Global Properties Logistics Technical Analysis

GLP, Support level of 2.69 already broken.. This will drift further down with the next Support Level will be 2.52 after a good run up previously. Minus DI post to overcome Plus DI soon and this will also be another signal that breakdown will be coming soon for this stock. So, what it means is if tomorrow it can't pull back to close 2.69 or over 2.69, more downside for this stock will happen sooner or later if this condition met. Let's see. Star-Trader ADVERTISEMENT: How to invest in US Penny Stocks? Click Here!

What are the tools that I used in trading effectively?

Well, usually trading a stock is like having a proper plan to execute it so that we will minimize loss and ride on profit.. It is easy to say that done but these are very important in order to have success trades.

Well, below are the items that  I used in my trading and the very first is definitely the most important out of others as you should over come this first before you can do trading!

1) Emotions. Always stick to plan that you are executing and not being too emotion when things don't turn your way!

2) Fibonacci Retracement. Important levels to gauge support/resistance level as when it is bouncing back from the support or hitting resistance soon.

3) Trendlines. Trendlines another way to gauge support/resistance.

4) Trend Following. "Trend is your friend". I believe everyone has heard this many times, but it is really art to do this which to look for pullbacks within trend.

5) EMA 10days and 50days. This is another good gauge to pre-empt the movement of the stocks.

6) ADX. Another important tools to go with EMA 10days/50days to gauge the strength of movement of a stock.

7) Volume. How big/small volume together with japanese candlesticks can observe the way the stock will go.

8) Last, but not least.. Japanese Candlesticks.. With all the above applied on a chart, we will look out for this last one to complete how you want to trade a stock be it uptrend or downtrend.

Star-Trader

HK Land, the next resistance is 6.71

Well, HK Land closed with more than 1% uptrend yesterday but it won't last long if it hits 6.71 and didn't move up further from there.. Though plus DI is still more than minus DI that prompts the stock to be on the positive zone.

We will see how it performs today.

Star-Trader

SGX, Yangzijiang post for breakout..

Yangzijiang will look out for breakout in terms of uptrend signals. Will need to monitor next week if the bullish reversal can be formed next week.

As for SGX, it is getting nearer in forming the bullish reversal but if need to have the better  confirmation, next week will be the time..

Let's see..

Star-Trader

SGX Technical Analysis

SGX, have been hit with the downward spiral till today, the +DI is crossing -DI for the first time since 26 Sept 2012 onwards. With hugh volume supporting the price support, this will be signal that it will go back on uptrend again.

This is a very big hint that will be looking at SGX as an uptrend signal again..!

Let's see.

Star-Trader

Have been a while on posting SGX Stocks..

Let's get back to the stock trading again..Though will be away the whole next week, but will try to post some in these 3 days..

What are the stocks that will be in my radar?

DBS,SGX and PRCT will be in the uptrend radar.

Let's see.

Star-Trader

SGX, SPH or SIA?

SGX, should be able to bounce back over 7.00 again. SPH, resistance at 4.11. If this is broken, it may go higher.

SIA, if it drops further, will collect more to sell into uptrend wave again.

Let's see.

Star-Trader

It has been few weeks..

Wow, I have not been posting for few weeks.. A bit busy with my schedule but would be posting some charts today if there is any good stock that will put to my radar..

Stay tune..

Star-Trader

SIA, as expected, on uptrend today..

Within 2 days of my analysis on SIA, this stock has climbed 2%.
 The next uptrend will very much depend if the support base can be formed around 10.70 to 10.85, with this it will definitely cross the $11.00 mark again.

Today, nothing much in my radar but rather a waiting game for JBFood to go uptrend again as I believe there will be some brewing on JBFood soon..If it pulls back tomorrow, will be good chance to grab more on this and as usual sell into uptrend wave.

CordLife, as expected and it happened today..and SIA with CapMall Asia

CordLife, as per my previous blog on 29 Aug 2012, If it trades between the trading range 0.52 to 0.55 and sustain at the range, it will moves upward further.Today finally it closed at 0.58..
Hope you have profit from this!

For today analysis, I have put SIA and CapMall Asia in my radar.

