Tuesday, December 31, 2019

Broadway Industrial - Signs of Exhaustion


On 27 January, I cautioned that Broadway Industrial Group's recent rally may be running out of steam at 0.15. This morning it fell to a low of 0.127. This is a proprietary trading signal that I have been using to spot market top and bottom and it has worked so well with Broadway Industrial Group.


All posts and charts are for educational and illustration purposes only
Monday, December 30, 2019

SGX Lunchtime Seminar

I will be speaking at SGX lunchtime seminar next Monday, 6 Jan 2020, hope to see you there! https://www.sgxacademy.com/event/live-trading-hour-serving-up-opportunities-at-lunchtime-5/


All posts and charts are for educational and illustration purposes only
Friday, December 27, 2019
Thursday, December 19, 2019

McKesson - Legal Troubles

Pharmaceutical distributor McKesson (NYSE: MCK) remains in the spotlight for its role in the opioid epidemic. Earlier this month, McKesson agreed to settle a lawsuit with the state of West Virginia for $37 million. The lawsuit claimed that the company flooded the market with highly addictive narcotics and misled the public. This is just one of a multitude of settlements we expect McKesson to pay going forward. McKesson estimates opioid litigation alone will cost it $100 million in 2019 and $150 million per year starting in 2020. This litigation will only grow from here.

First posted on Facebook https://www.facebook.com/groups/rhosignals/


All posts and charts are for educational and illustration purposes only
Monday, December 9, 2019

Testimonials from Students of Robin's Trading Course (Nov 2019)

Last week, we concluded our final 6 days intensive trading course for 2019! Through 3 weeks of the course, some of the participants have managed to profit from the trade plans they did together in the class and earned back their course fees. Hope to see you at the next intake!








All posts and charts are for educational and illustration purposes only
Tuesday, December 3, 2019

S&P 500 - Flashing Red

S&P 500 could have topped out and could be heading for a huge correction.


All posts and charts are for educational and illustration purposes only
Monday, December 2, 2019

SGX – Breaking Out Of the Range


  • Recent price action triggers a bullish implication of a multi year basing pattern and breaking out of the 2016-2018 trading range between 6.80 to 7.70 adds more evidence to the upswing cycle.
  • Breaking above resistances at 8.50 and 8.80 will set the stock for another swing up to its next upside target at 9.60.
  • Staying firmly above its 200 days moving average since early 2019 confirms the uptrend is intact.
All posts and charts are for educational and illustration purposes only