Did You Trade

Good Morning,

Although Dow closed RED last night, and most likely the Asian markets will sell down first in the morning but I suspect the downside may be limited as recent selling from the  markets already been in the market.

 If the STI can stay above 2966 today, today might be a great day to load up shares like Soundglobal, Broadway, Midas, Genting, etc.

So do kindly take note of the above stocks and levels and see if I am right for this week.

Have a great trading day ahead!

This is Kelvin Han, V3Go System Originator, signing off, cheers!  

Disclaimer applied

Good Morning,

I have been waiting for the selling for quite awile and today will be a good day to see the stock price can firm around the support levels (see below) and if it does firm around my levels, I would suggest traders loading for mid term investment (2-6mths investment)

These stocks are going to be in my watch list from tomorrow onwards.

Broadway -  1.10 support  ( In red = over sold and  may rebound )

(Meaning, the techical price to watch is S$1.10. If the stock stays above this level AFTER being Tested, one can look for buying opportunity)

City Dev - 11.82 support

DMX  – 33cents support

DBS -  14.26 support

Ezra -  1.86 support

Ezion – 63cents support

F&N -  5.49 support

Kepland – 3.88 Support

KepCorp – 8.75 support

Hyflux – 3.05 Support

MIDAS – 92cents support

NOL – 1.96 Support

Noble – 1.65 Support

Osim – 0.955 Support

Otto Marine – 37cents Support

Olam  – 2.53 Support

OCBC  – 8.77 Support

UTD  – 37cents Support

UOB - 19.26 Support

ROtary  – 93cents Support

Q&M -100 – 48cents Support

SPH  – 4.00 SUpport

SAR  – 2.07 Support

swiber  – 97cents Support

SATS  – 2.77 Support

SGX -21 – 7.68 Support

SMM  – 3.84 Support

Semb Corp  – 4.03 Support

Sound global – 76cents

Tiger Airway - 1.89 Support

Yanlord  – 1.83 Support

Yang Zi Jiang  – 1.43 Support

Z-Obee  – 39cents Support

Venture  – 8.95 Support

So do kindly take note of the above stocks and levels and see if I am right for this week.

Have a great trading day ahead!

This is Kelvin Han, V3Go System Originator, signing off, cheers!  

Disclaimer applied

Good Morning,

Lets do a recap for last week, I was pretty bullish and was confident to see the STI testing the 3050 level but too bad, the highest level was 3043.28, happened on the 3rd of Aug. 7 points shy from my target. 

And since then, the market been rather weak..  Other than Informatics and Soundglobal; we been keeping away from the stock market.  Today is a good profit taking day for Informatics. I expect resistance at 21cents.

I am looking at the support to be around 2987 for the time being.  The next level is 2966. Once the support stays, I am suggesting traders/investors to return into the market to look for opportunities again.

Stocks in Mind

1. Broadway – Support around 1.12

2. Yanlord - Support around 1.83

3. Soundglobal – Support around 76cents.

So do kindly take note of the above and see if I am right for this week.

Have a great trading day ahead!

This is Kelvin Han, V3Go System Originator, signing off, cheers!  

Disclaimer applied

Good Morning,

If my deducement proves correct, today will be a field day for the SMALL Caps shares. I believe the stockhist are going to make their money work for them before the coming long weekend. I expect the STI to re-test 3030 today and may even hit 3050 by tomorrow.

Lets see!

Have a great trading day ahead!

This is Kelvin Han, V3Go System Originator, signing off, cheers!  

Disclaimer applied

Good Morning,

Last week, one of the darling was Sound Global, because of its potential dual listing but the deal fell through, and the stock plummented down more than 10% after the news. I called for a buy then and was looking at it to hit 85cents. It did hit a high of 84.5 before coming off. Missed my target by 1 bid.

Although we bought at a good price, but only managed to breakeven because of the trailing stop was triggered on the way down and decided to wait for awhile for the dust to settle down first.