Chart for SIA as below. The support base at 10.45 which I drawn on the blue line and check the 2 blue lines  trading range and also the 2 white candlesticks. SIA will definitely put in my radar. If it drops or pull back tomorrow, will be a good chance to grab and sell into uptrend wave.

As for CapMall Asia, we will need to observe if it can trade between 1.635 to 1.66, with that, it will have more upside as long as +DI stays above -DI.

Metro Holdings and JB Foods

As most of the stocks up last week due to QE3, we will see what's up next for tomorrow and the next few days.. Personally, I have put Metro Holdings and JB Foods in my radar..

Metro Holdings chart as below.. Notice the step up of white candlesticks and the increased volume with +DI crossing -DI for the beginning of the uptrend again..
Let's see.

As for JB Foods, I believe dividend plays apart in pushing the stock up again to the previous high and uptrend has shown on the chart as long as +DI intact above -DI, this will be an uptrend.

Till then,
Star-Trader

SGX, HKLand and Yanlord..

Let's see if these 3 stocks are on rebouncing again..

SGX , though -DI is below +DI and it closed with 3 black candlesticks, but it looks like a support base has been formed till the next dividend, where buying pressure exist whenever it goes lower than 6.90. Thus, if it drops further tomorrow, is time to grab more and sell into the uptrend wave..!
Check on the chart (yellow circle)

HKLand, the same pull back where buying pressure still exist. Yesterday's white candlestick side by side with the white spinning top indication of an continuous uptrend or rebouncing might be happening. Definitely a stock to watch again to climb over 6.00 again if tomorrow will be the time, let's see then.

Yanlord, depending on the +DI still maintain above -DI, then it will be more uptrend for this stock.

Till then,
Star-Trader

CSE Global, Hyflux or UE?

CSE Global , Hyflux or UE..boucing back..?

Singtel,Starhub,OCBC and Tiger Airways..

Rebounding patterns for these 4 stocks? Will discuss more on this..

Cordlife Technical Analysis Chart..

As mentioned in my previous blog, Cordlife if able to sustain on trading range between 0.52 to 0.55, it will have another uptrend.. Haxe circled below and also moving towards 0.57 as the price to look for as well as resistance price to break to move even higher after that. With good financial result report, this will be the stock in my radar again..Note also plus DI is still above minus DI which indicates more uptrend will persist.

Till then
Star-Trader

CordLife Technical Analysis Part 2

Cordlife, another brewing again?

Will write more soon..

Star-Trader

Ezion Holding Technical Analysis

With Ezra flying to another uptrend wave, Ezion will definitely follow suit. It has closed near to 52 week high and projecting to hit then next resistance of 1.15 as Oil Price Effect might let this stock to fly higher.
It also closed with Bullish Piercing Line White Candlestick and this already put under my radar.

Support Price will be 1.02. If this is well maintained, it will form a support base to go higher uptrend.
If it is broken, it will be go downside to form another support base.

Let's see.

Star-Trader

Hutchison Port Holding Trust Technical Analysis

Today, I am going to share on technical analysis for HPH Trust. HPH might have formed a support base.

Notice the 2 white candlesticks before yesterday's black spinning top. Black spinning top occurred where indecisiveness between the bullish and bearish sentiment still occur that prompts that this stock might have uptrend in mind soon if the volume well supported as well as +DI starting to turn towards upper base.

The blue line that I have drawn on the first chart below is a support price 0.68.

for the 2nd chart, it shown the trading range that have been trading in between the 2 blue lines, thus why I believe support base for this stock will prompt the stock to go higher again.

Let's see.

Star-Trader

Cordlife Group Technical Analysis

As mentioned below, will do some analysis on CordLife.

Cordlife Group, today it gained 2% even though STI is red which candlestick closed as white candlestick before previous Doji candlestick.Will it have more upside? This will based on the fact if the ADX can maintain above 20, we will see more upside for this. Volume increasing plus price uptrend will be a good sign for even more upside for CordLife.

Check the 2nd chart as well. The line drawn across the mini peak of 0.57 and 0.445. I would say the first resistance at 0.525/0.53 as if tomorrow it can hit and stays stable with trading range in between 0.525 to 0.55, more upside will be seen for CordLife.

