Sold half of CnO Pharm today..

Sold half of CnO Pharm and will keep the other half for dividend basis.

Am looking set to re-enter PEC again on buying dip. Let's see.

Noble too,which I mentioned when it was 1.92..

Star-Trader

Yanlord on the uptrend now...

hi,

PreviouslyI mentioned that I won't put up my portfolio but this time round to prove that am right on yanlord , I have decided to put up my purchase on this. If you noticed from share junction forum, I was still holding 10lots at 1.71
Yest. I made another batch of 10lots at 1.70
..why I didn't buy lower when it dropped to 1.63 and bounce back to 1.66.. I will tell you more through subscribers email...

Till then,
Star trader..

Sinotel, fast in and fast out...

Sinotel, will be in my radar too.. Remember played this stock once but it is a risky stock as direction might need you to hold on to it before it will reach the target price.

Resistance at 0.35. If it can sustain above 0.35 , you bet it, it will for another uptrend which I believe currently is on the move now...

SOBAYOR,

Star-Trader

Keep a lookout at CnO Pharm

CnO Pharm, which has been very generous with the dividend, coming again for another round of uptrend.

While waiting for more confirmation on Yanlord which we turn the reversal signal to a major uptrend , CnO Pharm will be in radar tomorrow. Might be doing buying dip on this stock soon starting from 0.52 and 0.495 as the support level to get in more..if it reaches those price.

If not, will be happy to accumulate it at 0.52. :) and remember dividend is coming for this stock.

SOBAYOR,
Star-Trader

PEC caught me by surprise..

PEC today got me by surprise. Though sold some of my holding at 1.11 earlier in the morning, but I didn't manage to get back at 1.08 which is my target price to load in again.

Anyway, monitoring closely this stock again as mentioned many times in my previous post, this is the stock that really gives me abundance of profit and hope it will continue that way.. :)

Am looking at 1.05 as the resistance price. Dropping back to 1.08 is a good buy for me again. Let's see.

Upcoming Subscribers Lesson: Average Directional Index

Well, posted free to my subscribers on Lesson 11: Dual-listing effect and how you can profit from it..

And this time round, I will be coming for another lesson: Average Directional Index for my subscribers..

Let me ask you a question... Why in a stock market, each parameter is important to gauge the movement of the stock? This is important in order to predict the next move that the stocks will perform. One of the important parameters to trade is ADX though it is a lagging indicator but it can tell a lot of things from the price movement itself.

How ADX can help you? ADX basically based on the Price movement to gauge how well the stocks have been traded at each price. For more information, Google "Average Directional Index" and I will explain more in coming days once you subscribe at right top corner.. And If you want to get a gasp on it first..

Thanks,
Star-Trader

Yanlord Technical Analysis

Well, during my last post on Yanlord, I have mentioned that if the buying support can be sustained above 1.69, then you can proceed to lock-in. It goes the same this time around when it closed at 1.73 today.

Still have much hope on Yanlord for another uptrend but not a deduction to buy yet as I am also waiting sideline again for another uptrend as buying pressure not being shown yet from the parameters.

So, good time is to wait for the right entry price again to lock in for another uptrend profit. :)

Monitoring Yanlord in 1 week's time...

Will be observing Yanlord's movement and buying support for Yanlord as there might be a reversal trend observed from the technical chart.

Will post more on this when I got more candlestick signal tomorrow and the next few days..


Star-Trader

It's been 2 weeks since my last post...

I know I been lagging these 2 weeks, I was busy again with my personal stuffs. I am trying to find time to organize my schedules now and keeping in touch here on the daily stocks analysis while doing my own stuffs.

So, without any dilly-dallying, I will kick start again the lessons to my subscribers. And I will do immediately after posting this. I don't want to delay anymore ! :)

Anyway, market has been uptrend these last 2 weeks. Have made some cash out of it not only on PEC but other stocks. Hope you are making some cash cow too !!

Till then,
Star-Trader

The meaning of "Short-Term" in my stock vocabulary..

I want to re-affirm again "short term" that I usually mentioned will be from 0-3months, and in terms of that, it can move downward before hitting the target price. So if you feel this is not the trading investment that you would like to go for, then the technical analysis for this might not be suitable for you..

Btw, moving forward, I won't be posting what I have purchased as well on my personal portfolio, rather will share the technical analysis of the stocks and you will make the call if it is good to lock in.

Thanks,
Star-Trader

Previous Analysis on NOL, Ezion and Swiber ...

Well, let's recap...

Let's start with the earlier post on Swiber. I did actually posted Swiber at http://www.sharejunction.com/sharejunction/listMessage.htm?topicId=6987&msgbdName=Swiber&topicTitle=Swiber on 24 Aug to take note of Swiber in 1weeks to 2week for a potential reversal which occurred when the price dipped to 0.95.
Today it reached the mini wave high of $1.00 before closing at 0.99. If it able to sustain the price above 0.975, this stock will cross above $1.00 again.

As for NOL, I written the post at my blog here below. Check it out during when NOL dipped to 1.89 to 1.92, if you got it, it is time to sell when it reached 1.98 to 2.00.

As for Ezion, it did broke 0.635 with hugh volume and it went up to 0.655 before dipping back to 0.645. But I forsee the volume is not hugh and forming black spinning top.

Happy Weekend!
Star-Trader

Stock Portfolio for monitoring...

This week, I will be doing some serious study on what are the stocks that I would like to monitor day in day out for TA based on good FA.

I am still getting the grasp of FA as my specialization is in TA. Thus, if you have any good FA stocks in mind, please let me know at sgxstartrader@gmail.com and I will consider to do the monitoring if it is feasible with my TA.

Thanks,
Star-Trader

NOL dipped on Market sentiments

NOL dipped on Global Market Sentiment but this is just a temporary setback where the market is on downtrend. Accumulation will happen again for this stock and the support price for this is 1.85 - 1.87.

Let's see.

Star-Trader

NOL make a comeback as expected, Ezion on accumulation?

NOL made a come back as expected, based on the short-term,
http://star-trader.blogspot.com/2010/08/nol-technical-analysis-potential-short.html and it will climb on mini-wave as mentioned..probably at 1.98 to 2.00 before we cross-check again the trend ?

As for Ezion, price not able to sustain @0.635 as breakthrough price, thus we will wait for another day of signals and volume to determine it again.

Thanks,
Star-Trader

Ezion Holdings technical breakout and lookout..

Ezion, here I come again..once the breakthrough @0.635 is done :)


Happy Trading All!

Star-Trader

Subscribing to my newsletter and tips..

Hi all,

If you have problems subscribing, please send email directly to me as I have feedback from one subscribers when he tried to subscribe yesterday.

Thanks and happy trading tomorrow!
Star-Trader

PEC, Financial Results and my buy-out...

PEC, if you noticed in my blog has always been a lot of write-up on this stock as it is one of my favourite stock besides CapitaMall.

Just few days back, I missed out the date of the Financial Results thinking it was on Sept, which meant I didn't get the price at the lower price as this stock is always on my mind before the Financial Result is out or during the oil price movement.

Nevertheless, I have sold mine previously @0.86 but I got back at higher price yesterday @0.89 during 9.00am to 9.30am. I know you guys will think that selling low and buying higher is not wise move but exception case does occur. Why? Because of the total dividend that interests me. (0.04 per share). This has already accounted me on the price bought which meant that if I keep till the dividend , it is much lower price that I bought.

But of course, it can move downward or upward after today's closing price of 0.910, but at least I am in for PEC again to play this stock either or short or mid-term play.

Anyway, I will start writing lessons again to my subscribers and trust me, I won't want to delay anymore.I want to touch base with those new subscribers that have subscribed to me since July which I have not communicate yet and also those old subscribers(some of them who has asking how I am doing, appreciate that! )
Check it out tonight for those that have subscribed to my newsletter!

Thanks and happy weekend!
Star-Trader

NOL Technical Analysis, A potential short wave upside...

Well, NOL made a bullish engulfing today. A potential short wave upside will happen if tomorrow gap up and if it can stay around 1.96 to 1.98, it will gap upside further to cross 2.00.

Let's see.

Happy Trading!
Star-Trader

..Am back, my updates on my previous 3 holding..

Well, finally am back and my busy schedule is over. I will be posting more on the Stocks Analysis soon and get back to my subscribers which some old subscribers have been sending me emails asking why I have been missing , as well as contributing in Sharejunction.com forum last what I have previously.

Well, what I can say is I will be posting soon as my time will allow me to do it already. And to the new subscribers who subscribed since last month, I will come back to you soon. Don't worry.

More on the above soon, now back to my holding. I have sold PEC @0.86 for the holding of 0.77. Now I do not have any more PEC shares but I intend to come back soon. This will based very much on the oil prices and the US Data Economic.

As for Mermaid, it didn't come back strong after staying from 0.475 to 0.495. So I have sold at loss @0.465 and now waiting for another peak. Sold Ezion @0.675 when it didn;t open strongly after halting. But it goes the same with PEC. I will come back with this stock when I see the uptrend wave again.

Will look out for other stocks with my analysis too that I will be doing soon! I will post at sharejunction.com too. Lookout for me there again..

Till then,
Happy Trading!

Star-Trader

Still keeping PEC, Ezion at 0.705...

Sorry..have not been posting here for the past few days..

My status:

Locked in Ezion at 0.705. Mermaid at 0.485 and keeping PEC at the moment as I mentioned earlier it is still above 0.8 price gap. So won't dispose off till I see the next downtrend peak wave.

*Ezion halted , hope it is good news, I have not found anything but the news on new facility and sites for more drilling..

I will need to go out of town again (this time very long one) for at least a month starting July 26 but will try to post or share my trades if possible.

I am still getting new subscribers since the past weeks...I am really sorry can't response to you all right now and also the old-timer subscribers , but let me settle off my own things and I will come back to share with you again.

That will be an analysis on other stocks, not to these 3 stocks that I plying on.

Happy Trading All!

Star-Trader

Mermaid and Ezion, here I come probably..

Mermaid has been accumulation for the past few days and coming to the peak wave again.

Can get in from 0.48 to 0.49 for short term basis.

As for Ezion, I am looking at 0.685 to 0.705. IF you can hold it through, we can probably can see another high peak wave.

Let's see.

Star-Trader

Missed Ezion, Looking to dispose off PEC...

It has been 2 days I didn't update as I was very tiring for the past 2 days. If you notice, I have even stopped contributing to Sharejunction.com forum for a while.
Not active at the moment.

But, I hope to keep my blog alive here. This time I would like to say again, I have missed opportunity on Ezion yet again when I blog it 2 days ago the trend for Ezion and monitoring it for a while.. but no worries, Ezion will still be on my buying spree soon together with Mermaid. Not now though but soon as we got to wait for another short-wave peak again when signals shown.

As for PEC, is time to dispose off my 0.77 holding if it can't hold further at 0.8 and above.

