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"

Wednesday, April 7, 2010

Cosco Technical Analysis and breakout channel with volume charts and YongNam won order contract

Cosco has been in breakout channel with hugh volume sweeping in and out at the range of 1.40 to 1.45 and still going strong at 1.46 now.

IF I would like to enter now, it will be riding on a short mini-Ewave. But I will rather stay put with YongNam which is on accumulation to run on uptrend wave in short-term basis ya. The latest news on YongNam is they won order contract by clinches fifth contract for Marina Coastal Expressway‎.

SOBAYOR,
Thanks,
Star-Trader

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