The market is still quite bullish and there are counters ready to make big moves!
Recently, we have M1 putting up the “M1 For Sale” sign.
You can read about the news here.
Another interesting counter is on the NYSE.
There have been a lot of setups on the TGPS recently.
Don’t be overwhelmed and take a good look at the options, there are many gems!
If you would like to find out more about the TradersGPS trading system,
We’re moving up from the consolidation again.
Good time to take on signals.
We’re looking at 3210, 3250
3250 will be an interesting level to watch.
Trend is still going, flirting with the $2.80 level.
Sitting pretty on good profit for this position.
Remember GLP is still awaiting the decision by the board for the winning bid to buy them over.
Candles turned red last week, but didn’t trigger our exit, so we’re still in and riding good profits.
However, you can see this stock is getting tired.
The STI is making new highs while Sembcorp Ind has not broken above the previous swing high.
The STI has cracked above 3150, however OCBC is still languishing under previous swing highs.
Not such a good sign, but be patient, we’re sitting on profits.
Cogent gets us out of the trade at 0.735 so it’s a good trade, well managed!
With partial profit taking around 0.81, we have a very small loss of about 3 bids overall.
No new signal.
Don’t chase, be patient.
Same as Cordlife, be patient.
Bonus gems for you!
On news that M1 has decided to put their company up for sale, share prices jumped 8%.
More upside is very likely and TGPS has popped up with our first arrow.
I know all you graduates are getting excited, but do stick to the rules for entry!
Taiwan Semiconductor Manufacturing (NYSE)
Here’s one on the NYSE for you guys who like to trade the US markets.
Price is on a nice uptrend overall.
Recently made new highs then did a retracement.
Now it’s pushing up above those highs and we have a fresh round of TGPS signals.
It’s exciting, but remember to follow the rules guys!
If you would like to find out more about the TradersGPS system.
Good trading folks!