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| Tuesday, July 31, 2007 |
| 31st July 2007 update |
Today isn't a good day for me, all my holdings are down. I've decided to post my analysis and hopefully get something out of it.
Tiongwoon.
Trend
5d EMA has crossed the 26d EMA with the 12d EMA going closer to crossing the 26dEMA. Sell trigger is on situations whereby 12d EMA crosses the 26d EMA. Trend at the moment dont look good as it seems to be reversing soon or going through a possible long consolidation phase. One positive to note is that the volume transacted since May 2007 has been decreasing till today. With lesser volume, it could be interpreted that a breakout might be imminent.
I feel reversal can be observed tomorrow, even though it might be a weak one due to macro issues. Consolidation phase might be over soon due to diminishing volumes. The only issue is that the MAs might crossover, triggering my sell signal.
Momentum
Looking quite awful and it should be the same for the majority of stocks. It showed indication of a pullback last Thursday before the selldown on Friday. There might be a possibility that contra players at this point burnt themselves with today being the "Force Selling" day. Judging from momentum, it does not seem to be over yet.
Market Strength
The MFI shows that it is falling and there are no indication of a turnaround.
Overall Verdict
Trend looks ok, even though it is close to selling signal. One thing to take comfort is from the decreasing volume since May. Momentum and Market is strength is understandably weak due to uncertainty in global markets. I will hold till tomorrow at least before making any decisions.
OKP
Trend
Since mid-July, it has already begun its consolidation state, so there is nothing much to worry about. Again, thinning of volume traded can be observed. This shows that not much shares are changing hands. This might mean that no one is willing to sell, at least at this low price. I have no idea when this consolidation will end, but I am quite confident that this trend will remain intact.
Momentum
Awful looking, but its within expectation
Market Strength
The MFI shows that it is falling and there are no indication of a turnaround.
Overall Verdict
Everything regarding OKP(technicals) is still looking healthy. A consolidation/correction is essential so that shares fall in longer term investors. More people holding means lesser shares available to change hands. This will lead to higher demand and thus push the price further up.
FerroChina
Trend
The gap down is slightly worrisome. Trends are still intact even though like TW, the 5d EMA has cut the 12d EMA. Volume seems to be high these few days and it seems worrisome as well. Longer term trends still look ok and it will resume its upward movement soon.
Momentum
Turned bad recently and this might be the beginning.
Market Strength
The MFI has reached 50% even though 1 positive point is that it is not falling as sharply as previous days. It might have reached the bottom of the "selling"
Overall Verdict
Good long term trends, lousy short term ones. Heavy selling recently doesn't help its cause. Momentum just turned sour, with market strength reaching 50% mark. This might mean that I entered at the beginning of consolidation but it might be recovering due to neutral movement of MFI. I shall just wait and see.
ChinaAOil
Trend
Good uptrend overall, even though it is consolidating now.
Momentum
Maybe its due to macro conditions, but the full wave of the momentum is getting smaller and smaller. A bigger correction in CAO might be coming soon.
Market Strength
Being below 50%, it is in a more oversold territory. Its MFI movement is rather sideways, thus might mean that it might be reversing up.
Overall Verdict
Absolutely beautiful trend. However, as each increase in price is getting smaller, it can be deduced (my own guess) that a correction of a bigger magnitude for CAO might be coming soon. Maybe, it can touch $2. 70. and maybe at that point, my selling signal will trigger and I can liquidate this position.
BrightWorld
Trend
Good uptrend, this is one stock that my entry point is near the ideal point, thus capturing the whole "meat" of the trend. At the moment, trend still looks healthy. Volume still decreasing and my guess is accumulation is still in progress.
Momentum
The mini-bull run of this stock recently is going to come to an end soon. Afterwhich we might observe a period of consolidation.
Market Strength
Suprisingly, the MFI has beeen increasing and has hit 80%. If it manages to hit 80%, it will continue to surge up till the point its overbought.