Let's see.

Star-Trader

Mermaid up by 15cents and reached the peak high of 0.49 yesterday...

Mermaid, reached the peak wave high of 0.49 which I missed this wave yesterday as I mentioned I didn't want to load more on another counter since I have got PEC from my last post yesterday. Nevetheless, still keeping intact my 0.495 holding and will look for another opportunity of run-up wave as always.

As for PEC, I have sold it when it dropped to 0.805 after reaching peak high of 0.815but still keeping intact some of my holding at 0.77.

Someone written to me why I only focus on these 3 oil related stocks Ezion,Mermaid and PEC. If you have noticed my previous post, I have no time to do other stocks analysis at the moment though there are other good stocks to play in short term too.

Anyway, I don't want to stress myself much enough as I have other commitments and personal things to do and I am not a FULL TIME TRADER :) . So staying clear with these 3 stocks will do at the moment. I might open up to other stock analysis in future if I have more time to spend.

Thanks,
Star-Trader

PEC, gotcha today..

Just landed at Singapore. The good of internet let you do trading whenever you are even in the airport itself. ;) So managed to load more at 0.77 to increase my holding which I was previously holding at the same price as well at 0.77 more than few weeks ago.

I will be letting off some tomorrow to lock in the profit first. As for mermaid, I didn't get any as I loaded PEC and won't want to put more on other counters. But still will monitor this counter for another wave of run. I am still holding at 0.495 which I bought 1 week back.

As for Ezion, will see how it gaps up first before move on to this counter.

And to my subscribers, I will continue on my lesson again as I know I have stopped for a while due to my busy schedules. Well, I am just part-time trader, and just sharing my knowledge. I am starting back this as when I periodically check my emails, I still have new subscribers coming in and really appreciate that. So, I intend to start the lesson again. This time, I will tell you why I lock in PEC at 0.77 and keep on holding 0.77 even it fell to 0.705 at one point in time.

Catch up again,

Star-Trader

US data showing sign of slow recovery ......

Is it time to lock in Again for another wave run? Would got to see what financial events happening next week before going in further for another wave and also finding bottom peAk for mermaid before picking the right price again. Currently at 0.46.


This goes the same with pec. I missed the price previously but will check this out again. I should not be doing this as I am holidaying now but won't want to miss any opportunities again when it comes. :)

Let's see.

Star-trader

Missed PEC when I mentioned on 24 June.....

I am in holiday now. When I landed and checked on the news that dow dropped 2.65 percent I believe market will follow suit. This will hive more opportunity to accumulate more if price is right.Missed PEC when didn't manage to get the price i queued at 0.735 but got mermaid instead at 0.495. Would let you all know soon why I got this and as mentioned too will accumulate more for this stock at bottom peak price for accumulation.


As for pec will wait for it to dip at right price to get in again.

Thanks

Star-trader

Mermaid for short term.....

Locked in for mermaid today at 0.495. This will a short term trading though but will see to accumulate more if it hits peak bottom.


Let's see

Star-trader

Still financial debt of Greek concerning the market....

The market will be turning downwards again due to global direction. Will definitely monitor closely as the accumulation not occurred yet to lock in. As usual monitoring the 3 stocks as I have no time for other stocks. Will buy back pec again on a right price. Previous buying was on 0.725 and 0.745 which I already sold off leaving 0.77 holding intact. Am looking at the base of 0.725 again and will see if it can sustain at the price base only then will lock in.

As for mermaid, i will see if there are a lot of buying pressure again at 0.45 to 0.47 before decide to lock in. Definitely will monitor these 2 stocks.


Is good to have iPhone as I can update my blog on the fly Now. :)

thanks
star-trader

If more accumulation on mermaid I wil lock in. Pec checking right price to go in

I have been busy. But I try to summarized. Mermaid looking at the bottom peak. If accumulation can occur at that price range like what it did previously between 0.44 to 0.47 I will lock in. This time looking on the coverage between 0.46 to 0.5.

As for pec am looking on the best price to lock in again. Though am still holding on to my 0.77 that will keep as safe bet if it shoot up or hovering in between that price.

As for ezion if it can sustain the price gap it will move up. And also ausgroup.

Let's see.

Star-trader

Mermaid looking at the bottom to lock in....

Ezion and pec seems staying at the price. Will be monitoring these 2 closely. But am interested in looking at mermaid to reach bottom pit but would like to know what was the influence before I decide to make my move this time. Am still holding pec which bought at 0.77.

Let's see.

Star-trader

Sold PEC at 0.765

Sold PEC at 0.765 which I bought at 0.725. Now still keeping the last batch holding at 0.77. Will keep it through though.

Anyway, monitoring Ezion and Mermaid to re-enter at the right price.

Let's see.

Till Then,
Star-Trader

PEC.. You are really my favourite counter..

All,

I know it has been long that I have not post my daily investment as I am really busy with my project work which will give me satisfaction..AND of course WORLD CUP !!!!
a 4 years sport event that can't be missed ! :)

Nevertheless, I am trying to spare some time on stocks but I have no guaranteed on this ya. :)

On my current status, I am still holding on PEC for short-term (0-3months) but am thinking to offload those that I have bought at 0.725 as previously I have not able to offload if you revisited the previous post on DOW dropped 3percent, what's was my next move..? as it dropped very fast the next day till I was caught off guard and I didn;t lock in when it dropped to 0.705 to 0.715 as I was suppose to queue but didn't able to do it.

Now, why I am writing today because I can spare some time and I want to let you guys know that stocks can be so just like that, up and down in the moment of just weeks which hit my target, and will see just whether to offload tomorrow.

Today it hit 0.79 but came down to 0.765. Will offload tomorrow if things turn out to be other wise. At least I will be still keeping 0.77 holding for a while and look for opportunity to lock in again when it goes down to 0.74 this time to lock in some.

Now, I can't focus on other stocks as I really tight up. So I will just show you how I can just play with Oil Related stocks like PEC, Ezion and Mermaid.

Let's see.

Till then, happy trading !

Star-Trader

Dow closed 3percent down, what will happen today ?

As yesterday given a technical brief on mermaid and also due to contra given, we might need to wait if accumulation stop for another wave by looking at the end of the day candlestick today. As for pec , I would offload my holding -at 0.725 which I bought few weeks back and leave the 0.77 holding in tact. And might come back again if it reaches the range of .705 to 0.715. Let's see. If not will look at other stocks.

Till then,
STar-trader

Sorry, public chat postponed to 12pm to 1pm

All, sorry that i can only be available at 12pm. It will only be an hour. See u there if you able to make it. For the first I will only discuss without a chart. So is good if u have charting software. You can get any charting for free out there. See u.

Star-trader

Mermaid and my poems account...and what I have learned here..

Well, as mentioned , I know I am not been posting as was very busy with my project work. It will be going through for another 1 month before I can settle down for more time on my personal interest on stocks.

Anyway, I will try to post as much as I can with the limited time during weekdays, I will try to post on weekend though. Let's start off what I have been looking at the past few days..

Infact I have been monitoring Mermaid when the price hit the baseline 0.45 but I didn't queue or get it yesterday when it hits 0.49 due to when I changed my password as it already due and forgotten what was the password after that. Silly me. :(
Moral of the story, have another backup account when your main account giving you problem. All these while, to be honest, I have been sticking with POEMS and probably so called loyalty.. Anyway, I am looking at CIMB and KIM ENG. If you guys have any others that are better option, please let me know by sending email to me.

Well back to stock analysis.

I missed Mermaid and PEC as I still have 0.725 holding of PEC, I was thinking to upload more to run on short wave which I targeted at 0.75. Due to not about to log in and need to wait for the password for 2-4days which I called them, I won't be able to trade for the next few days.

Anyway,
It looks like a oil and gas sector run again for this time. And Mermaid, why?

Remember previously I talking about the baseline at 0.45? if it can stays at the price range between 0.45 to 0.48, this will push it up further which from the candlesticks it shown the uptrend signal with OBV. There are much more things to consider here.

I know I have been repeating to my subscribers that I will have a public chat on stocks,so I will free up some time this sunday, I will do a post-mortem for you on Mermaid on Sunday , at 10am to 11am and it will be at www.rtraders.net.

I promised I will get some insight for you on this stock though I didn't managed to get it but I am willing to share.

On how to get to the public chat, I will pose the instruction at www.rtraders.net soon and you will need to have an account at the website.

Till then,
Star-Trader

Busy but still on lookout - Yes, will try to ride on PEC again...

All..Have been busy with projects..taking sideline for the stock market first but am looking to queue at 0.68 for another mini Ewave ride.

Let's see.

Star-Trader

More on PEC...

Sorry all, have been busy with my current work with projects but today have some little spare time to do some updates.

Today STI goes big upwards, but I didn't load up Yanlord or Ying Li.
as previously mentioned on Yanlord and Ying Li, but decided to reload more on PEC last few days when it dropped to 0.7 - 0.705 range during the big drop by doing queue-ing.

Queue-ing instead of chasing the stock is one option that we should do especially when you cannot see the market direction yet. Well, and why I still go with PEC instead of other stocks? I look at PEC on the FA growth and the behaviour on how PEC can sustain the price base.

Have got my holding at 0.7, 0.705 , 0.725 as well as 0.77. Not to risk my holding, I have decided to sell of my holding at 0.7 and 0.705 for a mini ride at 0.73 today and keep the holding at 0.725 and 0.77 for another mini-Ewave ride.

This is how we can do ride on the mini-Ewave but not all stocks will have the same behaviour.

You got to also see on the global direction news, as I always mention.

Till then and happy holiday!
Star-Trader

Swiber on short term play but will revisit again...

I have been very busy. Not with stocks, but with other things.

Anyway,

Last friday's closing gave me an interesting closing for Swiber but when I checked on the data feed, it doesn't looks able to support on the price range of above 1.00 because there were bulk-volume disposal above 1.00 as well as today's trading.

For Mermaid too, if it broke below 0.55. It could move downward spiral which now is currently at 0.5 as per what I written previously, 0.55 is a very important support.

Anyway, definitely will monitor Swiber. As for Mermaid, it could take base-support level line to have this baby to move uptrend again. The BSLL(short-name) is important now to determine the way the stock will move. Will explain more in my email to my subscribers soon if I have some spare time.

Right now, on PEC, I have reloaded at 0.725 since last friday but didn't manage to get out today at 0.74. But will see the situation if it able to sustain above 0.69 to 0.7, I will lock in more for another wave as you can see from the chart, inverted-V formed, but if it is able to sustain above the price for days, it will decided to go for another wave again.
But I am preparing to let go this at 0.745 to 0.755 tomorrow if there is an opportunity as to ride on the short term wave. Let's see.

Am interested on Ying Li too. IF Ying Li can sustain the price range from 0.39 to 0.42 with a push of volume on +ve OBV, I will lock in this baby for a short ride. Let's see.

