Money Sense


Tuesday, November 4, 2008

JPMorgan CEO Sees 'Challenging' 2009

Inside Business: Swiss Re Posts 3Q Loss

4th Nov Quick Updates

4th Nov
1. SingPost buy at $0.745, high at $0.78, +4.69%
(MACD crossover, broke peak.)
*Dividend of 1.25 cents per share on 28th Nov.

Short-term target: $0.825
Cut-Loss: $0.685

Tuesday, August 19, 2008

Thursday, July 3, 2008

3rd July Quick Updates

27th June
1. ChipEngSeng buy at $0.425, sold at $0.395, -7.05%
(MACD dangerously kissing at lows)

10th June
1. YangZiJiang buy at $0.98, sold at $0.95, -3.06%
(9th June showed 1st red bar, key sell on second day)

3rd June
1. SingTel buy at $3.67, sold at $3.72, +1.36%

Tuesday, June 3, 2008

3rd June Quick Updates

3rd June
1. SingTel buy at $3.67, sold at $3.72, +1.36%

*Today's trade lowest was $3.65 very near my cut-loss. Took profit first because of short-term trading and djia -140points last night. Will monitor if can get Singtel cheaper at $3.61 to $3.65 soon..

2. ChipEngSeng buy at $0.425, high at $0.425, +/-0%

1st Target: $0.465
2nd Target: $0.49
3rd Target: $0.515
Cut-Loss: $0.39

3. YangZiJiang buy at $0.98, high at $1.00, +2.04%

Reason I bought today was because MACD shows narrowing gap.

1st Target: $1.05
2nd Target: $1.13
3rd Target: $1.21
Cut-Loss: $0.91
_____________________________________________________


SMRT: Will retrace back to $1.70 to $1.71 before uptrending resumes?

ChipEngSeng: Looks like its time to load up on ChipEngSeng @ $0.425

ComfortDelGro: To collect at $1.59

Yanlord: In my radar

Huat ah...

Sunday, June 1, 2008

My Weekend Thoughts

1. Yanlord

Trading between $2.14 to $2.63 range. Good entry point on this coming monday would be $2.14, setting a cut-loss price of $2.07 should minimise loss while preserving capital. Watch out for MACD crossover, huge volume, rising RSI and Stochastics should be included.
Exiting at $2.63 from the mentioned entry price should bring a tidy profit of 22.89%
Monitor this counter the next few trading days.

2. Yangzijiang

Good entry price at $0.895. Set cut-loss at $0.83 should the market turn nasty. First expected target price of 61.8% fibonacci retracement at $1.05, second target of 50% at $1.13, third target of 38.2% at $1.21. My RSI of 14 days has shown positive growth in the oversold region accompanied by a whopping 19.6 million volume. Friday's candlestick showing a doji sign, but, starting to move away from the lower bollinger band.


Note * This is not an inducement to trade. The publisher is not responsible for any losses or gains incurred.

Friday, May 30, 2008

30th May Quick Updates

29th May
1. SingTel buy at $3.67, high at $3.81, +3.81%

*Very close to my 1st Target price to exit. Will monitor closely.

Thursday, May 29, 2008

29th May Quick Updates

29th May
1. SingTel buy at $3.67, high at $3.72, +1.36%
(MACD crossover with heavy volume, RSI very undersold, stochastic climbing)

61.8% retracement at $3.651
50% retracement at $3.76
38.2% retracement at $3.869
23.6% retracement at $4.003

1st Target: $3.86
2nd Target: $4.00
Cut-Loss: $3.64

Give allowance of 3 to 5 bids.

Friday, April 4, 2008

4th April Quick Updates

4th April
1. Wilmar buy at $4.00, sold at $4.40, +10%
Target price met, execute action. Pls refer to post at 27th March for more details.

Thursday, March 27, 2008

Tuesday, February 12, 2008

12th Feb Quick Updates

12th Feb
1. Sinomem buy at $0.85, sold at $0.87, +2.35%
(Intra-day trading - 4r1g)
2. SSH Corp buy at $0.295, sold at $0.305, +3.38%
(Intra-day trading - macd crossover, above m.a. )
3 Eng wah buy at $0.97, sold at $1.08, +11.34%
(Intra-day trading - rsi climbing, above m.a. )


24th December
1. Abterra buy at $0.125, sold at $0.14, +12%


24th December
1. Abterra buy at $0.125, high at $0.14, +12%


5th December
1. Baker Tech buy at $0.39, high at $0.395, +1.28%
2. Baker Tech buy at $0.355, high at $0.395, +11.26%
3. BBR buy at $0.10, high at $0.11,
+10%


Lesson learnt. Sell in strength. Market always gives a second chance.