Sinotel Next week's movement..How will it turns out to be?

I was being asked by one of the investors, if he should hold on to the price he bought few days back at 0.465. It has just past the 200MA's price and I didn't managed to check the data feeds last friday from Sinotel's Distribution Volume due to some technical issues. But I would foresee a hold at least for the next few days as White Marubozu confirming a hold instead of sell and it will be good to confirm which price to dispose off next week if it hit the price range..Will post more when got the live data feeds after the end of the session tomorrow.

SOBAYOR,

star-trader

Upcoming US Events and how will SGX Market goes?

Consolidating the information soon and will post to those that subscribe to my Email List on the upcoming US Market Events and how will the market direction goes for SGX Market.

Thanks,
Happy Weekend
Star-Trader

On Balanced Volume : Part 1:

Well, I have decided that to share some of the tips here but for those subscribe with me will be definitely more that I am writing in my blog..Thanks for those that appreciate my tips and knowledge given till now.


On Balanced Volume..Part 1: What is Volume and why it is so important?

1) What is Volume?
As everyone knows, volume is the number of shares traded during a time period which is created when there are buy and sell activity happens on a particular stock.
All the investors,traders be it novice or expert know this. But how important is Volume? Volume gives the overall picture of the supply and demand for stocks that being traded. So how exactly important is volume? It is definitely one of the most important indicators to trade a stock! Remember that even a single share can move a stock so you will know the reason know-how on looking at volumes is part of the successful trade.

2) So How we determine the volumes is trading against you or with you?
As you can see, Volume can be a significant element to determine your trades. You must be thinking how good if you know that with volumes, you can actually tell how far the stock will go. This is where On Balanced Volume come in.. There are many methods to check how the volumes can affect a stock.. but this is basically one of them that can see the momentum if the stocks going to be pushed higher or lower for the next wave.

3) How do the price being pushed up or down with volumes?
Remember, when you are trading a stock, everything is determined by volumes. Every time after the end of the market closing session, we will only see the total volumes but exactly what is happening on the volumes? Are traders buying in bulks to push the stock up or selling when they have accumulated enough ? This is where this little important information which is hidden can be a help to us whether we should place a position on a particular stock.

Which means....Part 2: On Balanced Volume Explained will be released very soon..

Till now,
Star-Trader

Lesson 2: On Balance Volume will be out soon...

Sorry guys, someone has been asking me on the lesson 2: On Balance Volume. I will be posting to your email address very soon. I will be posting an example on one of the SGX stocks too to explain clearly on this how it can be influenced..But this signal can be detected only on certain period which can be seen clearly the direction movement of the stocks if it is uptrend or downtrend.

For those wants to learn more on this, please submit through the right side corner form your name and email address.

Thanks,
Star-Trader

Still on Capitaland...

Interesting fact on Capitaland is the accumulation done again last friday by BBs to rid on the mini-Elliot Wave.. Although I didn't manage to get the data feed for last fri Volume Distribution Chart, I managed to observe the run-up. I will discuss more on the topic of riding on Elliot-Wave when I completed my tutorials on Volumes currently.

SOBAYOR,

Star-Trader

Capitaland, Buy-Up Distribution Volume dry up..Have re-enter for CapitaMall instead

Have checked just that after the market session ending the Buy-Up has not been positive from the Volume Distribution Chart, but I looked at CapitaMall again, have re-enter my position again at $1.74.

SOBAYOR,
Star-Trader

Capitaland Current Price stands at $3.75.

Time to re-enter? Yesterday's Sell-Down and Buy Up were equal for the volume distribution but can ride on this one for small ride on the mini-Elliot wave if today's volume distribution Buy-Up Accumulation is there.

Looks good to re-position this stock at $3.74 if the buy-up accumulation is shown and the unemployment data as well as Good Produce Percentage is good in US.
Let's see.


SOBAYOR,
star-trader

US Home Sales data bad, Capitaland is down to 3.76 now..

US Home Sales data is negative.. Well, This has pushed most of the stocks down including Capitaland. But how did you materialised on the wave for the past days..?

I didn't buy but I got my friend to buy at $3.77 and sold at $3.81 to ride on the
mini-Elliot Wave. Will this history repeats itself?

Will post more soon.

rgds,
star-trader

Sinotel, latest news on the price movement and technical analysis on the stock

Before my journey back home, I will like to congrats those that bought Sinotel at 0.465 today which believe in my analysis just last week only. Can check the thread at http://www.sharejunction.com/sharejunction/listMessage.htm?topicId=7816&msgbdName=Sinotel or at my blog itself on the call to buy dip for the uptrend move..

