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, July 18, 2012

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

4 comments:

  1. Good day to you! From your experience, which are the best, accurate indicators we should look at? Tks for sharing.

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    Replies
    1. Look at the RSI and ADX for trend setting..Looks at the candlesticks for BUY/SELL Signals. Look at the OBV for volumes trend. Volumes is very much part of the stock trading.

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  2. Hi

    I am so glad I found your site!

    Please do elaborate more about Noble as I had bought it at a higher price a few months ago.

    Is there hope that the price can go back up to 1.40 to 1.60?

    Thanks.

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  3. I can't tell on the long term pricing because I don't hold a stock for long unless it gives good dividend and it is fundamental strong like blue chips..And I always believe in supply and demand during that particular time..

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