Let's see.

Star-Trader

CordLife , Raffles MG next..

What's brewing on these 2 stocks..?

Would write more soon..

Star-Trader

Know your plan and plan the trade

Well, it has been long that I have not share some of my sharing on the non technical analysis side as it is also part of the stock trading mechanism when it is not deployed , it is as good as losing a trade.

One scenario is..

 When individual investors always look at the price of the stock and say " this is so low, I believe it will go up and rebound.." then press buy button... but in the end, it actually drops even more.. and move downtrend or sideway..

Why? Because without knowing the plan, do not trade. The scenario above will happen when we don't check the chart before hand and straight dive into making decision.

Thus, "Know your plan and plan the trade" is very important in order not to make wrong decision on trading the stock. Even now, if you have done so, exit,learn and check the technical analysis first before diving to the next stock.

Till then,
Star-Trader

Ezra Holding Technical Analysis 2

Continue with Ezra, but this time is Technical Analysis 2, why? Because if you checked my previous post on 2 Aug 2012, That was the first signal that I observed for an uptrend.

Now, Ezra closed with black spinning top today. which decision between the bullish and bearish confirmation still not established yet for another uptrend. The only positive confirmation for more uptrend will be +DI crossed over -DI.

This stock has been in my radar since my last blog post below. Since then, It has climbed more than 5% before settled at 1.045.

We will see again tomorrow's candlestick and if this stock will be in my radar for more uptrend.

Till then,
Star-Trader

Yanlord and Ezra..

Let's see if something is brewing on these 2 stocks.. Will post more on this soon..

Star-Trader

Accumulation and Distribution Line

Though candlesticks are my main ingredient to trade a stock as everyone can observe from the pattern, other parameters are like side dish to do a better confirmation or to preempt what are the status like for that particular stock.

So today, I am going to explain on Accumulation and Distribution Line. What is this parameter about?
This is volume-based indicator to measure the cumulative flow of money out of a stock.

The relationship is closed to the HIGH-LOW range price of the day of a particular stock and based on the volume to check where is the stock heading to.

Example, we will take Capitaland High on 3.07 and Low of 2.97 based on yesterday's close of 2.99.

Thus,

HIGH - 3.07

CLOSE - 2.99

LOW - 2.97

So 2.97 is being categorized as (-1.00) to 3.07 categorized as (+1.00) .
2.99 is (-0.80)

2.97 ----------------------------------------------------------> 3.07
-1.00                                    0                                       +1.00
                                       (half, 3.02)

And now, the close is at 2.99. It is near to lower negative (-1.00)  thus 2.99 (-0.80) x Volume to form the Accumulation and Distribution Line. 

The multiplier is POSITIVE when the close is in the upper half of the HIGH-LOW range , and NEGATIVE when in the lower half. FOR This case, lower half is from 2.97 to 3.02. Upper half is from 3.02 to 3.07.

Buying pressure is strong than selling pressure when it close in the upper half , for example and vice versa.

So the line rises when the multiplier is positive and falls when the multiplier is negative.

Now, does this means that it is indication of buying/selling pressure? Not exactly..As one's got to look at the candlesticks pattern as well as in are they closing lower and lower? higher or higher..

It is a combination of more than one parameter , Accumulation and Distribution Line can't standalone.

Happy Weekend..

Star-Trader

Posted more analysis to my subscribers..

Just posted Live Trading Example using YZJ as the subject for better understanding of how candlesticks will be helpful on trading a stock.

Star-Trader

Just posted my sharing to my subscribers..

Have just posted candlesticks analysis using live example YZJ to my subscribers..

Why other parameters are important as well besides candlesticks? Will explain more next..
Stay tune..

Star-Trader

Early morning thoughts..

Early morning today, I have decided that learning through using live example will be much useful to my subscribers..This is a feedback I got which I found should be interesting as well for me to do sharing through this method.. :)
So starting today, the first stock I will use is Yangzijiang since my last post was about this.

Star-Trader

Yangzijiang Technical Analysis Part 2:

Today, Yangzijiang reported profit.
Check out the result release below..
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_26B47866A166512348257A5300588F94/$file/PPT_2Q2012.pdf?openelement

But yet, market direction which I mentioned below still playing the part although I would say interest already formed for this stock after such consistence result delivered for this shipbuilding company.