Overall Verdict
Good trend on decreasing volume. Price might surge sooner rather than later and it is further supported by the MFI. MACD however is indicating that momentum has waned. Again, momentum might not be a good indicator now as most stocks have high selling momentum now.
Seksun
Trend
Catching it at the point after its surge at the end of a consolidation, it is always risky if I'm too late into the trend. Volume shows no indication of investors holding on and it can go either way, even though longer trend is healthy.
Momentum
Quite weak. Might be affected by the market on the whole.
Market Strength
MFI turned south, most prob due to the overal market sentiment.
Overall Verdict
Healthy trends but volume exchanged does not indicate well enough that it should go higher up. This view is reinforced by MFI, which is turning south and MACD, which is cutting the signal line soon. All I can say is that it is a good trending stock which is suppressed by negative market sentiments.
BioTreat
Trend
Re-entered due as it triggered my buying signal. Like Brightworld, this is my 2nd stock that I have entered based on my buying signal. Most of the stocks I have entered are rather late into the trend. Volume spike on 30th might be an indication of distribution. That's not good news if it happens so early in a reversal.
Momentum
Unfazed by the global selloff, it has good buying momentum.
Market Strength
MFI supports the whole uptrend as it approaches upwards towards the 80% mark.
Overall Verdict
Trend reversal plus breakout, even though the volume spike does make me cast my doubts. Hopefully its not those contra players as they will definitely inducce huge selling (thus pressing down the price) if things don't go their way.
Phew... finally, I'm done.. hopefully I wont be posting about my holdings tomorrow (this means that I'm not selling anything)Labels: Bio Treat, BrightWorld, ChinaAviationOil, FerroChina, OKP, Seksun, TiongWoon |
posted by Nenix @ 9:07 PM   |
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| Monday, July 23, 2007 |
| BrightWorld |
Loaded some more at $0.69 for middle-term horizon. Not suitable for short-term at the moment as momentum isn't there. Need to do more analysis before I can determine if short-term is possible.
I seriously need to shift to longer perspective because when I work fulltime, the only time I can commit would most probably be done on EOD data. Maybe I even have to shift CFD to the my current mid-term horizon (few months). Oh well.... guess its more ground work then.
Things to do at the moment:
- Add in some middle-horizon indicators for my templates
- Write out my objectives, risk/return analysis and prefered time-frame and stick to it
- Populate all the data, revising most of the things I have done and keep a proper record.
- Should use % Cost in portfolio instead of % value.
- *Finish my PS2 games before school starts so I can get my PS3. haha*Labels: BrightWorld |
| posted by Nenix @ 10:25 AM |
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| Thursday, July 12, 2007 |
| Portfolio Updates |
CreativeMaster remains the highest risk stock because of its volatility. 5d EMA just crossed the 12d EMA justing that it might trend up while MACD seems to be diverging upwards. I think barring nothing catastrophic happen globally, CreativeMaster will start trending up by next week.
MiddleEastD shows a weakening in trend. Exit has been planned. This is one of the reasons why Soildbuild, MapleTreeLog and CreativeMaster are loaded as to replace those potentially weak trends. Shall wait for tomorrow's EOD before making any decision. Hopefully the "friday" effect wont have a great impact on it.
OKP has a strong trend but risk entailed is high as its volatility is rather significant. However, the momentum is strong for this stock and thus this occupies a significant percentage of my holdings
TiongWoon also exhibit strong trends but momentum isnt as strong as OKP. It is less volatile than OKP, thus it is the second largest position in my portfolio.
AsiaEnv has weakened trend after the placement. Like MiddleEastD, it is one of those that might be sold if it hits the trigger. Contrary to my previous comment that it is going to trend up, the price seems to be heading for consolidation at around $0.84. Knowing that, I still have to be disciplined and keep to my exit triggers.
