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Showing posts with label SSteel. Show all posts
Showing posts with label SSteel. Show all posts

Monday, 19 February 2018

Southern Steel (KLSE: 5665): 19 February 2018, Monday, 8.43am Singapore Time

Southern Steel (KLSE: 5665): 
19 February 2018, Monday, 8.43am Singapore Time
(Click on Technical Chart Above to Expand)

Attached is the technicals for Southern Steel, a stock listed in the Emerging Market of Malaysia (KLSE: 5665). 

The dark green region is my live analyses back in 1H-2016 calling 1H-2016 to be rock bottom of Asian markets' bearish weakness of 2H-2013 to 2H-2015 which caused most people to lose most money in the most fakely bullish times (using index strength to kill broad market stocks). This mostly enacted per my live warnings, including the precision bottom.

The light green region is my live analyses in 2H-2016 and November 2016 calling for strong buys in steel stocks, metal stocks and raw material stocks (Refer to past track records attached below that had been time-stamped and tracked by followers worldwide). Many of my followers are already sitting on huge gains on steel/metal stocks such as USX-Steel Corp (NYSE), Angang (HKSE), Press metal (KLSE), Malaysia Steel (KLSE) and Southern Steel (KLSE).

  The series of high volume flows as indicated by the dark green volumes are all impulsive buy volumes which ate up everything at the sell queues on offer. There were not much unloads each time after the big buys occurred in the market. Most of the time only naive and ignorant retail investors and day traders are getting out at low prices but smart monies continuously took over the buy positions. 

Southern Steel also easily executed a gap-up with high volume recently in February of 2018, eating up everything at the sell queue on offer. This is done right after the worldwide fearful correction of February 2018. While everyone sells, the smart monies grabbed the opportunity to eat up everything on offer once again. This is a display of high confidence that the stock price is still very cheap based on future earnings this company is to continue to reap in.

Based on the entire series of volume flow, Southern Steel has yet another +100% profits upside from here. This gives Southern Steel the next target price of 4.56. This represents +608% returns from my 1H-2016 scoop-the-bottom operations, +368% returns from my November-2016 scoop the bottom operations and a +200% returns from my February-2018 scoop-the-bottom operations (for averaged up addition of buys on Steel-Metal stocks worldwide).


The Donovan Norfolk Technical Ratings:
HIGHLY BULLISH ON COMMODITIES-RAW MATERIALS SUCH AS STEEL AND METALS


Past Analysis on Steel and Metals Worldwide (Track Records):

(These trenders will continue to go trending up powerfully and widen the gap from the pack)
http://donovan-ang.blogspot.sg/2018/01/commodities-cyclical-upturn-to-come.html


Monday, 8 January 2018

Commodities' Cyclical Upturn To Come: Which are the Malaysia's top 8 finest breed which will keep going up in 2018 with minimal risk and maximal upside? 8 January 2018, Monday, 1.58am Singapore Time

Commodities' Cyclical Upturn To Come: 
Which are the top 8 Malaysia's finest breed which will keep going up in 2018 with minimal risk and maximal upside?
8 January 2018, Monday, 1.58am Singapore Time
(Click on Technical Relativity Chart above to Enlarge)

Attached above is the Technicals of the Past Half-Year Trending Relativity of the commodity stocks in Malaysia. The FTSE ST Basic Materials Index is used for the bench-marking process and has been flattened to neutrality for the benchmarking. The litmus result yields the finest breed horse from among the soon to come cyclical upturn of commodity sector worldwide. In essence, we are obtaining the strongest horse and the strong horses that have at least 90% winning edge.

In the short-mid term going into 2018, Sino Hua-An and Heng Yuan came in as the cream of the crop. Hibiscus, Press Metal Aluminium Holdings, Malaysia Steel Works and Guan Chong Bhd make up the next layer of cream for the upcoming commodities cyclic boom. This is then followed by Southern Steel and Ann Joo Resources. The edge for these top 8 commodity stocks usually lasts long. They are generally performing far superior compared to the industry. The trend is likely to carry on in 2018 and 2019.

As these are the horses with the strongest legs and sufficiently high liquidity, all supports will be successfully absorbed by buy queues. They will have limited downside and maximal upside because the worldwide commodity sector's winter is to come to an end in 2018. 

The Donovan Norfolk Technical Rating:
Bullish
Worldwide Commodity Sector's Cyclical Winter is to come to an official end now

Thursday, 10 November 2016

The fierce fight for steel between USA and China from 2017 onwards: 10 November 2016

Steel commodity, steel companies and steel stocks all over the world will rally very fiercely in 4Q-2016 and 2017

Whatever that is related to steel will all glitter from 4Q-2016 onwards. The price of steel and infrastructure-commodities will shoot up tremendously because the big economies are turning to infrastructure development at the same time. Steel commodity, steel companies and steel stocks all over the world will rally from the bottom now. Donald Trump will lift the price lid on steel. 

It will be a fight for steel now between China and US. China wants to develop Asia's railway network, and US is there to fight for the steel and jack up the prices. US wants to develop infrastructure for the long term now. China's Silk Road railway network may have to be done with much difficulty. 

If you want to make good money, but have no idea how to, below are some trade ideas. Stay vested for at least 1 year, rewards will be good:

Dow Jones US Steel Index 
as litmus indicator of Worldwide Steel Prices
Uptrend with 200MA and 50 MA both acting as major supports;
all buying are high volume real buys

USX-US Steel Group Inc (NYSE: X)
Large US Steel Corporation
Uptrend with 200MA and 50 MA both acting as major supports

Pohang Iron and Steel, POSCO (NYSE: PKX)
Large Korean Iron and Steel Corporation
Uptrend with 200MA and 50 MA both acting as major supports

Tata Steel (NSE: TATASTEEL.IN)
Large India Steel Corporation
Uptrend with 200MA and 50 MA both acting as major supports

VanEck Vectors Steel ETF (NYSE: SLX)
Steel ETF: Investing in Steel directly
Uptrend with 200MA and 50 MA both acting as major supports

Gibraltar Steel Corp (NASDAQ: ROCK)
Investing in other steel companies besides the giants
Uptrend with 200MA and 50 MA both acting as major supports


CosmoSteel listed in Singapore SGX
(SGX: B9F, CosmoSteel)
Bottoming with low volume market re-accumulation


Angang Steel Co. (HKSE: 00347)
a large China steel corporation that is listed both in Hong Kong and China
Bullish Rounding Bottom

Malaysia Steel Works KL Bhd (KLSE: 5098)
a steel company listed in Malaysia KLSE
Bullish cup and handle accompanied with real solid volume of buy-ups; a show of intention.

PMETAL (KLSE: 8869)
a metals company listed in Malaysia KLSE
Bullish cup and handle accompanied with confirmation of change of trend to large uptrend

SOUTHERN STEEL (SSTEEL) (KLSE: 5665)
a steel company listed in Malaysia KLSE
Green circled region: change of trend to large uptrend.
Light green circled region: double confirmation of huge uptrend to come.

TKC Steel Corp (PSE: T)
a steel company listed in Philippines PSE
Breakup with high volume and buy-up with high volume at major resistance-turned-supports;
a show of intention.

Triangulation achieved.

Donovan Norfolk Technical Ratings:
BUY PLENTY OF STEEL AND METAL STOCKS TO GET RICH
HIGHLY BULLISH ON RAW MATERIALS SUCH AS STEEL AND METALS