iVSAChart Follow The Smart Money: 2018

Monday, May 21, 2018

What is a market order?

A market order is a buy or sell order to be executed immediately at current market prices. As long as there are willing sellers and buyers, market orders are filled. Market orders are therefore used when certainty of execution is a priority over price of execution. A market order is the simplest of the order types.

Sunday, May 20, 2018

Major & Minor Diamond Buy May 16, 2018

Major

KLSE

AEON CREDIT SERVICE (M) BHD
closing price (minor green diamond) 14.20

Nasdaq

Momenta Pharmaceuticals Inc Common
closing price (major green diamond) 22.65

Minor

KLSE

LEE SWEE KIAT GROUP BHD
closing price (minor green diamond) 0.83

NYSE

Tennant Co Common
closing price (major green diamond) 75.28

Nasdaq

Matrix Service Co Common
closing price (major green diamond) 18.15

Wide diversification...

In the beginning, diversification is relevant. Once you've gotten your feet wet and have confidence in your investments, you can adjust your portfolio accordingly and make bigger bets.

Thursday, May 17, 2018

Major & Minor Diamond Buy May 15, 2018

Major

KLSE

DIALOG GROUP BHD
closing price (major green diamond) 3.32

NYSE

Moelis & Co A Common
closing price (major green diamond) 57.70

Nasdaq

Tecogen Inc Common
closing price (major green diamond) 3.58

Minor

KLSE

RHB CAPITAL BHD
closing price (major green diamond) 5.48

NYSE

Acorn International Inc ADR
closing price (major green diamond) 28.98

Nasdaq

Loxo Oncology Inc Common
closing price (major green diamond) 140.58

To live is the rarest thing...

A good inspirational quote to ponder about.

Wednesday, May 16, 2018

EcoPetrol SA ADR - May 16, 2018 (Weekly Stock Pick)

Based on EcoPetrol SA ADR weekly chart, a clear smart money campaign happened from accumulation (stage 1) followed by mark-up (stage 2). Smart money took a 5 months, from May 2017 to Oct 2017, to accumulate, with the evidence of Sign of Strength as iVSA chart above. EcoPetrol SA ADR broke through the resistance level in Oct 2017 with volume. Smart money continues to mark-up the price in few weeks after the breakout.

Price is consistently moving upwards. EcoPetrol SA ADR reached maximum high and we can see great profit taking have take place. To ensure the smart money continues to participate on the uptrend, we prefer to wait for more Sign of Strength.

Weekly Market Outlook for FBM KLCI by iVSAChart - May 16, 2018

In the past few months, KLCI market was remarkably moving upwards, In a few days, it started moving sideways.

A recap of FBM KLCI recap market outlook is noted below:

Looking at the Major Green Diamond Buy Signal on March 22, 2017, 1873.00 was the closing price. According to iVSAChart ATA Diamond observing the bar next day, the buy condition has been triggered.

Based on the 6-month period chart, on April 4th, we noticed the Red Diamond (sell signal) appeared. There has been slight decrease about 2.51% on FBM KLCI, within the last couple of months.

With closing price of 1873.00 noted on April 11, 2018, trend reversal which indicates Sign of Strength together with both Green Diamond Buy Signals.

The Red Sell Diamond (sign of weakness) appeared on April 4, 2018, but Sign of Strength was spotted on April 11 and 18, 2018 but red sell diamond reappeared on April 24, 2018. This state that the market has started to weaken, despite the strong signals that rallied in the past few months.

To stay ahead of the others, do follow us to get the updated Market Outlook!

Disclaimer: This post is meant for information sharing. It does not served as trading ideas for buy or sell. Please do your research and practice prudent risk management as you are responsible for your own decisions.

Major & Minor Diamond Buy May 14, 2018

Major

KLSE

UCHI TECHNOLOGIES BHD
closing price (minor green diamond) 2.93

SGX

Sino Grandness Food Industry Group Ltd
closing price (minor green diamond) 0.22

HKEX

GENSCRIPT BIOTECH CORP
closing price (minor green diamond) 28.5

NYSE

Ecopetrol SA ADR
closing price (major green diamond) 23.18

Nasdaq

Athersys Inc Common
closing price (minor green diamond) 2.21

Minor

KLSE

TOP GLOVE CORPORATION BHD
closing price (major green diamond) 10.14

SGX

Olam International
closing price (major green diamond) 2.32

HKEX

TIMES PROPERTY HOLDINGS LIMITED
closing price (major green diamond) 11.88

NYSE

Canadian Natural Resources Ltd Common
closing price (major green diamond) 38.71

Nasdaq

ArQule Inc Common
closing price (minor green diamond) 3.41

What is a limit order?

