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"

Friday, May 21, 2010

Market still sideway but reload more on PEC

Got in more on PEC @0.725 last minute buy-in though I mentioned that the market is still sideway. But due to Swiber's uptrend and other oil related stocks rebounded from the lowest, I am betting on PEC to rebound next week as it came from 0.705 to touch 0.735 before ended at 0.725. Though Volume is still low, accumulation could be on the price range again. Let's see. But will check more on the chart tonight and also other oil related stocks Chart especially on Swiber.

Thanks,
Star-Trader

No comments:

Post a Comment