Today’s Special: 18 April 2020

Frankly, I do not have faith in the recent rally. Time will tell whether the fundamentals will be reflected dearly in the markets. Anyway, since we are all under lock-down, thought of looking at possible short term trading opportunities.

Ranhill (Country: Malaysia): My Buy signal has been triggered. It is currently trading at about 3.7% div yield. Likelihood of further upside if it breaches the 200D-MA. Perhaps, an entry closer to $1.0?


INTEL (Country: US): Buy signal triggered. Moving averages are aligned. Anticipating target price of $69-70, with resistance at about $52.75. Prefer to look at a put credit spread with short put at $52.5, long put at $50.0. Based on TastyWorks platform, with expiry @ 15 May 2020, POP is about 81%.



This post is not an investment advice or endorsement. Kindly refer to general disclaimer of this blog.

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