Lion Philip S-Reit ETF - 26 Feb 2021

Lion Philip S-Reit ETF in a down trend channel.  

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Alibaba - 26 Feb 2021

DLC Long Alibaba DNFW

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

AIMS APAC - 26 Feb 2021

AIMS APAC at resistance area.  Attempt to break resistance on 2 and 9 Feb failed and going into consolidation for the next fight between bulls and bears.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Lion OCBC Sec HSTech ETF HST - Watching To Catch the Reversal

Last week tech sell down offers an opportunity to accumulate the Lion OCBC Sec HSTech ETF HST which is an ETF for the 30 largest technology companies in Hong Kong.  

Will be watching to accumulate on rebound.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

STI - Looking Stable

STI looking stable, maybe due to lack of technology stocks in the STI index.  Anyway, watch out for any support line break.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Dow Jones - Entering The Buy Zone

DJII had enter the buy zone area.   Watch for the bounce back from the support line to buy and remember your stop loss.  Probability higher but technical is never guarantee.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

FTSE ST Tech - Tech Stocks Sell Down

FTSE ST Technology Index went down due to the yield curve rise fear as it will cause interest rate to rise.  Interest rate rise will increase business borrowing cost which impact business expansion.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Wilmar - Extra Ordinary Result But Price Not Moving

Wilmar International FY2020 net profit surges 18.6% to US$1.53b

Its revenue for FY2020 increased 18.5% to US$50.53b.

Agribusiness group Wilmar International recorded an 18.6% increase in its FY2020 net profit to US$1.53b, on the back of a robust performance across all core segments, the company announced.

The group’s revenue also increased 18.5% to US$50.53b in FY2020 due to strong volume growth, firmer commodity prices, and consolidation of food manufacturer Goodman Fielder’s results.

Wilmar International is also set to hand out its highest total cash dividend since listing at 19.5 Singapore cents per share for FY2020 amidst the group’s recorded net profit for the full year.

Technically, if Wilmar continue to hover around 5.40 for the next few bars, it is likely to test the support at 4.90.   Either it rebounce back from 4.90 and break new high or it continues to falls to 2nd support of 4.20.  Lets watch how the smart monies going to play it.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Hang Seng Index - Stamp Duty Increase Sell Down

Hong Kong unveiled its first stamp-duty increase on stock trades since 1993, sparking a broad selloff in the US$7.6 trillion (S$10 trillion) market and sending shares of the city’s exchange to their biggest plunge in more than five years.

The planned trading-tax increase to 0.13 per cent from 0.10 per cent was part of a raft of new measures announced in Hong Kong’s budget that included increased spending to help residents weather the pandemic. Even as the city’s economy has plunged over the past year, stock prices and turnover have surged amid a global market boom.

Technically, HSI had risen too much and the stamp duty increase give the smart monies a nice reason to sell down their HK shares.  Personally, I view this as temporary sell off as it is like our GST hike, overtime, traders will start trading again as they forgot about the increases.

HSI 5xLongSG230420 (SGX: CWAW)

HSI 5xShortSG230420 (SGX: CXQW)

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Sheng Siong - Good Result But Neither Up nor Down

SUPERMARKET operator Sheng Siong on Wednesday posted a net profit of S$32.1 million for the fourth quarter ended Dec 31, up 84.9 per cent from S$17.4 million a year ago.

Riding on elevated demand driven by the pandemic, revenue rose 28.8 per cent to S$319.3 million from S$247.9 million in Q4 2019. The increase was attributed to better performance at existing stores (18.2 percentage points) and new stores opened in 2020 (10.6 percentage points).

Sheng Siong announce good result but price neither rise or falls as it is not expected to perform that well again as per during the locked down.   

Many stocks that rise during the COVID-19 locked down are under selling pressures as many are overvalued. 

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

SIA - Flying High

SIA unexpectedly bullish today due to its resumption of daily non-stop services to its main US destinations reflects a strategic rather than commercial decision in line with an overall desire to steadily increase capacity at Changi Airport despite little or no improvement in demand.

SIA last month upgraded its non-stop New York, Los Angeles and San Francisco routes to daily, resulting in 21 weekly non-stop flights to the US.

https://www.channelnewsasia.com/news/commentary/singapore-airlines-sia-sq-flight-schedule-us-cargo-direct-14255226

The bulls are climatic today and it need to keep its buying momentum tomorrow in order to fight back the bears as it hit the upper resistance line which the bears see it as an opportunity to shorts.

SIA chart still look bullish since Nov 2020.  The massive vaccination globally could have keep the bullish momentum for SIA as it meant that countries are very likely open for travelling.  Stock market are always forward looking 6 months ahead of time.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

AEM - Tech Sell Off Day

Today, tech relevant stock like AEM under sell off due to overvaluation fear or profit taking.

AEM still look safe, no major gap down to disrupt the uptrend line.  However, need to be cautious as any break of lower channel need to cut loss.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Haw Par - Long Powerful Trend

Solid Result = Solid Trend UP.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

STI - 19 Feb 2021

STI sideways for almost 11 years.  

