Archive

Technical Analysis

Cache Logistics Trust: Retreating to supports.

April 1, 2012 by AK71
Cache Logistics Trust is a favourite of many REIT investors. It has also received many glowing reports from analysts. I also have a small long position in the REIT. Today, a reader left a comment in my blog asking me if it is a good time to invest in the REIT as it closed at $1 a unit in [...]
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Stock Chart: SembMar!

April 1, 2012 by Dou
On Friday, Sembmar re-test the support at $5.15 and closed at $5.28 with LOW volume of 7.59 million shares traded. During the past 10 bars, there have been 3 white candles and 4 black candles for a net of 1 black candle.  During the past 50 bars, there have been 20 white candles and 23 [...]
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Stock Chart: KepCorp!

March 31, 2012 by Dou
On Friday, Kepcorp trend upwards and closed at $10.99 with HIGH volume of 5.55 million shares traded. During the past 10 bars, there have been 5 white candles and 5 black candles.  During the past 50 bars, there have been 27 white candles and 21 black candles for a net of 6 white candles. Both [...]
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Market Outlook (31/03/12): STI Form Bullish Ascending Triangle!

March 31, 2012 by Dou
In last week, STI gain 20 points from the opening of 2990 and close higher at 3010. A white candle sticks with little lower shadow affirms that investors have profit take slightly on the recent rally. Key Economics Data report: In the first quarter, S&P 500 has rise 12% and it represent a stunning year, [...]
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STX OSV Gets NOK1.2 Bln Contracts To Build 2 Offshore Service Vessels For Farstad!

March 30, 2012 by Dou
On 30/Mar, Singapore shares ended higher helped by some bargain hunting after the selloff of the past two sessions. STI ended higher at 3010.46 (0.6%) with regular VOL of 2.02 billion shares traded compared with 1.63 billion shares Thursday. In the broader market, gainers outnumbered losers 208 to 155. Today STI rally on weak buying [...]
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Stock selection

March 30, 2012 by angel*
I got many questions as to how I select my stocks. There are 700+ stocks in sg stock market alone. The answer is there can be only 1 way. Through FA (Fundamental Analysis). And I do my stock selection FIRST through FA then TA. From my own experience, FA is more important than TA. You [...]
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Stock Chart: Ezra!

March 29, 2012 by Dou
On Thursday, Ezra trend downwards and closed at $1.155 with LOW volume of 13.02 million shares traded. During the past 10 bars, there have been 5 white candles and 3 black candles for a net of 2 white candles.  During the past 50 bars, there have been 21 white candles and 21 black candles. Both [...]
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Ascendas REIT Completes Purchase Of 4 Industrial Properties For S$185.5 Mln!

March 29, 2012 by Dou
On 29/Mar, Singapore shares ended lower as investors grappled with concerns on the pace of the global economic recovery. STI ended lower at 2994.09 (0.7%) with regular VOL of 1.63 billion shares traded compared with 1.28 billion shares Wednesday. In the broader market, losers outnumbered gainers 221 to 123. Today STI under go profit taking [...]
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SoundGlobal: Golden cross.

March 29, 2012 by AK71
Are we about to see the formation of a true golden cross which is the bullish crossing of the 200dMA by the 100dMA? “A real, true golden cross — a very Japanese signal — occurs when a rising 100-day moving average crosses above a flat or rising 200-day moving average. It signals positive price action.” Goola [...]
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Stock Chart: SGX!

March 27, 2012 by Dou
On Tuesday, SGX rebound slightly and closed at $7.02 with LOW volume of 1.83 million shares traded. Separating lines occurred.  If the lines occur during an uptrend and the first line is black and the second is white then this suggests that the uptrend should continue. Both RSI & MACD are flat as RSI trend [...]
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Wilmar: A nascent rebound.

March 27, 2012 by AK71
A double bottom has formed on Wilmar’s daily chart. Volume lowered when price tested the bottom a second time at $4.86, suggesting a lack of interest in the counter by market participants. However, a rising MACD which completed a bullish crossover with the signal line suggests improving momentum although it is still in negative territory. What [...]
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STI Resistance at 3030 Are Strong!

March 27, 2012 by Dou
On 27/Mar, Singapore shares ended higher on renewed expectations the Fed may embark on another major round of policy easing. STI ended higher at 3018.91 (1.5%) with regular VOL of 1.81 billion shares traded compared with 1.46 billion shares Monday. In the broader market, gainers outnumbered losers 293 to 102. Today STI rally under strong [...]
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Swiber Secures $273M Gulf Of Mexico Contract!

March 26, 2012 by Dou
On 26/Mar, Singapore shares ended lower as investors adopted a cautious approach ahead of data releases in the U.S. and Europe later in the week. STI ended lower at 2974.5 (0.5%) with regular VOL of 1.46 billion shares traded compared with 1.64 billion shares Friday. In the broader market, losers outnumbered gainers 206 to 148. [...]
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CapitaMalls Asia: To buy on possible weakness.

March 26, 2012 by AK71
There is a rather obvious negative divergence between price and the MACD. Higher price was achieved with a lower high on the MACD recently. So, we should not be surprised if the share price should decline in the near future as positive momentum in the short term weakens. However, look at the OBV. There is [...]
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Stock Chart: Genting SP!

March 25, 2012 by Dou
On Friday, Genting SP broke the resistance at $1.705 and closed at $1.74 with HIGH volume of 0.356 billion shares traded. A rising window occurred (where the top of the previous shadow is below the bottom of the current shadow).  This usually implies a continuation of a bullish trend. RSI & MACD are bullish though [...]
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Market Outlook (25/03/12): STI Remains Fearful of 3005 Resistance!

March 25, 2012 by Dou
In last week, STI lost 21 points from the opening of 3011 and close higher at 2990. A black candle sticks with little lower shadow affirms that investors have no qualms in selling the stocks lower. Key Economics Data report: In the past quiet week for economic data and earnings, investors will have to dig [...]
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Mapletree Logistics Trust Buy South Korea Warehouses For S$71.3 Mln!

March 23, 2012 by Dou
On 23/Mar, Singapore shares ended higher on bargain hunting. STI ended higher at 2990.08 (0.4%) with regular VOL of 1.64 billion shares traded compared with 1.67 billion shares Thursday. In the broader market, gainers outnumbered losers 193 to 160. Today STI rally under weak buying pressure as investors are merely focusing on specific stocks. Headline [...]
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STI Remains In Consolidation Mode!

March 21, 2012 by Dou
On 21/Mar, Singapore shares ended higher after a choppy session which STI re-test critical support at 3005. STI ended higher at 3005.63 (0.1%) with LOW VOL of 1.89 billion shares traded compared with 1.08 billion shares Tuesday. In the broader market, gainers outnumbered losers 182 to 179. Today STI trade sideways as investors remains cautious [...]
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