Thanks,
Star-Trader

Market still sideway but reload more on PEC

Got in more on PEC @0.725 last minute buy-in though I mentioned that the market is still sideway. But due to Swiber's uptrend and other oil related stocks rebounded from the lowest, I am betting on PEC to rebound next week as it came from 0.705 to touch 0.735 before ended at 0.725. Though Volume is still low, accumulation could be on the price range again. Let's see. But will check more on the chart tonight and also other oil related stocks Chart especially on Swiber.

Thanks,
Star-Trader

Global news not able ot sustain..this time, Japan Economy that cause the Asia stock to drop again..

Well, more downside...seems like not able to see any uptrend signals yet as it is not well supported today for those stocks that gap up. Won't be reposition myself for any oil stocks today too and not going to lock-in any of them now. Will just wait for a clearer rebound signals to trade again.

Let's wait patiently, all unless you are doing shorting.

Thanks,
Star-Trader

Oil dropped below US70.00 and bounced back...

Look out on those oil related stocks , based on the OIl Chart, It has rebounced to above USD70.00.

So I will be looking at PEC, Ezion ,Swiber or perhaps Mermaid if it shown some signals.

Star-Trader

What is the lesson that can be learnt today? - STAR-TRADER'S 25 CENTS LOSSES -

I have posted a forum message at sharejunction but seems like I didn't save it or what. It was a long long message.. :( anyway, is ok. Life is like that. Is just like stock market. Predict the unpredictable. Anyway, what I was trying to say at the forum was when I noticed One replied from "freshmind", indeed a good saying when he/she mentioned that "Human never learnt from history due to greed and over-confidence".

Which what brought me to how I strategies my trading. What I want to talk about everyday is an opportunity for you to fight back in the stock market.

I observed that many retail investors will buy at a certain price and keep to it without realizing that the potential of losses will be incurred more if the stock showing downtrend for the rest of days of weeks to come. This doesn't really serve the purpose of trading, maybe this is my style and ways of trading. But I want to tell you is that we trade to win and to minimize losses as minimum as we can and to come back to win the trade or other stocks on another day.

One recent example I can quote from my trading was Mermaid. I cut loss at @0.65 when I bought at @0.675 with a 25cents losses because I don't see it coming to move further uptrend as it doesn't stay floating at the range of price due to lack of buying pressure. If I would been keeping in and wait for it to come uptrend, I will be even more losses incurred based on today's price so what I meant is we can always come back even on Mermaid or other stocks when the uptrend is shown like what my recent purchase of Straits Asia few weeks back which I bought back to cover back the cut-loss price that I have sold off.

As long as we see the uptrend on the TA Chart of a stock itself, we can position ourselves to make the decision to buy on uptrend and to cover back the 25cents losses that I have incurred when I cut loss for Mermaid.

Probably I am a short or mid-term player. I don't like to keep stocks except CapitaMall and will buy more when it near to the dividend quarterly. And I will play other stocks for short-term trading based on the TA Chart itself.

As for today, I believe a lot of investors have succumb to selling pressure and short-selling might have been done by the "Big Fish". So, what I would like to say is the buying-up will occur again as to cover the short position but when and what, these I will got to go back to charts and look out for the right entry price to cover back my 25cents losses. This is also what I always mentioned, taking opportunities of the global direction news to influence the up/down of the stocks.

Thanks,
Star-Trader

Global Direction news that affect the market and STI stocks..

Well, yet again, market direction that affects the sentiment and affect the stocks to drop further. This time is from Germany. You guys should know what the news about.

This also give an opportunity to collect more at lower and better price.
That's what I always mention too, I don't like to keep stocks that can bring down your valuation if you keep the stock like the current moment.

As for PEC, I won't cut loss at it doesn't reach my cut-loss price which I bought yesterday @0.77. I will accumulate more if it drops further but got to see the right entry price. Let's see how it turns out to be today for PEC.

Will be looking at Yanlord too to see how the volume build up as mentioned it came back strongly across 1.6 with buying sentiment.
.
Won't be looking at other stocks today too except probably Yanlord,CapitaMall and Ying Li. Let's see.

Star-Trader




Star-Trader

PEC, Yanlord and Ying Li movement...

Got in PEC at 0.77 but Yanlord and Ying Li have moved too fast. Thus am queueing at 1.64 for Yanlord and Ying Li @0.435.

Ying Li's Volume built up shown that the interest has come back again for this stock which the Peak bottom of 0.41 have been determine.

As for Yanlord, The price was pulled back over 1.6 after dropping below the price yesterday and now it is showing great interest again. Might do a buy-up on these 2 stocks to ride on it tomorrow instead of queue-ing. Let's see.

Star-Trader

Status on Mermaid now...

Early in the morning, I was anxiously monitoring this stock as in whether how much it will gap down. It gap down to 0.645. NEGATIVE 25cents. Doesn't looks good. Though it went up to 0.655, I am not willing to take the risk to hold longer for the one I bought at 0.675 due to market direction is still not visible for today, and finally decided to cut loss at 0.65.

Well, is not that I have no hope yet. I am looking at the current price now to re-enter to cover back the portion that I cut loss. Currently it stands at 0.63 / 0.635. If it is able to stay grounded with volume buying pressure, I will reconsider to re-enter again. IF not, just stay sideline for Oil Related as you can see we can always have another chance or opportunity on other counters that have been played down like Ezion and PEC which I already offloaded since last week. It came down right back again for me to cross-check any opportunity to go back in especially with PEC as this counter's movement might be related to Singapore's GDP report soon.

Current Ezion's Price @0.685. PEC @0.76. Let's see for the next few days then.

Star-Trader

More lessons at www.rtraders.net

Today, I am having some spare time. That's why, you can see my few replies at ShareJunction.com forum and also am going to post more articles at Www.Rtraders.net for the benefits of the retail investors.

Hope you will be able to get the insight out of the articles that I have posted.

Star-Trader

Mermaid Maritime's Financial Result is out...

Mermaid Maritime's Financial Result was out finally. From what I understand from the FA, It has revenue though decreased compared to the previous quarter.

Anyway, I have locked in again at 0.675 with a risk today but will look at whether to accumulate more even though result is not in favour as Mermaid has a lot of potential I believe. My own opinion only.

Let's see next Monday's market how it performs if to lock in more or to dispose off purely based on the next few days' Volume, candlesticks and other parameters.

P/S: Have sold of my remaining balance lots of Ezion and PEC and jumped into Mermaid and to accumulate more if it drops further, let's see how it goes.

Happy Weekend!
Star-Trader

Looking closely at Mermaid Maritime if there will be another break...

Mermaid Maritime, not sure if due to the financial result to be out soon as I might be monitoring this again though have sold off earlier of the mini-Ewave. If it looks accumulating, I will lock in again at higher price between 0.67-0.68.

Let's see on the volume build-up later.

Star-Trader

STI morning was uptrend but down in the afternoon...

Today, no stocks loaded though CapitaMall showing strong uptrend, but I have no time to trade due to work commitment... but offloaded some for PEC@0.81 and Ezion @0.82 as showing some sign that not able to sustain the uptrend..So will be offloaded the balance tomorrow if it gap down in the early morning of the trading tomorrow.

Well, as on Mermaid, let's do some real post-mortem as I sold off at the early part of the trade to earn a some profit. I will try to put up this chart soon and also any other parameters and feel free to post any comments on the chart.

Star-Trader

PEC and Ezion as expected, an upside today...

PEC and Ezion, as expected on an upside today. Got PEC at 0.77 which I mentioned a hugh risk,( I will explain why in my newsletters to my subscribers) but at the end of the day is good profit gain.

As for Ezion, when PEC moved, It was on upside in tandem, so locked in at a price of 0.79 but would see to offload once the uptrend signal stops for another mini-Ewave.

Anyway, offloaded half of my holding of Mermaid at 0.645. Well, a small profit but went in to the other above PEC and Ezion with a hugh gain though.

Thanks,
Star-Trader

Re-enter PEC again, hopefully for a mini-Ewave..

Re-enter PEC but at a very hugh risk 0.77. Decided to keep for a while if it drops but with a cut-loss price. And might want to reload more if it accumulating below the price.

Anyway, let's see. Sold off Mermaid at 0.645. Moving to PEC now and Ezion could be the next potential target.

Star-Trader

STI today gap up but went down spiral as traders waiting for signals...

Today, Yanlord on XD. So did a selling on Yanlord and gain some profit together with the dividend when you bought yesterday or days before during CD.

Disposed of Sinotel with a very little profit as don't see it coming today due to STI's weaknesses.

Managed to offload half of my holding on Mermaid at 0.655 yesterday but today didn't plan properly as hoping it will trend upwards but it didn't happen as I didn't manage to dispose off at the right price. So still holding on some lots which I bought at 0.64. What should I do next? I should have taken the opportunity 2 days back to ride on the mini-Ewave but chosen not to do it when it Yo-yo between 0.64 and 0.655.

If i did this, I will manage to profit 3x times more. Anyway, another lesson learnt when you trade in stock market. Everyday is a lesson to help you to grow a better trader one day....

What's in-store tomorrow? I will see how it going first on the global market news to seek my next direction on a particular stock..

P/S: I will having a public chat on my website soon, www.rtraders.net , Sorry for not able to post some technical lessons there as I might busy with my personal things. I will do so and update you guys through emails then.

Star-Trader

Today almost all stocks are on uptrend .. What you got for today

I got myself Mermaid, Yanlord and Sinotel today.

Although Mermaid and Sinotel not up as much as other stocks but got a little profit better than nothing right :) ? This is one of the principal on trading the stock market.

Entered Mermaid at 0.64(yoyo in between from 0.64 to 0.655) Will dispose if see any reversal signal the next few days. If not, I will keep it till I see the downtrend signal again.

Entered Sinotel at 0.405 but will sell off tomorrow if it doesn't go uptrend as to park my money on other potential stocks tomorrow.

Entered Yanlord at 1.62 in the morning which I queued during STI's mixed signal time.

If you missed today's market, do some serious analysis tonight on what can we still go in tomorrow ya.

Was thinking of Z-Obee actually at 0.475 but gave it a miss as I do not want to hold too much counter at one time. What a miss but is ok, we never know which stocks will fly like Z-Obee. Will do an analysis though if I can sell off some of my holding to get Z-Obee. Let's see.

Happy Trading !

Thanks,
Star-Trader

Mermaid, not sure what it is brewing.. Oil Price up?

I went in Mermaid early morning @9.01am when I saw a gap at 0.64 which a hugh volume. Thus still sitting comfortably at 0.64 with the price of 0.655 now.

I am looking at Yanlord, but the volume is still thin. Probably waiting for anticipation but I have queue at 1.62 for Yanlord to see if there is any good chance it accumulates and move further from there.

