STATS ChipPAC: 10 June 2014, Tuesday, 8.21am Singapore Time

STATS ChipPAC (Chart 1): 10 June 2014, Tuesday, 8.21am Singapore Time

Chart courtesy of Chartnexus.com

Attached above is the STATS ChipPAC Technical Analysis:

+ Broken up descending triple bottom consolidation previously

+ Price Satisfaction Zone (PSZ) of the breakup is 68 cents. 

+ 67-68cents area is where major profits taking will be executed

+ Above chart also shows what had been happening leading to the break up. 

STATS ChipPAC (Chart 2): 10 June 2014, Tuesday, 8.21am Singapore Time

Chart courtesy of Chartnexus.com

+STATS ChipPAC (Chart 2) shows the bull flag formed as well as the execution with PSZ coincidentally also at 68cents. 

+ 67-68 cents will hence see major profit takings.

+ The volume distribution also shows many retail traders being distributed with the stock.

STATS ChipPAC (Chart 3): 10 June 2014, Tuesday, 8.21am Singapore Time

Chart courtesy of Chartnexus.com

+ STATS ChipPAC (Chart 3) shows the buy volumes, accumulation volumes, triple bottom break-up volumes, flag break-up volumes and the risky-zone volumes.
+ The entry zones and their implications are also explained in chart.

+ There were not many early birds in this stock.

+ There were a huge number of late retail comers in this stock.
+ Be cautious.

Donovan Norfolk Technical Rating:
Price Satisfaction Zone To Be Hit at $0.67-$0.68 (67-68 cents) For Major Profit Takings.

Donovan Norfolk Ang

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FTSE ST Maritime Index: 10 June 2014, Tuesday, 4.56am Singapore Time

FTSE ST Maritime Index: 10 June 2014, Tuesday, 4.56am Singapore Time

Chart courtesy of Chartnexus.com

Resistance Layer 1 and Resistance Layer 2 are set up well to re-distribute.
These resistance layers are suppressing ship-building and shipping stocks in the financial markets over the very long term time frame.

Many market participants bought on break-up but have their money trapped by the resistances layers above.

Refer to the past layered resistances and their functions as per analysed in May 2014:

http://donovan-ang.blogspot.sg/2014/05/ftse-st-maritime-index-19-may-2014.html

The shipping and ship-building sector worldwide will be the first to turn as this is the weakest sector in all international financial markets.

Donovan Norfolk Technical Rating:
Bearish all shipping and ship-building stocks
Short/Sell

Donovan Norfolk Ang

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Crude Palm Oil (CPO): 5 June 2014, Thursday, 4.15pm Singapore Time

On 31st August 2013, Donovan Norfolk Ang's Market Analysis for Crude Palm Oil was (I quote):

"1. short-mid term movement of FCPO will be very bullish in 2013 until the target 2750-3000 is to be hit

2. Movement from longing point of 2410 RM towards the 3000 RM represents a potential profit of +24.5% without leverage, and a profit potential of +245.0% with a 10x leverage.

3. Such a movement was consistent with worldwide funds flow analysis of all financial markets that Big Hands and Smart Monies were longing and buying for rebounds."

Refer:

http://donovan-ang.blogspot.sg/2013/08/crude-palm-oil-fcpo-31-august-2013.html

All these long/buy targets had hit target with profits all taken off the table (triggered) and I had turned short/sell from the 3000 RM longs-profit-triggered target. After being bullish and making the big jackpot, I am turning short for the downside jackpot.

The following MONTHLY, WEEKLY AND DAILY Chart of Crude Palm Oil

shows you what is happening in the Crude Palm Oil markets as well as a display of all my track records.

Crude Palm Oil (CPO) Monthly Chart:

5 June 2014, Thursday, 4.15pm Singapore Time

Note that Crude Palm Oil is currently under long term suppression and is entrenched in a very long term bear market. A lot of resistances illustrated above, especially the Long Term Bear Market Enforcement Zone in LUMINOUS GREEN, is ensuring this very long term bearish downtrend.

A sufficiently powerful classical resistance as denoted by the three red "SUPPRESS" in the chart above is further capping the CPO market.

All palm oil commodities stocks to be suppressed.

refer as example recent palm oil commodities stocks' analyses:

1. http://donovan-ang.blogspot.sg/2014/03/wilmar-29-march-2014-saturday-1210pm.html

2. http://donovan-ang.blogspot.sg/2014/05/indofood-agri-31-may-2014-saturday.html

Crude Palm Oil (CPO) Weekly Chart:

5 June 2014, Thursday, 4.15pm Singapore Time

CPO also has a long term distribution shoulder-head-shoulder as above. 

