Silverlake Axis - Shared Saturday, Today Ran Further

Conducted a somm manual class last Saturday where I invited those early birds who bought my manual many months ago. It was a good session because I shared all the secret sauce written inside and also how to use it wisely and increase your chances of making bountiful profits in the stock market. So one of the stock I shared bullish was Silverlake Axis. It was a stock which popped out from the Top 30 Volume after long period of time where the chart was extremely beautifully setup and it was about to trend higher. I saw BBs buying and throwing out small lots which I shared my observations to all students who came that day. Next 2 days, the stock indeed dropped a little before you see the fireworks now where Silverlake is rising in the Top 30 Volume with so much buyers. The Chart, the Top 30 Volume and the stock I selected gave good returns in a short period of time. Happy to all traders and students who made $$ in this counter. :)

Update: 29/7/2020, 8.30pm

Received a message from my student who came on Sat. He made $$ in Silverlake as I asked everyone including to watch closely like a hawk. Congrats!

Ronald K - Market Psychologist - A Stock Market Opportunist

Silverlake Axis - Profits Doubled

Another stock which announced good earnings was Silverlake. This was a stock I blogged about 1-2 weeks back where I mentioned to everyone to watch this counter closely at 0.47. Today the company announced it's doubled 2Q earnings and the stock just soared up even though the market slumber down. In the Top volume as you can see, the stock was somewhere in the middle, staying strong and healthy. Just like Thai Bev, I believe the price surged from 0.41 to 0.52 has already factored in the results. The gap up today was to announce the dividend so the price can be maintained. Studying the minute chart revealed a lot more bullish signals like the collections before the stock ran. Easy to trade for this counter 1-2 weeks back. I believe there are more stocks to be uncover. Click and read the news below.

https://www.theedgesingapore.com/silverlake-axis-doubles-2q-earnings-225-mil-proposes-second-interim-dividend-04-cent-share

Ronald K - Market Psychologist - A Stock Market Opportunist

Silverlake Axis - Pre CNY Run

Silverlake Axis is the only stock that is running now with 4.1% up pre CNY. The stock had so much collections and then all of a suddenly, it broke the wall with speed and volume. After that long accumulation at 0.39-0.41, the breakout happened and the rest was history. However, the accumulation process was such a pain as the stock encountered many times that it wanted to run but was flushed down back to the 0.40-0.405 region where one would think that a further breakdown would continue. I had been monitoring this counter for a long time and finally, it started to break out. Congrats all who went long.

http://stockmarketmindgames.blogspot.com/2019/01/silverlake-walls-broken.html

Ronald K - Market Psychologist - A Stock Market Opportunist

Silverlake - Walls Broken

I was in Malaysia giving a talk yesterday but I was focusing on this counter Silverlake before the stock broke out. Even though the stock looked bullish but I did not trade as I chose not to do anything when I am giving a speech or in a meeting. At the time I was watching, it was trading at 0.41 and suddenly millions of shares was eaten up followed by a 37 million plus married deal which gave the stock a push. I studied the chart and it was obvious that the first wall was pretty easy to spot and subsequently followed by small little walls which was broken. 2 days and the stock recorded 13% gain which is impressive for Silverlake considered it's a slow moving stock. I am some who bought yesterday and congrats on using the wall strategy to profit from it.

Update: 30/2/2019, 5:00pm

Silverlake touched 0.48 high with more buyers. Aamzing run for 2 days. Recorded almost 16%. I wish I never go Malaysia and traded this winning stock.

Ronald K - Market Psychologist - A Stock Market Opportunist

Silverlake - A Whatsapp to Book Profits

Life is not a bed of roses so are stocks. Just when I thought Silverlake would show some kind of buying and rampant up, the stock just jammed and so at 9:05am today, I decided to give a book profits call to all members to lock in a 1 pip profit. It's either you continue to hold for a swing trade and not sure when will the stock run or lock in a very small profit but rotate to the next stock.

At this point of time, the market favors the oil sector and the marine and shipping sector and hence I decided that it's wise to move on and not let $$ stuck inside the market for nothing. I will find the next stock and Whatsapp soon. Watch this space, and stay tune!



Ronald K - Market Psychologist - A Stock Market Opportunist

Silverlake - A Whatsapp Call

It was a Monday when I believe I saw some kind of obscure buying activity in Silverlake where I decided to give a Whatsapp call to all students. The cut loss was tight and I expect the stock to trend higher in the mid term. We went long and Silverlake hit a high of 0.545 this morning. It is now currently not much activity with not many participants. I will share more on my Whatsapp this coming Friday at 1130am if you are interested. For those who are serious and interested, you can register below:



Ronald K - Market Psychologist - A Stock Market Opportunist