Oriental Watch: +55% in Last 5 Months; Several Data Points Suggest More Upside Ahead

Oriental Watch Rally Barrier and Fade Levels

Oriental Watch: Remains Cheap at 0.6x P/B; 2.9x Ex-Cash P/E; 9.3% Div Yield & Cash Is 71% of Mkt Cap

Oriental Watch: 0.45x Book, 2x 2018 Ex-Cash P/E, 78% of Mkt Cap Is Cash; 10% Dividend Likely in 2018

Chart based progressive global trading strategies, Chart Partners

Thomas Schroeder

Chart based progressive global trading strategies

Chart Partners

Chart Partners objective is to discover medium-term cycle turns and profit opportunities before they unfold, within structural trends while preserving capital with clear degrees of risk. We have real return ideas. 

Markets are dynamic and trading systems must reflect this. It is crucial to determine underlying correlations and lead-lag relationships within global markets and the impact on linked instruments. Our weekly Chartonics product gives you short-term trading strategies that can be applied within the medium and longer term macro trends that are mapped out in our strategy updates. 

Our methodology fuses global market variables and isolates drivers in trends. We specialize in FX, index trade in NY and Asia with a focus on Asian stocks. 

Technical Analysis

<p>Oriental Watch exhibits some clear break points to take action and a compelling weekly chart cycle that sets the stage for a bullish resolution out of the range. How long this flat range extends is the risk before we see upside ignition. Noise risk would stem from a temporary break below lower pattern support.</p><p>When price trades flat as daily and weekly indicator cycles pullback, it typically is a bullish set up as the weekly RSI coils to unleash a fresh up cycle. The daily cycle will lead a the…</p>

Oriental Watch exhibits some clear break points to take action and a compelling weekly chart cycle that sets the stage for a bullish resolution out of the range. How long this flat range extends is the risk before we see upside ignition. Noise risk would stem from a temporary break below lower pattern support.When price trades flat as daily and weekly indicator cycles pullback, it typically is a bullish set up as the weekly RSI coils to unleash a fresh up cycle. The daily cycle will lead a the…

Oriental Watch Bullish Resolution and Action Points