Thursday, 23 October 2014

Ezion Limited

I refer to my last trade in Ezion Limited where i didn't abide my own trading rules and have to "pay school fees" ^_^.

Today i entered the same position again at 1.50 with an initial cut loss below 1.42.

At the point of my entry, the first target was 1.58-1.62 and the second target was 1.66-1.70. Now that the price has moved up, the cut loss should move to around 1.51 thereabouts.

I also want to say that this will probably be my last end of day "live" trade post as my busy work and travel schedule is having a toil for me to blog live at the same time. I will share more about my thoughts in a separate post in SRS Fund.

Happy trading 

Monday, 13 October 2014

Ezion Limited

Entered this trade today for a short reversal swing trade at 1.59 today. The candle stick pattern is belt-hold.

First Target around 166-170 and Second Target around 172-176. Cut loss around 154.

Monday, 8 September 2014

Super Group Ltd

Entered this stock today at $1.365. First target is the gap around $1.44 to $1.48 and the second target is around $1.50 to $1.54

The cut loss will be around $1.33

Happy trading.

Just to share on my earlier trades.

Happy trading.

Wednesday, 20 August 2014

RH Petrogas and 2 "live" trading practical tests for you!

Entered this transaction at 79 today. My gut feel is that this stock is about to run with the Bollinger Band tightening and increased in volume. First target will be between 85-90c with a cut loss around 70c.

There are a few other counters with interesting set ups which i observed. I list some of them below for your own 'training'. You will have to learn how to fish them yourself but master the basics of cutting loss is absolutely necessary before you embark on the trading journey.
  • Biosensors showing a nice doji with volume at 72.5c. It allows for a counter trend trade with a tight cut loss. Assuming i enter at 72.5c, you tell me what is the target for this rebound and the cut loss level. You can either leave your comments here or in my facebook page.
  • Rex International allows for a counter trend trade and a tight cut loss as well. Assuming I enter at 59c, what would be the target and cut loss level.

Happy fishing.

Tuesday, 12 August 2014

Halcyon Agri and Kris Energy

Entered two trades today. Halcyon Agri. Enter at 83c. First target around 88-90 and second target around 93-95. Cut loss below 78c (i am giving it more lee way).

Enter around 75. First target 78-80c. Second target around 83-85. Cut loss below 70c.

Saturday, 28 June 2014

Global Logistics

Entered this trade on Friday at $2.68. First target around 277-280 and second target around 285-288.  Cut loss below the 260 thereabouts.

Fundamentally the stock should ride on the e-commerce success in Asia, especially China and the company has many analysts with buy calls on it and target price >$3. However, the valuation is too rich for my liking. For this space, I prefer CWT and is looking to enter CWT for my SRS account for a longer term play.

Happy trading.

Friday, 23 May 2014

Sino Grandness

Executed a trade at 66.5 cents this morning. First target 70-72c, followed by 74-78c. Cut loss below 64 thereabouts.

The counter is really "good value" and would have qualified for a fundamental buy except that it is a China stock and you know lah... my bad experience in S-Chips. 

I will just trade it instead.

Happy trading.

Monday, 10 February 2014

RH Petrogas

Entered this trade at 55 cents today. First target 58c-60c and second target around 62c-64c.

Cut loss below 50c for now.

Happy trading.
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