So what does it mean?

Sell around 2900

Buy around 2700

About 200 points difference you can trade around with.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Yeo Hiap Seng - 19 Feb 2021

BEVERAGE player Yeo Hiap Seng (YHS) recorded a S$3.3 million loss for H2 ended December, as sales took a hit from the impact of Covid-19. This reversed the S$3.1 million net profit from a year ago.

Nevertheless, the firm has recommended a final dividend of S$0.02 per share for FY2020, with the option to receive the dividend in scrip.

---

Technically, YHS start its long downtrend movement from 2013 till 2021.  

Close at 0.77 which is back to the past price in 1995.

Best to avoid this stock.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Starhub - 19 Feb 2021

StarHub has posted earnings of $36.1 million for the 4QFY2020 ended December, 3.5% higher than earnings of $34.9 million in the corresponding period the year before.

The growth was mainly due to higher other income of $13.4 million from the $1.9 million in 4QFY2019, which came from payouts from the job support scheme (JSS) and higher income grant.

That said, the higher earnings met or exceeded expectations against a guidance that was last updated in August 2020.

FY2020 earnings stood 15.2% lower at $157.9 million, from $186.3 million a year ago.

For the 4QFY2020, the group has recommended a proposed final dividend of 2.5 cents per share, bringing the total dividend to 5 cents per share for the FY2020.

In comparison, StarHub paid out a total of 9 cents per share in FY2019.

The total dividend for the year represents a payout of 80%, in line with StarHub’s dividend policy.

Looks like the worst over for Starhub.  

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Sri Trang Agro - 18 Feb 2021

SHARES of Thailand-based rubber producer Sri Trang Agro-Industry (STA) climbed on Thursday after the company announced a solid set of financial results for its fourth fiscal quarter ended December 2020, and a sizeable dividend. It intends to pay 1.75 baht per share, or the equivalent of S$0.07658 per share.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Tencent - 17 Feb 2021

Tencent current trend is bullish.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Suntec - 17 Feb 2021

Suntec in sideway movement.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Sunny Optical - 17 Feb 2021

Sunny Optical uptrend in progress.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Straits Trading - 17 Feb 2021

Straits Trading uptrend in progress.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Stamford Land - 16 Feb 2021

Stamford Land still in uptrend.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

ST Eng - 16 Feb 2021

ST Engineering uptrend intact.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

SPH Reit - 16 Feb 2021

SPH Reit still in uptrend.  Seem like a slow rounded up.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

SingReInsurance - 16 Feb 2021

SingReInsurance in mini uptrend.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Singpost - 15 Feb 2021

Singpost downtrend continuation.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Singapore O&G - 15 Feb 2021

Singapore O&G in a bullish cup and handle.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Sing Inv & Fin - 15 Feb 2021

Sing Investment & Finance in consolidation.  Uptrend intact.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Sin Ghee Huat - 15 Feb 2021

Sin Ghee Huat in a downtrend.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

STI - 11 Feb 2021

STI in consolidation.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Dow Jones - 12 Feb 2021

Dow Jones continues its up channel.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Singtel - 11 Feb 2021

Singtel no bearish movement when announce drop in Q3 operation revenue.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

SATS - 11 Feb 2021

Never gap down even though SATS reported records $2.8 million net loss in Q3.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Sheng Siong - 10 Feb 2021

Sheng Siong still under going normalization.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

SGX - 10 Feb 2021

SGX bulls still in control of the uptrend.  

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Serial System - 09 Feb 2021

Serial System stale movement.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Sarine Tech - 09 Feb 2021

Sarine Technology uptrend hit a brakes by a double top.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Riverstone - 09 Feb 2021

Riverstone normalization process still ongoing.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

QAF - 09 Feb 2021

QAF will the bulls failed and form a double top?

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

ParkwayLife Reit - 08 Feb 2021

ParkwayLife Reit bulls are strong.  However, the bulls did not managed to break the previous high and it now forms a 2nd head which is a cause for concern.  Skip.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Old Chang Kee - 08 Feb 2021

Old Chang Kee overall trend down.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

OLAM - 08 Feb 2021

OLAM overall trend is still down.  Immediate trend is up.  Skip.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

OCBC - 08 Feb 2021

OCBC forming a 2nd bullish flag pole.  

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

NikkoAM STC Asia Reit ETF - 05 Feb 2021

NikkoAM  STC Asia Reit ETF was in control by bears for 9 days.  Last 3 bars, the bulls and bears ended almost equally.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

STI - 05 Feb 2021

STI in a descending triangle.  Technically, traders stay away from such unclear signal.  Bears are control for 11 days.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Lion OCBC Sec HSTech ETF HST - 05 Feb 2021

Lion OCBC Sec HSTech ETF HST uptrend continuation.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

SPDR S&P ETF S27 - 05 Feb 2021

SPDR S&P ETF S27 uptrend continuation.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.