Plays for 21st Aug

Watching a few counters
Sembmar
NR4 + 3-5 drop bar.
appears to have a double top at 3.40, but receiving support from moving averages and figure at $3.00.

Yanlord
NR4, high volatility
Price has been getting messy lately, moving under the moving averages, therefore slight downward bias.

Indoagri
NR7, high volatility
One way traffic on this chart, UP.
Personally I’m thinking it’s gonna find 1.60 before it goes higher again.

Straitsasia
NR7
Price appears to be struggling to move higher.
Significant volume this week, but failed to move it very high, indicates a lot of sellers waiting up there.
Downward bias.

Plays for 14th Aug

I’m looking at the same 3 counters, UOB, DBS and Yanlord, with one new addition, Jaya Holdings.

Long side biases on all.

The banks aren’t leading this rally that is trying to get started..if they did, the STI would probably hit 2700 today! haha

If STI wants to reach 2700, I believe they’re gonna need the banks to move up as well.

UOB triggered today already, look out for high of last candle, tho it’s not a full body candle as what I would have liked.

Jaya is a very peculiar chart, looks like a flagpole and right now is where the flag is being formed.

DBS is an NR7, as well as a 3-5 drop bar setup. Looks like a pretty good long setup, even tho the CCIs aren’t ideal. The only thing which worries me is the volume, it rose on retracement instead of falling. But we’re seeing a lot of supernatural strength in various parts of the markests right now.
So yep, I’m a little more upward biased.
I wouldn’t be surprised if banks want to have a go as well.
Could be in either direction, I’ll be watching 12.56 for the downside and 12.84 to the upside,
Note the ATR to choose a decent target profit price.

Plays for 13th Aug

UOB and DBS are actually the top 2 picks.

UOB triggered the 3-5 drop bar setup 2 days ago. So far stops not hit so the trade is still valid, looks to be good till about 17.60 again profits and run, try not to hold over the weekend.
Daily ATR is about 47c from Open price

DBS looks like it might form a doji tmr or something, so take profits quick and run
Daily ATR is about 36c from Open price

Yanlord
In 3rd place but it’s nicely charted.
consecutive Inside Bars.
direction unknown, favouring the upside just cos the up trend has been very strong. Usually trends don’t disappear overnight.

Charts up tmr!

Big move on the STI coming?

I got 38 results from the NR scans today, yesterday there were about 26
This is coming after STI has made some retracement to the 2550 levels.
Perhaps ready to bounce up again?
A lot of counters have triggered the 3-5 bar setup today too.
(This is one of the setups taught at AAT)
Plays for 12th Aug

Too many counters with the NR to put up all the results.
So I’m cross-referencing them with the more volatile counters with likely higher profits.
Top 5 in terms of profit potential are Venture Corp, DBS, Ezra, Swiber and Yanlord.
However, Ezra and Swiber both broke the previous bar’s high, however it retreated back down and closed under the high.
So I’m gonna filter them out of the list.
That leaves us with Venture Corp, DBS and Yanlord

Venture
Long bias, 3-5 bar drop setup triggered on tuesday, watch out for continuation to the upside if high of yesterday’s bar is broken or using ORB or stretch.

DBS
Long bias, would trigger long if high of yesterday is broken or using the ORB or stretch to trigger.

Yanlord
Can you see the fake break above the last high here last week? It was confirmed the next day by a bearish engulfing candle.
Appears to be bouncing off the 50sma
long play on high of last bar broken or stretch or ORB.

Yanlord 2nd August

See something interesting on one of the more volatile counters, Yanlord.

Explainations are on the charts!

30th July plays

Nothing on the NR scans, it was quite a day for the market. up in the morning then a big sudden drop in the afternoon, followed by a 50% recovery.
but STI still hasn’t penetrated the previous day’s low, so let’s just say I’m cautiously bearish.

Volatility intraday play is on the cards.
NOL, Yanlord, China xlx and Noble are on top of the list

Explainations are on the charts, just click on the pictures to view them =)

Have a great trading day!