Now I think the dust is about to settle down IF it can stay above 75cents and close above 77cents today.

The stock’s fundamental is reasonable and I foresee great potential on this stock in the long term. I am looking at it to reach back above S$1.00 mark by mid of march 2011.  Thats more than 30% upside to go for this stock.  The base support at 73cents is a SOLID ground on this stock. So one will know where to cut their position.

So do kindly take note of this share.

Have a great trading day ahead!

This is Kelvin Han, V3Go System Originator, signing off, cheers!  

Disclaimer applied

Good Morning,

If anyone went to the Supermarts around Singapore and bought Eggs from  them, would have realised that the price have increased. If you look at the charts of Wheat, Soya, Corn, Orange Juice, etc you would have realised that they moved much higher over the last few days.  Even Chilli and Sugar prices are moving up explosively!

I did some market research and analysis over the weekend and came out with this deducement.

Its very clear that although the US Employment and Unemployment Data are showing some signs of weakness but inflation and CPI and cost of living is increasing thus this clearly shows that the world economy is recovering and this could signal that commodities sector will be play for the 4Q and this could propell commodities stocks, markets and commodities-linked currencies to higher grounds. (Of course, some analysts or Experts may not agree with my view as they may think higher inflationary numbers will hurt economy but based on patterns and how the market works.. the downside is limited and temporarily)

Refering to Olam, Indon Agri, Wilmar (stocks), Singapore, Indonesia, Malaysia, India (markets), AUD, NZD (currencies).   

But of course, this may not be the best time to enter now since the market had already went up quite a bit… but one should take great notice of the above ONCE you see some profit taking or correctional movement AFTER this run.

For End of the Year Forecast: 

1. I am looking at STI to hit 3300  (Currently at 3010)
2. Indonesia market to hit 3255  (Currently at 3069)
3. AUD to hit 94 (Currently at 91.20)
4. NZD to hit 74.50 (Currently at 72.80)
5. Indon Agri to hit S$2.75
6. Wilmar to hit S$6.85
7. Olam to hit S$2.82
8. US Crude Oil to hit US$85

Remember, no need to chase after the above calls at the moment, wait for the correctional move FIRST. But they are definitely worthy to go for if you are looking for something/somewhere to diversify your funds.

Note: For this week, prior to our 45th National Day, I am looking at the STI to keep rising up until end of this week (of course, hopefully, without Dow coming down too much), targetting it to hit 3050.  Nothing is 100% but if you are long, just book profits along the way.. for those who yet entered, go small to catch this ride.. those who wish to short.. wait for your turn… time not ripe yet.

Have a great trading day ahead!

This is Kelvin Han, V3Go System Originator, signing off, cheers!  

Disclaimer applied

Good Morning,

today, would be interesting as most likely we will have initial volatility in the market causing some confusion to the traders first.

Here is what I shared with my graduates in the morning… primarily for the Futures Traders

Morning,
[7:14:35 AM] 00 KH-Trend Master: NIKKEI – the closing is below the UT TSC for today therefore, if the market goes below OP, there could be some selling BUT both the 2 indicators are supporting the upside therefore; If the market stays above OP, then one could long based on DIFF but once it goes below OP, one can cut and turn short.The Dollaryen is trading below OP, slipping towards 86.50 level therefore most likely NIKKEI may open and trade lower first.

[7:17:15 AM] 00 KH-Trend Master: For SIMSCI today, as long as it stays above 354.7 and above OP today, traders can still go long on it. But Indicator closed at the extreme zone, therefore, do expect initial profit taking first since the Dow and ES both closed lower overnight.

[7:17:53 AM] 00 KH-Trend Master: STI should be re-testing 3002 TAOS R/L level today

[7:20:57 AM] 00 KH-Trend Master: HK Future, one must look at around 20979 level as thats the LB of the UT TSC. The market closed at 21068 yesterday and Indicator is maiden crossover towards the downside thus may add some pressure on this market today.

