expect traders to take a step back for awhile as no World Class Sprinter can run below 10secs on every 100m distance. Speed burns Stamina. I am expecting a little profit taking to be into the market tonight but my next target is 10,900 based on my chart and V3Go Indicators. At the moment, my Indicators are giving me the mixed signals therefore I would like to step back first thou overall very positive with the coming days. I shared with my graduates yesterday on the 2 recently darling; Genting SP and Genting HK and suggested to them S$2.20 and 55cents are good levels to book profit for this round. Should the price can retrace back to $2.05 and 50cents, then its a good price to reload again. Honestly, unless you are keeping them then let play UP and DOWN for the next 2-3mths... I am pretty confident to see them trading at S$2.55 and 65cents respectively. Now they are trading at S$2.11 and 52cents at the moment. Disclaimer applied Kelvin Han
Sep
20
2010
The PoundYEN looks good to fall to 132 level…. currently at 133.70 levelPosted by admin in Forex Analysis, Market AnalysisGood Evening, We been waiting for this trade for a couple of days after it rallied more than 600pips intraday on the 15th of Sep. A correctional movement is expected but of course, we dun expect alot Now its trading at 133.70s level and clearly shows resistance around 134.40 level. One can short it and target 132.0 level. Disclaimer applied Kelvin Han
Sep
20
2010
Jakarta Stock Exchange Index to Hit 3550 by Dec 2010Posted by admin in Futures Pick, Market Analysis
Sep
20
2010
Informatics and Q&M Projections in the next 2-4weeks of tradingPosted by admin in Market Analysis, Stock PickDear All, So I decided to cover 2 counters that we have vested interest in BUT do kindly take note that our calls are NOT FOR CONTRA. It is meant for KEEPING for some time. Kelvin Han
Sep
15
2010
3060 will be resistance for today on the STIPosted by admin in Forex Analysis, Futures Pick, Market Analysis, Stock PickGood Morning, On the 11th of August, I mentioned to many regarding UTD and shared with them that 37cents is a very important support level. If any read that article, the price then was 39cents. On the 31st of Aug and 1st of Sep, the stock hit a low of 37cents and ever since it actually rebounded nicely and hit a high of 49.5cents yesterday on a fantastic rally. Congrats to those who followed the call especially those who were online when I mentioned that 42.5cents can go for it again. I recommend BOOKING PROFIT on this counter today. For today, I am looking at Genting SP and Genting HK as yesterday selling was expected. If Genting SP can recover over 1.95 and close above it, I am looking at it to re-test 2.00. If not, I dun recommend as I foresee more selling. For Genting HK, the resistance is 49cents. If cannot go past this figure, one shouldnt go too deep into this counter. NIKKEI will most likely get into some selling mode because the Dollaryen broke the 83 figure mark therefore the strong YEN will definitely increase the pressure on the Japanese stock market BUT I doubt the selling will last long as this round, despite the strong YEN, the japanese stock market seems to be supported. A rebound on the DollarYEN will lead to some upside on the NIKKEI, so watch for it. Looking to go long on the NIKKEI if 9030 stays. HK Future must test past 21788 for more upside.. if not, it will become a temporary resistance. Shanghai Index resistance is 2698 and it been trying to test for several time… a break through above it will bring more upside to 2858 level in 1month time in my opinion. Jakarta Stock Index should be supported at around 3211 level for today after closing at 3230 since its holiday. Have a great trading week ahead! Cheers! Disclaimer applied Kelvin Han
Sep
14
2010
One Week of Consolidation already.. but trend is clear. Take Note.Posted by admin in Market Analysis, Stock Pick
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