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Tuesday, June 23, 2009

Short SGX


SGX has a double top formation while indicators at down turn. Support between $5.8 to $6.36

Saturday, June 20, 2009

Short Cosco

This counter has formed a double top formation recently while its RSI is in the down slope. I suggest to short cosco should price fall below $1.29 next week. Targeted price to fall down is $1.13 to $1.2.

Cheers

Sunday, February 15, 2009

Short Comfortdelgro in the mid term

In view of current STI index is in the range of side way since January & its MACD is also sideway but below the 0 line.
I would suggest to short Comfortdelgro after it had pull back twice. As chart above indicate MACD is already in the downturn direction and it is already below 0 line.On top of that both CCI & RSI also in its downtrend direction.
Support 1.28 shall turn into resistance & next support level at 1.19.
PS: Last Friday buy vol is very high, as such short only when this coming week its day trade summary had show sign of strong down turn.
Cheers for "shorting".

Tuesday, January 13, 2009

DBS - Bottom Up

This counter had high sell volume for the past 4 days, i shall buy it today as a swing trade provided if it is turned to me a bottom up signal together with STI index. Finally i bought at $8.28. Cheers

Wednesday, January 7, 2009

Raf Eduate Uptrend - I am coming !

High trading vol today and its now fighting to breakout resistance at $0.61.
Fly fly up to joint others counter uptrend.

"Gong Xi Fatt Chye"

Monday, January 5, 2009

Yangzijiang - Uptrend potential

This counter has a strong support at $0.455. However the vol remain thin. If today vol can increase further, it will help to push up the price further. Next target price can be $0.535.
Cheers !
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