This entire formation means that 1720 will be tested as the next support, and that 1720 region will be hit. 

This represents a further heavy -26.9% downside from current point.

Crude Palm Oil (CPO) Daily Chart:

5 June 2014, Thursday, 4.15pm Singapore Time

The above illustrates the resumption of long term downtrend once the price satisfaction zone as determined in August 2013 was hit in March 2014.

From chart above, Crude Palm Oil is guaranteed to break down multi-year low of 2137RM for a new multi-year low.

Donovan Norfolk Ang Technical Rating:

Stocks expected to be bearish during this FCPO Technical Long Term Downtrend Resumption:

Very Bearish on Palm Oil Stocks such as 

Wilmar, Golden Agri, Kencana Agri, First Resources etc

Bearish also on commodities stocks in general.

Bearish also on AUDUSD and NZDUSD.
Bullish on USDCAD.
(That is, bearish on commodities currencies: Aussie Dollar, New Zealand Dollar and Canadian Dollar)

Donovan Norfolk Ang

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Malaysia KLCI Index: 5 June 2014, Thursday, 12.53pm Singapore Time

Malaysia KLCI Index: 5 June 2014, Thursday, 12.53pm Singapore Time

Chart from Chartnexus.com

+ Warned in Nov of 2013-May of 2014 to get out of the financial markets. 

+ KLCI has since engaged in a 100 point distribution range, a distribution that was pre-warned.

+ Malaysia Market has executed a huge dump during the last trading day of May 2014.

+ Philippines also has also executed a huge sell on the last day of May 2014.

+ Big Hands used the price action in the RED BOX (in chart above) to set up unloads at excellent prices

+ Bearish Wedge is to break down soon.

+ Malaysia stocks to be bearish with selling pressure across the board, together with FKLI and KLCI breakdown.

+ No change in bearish stand.

+ Note the points of initial stage of bearish wedge and the end stage of bearish wedge

+ Distribution pattern is big

+ Bearish Volumes accompanied the escape wave for lay-out of shorts, as well as unloading, by Big Hands and Smart Money (see chart above)

<< WARNING: Failure To Rebound on MAXIMUM +10.000 FFA >>

+ Maximum +10.000 FFA in the big wind/broad market is completing and U-turning, and this had been the best performance that this stock can offer (to be trapped within bearish descending triangle and failure to rally).

+ Resumption in sell-off will now proceed to do further damage.

+ Financial markets are transiting to bear markets as per warned in Daily Funds Flow Analysis.

Donovan Norfolk Ang

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Philippines Stock Exchange Index (PSEi): 4 June 2014, Wednesday, 9.55pm Singapore Time

Philippines Stock Exchange Index (PSEi): 4 June 2014, Wednesday, 9.55pm Singapore Time

Major Distribution still in progress and ending. 

Major Downtrend is to resume now.

There is also huge dumping by smart monies, big hands and market movers in the Philippines financial markets while the public are all buying and pouring in to the stocks and equities markets in the midst of positive sentiments. Rosy outlook facilitates selling by the smart monies while public are willing buyers.
What better time than now to unload.

As per warned previously, Philippines Markets are SELL-ON-REBOUNDS and not for buying-on-dips in 2014. Many investors will find themselves losing money in stocks across the board while the index seems pretty rosy. That is the key.

Donovan Norfolk Ang Technical Rating:

Bearish
Long Term Downtrend

Short/Sell off

Donovan Norfolk Ang

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Gold: 4 June 2014, Wednesday, 3.25am Singapore Time

Gold: 4 June 2014, Wednesday, 3.25am Singapore Time

Added Gold Buys as investment at $1245 and $1246 respectively.

Gold is an undervalue below $1300 as per reiterated countless time under current market demand and supply conditions.

Past Gold Analysis:
http://donovan-ang.blogspot.sg/2014/05/gold-28-may-2014-wednesday-1217am.html

Donovan Norfolk Ang

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Spain IBEX: 4 June 2014, Wednesday, 3.11am Singapore Time

Spain IBEX: 4 June 2014, Wednesday, 3.11am Singapore Time

Price Satisfaction Zone: 10983 points

Spanish Markets and European Markets are at very major reversal zones.

Multiple price rejections also detected as above.

