Sunday, 10 December 2017

Sunac - Panic Selling = A Good Rebound

Sunac indeed rebounded on Friday as predicted on Thursday!

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.

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