ChinaAviationOil has exhibit a strong trend. Momentum seems to have peaked and should consolidate at around $3. Comparing returns per unit risk, CAO seems to be the top stock in my portfolio, thus occupying around 46+++% of my portfolio.
SoilBuild was loaded to act as a transition to stocks with weak trends. This itself has been on my radar for a long time but due to lack of funds, I gave it a pass. Trend now is ok but it seems to be consolidating as well.
MapleTreeLog was loaded as a transition phase to stocks that I might exit. It fulfils the primary buying signal that the 12d EMA crosses the 26d EMA. However, market strength in this counter seems to be rather weak. Might trigger selling signal soon as well
BrightWorld was meant to be unloaded due to weakness in technicals. However, the price reversal today caught me by surprise. Thus I will still be holding on to it till the trend bends
Risk taken has increased to 8.648% of portfolio value and 11.14% of cost value. The risk incurred with respect to cost value exceeded my limit, thus, all buying shall cease until more equities reach "zero-risk" status.
Overall, the main shares I hold, barring AsiaEnv, are doing well, while other transition stocks seems to be consolidating. I do not expect tomorrow to surge again as profit taking might most probably rule over most. Getting tired now. So have a good Friday aheadLabels: AsiaEnv, BrightWorld, ChinaAviationOil, CreativeMast, MapleTreeLog, MiddleEastD, OKP, Soilbuild, TiongWoon |
| posted by Nenix @ 11:39 PM |
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| Friday, July 06, 2007 |
| Risk Portfolio |
This are the maximum risks of my equity in my current portfolio.
ChinaAOil - 2.64% potential loss to portfolio value
TiongWoon - 2.397% potential loss to portfolio value
AsiaEnv - 0.90% potential loss to portfolio value
OKP - 0.75% potential loss to portfolio value
MiddleEastD - 0.562% potential loss to portfolio value
Soilbuild - 0.51% potential loss to portfolio value
MapleTreeLog - 0.486% potential loss to portfolio value
BrightWorld - 0.236% potential loss to portfolio value
Total Maximum risks is 8.49% of total portfolio value. Even with maximum liquidation, plus and minus slow reaction in selling off in the worst scenario, the loss will never go beyond 15%.
Below will be the Managed Risk in my portfolio. It is assumed in this case, that 'zero-risk' status exist. At the moment, only CAO and Brightworld has acquired 'zero-risk' status. This brings down the total Managed Risk to be 5.614% of total portfolio value.
Usually, my decision to add more positions will be primarly based on Managed Risk. However, I should consider the maximum drawdown (which means that CAO for example, would have to fall to 1.55, since my average cost is 1.70, Brightworld back to 0.47 as my average price is about 0.52). As a result, managed Risk is usually a more realistic measure.
Potential returns have not been calculated due to the fact that template to fill in the data is incomplete.Labels: AsiaEnv, BrightWorld, ChinaAviationOil, MapleTreeLog, MiddleEastD, OKP, Soilbuild, TiongWoon |
| posted by Nenix @ 12:05 AM |
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| Thursday, June 28, 2007 |
| A rules players |
Today, loaded more position of TiongWoong at $1.04, averaging to $1.03.
Meanwhile, Brightworld in the CFD account has been unloaded because of reducing momentum.
At an average cost of $0.60, Selling at around $0.62, it has an approximately 15+++% return.Labels: BrightWorld, TiongWoon |
| posted by Nenix @ 11:03 PM |
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| Wednesday, June 13, 2007 |
| Recent Updates |
ChinaAviationOil - Slowly recovering from its retracement. Maybe 2 more weeks, and it shall embark on a new climb.