[7:22:37 AM | 00 KH-Trend Master: Taiwan TSC is a Parallel therefore above the UB and above OP, its a long. Below the LB and below  OP, one can short. In between, based on TSC, do nothing.

[7:24:11 AM] 00 KH-Trend Master: S&P must go above 1109 for more upside, if not, below OP, its a sell based on TSC. S&P also closed below the DIFF S/L and the Indicator is a maiden downside crossover

[7:27:38 AM] 00 KH-Trend Master: Shanghai, 2642 will be an interesting level to take note for this market. The Indicators came out mixed. DIff is calling for more upside but the other is calling for a maiden downside. It was resisted at 2655 TAOS R/L yesterday so unless it can go up above this level, it can touch the 2673 level.. if not, this market may go into profit taking mode.

[7:28:37 AM] 00 KH-Trend Master: With that, i hope everyone would have a wonderful trading day ahead!

For SoundGlobal, I am looking at this stock to hit 85cents today while HK Genting (US$) may hit 0.26 by next week.

This is Kelvin Han, V3Go System Originator, signing off, cheers!  

Disclaimer applied

Good Morning,

Dow rammed up another 100pts and SIN Dollar breaks 1.36 ground, a level not since July 2008!

Naturally, the first thought is go into the market to do more buying and hoping to sell higher later but 13years of trading experience tells me that HOPING for something doesn’t really pay or helps in the financial market. Its all about ODDS that separate the WINNER and the LOSER and I’m determined to be the former, as many times as possible.

If anyone look at the STI chart today, it is doing a 3-4mths high but if you put it side by side with the Bank counters, you will see that the PATTERN doesn’t really inter-relate. And when I checked the selling wave in City Dev over the last 2days and also failing to set a new high above S$12.08 ( the high created on 1st of May) tells me that I have to becareful.

Hang Seng opened above 21,000 level (as forecasted) but quickly sold down to below the level, closing at 20837 for the Futures. Today despite the Dow hitting above 10,500, the HK market cannot even go past the resistance at 20970. (at least of my writing now at 1030hr) clearly shows that one need to be very careful on the long side.

I have gave and shared some gentle reminders and some thoughts with my fellow graduates on SKYPE that I am booking out from the market now and its good to join along. I think this current upside trend is near its last lag for the time being, it is time to take from the table and sit and wait or do some small shorting.

Many people on the forum are trying to go into the market today, from the way, they are writing (of course, they might be just TCSS only) because they felt that the price keep creeping higher but they are not involved thus it seem rather ’stupid’ not to be involve….but if thats the true then its where I always share with people of my 4 trading philosopy of mine.

” If everyone is expecting the market to go higher, thus everyone buy and did a transaction .. but yet the price is not moving… clearly spell trouble because the other key part to make a transaction complete is someone must sell. If the buyer have expectation but yet the market doesn’t give that then.. by the end of the day, the chain reaction will be disappointment next to come”

I hate being disappointed although I love to sell at absolute high but once again, 13years of experiences tells me that it is not possible and more importantly, follow my rules to trade. As long as make money, one should be contented and await for the next round. Once Euro hits 1.3028, I am billing out from this currency too and will rest and re-look again.

May everyone have a great trading day ahead.

This is Kelvin Han, V3Go System Originator, signing off, cheers! 

Disclaimer applied.

Good Morning,

Over the weekend, I shared with some of my foreign friends about Genting when they asked me about it and its prospect. I shared with them that, in my honest opinion, this stock should be testing S$1.26 by this week. I am very bullish on this stock in the long run and I target it to hit S$1.50 by next year, March 2011 as I have confident about its growth and the recovery of the World’s economical health.

Of course, this is my personal target. Disclaimer applied. Cheers!

Kelvin Han
V3Go System Originator