Capitaland - The Breakout Rally?

While Capitaland became percolate with a massive breakout today and when the mass public thought that this breakout could last till next week, I am looking for opportunity on the short side. Why?

1) I don't see enough evidence of a true accumulation or tiring process to wear out the premature bulls.
2) This could be a technical rally because it has been on the down trend for a long time since last year Sep.
3) An explosive volume today which could be profit taking by the big boys.
4) Big boys would never allow public to cheer. They might have created a breakout to allow the public to buy while they secretly took profit and depress the stock.

Whatever the reason is, on Monday, let's watch how much follow through are there for today's breakout and decide if the bulls shall continue it's uptrend or the bear emerged which permits a short sell.

Ronald K

CCM - Finally, The First Wave of Selling!

The first wave of selling in CCM finally happened today. I was watching this counter closely and finally saw distribution of large blocks around the 0.29-0.28 price range, so I just followed that action and short sell. I managed to take some profits and kept some to ride the remaining of the trend until I see the big interest short cover/buying back aggressively and that's where I will cover with them.

As I mentioned earlier, this is the first sign of selling. In the next few trading sessions, there could be more distribution to come where prices could go higher to distribute more or there isn't anymore distribution where massive selling would send prices down south. Whatever it is, we shall watch each day's progression and ameliorate risk where possible.

Ronald K

Yanlord - Bull Campaign Intact

Today's action in Yanlord yelled for a Buy from investors. It was screaming for "buy me, buy me", I am going to trend higher soon, so don't miss this boat. It was pretty obvious because as STI trended lower, Yanlord exuded comparative strength by not turning down and the volume tells me that it was absorbing whatever selling that was thrown on this stock. If everything goes right, the rally should start by tomorrow or anytime soon. Although the evidence of preparation for a truly bull campaign is not there, this technical rally could prove the risk/reward worthwhile.

Ronald K

CCM - Reaching it's Potential Target

CCM is reaching its potential target soon. The circled area represents zone of accumulation and the horizontal line represents the line of resistance where selling was first thrown onto this stock. The speed and angle of advance suggest that the big players are winding up their bull campaign soon. This is not a typical bull market. Should the price reached the horizontal line, look for major selling from the big players and follow their course of action and that is to take profit and sell short.

Ronald K

STI - The Big Apex Trend

A few weeks back, I drew the current trend for STI and said that it was trending towards a big apex. As we watch and monitor STI's activity everyday, I am more and more convinced that this is the correct trend and is progressing towards the end at the right. As we approach towards the right hand area, look for either a breakout or breakdown with high volume to confirm the future trend of the market!

Ronald K

CCM Group - Watch Out For Sellers!!

CCM Group appears to entrap fresh new wave of buying activity as seen on the circled area. With this Public activity, Big Interest are unloading their holdings for profit taking. I believe the upside potential for this stock is very limited for now, and a fresh new wave of selling should soon appear. For those who are still holding this stock, sit tight and watch. For those who have taken profit, you are safe. If I were to trade this stock, I am only looking to short.

Ronald K

Mapletree - Secondary Accumulation Ready To Go

Looking at the MapletreeInd campaign, it was previously in an accumulation zone between 1.15-1.17. Today we witnessed a new high at 1.18. I calculated the accumulation phase and it projected price towards the 1.35-1.42 level in the short to mid term. This tells me that the accumulation phase might be over soon.

Looking at the broader picture, the longer term accumulation projected price towards at a higher level. For now we shall watch it's progression.

Ronald K

Yangzijiang - Watch for a Breakout!

I believe Yangzijiang is in the accumulation phase now and a breakout is imminent. This breakout is going to sustain and decent profits could be made. Watch!

Ronald K

HPH Trust - Selling is Over!

I was baffled by HPH Trust recent down trend and it's selling campaign. It's price action is weaker than the STI index, where if STI had an up day, it trended lower or doesn't move much at all. I don't know the exact real story behind the scenes, but I do know chart don't lie and it tells the real campaign of what the big players are trying to accomplish.

Looking at the closing price and the action for the past few days, I believe that the selling campaign for HPH might be over. One should look to long for a breakout. There is no better time to buy HPH than today as I believe 0.78 is the low. If you missed the boat today, tomorrow is still a good day to long this stock. The risk and reward ratio justify the risk for a position to be taken. 

Update on 30/6/2011:

The breakout in HPH happened!

Ronald K

Yanlord - The Selling Climax

 

I had been receiving phone calls and forum postings from users asking about the recent percolate selling in Yanlord. Almost everyone noticed that Yanlord had been heavily sold down without any rally in place to either distribute more stocks or to accumulate more shares. This inundate selling had caused some investors and traders to start worrying about their money and questions were raised as to when will the selling start to abate?

Because I have holdings in Yanlord, I am actively monitoring it's day to day progress as to where is the bottom and when will a rally take place? Yesterday I thought I had the answer because of a high volume of liquidation with hidden buying the day before. Today, I am more affirmed of a selling climax with a volume higher than yesterday. This high volume tells me that the retail investors were liquidating while the big interest are secretly absorbing the selling. If I were to rate today's action, it's 80% bullish for a bull campaign in the making and 20% even more bullish if the stock drops lower with lesser volume. If one were to look to buy Yanlord, this is the time and if you missed today's action, there will still be chances to accumulate.

In the next few trading sessions for Yanlord, I believe there would be more public liquidation with high volume and there would come a time where the volume diminished and that's where you know the selling process is completed. I studied the manipulative operation for Yanlord the past few months and I understand how the operators in Yanlord conducted their buying/selling campaign. This time round, the operators had successfully created a condition to cause dismay and exodus of investors. They had achieved their goals.

