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
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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
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"
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