SPH - A Stock I Shared Yesterday

SPH climbed up slowly as of now even though the Dow Jones collapsed -173 points last evening, it tells me that another prediction of mine came true. SPH was a stock I shared openly on my blog yesterday where I mentioned that at 2.09, the price was not bad for entry since it was in the Top Volume for a brief while yesterday and I also said that I would trade this counter since it reached a good price. Today the stock just continue it's run towards the 2.14-2.15 region. As you can see the stock was rising now, I can only say if you bought yesterday, you shall be in the $$ today. Click below link to see my blog post yesterday.

https://stockmarketmindgames.blogspot.com/2019/08/sph-playbook-chapter-2-strategy.html

Congrats to those who traded and looking forward to see your profits!

Click to register for a Preview of my Stock Trading Playbook

Ronald K - Market Psychologist - A Stock Market Opportunist

SPH - A Stock I Shared

I shared SPH earlier on my blog post that the timing for this counter to turn was about here and the stock went up 2 pip from earlier post. As of before market closed, it was in the Top Volume with price rose a little and I am not sure if it can run further. Looking at it, it might have a chance but short term there will be reactions first. I did a preview in the office and everyone who came today saw my trade. Congrats and see you all soon!

Click to register for a Preview of my Stock Trading Playbook

Ronald K - Market Psychologist - A Stock Market Opportunist

SPH - Playbook Chapter 2 Strategy

SPH has been trending down for the longest period of time. It seemed as though the stock has been selling and kept selling for many months. Even at times when the stock was about to rebound, the buyers weren't strong enough to fend off the sellers and hence sellers took control and started to continue move the share price down. Looking at the current chart, it's currently not bad at the moment since it's in the Top Volume earlier in the morning. For short term trading wise, I would trade this counter using one of the strategy in my playbook on chapter 2. It's simple to spot and apply the strategy once the turning point is about here. Watching it closely. Register below to attend my playbook event and see how I trade live.

Click to register for a Preview of my Stock Trading Playbook

Ronald K - Market Psychologist - A Stock Market Opportunist

SPH - 26% Dropped in 2Q Earnings

SPH had a good run last week as the stock I believed attracted traders to buy ahead of the results. However, something bad happened. This week, whatever gains that was made last week was given back to the market as the stock encountered heavy sellers because they posted a 26% dropped in 2Q earnings. I was thinking why did the run was so strong before the results was released. It could be shortists doing short covering or maybe is just touched a demand zone where buyers thought that the price was cheap and started to buy up the shares again. Whatever it is, SPH is a slow stock and it pay wise to trade this counter carefully.

https://www.theedgesingapore.com/sph-posts-26-fall-2q-earnings-297-mil-lower-revenue-higher-costs

Ronald K - Market Psychologist - A Stock Market Opportunist

SPH - Climbing in Background

SPH, a stock which I shared my bullish view on Sunday is slowly trending and climbing inch by inch higher in the background.

http://stockmarketmindgames.blogspot.sg/2017/12/sph-look-for-turning-point.html

While the whole market is sluggish, mix and point towards more on the selling side, this counter is defying all market sentiments and moving towards up north. The edge and the wall is slowly trying to be broken and it will take somemore time before more fireworks can be seen. Look at the buyers and study the time and sales, you will see a plethora of information where I made my prediction on Sunday and today being a Tuesday, the stock reacted accordingly to my weekend homework. Will be sharing more on how to spot these gems during tough times.



Ronald K - Market Psychologist - A Stock Market Opportunist

SPH - Look For Turning Point

It's a Sunday and I am analyzing and studying charts as I am preparing for next week to come. I have scanned many stocks and it looks like SPH has the potential to trend higher with the edge and wall slowly trying to be broken. It will takes time and it's going to be slow so the entry price and turning point is important.

Look at the minute chart carefully and you see gems with beautiful bullish setups. However, I am equally cautious on the overall market conditions but I believe there is a chance for this stock to take charge. During my free dinner mingling session on Dec 12th, I will be giving out some hot tips and trading game plan for next year 2018 so please get ready your trading account so as to grab the opportunity.



Ronald K - Market Psychologist - A Stock Market Opportunist

SPH - Slow Stock, Locked in Profits $

SPH, another stock which I sent out a Whatsapp alert last week was trending well but it was pretty slow and flushy where buyers and sellers are constantly having a tug o war. Click below to read my Sep 28th bullish Whatsapp alert.

http://stockmarketmindgames.blogspot.sg/2017/09/sph-bullish-whatsapp-alert.html

Today, after seeing the market up so much and making forward predictions that I believed STI has reached a supply area, I decided that it's time to sell and hence sent out a Whatsapp alert to all members to lock in profits. The market is slow today and most stocks are not moving much and it's wise to rotate to the next stock.

Ronald K - Market Psychologist - A Stock Market Opportunist

SPH - A Bullish Whatsapp Alert

Sent out a Whatsapp alert earlier in the morning for the bullishness in SPH. The stock was under collections and hence I decided that it was strong and steady. There was buyers in the morning but I missed it at 2.71 but because the buying was strong and hence I decided that we had no choice but to take 1 pip higher and still the strong continue it's up trend to the 2.75 range. I am still bullish on this counter for the mid term until the trend changes. Some of my students locked in profits while others are swinging. Let's see how far it can go.



Ronald K - Market Psychologist - A Stock Market Opportunist

SPH - Shorting with $2500 Profits

Shorted SPH last Friday at 2.68 and today the stock tanked with so much sellers as it reached a low of 2.62. Locked in profits at 2.63 with $2500. The market is bullish today but this counter is under performing with so much sellers. SPH was one of the hottest stock last week where $3000 profits was made when longed near the bottom and today was the reverse with $2500 profits and shorted near top. Rotating to another stock.

http://stockmarketmindgames.blogspot.sg/2017/09/sph-unrealized-profits-3000.html



Ronald K - Market Psychologist - A Stock Market Opportunist

SPH - Unrealized Profits $3000

It looks like SPH is recovering as it hit the bottom with a 2 Bar strategy in place. I saw the stock yesterday and luckily I did not went short as it had been trending dow for quite a while. 50 Lots traded nearer bottom yesterday and the price is now 2.66 where in unrealized profits of $3000. The stock looked like it's forming a beautiful trend and it's moving up with serious buyers. Once the trend is formed, more buyers will start to kick in.

Update: 14/9/2017, 10:22am

Locked in profits for SPH for short term as the price rose nicely. Will do another swing trade on the next turning point. Watch it closely.

Ronald K - Market Psychologist - A Stock Market Opportunist