Man.. Its lots of holdings, haha.. many have told me its not a good thing. I fully understand the cons behind holding a diversified portfolio, but at that point in time, I wasn't that confident with the situations, thus I feel a diversified portfolio will be less risky. Anyway, I will give a brief technical summary of my stocks in alphabetical order. Note that the levels for support are just prediction. I wont follow it as I'm a trend follower and I will wait till it reverses before I sell.
AdvSCT
- 12d EMA crosses 26d EMA
- breakout $0.91 level
- Clear uptrend and will test resistance of $0.935, with $1.01 being the next level
- At the moment, it is still 23.36% off the peak of $1.22
- Cut loss trigger placed at $0.855 as of Friday's closing
AsiaEnv
- 5d EMA waiting to cross 12d EMA
- Trading sideways
- Looks like a controlled counter
- Sustaining at a level above $0.67 is crucial
- At the moment, it is 33.22% off the peak at $0.935
- As this is reccommended by my bro, I have no cut loss
Boustead
- Uptrend
- Resistence at $2.45
- TA should be thrown out of the window as volume is low
- Resilent stock that just needs catalyst (news) to push it up
- At the moment, it is at a new high as it recovered from the correction.
- Cut loss at $2.29
CAO
- 12dEMA converging with 26dEMA
- Breakout from recent consolidation
- At the moment it is 20% off its high of $3.20
- Should test $2.78 before testing its high of $3.20
- Should surge during the next week.
- Cut loss at $2.29
CWT
- Uptrend in place
- Showing signs of consolidation
- Currently making new highs
- Cut loss at $1.21
Federal
- Uptrend albeit with lesser momentum
- At the moment, its is 7.4% off its high of $0.94
- Might consolidate next week
- Cut loss at $0.775
FerroChina
- Uptrend
- Strong momentum
- At the moment, it is 17.7% off its high of $2.88
- Will continue its surge next week
- Might test $2.88 by end of next week
- Cut loss at $2.175
FJBen
- Uptrend
- Recovered from correction
- Most probably surge till XD
- Cut loss at $0.845
Gold
- Uptrend
- Irregular trade might disturb charts
- Long term counter, no cut loss
HiapSeng
- Uptrend might end soon
- Selling pressure might trigger cut loss
- At the moment, it is 27.08% off its high at $1.20
- Cut loss at $0.785
Lyxor China H
- Uptrend intact
- Healthy momentum
- Surge will continue
- Cut loss at $20.97
MiddleEastD
- Showing uptrend due to breakout
- At the moment, it is 47.7% off its peak of $0.45
- Need to sustain at $0.235 with significant volume
- Test $0.245, then $0.270.
- Cut loss at $0.20
MMP Reit
- Sideways trading
- Good for range trading between $1.25 and $1.20
- No cut loss as this is a long term counter
OKP
- Uptrend although might consolidate
- Have to test resistence at $0.90
- At the moment, it is 17.78% off its peak of $1.03
- Cut loss at $0.765
Pac Andes
- Consolidation might have ended
- Must at least sustain at a level above $0.77, with next level at $0.86
- At the moment, it is 26.67% off its peak of $1.05, even though it isnt accurate as that is pre-rights scenario. A more accurate "peak" would be at $0.86
- Cut loss at $0.715
Rotary
- Uptrend
- Recovered from correction
- Poor momentum
- Cut loss at $1.29
Soilbuild
- Slow uptrend
- At the moment, it is 26.37% off its peak at $1.82
- Momentum picking up
- Main resistence at $1.47 and $1.6
- Cut loss at $1.25
STI ETF
- Uptrend
- Long term, so dont really bother and no cut loss as well
Swissco
- Uptrend
- At the moment it is 9.33% off its peak at $1.50
- Cut loss at $1.22
Tiongwoon
- Uptrend but going through a small consolidation phase
- Most probably resume surge next week
- At the moment, it is 11.9% off its peak at $1.26
- Cut loss at $0.98Labels: advSCT, AsiaEnv, Boustead, ChinaAviationOil, CWT, Federal, FerroChina, FJBen, Gld10US$, HiapSeng, LyxorChinaH, MiddleEastD, MMPReit, OKP, PacAndes, Rotary, Soilbuild, STI ETF100, Swissco, TiongWoon |