I have no time to analyse the lock-in price for this as I have quite a number of study to do for my own on the stock analysis...but for those that bought, please practice money management and do not get greed into you and patience when opportunity will come for you..

rgds,
Star-trader

Capital Mall, today's analysis trend on the stock chart..

Today, I managed to offload at $1.78 as per my blog below which I queued since late morning just now. I queued to buy at $1.75 x 15lots as with the indicators on my previous blog entry on this, there is a buying dip - meaning buy on maintaining the price symptom, thus I went at $1.75 today. Which means that I am still holding on to 1.79 x 15lots which I bought earlier.

Today price is 1.77 which I have not analysed what is today's market session ending chart will be ? I will do it later after my dinner when I am back home... but definitely a holding on to the 1.79 price to lock in profits when it goes up to 1.80-185 range.

Stay tune.

rgds,
star-trader

As I am holding some portion of CapitaMall, is time to queue at SGD1.78

Bought at 1.75 today as per below blog, Am sure this will be cleared for today to ride on the mini-wave at SGD1.78. Let's see.. :)

rgds,
star-trader

Re-enter my position at SGD1.75 for CapitaMall

As per my previous post, I have got CapitaMall at SGD1.79. As there are "a lot of noises" from the global news, this is under accumulation to push for another uptrend. As mentioned before, US Event of Home Sales not good thus affecting SGX as well..From my opinion..Thus has got more for myself at SGD1.75 with average down but also set my target price within..

SOBAYOR,
star-trader

With UOL having a good financial result on the latest financial news, Capitaland uptrend will continue..

Capitaland ended 3.82 today. With UOL having a good financial result on the latest financial result, Capitaland uptrend will at least continue tomorrow unless there is big market condition news that will push down the market tomorrow including Capitaland.

If nothing big deal on the market news, it will be prepared to go higher with white closing marubozu at the end of the trades and volume distribution of more than 100k during the closing end of the market.

SOBAYOR,

star-trader

Capmall Asia, any latest news that prop the share price today?

CapMall Asia, was once an IPO price 2.12 but currently trading at 2.25. Will I be looking at this uptrend? Looks a good bet when there is upward gap which means it will trend further.

Let's see but is definitely a lookout.

SOBAYOR,
star-trader

Always remember not to chase a stock..

One thing to remember, do not chase a stock even if it is trending higher.. Unless you have done your homework that you can reach your targeted price.

Make sure you have a target price to sell and not to wait to hope it can go higher. Remember Newton's Law.. What goes up will come down and vice versa...

But remember too, this is not applicable to any stocks as some stocks might be a "rotten stocks" without any good fundamental and you will be stucked there forever on a the most bottom price when nobody wants to buy the stock.

Remember it this way, you must always hold something that is worth buying and not high risk by hearsay the stock will post to boom. Always find facts why you think the stock is a good buy and what are the weaknesses for a particular stock.

For more tips, check out my newsletter which I am sharing trading tips on the right side.

Thanks,
star-trader

Apart from Candlesticks, why Volume is part of the influence on the price movement..

Today, I am going to explain a brief introduction on volume. Why Volumes play a significant role on the detection of the price movement? Well, apart from candlesticks, volume can say a lot of things on whether the stocks are having bearish or bullish momentum in it...

I will discuss more on why On Balance Volume is important factor to determine the price movement, exit and entry of the stock price.. I will also quote an example on one of the SGX stock so you can see the real time of how it influence the direction.

I am creating a newsletter to provide more information on this when you submit your email address as on the right side of this blog. The reason why I am creating this newsletter stock market tips is to get people who appreciate my tips and I will share it with them.

rgds,
star-trader

US Next week Events

How the events can influence the market ?

Monday: Fed's Yellen; Dallas Fed Manufacturing
Tuesday: S&P Case Shiller index; Fed's Bullard
Wednesday: Jan New Home Sales; Fed's Bernanke and Treasury's Geithner to testify before Congress
Thursday: Jan Durable goods; Fed's Pianalto, Bullard, and Bernanke
Friday: Chicago PMI, Jan Existing home sales; Fed's Tarullo, Evans, and Kocherlakota

And also which stocks to go in?

Capital Mall , is it poised for new high with any latest news?

