Groupon; the forgotten internet jewel

Once an internet darling in the 1990s, this stock has faded into the sub 5 price zone 

and had hardly any news in the media. If the forthcoming corporate results remain 

dismayed, then the price might retest the previous low of 2.83 (Nov and Dec 2018). 

Alternatively, if results are good, then we can expect the price to retest the resistance 

zone of 4.0 and even goes beyond to retest the previous high of 5.5. This remains a speculative play for now though the price action has broken out of the bearish trend 

line but its uncertain results could brings its downfall back once more. One has to 

have a longer time frame to play this counter. 

THIS IS NOT A RECOMMENDATION TO TRADE. ALL IDEAS SHARED HERE ARE FOR REFERENCES PURPOSES AND YOU ARE ADVISED TO DO YOUR OWN DUE DILIGENCE. TRADING CAN POTENTIALLY WIPE OUT YOUR CAPITAL SO PLEASE ENSURE YOU HAVE A TRADING PLAN, UNDERSTAND THE RISKS AND REWARDS INVOLVED AND HAVE THE NECESSARY STOP LOSS IN PLACE. TRADE SAFELY !

Comments

Food Empire Holdings - a multi bagger

I have this counter for more than a decade, so long that I almost forgot about it. It was invested using my CPF OA account. It was around 0.25 that I purchased it and it went to a high of 0.77 in May 2017, 2 years ago. There are two ways that the price action can move now. 1. To break out from the green diagonal line and head northwards. 2. To break down from the orange diagonal line and heads south. I will monitor for a period before deciding to sell this counter. Beside already being a market leader in the 3-in-1 instant coffee market in Eastern Europe, it is now making foray into the Vietnam market as well. RHB has upgraded from a neutral rating to buy with a 0.66 target. THIS IS NOT A RECOMMENDATION TO TRADE. ALL IDEAS SHARED HERE ARE FOR REFERENCES PURPOSES AND YOU ARE ADVISED TO DO YOUR OWN DUE DILIGENCE. TRADING CAN POTENTIALLY WIPE OUT YOUR CAPITAL SO PLEASE ENSURE YOU HAVE A TRADING PLAN, UNDERSTAND THE RISKS AND REWARDS INVOLVED AND HAVE THE NECESSARY STO...

Venture Corporation Ltd - a shorting or buying opportunity?

Rationally, the arrows on my chart looks like the next possible moves for this counter. However, the market in the short term is more erratic than we expect it to be. So, it is also possible that a rebound may takes place before the price close the gap, hovers a little and then close the gap. Here's DBS analyst coverage here . I am keen to acquire a small share of this great company when the gap is closed. THIS IS NOT A RECOMMENDATION TO TRADE. ALL IDEAS SHARED HERE ARE FOR REFERENCES PURPOSES AND YOU ARE ADVISED TO DO YOUR OWN DUE DILIGENCE. TRADING CAN POTENTIALLY WIPE OUT YOUR CAPITAL SO PLEASE ENSURE YOU HAVE A TRADING PLAN, UNDERSTAND THE RISKS AND REWARDS INVOLVED AND HAVE THE NECESSARY STOP LOSS IN PLACE. TRADE SAFELY !

A piece of China property @ Dasin Retail Trust

Know more about this Business trust here . I find this kind of chart a little challenging to plot the trends. I like this trust as it is focus on China retail properties , one that is being focused by the Government - The Greater Bay area. It is even better as it provides high dividends as well. Once the price falls to the diagonal trend line, I would make my first purchase. THIS IS NOT A RECOMMENDATION TO TRADE. ALL IDEAS SHARED HERE ARE FOR REFERENCES PURPOSES AND YOU ARE ADVISED TO DO YOUR OWN DUE DILIGENCE. TRADING CAN POTENTIALLY WIPE OUT YOUR CAPITAL SO PLEASE ENSURE YOU HAVE A TRADING PLAN, UNDERSTAND THE RISKS AND REWARDS INVOLVED AND HAVE THE NECESSARY STOP LOSS IN PLACE. TRADE SAFELY !

HandofGod

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