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"
Saturday, November 30, 2013
SGX Analysis - Part 1
SGX has been accumulated for the past few days and seems that the +DI is pointing towards -DI since the last trade.There is bulls and bears fighting each other in order to observe the who will win in the tug but I believe the bulls will prevail.
Considering entering 2 Lots at 7.20 as entry price and exit price will be 7.32. This will also depends on how the uptrend signals will prevail if to keep further for more uptrend.
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