Archive

Technical Analysis

CapitaMalls Asia 4Q net profit rose 42.6% to S$205.4M!

February 10, 2012 by Dou
On 10/Feb, Singapore shares ended lower after euro-zone finance ministers withheld approval for a second bailout in Greece. STI ended lower at 2960.00 (0.7%) with HIGH VOL of 3.07 billion shares traded compared with 3.26 billion shares Thursday. In the broader market, losers outnumbered gainers 313 to 171. Today STI continue to undergo profit taking [...]
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TigerAir

February 10, 2012 by angel*
Fasten seat-belts. Taking off again…. :)
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Stock Chart: SGX!

February 9, 2012 by Dou
On Thursday, SGX broke the resistance at $7.27 and closed at $7.29 with HIGH volume of 4.95 million shares traded. A long lower shadow occurred.  This is typically a bullish signal (particularly when it occurs near a low price level, at a support level, or when the security is oversold). Three white candles occurred in [...]
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Olam Acquires Biscuit Maker For US$167M!

February 9, 2012 by Dou
On 09/Feb, Singapore shares ended lower after an unexpected increase in China’s inflation rate. STI ended lower at 2981.17 (0.03%) with HIGH VOL of 3.26 billion shares traded compared with 3.33 billion shares Wednesday. In the broader market, gainers outnumbered losers 244 to 217. Today STI undergo slight profit taking though investors are still bullish [...]
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Stock Chart: Wilmar!

February 8, 2012 by Dou
On Wednesday, Wilmar re-test the critical support at $5.76 and closed at $5.71 with LOW volume of 5.11 million shares traded. A doji star occurred (where a doji gaps above or below the previous candle).  This often signals a reversal with confirmation occurring on the next bar. Both RSI & MACD are bullish though RSI [...]
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Biosensors Q3 net profit surge on investment gains!

February 8, 2012 by Dou
On 08/Feb, Singapore shares ended higher helped by signs of progress over debt restructuring talks in Greece. STI ended higher at 2982.20 (0.8%) with HIGH VOL of 3.33 billion shares traded compared with 2.59 billion shares Tuesday. In the broader market, gainers outnumbered losers 373 to 109. Today STI had another strong bull run as [...]
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Stock Chart: SembMar!

February 7, 2012 by Dou
On Tuesday, Sembmar broke the resistance at $4.97 and closed at $5.02 with LOW volume of 6.42 million shares traded. During the past 10 bars, there have been 3 white candles and 7 black candles for a net of 4 black candles.  During the past 50 bars, there have been 24 white candles and 23 [...]
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Osim 4Q net profit rose to $17.06M!

February 7, 2012 by Dou
On 07/Feb, Singapore shares ended higher though there are continued uncertainty over Greece’s debt situation. STI ended higher at 2957.78 (0.6%) with HIGH VOL of 2.59 billion shares traded compared with 3.32 billion shares Monday. In the broader market, gainers outnumbered losers 252 to 191. The rally has continue to weaken today as less investors [...]
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Noble Names Yusuf Alireza Chief Executive!

February 6, 2012 by Dou
On 06/Feb, Singapore shares ended higher helped by better-than-expected U.S. jobs data on Friday. STI ended higher at 2940.10 (0.8%) with HIGH VOL of 3.32 billion shares traded compared with 3.43 billion shares Friday. In the broader market, gainers outnumbered losers 338 to 125. STI undergo heavy buying pressure as bulls went out in force [...]
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Stock Chart: KepCorp, Genting SP!

February 5, 2012 by Dou
On Friday, Kepcorp trend downwards and closed at $10.57 with HIGH volume of 8.82 million shares traded. During the past 10 bars, there have been 6 white candles and 4 black candles for a net of 2 white candles.  During the past 50 bars, there have been 30 white candles and 17 black candles for [...]
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SINGAPORE Stocks Earnings Announcement Dates (05/02/12)!

February 5, 2012 by Dou
Reits / Biz Trusts CitySpring Infrastructure Trust Feb 09 Banking / Finance DBS Feb 10 Great Eastern Holdings Feb 14 OCBC Feb 20 UOB Feb 23 Property / Hotels CapitaMalls Asia Feb 10 CapitaLand Feb 14 ARA Asset Feb 21 Pan Pacific Hotels Feb 24 UOL Feb 24 Ho Bee Feb 28 City Dev Feb [...]
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Market Outlook (04/02/12): STI Flat For Week As Rally Weaken!

February 4, 2012 by Dou
In last week, STI merely gain 2 points from the opening of 2916 and close higher at 2918. A white candle sticks with upper/lower shadow affirms that rally was getting weaker as it climb higher. Key Economics Data report: In last Friday, US January jobs report was a major surprise which causes investors to speculate [...]
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KepCorp Prices S$400M 10-Year Bond At Swaps!

February 3, 2012 by Dou
On 03/Feb, Singapore shares ended higher as investors are bullish ahead of the Jan U.S. employment report. STI ended higher at 2917.95 (0.6%) with HIGH VOL of 3.43 billion shares traded compared with 2.99 billion shares Thursday. In the broader market, gainers outnumbered losers 275 to 142. Today investors continue to buy on the exceptions [...]
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Palm Oil counters

February 3, 2012 by angel*
Palm oil counters went up between 1-5% today except Mewah. Why? I am not quite sure either but I did mention about Mewah here previously.
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Strong Resistance

February 3, 2012 by mmltrader
S&P facing a strong Resistance, preventing it to go higher….
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Courage Marine: Chance to cut loss.

February 2, 2012 by AK71
With the BDI sinking amidst a worsening situation of overcapacity and economic malaise in Europe, the rally in Courage Marine’s share price provided a chance for me to cut my long exposure with minimal losses. We are also blessed to have an industry insider, Jason, amongst the regular readers of ASSI and if the evidence provided is [...]
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NOL: Cutting losses on a strong rebound.

February 2, 2012 by AK71
Months ago, I made an ill fated decision to go long in NOL. It was a decision based purely on TA and it was a trade that went awry. Straying from my tried and tested methodology of FA + TA plus a lack of a cut loss price has resulted in holding on to paper losses. I [...]
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NOL Update

February 2, 2012 by angel*
NOL 1st highlighted on 7 Dec 2011 (price $1.17), 2nd highlighted on 4 Jan 2012 here (price $1.23). Today, 2 Feb 2012, price is already above $1.40. When I highlighted this stock I received many emails saying that this (NOL) is one of the WORST performing stocks. I totally agree, and that is why I chose [...]
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