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

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

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