So, what's the fuss about this..? If you like to re-enter Yangzijiang, the signal still WAIT, as today's close still form the black closing marubozu. For this stock, it is still waiting for a white candlestick and then we would re-visit again at that point in time..

I did also put during my analysis that 0.975 might be a good price to enter..This is provided that no panic sellers, so I guess we would see on Friday..

Star-Trader

Yangzijiang Technical Analysis

Yangzijiang, today closed as black spinning top. Indecisive between uptrend/downtrend still exist but what keeps this stock in my radar is RSI 30% and also the valuation of it on the support price of 0.91. Now is just to wait for +DI to be more than -DI will even more confirmation on the uptrend. As I will be much happier if I can lock in at 0.975, it can also dip down temporary if it is influenced by the market global news that can cause the price to dip down. Thus if the price and volume can stay between 0.93 to 0.97, then will be more indication of uptrend. Stop loss if it goes beyond 0.91.

If tomorrow's candlestick and volume showing sign, it could be time to lock in and reap some profit.

Star-Trader

Cosco Corp Technical Analysis

Cosco Corp, next stock in my radar.. The white marubozu candlestick that covered the previous black candlestick formed a bullish sentiment on this stock. Bullish divergence might be happening based on the Accumulation/Distribution line and also check the support and resistance level for this stock.. The support level I would think is 0.950 and 1.03 and 1.065 as the next pit stop to move further ahead.. If it can go through over 50 days moving average price and stays well above that price, this will be a good indication for more uptrend.

Star-Trader

Trading a stock is like nurturing a plant..It takes days before showing results..

Well, remember, trading a stock is like nurturing a plant so it can be days before you can see the result.

1) When entering a stock, remember that though technical analysis that you have done showing uptrend, it could take few days before it can show results.
2) The stock can turn reversal to your analysis if outside market factors has more influence on this stock but always remember to plan well before entering a stock.
a) Have an exit plan
b) Why you enter the stock?
c) How would you see the stock in xx days ?
d) If it turns against you, what will do you?
e) How much you intend to buy and holding power?
f) Do you ready to do spreading with averaging down, if not , what is the reason? if yes, what is the reason and averaging price that you will enter?

3) Do not chase a stock as you will be caught off-guard by this.. (Though sometimes you may be riding the right wave and exited well) But if you think the stock can still be on uptrend, study it and know why it is active stock and do entry and exit plan.

4) Do not let emotional goes against you whether sell too early and the stock keeps on climbing but rather study why you exited earlier (Do a post-mortem on it) and you will be well guard in the next stock trading.

Till then,
Star-Trader

CapMall Asia, if you have entered, is time..Ezra's Technical Analysis..

Well, previously did put an analysis on CapMall Asia. If you have entered, that's great and time to look for exit to reap profits..If not, I still believe that will be a mini wave profit as the buying pressure still exist, just make sure you know when to exit..that's all..

Next, as promised on Ezra.. moving on to this stock..White spinning top candlestick occurred yesterday that still cause the bullish and bearish signal happening together though volumes should be great enough to push this stock higher.. Let's see.

Star-Trader

Ezra Holdings Technical Analysis

Ezra, next in my radar..Will post more soon..

Till then,
Star-Trader

Biosensors Today's financial result and technical analysis

Biosensors 1Q13 Net Profit +45% At US$32.6 Mln which means that this stock fundamental is really something that to look for.. Though RSI moving towards 70% and the previous black candlesticks which mean sell-if signals might be confirmed, it has managed to climb back based on today's closing white marubozu candlestick and It has move over 50 day moving average..Indication of tomorrow's market direction be enough to verify for this.

Star-Trader

CapMall Asia Technical Analysis

Capmall Asia today closed with another white candlesticks with increased volume. That indicates that the buying pressure is still there and have moved across the moving average price of 50days, 100days and 200days.. Is this indication of more uptrend to come? Let's see..

