Buy Sell Signals

 Should I Buy Thai Beverage at S$0.635? 1. RSI bullish 2. Second green Supertrend 3. Potential target $0.70 Source:  https://sg.finance.yahoo.com/chart/Y92.SI

 Buy UOB at S$20.26? 1. RSI recent oversold 2. Third Green Supertrend 3. High upswing potential resistance News: PhillipCapital is revising UOB’s FY2020F earnings down 5% to reflect business disruptions from Covid-19, as the bank posted 2Q2020 earnings 18% below previous estimates last week. PhillipCapital analyst Tay Wee Kuang is maintaining “accumulate” on the bank with a reduced target price of $20.40 from $20.70. -  https://www.theedgesingapore.com/capital/brokers-calls/uob-fy20f-earnings-adjusted-5-down-after-weak-2q20-performance-phillipcapital

 Buy Genting Sing at S$0.69? 1. RSI 2. Supertrend 3. First pull back News: Investors sold off the stock of Genting Singapore on Friday (Aug 7), a day after the listed casino operator posted its worst-ever quarterly performance and did not declare an interim dividend for the first half, despite sitting on a huge net cash pile of about $3.3 billion. -  https://www.straitstimes.com/business/companies-markets/genting-singapore-shares-fall-49-after-1633-million-q2-loss

If OBV (On-Balance Volume) is up, or Money Flow indicator is positive, but no increase in stock price, then the price is likely to go up. If daily trading volume increases to at least double the average, and the price of the stock moves higher, then invest. This is often the beginning of a nice upward price trend. If the stock company name, product, or industry keeps coming up, in social buzz or different sources, then the Hype may drive the stock price dramatically higher in the short term. Source:  https://www.dummies.com/personal-finance/investing/penny-stocks/9-signs-that-penny-stock-is-about-to-rise/

7-day RSI shows oversold buy signal. First supertrend buy signal appears after 3 days. The first pull back may be at S$1.22. Caution though... RSI is already at 53.

What to buy today? Using RSI - Supertrend method ... Genting at S$0.71 Rookie Trader Journal

 What to buy? ComfortDelgro at S$1.40... Based on RSI, Supertrend and good news.  SATS at S$2.85... Based in RSI and Supertrend. UOB at S$19.92 OCBC at S$8.87 Starhub at S$1.22 Suntec at S$1.35 What to sell? None The rookie trader journal

One advantage of the smaller Supertrend parameters is that we get more timely entries and exits...  When we lower the Supertrend parameters, we need to use another indicator to reduce the whipsaws and usually it ends up being an oscillator as oscillators are leading indicators. Supertrend(10,3) when combined with RSI(14) does not work so well, but if we combine RSI(7) with Supertrend(5,1.5), it gives interesting results and eliminates a lot of false signals. The general rule can be described as follows:   RSI followed by Supertrend rule: Buy, if you get a Buy signal in RSI(7), followed by a Buy signal in Supertrend(5,1.5) within 2-3 candles. Sell, if you get a Sell signal in RSI(7), followed by a Sell signal in Supertrend(5,1.5) within 2-3 candles. Source:  https://www.investarindia.com/blog/supertrend-indicator-strategy-with-formula/   What to buy today? Koufu S$0.68 (first pull back from green supertrend) American Airlines US$13.73 General ...

What to buy today? Using supertrend green buy signals. Koufu SPH DBS (Bought DBS x100 shares at $21.05) Lippo Sembcorp ind Sembcorp Marine Yangzi SIA What to sell? None Rookie Trader Journal

Today's signals ... Buy SPH $1.12 The rookie trader joirnal

🎯 The objective has changed. It's not about buying and holding anymore (aka investment). Now it's about getting in and out quickly (trading). So here's my updated daily stock trading habits. Open Yahoo Finance.  Go to my watch list.  Go through every stock full chart.  Look for the Supertrend Buy signal (range YTD, interval 1D).  If Supertrend shows a buy signal, wait for the first pull-down to buy. Go through every BOUGHT stock full chart.  If Supertrend shows a sell signal, sell, otherwise, hold. Add more qualified stocks to the list. Think of PHP coding to automate all the above. What do you think? What're today's signals... Sell Valuetronics Adrian Lee The rookie trader journal