Donovan Norfolk Ang Technical Rating:

Bearish
Long Term Downtrend

Short/Sell off

Donovan Norfolk Ang

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Super Group: 2 June 2014, Monday, 12.47am Singapore Time

Super Group: 2 June 2014, Monday, 12.47am Singapore Time

Chart courtesy of Chartnexus.com

Attached above is self-explanatory. 

My Live Funds Flow Analysis warnings to get out of stocks-equities was in October-November of 2013 

(The Peak for Super Group)

Super Group has done super plunge since then and the large down trend sell off is far from over.

Super Group: 2 June 2014, Monday, 12.47am Singapore Time

Chart courtesy of Chartnexus.com

Attached above is self-explanatory. 

My Live Funds Flow Analysis warnings to get out of stocks-equities was in October-November of 2013 

(The Peak for Super Group)

Super Group has done super plunge since then and the large down trend sell off is far from over.

Super Group: 2 June 2014, Monday, 12.47am Singapore Time

Chart courtesy of Chartnexus.com

Attached above is self-explanatory. 

My Live Funds Flow Analysis warnings to get out of stocks-equities was in October-November of 2013 

(The Peak for Super Group)

Super Group has done super plunge since then and the large down trend sell off is far from over.

Super Group: 2 June 2014, Monday, 12.47am Singapore Time

Chart courtesy of Chartnexus.com

Attached above is self-explanatory. 

My Live Funds Flow Analysis warnings to get out of stocks-equities was in October-November of 2013 

(The Peak for Super Group)

Super Group has done super plunge since then and, with the BEAR FLAG formed, the large down trend sell off is far from over.

Donovan Norfolk Ang Technical Rating:

Bearish
Long Term Downtrend

Short/Sell off

Donovan Norfolk Ang

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CDL Hospitality Trust: 2 June 2014, Monday, 12.17am Singapore Time

CDL Hospitality Trust: 2 June 2014, Monday, 12.17am Singapore Time

Chart courtesy of Chartnexus.com

+ End of Bull Market in CDL HTrust had a high volume break-down in October-November 2012, a time when I had warned of Property transiting to Bear Market with my live analyses in October 2012.

+ This followed with an escape wave to form a strong double top (Bearish).

+ End of Bull Market in CDL HTrust received another high volume break-down in May 2013 to signal a double confirmation to the end of Bull Market for  CDL HTrust.

+ Intentions made known by market: Short on rebounds and never be buying counter-trend for rebounds as the reward-risk ratio is bad (major wave down, corrective wave up).

CDL Hospitality Trust: 2 June 2014, Monday, 12.17am Singapore Time

Chart courtesy of Chartnexus.com

+ CDL Hospitality Trust (CDL HTrust) displayed large major main-trend impulsive wave in RED. 

+ Counter-trend slow corrective wave is in GREEN. 

+ The correction up has ended with a price satisfaction zone at $1.84, and major selling wave is taking over. 

+ May 2014 price actions form strong BEAR FLAG. Amateurs meanwhile will be buying into this bear flag which is essentially a trap for amateurs. Markets have been waiting to kill amateur buyers. 

+ Bear Flag is ending its consolidation and resuming its main wave major trend as indicated by the RED ARROW. 

+ More supports will get broken down as shown by the RED ARROW.

+ Multi-year lows will be created with this down-slam. 

+ $1.47 will be broken down convincingly. 

+ REITS investors and property stocks investors will suffer yet more losses, a warning reiterated since October 2012.

Donovan Norfolk Ang Technical Rating:

Bearish

Short/Sell off
(Bearish in all Property Sector Stocks As Per Reiterated)

Donovan Norfolk Ang

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Craft Print: 1 June 2014, Sunday, 7.42pm Singapore Time

Craft Print: 1 June 2014, Sunday, 7.42pm Singapore Time

Chart courtesy of Chartnexus.com

Craft Print Technical Analysis as above:

This is one characteristic of what happens when we are at the end of major bull markets worldwide.

Just half a year ago, I already forewarned about this.

When dead pennies rise from the dead, and goes to heaven (10x-20x) within 1-2 months, it means there is nothing much for big hands, smart money and market movers to buy anymore; they can only microwave the pennies like pop-corn as they are whole hands and pockets loaded full of Long Term SHORTS in First Liner Big Cap Stocks, Mid-Cap 2nd Liners, Index Stocks, Blue Chips and etc except pennies.

The penny stocks such as the one above will then proceed to plunge severely.

