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"

Tuesday, March 2, 2010

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

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