SOBAYOR,
Star-Trader

Yanlord Properties Technical Analysis and Candlesticks

Yanlord Properties, last week's candlestick showing Bullish Piercing Line Pattern which might shown a high confirmation on the potential of reversal signal on uptrend.

This is also confirmed with another parameter, OBV but any global directions will push the share price down a little bit , but in very short term, this will be uptrend signal.

So definitely a lookout for this tomorrow.

SOBAYOR,
Star-Trader

When fears took over your emotion...?

Well, Yesterday's DOW dropped the biggest points in history. STI followed suit. This has been affecting the retail investors as well that it will go further down.

But DOW did actually recovered from one point in time. So STI would follow suit too. What I am trying to say here is don't let fear over-rule your emotion, but instead take the dips to buy some and ride on the mini-Ewave if possible. When STI dropped till 57points at one point of time, take a look at the percentage and also how those blue chips stocks perform.. What I meant is were they stabilised at a price? Dropped further? If it is stabilising at one point of time, lock it in as it is a catch !

Even the non-blue chip has picked up too. But I rather chose blue chip than the non-blue chip. So, yesterday I managed to get CapitaMall @1.85 for 27lots and CapitalComms @1.13 for 10lots. Will ride on the mini-Ewave soon for these 2 stocks at least to dispose off half of it. Let's see.

Thanks,
Star-Trader

STI Market's weakness , testing your patience...

After talking on Straits Asia and also "fear", I move on to "patience".
Market can really test your patience. Why? Do not rush to enter the market if it is not showing any favours although TA is showing sign in the stock's chart.

Why? Because going against the trend is not the best way to deal with it. Let's wait for the opportunity to reap the profit and do not caught in between.

It will be the time when you can earn back the profit when the direction is showing uptrend..so why still lock in when the market direction is not clear yet?

These few days I have been staying sideline and also busy at the same time, while waiting for the coast to be clear first. The only long term stock that I hold is CapitalMall.

And yes, the coast might be clear soon, and I might be in to the sea again to catch fish if opportunity arises.. :)

General Lesson: The story of how dividend vs profit play on Straits Asia...

Well, still staying side line though today UPP posted a short term contra play but would not want to go in for the risk on playing contra with the market high on toes...

Very well, the STI gap up as per what I mentioned yesterday on my site www.rtraders.net but it went down due to uncertainty on China's Policy.

Anyway, Straits Asia still going strong but with a very clever play on this, you will still make money out of it.. How ?

Straits Asia is giving dividend soon on USD0.0203 per share. It's has been hovering between 2.01 and 2.10 for today. If the big fish got it at 2.02 during the time the contra players was outlasted, they can reap profit at higher price range (which can be more than the dividend and get in again when the price has dropped to take advantage of the dividend..

This is what I meant but of course the fear and emotion still must have the ability to overcome. Why I still see the opportunity to play this but not willing to re-enter?

The fear of this stock going further down for accumulation. Today it gap up to 2.10, so no mini-Ewave rides possible on Straits Asia but if it is still maintaining at this price, is time for me to re-enter at least for the dividend play..

Stay sideline..but tempting to go in Straits Asia and Sinotel...

Stay sideline still...though tempting to go in for Straits Asia and Sinotel.

Will get more data at the end of the session today on these 2 stocks Straits Asia and Sinotel. Will be posting at www.rtraders.net and you can comment or ask questions on these 2 stocks today.

Sinotel has been "oversold" zone for its price but will see global direction before locking in this stock.

Straits Asia, looks like an accumulation condition but will like to check out more before going in, not to be trapped as per my last week's trade on Straits Asia again.

Thanks,
Star-Trader

Have put in US Financial Indicators at www.rtraders.net

My new website, www.rtraders.net. This will be a platform for retail investors to learn the trade and hopefully will gain insight from how you would trade a stock.

Have just updated the US Financial Event Indicators there and you can register at http://www.rtraders.net/index.php?option=com_community&view=register&Itemid=57.

Please let me know if you face with any registration problems and I will rectify that for you.

Thanks,
Star-Trader

No stock trades on Friday...

Well, I didn't do any trades on Friday. Look out for a more clear indicative again before locking on my portfolio on short term basis. Will it be on Straits Asia again? Let' see.

Also busy with my tweeting my new website which As promised, my new learning platform websites for retail investors has finally arrived.

The name of this little beta version trading website is www.rtraders.net.

Check it out.

Star-Trader

Always follow the global direction Part 2: Real Scenario

Well, let me continue on this topic as today I would like to give a real scenario on how I follow the direction and ride on the mini-Ewave to at least get back the losses.

Still on Straits Asia, today, saw opportunity to ride on the mini-Ewave, thus queued at 2.03 and managed to sell at 2.07 for the profit of 4cents which covered the losses I sold yesterday at 2.09. Though, I still lose on commission basis, I will have another day of opportunity to seek the market. :)

This is what I meant by "Trend is your friend" or follow the global direction.

Till Then,
Star-Trader

Always follow the Global Direction..

Market moving sideline, stay sideline if possible till you see a clear indication again. Well, what we always say about Global Direction but didn't follow??

Well, what I have done during the past few days?? I have made a call on Seroja and Straits Asia to be the potential one. Though didn't get Seroja but I got Straits Asia at the price of 2.13 but it didn't move uptrend further as per said. It hovers between 2.11 - 2.15 before global direction force the price to go dip further down.

In this type of scenario, what will you do? For me, I cut loss at 2.09 in order not to fight with the market directions and always can get back later when the opportunities arise. As I mentioned, Global news indicators are still playing a part of the role in TA though the TA says that the opposite way which what I call "noise".

And...I will wait sideline till the coast is clear , one thing is ..anything goes down will go up again (Newton's Law). And I don't hold any stocks as I always said, I only play short term, the only stock I am holding for long term is Capital Mall for it's stability and dividend.

Hope you understand this type of scenario.

Thanks,
Star-Trader

Today market was down...Contra players might be caught in between..

Today, market was down. Red. Contra Players might be caught but am waiting for the opportunity to re-enter again the market.

Now, will just monitor the stocks I am looking and wait for the real signals to come in.

Star-Trader

Seroja, Ezra, Ezion and Straits Asia

Today,a rest day for me on a sunny weekend.
Thus I have time to post 4 more stocks for a lookout the next few days.

Has been monitoring on Seroja for the past 2 days. Well infact moving into the zone with the detection from my system on the RT signal about the uptrend wave move.

Though I didn't manage to get Seroja at 0.510 x 50lots as I didn't want to queue at 0.515(which definitely I would get it if I queued), will look into the global market tomorrow instead which I believe will gap up and make a decision upon there. Anything at 0.51 will be a good deal at least for short run if tomorrow on accumulation mode. If not, loading Seroja at 0.52 still will be attractive from my opinion if opens gap up for at least a mini-Ewave signal.

As for Ezra, I noticed a potential RT Signal as well after last friday's session. This will post a lookout as well for those wants to get a fair bit on Ezra.

Ezion, could be probably looking for another day on the confirmation signal as "anticipation" to move further ahead should have been confirmed. Will spot it during the trading tomorrow as well.

As for Straits-Asia, let's see on the pattern and indicator tomorrow.

Thanks,
Star-Trader

Accumulation/Distribution Line explanation...

Well, let me explain on what I meant by this.. since got the previous email asking on the same day trading signal control..

"
...well I can't control when the accumulation/distribution will be done by big fish by as in what price and how the uptrend will move, it can be gauged based on the signal..
"

What I am trying to say is if I spot a signal on stock A at 0.505, let's say. But it didn't materialised, instead it went down for more accumulation basis. Because as I always mention, Buying and selling will need something to trigger. Small fish = Retail investors will buy when the news is out which will get you caught on top of the price and might stuck there if you don't willing to sell if you don't know when to spot the signal.

Big Fish will take opportunity to accumulate more before the news is out and disposed off when they have such a good opportunity to do it. For this case, it is the same.

Almost all of my buying price calls that I made( you can check on the archive blogs or sharejunction.com forum) has been materialised, which means when I made a buying price call at 0.505, it goes up above the price even it dropped to 0.485 before it rebound back. Eg: Ezion Holdings, PEC, Oceanus, Ezra, Ausgroup,GuocoLeisure, Capitaland, YongNam, LianBeng, etc etc...

It's just that when you bought it, holding power is one thing IF ONLY YOU SEE THE SIGNALS and you got to know when to sell it after 0.505 to reap a small spread profit. Holding on to it and let it dropped back to 0.505 doesn't do any goods on your trading strategy. Example of a scenario as below:

You got 15lots at 0.505 on 26 Apr.
Price dropped to 0.48 on 27 Apr. Maintaining at 0.485-0.49 on 28 and 29 Apr.
Suddenly it surged to 0.525 on 30 Apr.
It goes all the way up again to 0.535 before dropping back to 0.515 on 3 May.(NOT SELLING, Hoping to have it goes up more) but indeed it didn't happen.

........Unless you tell me that you are keeping it for long term, then I will not explain anymore as one thing is , the signals that I given here are all for short-term(0-3months) which you can sell it anytime based when it goes up to 0.505 based on the chart.

Of course, until now, I only made a buying price call. As I hope you can make your own judgement of selling off as I can't monitor so many things at one goal. I just hope if you can reap small profit each day will be good enough for small fish to trade with a small injection capital.

Hope it clarifies.

Star-Trader

Ezion Holdings, still not on uptrend candlestick yet...

Before moving to Ezion, from my previous post, I have mentioned Capitaland. Though it is on downtrend but look out for it as some "accumulation" has been going on..It will do a reversal trend once the signal is intact. For now, let's stay sideline and look see.

Ok, moving to Ezion. After 2 Doji, today it closed with black spinning top and not able to break to successfully break RT Signal price yet for the run-up wave. OBV not successfully sustain at positive side.

Run-up wave and mini-Ewave are different waves all together. Mini-Ewave is a short wave to reap profit for eg: you bought this at 0.745 past few days and sold off at 0.76 or 0.765 when it hits the mini-Ewave peak of 0.77.

Run-up wave will be different. Will come out with lesson soon for my subscribers on this what it meant.

Thanks,
Star-Trader

Z-Obee and Capitaland, the opposite way as expected..

Z-Obee and Capitaland in an opposite direction. Someone asked me why my call can't be the same trading day, well I can't control when the accumulation/distribution will be done by big fish by as in what price and how the uptrend will move, it can be gauged based on the signal..

So, Z-Obee, I made a call if buying-up continue

http://star-trader.blogspot.com/2010/04/dow-gap-up-sti-too-whats-next-in-placed.html

for the last 2 days but it turned to be the "starter" only yesterday when it came from 0.56 to 0.575 which the buying support continues the run. Personally I didn't get this stock,just and now it closed at 0.6. Not vested for me for now too.

As for Capitaland, it has shown sign of downtrend. Stay sideline for this stock to wait for more accumulation in placed before locking-in till it hits back the RT Signal..Will explain more what is this on my next blog.

