MarcoPolo Marine - Know The Sell Resistance

As penny stocks are now in play, if you wish to trade it, better draw each resistance so that you can profits quickly, as penny stocks are pump up and then press down quickly.

AusGroup - Fast and Furious

2 gap up within 3 days.  AusGroup being pump up too fast and furious, likely to get a technical correction. 

YZJ Shipping - Uptrend Still Ongoing

As long as the trend line is not broken, just tag along with the smart monies.

Trend following is about not using your brain.

Some ask what happened if we join the trend now and it turn?

Answer is no choice, have to cut loss and look for another trending stocks.  Trading is about taking risk and cutting losses.  We can never know at which point smart monies want to U turn the stocks.  We can only learn to managed our risk and preserve our capital to fight another day.

China Aviation - Watch for Break Out as Oil Price Rises

With Oil price rising, China Aviation looks good for a break out.

Singtel - Narrowing Upper and Lower Channel

Narrowing upper and lower channel but so far still trending up.

STI ETF - Sudden Bearishness Due To US IRAN Tensions

Dow was up 330 on Thursday which is the first trading day of 2020.  Investors was cheering.

Suddenly, Friday the 2nd trading came the US IRAN tensions.

This again remind us that stock market sentiments can change quickly within a day.  Therefore, always NEVER use up all your warchest at one go even though you feel that the Dow is hitting 30,000 soon due to the US and China trade deal.

The trading on Monday and Tuesday then we can determine if market uptrend have change.

ST Eng - A Dump Failed Trade

Sometimes our brain like to play smart and not follow the chart.  This is a situation where I bought ST Eng at 4.02 on 10 Dec 2019 before I went for my Eastern Europe holidays.  After my holidays, I sold it at a loss at 3.95.  Then the next day, it went up back to 4.02. 

Looking back, its really a dump as the previous was a long bearish candle.  Reminder for myself not to trade bearish candle in future, right method is to let the bearish candle complete before making the trade.  The correct trade will be after the 8 or 9 candle to be safe.

Really, trading can be frustrated when such bad trade happened, however, just need to accept it and move forward.

SGX - Pump Down By US vs IRAN Tensions

Singapore Exchange was pump down as tensions between the US and IRAN rises.

Need to monitor the next few days candle to see if it break the long-term up-trend.

SunMoonFood - In A Trading Range

Current Market: (1)
(1) Bullish
(2) Bullish but cautious.
(3) Bearish
(4) Bearish turn bullish.

Stocks / Reits / ETF Movement: (3)
(1) Uptrend
(2) Dowtrend
(3) Sideways

Trading Strategy: (4)
(1) Buy and hold long-term with trailing stop.
(2) CFD / DLC (available for certain stocks only) Shorting
(3) Average down and collect dividends.
(4) Short-term trading.

Penny stocks day in the Top 30 list.

SunMoonFood is now in a sideway trading range.

Broadway Ind - Three White Soldier Then Three Black Crow

Current Market: (1)
(1) Bullish
(2) Bullish but cautious.
(3) Bearish
(4) Bearish turn bullish.

Stocks / Reits / ETF Movement: (1)
(1) Uptrend
(2) Dowtrend
(3) Sideways

Trading Strategy: (4)
(1) Buy and hold long-term with trailing stop.
(2) CFD / DLC (available for certain stocks only) Shorting
(3) Average down and collect dividends.
(4) Short-term trading.

Penny stocks in SG can only be for short-term trading unless you know the company fundamental inside out.