Friday 29 December 2017

OCBC - Last Short for 2017






It hasn't been a smooth ride in the market, especially when the market is ranging and nothing really has a trend or sustainable for any up/down move. During this period of uncertainty, the best employed strategy is to do short term trading to avoid any unnecessary buy and hold for long term investments. I am particularly happy with this student of mine who kept shorting OCBC only and make $$ out of it. OCBC is due for some selling but because the overall market is still moving up, hence, the stock moved up/down in a range which is quite difficult to predict the trend.


See the 5 minute chart, it's pretty tradeable for intraday and 1-2 days short term trades. There were range for scalping the up/downs movements and it's easy to make $ within short term if you know how to spot the movements before it happened. The year is ending and I am happy I am ending with a good note with bountiful more to come in 2018. Here, I wish everyone a happy 2018!

Ronald K - A Game Changer

Tuesday 26 December 2017

OCBC - A Good Month Short Selling









So happy to be receiving a trade record where my student traded herself on 1 stock, OCBC. Although not a lot of $$, her hit rate was exceptionally good as she achieved a 100%  hit rate on this counter this month. OCBC had range for trading this month and it was a good counter for shorting because of the profit taking and high price that we see now. In the shorter time, I think there could be more downside for this stock. See the line I drew? I think soon or later, it will be violated with a sheer force of selling. Be alert.

Ronald K - A Game Changer

Tuesday 19 December 2017

Monday 18 December 2017

MindChamps - A Bounce



I think there is chance that MindChamps have a potential for a bounce up. The stock looks like there was collections earlier in the morning and then a flush followed a small rebound before closing at low. MindChamps had been trending down for many days after 2 days of huge breakout on it's debut IPO and now at the current price, I think it's oversold for a imminent rebound to materialize. Watch for a turn.

Ronald K - A Game Changer

Tuesday 12 December 2017

Tencent - Huge Profit Taking



There is a huge profit taking in Tencent. The stock had been soaring so much lately and I believe it might have just hit a peak. The stock now is currently rebounding in a form of distribution and soon it will attract another wave of sellers again because those who long at the high is looking to cut loss. I am not sure if Tencent will reach another high but I believe it will form a new high above the last high of 439.60 before a big sell down would occur.

Ronald K - A Game Changer

Sunday 10 December 2017

Sunac - Panic Selling = A Good Rebound



Sunac indeed rebounded on Friday as predicted on Thursday!

http://ronaldkstockmarket.blogspot.sg/2017/12/sunac-possible-rebound.html

The stock massive liquidation combined with the strong buyers were key elements to this rebound. The buy/sell Q thinning to the flipping and change in volume were maneuvers and tricks that were used to create this rebound. Looking at how the waterfall selling was on Thursday, many retailers cut loss and the big boys scooped up the shares to conduct a sweeping action where the rebound was seen on Friday. Read my blog post on Thursday and you shall find gems on how to spot the rebound BEFORE it happened.

Ronald K - A Game Changer

Thursday 7 December 2017

Razer - Locked in Profits




Razer had a huge drop this past week. The stock dropped almost 10% with selling after more selling. Luckily for me, I sold it on the break out day when Razer had a 4% gain as I knew Razer's rebound is normally quite weak and small where I had experienced trading this counter before as every time it hits a support level, it would have a short and weak rebound where it wouldn't last long. This is a very important signal for me to sell on breakouts.

Look at my trade record from UOB Kayhian as attached above. After I sold it on the day it broke out, the stock had been spiraling downwards continuously with no stoppage. The support was weak and the buyers weren't interested in this counter at the current price levels. Could it be some big funds selling or there could be some bad news coming out soon? I don't know but from the chart wise, it's not yet turning. Although I only made like $8000 only, it's still better than holding on to losses now. I will find another turning point in chart soon.