Thanks,
Star-Trader

Ezion Holdings, Candlestick for today...

After so much talking below, Let's check Ezion's candlesticks. Ezion's candlestick for 2 days have been "Doji" but today was a higher Doji. Let's see if tomorrow's signal can provide the real confirmation signal for the next run-up wave as Doji is still indecisive.

Star-Trader

Lesson for all: Big Fish vs Small Fish Trading Pattern...

Usually, I provide lesson to my subscribers only. But this forum link below to explain what is big fish vs small fish trading pattern prompts me to do so. http://www.sharejunction.com/sharejunction/listMessage.htm?topicId=5421&msgbdName=$%20EzionHldg

First thing first, How is Ezion's perform today? During my buying call at 0.745, the volume surge not that positive yet but only with accumulation mode. It moved tandemly when the stock price was at 0.75 and 0.755. Notice that there are also big bulk at 0.76 and 0.765 but that doesn't mean tomorrow might be flying unless buy-in seeping in in the first session of the trading. There were also big bulk selling at 0.76 and 0.765 that what brings me to the next lesson, Big Fish vs Small Fish Trading Pattern.

First of all, 0.765 is so called a "pin-point junction" where sell-off has happened in bulk too. There was also parts of the big bulk locked-in at 0.75 and 0.755.
So, now can we see a relationship here? Big Fish has bulk volume at 0.75, 0.755 and 0.765. They disposed off 0.765 for some mini-Ewave profit in order to reap some profit first. But what about the small fish? (Small Fish = Retail Investors). Are we able to do that?

So, next question is... usually small fish will look for a higher spread than this to earn a better profit before selling off the holding. I bet some of you who got it at 0.745 and when looking at the price at 0.765 will just keep in view that it will move higher to earn higher spread margin.

But..but..one thing I want to say here is, if the signal is not yet established as a run-up wave (eg: 31/03/2010 -> 09/04/2010) where retail investors can purchase at 0.76 and sell it at 0.81 , it is always good to practice disposing at least half of your holding as the "real confirmation" signal for the run-up wave is not yet confirmed.

So as for Ezion for now, if you can hold on to this stock for accumulation process during the next few days when the signal is clearer, you will be able to at least hold on and earn a higher spread.

Ok, let me quote one real life example on Ausgroup( if you search my blog on Ausgroup or Sharejunction on this topic) , I did make a buy a call during accumulation period at 0.595 and if you hold on to it for the next 7 days, it went up to the high of 0.69 the following days.

So, this is what I call the different between Big Fish and Small Fish Trading Pattern. Though, today's volume one big fish still loaded at 0.765 in bulk. We will see how they will turn out to be.

P/S: Above is quite "dry". But one thing I have forgotten to mention, Big Fish also always take the opportunity on the global news to accumulate more in dip even though the TA Charts says uptrend as to take advantage of the emotional fears of the retail investors.

Hope it clarifies.

Thanks,
Star-Trader

Mermaid is still maintaining at 0.79, will it be the same on Ezion?

Well, I got Mermaid at 0.765 but disposed off at 0.78. Not sure on the news so not willing to hold longer. But will see how it sustains at this level of the price or even move higher.

Ezion, on the other hand at 0.76/0.765. Will it move in tandem since Mermaid today is on uptrend?

Let's see.

Star-Trader

Mermaid, for day trading...

Not sure about the latest news on Mermaid. Neither did I check on the TA Analysis for this stock. But will check and explain. As for the news, Will check it out too, but if you want to play on it for today, it will be good entry point now at 0.76/0.765 to buy. Volume Bulk-in signal has established.

Let's see.

SOBAYOR,
Star-Trader

Ezion Holdings on OBV and Volume

Ezion Holdings yesterday's OBV only started to turn from neg to positive but to really confirm the indication of moving higher, this will need to be on higher positive basis. If not, it will still be in accumulation mode for the next push up to confirm the real uptrend signal.

Is still a lookout for me on this stock.

SOBAYOR,
Star-Trader

Capitaland, as expected moving dowtrend after not able to sustain at above 4.00

Well, as mentioned on my previous post, Capitaland has not able to sustain at the price above 4.00 which OBV not able to turn from negative to positive to show more buying support. Therefore, the signal of uptrend still not able to confirm as OBV not able to provide support and turn the table around.

Though RSI of 14days has been the indicator to do a reversal trend but need a true support of volume in order to push this stock price up.

Will explain more the scenario soon with more candlestick signal to see for the next few days.

Why not YZJ but Ezion or other stocks?

Someone, not a subscriber of mine has written to me why I didn't spot on YZJ.
Well, the answer is very simple. Though I can ride on short term for a fast in fast out on YZJ, I still prefer something based on the TA chart which can have the satisfaction when you are able to spot it! :) as simple as that.

YZJ has clearly on overbought signal but if big fish wants to play it big, you can ride with them but as mentioned, got to stay on guard on monitoring the stock.

I did recommend this though to my subscribers though telling them this stock and Baker Tech which got to be fast in, fast out in order to reap profit and constant monitoring is needed as if it moves downtrend, you got to be wary not to caught off guard.

Thanks,
Star-Trader

Ezion Holdings, time for re-entry?

Should be good enough to load up now for Ezion Holdings at 0.745/0.750. If you got it, hold on to it till the next uptrend signal but you must have the power to hold it and ride the wave with accumulation in mind though the OBV signal not showing sign but in order to anticipate and also it has reached the RT Signal or Line.

I will update more on this stock later.

Star-Trader

Dow Gap up, STI too, what's next in placed?

I have some time to observe the market currently, STI stands at +18 points.

I noticed Z-Obee as one of the potential run-up but for a quick ride on the uptrend wave. At 0.57/0575 now but if late session of the trading today can see more upside volumes, this will be a buy call.
Still looking for a clear direction on Ezion though it gap up but let's see if Ezion at this channel for further upside.
As for Capitaland, the signal is going clearer for an uptrend at least for a short run if the volume push-up is there.If not it will be going towards downtrend for at least in short term.

Will post more on the 2 stocks soon.

Star-Trader

Today, have been a busy day for me...but let's analysis Ezion and Capitaland.

Nope, it is not on stocks..You might be wondering, am I a full time trader? Well, I will let you guys know someday ! :)

For now, back to STI Stocks. Today was bash-down except YZJ and Baker which I told my subscribers yesterday's night, if you want to get in to play these 2 stocks, you must really monitor and play it like a day trading.

Many times it yoyo between the price range but closed nicely near the highest price at the top. For me, if I really got the stocks, I will look out for the price to dispose off at least half of it for the next few days. Anyway, this is your own call as I won't analysis TA for these 2 during this time, as you know what kind of trading pattern has occurred to these 2 stocks?
Enough of this :) Let's move on to the analysis of my previous post which is on Ezion. Today is still bearish but we got to see on the volume itself, bulk-buying , OBV showing any signs yet? Nope,patiently waiting for the signal will definitely reap profit.

Another stock to lookout, Capitaland has also touch the RT-Signal and it a sign where the reversal sign might occurred while waiting on the indicators confirmation. Now lacking of the real confirmation is only the OBV.
Once candlestick and OBV showing some sign, it is time to load in!

There are some other stocks that have made it on RT-Signal, but let's be focus, as focus is also another game plan in the stock market. Just like riding on the wave, some good examples are Ezion and Capitaland which my previous buy-call price has been "run-over" ! Ezion being 0.765, Capitaland @ 4.0x if I can find back my archive blog! :)
This is the beauty of mini-Ewave if you know how to ride on it. So focus.

Star-Trader

STI might dip down tomorrow but let's see if it is able to pull back from there...

Well, STI might gap down tomorrow.

As for oil related stock play, another stock that I am interested in based on the RSI and RT-Line is Ezion Holding. SO, monitoring Ezion Holding to check for the reversal signal on the uptrend to lock in further as tomorrow might be a gap down, volume and candlestick indicator will be a good one to follow.

P/S: I just realised this. It is back to my previous buy call price of 0.765, check out my previous post -> http://star-trader.blogspot.com/2010/03/ezion-holdings-on-breakout-volume.html

but of course the buy call DOES NOT stand now! :) It will be a different buy call price instead if it is confirm a buy signal for the next few days. Let's see.

Thanks,
Star-Trader

Golden Agri Resource Technical Analysis and Charts

Well, this is the first time I am posting a technical chart analysis here at my blog reason being, many of you want me to analyse this stock Golden Agri Resources. Usually I only do the analyse myself on the charts/volume and posted the signal and data here.
So, hopefully you can gain some knowledge here on the TA Charts, the whole picture after my explanation on the technical chart itself especially on candlesticks and volume. As picture itself speaks a thousand word!

As for the Financial US Events Indicators data and commentary, I will only post it to my subscribers. And for lessons, I will try to post some here.

Ok, enough of explanation and let's move on to the technical chart now! As from the start, I have always mentioned my forte is on TA and not FA. TA has many parameters, One of them -> Candlesticks is one of my expertise to gauge the market direction. Is the beauty of the whole overall trading market scenario where you can see the next uptrend/downtrend.

Let's get started. Notice the past 2 days, black and opening marubozu has dominated the trading but with volume increased on the 2 days. Does it means high volume can be a sign that it will trend upward further? No. It is not.It can be reversal but in this case we have to see how the bulk-volume dominates the trading session. And we also got to see the past days how the movement and the candlesticks shown with the trading curve line and other parameters. ( I will explain more next time on Trading Curve Line, another topic on this)

Once all the parameters are checked, we got to see the next trading day's candlesticks to provide us the signals if it is a buying trend.
Ok,But Before moving futher, I would like to explain the process how I categorised Signals to use with candlesticks to trade on a stock.

Signals can be categorised into:
1)BUY
2)Buy-When
3)Hold-on
4)Waiting
5)Sell-When
6)SELL

These 6 signals are used to confirm the waves for the trading pattern on any stocks which I need another time to explain. Meanwhile, For Golden Agri's signal is Buy-When(when the signals showing early sign). "Buy-When" will be turned to BUY(confirm can buy) if the next day's candlesticks and volume showing buying signals.

This is how the cycle of the trades can be executed properly if you follow through. So, As for Golden Agri, let's see on the next day's confirmation to further confirm the BUY signal.

Thanks,
Star-Trader
P/S: Can email to me -> Sgxstartrader@gmail.com if you have anything and don't leave your questions in comment area here as I won't be able to check frequently.

Should be on Golden Agri soon for stock technical analysis

Next stop on stock technical analysis. It will be Golden Agri. As for Raffles Education, it could be on Accumulation mode but it gap on 12 Apr to 0.395. I didn't get the data to check further the next move but Raffles Education should be on accumulation mode before moving to another wave...

SOBAYOR,
Star-Trader

As promised, my updates on my stock holding and I am back to Singapore !

