Shares & Derivatives
Singapore Stocks Market commentary
By Singapore Stocks Investing (SSI)  •  January 16, 2013
I sold off my ASL Marine stock at $0.725 yesterday. $0.725 was the highest price ASL Marine stock reached today. I noticed that ASL Marine stock price went out from the Overbought region today according to the RSI. Though analysts think that ASL Marine can still go higher up, to me, I think it is a good time to take profits. For my commodities stock, Golden Agriculture stock performance has not been what I have expected. I have expected that after testing the stock price resistance of $0.66 to $0.665, this stock is ready to rise. However this stock now hovers around $0.63 to $0.645. Nevertheless, looking at the Bollinger bands, I think there will be some price “Bollinger breakout” soon and I am ready to wait. Another commodity stock, Noble Group is now trading at $1.215. Commodity stocks are currently shunned by ......
Read the full article
By Singapore Stocks Investing (SSI)
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance