Advice on Technical Analysis on SGX Stocks, how to trade it with japanese candlesticks..and trade with other parameters to gauge the direction of a particular stock if it is uptrend or downtrend..Of course this is only my personal view with disclaimer on my website. "To check Disclaimer, it is on the left top of the website here"

Sunday, February 28, 2010

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

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