Global Logistics - Take Over Price $3.38 from Nesta Investment Holdings

GLP after a long time and many rounds of talks and rumours, finally, the actual realization factual news is out where they would be privatized at $3.38 when it lift it's trading halt at 3pm later. There was so much speculation and risk if you see the chart properly for GLP. Many breakdowns last 2 days with so much sellers where it hit a low of 2.7 before the stock went half for 2 days and finally we can see the daylight of privatization. It's not easy for the past 3 weeks in GLP but I am happy that it's finally all over.

Update: 14/7/2017, 3:27pm

GLP finally went privatized! The stock lifted it's halt and price gap up!

Ronald K - Market Psychologist - A Stock Market Opportunist

Global Logistics - Plunged 7% Before Halted

I witnessed GLP gap down and plunged 7% today when the market opened at 9am earlier in the morning. I am not sure what the news was, but I managed to find the news as per the link below.

http://www.straitstimes.com/business/private-equity-groups-turn-their-back-on-glps-landmark-asset-sale-ft

I am not a fan of GLP ever since my student secured $137,000 from it 4 months back. Yes, ever since the stock had been continuing it's up trend but there is also a risk of the company not being able to privatized as the GLP chart was showing some signs of bearish behavior. Since then, we had been rotating to many other stocks instead of staying put and waiting for the final news. See my student's $137,000 profits in GLP on the below link. As of now, the news is lingering and I will stay out of this counter as it's expensive and low return. Scouting for better trades.

http://stockmarketmindgames.blogspot.sg/2017/02/students-swing-trades-now-up-137750.html



Ronald K - Market Psychologist - A Stock Market Opportunist

Student's Swing Trades - Now Up $137,750 After Noble Trades

Happy to be receiving an update on my student's progress on his swing trades and I am pleased to hear that he had sold off GLP and then using the profits from GLP to whack Noble which then yielded him yet another good profits yesterday.The Noble trade itself after locking in profits was an astounding $61,000+ which is really really superb considering he bought some near the 0.197 range and yesterday because of the buy out news, the stock gap up at 0.225. I take my hats off him. Here, I just want to congrats on all your trades and I am super confident that you will see another pot of gold soon. Click below to see his trade history when he sent me on a Sunday.

http://stockmarketmindgames.blogspot.sg/2017/02/students-swing-trades-112230-in-3-months.html

I will be sharing his amazing journey and trades on my preview next Tuesday for those who are coming for my short term trading event. Don't miss it!



Ronald K - Market Psychologist - A Stock Market Opportunist

Student's Swing Trades - $112,230 in 3 Months

So happy to be receiving these trade record first thing in the morning. Another student made over the $100,000 mark and to be exact, it's $112,230. Nothing can describe my feeling when I see these trade records. Looking at the trades, GLP was by far the biggest profit, swinging from 2.07 till now, still riding profits on it. Noble was another one while some of them, profits were already booked. I will share the secrets on rotation and swing trading in my seminars and workshops.



Ronald K - Market Psychologist - A Stock Market Opportunist

Global Logistics - Potential Takeover

GLP looks like a potential take over stock. Yesterday was an amazing day where the stock had a 8% gain with a 22 pips from top to bottom. Thereafter, the stock went halt and waiting for an announcement. After market hours yesterday, GLP confirms of a possible sale of company.

http://www.theedgemarkets.com.sg/sg/article/glp-confirms-prelim-discussions-possible-sale-company

This morning was the most amazing action I witnessed in my life. The stock shot up from 2.4 to 2.5 in less than 1 minute with such an amazing speed and velocity. See the attached above minute chart. Because of the news released, most retailers were chasing after the stock price in hope for a good take over price. Unfortunately, I did not participate at the moment because it was too fast and I was watching other counters. I will be giving out some good stocks to watch out for in next Tuesday preview so if you would like to know what are the other stocks to watch out for, kindly register below for my Whatsapp event.



Ronald K - Market Psychologist - A Stock Market Opportunist

Global Logistics - Investment up to $1.6 Billion in Tokyo

Global Logistic is to develop logistic facilities in Tokyo as the news was just released earlier. I am not if this piece of news can be considered good/moderate but the price would reflect later when the market opens. Looking at the chart, I wouldn't want to long GLP because there is no signs of the stock turning up at the moment. I would rather wait patiently until the right moment before making a decision. I hope the market will not be boring today with some opportunities for me. Let's see.