AsiaEnv -Still continuing its new climb. Nothing much to comment
BrightWorld - MACD showing signs of reversing. $0.60 seems to be its peak but as trend followers, lets see how far it goes
BioTreat - Still continuing its slow and steady climb. Nothing much to comment too
MiddleEastD - Going through what seems like a retracement, uptrend still intact though
Rotary - After a long consilidation, the breakout sure is significant. Might be increasing position tomorrowLabels: AsiaEnv, Bio Treat, BrightWorld, ChinaAviationOil, MiddleEastD, Rotary |
| posted by Nenix @ 12:30 AM |
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| Friday, June 08, 2007 |
| Brief Roundup for thursday |
Its Friday now, and due to Dow drop, it might drop today, but I will do a little roundup for yesterdays holding.
Rotary - Sudden breakout recently and while its MACD diverges, whether the momenttum will be build upon is another issue. I doubt the resistance will hold in today's drop though
BrightWorld - Since it's low of 30+ cents, it has been showing a strong reversal, which is reinforced when it passes the resistance of $0.45. This breakout, coupled with EMA crossovers, makes me sure that it is an uptrend. How long this can sustain, I don't know but it seems like it isn't stopping now. And personally I think it's a good thing that not many has noticed this stock (lesser volatilty due to band trading traders)
MiddleEastD - Similar to BrightWorld, since its low of 10+ cents, it has been showing a strong reversal, with further reinforcement as it breaks through the 30 cents mark. This one has lots of attention, as observed in SI forums. Not neccesarily a bad thing but it will most prob stay flat till demand > supply (meaning more long term holders holding it)
AsiaEnv - After the accumulation recently, it has begun to move. Whether its sustainable is another issue. But from evidence, it is on a healthy uptrend.
ChinaAviationOil - This accumulation is much longer than anticipated. Maybe the dash from $1.10 to $1.95 in less than 3 months is too much for it. Trend remains intact with strong support at $1.88-$1.91. Another push seems to be evident and we would have to wait and see.
BioTreat - Its puzzling when someone in SI mention that it is trading sideways. How is it sideways when the price increase from its low 50+cents to todays 90+ cents in around 7 months? 80% increase in this period of time isn't sideways, and to me, this is one of my prefered stocks. Steady growth without much hoo-ha about it. By the time hoo-haa comes in, it will most probably be more accelerated. Looking at how things are going, if not for the $1.03 surge recently, it would most probably continue its steady climb. But for now, it seems as though its waiting to weed out the contra players and the attention before continuing its climb.
Today will definitely see a drop. But its also a good time to tell which are resilent. Just like how I picked out HoBee, Golden Agri and CAO, I will be hoping to pick some gems if things turn sour.
Of cos, I will also close some of my positions as well if it triggers. More review will be done at the end of the day..Labels: AsiaEnv, Bio Treat, BrightWorld, ChinaAviationOil, MiddleEastD, Rotary |
| posted by Nenix @ 9:01 AM |
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| Wednesday, June 06, 2007 |
| A brighter tomorrow |
Entered more position at $0.60 to average up my position size to $0.53.
Trend looks healthy. I could always wait for a retracement but thinking back, if its a good stock with high momentum, even at retracement, it is still at a high price.
Light seems to be shining on this bright world for a brighter tomorrow (Haha.. cheesy I know)Labels: BrightWorld |
| posted by Nenix @ 5:17 PM |
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| Thursday, May 24, 2007 |
| 23rd May update |
Liverpool Lost.. sighz.. oh well, there is always a next year..
AsiaEnv - It is still consolidating, though signs are signs are pointing towards a reverse. Price might start picking up sooner rather than later.
BrightWorld - Unexpected reverse, thought it might need more time. SAR, MACD, and RSI all showing positive signs.
BioTreat - As stated yesterday, its relative stability of trend makes it a plus for trend followers. Breakout of the $0.90 mark. This might mark the beginning of a second run.
ChinaAOil - Price close seems to indicate a reversal. But I'm still holding firm that it might be going to a consolidation stage soon. Will hover within the $1.90 and $1.94 range.
MiddleEastD - Weak momentum is its drawback. However, things might pick up after the consolidation period.