Hi All,

As promised , I will update how my trades being going while I was away which I have a very "limited" internet connectivity, only able to post on 12 Apr, which was critical to some of the movement of the stocks, especially Ausgroup.

Let me sum up first. I managed to push off Lian Beng at 0.33 which currently not holding any of them now. Ausgroup at 0.675 on the balance of the stocks that I was holding previously. I will explain why I did this on 12 Apr 2010 and why my first batch was sold at 0.625 which I didn't wait to reap more profit when it hits to the high of 0.69 the past few days..

I will explain these to my subscribers only which subscribed to my email newsletter only (at the right side of the corner..) on the way the trades being done especially the 12 Apr Ausgroup trade..

So, while staying sideline for more signals, I will write some tutorial related to the scenario of trading the past few days.

Thanks,
Star-Trader

LianBeng disposed half at 0.335 today and queue-ing at 0.33 now..Raffles Education, the next one?

I am out from the town, but luckily I still have internet connectivity here which I am able to trade on the stock battlefield again.. I have disposed off half of LianBeng at 0.335 queue-ing earlier today but now still queue-ing at 0.33 to sell off the balance.

Earned a little profit on YongNam at 0.3(half)/0.305(half) though I can keep it for a little while more I mentioned, I would not want to keep so many of them I don't the spare time to monitor the movement after the session ended.

Nevertheless, Still have some lots on Ausgroup, wondering if I should dispose off as well to ride on the wave uptrend? Will check out soon.

As for now, Raffles Education, what's in-store? at 0.38/0.385 , it could turn out to be the winner... Check it out soon..

Lian Beng uptrend moves is interesting and as predicted...

Lian Beng, as per my previous post climbed today at 0.335. I bought-up at 0.32 yesterday with 80lots and now looking to dispose some.

I will be away for a week again next week. Usually I will sell off those I play on short term. Will I do the same on Lian Beng and Yong Nam?

I might want to queue my the other half (40lots) of YongNam at 0.3 though as I don't want to keep both of them which I might not be able to monitor. But this time round, though I am away for a week, I will still might have internet connectivity access. So, should be monitoring Lian Beng then and see if I can sell on wave.

P/S: Sorry today not able to send the US Financial Indicator Data to my subscribers.

Thanks,
Star-Trader

Ausgroup Sold the other half @0.625 , YongNam disposed half of it at @0.305

Sold the balance of Ausgroup @0.625 today and YongNam, half of it @0.305 which was 40lots.

I will explain the scenario why I did this in the newsletters either early tomorrow morning release.

Thanks,
Star-Trader

Missed Rowsley at 0.105 but looking at Lian Beng now

As mentioned in my email newsletter, some can be in my radar for stock pick today although STI index gap down today, I missed Rowsley at 0.105 to out at 0.115 which is high risk, but looking at Lian Beng @0.32 now...

SOBAYOR,
Star-Trader

Lian Beng technical analysis chart volume

Observing the candlesticks and volume for Lian Beng today. At 0.32 for accumulation period will be a good choice. Together with YongNam at 0.295, let's see how both of them move in short term for the next few days and week..

Construction cycle sector playing probably?

SOBAYOR,
Star-Trader

Preparing Lesson 4: Volume (Fake and Genuine Queues)

It has been so long that I have no time to prepare the lesson. Anyway, let's move on. Lesson 4, which I will explain why Fake queues can cause emotional stir-up to Retail Investors and can have an impact on the selling/buying of the stocks.

Thanks,
Star-Trader

Cosco Technical Analysis and breakout channel with volume charts and YongNam won order contract

Cosco has been in breakout channel with hugh volume sweeping in and out at the range of 1.40 to 1.45 and still going strong at 1.46 now.

IF I would like to enter now, it will be riding on a short mini-Ewave. But I will rather stay put with YongNam which is on accumulation to run on uptrend wave in short-term basis ya. The latest news on YongNam is they won order contract by clinches fifth contract for Marina Coastal Expressway‎.

SOBAYOR,
Thanks,
Star-Trader

Yongnam Technical Analysis and Chart Volume, any latest news?

Checking out YongNam now.

Have sold half of my holding on Ausgroup @ 0.62 today. Yesterday didn't managed to sell at the mini-Ewave Peak of 0.63 or 0.635 due to personal commitment not able to monitor the stock. But I should have queued for Ausgroup too. Nevertheless happy to offload some @ 0.62 as believe BB did the same too on offloading part of their holding on Ausgroup. Still holding on but will move on to other stocks for next short term uptrend movement like YongNam..

SOBAYOR,
Star-Trader

Ezion Holding Technical Analysis or breakout channel stock chart soon and any latest news?

Ezion Holding, previously I made a call to buy at 0.765 which is still a good hold for those that still holding on to Ezion Holding. But BB might want to take advantage of the global situation to accumulate more tomorrow or it could be a push to another price range if they decided to proceed to the breakout channel.

How can BB take advantage so easily to accumulate more ? I will explain more on "contra-on-exit" or COE(please bear in mind not the COE for car, :) ) This is my own term of using for those that interested on learning the stock trade.

I will explain more tonight to my subscribers only since I got the time but am still working hard for my website as I faced with a little problem on the coding. Please bear with me. I will also talk more on how I traded Ausgroup yesterday and what I have done with this stock as well as what is the plan for this stock on the next few days.

Meanwhile, I got feedback from some that they are unable to register on the right side form due to Norton Virus scanning preventing them from doing so. If you face with this problem, please email me and I will add in your email address to the subcriber list.

Please try first before email to me.

P/S: Sorry, Latest Update... I will try to post the lesson and the financial data event tomorrow early morning before SGX opens. Around 8.30am to 8.45am tomorrow.

Thanks,
Star-Trader

Ausgroup technical stock and chart analysis, now proceeding to the breakout channel

Back from my holiday.

Happy to see that Ausgroup has climbed after a period of consolidation at the range of 0.585 to 0.605.

As mentioned previously from my 2 posts link below on Ausgroup,

http://star-trader.blogspot.com/2010/03/ausgroups-technical-analysis.html
http://star-trader.blogspot.com/2010/03/ausgroup-and-straits-asia-resources.html

There was a signal detected but it could not proceed to breakout channel yet, thus was on accumulation for a period of time which was a week's of accumulation till today, it is proceeding to breakout channel.

I will try to explain more on Accumulation and Breakout channel on my lesson if you subscribe to my newsletter. And also why Ausgroup when dropped to 0.585 was not a consolidation and is right to hold even though you bought at 0.595 and 0.6.

As for those that got in at 0.595 and 0.6 from my previous post for a buy call and still holding on even it drop to 0.585 for a period of time, Congrats. The next few days will be the time to ripe for profit.

I have managed to get Ausgroup at 0.605 early morning and will ride on the uptrend wave with an exit price keep in mind when the opportunity arises to sell.

Happy Trading,

Thanks,
Star-Trader

Taking a break for a week....

Will be taking a break for holiday, so I won't be doing any analysis for next week on the stocks starting tomorrow till 3 April 2010.

Happy Trading and Happy Weekend..

Star-Trader

Z-Obee and Novo Group

Tonight, I am going to answer some of the questions by my subscribers.

1) Why I bought Z-Obee (from my previous post) and locked out so early to ride on the small profit?
2) Novo Group's analysis...
------------------------------------------

Answers:

One thing when I locked in a stock, I would like to make sure what I am buying is worth on the FA as I do not want to have any problems when got into the stocks and face the dilemma of problems later on.. So, for Z-Obee, is merely a small profit rides based on the TA as I didn't really know about the FA.. Thus, to be safe side, getting a profit better than losing it.. And how many lots that I bought, I can tell you it was 60lots which I earned merely $600(before commission) in less than 20mins...Locked in at 0.425 and out at 0.435.. Looking back at the price now which is 0.48, I have no regrets at all as I like to play on the safe bet and getting nice profit better than sitting on loses...

Maybe I should spend more time to study on FA now to spot stocks that I can rely on for TA and trade it with care...

As for NOVO Group, I detected the signals as well but didn't post it here. All I know is they deal with steels. It goes the same to this stock as well.

So, I hope to come out with those stocks soon which are good in FA that I can rely on to trade with my TA expertise.. Check it out soon...

And I will continue with the lesson soon for those that subscribe to my email list at the right side corner.

Thanks,
Star-Trader

Ausgroup and Straits Asia Resource's buying tips...

Hi,

Previously I posted at sharejunction forum on these 2 stocks on the buying trend..

Straits Asia was pretty much on the run, but not Ausgroup which currently stucked at the range of 0.595 and 0.6. Someone written to me and asked why Ausgroup didn't run as per what I said today or the next few days..

Please.. I only based on purely TA on my own system and I said "might" and it could be still in accumulation mode as not in breakout channel yet , so please buy and make your own judgement whether you want to follow my calls...

Thanks,
Star-Trader

Ausgroup's Technical Analysis what happened to Ausgroup today? Any latest news?

Today's , out of nowhere it's form a hugh volume with a buy-out for Ausgroup and from the candlesticks pattern, this buy-in volumes still not have not catch a breakout yet.
OBV showing signals..

So, check this stock out. It may gap further but exit at the "right price right profit", I will explain later what it means by "Right Price Right Profit" or rp2, or RP square..

So, if you managed to get it at 0.6, from my opinion...a good one, but even better if it is at 0.595.

I will keep a lookout on this. I didn't get it today but definitely a lookout..

SOBAYOR,
Star-Trader

Z-Obee, another run up?

Can we ride on a profit on Z-Obee? with This is purely speculative but if you want to take a risk, this will be In and out on the riding mEwave which can purchased at 0.425 and exit at the price that can justify how much profit you want but beware the gap is small.


P/S: I was about to post this at 0.42/ 0.425 but due to my PC's problem.. Anyway, now already 0.435.. I bought at 0.425 and sold off at 0.435 though didn't catch the high of 0.44/0.445. Not going to vest this for long..

But is good to know more on this stock doing, why is a run-up for the past few days..

SOBAYOR,

Thanks,
Star-Trader

Ezion Holding,still holding on 1/4 @ $0.765..

Ezion Holding, yesterday didn't queue to ride on the mEwave @0.765 but is ok. Although the uptrend is still intact, I didn't make a decision to queue at $0.765 is because the global direction market is still not clear, thus made a decision not to sell off everything instead keeping 1/4 of it at $0.765.

Today, it opened gap at 0.775 now. Let's see if it can gap further to another price range.
Should I chase the stock? I always mentioned not to chase a stock but will check it through though based on the volume push and other indicators. Now, just happy with the current holding I am having.

Thanks,
Star-Trader

Parkway Holding technical analysis chart and momentum..

Just glanced through the OBV and momentum..

Parkway Holding OBV and momentum were positive but if you willing to take risk to lock in, you must look at the price exit to dispose off at the right exit price for your profit to ride on the mEwave..