Ronald K - A Game Changer

Sunac - Possible Rebound




Sunac had a massive liquidation today where the stock underwent a big volume throw down with so much buyers cutting losses and cashing out. The Big Boys in this counter were powerful as there was one point I saw the queues thin out on the buy side just so to scare the retailers to sell when they were actually starting to conducting a mini rebound as recorded in the minute chart attached above. This action suggested that the sell down cannot last long and a short term possible rebound is imminent. There are scripts to go long in this counter and I watching for the right signal to go long which I believe is soon.

Ronald K - A Game Changer

Thursday 30 November 2017

My Trade Records - Hong Kong Market


Did some trades over these month but my trades are getting lesser and reduced as I only take good calculated trades for now. The market got tougher, I made some losses and some wins and I ventured into the Hong Kong market because there are more movements there. As I stepped into that foreign land, I learnt many wonderful lessons and gained some deep knowledge on how to use the real time live charts to aid in my entry and exits. As the market moves very fast there, it pays to be prudent in watching the stock closely and do more on swing trades. I will reduce even more trades in the near future as at this point of my career, I prefer to take nicely setup calculated trades.

Ronald K - A Game Changer

Wednesday 29 November 2017

Razer - Long 1000 Lots







Razer after running to a high of 4.31 suddenly had a huge drop to 4.2 earlier just now before lunch. As of now, the stock recovered and ran further and touched the 4.29 again but with slow and weak buyers I think. I traded 1000 lots of Razer last week and currently in $15,000 profits. The drop last  2 days was just too scary where it almost trigger my cut loss but did not. This is a stock that I have to monitor closely.

Ronald K - A Game Changer

Razer - The Ship is Moving


The ship is moving and Razer is poised to break out even higher. Since my last post on Nov 24th, just when I though Razer is about to move, sellers came in a sold it down but it did not crash like the last time but instead hang and being supported well below the last low. It now has a lot of big buyers and the breakout was furious earlier.

http://ronaldkstockmarket.blogspot.sg/2017/11/razer-looks-bullish.html

The buy sell Q and market depth shows healthy buyers. Although there are blocks of sellers, still the I believe the wall will be broken. Monitoring it.

Ronald K - A Game Changer

Friday 24 November 2017

Razer - Looks Bullish



It looks like there is a chance that Razer will run on Monday. The stock looks bullish as of now and it's under some serious hidden buying mode where the demand is overpowering the supply. In the daily chart, the selling looks like abated and finished and in the minute chart, the bullish setup is even more beautiful where there was serious eating going on during the last 45 minutes before closing earlier. Let's see what happens on Monday.

Ronald K - A Game Changer

Wednesday 22 November 2017

Putian Comm - Up 24% in 1 Day



Putian Comm just continued to trend higher with high amount of buyers throughout the day since I last captured the price at 1.54.

http://ronaldkstockmarket.blogspot.sg/2017/11/putian-comm-smart-money-broke-out.html

https://ronaldkstockmarket.blogspot.sg/2017/11/putian-comm-poised-for-further-upside.html

Since then, more smart money flocked in and pushed prices higher to close at 1.74 which was near day high. It was definitely a good stock pick for these past 2 days. I will pick the next stock soon for those who trade Hong Kong stocks. It's so much more exciting than trading Singapore stocks.

Ronald K - A Game Changer

Putian Comm - Smart Money Broke Out




Putian Comm broke out today with smart money. On Monday I shared with everyone that it experienced a flush and it's poised for further upside where I saw the clear signals of bullish buying with panic throw down. Read my Monday post below:

http://ronaldkstockmarket.blogspot.sg/2017/11/putian-comm-poised-for-further-upside.html

Then yesterday after market closed, I shared that there were smart money movements and fireworks will be seen soon.

http://ronaldkstockmarket.blogspot.sg/2017/11/putian-comm-some-smart-money-movements.html

And today, we see that the stock broke out with a 11% gain in 1 day. I think for Hong Kong stocks, it wise to study smart money movements so as to profit with them. The Hong Kong market moves very fast and my job is to find the best stock, best performer for price movements. Congrats to those who went long!

