Browsed by
Tag: technical analysis

Sri Trang Agro (SGX:NC2) – My Technical Analysis (13 July 2020) (Guest Post)

Sri Trang Agro (SGX:NC2) – My Technical Analysis (13 July 2020) (Guest Post)

One of the most hotly traded Singapore-listed companies of late is Sri Trang Agro-Industry Public Company Limited (SGX:NC2), due to the overwhelming demand for rubber gloves in light of the Covid-19 pandemic, where its subsidiary, Sri Trang Gloves (Thailand) Ltd, is the largest glove producer in Thailand and is ranked among the world’s leading glove producers.

This post was originally posted here. The writer, Lim Jun Yuan is a veteran community member and blogger on InvestingNote, with username known as ljunyuan and has 1241  followers.

Disclaimer: Whatever you may read in this post is my sharing for educational purposes only. It does not represent any buy/sell recommendation for the company’s shares. Also, at the time of writing, I am not trading in the shares of Sri Trang Agro.

So, how is the company’s share price going to move in the near-term? In this post, I’ll be sharing with you my technical analysis of the company’s share price movement (on a daily timeframe), which I hope you’ll find useful.

Sri Trang Agro’s Share Price Movements since January 2011

First up, let us look at the company’s share price movements (on a daily timeframe) since January 2011:
Share Price Movements of Sri Trang Agro since January 2011 till Time of Writing (on a Daily Timeframe)

The company’s share price slipped from a high of $1.27 in January 2011 to a low of S$0.40 in April 2016 – a fall by 68.5% over 5 years. Its share price then started to recover thereafter to S$1.00 in January 2017, before dropped back down to S$0.40 in April 2020 before skyrocketing to a high of S$1.75 in July 2020.

Read More Read More

The 50 Day Moving Average Trading Strategy Guide (Guest Post)

The 50 Day Moving Average Trading Strategy Guide (Guest Post)

Here’s the deal: There are endless possibilities when it comes to moving average. You’ve got the 50 day moving average, 100 day moving average, 200 day moving average, etc. So you’re wondering: “Which is the best moving average?” Well, there’s no best moving average out there because it doesn’t exist (as it depends on your objective current market structure).

Read More Read More

The Hammer Candlestick Trading Strategy Guide (Guest post)

The Hammer Candlestick Trading Strategy Guide (Guest post)

The Hammer candlestick pattern is a powerful entry trigger. If you were to trade it, your stop loss is at least the range of the Hammer (or more). But won’t it be great if you can reduce the size of your stop loss and improve your risk to reward?

This post was originally posted here. The writer, Rayner Teo is a veteran community member and blogger on InvestingNote, with username known as Rayner and has 310 followers.

According to most textbooks:

Whenever you spot a Hammer candlestick pattern, you should go long because the market is about to reverse higher.

And that’s what you do.

But the next thing you know…

The price immediately reverses and you get stopped out for a loss.

And you wonder to yourself:

“Wait a minute, isn’t a Hammer candlestick a bullish signal?

“Why did the market reverse against me?”

“What’s going on?”

Well, let me tell you a secret…

A Hammer candlestick pattern doesn’t mean jackshit (and I’ll explain why later).

But first, let’s understand what a Hammer candlestick pattern is about…

What is a Hammer candlestick pattern?

A Hammer is a (1- candle) bullish reversal pattern that forms after a decline in price.

Here’s how to recognize it:

  • Little to no upper shadow
  • The price closes at the top ¼ of the range
  • The lower shadow is about 2 or 3 times the length of the body

And this is what a Hammer means…

  1. When the market opens, the sellers took control and pushed price lower
  2. At the selling climax, huge buying pressure stepped in and pushed price higher
  3. The buying pressure is so strong that it closed above the opening price

In short, a hammer is a bullish candlestick reversal candlestick pattern that shows rejection of lower prices.

Now, this is important.

Just because you see a Hammer candlestick doesn’t mean you go long immediately.

Here’s why…

The truth about Hammer candlestick (that most gurus don’t even know)

Are you ready?

Here you go…

  1. A Hammer is usually a retracement against the trend
  2. The Hammer doesn’t tell you the direction of the trend
  3. The context of the market is more important than the Hammer

Let me explain…

Read More Read More

How to spot good entry & exit points when trading?

How to spot good entry & exit points when trading?

Missed out on good trades recently?

Finding it hard to identify entry & exit points when trading?

