It’s a been a good week for the markets with Banks leading the charge on the STI upwards.
All our positions are in the green by a good margin!
The gloom of defaults from the oil&gas sector seems to be abating, hence the bank counters are firming up.
OCBC is due to release their results on the 9th of May.
Valuetronics triggered and ran over 7% in a day, we’ll share this win with you in a minute!
If you’d like to know how we use a simple tool to consistently pick winning stocks,
As mentioned in our post last week, the trend is still up.
So we are seeing some continuation upwards now.
Still on the move, be patient and follow system.
If we can clear this 0.70 level properly, then 0.76 is in sight.
Still waiting on further news from the board regarding the winning bidder.
Be patient, looks like it’s still got legs.
Breaking new highs together with the STI.
Finally moving after so long.
Get ready to take a little profit off the table now that we cleared the previous high, like watch for a bearish candle.
Otherwise, be patient and follow system.
M1 is moving again, be patient and follow system
TSM is on the move, sit tight and follow system.
ComfortDelGro has moved about 5% since our entry.
Sit tight and follow system.
Note that we have just moved into a previous area of consolidation.
2.87 is an area to take some profit as well.
Valuetronics was highlighted by Collin in our Graduates FB area on 26th April.
Price triggered and ran over 7% in the same day!
Key characteristics which make Valuetronics a winning trade are:
- An uptrend is already in place
- Price just broke from an area of consolidation
Be patient and follow system.
If you would like to know how YOU can have ALL your counters in profits this week,
Good trading folks!