A limit order is an order to buy or sell at a specified price or better. A buy limit order (a limit order to buy) is executed at the specified limit price or lower (i.e., better). Conversely, a sell limit order (a limit order to sell) is executed at the specified limit price or higher (again, better).

Tuesday, May 15, 2018

Major & Minor Diamond Buy May 11, 2018

Major

NYSE

Universal Insurance Holdings Inc Common
closing price (minor green diamond)34.65

Nasdaq

Sarepta Therapeutics Inc Common
closing price (major green diamond)92.89

Minor

NYSE

Goldman Sachs MLP and Energy Renaissance CEF
closing price (major green diamond) 5.22

Nasdaq

Grifols SA ADR
closing price (major green diamond) 22.93

Monday, May 14, 2018

STI.SI (3-month period) - SGX Market Review

Red sell and green diamonds were spotted on this 3-month period. The market became bearish since the appearance of the red diamond on May 7, 2018. On April 30, 2018 line change was noted. The market has moved above the 50MA support line since April 8, 2018. The Market Stage was red on May 14, 2018 which is not healthy for the SGX. A decrease in volume was noted today.

FTSE KLCi (3-month period) - KLSE Market Review

Green and Red diamonds were spotted on this 3-month period. The market has turned bearish since the appearance of red diamond on April 24, 2018. On May 14, 2018 line change was noted. The market has moved above the 50MA support line since April 6, 2018. The Market Stage was green on May 14, 2018 which is healthy for the KLSE. An increase in volume was noted today.

Major & Minor Diamond Buy May 10, 2018

Major

NYSE

S&P 500 INDEX
closing price (minor green diamond) 2723.07

What is bear market?

A bear market is a condition in which securities prices fall and widespread pessimism causes the stock market's downward spiral to be self-sustaining. Investors anticipate losses as pessimism and selling increases. Although figures vary, a downturn of 20 percent or more from a peak in multiple broad market indexes, such as the Dow Jones Industrial Average (DJIA) or Standard & Poor's 500 Index (S&P 500), over a two-month period is considered an entry into a bear market.

Sunday, May 13, 2018

Major & Minor Diamond Buy May 9, 2018

Major

SGX

S&P 500 INDEX
closing price (minor green diamond) 2723.07

HKEX

PRADA S.P.A.
closing price (minor green diamond) 45.68

Nasdaq

NAS/NMS COMPSITE
closing price (minor green diamond) 7399.90

Minor

HKEX

AAG ENERGY HOLDINGS LIMITED
closing price (major green diamond) 1.58

NYSE

DOW JONES INDUSTRIAL AVERAGE
closing price (major green diamond) 24542.54

Everyone has the brainpower...

Famous Peter Lynch quotes such as “Investing without research is like playing stud poker and never looking at the cards.” are based on using common sense which is what made him one of the greatest Wall Street Stock Investors of all times.

Thursday, May 10, 2018

Major & Minor Diamond Buy May 7, 2018

Major

SGX

CHINA EVERBRIGHT
closing price (minor green diamond) 0.43

Minor

SGX

CSE Global Ltd
closing price (major green diamond) 0.43

The stock market to me...

A good quote from Jo Nesbo, a Norwegian writer, musician, and former economist and reporter.

Wednesday, May 9, 2018

Weekly Market Outlook for FBM KLCI by iVSAChart - May 9, 2018

In the past few months, KLCI market was remarkably moving upwards, In a few days, it started moving sideways.

A recap of FBM KLCI recap market outlook is noted below:

Looking at the Major Green Diamond Buy Signal on March 12, 2017, 1873.00 was the closing price. According to iVSAChart ATA Diamond observing the bar next day, the buy condition has been triggered.

Based on the 6-month period chart, on April 4th, we noticed the Red Diamond (sell signal) appeared. There has been slight decrease about 2.51% on FBM KLCI, within the last couple of months.

With closing price of 1873.00 noted on April 11, 2018, trend reversal which indicates Sign of Strength together with both Green Diamond Buy Signals.

To stay ahead of the others, do follow us to get the updated Market Outlook!

PRADA S.P.A. - May 9, 2018 (Weekly Stock Pick)

Based on PRADA S.P.A. weekly chart, a clear smart money campaign happened from accumulation (stage 1) followed by mark-up (stage 2). Smart money took a 8 months, from May 2017 to Jan 2018, to accumulate, with the evidence of Sign of Strength as iVSA chart above. PRADA S.P.A. broke through the resistance level in Jan 2018 with volume. Smart money continues to mark-up the price in few weeks after the breakout.

Price is consistently moving upwards. PRADA S.P.A. reached maximum high and we can see great profit taking have take place. To ensure the smart money continues to participate on the uptrend, we prefer to wait for more Sign of Strength.