Thursday 30 October 2014

SingPost is Strong! Hope it can sustain..

SingPost meet $2 may become resistance if price retrace and test again, forming chart pattern and hold well at support $1.945 will be good before it break $2, if price keep moving up when volume thin down I advice take profit and run first!


Wednesday 29 October 2014

Osim is today's SuperStar!

Osim Gap down with Huge Volume, $1.80 may be the last line of defense. With this kind of drop the rebound may be "Fast & Furious"! The question is When? If you suffer the loss till now, can received of Dividend ease the pain? 




Monday 27 October 2014

Keppel Corp Top 20 Volume means Pay Attention!

Keppel Corp past few trading day rebound very weak, today heavy selling achieve top 20 volume, if break $9.37 may test $9 support. Since past few years this stock ranging between $9.50 to $11, now it had broke several support, every rebound may experience selling pressure ahead.


Europe DAX German Market had form Topping pattern!

Europe DAX German market had form "Head & Shoulder" chart pattern and a lower low, its difficult to clear 10000 point and now bear is in control. 
During the European Debt Crisis the DAX still trending up, how about now? What crisis shall name this? How much it would affect the world market? 


US Dow face over head resistance 17000, 17351 point New High!

US Market Dow is going to form a topping chart pattern, if it able to hold above 17000 point and form consolidate pattern and break new high with volume shall develop new up trend. 
Dow had form a lower low 15855 point (15 Oct 14) , when it form a lower high is not good, bearish chart pattern.






Sunday 26 October 2014

STI facing the 3300 point challenge

STI rebound this week and next week going to testing resistance, if it can hold 3200 point consider strong. This is a counter trend rebound, down trend not ending yet!



Thursday 23 October 2014

SingTel Strong Rebound, for how long?

SingTel may face resistance at $3.85, stop loss price $3.69 or $3.62. New high above $3.98. It is now side way ranging more difficult to trade.


Wednesday 22 October 2014

Genting Sing Hammer candle stick again! This time with High Volume!

Genting Sing went lower near $1 close with a Hammer candle stick pattern with High Volume! Did you smell Blood? It attract SHARKS!



Tuesday 21 October 2014

Wilmar challenge the overhead resistance!

Wilmar strong rebound after reversal candle stick "Hammer", short term trader ready to take profit. Overhead Resistance meet selling pressure at $3.13 and $3.23 if it break down trend line.



Monday 20 October 2014

SingPost testing resistance of 10 years high

SingPost broke up from chart pattern, testing new high resistance $1.89. Stop loss $1.855 or $1.83. Usually after break up resistance will have a reaction of retrace to test support before continue new trend.


Sunday 19 October 2014

Genting Sing got a Hammer Candle Stick

Genting Sing show reversal candle stick pattern, rebound may break down trend line. Overhead resistance $1.10, $1.20, $1.30 getting harder to clear. $1 is the support to watch. Buy position still high risk, hit & run trade must watch support and resistance closely.


US Dow rebound form reversal candle stick pattern.

US Dow Jones Ind. rebound last Friday may boost Asia market next trading day. Follow up strength (Volume) determine the trend direction, chart show a initial down trend pattern.


Saturday 18 October 2014

SembCorp Marine resistance at $3.80

SembCorp Marine next week rebound may face strong resistance at $3.80, price chart have not form reversal bottoming pattern yet, thus down trend may continue if break $3.54.






Friday 17 October 2014

STI due for rebound, at least take a break.

STI drop fast and may rebound next week, support at 3100. Some component stock like SembCorp Ind , SembCorp Marine, Keppel Corp and Gent Sing etc. had oversold and may rebound any time. Short seller may take profit and close their positions. 




SembCorp Ind will step the brake anytime.

