Sunday, 7 August 2016

[Volume #5] Trading Ideas for the up coming National day week

Just documenting and learning, please do your due diligence.

Counter
up: 8/18
cut: 3/18
hovering: 7/18 ( includes this week's)

Calls
mm2 asia
Jumbo
Cityneon
Cogent
Yoma

charts and explanation

MM2 has been consolidating for awhile, the upwards MACD and buying volume coupled with the prices touched the higher timeframe SMAs, point to a breakout trade coming our way soon.

Jumbo buying volume, upwards MACD, together with the price touching higher timeframe SMAs, last friday's spurt in prices points to a rally this coming National Day week


Cityneon been consolidating for sometime, and the recent strong volume . the counter recently went up above $1 point, possible climb coming!




Cogent massive buying volume together with up trending, except for the histo for MACD down turning, looks like can be a buy and hold type of counter



Yoma touching the dynamic support with an up trending MACD, looks like it can break the 60c curse this time.



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