ParkwayLife Reit - Buy at 3.12 Stop Loss at 2.99

Today buy ParkwayLife Reit 3000 @ 3.12

Stop loss @ 2.99

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.

UMS - Power Up by Good Result

Phrases of Famous Traders

Wilmar - Breakout after Result Release

Wilmar breakout today after its result release.  Likely to go sideways after such a huge breakout as many sellers are attracted to this kind of big long honey bullish bar.

'SINGAPORE (May 12): CGS-CIMB is reiterating its “add” call on Wilmar International with an unchanged target price of $4.58, representing a 29% upside for the counter. 

This comes despite a relatively weaker set of results for 1QFY2020 ended March delivered by Asia’s leading agribusiness group on May 11. Wilmar’s earnings slipped 12.7% to US$224.3 million (S$316.7 million) from US$257.0 million the previous year on the back of mark-to-market losses on investment securities. '

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 Top 10 Traded ETF

Mapletree Log - Continue Its Uptrend Movement

Mapletree Logistics is a much easier reit to follow its uptrend as the trend line are straight forward.  Again, don't forget to move your stop loss higher as it move higher.

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.

Develop a Frugal Habit

Mapletree NAC - Short-Term Bullish

Dow Jones - Trending Up for the Short-Term

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.

Identify The Strong and Weak Stock Trend

Just checking the strong points between Medtecs Intl vs AEM.  Two weakness can be found in Medtecs Intl as compare with AEM.  Medtecs 1st weakness is that there is a resistance found and 2nd weakness, the current bar is not a full bullish bar.  Medtecs likely to pull back on Monday.

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.