Today, I spot... Supertrend buy signals... Ford Medtecs AEM Can't buy Medtech. It's classified as a restrictive trade counter. What is a restrictive trade counter? According to this page at... https://www.poems.com.sg/downloads/webinars/pdf/MedtecInternational04022020.pdf "We regret that we will not be able to accept your order for the following security/securities as we have instituted the following trading restriction on the following counter/s listed below. Type of Restriction : Internet trading Counter limit imposed: Buy Only  Counter Name: Medtecs International Corp Ltd Effective Date: [DD/MM/YYYY] 04/02/2020 Effective Time: [00:00:00h] 05:30:00 PM Reason/s:  To control credit exposure." The rookie Trader's Journal

Missed this price jump in UG Healthcare... The signals were clear. Lesson learned. Journal of a rookie trader

The pivot point is the best intraday support and resistance indicator. It indicates the supports and resistances for the day, based on the previous day’s movement. If you are an intraday trader, these values are of pivotal importance to you.  -  https://tradersir.com/support-resistance-indicator/ Yahoo Finance charts have it... activated. Chose  Fibonacci option... This is the best support and resistance indicator a trader can ask for. In an uptrend, the Fibonacci retracement points are the strong demand zones, whereas the Fibonacci extension points are the supply zone (vice versa for the downtrend). -  https://tradersir.com/support-resistance-indicator/

Look for  large-cap stocks  because they have bigger number of shares changing hands at any given minute, and this makes them easy to buy and sell quickly... Facebook, Apple, and Microsoft are suitable stocks for swing trading in certain market conditions. -  https://www.investopedia.com/investing/swing-trading-stocks/

Swing trading  is a speculative  trading strategy  in financial markets where a tradable asset is held for one or more days in an effort to profit from price changes or 'swings'. [1] [2]  A swing trading position is typically held longer than a  day trading  position, but shorter than  buy and hold  investment strategies that can be held for months or years. Profits can be sought by either buying an asset or  short selling .  https://en.m.wikipedia.org/wiki/Swing_trading  

Using 3 supertrends strategy. Get ready to buy SGX. First green arrow appears. Missed CSE Global.  Hyphens. Wait for first pullback or third green arrow. End of journal

In the previous post, I discovered a supertrend strategy. That is, buy on the first pullback after a green up Trend Arrow indicator is formed.  The problem is, I still don't know when to enter Because I don't know how much the pullback should be. Today, I found a better strategy. One with a clear entry point. The strategy uses 3 supertrends with the following set up... Period/Muliplier 7/3 10/3 11/2 Rule... Buy signal: three green arrows crossing all the three supertrend lines in the upward direction. Sell signal: three red arrows crossing alltall the supertrend lines in the downward direction. Stay in the trade as long as the trend line is above or below the price. Set a stop loss on the nearest super trend line. Switch between three time frames to ensure of the flow. Side note... There can be a green arrow between the three red arrows. Use candlestick chart.  On the last arrow the candlestick must close.  Best intraday time frame set up... 5 minutes 10 minutes 15 minute...

CATALIST was established in November 2007 as the successor of Sesdaq, and is one of the two boards of the Singapore Exchange (SGX ) ...  Its name reflects its vision of being a platform that catalyses the growth of young companies by giving them access to financing, and hopefully a transfer to the Mainboard. -  https://www.businesstimes.com.sg/opinion/catalist-a-platform-for-growth-firms-or-icu-for-mainboard-patients

640 As of January 2019, the  Singapore Exchange  (SGX) has 640 mainboard listings and 215 catalist listings. -  https://en.m.wikipedia.org/wiki/List_of_companies_listed_on_the_Singapore_Exchange