Have been following Capital Mall for the past few days too and have entered my position at 1.79 for 15lots. What did I see in Capital Mall on the chart wise? Will I hold further if it drops? Yes, I will as it is showing a white spinning top with heavy volumes as well. I posted a buying signal for Sinotel but didnt buy it as i mentioned some global news might influence the way Sinotel chart will perform. So, I didn't collect it but I collected Capital Mall instead at SGD1.79. Intend to get out at at least 1.82 - 1.84 for the next mini-Elliot wave.

SOBAYOR,

star-trader

Market has been damped by the Economic Data from US

Why sometimes when the stock is poise to go up but it is still go down and BBs to collect more from the retail investors?

I always check upon the market news before making any moves to buy any stocks even though the candlesticks detected bullish intraday for that particular day..

This is how BB power come into picture to control the whole market stock movement and retail investors defeated by the way the stock is play..

But today's new still not dampening AllGreen Prop which I am still holding at SGD1.12.
Intend to let go next week when the price is right. Will post more here.

Genting, any latest news that make it drops so much?

Genting, do you think it is the right time to enter?

Personally, I will still wait till the time is ripe as Black Marubozu happened last 2days with huge volume , selling pressure was there but definitely will get in again when the time is right.. Current price stands at 0.95. I believe past few days has wiped out those contra players who can't hold the stocks well...

Let's see what happens next to Genting which has been the top volume for the past few days.. Definitely a BB play.

SOBAYOR,

star-trader

Let's see if Sinotel latest news can make it a big wave for the next couple of days..

Sinotel, Looking good entry to buy but I am still waiting for the push on volumes which is very significant now..

Let's see if 0.48 is a good entry price to go in..

SOBAYOR,
rgds,
star-trader

Sinotel, is it confirming the buy signal?

Have been following Sinotel for the past few days.. Is the buy confirm signal based on the japanese candlestick valid for Sinotel?

Yesterday at night.. I could not sleep, thus did an analysis on Sinotel. The volume is building with White Opening Marobozu is gaping the price..

Will it move further ahead? Let's see. But I believe with good market news..this will be a stock to watch..

SOBAYOR,
rgds,
star-trader

AllGreen Properties , Any way to prop higher before end of Feb?

Since I have time today, I did another research on AllGreen Properties to see what will be the latest movement of prices based on charts that I have observed. Any latest news for Allgreen? That I am not sure.

But from the chart, it is really having 2 types of "patterns" developed. One is Umbrella and the other one is Bearish Dragonfly Doji.

Umbrella show that The long lower shadow shows the evidence for buying pressure.
But bearish Dragonfly Doji showing potential reversal trend. Bearish Dragonfly Doji is not a strong signal, thus my buying price at SGD1.12 previously still hold firm till the next cycle. I am projecting it to hit SGD1.20 and we will see what happens next then.

Black Marubozu... Buying more on Sinotel?

I am still researching on Sinotel. What interest me is that there are still potential buying pressure on this stock.

Currently when I am writing this blog on Sinotel, the price is hovering around 0.485 to 0.49.

I have noticed yesterday's daily chart was Black Marubozu, meaning sellers are controlling the price but the buy alert is still valid.

The pattern is not rejected yet since it is not a long black candlestick.
Patience is being tested.

SOBAYOR,
Star Trader

China Market Outlook tomorrow to push up China Stock related shares..

Today, Sinotel and Oceanus, the abalone king posted a positive uptrend but will this continue tomorrow? we will got to base on China Market News tomorrow.. Let's see..
but the Sinotel targeted price range should be there at the moment...

Latest News: Sinotel Wins Maintenance Contract from China Telecom

Well, latest update news from Sinotel Technologies, winning a maintenance contract from China Telecom.

Will this have impact on Sinotel Technical Analysis share price which currently stands at 0.485?

When I check entire graph on the stock price movement for Sinotel, it is forming a double V-formation since 18 Sept 2009. I would say the short-term play on this stock will be at 0.540 - 0.555, from there on we will see what is the strategy Technical Analysis for Sinotel..

Anyway, for today's candlesticks on Sinotel, it has formed a signal on White Opening Marubozu
Bullish Harami, meaning it will depends on if the market opens with a gap, this stock will be pushed further to 0.54 - 0.555 range.

As usual , SOBAYOR,

Star-Trader

Star Trader will be back soon with more investment advices!!

Sorry guys for all the break that I have taken!! 4 months..yes 4 months.. :)
No worries I will be back soon as I have completed my projects, I will be focusing more in writing any advice I have on investing..

I am setting up an investment website too but still will be writing daily blogs. So stay tune! Star Trader is back!!

Thanks..
Star-trader