Sunday, 19 August 2018

[weekend scanner #19]


DO your due diligence, ownself responsible for your own trades, this is merely for fun

Colour codes
Blue: potential entry
red: Tight Stop loss
pink:Loose stoploss
Reversal: will risk only half of what i normally will
Uptrending: Full amount of risks
Breakout play:  3/4 of risks



Overall Market
Based on technical indicators price below 200ma... I concluded that the STI is heading towards a bearish phase (or at best continue to trade sideways) in an earlier post (here). this is still true. So for now i will avoid posting "reversal" plays unless they are the types that are on the first pullback type. The posting will reduce, but i think it is better to play it safe in this sense. Personally i am nearly 95% in cash. so i need to figure out a way to reduce the cost of liquidity in a structured way.

uptrend
iFast. see some buildup before a resistance, if breakout.. looks like a probable trade

Cityneon. Already run liao can observe for setups

Sheng Siong

Haw Par

Reversal
SPH

Wilmar.

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