Bullish Set up: Q&M Dental, MM2, JUMBO

First Resources Rebounded from Major Support Level

First Resources rebounded from its major support level 1.78, formed a bullish reversal candlestick on daily chart, with high volume.

STI Trading Near Its Major Support

5/8 Wed, Stockwatch

STI formed a bullish reversal candlestick on its daily chart, accompanied with high vol and major support 3167( see my latest weekly wrap). It's expected STI will get a lift in coming days. But one thing to note the trading vol in coming days maybe thin due to public holidays on Friday and next Mon.

Stocks poised for rebound:

Biosensor
Cordlife
Singtel
Yanlord
GLP

Long Candidate: Tianjin ZX USD

Tianjin ZX USD had spike down below its 200ma then rebounded strongly yesterday to formed a classic bullish reversal candles, in last two days. Expected further rebound with first target 1.32.

HK stocks Long Candidates

Stock picks from latest CIti Report on HK shares, Stocks that I prefer from Citi report: These stocks are relatively in low PB

1. 2868.HK BJ capital
2. 1071.HK Huandian Power Intl
3. 1138.HK China Ship
4. 1299.HK AIA
5. 1928.HK Sands China, not in the list. Dividend yield 5.5%, PE 16.8, PB 6

Long Candidate: 1361.HK

H shares are rocketing higher and higher this week.

1361.HK appears another good candidate for long.:

Singpost Retraced to Support Level

Long candidate: Singapost
Singpost retraced to 1.98 support now, after it hit all time high of 2.16 recently.

Entry: 1.98

Stop: below 1.97
Target: 2.15

Long Candidates

CapitaRchina: retraced down from 1.73 to current price 1.63, which is support level.
Entry: 1.635
Stop: below 1.62
Target: 1.705

 GLP: It bounced recently from bottom 2.41 to 2.61 then retraced down towards 2.41 again.
Entry: 2.41-2.44
Stop: below 2.4
Target: 2.61

Case Study: Chip Eng Seng

Chip Eng Seng had bullish breakout signal on Friday, resistance 90.5c was taken over, more upside is expected.

Case Study: YZJ Ship

YZJ ship building SGD broke out from its more than one year consolidation range (Refer to below chart red box), break 1.24 resistance level last week, upside move resumed, more upside is expected.

Long Candidates HK Stocks

Citic 267.HK

1788.HK so far have fullfilled all the textbook fibonacci levels. Next level is 423% at 8.3, let's see can it go there.

Capture on the Rise of China Stocks

iShare FTSE A50 （2823.HK) tracks China's top 50 blue chips listing in China mainland. It has broken up its multi-year downtrend on super high volume, which indicating further rebound afterwards. Buy on retracement.

STI Index Stocks Pick

ST Engineering Hit Support 3.35

STI Engineering retraced to its fib level yesterday, might be a techincal support level at 3.35 which is 38.2%.

Few Bullish Setup

Shanghai Hongkong Stock Connect Will be Start on Nov 17

It was announced today that the long-waited Shanghai-Hongkong Connect(沪港通) is scheduled to start on next Mon Nov 17.

Hk Stocks related in focus:
基建类：中国机械工程（1829.HK），中国中铁（0390.HK）中国铁建（1186.HK）
基建类应该是首当其冲的受益者，也是目前市场炒的最凶的。

交运，港口运输：中国南车（1766.HK），中国北车（6199.HK）南车时代电气（3898.HK）中集集团（2039.HK）中国远洋（1919.HK）
交运是和基建相辅相成的，因为建设必然会有运输。

传统过剩行业：安徽海螺水泥股份（0914.HK），华润水泥控股（1313.HK），中国建材（2323.HK），马鞍山钢铁股份(0323.HK)，重庆钢铁股份（0323.HK）

Few bullish charts as updated today:

Hongkong Stocks Bullish Setup

Few Notable Charts

Pacific Radiance

As I first posted on 19 Oct( click HERE), it had 2.3% gain in this week, close at 1.11. Further upside is expected. As seen in its weekly chart below. Major support level at 1.085-1.03, target is 1.28.

Singpost: The one and the only blue chips in SG market has been keeping its nice uptrending so far.

Vard: dropped below its IPO price 66c this week then rebounded. immediate target is at 79c which is support turn to possible resistance level.

Few Bullish Setup

M1
OCBC
Pacific Radiance

HSBC HK/China Model Portfolio