SOBAYOR,
Star-Trader

DOW up yesterday..What's next for STI?

Just posted to my subscribers , part of it as below.... For more information, you can subscribe at the right corner...

"
DOW posted a positive gain yesterday. What influenced it to go up?

US Commentary: Healthcare Reform Passage
Largely positive reaction on this has been due to the movement for DOW yesterday but still the day's upside might have also been limited on overseas financial concerns , like the Greek Debt.
The House of Representatives voted last Sunday night on this package of health reforms....
...
...
..

"

STI dropped -26points... Ezion Holding, Sold 3/4 of it at $0.785, still keeping 1/4 at $0.765

Riding on mini-Elliot Wave is never easy. As mentioned, a lot of external factors will bring down the stock price even though the trend is looking upward. So, what I always mentioned many times is to offload some of your holding to lock-in decent profit and wait for the mini-Elliot Wave for another chance to come in.

Will be looking closely on Ezion Holding again based on the technical analysis charts, price,volume and more important the NEWS... which I am sending to my subscribers daily on what happened globally so that you can make ideal choice to sell or to buy on signals.

Looking for opportunity on Ezion Holding and also Capitaland for another uptrend rides when I detected the signals..

For now, let's wait and see for the next course of action...


P/S: Thanks to one of the subscribers who wrote to thank me on my call previously at
http://star-trader.blogspot.com/2010/03/is-accumulation-done-for-ezion-holding.html which was 6 days back and made a decent profit of $0.02 x 30lots (exclude commission)
when he sold at 0.785 late morning today.

Thanks,
Star-Trader

Ezion Holdings, on the breakout volume, technical charts or candlesticks?

Looking at the volume buy-up at 0.785/0.78, it could be moving up to another price range but look-out to lock-in profit once you have chance. Still waiting.

And congrats again to those vested on 0.765 during my past week call to buy on this.

P/S: I have email asking me if they can offload it at 0.78/0.785, as the hugh volume is building... I would say is fine as long as you can ride on the profit.. For the mini-Elliot Wave... Or sell half of it for a profit and keep some which is always my way of trading if the signal is there intact.

Thanks,
Star-Trader

Ezion Holding, my previous analysis trend price, any latest news?

Ezion Holdings, today on white spinning top with hugh bulk volume buy up coming in the end of the session.

Previously, I mentioned that Ezion Holding was on accumulation but has it ended now with a push to another higher price trend? Looks like it is trying to breakout now.

If noticed my previous blog, http://star-trader.blogspot.com/2010/03/is-accumulation-done-for-ezion-holding.html , the call price was 0.765 which is standing still even for now. So to those that vested, congrats and it might be time to find an exit price when the time is right...

SOBAYOR,
Star-Trader

GuocoLeisure, any latest news that move the price higher?

Don't know about any news on GuocoLeisure..but..

At the price of 0.68 / 0.685, there is a sudden hugh bulk volumes buying-up to move the price higher to another trend which I believe will move the price to another higher uptrend price.

But beware on the profit-sip in at 0.7-0.705 which the BBs could sell down on that price range.

SOBAYOR,
Star-Trader

Working on my new Technical Analysis website...

Working hard to get this up by this weekend. What we can get from the site is US data financial events indicators, Stocks' Financial Result and other TA features with discussion..

Subscribe to my newsletters and would let you know on this soon.

Thanks,
Star-Trader

STI Index's up today, cheer to all that vested yesterday..

Yesterday, did mention in my newsletter that accumulation was done on the stocks where the movement was so stagnant for today's uptrend due to several good global financial event news.

Anyway, congrats to those vested and out by today. Personally I sold off Ezion at 0.775 today but still holding on to some at 0.77 for the next push.Am holding on to Capitaland as well at the price of $3.96. What will be my target price? Will check the when there is a signal for a downtrend on Capitaland.

Will I reload this again or other stocks to ride on the mini Elliot wave? Yes, Definitely, and I will explain what is Mini Elliot wave in my email list or my new upcoming website which is making busy for the past weeks. How we can enter and exit on the wave, and the behaviour of BBs on the way the ride the profit.

Thanks,
Star-Trader

Still holding on to Capitaland for a price target , Sold off Ezion at 0.775..

Still holding on strong on Capitaland but Sold off Ezion at 0.775 for a profit of 15cents (from the purchase price of 0.76) and to ride on the mini elliot wave again if the opportunity arises. And holding on some at 0.77 which was purchase much earlier.

Let's see.

Star-Trader

Property Play: Capitaland

Saw Hugh Bulk Volume noticed at 3.94-3.95. Reload Capitaland at 3.96 but would look for short term profit for this as we ride on the uptrend wave..

Should have give more priority to this stock by analysing it as due to the local data on the property segment in Singapore as this has been pushed because of the Good Data on Local Singapore's Properties Climate and will continue to monitor other property stocks as well.

SOBAYOR,
Star-Trader

Is Accumulation done for Ezion Holding? What is the price target?

Will check the date end of the session if there will be any push since I detected the signal at the price of 0.765. Ever since the buying signal detection, it has hover between 0.77 to 0.785 which I sold part of it at 0.78. But yesterday it came back down to 0.755 which what I always mentioned the accumulation method when "someone" take advantage of the situation to accumulate more.

Thus, Loaded more at 0.76. The uptrend movement will also check on the inventories data coming soon and also the crude oil future price which last 2 days have been down but the price support is well maintained with accumulation from the volume.

Let's see.

SOBAYOR,
Star-Trader

Market direction waiting for Economic data...

Market Direction awaits more economic data to see if it will open higher or lower on the stock exchange..

Industrial Production and Housing Market Index are the one that we will be looking for.

Will send directly to my subscribers once got these data.

Thanks,
Star-Trader

Breaking News:Cosco won 500M contract rig order..poised to go higher..

At 2.15pm,with the price of $1.24, I got news that Cosco won 500M Contract rig order..

Let's see how it goes higher today.

Thanks,
Star-Trader

Only SGX stocks , NO US stocks for analysis...

Recently I have got a request on doing a technical analysis for US Stocks. Please, I don't do it on US Stocks as US market works very differently in terms of the TA(fast moving) and my forte is on SGX stocks only.

Just to clarify here, even though I posted the US Financial Event Indicator but that doesn't mean I am doing US Stocks TA Analysis as those indicators are meant to be for direction of the movement for global markets.

Thanks for your understanding.

Star-Trader

US Economic Data Event Indicator for next week..

I have just drop a note to my subscribers on how each US Economic Data Event can be an indicators to the movement of the stocks and also will post the US Economic Data Events for next week soon to my subscribers.

Thanks,
Star-Trader

AllGreen, at last hitting the next gap between $1.18-1.20 - AllGreen Properties technical movement and chart analysis

Though I have disposed off this earlier http://star-trader.blogspot.com/2010/03/allgreen-properties-sold-at-116-and.html , I will like to bring this out again as my buddies sold this off at $1.19 today at the end of the trading session and also would like to explain how I come identify GAP and how I come out with price range for certain stock to hit in short term trading(0-3months)

To prove it, I also posted this on Sharejunction.com Forum http://www.sharejunction.com/sharejunction/listMessage.htm?topicId=3964&msgbdName=Allgreen on 19-Feb-2010 22:45 that this price range will be the gap to fill. Finally, It took less than a month.

Thus, I hope to explain the GAP thinggy but might be through my subscribers list who believe and appreciate the efforts that I have put in.

Thanks,
Star-Trader

Noble Group, another half of the holding sold off at $3.36

Noble Group, which I was still holding another half was finally sold off at $3.36 after a fine run. Though it might rebound but profit taking has "seep" in for this particular stock.

Moving on to another stock but will analysis thoroughly as next week may be a challenge on Accumulation for most of the stocks to test the patience of positioning for the stock.

Thanks,
Star-Trader

Questions from Subscriber..

On and off, I will post questions that posted to me by my subscribers and share it with everyone so that we can learn from each others over the time..

--------------------------------------------------------------------------------

Mind if you help do some analysis on local stocks? Realised all are very manupilative. Push and dump etc. Except for few counters like HL Asia, Noble, Sembmarine able to sustain higher highs and higher lows on higher volume. Even performance of good counters like Kepland can be erractive.
You have been analysing Sinotel and should be aware that the following trading day doesn't guarantee price up even on high vol and strong white candle. And with our local brokerages so high, retailers are at great disadvantage. I would feel buying on support and cutting loss if support breaks is better than entering high on "breakouts" that usually end up being push n dump for local stocks. Whats your views?

Thanks.

MY REPLIES:
------------

Hi,

Thanks for your email.Yes, indeed they are manupulative. My view is if can observe that the stocks have trend to move further up but due to certain circumstances, it is still stale as in the mode of accumulation, they will take advantage of those that with contra and without holding power to accumulate more and dump when retail investors got in. One of the typical example are Sinotel and NOL, I have been doing some analysis on the pattern and you will notice that accumulation process could have been occured during the range of (0.475 to 0.49) during the last few days after the first Elliot-Wave uptrend (from 0.46 to 0.5). I am trying to "perfect-ing" this into my system on the accumulation parts in order to detect the movement before the uptrend. These has been observed by the way the stock stale for accumulation and I am pretty sure that contra players that trying to get the current price now from 0.525 onwards will be at risk for them to dispose off. Unless, the market direction and the news related to stock can stimulate higher buying uptrend that will see Sinotel move further ahead.

As for the NOL, is a typical 1-day trading load and dump where you will observe how it can go the accumulation level of 1.96 towards 2.02 and yo-yo in between these price range. So, each stock we will see how the behaviour goes and we will trade accordingly to it. There will also be some same industry stocks that will move together and I will try to explain in my next newsletter..

Thanks,
Star-Trader

Sinotel, as expected in the morning...has merged break up..

Sinotel has done a uptrend break-up at 0.5 and keeping the uptrend price now at 0.525.

The previous post that I have posted on the short-term price, http://star-trader.blogspot.com/2010/02/latest-news-sinotel-wins-maintenance.html about to hit the gap to cover the 0.54 but it could be profit taking tomorrow after filling the gap.

and please, my short-term here is 0-3months.. Someone taught what I meant of short-term is in 1 week to 2 weeks. Please bear in mind...IT IS NOT THAT CASE.

Thanks,
Star-Trader

Sinotel, White Spinning Top

I posted on Ezion 2 days back ago at 0.765, but today early morning, I did a trend analysis for Sinotel at the price of 0.5 due to reply email from one of my subscribers to do analysis on Sinotel.

Sinotel has shown White Spinning Top candlestick yesterday with a buying up signal trend on the merge for break-out.

Let's see,

SOBAYOR,
Star-Trader

Lesson 3: How On Balanced Volumes relates to uptrend/downtrend of a particular stock?

Volume Lesson, continued with Lesson 3:

Let's move on in-depth on the next lesson, How is the relationship of OBV has on the stock market.