NobleGroup - Gapped down due to huge placement. Positives from the EOD is that it closes higher than the opening. Will be volatile for the next few days. The cut loss point is exactly the closing price. Will thus look at the closing price tomorrow before making a decision
Rotary - Held their ground well at $1.07. Might finally start the move upwards
NTS System
This system I'm trying to develop will help determine the ratings of a particular stock, paying special attention to its risk involved.
A brief summary of the risk spectrum in my portfolio.
MiddleEastD - 5.6 High risk
NobleGroup - 4.2 Medium-High risk
CAO - 4 Medium-High risk
AsiaEnv - 3.29 Medium risk
BrightWorld - 2.82 Low risk (unexpected)
Rotary - 2.8 Low risk
Bio Treat - 2.66 Low risk
This numbers are calculated using some formula I'm testing out.
And its only 1/3 complete.
Furthermore, I have no idea why MiddleEastD is so high up and BrightWorld is so low.
Will have to look into it in greater depthLabels: AsiaEnv, Bio Treat, BrightWorld, ChinaAviationOil, MiddleEastD, NobleGroup, Rotary |
| posted by Nenix @ 4:54 AM |
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| Tuesday, May 22, 2007 |
| 22nd May updates |
Recently, due to work, I have not been able to find time to blog. Today, however, I decided to briefly update my blog.
AsiaEnv - It is now going through a consolidation stage. MACD and RSI shows that the price will continue to hover/drop. Will stick with it.
BrightWorld - It seems to be coming to be reversing soon. MACD shows reversal patterns. Trend is still kinda healthy.
BioTreat - An ideal stock for trend followers as it is trending and stable. SAR flipped and it might be an indication that it might be surging up. MACD line crossing the signal line is also an indication of good things to follow.
ChinaAOil - MACD reversed to show growing momentum in the opposite direction. Coupled by a potential flip in SAR soon and decreasing RSI index, CAO will be reaching consolidation/selling state.
MiddleEastD - MACD has been weak in the recent weaks. However, overall positive trends will make this continue to surge after the consolidation period.
NobleGroup - Trend seems to evolve to sideways. Will wait to observe more cues before determining the outcome.
Rotary - This time, it seems to be be surging up. SAR is indicating positive, MACD crosee over , pointing to the North today. RSI growing as well.
*dont know why it did not reflect on the blog.. but i will repost todayLabels: AsiaEnv, BrightWorld, ChinaAviationOil, MiddleEastD, NobleGroup, Rotary |
| posted by Nenix @ 9:17 PM |
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| Saturday, May 12, 2007 |
| Weekly Round up + portfolio update |
This week has shown mixed results again.
MiddleEastD Price rose but that does not indicate an uptrend breaking up. While it seems that the downward momentum is coming to an end, RSI and SAR still shows down. Nothing critical yet though.
Asia Env As stated previously, it is taking a breather and all signs are pointing towards it. We shall now wait and see how bad the retracement is.
ChinaAviationOil
CPL at $1.86 has all but ensured a 45% returns. Will enter again when there is a retracement. At the moment, I have no funds. So most probably have to wait for next month when I get my pay. Needless to say, this stock is running fast now.
BrightWorld The issue with buying pennies is that the cut loss limit is so tight. I bought this at 0.475 and according to percentage, the cut loss is at 0.445. Seems like its possible to hit that range as it is retracing now. (The difficult part is to identify the difference between retracement and reversal) As of now, it will be assumed as retracement.
NobleGroup MACD showing signs of weakness and RSI declining slowly. This stock seems to be the short term punters dreams due to its fluctuations. I'm not like that but on a whole its on a healthy trend. Hopefully, this MACD slowdown period (now) is the retracement period.
BioTreat Its kinda strange why it opened so much lower than the previous day closing price. Maybe BioTreat has lots of short term traders and they might sell the stock out of fear because of DJ's drop the previous day. Nothing much to read from this chart other than the probable composition of the style of investors in this stock. Guess I better be careful. Its always safer to ride a trend full of fundamentalists as their tendency to hold is higher.