Ronald K - Market Psychologist - A Stock Market Opportunist

Global Logistic - A Strategic Review, Huge Gap Up

On a Sunday evening, I posted a bullish outlook on GLP citing that a major positive news is coming out. I said: " With positive news in the background, I believe the stock is set for a rise. However in the short term wise, it might be still forming a small trading range before the breakout happens. I am watching this counter closely for that hidden buying or a flush to happen first. I strongly believe a major news is impending." Click below link to read.

http://stockmarketmindgames.blogspot.sg/2016/11/3-singapore-stocks-to-watch-out-for.html

I also went on to long 50 lots at 2.06, preparing to swing and ride on the wave since the chart was effectively an decisively bullish.

http://stockmarketmindgames.blogspot.sg/2016/11/global-logistic-50-lots-at-206.html

Today, I think the news was almost out. The stock gap up and currently am in the profits $ with that 50 lots. If you want to know what news is it, click on the below link to read which I am also not sure what is it all about. But all I know is as a trader, if you want to make $, you have to read the chart carefully and anticipate the news BEFORE it's out. That's why there is a traditional adage, buy on rumours and sell on news.

picture source: http://sgx.i3investor.com/servlets/fdnews/65126.jsp



Ronald K - Market Psychologist - A Stock Market Opportunist

Global Logistic - Climbing 2.11 Range

GLP is slowly inching upwards and the it's reaching a very short term supply zone in the minute chart. The trend may break anytime soon and I believe 1-2 more pips is up towards the 2.12-2.14 range is a good profit target. Most of the sellers are there and I believe they are waiting to sell. Unless there is a very good news, or the stock might reach there and suffer some selling first.

http://stockmarketmindgames.blogspot.sg/2016/11/global-logistic-50-lots-at-206.html



Update 28/11/2016, 4:14pm

Read my earlier post above when the price was 2.1/2.11 where I alerted that it will trend up a little more before selling down. It's now down fast and furious!

Ronald K - Market Psychologist - A Stock Market Opportunist

Global Logistic - 50 Lots at 2.06

GLP moved and hence so does my profits moved up too. The stock is waiting for a good news to come but before the good news, there is normally a flush or some selling first to wear out retailers before the real move up materialized. Longed 50 lots at 2.06 and it's currently at 2.1 with an unrealized $1000 profits. HC Surgical and Starhub on both trades made about $6100+. GLP is moving towards my direction accordingly. Swing until the trend breaks.

http://stockmarketmindgames.blogspot.sg/2016/11/wilmar-global-logistic-ocbc-top-volume.html



Ronald K - Market Psychologist - A Stock Market Opportunist

Wilmar, Global Logistic, OCBC - Top Volume Running/Reactions

All 3 stocks, Wilmar, GLP and OCBC are appearing in the Top Volume now together. Wilmar reached a high of 3.61 as predicted in my post on Sunday and started to react down a little. OCBC is now hitting the price of 9.07 and still waiting for an opportunity to short, while GLP rose from the background to the Top Volume! The news maybe coming soon for GLP and indeed a small trading was formed before we see this price of 2.08/2.09 now! Click and read my post yesterday. :)

http://stockmarketmindgames.blogspot.sg/2016/11/3-singapore-stocks-to-watch-out-for.html



Ronald K - Market Psychologist - A Stock Market Opportunist

3 Singapore Stocks to Watch Out For - OCBC, Wilmar, Global Logistic

I am preparing some trades for next week and hence I am scanning some right counters to trade. Below are the analysis of 3 counters I have identified.

OCBC - The short term is bearish. I expect the stock to rise a little more towards the supply zone, maybe 9.06-9.16 before the real sellers will emerge. The now in my opinion contains a lot of sellers and I am definitely not looking to long.

Wilmar - Shorted 3.47 last week and was under pressure. I might take a loss and add on more positions at 3.61-3.64 level because that's where the supply zone exist. The stock had a bullish rise recently and my judgement was wrong earlier when I shorted.

Global Logistic - With positive news in the background, I believe the stock is set for a rise. However in the short term wise, it might be still forming a small trading range before the breakout happens. I am watching this counter closely for that hidden buying or a flush to happen first. I strongly believe a major news is impending.

Have a great weekend.



Ronald K - Market Psychologist - A Stock Market Opportunist