Looking beyond Singapore, to hot markets like Hong Kong & US stock markets?

Then this service: Charting to Profits – High Probability Trades by Ong Bee Heng, is the one for you at a very affordable price.

Receive timely chart analysis and trades setup from Bee Heng, through an exclusive private chatgroup broadcasting.

Using a systematic approach to analyze the stock charts by combining different methods of analysis, Bee Heng is able to get consistently high probability of favorable trade outcomes, with a 60% – 70% profitable rate.

Being a market professional and a trader, he spends long hours monitoring the stock markets and have an acute sense of the stock markets. As a subscriber, you’d get timely opportunistic alerts and warnings essential for good trades.

Combining exclusive, timely access and precise trading setups, you’d know the top trading opportunities every week, with exact entry and exit points. This means getting on and off the big boat before and after it takes off.

✔ Find The Best Stocks Weekly To Trade By Identifying And Cherry Picking The Best Stocks
✔ Reduce Your Time And Effort To Screen Stocks And Opportunities in SG, HK & US markets
✔ Maximize Your Trading Returns Consistently
✔ Know How The STI Is Expected To Perform
✔ Get timely updates through live broadcast messaging
✔ Acquire Bee Heng As A Mentor

This service is rated 4.5 stars!

Become a sharper trader today and still get 25% OFF every month.

obh-cny

Use promo code: CNY25

Subscribe to this service here: http://bit.ly/25CNYCTP…

Also, check out the upcoming IPO Elite Commercial REIT here.

Become a part of our community and also see what other investors are saying about the current market right now: (click on the view now button)

button_view-now


InvestingNote is the first and largest social network for investors in Singapore. Find out more about us here.

Download our free app here:

apple   android

Upcoming Workshop: Applying The Multiple Time Frame Analysis To Stocks

Upcoming Workshop: Applying The Multiple Time Frame Analysis To Stocks

What Is Multiple Time-Frame Analysis?

Multiple time-frame analysis involves monitoring the same currency pair across different frequencies (or time compressions). While there is no real limit as to how many frequencies can be monitored or which specific ones to choose, there are general guidelines that most practitioners will follow.

Typically, using three different periods gives a broad enough reading on the market, while using fewer than this can result in a considerable loss of data, and using more typically provides redundant analysis. When choosing the three time frequencies, a simple strategy can be to follow a “rule of four.” This means that a medium-term period should first be determined and it should represent a standard as to how long the average trade is held. From there, a shorter term time frame should be chosen and it should be at least one-fourth the intermediate period (for example, a 15-minute chart for the short-term time frame and 60-minute chart for the medium or intermediate time frame). Through the same calculation, the long-term time frame should be at least four times greater than the intermediate one (so, keeping with the previous example, the 240-minute or four-hour chart would round out the three time frequencies).

This method can also work for the stock market, and this technical analysis workshop for intermediate traders will show you how.

mfta

In this workshop, you’ll learn about:
✔ Understanding the types of markets and how it impacts your strategies
✔ Incorporating different timeframes into your trading to maximise your trades
✔ The one most important thing that professionals use to test their and verify their strategies
✔ How to utilise two simple technical analysis tools effectively that usually outperform complicated tools
✔ Habits and daily regimes of successful traders that every trader needs to know and follow

There will also be live chart trading examples to highlight the importance of multiple time frame analysis, that can be applied for the stock market.

You can look forward to upgrade your trading skillset in this 3-hour workshop on 2 Nov, Saturday 10am – 2pm.

This exclusive event is free to attend and sponsored by City Index.

Register now, come later! 

button_register-here


InvestingNote is the first and largest social network for investors in Singapore. Find out more about us here.

Download our free app here:

apple   android

ISOTeam trades near 4 year low despite record order books and bright outlook (10 Jan 19) (Guest Post)

ISOTeam trades near 4 year low despite record order books and bright outlook (10 Jan 19) (Guest Post)

ISOTeam (“ISO”) caught my attention. Despite sitting on a record order book, ISO has tumbled approximately 44% from an intra-day high of $0.385 on 10 Apr 2018 to close near a four year low at around $0.215 on 10 Jan 2019. The share price decline was attributable in part to its 4QFY18 surprise loss announced in Aug 2018 (financial year ends in Jun). Nevertheless, my gut feel is that 4QFY18 should mark the trough in earnings and results should improve on a quarter on quarter basis in the next few quarters.

