On Friday, NOL re-test resistance at $2.14 and closed at $2.14 with regular volume of 10.33 million shares traded. A white candle stick with long upper/lower shadow affirms to the easing of selling pressure as bargains hunters come in to swoop up the stocks. RSI & MACD are bearish as RSI trend downwards. Important Resistance [...]

Regular readers would know what I think of Healthway Medical’s current fundamentals. I am still waiting for their latest results. It should be made available sometime this month. Well, fundamentals aside, could the counter be ripe for another…

AIMS AMP Capital Industrial REIT I remember how this REIT suffered from weakness in price before it went CD and some who got their buy queues filled at 21.5c were worried instead of happy. I guess they should be happy now since they would be…

Is the bear losing strength or just taking a breather? It could be interpreted as the bulls are getting stronger or the short sellers are simply covering their positions. Whatever the case may be, closing lower by 5c at $3.34 after touching a low of…

On Friday, Biosensors re-test the support at $1.03 and closed at $1.06 with HIGH volume of 14.31 million shares traded. A black candle stick with long lower shadow affirms that investors are willing to buy as prices approaches $1.03 support. RSI & MACD are bearish as RSI falls steeply. Important Resistance of Biosensors: $1.08 Immediate [...]

On 11/Feb, Singapore shares end lower Friday as heightened fears due to Egypt  President Hosni Mubarak defied calls to quit despite protestation STI ended lower at 3077.27 (0.8%) with LOW VOL of 1.67 billion shares traded compared with 1.46 billion shares Thursday. In the broader market, losers outnumbered gainers 334 to 158. Today selling pressure [...]

On 4 February, I suggested that “Caution is advised. There could possibly be a better time to buy more.” I also said that “On the daily chart, right away, we see that the Bollinger Bands are squeezing. An imminent change in direction after a…