OBV, as discussed previously was one of the important factor to determine the direction of the market. We can't take only this to trade the market, if not, everyone will only use this to trade and succeed in the market. But , OBV can be one of the confirmation factors to check the direction of the stock movement, at least with the flow of the money in/out and how it co-relates to accumulation/distribution...
How does OBV co-relates with the accumulation/distribution ? OBV attempts to check the level of accumulation/distribution by the means of comparing the stock volumes to price movements.

Volume is added to indicator if closing price is UP and subtracted if closing price is down. The basic assumption, regarding OBV analysis, is that OBV changes precede price changes. When the money is flow into the stock, the accumulation will increase with the price of the stock increase is one of the confirmation for OBV that surge ahead.

Example, How OBV confirms the price movement of a stock , When the price move in the dominant direction, with strong uptrend more or HUGE volume on Price UP days versus Price DOWN days, there is a sign that strong uptrend will emerge. As a confirmation rule, strong heavier volume should follow the trend of the price trend.
Likewise, for a huge Volume that happens on the days where the price is decreasing with OBV is on the downtrend, that could means that the direction is about to change. Also, if the price is rising but with a flat line OBV, that also means there isn't any volume support on this.
Conclusion is, when there is a breakout of OBV lines when the price is on downtrend / uptrend , there is when we can detect the price direction of the movement for that next few days when the interest of stock has emerged.


Thanks,
Star-Trader

NOL, accumulation was done...

1 of the subscribers written to me why I didn't wait and for till today and sold off earlier as mentioned in my blog, because I did mention that ACCUMULATION should be in the process for NOL which I posted one of the written blog.

Yes, confidence and patience play a part to determine the movement but I have lost control on the emotion yesterday as I am still "perfecting" my trading system and method to detect on the same day what price huge volume pattern could determine the uptrend signal of the stock.

This was what happened to NOL which I did mention "Accumulation" in the process which came true today to push the price to $2.00. I have no regrets on this as everytime I learnt on the behaviour of the stock, I got one point to add in perfecting the way the trade should go along with the BBs.

And, please do not ask me why I didn't detect stocks that moved up today like Indo Agri or Golden Agri, as I am still doing "manual" process to detect stock movement, which I scanned painstakingly each stocks to see the trend.

And I didn't happen to scan on stocks like Indo Agri or Golden Agri as I chosen the stocks to analysis and get on with the analysis of the stocks on the daily basis.

Thanks,
Star-Trader

Ezion Holdings, a lesson learnt when got hold of NOL today..

Is time do some post-mortem on NOL. Why other indicators are still important during the day trading besides OBV and volumes is to determine the direction the price will go.

Have you ever wonder, if a whole bulk of volume bought today at $1.95-1.98 and sold in the afternoon at $2.00 has made you a handsome profit? This is what BBs can do. Lesson learnt was to have a patience to detect buying signals that can ride on wave which can profits that can out at the right exit price with a confirmation trend.

One of the example, was the previous blog write-up when I was waiting for the data feeds in the afternoon, it was too late as the price I bought at $1.98 should be offloaded at $2.00 as if I have got the data analysis in advanced sell in bulk will happen in the late afternoon. So , really a lesson learnt from this.

Move on.....
This time, reality checked during the market end session. OBV on positive note..,Candlesticks showing a confirmation buy-if white opening marubozu.. One of the signal I got was Ezion Holdings. But of course all the oil related stocks, we are prompt to check on how the crude oil future price performed.

But this is very much in tandem move with PEC. Let's see with the US Financial Data Events if it is positive.

SOBAYOR,
Star-Trader

NOL, high buying volume seeping in the morning session...

NOL, another buying signal detected since early morning just now from the data feed I have got, this can prop higher to another level price but caution with profit in mind when you already bought NOL. High buying volume will have the uptrend movement intact if nothing major breakout news..

Check this out.

SOBAYOR,
Star-Trader

Mixed Signal and Profit taking or Accumulation for most of the stocks..

Hi All,

Down ended Red. I would see a mixed signal (hovering between negative or positive zone for STI) and profit taking for some of the stocks, but as mentioned in my previous post, PEC is still a play and if the price is gap up and down,I believe accumulation will still in the process to push to another price range.

And if it gaps further, we can look out for the selling price if you bought at the end of the session yesterday.

Check it out.

SOBAYOR,
Star-Trader

PEC Uptrend Signal and Movement Analysis Oil Related stock, Any latest news?

As promised, will analysis PEC Ltd , an oil related stock. This stock has always been in my mind and during this week, seems like it props an interest on the movement but too bad, due to technical error, I didn't managed to get the bulk data feeds last friday to check further the confirmation of the buying signal.

But what i can say is the last 1 1/2 hrs buying volumes has been high which gives me an insight that this stock will move higher although part of the bulk volumes has been disposed off.

I will send some technical points to my subscribers later at night when I have got the whole picture of the whole trend on PEC Ltd as well as the influence data from US Economics Data Events..

SOBAYOR,
Thanks,
Star-Trader

Noble Group technical analysis and Let's move on to PEC Technical Analysis

When the time I detected the signal in early morning just now to get in at $3.30 to ride on the mini Elliot Wave, it shot up to 3.37 and retreated back. I didn't manage to get at $3.30 on the queue, but if I got it, what will I do? IF I got it at $3.30 and definitely it will be a sell off at $3.35 which what happened to the early bulk of the volumes and sell off at the afternoon bulk of volumes.

And which based on the data feeds end of session today, Most of the huge volume has been disposed off which means is time to check out the exit price tomorrow!

Let's move on to another stock then, One of them will be PEC.

SOBAYOR,
Thanks,
Star-Trader

Noble Group looking strong..

As per the previous analysis, STI gap up.

HOLD ON if you are still holding Nobel Group but still look out for the price range at the end of the day if it retreats, is time to offload.

Capitaland, buying up on tandem in the early morning. Can look out if you are interested but this could be the day buy-in and sell-out by BBs..

Will post more later.

SOBAYOR,
Star-Trader

Lesson 3: How OBV attempts to measure accumulation and distribution of Volumes?

I will be posting soon this lesson to my subscribers on this lesson how OBV can measure the accumulation and distribution of Volumes that can give heads-up on the direction of the movement of a particular stock on downtrend/uptrend status.

Will be posting on the US Financial Events News as well.

Till now,
Star-Trader

Next week US Financial News Events and how will STI will perform?

I will be writing on the US Financial News Events very soon and how STI will perform next week but I had the problems on data feed again last friday..I am working hard to rectify this problem which has happened twice. Not able to get the Friday's data feeds for most of the stocks :( and my system won't be able to do anything on this.

Thus, won't be able to analysis the trend for some movement of the stocks but I will definitely look out for a right exit price to sell for Noble next week. This will come after Next Monday's end of session.

As for the US Financial News Events, I will only post it to my subscribers when you subscribe with my newsletters.. ( At the right hand corner)

Thanks,
Star-Trader

On Noble Group Again..Latest Analysis and Trend.

Noble Group, currently at $3.26. I will look at the end market session today to decide what is the exit price that should be the price to look for. If it is still an uptrend, will HOLD tight.

And Congrats to those that vested on Noble Group for the past 2 days.
Let's see after today's end market trading session.

Thanks,
Star-Trader

Noble Group, latest technical analysis research chart on price and volumes

After today's market ending session, data feeds that I got and observed will be another uptrend movement...
So, Noble Group, Looks like running for another run-up tomorrow which will gap further but it is also time to look for an exit price either tomorrow or next week.

Let's see.

SOBAYOR,
Star-Trader

Email that I sent out yesterday's night to my subscribers..and Congrats!

All,

As per the previous US Economics Data Events that I sent, today data release will be US ADP Employment Report.
Private Sector Jobs Data NOT in favour which ADP reported lost 20,000 jobs in February, but it is in line with expectations for this number...

Either expect a mixed signal or a opens lower for tomorrow but there will be some stocks that we can check out.. As mentioned in my blog, I will move on from Sinotel and Capitland to another stock as will wait for the buy signal again for Sinotel, I will write up on Noble Group.


Noble Group : $3.14
Today's end of market session candlesticks signal pointing to Black Spinning Top and Bullish Homing Pigeon. ( I will try to come out with the chart if possible in future) to show you what I meant by these 2 signals. Anyway, let's move on..


The 2 signals above are showing complete indecisiveness between the buyers and the sellers..But why i still suggest to look out on this? Because bulk buying are seeping in during the last 1 1/2 hours and I would believe that accumulation will continues tomorrow if market is downtrend.. But if STI doesn't affected, this will at least move up to another price range..


SOBAYOR,

Thanks,
Star-Trader
----------------------------------------------------------------------------

Congrats to those that offload today on your stocks and wait for the buying signal for your stocks and also congrats to those that bought Noble today if you really got it based on my tips above..

Anyway, I will try to send out tonight if after I got the data feed for today's market end session..

Thanks,
Star-Trader

Allgreen Properties, Sold at $1.17 and won't wait for Dividend.

Sold off today at $1.17 and will move on to another stock instead as it hits my target price.. Although you can still hold for this stock at the moment..

Thanks,
Star-Trader

As promised, will update what's next for Sinotel...

Today's end of session market candlesticks for Sinotel is Black Marubozu
Bearish Dark Cloud Cover which means that sellers controlled the price action after the 1st session of the market..
Have checked that the volume trending Volume Distribution Chart for today's end session doesn't look like a volume push..

Is a "WAIT" for me before re-enter again at the right price when I can confirm the direction again.. Let's move on to another stock then while this is a "WAIT" signal..

SOBAYOR,
Star-Trader

Sinotel offloaded at $0.50 and will see further volume consolidation after the market ends..

Sinotel latest market technical chart analysis..
-------------------------------------------------

Offloaded at $0.50 and will wait for the next signal although opened gap but there isn't any volumes pushing it.

Nevertheless, will still check the volumes at the end of the market session to check the volume trend again on when to re-enter to ride on the Elliot-Wave.

SOBAYOR,
Star-Trader

Sinotel, time to offload?

Observed a pattern form yesterday's live data feed of Volume Distribution Chart, looks like half of the big volumes has been disposed off. Thus, time to find the right entry price to dispose off and wait for the mini-Elliot wave? I believe so.

Nevertheless, I will still check after the end of the market trading session to get further confirmation on the volumes trend..

SOBAYOR,
star-trader

Sorry, Live example on the SGX Stock will be available to subscribers only..

Hi,

Would like to inform you all that for next lesson on live example will only be available to subscribers to my tips and strategies to trade in SGX Stock Market.This only will be fair to those that appreciate my tips by subscribing to my newsletter.

The previous statement last blog post:
"
This is it. All on theory but not pratical. I hope to show you the live example on of the SGX Stock soon on our next lesson but we will get into depth on your understanding on this before doing a live example."

Thanks,
Star-Trader