Star-Trader

SGX Technical Analysis

Today, SGX closed with Opening white marubozu. It opened at 6.53 and pushed all the way up to 6.69. With dividend coming, this might be a look out though the signal now is in the midst of confirmation but any pull back, I might consider locking in and also depends on the next few days candlesticks with volumes to determine my next move on this.

Star-Trader

Keppel Corporation Technical Analysis

Today, Keppel Corp closed with White Marubozu and Bullish Engulfing candlesticks which indicates a buy-if signal. Thus, this has been put under my radar. Though RSI is quite high, but with volume increased for the last few days, I would still put this into consideration if the signal shown for the next uptrend.

Star-Trader

Keppel Corporation

KepCorp, next in my radar..

Star-Trader

Sembcorp Marine Technical Analysis: Part 2

Will continue to explain on today's analysis for Sembcorp Marine..
Today, it closed on Bearish Engulfing Candlestick. It marks a potential change but reliability is low as few days confirmation is still needed to confirm this.

Why i put the stock in radar yesterday? Because it shown sign of uptrend (white top spinning candlestick with increased volume though confirmation is still needed. Indicator trend showing oversold though this is not the buying signal confirmation as I explain previously what is the difference between Trend and Signal.

This time round I have drawn on 3 lines as well.. First line - High Resistance , 2nd line - Low Resistance
3rd Line - Support Level.

This stock is still in my radar and if you want to do averaging down, please know your holding power and also observe the 3 lines below.

Star-Trader

Singapore Press Holdings Technical Analysis

Supposed to post yesterday on SPH together with Sembcorp Marine (which I posted yesterday) as buying signal confirmed on the 3 days white candlesticks with today another long white candlesticks. It is a 'hold' for this stock if you have bought today in the morning but remember to exercise prudent profit when you want to exit your position in SPH.

Star-Trader

Sembawang Marine SGX Technical Analysis

SembMar today closed as white spinning top after previous day's Doji indicated that buying pressure is on and RSI is at 30%..Highlighted blue on the chart itself. Definitely a stock to watch. Let's see. 

Star-Trader

Tomorrow crucial's candlesticks for Wilmar

Tomorrow, will be crucial if I would like to cut lose or if there is any reversal on Wilmar which I bought 2 days back , by having a white candlesticks to cover the top spinning black candlesticks the previous days.
As for now, is a wait and see for this stock.

Will provide insight next on a stock that is on my radar, SembMar, coming up soon.

Star-Trader

Capitaland Technical Analysis for today..

First of all, posted my purchase of Capitaland below which I started the thread at 10:01am after observing this stock and got in at 2.90. (Click the link below for more information and scroll to 10:01am, by me..)

http://www.sharejunction.com/sharejunction/listMessage.htm?topicId=7883&msgbdName=Capitaland&topicTitle=Capitaland

Thereafter, market didn't go up and one of the forumers of sharejunction mentioned that it could consolidate lower. He might not wrong in the sense but I observed something on Capitaland and assurance that will accumulate more if it drops to 2.85. Today, it closed with long white candlesticks. (Please see the blue colour that I highlighted below chart). The volume is building up with white long candlestick formed the pattern on uptrend again which today's candlestick body covered the previous day.

Anyway, I got in at 2.90. Whether to dispose off or to keep, it will depends on tomorrow's volume and the candlestick again. Let's see. Meanwhile, I will prepare a lesson on "Spreading" that I promised to my subscribers.. Stay tune..

Star-Trader

Wilmar International Technical Analysis

Today, Wilmar ended with Doji after few days of black candlesticks with Wilmar currently is on oversold region and can be some sign of mini-wave uptrend again if I observed correctly the candlesticks patterns.

Personally, I have got in at 3.58 today but must be willing to hold and cut loss if the trend doesn't goes the way that what it suppose to be..This is crucial to exercise caution when the trend doesn't go the way it should be and I never keep a stock for long term (except CapitaMall)..

This will be differ if I am trading blue chips. Will explain more next as what I mentioned previously, every stocks has different character and you got to trade differently.

Do exercise profits as well, I intend to lock out from Wilmar if the price is good and earn a little profit from it.. which is of course above 3.60.. :)

Till then,
Star-Trader

Wilmar, next..

Will be doing Wilmar's analysis soon.. stay tune..

