Friday, December 8, 2017

Metastock Xenith Platform - 9 Dec 2017

Hi there!

I will be organising a MetaStock XENITH Platform Training session on 9 December 2017.

Details of the session below:

  • Date: 9 December 2017 (Saturday)
  • Time: 9am - 12pm
  • Venue: International Plaza #36-05A

In this session, Kian Ann will cover more in-depth on how to use the different applications within MetaStock XENITH, including:

  • Monitor
  • Charts
  • News
  • Time and Sales
  • Company Overview
  • Economic Monitor
  • Rebasing Chart... and more

The session is free, so do come on down to learn more about the power of MetaStock XENITH.

If you have attended this training before, you can re-attend as a refresher.

You can register for the session here: https://www.tradingkungfu.com/xpt


All posts and charts are for educational and illustration purposes only
Thursday, December 7, 2017

Santa Claus Rally or Year End Meltdown?

The traditional year end buying could mean that the "Santa Claus Rally" is still on the cards.

However, the selling pressure of late for technology stocks may continue, as after taking a closer look at the Republican tax bill, tech companies could be hit harder by the corporate Alternate Minimum Tax (AMT). This measure was removed from the House tax rule, but included in the Senate bill, and it must be resolved before the overall plan is passed.

A lot of stocks could be dumped in late December in order to be taxed under the old rules if the House bill keeps these penalties in place.
All posts and charts are for educational and illustration purposes only
Wednesday, December 6, 2017

Metastock XENITH Platform Training

Hi there!

I will be organising a MetaStock XENITH Platform Training session on 9 December 2017.

Details of the session below:

  • Date: 9 December 2017 (Saturday)
  • Time: 9am - 12pm
  • Venue: International Plaza #36-05A

In this session, Kian Ann will cover more in-depth on how to use the different applications within MetaStock XENITH, including:

  • Monitor
  • Charts
  • News
  • Time and Sales
  • Company Overview
  • Economic Monitor
  • Rebasing Chart... and more

The session is free, so do come on down to learn more about the power of MetaStock XENITH.

If you have attended this training before, you can re-attend as a refresher.

You can register for the session here: https://www.tradingkungfu.com/xpt


All posts and charts are for educational and illustration purposes only
Friday, December 1, 2017

Tuan Sing - Strong FA but TA Points To a Correction


Tuan Sing - UOB Kay Hian initiated a  "Buy" recommendation yesterday with a target price of 0.71 representing a upside target of more tan 70%. The report cited the potential of its huge $2.3 billion property portfolio in Spore and Australia bought a fire sales price and it is trading at 61.2%discount to RNAV and 52% of its book value. The fundamental reasons to buy this stock looks compelling and many investors jumped in  to buy in  the last 2 days as   evident in the massive volume traded which was the highest 2 days volume in the last 3 years. 
The Price Action, however suggest that this stock could have peaked in the short term and is likely to correct to 0.43 before it could attempt higher prices. 
If the 0.43 level is breached the stock could head south towards 0.36 which will present and excellent opportunity for traders to buy for a good rebound.


All posts and charts are for educational and illustration purposes only