Ronald K - A Game Changer

Tuesday 21 November 2017

Putian Comm - Some Smart Money Movements


As I posted my bullish analysis for Putian Comm that it's poised for more upside, the stock although did not ran big but still after that flush in the min chart, it attempted to run a little. It's currently in a trading range and I believe soon there should be some fireworks in this counter.

http://ronaldkstockmarket.blogspot.sg/2017/11/putian-comm-poised-for-further-upside.html

Ronald K - A Game Changer

Monday 20 November 2017

Putian Comm - Poised for Further Upside



As I slowly shift my attention towards the Hong Kong market, earlier today during trading hours, I saw this hot Hong Kong stock called Putian Comm. The stock just went IPO 8 days back and today something peculiar happened. Today marked the first day the stock managed to break through the a first wave of selling zone which was a remarkable sign of strength. As it reached a second selling zone, that's where the stock hit a serious amount of supply where it jammed there and stop trending higher. In fact, in my personal opinion, there was also a flush down to kill the hype and followed by a slow amount of buying later. In the short to mid term, I am bullish on this counter and I think it's poised to further upside. Do note it's a IPO stock and hence it requires some time.

Ronald K - A Game Changer

Thursday 16 November 2017

Yixin Group - Dropped Below Gray Market




Yixin Group went LIVE at 9:30am earlier in the morning. It was a disappointment as the stock tanked before the closing of the gray market. Fundamentally it's a good stock but pundits did not believe it would be another China Literature frenzy where it gap up and ran 100% and hence the stock opened at 10.00 below the closing price of10.96 in the gray market. For the whole day, the stock suffered selling continuously where the sellers were very relentless and fast in their selling speed. There was some mini rebound but it was short lived and the stock closed day low. It was a disappointment but I believe it's going to come back very soon with a strong rebound. Let's see.

https://www.cnbc.com/2017/11/08/tencent-china-literature-stock-surges-as-much-as-100-percent-in-debut.html

https://www.bloomberg.com/gadfly/articles/2017-11-13/how-to-make-90-000-a-day-in-hong-kong-s-ipo-cash-machine

Ronald K - A Game Changer

Wednesday 15 November 2017

Yixin Group - Up 43% Against IPO Price




Yixin Group will debut it's trading tomorrow. Studied most of the IPOs listed in Hong Kong, I can see that this counter is better than Razer in terms of prospect because Tencent was one of the major share holder and I believe some major funds are also the cornerstone investors for this stock. Looking at the over subscribed data, it was 560x which meant everyone is trying to get a pie on it and it's 1 lot success rate is on 10% which is considered good given that China Literature was 7%.


The IPO share is $7.70 and the gray market opened was $10.50 which indicated a very strong interest. The closing in the gray market was 10.96 and I believe tomorrow the stock might gap up. I will be trading this counter tomorrow.

COMPANY Yixin Group Limited (易鑫集团,) was founded by Bitauto (listed in US under BITA) with early backing from Tencent, Baidu and JD.com in 2013. It operates in 2 business segments: · Transaction Platform business for automobile purchases, auto loans and other value-added services · Self-operated financing business that primarily provides auto finance

Did you know?

1) This IPO was 560 times oversubscribed (according to Nikkei Asian report)
2) With the IPO priced at the top of the range, initial market cap for Yixin Group will be at HKD 48.33 billion. Yixin Group Limited will begin trading on 16 Nov 2017 (Wed) on the Hong Kong Exchange under stock code 2858.HK
3) Yixin Group is backed by local tech giants Tencent, Baidu and JD.com. Tencent, one of the major shareholder of Yixin Group, was listed in Hong Kong Stock Exchange in 2004 at IPO price of HKD 3.7. As at 14 Nov, Tencent closed at HKD 388, which was more than 100 times its IPO price.
4) Another Tencent backed counter – China Literature (772.HK, IPO price set at HK$55), was listed on 8 Nov. Its share price rose as high as 100% on the first day of trading, and closed at HK$100.9 pm on 14 Nov (up more than 80% from IPO price).

Ronald K - A Game Changer