Economic Data pulled down the market again..what's next?

Market News once again pulled down the STI and retract temporary for most of the stocks. As usual, stock market influences by market news and move sideline but does this offers oppurtunity to lock in?

How's one should react to the market when this happens? I will post this in my next lesson to my subscribers soon.. Lesson 13..

Star-Trader

Why buying stocks are like picking good fresh vegetables at the market?

As promised, I would like to talk about how you would trade a stock.. this is something I would like to re-affirm again..For those that have been following my blogs for quite sometime, I would always say this.. Pick a stock that is fundamentally good before you do any technical analysis on it..
Well, if you don't know how to read the financial reports, no worries..just make sure that on financial yearly basis, the stocks that you want to trade are making profits or so and have a good business sense that you think will be sustainable throughout the years.

What I consider on those stocks that don't fall into the categories above? I would say from my opionin, it as merely speculative trading which I admitted I did do that long long time back when I first traded the stocks..It could be based on "someone's" tips, friends' influence, stock brokers call, etc etc..

Hope this will give you more insight on how you would like to trade a stock..

Till then,
Star-Trader

Fundamental analysis vs technical analysis

Before we move on to another stock analysis, on and off will try to explain some other important elements.. Stay put..

Wilmar's Gap, what I mean by this?

During my last post, I mentioned about Wilmar gap open at 3.58. I have people asking me what I meant by that. You have also notice some stock forums, some contributed did mention about gap. But different people has different way of interpreting.

Let me explain here. From my own interpretation of meaning "gap", when it opens at certain price at a higher level then the previous closing price, it means that there are high volume pre-trading that willing to lock in at a high price in order to anticipate the stock will hit higher.

Certainly, Wilmar did go as high as 3.72 the next following day, and we will see a different pattern there after. Why did I say that? Because BBs that locked in during probable price of 3.58 on the gap, or price like 3.59,3.60,3.62 with high volume could have probably locked in some profit during the rally to 3.72.

Yesterday it closed at 3.58. So is that means that it is good to buy again to ride on the mini wave? That we will see again next week. So, from here.. I would also like to say that stocks characteristics are different from one another day even during the trading time to spot the signals.

Star-Trader

Noble at lowest point with ADX showing some trend..

Noble is very much similar to Wilmar with 2 mini peaks trying to breakthrough but unable to and believe it has already out from the selling zone.. ADX is about to show some sign on the trading range, 20 to 40 range..which uptrend soon persist soon. So, definitely a look out for this. 0-3months, out with a minor profits. Cut loss at 1.00 or trend below this price support.

Star-Trader

Subscribe to my newsletter..with ADX(Average Directional Index) in mind..

Hi, before I post Noble Group Technical Analysis, I will be sending out Lesson 12: ADX (Average Directional Index) which will use Noble Group as the real life example..

Meanwhile, stay put and relax..more to come..!

Star-Trader

Noble Group..next target? and JBFood IPO, someone asking me to give a view..

Would be posting the analysis on Noble Group soon as well as JB Foods IPO if I have some time on doing a much thorough fundamental analysis which I am still learning. Till then, let me post technical analysis for Noble Group soon, pretty soon..
P/S: Hope you made a little money with Wilmar during the mini wave if you managed to sell off today too. If not, 0-3months still applicable with the Cut-loss price of 3.45 which a price level support that indicate more downside moving towards below 3.45.

Star-Trader

Wilmar International

Willmar opened with 3.58 with a gap today and looks for the support price of 3.60. The mini-wave of the 2 peaks Jun 16 to July 13 has indication that it is looking for uptrend if the support is well maintained.. Looking at 0-3months. Cut-loss price 3.45.

Let's see.

Star-Trader

So, now I am back with analysis..what's next?

These are some to-do lists.. - I will be back to share my thoughts at sharejunction.com. - I will be sharing technical charts at the blog here instead. - I might be sharing fundamental analysis of the stocks as well. - I am only doing SGX Stocks analysis, if you want US Stocks, this is not the place. - I will only be concentrating here and won't setup another site to cater for technical analysis or so. - If more, I will put it down here.. Happy Trading! Regards, Star-Trader