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Using Pareto Principle to analyse stockRead about this company business here According to its annual report, 73% of its revenue is derived from the 3 attractions in China. And it has closed down 3 of these attractions , read here . So, using the 80/20 principle , if a company generates 80% (in this case is 73% to be exact) from 20% portfolio and there are no other streams of revenue coming in during this period, then this company is in trouble. Rent is ongoing though there might be some concession from the Chinese Government. However, with the closure, it is like a sitting duck in the river , awaiting for short sellers to shoot it down. From the chart, since reaching a peak at 1.115 in 2015, it has been registering lower high and lower low price movement, a bearish signal. An important support at 0.685 is broken recently on 2 Dec 19 and it is now sitting on the 2nd level of support at 0.57. I know this is one of the favourite among many dividend investors as it generates a 6% dividend. But would this still holds in current circumstances ? Nobody knows how long will they get to reopen their attractions and having missed the festive season - Chinese New Year , they had potentially lost tons of money from the closure. I am of the opinion that this stock will still heads south , perhaps towards 0.445 or even lower in the forthcoming weeks and months.
SGX:S85Short
by dchua1969
1
You are the disease, I am the cure !We know for a fact that the coronavirus has caused pretty bad damages to the tourism industry with Disneyland and other theme parks closing down temporarily. So are airlines being forced to halt flights in and out of China. The F&B and casinos are not spared either. So, with diseases lurking , people wants to find a cure. That started the frenzy and crazy buying of many biotech stocks worldwide that may or may not have a direct relationship to finding the cure for the virus. Some are still in incubation stage or indirectly involved in the medical chain but traders and investors are drumming up the prices to rocket high without considering the valuations of the company. Let's assume you bought after the breakout at around 0.99 level. It shoot up to a high of 1.30, a 30% returns in a very short period of time. This temptation drives speculators into the market and greed overcomes logic and everyone tries to fool everyone that there is a next higher price. This post mortem analysis helps us to stay grounded to using trend line strategy. First you buy but you need to know where to take profits. At 1.24, it was the Nov 18 peak which tells you if the price does visit this or cross this level, you must be extra careful. The circle zone are where you should take profits (last resort) or you could have place your targets at exactly 1.24 as well. Say you were caught in the frenzy and sold off at 1.16 , 2nd red candle closing price, that would gave you more than 20% profits. Every 1000 invested , you get 200 profits. But if you are greedy and let emotions run over your logic, then when it plummet down to 1.04, you are left with barely few cents of profits if you managed to get out. Will the price goes higher ? Possibly as it has already broke out of the bearish trend line or it might consolidates for a while unless new evidence supports it to go higher. Thus, by combining trend line and price action, you can have your cake and eat it. To many traders, it is not just the profits they are after but the fact that they got it correct, predicting the right direction and maximising the profits that truly makes their day. Of course, there are traders who are good at that but the majority of us are not that skilful. We must know our strength and weaknesses to play this game. If you can gain 30 profits out of 100 and out of 10 games, you win 5, in the long run, you are going to be OK. It is the consistency of winning that is the challenge. So, keep on practising and keep the rules of trading tattoo to your heart. Always use a SL, apply appropriate risk and capital management. When greed takes over, one may increase his position unnecessarily , hoping to gain more at a shorter period of time. This is very dangerous and done in a reckless manner, it can blow your accounts after accounts.
SGX:AP4
by dchua1969
P5 Capital - Potential Boom - Ascending Triangle P5 Captial Holdings Ltd is an investment holding company. Since July 2019, the stocks is on the rise. The stock price is highly volatile over the past months. On a higher time frame, it is in the descending broadening channel. In shorter time frame, it shows potential triangle breakout towards higher price. Technical indicators are positive in short time frame. Do you think this rise to $0.04 and pull back to $0.025? Let me know in the comments section! :) Note: This is not financial or investment advise. It will be good to always understand the risks involve in trading. Always trade with stop loss in place. If you like the analysis, please click on "thumbs" u; "like" button. Thank you.
SGX:5AILong
by Smartis
SGX (Buckle Up!)Updated View On SGX (10 Jan 2020) Recently SGX is meeting some bump in it uptrend move. I believe it is pretty normal to have a pullback as it rose too fast to sustain. It will swing back a little lower first and it shall rise again. I expect $9.07-$9.20 will be some tough resistants to break. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
SGX:S68
by SonicDeejay
IFAST - Bearish Reversal with slow accumulation phraseUsing Bollinger Band and the combination of the Relative Strength Index (RSI) above will help us to better time our entry and exit points. RSI is a momentum indicator that measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock. A reading close to 70 can be interpreted as overbought or a bullish trend reversal. While a reading of 30 can be interpreted as oversold indicating a bullish trend reversal. In August 2019, we have seen signs of oversold in the RSI indicator hovering below 30. The lower limit Bollinger band has been a helpful supporting line supporting and stabilizing the price between $0.99 to $1.03. This stock has been going into accumulation phrase with buyer slowly buying stock in slow motion through the time and sales. We do not see opportunity in doing short-term scalping for sideway range movement as the range is small. We might see a breakout soon, as the Bollinger bandwidth getting smaller and smaller which is also known as Bollinger band squeeze. With a Bollinger band squeeze, there will be a potential breakout ahead. In this case, we will favor a strong upward move with the oversold RSI confirmation. The entry price will be between $1.01 to $1.04 with a first level take profit of $1.20. We will set a stop limit @ $0.96 to limit potential downside risk in case there is a heavy selldown that invalidate our analysis.
SGX:AIYLong
by KIKABOON
Bull run - Wave 3 of Wave 5?Suspected wave 3 Wave 1 to 2 - retracement of 0.618 Wave 3 - reaching 1.618 to 2.168 range (under monitoring); wait for Wave 4 entry. 3 EMA crossover (22, 55, 100) = positive E.W invalid if Wave 4 retrace > wave 1 RSI entering > 70 (potential range RSI - 70 to 90; high risk - past history shows up to 90 for AEM; either wave 3 continue or wave 4 in progress) Trade with stoploss measures. Please support with thumbs up if you like the analysis. Thank you for your support. :)
SGX:AWXLong
by Smartis