Image result for isoteam

This post was originally posted here. The writer is a veteran community member and blogger on InvestingNote, with username known as el15, with more than 200+ followers.

As this company is a potential turnaround play, I have arranged a 1-1 meeting with Mr Anthony Koh, Executive Director and Chief Executive Officer and Mr Richard Chan, General Manager (collectively, “Management”) last month. First, a description of ISO…

Description of ISO

ISO has grown from a company doing repairs and redecoration (“R&R”) & addition and alteration (“A&A”) projects in 2014 (when I first met them) to a multi-disciplinary company which provides complete solutions to the built environment. See Figure 1 below for its business segments.

Fig 1: ISO complete solutions provider

Source: Company

Key takeaways from the meet-up

1.4QFY18 loss was due to several factors, some of which are unlikely to be repeated

ISO reported a 4QFY18 net loss of S$2.0m in Aug 2018. Overall, FY18 net profit dropped 71% from S$6.4m in FY17 to S$1.9m in FY18. This drop was mainly attributable to the following factors, some of which are likely to be one off:

Read More Read More

How To Use Trend Line Correctly! (Guest Post)

How To Use Trend Line Correctly! (Guest Post)

This post, How To Use Trend Line Correctly! was originally posted here. The writer is a veteran community member on InvestingNote, with username known as Rayner.

Trend Line is one of the most versatile tools in trading.

You can use it in day trading, swing trading or even position trading.

However, most traders get it wrong.

They draw Trend Lines looking like this…

I know I’m exaggerating, but you get my point.

That’s why in today’s post, you’ll learn:

  • What is a Trend Line and how does it work
  • How to draw a Trend Line correctly (that most traders never find out)
  • How to use Trend Line to identify the direction of the trend — and tell when the market condition has changed
  • How to use Trend Line to better time your entries
  • The Trend Line Breakout strategy
  • How to ride massive trends using a simple Trend Line technique
  • How to use Trend Line and identify trend reversal

Read More Read More

The Ultimate Trading Indicators Course (4 Powerful Trading Techniques) – (Guest Post)

The Ultimate Trading Indicators Course (4 Powerful Trading Techniques) – (Guest Post)

This video, The Ultimate Trading Indicators Course (4 Powerful Trading Techniques) was originally posted here. He is a veteran community member on InvestingNote, with username known as Rayner.

 

Here’s the thing:

Many traders claim indicators don’t work because it’s lagging.

But do you know the truth?

It’s not that indicators don’t work.

Rather, it’s the trader that don’t know how to use it, correctly.

That’s why in this special training, I’ll show you the secrets to using indicators profitably.

Read More Read More

Workshop Recap: 市场剧烈震荡,如何避免市场陷阱,实现稳定获利 | Stock Trading Workshop

Workshop Recap: 市场剧烈震荡,如何避免市场陷阱,实现稳定获利 | Stock Trading Workshop

We had our first workshop conducted in Chinese for our monthly workshop series last Friday!

Even though the workshop size is reduced, we still had a full house!

Conducted by Dr. Robin Han, this workshop offered a different perspective of trading in the market – using market psychology and game theory.

img-20180521-wa001220180518_201410

We’d like to thank everyone who attended and supported us through this workshop. We also hope all attendees had some great takeaways in which they can use in their own trading!

Check out Dr. Robin Han’s latest insights about the markets here.

To use Technical Analysis (TA) tools for free on our platform, check out this link.

For more information on how to use our platform as well as the charting tool tutorial (see #6), use this link.


Download our free top-rated app and you’d instantly be included in our mailing list for the latest happenings and workshops. It’s free and easy to do so!

We’re connecting investors for better investing outcomes.

Download our app here:

apple  android

Trading With Fibonacci – The Professional Way: Workshop Recap

Trading With Fibonacci – The Professional Way: Workshop Recap

Most of us are familiar with technical analysis indicators such as stochastic, MACD, RSI and moving average.

But do you know that these indicators are lagging in nature?

As they are derived from historical data, these lagging indicators sometimes give a trade signal only after the price had made a significant move.

The Fibonacci Retracement Tool is sometimes called leading technical analysis indicator because of its predictive nature, which gives advance notice on potential reversal levels and hence help in the timing of entries and exit.

screen-shot-2018-04-18-at-11-26-28-am

We had a technical analysis workshop on teach people how to use the Fibonacci Retracement Tool yesterday, conducted by a veteran community member and TA expert, Ong Bee Heng.

Read More Read More