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, April 20, 2010

Dow Gap up, STI too, what's next in placed?

I have some time to observe the market currently, STI stands at +18 points.

I noticed Z-Obee as one of the potential run-up but for a quick ride on the uptrend wave. At 0.57/0575 now but if late session of the trading today can see more upside volumes, this will be a buy call.
Still looking for a clear direction on Ezion though it gap up but let's see if Ezion at this channel for further upside.
As for Capitaland, the signal is going clearer for an uptrend at least for a short run if the volume push-up is there.If not it will be going towards downtrend for at least in short term.

Will post more on the 2 stocks soon.

Star-Trader

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