iVSAChart Follow The Smart Money: April 2018

Monday, April 30, 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 April 4, 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 green on April 30, 2018 which is healthy for the SGX. An increase 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 4, 2018. On April 19, 2018 line change was noted. The market has moved above the 50MA support line since April 6, 2018. The Market Stage was green on April 30, 2018 which is healthy for the KLSE. A decrease in volume was noted today.

Major & Minor Diamond Buy April 25, 2018

Major

NYSE

USANA Health Sciences Inc Common
closing price LC (major green diamond) 108.85

Nasdaq

Integra LifeSciences Holdings Corp Common
closing price LC (major green diamond) 58.98

Minor

KLSE

SCICOM (MSC) BHD
closing price LC (major green diamond) 1.96

NYSE

PIMCO Corporate & Income Opportunity Fund CEF
closing price LC (minor green diamond) 17.40

Nasdaq

NxStage Medical Inc Common
closing price LC (minor green diamond) 26.79

What is a bid?

A bid is an offer made by an investor, a trader or a dealer to buy a security, commodity or currency.

Sunday, April 29, 2018

Major & Minor Diamond Buy April 24, 2018

Major

KLSE

LEE SWEE KIAT GROUP BHD
closing price LC (minor green diamond) 0.72

SGX

Yongnam Holdings Ltd
closing price LC (minor green diamond) 0.32

HKEX

YURUN FOOD ORDINARY
closing price LC (minor green diamond) 1.25

NYSE

Barclays Bank iPath Bloomberg Cocoa Subin ETN
closing price LC (major green diamond) 34.50

Nasdaq

Vera Bradley Inc Common
closing price LC (minor green diamond) 11.26

Minor

KLSE

BERJAYA ASSETS BERHAD
closing price LC (major green diamond) 0.45

HKEX

CHINARES CEMENT
closing price LC (major green diamond) 7.84

NYSE

CMS Energy Corp Common
closing price LC (minor green diamond) 46.44

Nasdaq

Enterprise Financial Services Corp Common
closing price LC (major green diamond) 49.75

The stock market is a giant distraction...

A good quote to ponder....

Thursday, April 26, 2018

Major & Minor Diamond Buy April 23, 2018

Major

SGX

Vicom Ltd
closing price LC (minor diamond) 6.21

NYSE

Superior Energy Services Inc Common
closing price LC (minor diamond) 10.07

Nasdaq

United Fire Group Inc Common
closing price LC (minor diamond) 49.94

Minor

HKEX

ORIENTAL WATCH STK
closing price LC (major diamond) 2.48

NYSE

BB&T Corp Common
closing price LC (major diamond) 69.68

Nasdaq

Town Sports International Holdings Inc Common
closing price LC (major diamond) 9.00

When people are determined...

YOU can be that great generation. Let your greatness blossom.” “What counts in life is not the mere fact that we have lived. It is what difference we have made to the lives of others that will determine the significance of the life we lead.”

Wednesday, April 25, 2018

MALAYAN BANKING BHD - April 25, 2018 (Weekly Stock Pick)

Based on Malayan Banking BHD weekly chart, a clear smart money campaign happened from accumulation (stage 1) followed by mark-up (stage 2). Smart money took a 9 months, from April 2017 to Jan 2018, to accumulate, with the evidence of Sign of Strength as iVSA chart above. Malayan Banking BHD 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. Malayan Banking BHD 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 - April 25, 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 April 20, 2018

Major

HKEX

WANT WANT CHINA
closing price LC (minor green diamond) 6.69

NYSE

Bank of America Fl/R Series 2 DS Pfd
closing price LC (minor green diamond) 22.25

Nasdaq

Timberland Bancorp Inc Common
closing price LC (minor green diamond) 32.57

Minor

HKEX

NAGACORP LTD
closing price LC (minor green diamond) 8.17

NYSE

Macy's Inc Common
closing price LC (minor green diamond) 29.96

Nasdaq

Timberland Bancorp Inc Common
closing price LC (minor green diamond) 36.00

What is sell?

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.

Tuesday, April 24, 2018

Major & Minor Diamond Buy April 19, 2018

Major

KLSE

HONG LEONG BANK BHD
closing price LC (major green diamond) 19.26

SGX

Hotel Grand Central Ltd
closing price LC (minor green diamond) 1.58

NYSE

HEICO Corp Common
closing price LC (minor green diamond) 92.11

Nasdaq

USA Truck Inc Common
closing price LC (minor green diamond) 28.18

Minor

KLSE

HONG LEONG FINANCIAL GROUP BHD

closing price LC (minor green diamond) 19.60

Nasdaq

Bellerophon Therapeutics Inc Common

closing price LC (minor green diamond) 2.18

Monday, April 23, 2018

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, 2018. On April 19, 2018 line change was noted. The market has moved above the 50MA support line since April 6, 2018. The Market Stage was red on April 23, 2018 which is not healthy for the KLSE. A decrease in volume was noted today.

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 March 19, 2018. On April 10, 2018 line change was noted. The market has moved above the 50MA support line since April 8, 2018. The Market Stage was green on April 23, 2018 which is healthy for the SGX. A decrease in volume was noted today.