SembCorp Ind. current trade to a low at $4.75 till 1.30pm (17 Oct 14 Friday). Chart look like panic selling, when mass investor expect to buy at a "reasonable" price, it will rebound. Meantime $4.70 is a strong support. Nevertheless this stock has begin a downtrend move, to reach $5.49 (3 years High on 24 Jul 14) become a "mission impossible".


Thursday 16 October 2014

Wednesday 15 October 2014

SMRT hit stop loss RUN!

SMRT price had made its decision towards downside, have you made yours? 


Vard hit the ground with Top Volume

Vard hit a low at $0.63 today (15 Oct 2014 till 4pm), holding this stock is betting on the mercy of the market! Did I tell you don't buy this stock before? Bottom fishing may bite by shark!


Tuesday 14 October 2014

SMRT time to take a "Break"

SMRT testing support, if you holding this stock should tighten your stop loss.


DBS price had decided its direction

DBS had made its choice by price lower, if you still holding, its time to make a choice.


Monday 13 October 2014

Noble had trade at a down trend price range.

Noble had broke support to trending down, may rebound to test resistance or more likely to look for next support level, buy position is highly risk! 


Sunday 12 October 2014

Friday 10 October 2014

SembCorp support at $5 or $4.90?

SembCorp Ind. are trending downwards, only for short term hit & run trade. May heading towards $4.90 support level before rebound.


Olam trend further down

Olam today (10 Oct 14) break flag pattern, until 2pm the low is $2.21 near support. Probably will trend lower, testing your greed (tempt to buy low price) and fear (hope it will rebound).


Thursday 9 October 2014

Capital Land oversold reaction, down trend may not end yet.

Capital Land rebound due to near support level, short selling cover position or market reaction. Too early to enter buy position.


DBS price make new High?

DBS price chart is the strongest among the 3 banks. If break down $18.10 sell, if break up $18.61 will be new high, wait for new direction.


Wednesday 8 October 2014

Osim look cheaper now?

Osim look cheap to you, look like a down trend to me. Today (8 Oct 14) 10am touch $2.31, how far the price can go lower? Short term hit & run for Speculator playground!




Monday 6 October 2014

Sembcorp Marine due for rebound.

Sembcorp Marine price chart shows candle stick reversal pattern. Shortist may cover position, rebound anytime.


Sunday 5 October 2014

HKSE Hang Seng Where to go?

Hang Seng rebound on Friday, next trading day Hong Kong people may be too busy with their internal affair than stock market, rebound may not last, its speculators' playground. 


US Dow side way ranging, towards resistance

US Market Dow show reversal candle stick pattern, but following action is to test resistance or continue correction become a challenge to investor at such side way ranging market.


Saturday 4 October 2014

STI Rebound? Now testing Support.

STI this week continue its down trend, end with 2 candle stick reversal pattern, next week rebound? If volume pick up and cover all the gap will test resistance about 3290, still ranging within the "Box", if break down the box is free fall...again.

Friday 3 October 2014

Genting Singapore look cheap but dangerous!

Genting Singapore test support at $1.09 today if broken will continue its down trend. Otherwise it shall test $1.15 resistance for short term hit & run trade. Chart told me counter trend rebound cannot hold, too early for reversal.


SunTec Reit Bull Bear fighting

SunTec Reit side way ranging. Chart told me when price broke new high above $1.86 pay attention, broke $1.74 better run! Now holding it like watching Bull Bear fighting, kind of waste time...(Time is money!)




Thursday 2 October 2014

CapitalLand continue its down trend

CapitalLand had made its decision for a free fall. Average down is a bad idea!


Wednesday 1 October 2014

SingPost today make new high in price

SingPost today 1st day increase Postage Rate and the stock price broke up make new high! The sky is the limit! Buy? Chart looking good beware of pull back at this down market, Stop loss price $1.78



Vard rebound is good time to buy?

Vard experience rebound after deep correction. Hit & run trader favourite. It need to hit resistance and test support before knowing where to go. Chart told me don't buy down trending stock and don't do bottom fishing.