Donovan Norfolk Ang

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UOL: 1 June 2014, Sunday, 11.20am Singapore Time

UOL: 1 June 2014, Sunday, 11.20am Singapore Time

Chart courtesy of Chartnexus.com

Property Bear Market as per previously warned beforehand.

+ High Volume Breakdown with Low Volume Backtest to confirm downtrend.

+ UOL is now following a RED channel downwave.

+ ORANGE circles above highlight the bear market transition in properties.

+ Those who are highly leveraged in properties will suffer great loss as the tide has turned.

+ Escape Wave had sucked in many retailers, traders and investors who never know they are counter-trend and risks of counter-trends are always much higher than with-the-trend.

Worldwide Financial Markets are transiting to Bear Market as per forewarned previously.

Donovan Norfolk Ang Technical Rating:

Bearish

Short/Sell off
(Bearish in all Property Sector Stocks As Per Reiterated)

Donovan Norfolk Ang

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Biosensors: 1 June 2014, Sunday, 8.30am Singapore Time

Biosensors: 1 June 2014, Sunday, 8.30am Singapore Time

Chart courtesy of Chartnexus.com

Attached above is a follow-up analysis on Biosensors.
(Current Price: 95 cents)

All past analyses on Biosensors here:

http://donovan-ang.blogspot.sg/search/label/Biosensors

 This is to illustrate my point that majority first liner stocks and second liner stocks are all showing signs of distress, with only these group of stocks going up:

1. Mainly the 3rd liner cheapskate penny stocks rallying

3. The 5% stocks (minority) rallying on change in fundamentals

95% stocks across the board are sell-on-rebounds as the high tide recedes.

Refer to my past analyses:

Biosensors first two targets are to:

1. break down 93 cents (1st target). With Volume.

2. break down 82 cents (2nd target). With Volume.

3. Hit 44.5 cents, or way worse, eventually at the end of the long term selling wave.

Worldwide Financial Markets are transiting to Bear Market as per forewarned previously.

Donovan Norfolk Ang Technical Rating:

Bearish

Short/Sell off

Donovan Norfolk Ang

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Keppel Land: 1 June 2014, Sunday, 6.30am Singapore Time

Keppel Land: 1 June 2014, Sunday, 6.30am Singapore Time

Chart courtesy of Chartnexus.com

+ $3.61-$3.66 resistance is the launch of the Bear Market for Keppel Land.

+ Major Wave is a downwave (refer above).

+ Big Consolidated Wave is part of a Big Major Selling Wave (refer above).

+ Small Counter-Trend wave above (Green triple bottom) is to throw confusion and add noise to the market.

+ The Green Triple Bottom is, as the structure shows, merely small rebounding escape wave.

+ The Green Triple Bottom small wave has reached price satisfaction and has ended its rebound.

+ In essence, the escape wave has ended.

+ Major wave (down-move) is ready to resume in June, July and August 2014.

+ Major wave will break down $3.00 psychological support and $2.95 technical support respectively since major wave is the main trend large wave.

+ Property stocks all across the board, such as that of Keppel Land here, will create new multi-year lows.

Donovan Norfolk Ang Technical Rating:
Bearish-biased.
Exit and Get Out of stocks & Equities.
Short/Sell off on opportunistic rebounds.
All property stocks bearish

Donovan Norfolk Ang

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UPP: 1 June 2014, Sunday, 5.50am Singapore Time

UPP: 1 June 2014, Sunday, 5.50am Singapore Time

Chart courtesy of Chartnexus.com

+ UPP executed a huge distribution as above.

+ Green Volume Bars were pump and dump and not real buys: retail buyers sucked in and trapped

+ Investors (significant number) are stuck with losses in this stock.

+ Consolidation is ending

+ Target is at least 10 cents

+ From current price, it will fall -61.5% in price.

UPP: 1 June 2014, Sunday, 5.50am Singapore Time

<< WARNING: Failure To Rebound on MAXIMUM +10.000 FFA >>

+ Maximum +10.000 FFA in the big wind/broad market is completing and U-turning, and this had been the best performance that this stock can offer (consolidation with 26.5cents-29.5cents test of resistance).

+ Resumption in sell-off will now proceed to do further damage.

+ Financial markets are transiting to bear markets as per warned in Daily Funds Flow Analysis.

Donovan Norfolk Ang Technical Rating:
Bearish-biased.
Exit and Get Out of stocks & Equities.
Short/Sell off on opportunistic rebounds.

Donovan Norfolk Ang

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