Update on 30/6/2011:

Indeed there were more public liquidation with HIGH Volume after my last post. Big Interests were heavily accumulating while public was liquidating as predicted. More importantly, I caught the low with a decent profit.

Ronald K

Cosco - Respect the Supply Line

Update: Cosco respected the horizontal supply line that I drew yesterday. I believe Cosco is in the hands of the strong players now and further upside should be expected. I am only looking to long on reaction. Watch for the price action when it reacts. Monitor for dull activity and enter.

Price level to watch out for:

1.78-1.8 - Normal support
1.73-1.76 - Strong support

Ronald K

Cosco - A Valid Breakout

Look to long Cosco when it reacts. Today marks the first day in it's change of behavior in terms of it's trading activity. The breakout today is valid and it clearly define that the bulls are in charged. For the short to midterm, look to long, No more shorts. The trend is clearly on it's way up.

Ronald K

Yangzijiang - Buying Campaign Detected

If I were to choose a stock to long on Monday, I would definitely select Yangzijiang. Why? Because I saw a possible buying campaign created to lure the bears out and scare the bulls off. One would say it's because it touched the bottom of the trendline, that's why it's a buy, however that's only part of the reason. The real reason was because the Big Interest had already purchased some around the 1.49-.150+ range (see circled blue oval), and today they continue to bring the stock lower so that they could accumulate more for a higher prices to come in the coming weeks. I believe that's how everyone should view the stock market by understanding the dynamics of the inner workings instead of just buying blindly just because it hit the trendline.  On another note, STI coincidentally respected the lower bottom of the trendline of a big apex with hidden buying agenda. I believe the market is due for a bounce on Monday.

Ronald K

My Short Term Longing List

Above are a list of stocks that I planned to long for a short term rally. Watch out for property stocks, it is turning up or I should say the down trend could be over.

Ronald K

NOL - Get Ready to Long!

Look to long NOL at the 1.48-1.5 range. I believe NOL is due for a heavy buying activity in that region. If it ever hits that region, I believe it will challenge the bulls to quickly perform a sweep of all the remaining supply and the bears to do a heavy short covering. NOL can't be continuing it's campaign all the way down without any rally in place because that would cause the big players to lose money. I will look to long at the 1.48-1.5 range once it hits there because that's where the risk is the minimum and in terms of the risk and reward ratio, it justify my risk for a position taken. On the other hand, I had drawn the big picture for STI and it seems like we are forming a big apex. If my prediction is correct, we will see a new high for STI this year.

Ronald K

DJIA - The Big Trend

I was watching the Dow closely and I am particularly interested in the overall longer trend of the Dow.It's 2.31am in the morning and I woke up just so to verify if I am correct on my analysis. I constructed these trendlines a month back and without a shadow of a doubt, I believed this is the correct trend so far and it had never failed me. Today we experience a bullish action on the 5min chart on the Dow which is going to be reflected on the daily chart.

Ronald K

BAC - First Sign Of Heavy Buying

 

Last night while the overall US market was bleeding away, BAC displayed the best trading opportunity for buyers who looked to long in the short and mid term. It was the first time where all the big players' activity was detected after a major distribution campaign a few months back. I am not sure if this is the lowest level for BAC, however I am very sure this is the first time one should look to buy. Coincidentally, as I was reading news on BAC, one article came up which said "Bank of America short interest fell to just shy of 88 million shares at the end of May from slightly above 100 million shares in the middle of the month." This tells me that the short sellers are slowy drifting away from short selling and selling was seen abated.

http://www.thestreet.com/story/11149806/1/bofa-shorts-scatter-as-stock-hits-new-lows.html?puc=tscmarketwatch&cm_ven=tscmarketwatch

I am sure they are looking to put this stock up in the following weeks to come. Look to long on a reaction!

Ronald K

Cosco - Trickery Stratagems

Just when I thought Cosco's bull campaign was ready to go, I got a huge surprise from it on May 27th 2011. My entry price was 1.94 on 30th May 2011 when it reacted. That was my trading plan, to buy when it reacts and not banking it on breakouts. I knew 1.92 was a huge support because i switched to the minute chart, so when it reacted to 1.94, i couldn't wait any longer and bought. On my wildest dream, when I really thought Cosco was ready to once again rally to at least 2.0+, my expectation was inundated by the heavy influx of big players selling. Upon sawing that and feeling malaise, I managed to sold it at 1.98 and took a 4 cents profit. This influx of heavy sellers chagrined me deeply because it did not justify my risk taken for an expected reward. From that day, I knew the rallying power for Cosco has been greatly diminished. For it to rally again, either a panic selling, big volume of buying activity or some form of accumulation would need to take place.

To trade Cosco in the near term, I had already drawn out my trading plan on the chart above. I will watch if it hits the support at 1.81 and breakdown further. If it does breaks down further with less strength and revive back up, I will then look to buy again heavily with the big buyers.

Ronald K

STI - A Reaction To Lure The Bear

On May 27th, I posted a mid day report for STI as it is hitting an overhanging resistance. Today it hit that resistance and pulled back a little. Dow Jones as of writing now is -140, so tomorrow we shall see a reaction. This reaction will then tell me how bullish or bearish will the STI be in the short term.

Ronald K

Dyna-Mac - A Distribution Campaign

 
Dyna-Mac became a stock to watch out for because not only it could make you rich, it could also reduce your trading error because of it's predictability. I could almost predict/visualize what the big players for this stock are trying to accomplish by their actions/campaign. Look at the illustrated diagram, it will give you an rough idea of how this stock is manipulated. Observe especially the distribution area where big sellers jettisoned the stock and then markdown. Watch the volume that is associated with it.

Ronald K