Rotary The stock I whined the most. It should be ok as candlesticks shows that people are trying to push the price up (my own interpretation). Nothing much to say at the moment. Only time will tell.
HoBee It has passed my CPL level. Seems like it might even hit oversold soon. Again, the reason might be attributed to the Dow Factor, but it seems like its bye bye to it soon. Monday should be my final day to judge it, and I will put an alert at $2.30. Should it hit it, then I have to say my thanks to Ho Bee for the good ride.
Portfolio Updates as of 11 May 2007
 Labels: AsiaEnv, Bio Treat, BrightWorld, ChinaAviationOil, HoBee, MiddleEastD, NenixDreams Fund, NobleGroup, Rotary |
| posted by Nenix @ 10:31 PM |
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| Tuesday, May 08, 2007 |
| Review for 8th May 2007 |
You know, I really hope that I can get past one day without mentioning my holdings (meaning all increasing steadily), but thats not the case. China market seems to cool down and you know what? Singapore's market fell much more than their counterparts. Haha. Its like everyone can rise for all they care, and Singapore won't move up much. But however, if one country cools down, Singapore will drop much more than them. Kiasi mentality I suppose. (A bit like me)
MiddleEastD
MACD cuts downwards, RSI drops downwards, and it is without doubt that SAR indicator will flip. All this will point towards a downtrend. Of cos, it might be nothing serious but the fact that there is an indication of downtrend means that I must keep a lookout on it as well.
AsiaEnv
MACD touched and might cut downwards tomorrow, RSI hit the 70 mark, and SAR flipped. This means that another downtrend (possibly temporary) might be occurring. Time to sit tight!
BrightWorld
Not so Bright at the moment, SAR flipped, MACD touched, RSI hitting 50 and might go down further tomorrow. Today's drop seems kinda big compared to their regular price movement. Seems like it might due to the CD. Like AsiaEnv, its time to sit tight
Rotary
Like what I mentioned the other day, rotary seems to be at the bottom of the trough. Seems like I'm spot on (so heng). Anyway, its still showing downtrend signals although signs of reversal are showing. As usual, I still haven't reduce my position size. haha
Ho Bee
Seems like its inching closer and closer to my CPL line. I really dont wish to make a forced decision. Signs dont show an obvious reversal, so its possible that it is still decreasing.
Tomorrow might be another day full of decisions to make.. haha.. hope its not that much of a headache.Labels: AsiaEnv, BrightWorld, HoBee, MiddleEastD, Rotary |
| posted by Nenix @ 8:56 PM |
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| Monday, May 07, 2007 |
| System fault? |
According to my system, BrightWorld has touched the CPL line. But it doesn't make sense to sell. What I didn't look out for is that this is quite a volatile stock, thus, the system thought that it has hit a downtrend, dropping from 0.51 to 0.475. Anyway, the trend still looks good, so will hold longer.
Rotary has been the one that gives me trouble. Everyday, I say I will reduce the position size, but everyday I did not execute. Actually, assuming that the trend is still going upwards, now is the time to buy as technical indicators indicates a possible lowest point of the trough.
HoBee is inching closer to my CPL line of $2.31. Haha.. I do not wish to make another decision so soon.
P.S Olam rebounded in such amazing fashion. But I can't really regret it since I a rules follower..Labels: BrightWorld, HoBee, Rotary |
| posted by Nenix @ 9:43 PM |
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| Monday, April 30, 2007 |
| An Assesment of my holdings |
Its another holiday again. So today I will assess my holdings.
Ho Bee:
Direction: RSI, MACD, SAR all showing downtrend. Market moves in cycles and this small downtrend is understandable following a large movement in price.
Possible Movement: Coming week might show a reversal in trend so that it will resume its trend movement.
