Have been following Capital Mall for the past few days too and have entered my position at 1.79 for 15lots. What did I see in Capital Mall on the chart wise? Will I hold further if it drops? Yes, I will as it is showing a white spinning top with heavy volumes as well. I posted a buying signal for Sinotel but didnt buy it as i mentioned some global news might influence the way Sinotel chart will perform. So, I didn't collect it but I collected Capital Mall instead at SGD1.79. Intend to get out at at least 1.82 - 1.84 for the next mini-Elliot wave.
SOBAYOR,
star-trader
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, February 19, 2010
Market has been damped by the Economic Data from US
Why sometimes when the stock is poise to go up but it is still go down and BBs to collect more from the retail investors?
I always check upon the market news before making any moves to buy any stocks even though the candlesticks detected bullish intraday for that particular day..
This is how BB power come into picture to control the whole market stock movement and retail investors defeated by the way the stock is play..
But today's new still not dampening AllGreen Prop which I am still holding at SGD1.12.
Intend to let go next week when the price is right. Will post more here.
I always check upon the market news before making any moves to buy any stocks even though the candlesticks detected bullish intraday for that particular day..
This is how BB power come into picture to control the whole market stock movement and retail investors defeated by the way the stock is play..
But today's new still not dampening AllGreen Prop which I am still holding at SGD1.12.
Intend to let go next week when the price is right. Will post more here.
Thursday, February 18, 2010
Genting, any latest news that make it drops so much?
Genting, do you think it is the right time to enter?
Personally, I will still wait till the time is ripe as Black Marubozu happened last 2days with huge volume , selling pressure was there but definitely will get in again when the time is right.. Current price stands at 0.95. I believe past few days has wiped out those contra players who can't hold the stocks well...
Let's see what happens next to Genting which has been the top volume for the past few days.. Definitely a BB play.
SOBAYOR,
star-trader
Personally, I will still wait till the time is ripe as Black Marubozu happened last 2days with huge volume , selling pressure was there but definitely will get in again when the time is right.. Current price stands at 0.95. I believe past few days has wiped out those contra players who can't hold the stocks well...
Let's see what happens next to Genting which has been the top volume for the past few days.. Definitely a BB play.
SOBAYOR,
star-trader
Let's see if Sinotel latest news can make it a big wave for the next couple of days..
Sinotel, Looking good entry to buy but I am still waiting for the push on volumes which is very significant now..
Let's see if 0.48 is a good entry price to go in..
SOBAYOR,
rgds,
star-trader
Let's see if 0.48 is a good entry price to go in..
SOBAYOR,
rgds,
star-trader
Sinotel, is it confirming the buy signal?
Have been following Sinotel for the past few days.. Is the buy confirm signal based on the japanese candlestick valid for Sinotel?
Yesterday at night.. I could not sleep, thus did an analysis on Sinotel. The volume is building with White Opening Marobozu is gaping the price..
Will it move further ahead? Let's see. But I believe with good market news..this will be a stock to watch..
SOBAYOR,
rgds,
star-trader
Yesterday at night.. I could not sleep, thus did an analysis on Sinotel. The volume is building with White Opening Marobozu is gaping the price..
Will it move further ahead? Let's see. But I believe with good market news..this will be a stock to watch..
SOBAYOR,
rgds,
star-trader
Wednesday, February 17, 2010
AllGreen Properties , Any way to prop higher before end of Feb?
Since I have time today, I did another research on AllGreen Properties to see what will be the latest movement of prices based on charts that I have observed. Any latest news for Allgreen? That I am not sure.
But from the chart, it is really having 2 types of "patterns" developed. One is Umbrella and the other one is Bearish Dragonfly Doji.
Umbrella show that The long lower shadow shows the evidence for buying pressure.
But bearish Dragonfly Doji showing potential reversal trend. Bearish Dragonfly Doji is not a strong signal, thus my buying price at SGD1.12 previously still hold firm till the next cycle. I am projecting it to hit SGD1.20 and we will see what happens next then.
But from the chart, it is really having 2 types of "patterns" developed. One is Umbrella and the other one is Bearish Dragonfly Doji.
Umbrella show that The long lower shadow shows the evidence for buying pressure.
But bearish Dragonfly Doji showing potential reversal trend. Bearish Dragonfly Doji is not a strong signal, thus my buying price at SGD1.12 previously still hold firm till the next cycle. I am projecting it to hit SGD1.20 and we will see what happens next then.
Black Marubozu... Buying more on Sinotel?
I am still researching on Sinotel. What interest me is that there are still potential buying pressure on this stock.
Currently when I am writing this blog on Sinotel, the price is hovering around 0.485 to 0.49.
I have noticed yesterday's daily chart was Black Marubozu, meaning sellers are controlling the price but the buy alert is still valid.
The pattern is not rejected yet since it is not a long black candlestick.
Patience is being tested.
SOBAYOR,
Star Trader
Currently when I am writing this blog on Sinotel, the price is hovering around 0.485 to 0.49.
I have noticed yesterday's daily chart was Black Marubozu, meaning sellers are controlling the price but the buy alert is still valid.
The pattern is not rejected yet since it is not a long black candlestick.
Patience is being tested.
SOBAYOR,
Star Trader
Thursday, February 11, 2010
China Market Outlook tomorrow to push up China Stock related shares..
Today, Sinotel and Oceanus, the abalone king posted a positive uptrend but will this continue tomorrow? we will got to base on China Market News tomorrow.. Let's see..
but the Sinotel targeted price range should be there at the moment...
but the Sinotel targeted price range should be there at the moment...
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