SATS - Whatsapp Alert Materialized

SATS continued to suffered sell down today to a low of 4.62. With our bearish Whatsapp alert yesterday when I saw the buy/sell Q flipped, combined with the daily chart, it was an instant text book answer that the stock would suffer selling at a stage. Gave a Whatsapp alert to all members and the rest was history. Click and see our Whatsapp alert.



http://stockmarketmindgames.blogspot.sg/2016/09/sats-whatsapp-call.html

I am expecting SATS to continue it's selling until the next support level. The stock has a lot of stale bulls and hence it's difficult to move up at the moment in the mid term. Short term may rebound.



Ronald K - Market Psychologist - A Stock Market Opportunist

Best World - Shorts All Covered

Nothing much to say about my trading skills but I let the trade records speak volume for itself. From the initial short sell at 1.945 to right at the bottom @ 1.85 where the temporary support was, the whole journey was a pleasant one. Click and see below where I predicted the 1.85 support LIVE on this very blog. Nothing much more on Best World and now rotating to the next counter.

http://stockmarketmindgames.blogspot.sg/2016/09/best-world-support-zone-185.html



Ronald K - Market Psychologist - A Stock Market Opportunist

Smart Expo - Sep 24 - 25, 2016

I will be sharing my views and investment philosophy on this year's Smart Expo talk. Contrary to the traditional buy and hold the "safe" haven blue chips, I had discovered and found a way to diversify into the more lucrative growth stocks..

http://www.smartexpos.com/2016/SepSG/booth.php

Blue chips are like developed countries where the growth is mostly stalled while growth stocks are like developing countries where there are still room for growing. Take a look and DBS, Keppel Corp and MM2 Asia and you will know what I mean. I will also share more on Tuesday's workshop. See you all there!



Ronald K - Market Psychologist - A Stock Market Opportunist

Katrina - A SOMM Whatsapp Call

DBS had issued a buy call for Katrina yesterday and upon seeing that, I knew I was right again because in fact, I sent out a bullish Whatsapp alert to all my SOMM Members on Aug 23, 8 days earlier before the bank issued the bullish call. See the link here.

http://sgx.i3investor.com/servlets/fdnews/63134.jsp

Studying the whole 5 minute chart for Katrina, there was some hidden buying during the time when I sent out the alert. From there on, the stock rise, fell and then rose back again where it seemed like a roller coaster and hence, I would rather book profits and moved on to another counter again. Will it continue to rise from here? I don't know because it's tough. I am rotating to others.



Ronald K - Market Psychologist - A Stock Market Opportunist

Best World - Hit 1.85, Locked in $$

I had been covering Best World for it's bearishness since yesterday and one of my member shorted 100 lots at 1.945. I also posted that the temporary support for Best World would be at the 1.85 region and indeed, it hit a low of 1.84 before rebounding back up to 1.87 again. Yet another amazing trade, amazing call. In fact, I posted Best World in my Facebook group for the public to witness the accuracy.



http://www.facebook.com/groups/ronaldk

My coverage for Best World has never been a shortage because it has truly hit a supply zone where sellers were looking to lock in profits and I believe it's a good stock for shorting. Locked in half of the profits @ 1.845, right at the bottom today!! See all my coverage below:

http://stockmarketmindgames.blogspot.sg/2016/09/best-world-melting-down.html

http://stockmarketmindgames.blogspot.sg/2016/09/best-world-support-zone-185.html

http://stockmarketmindgames.blogspot.sg/2016/08/best-world-sbl-short-sell.html



Ronald K - Market Psychologist - A Stock Market Opportunist

SATS - A Whatsapp Call

Spotted SATS earlier and gave a bearish Whatsapp alert. SATS was just heavy with sellers and the stock just contained mountains of stale bulls. Hence, when I scroll the chart, I saw that there was some more downside to come and decided that a Whatsapp alert to be given to all members. In the next hour plus, SATS revealed that the sellers were strong and started to give away and it tanked to a low of 4.62!! Congrats to all members who shorted.



Ronald K - Market Psychologist - A Stock Market Opportunist

Best World - Melting Down

Looks like the sellers were fierce and weren't letting go of the mini buyers. The stock starting to slowly trend down now to 1.895. I believe a temporary floor will be seen at 1.85. This region is a place where the short term buyers will start to flock in again to support prices. The short sell that was put out at 1.945 on Tuesday was correct and it's currently in the unrealized profits of $6500. Shorted near the peak. :) Congrats!

http://stockmarketmindgames.blogspot.sg/2016/08/best-world-sbl-short-sell.html



Ronald K - Market Psychologist - A Stock Market Opportunist

Oxley - It's Rising in Top Volume

Oxley is currently in the Top Volume with price rising. Look at the great lift from the buyers, it was super fast and decisive. In fact, I blogged about some renewed interest in Oxley yesterday. Did you miss my bullish post? Click and read below!

http://stockmarketmindgames.blogspot.sg/2016/08/oxley-renewed-interest.html

Studying the chart, it has hit a very short term wall zone. This stock is bullish and look for the next entry point at the right timing.



Ronald K - Market Psychologist - A Stock Market Opportunist

Best World - Support Zone @ 1.85

Happened to see the Best World chart again and for the short term support for the stock, I believe it would be in the 1.85-1.87 region. The sellers were persistent and there was a huge wall at the 1.955 region. Based on the chart, as you can see I drew 3 lines of supply ceiling, those were selling areas where I believe the stock has many stale bulls up there. In the short term, I am bearish.

http://stockmarketmindgames.blogspot.sg/2016/08/best-world-sbl-short-sell.html



Ronald K - Market Psychologist - A Stock Market Opportunist