Risk Rating: low
Potential loss: nil
CPL: $2.30
Bio Treat:
Direction: Uptrend since November 2006
Possible Movement: Not much movement as MACD are not favorable, or slow upward movement
Risk Rating: low-medium
Potential loss: -5.98%
Cut Loss Price: $0.785
China Aviation Oil:
Direction: A secondary downtrend
Possible Movement: Recovery might have to be longer. Might continue to fall further.
Risk Rating: low-medium
Potential loss: nil
CPL: $1.46
Noble Group:
Direction: Relatively strong primary uptrend
Possible movement: Sudden dip to $1.59 might trigger a reversal. Unknown where it will be heading
Risk Rating: Low-medium
Potental loss: 6.58%
Cut loss price: $1.56
Rotary:
Direction: Possible secondary downtrend due to negative indicators shown by MACD, ADX and RSI
Possible movement: Might not be significant as this dip is caused by the XD. It's low has been triggered, however, it's closing price still lies above the CPL price.
Risk Rating: Low-medium
Potental loss: 0
CPL: $0.995
BrightWorld:
Direction: Relatively strong primary uptrend
Possible movement: Continue up
Risk Rating: Low-medium
Potental loss: 7.157%
Cut loss price: $0.441
Asia Env:
Direction: Trend has been strong. However, profit warning might break the trend
Possible movement: Profit warning might trigger a reversal. Extra attention is needed on this stock.
Risk Rating: medium-high
Potental loss: 8.395%
Cut loss price: $0.742
MiddleEastD:
Direction: Price Stabilizing at the moment.
Possible movement: Might be facing a possible secondary downtrend.
Risk Rating: High
Potental loss: 14.49%
Cut loss price: $0.295
After the analysis, three stocks needs extra attention. Rotary(the decision whether to reduce its position), NobleGroup(the sudden dip in prices), AsiaEnv(Profit warning signs by Dayen)
Labels: AsiaEnv, Bio Treat, BrightWorld, ChinaAviationOil, HoBee, MiddleEastD, NobleGroup, Rotary |
| posted by Nenix @ 12:06 AM |
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| Friday, April 27, 2007 |
| Quickie |
Tomorrow's another exam.. so this will be a quick post. Will elaborate more tomorrow evening.
Ho Bee: Loaded more as intended. However, prices did not break as I believed it would be. Maybe it would take longer than expected.
Rotary: Still held on to it. I must really rethink whether I should reduce my position. It is showing a downtrend as indicated by the SAR. MACD, ADX and RSI don't show favorable conditions about it.
Noblegroup: Nothing to say about. Trend looks strong
ChinaAviOil: Its showing more and more traits similar to Golden Agri. Guess that's what happens when you shoot up too fast. Might have to sell if it breaches my CPL, but nothing to worry about as of now.
BioTreat: Looking at the long term trend, it is slowly climbing up. Maybe its too slow, and it does not seem to have the strength to pick up. Nothing to worry at this point.
AsiaEnv: Nice looking trend. However, the momentum seems to have ran its course. Might be a small retracement, but things should look fine, barring any major catastrophic events
MiddleEastDevelopment: Picked some up @ $0.345 due to nice trends. Today seems to be a good opportune to buy. Price will most prob stay around here for sometime. Nothing much to say as well.
BrightWorld: Picked some too @ 0.475. Watching this stock but unable to enter due to lack of funds. Should have entered at an earlier price but I don't have enough money. Nothing much to say at the moment.Labels: AsiaEnv, Bio Treat, BrightWorld, ChinaAviationOil, HoBee, MiddleEastD, NobleGroup, Rotary |
| posted by Nenix @ 7:49 PM |
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| NenixDreams Fund |
| Fund launchprice on 1st August 2006= $1
Target for 2007 = Beat STI index
Current price of NDF as of 1st Oct 2007 = $1.58
Current price of STI as of 1st Oct 2007 = $1.54
Difference with STI index is 0.04
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