With UOL having a good financial result on the latest financial news, Capitaland uptrend will continue..

Capitaland ended 3.82 today. With UOL having a good financial result on the latest financial result, Capitaland uptrend will at least continue tomorrow unless there is big market condition news that will push down the market tomorrow including Capitaland.

If nothing big deal on the market news, it will be prepared to go higher with white closing marubozu at the end of the trades and volume distribution of more than 100k during the closing end of the market.

SOBAYOR,

star-trader

Capmall Asia, any latest news that prop the share price today?

CapMall Asia, was once an IPO price 2.12 but currently trading at 2.25. Will I be looking at this uptrend? Looks a good bet when there is upward gap which means it will trend further.

Let's see but is definitely a lookout.

SOBAYOR,
star-trader

Always remember not to chase a stock..

One thing to remember, do not chase a stock even if it is trending higher.. Unless you have done your homework that you can reach your targeted price.

Make sure you have a target price to sell and not to wait to hope it can go higher. Remember Newton's Law.. What goes up will come down and vice versa...

But remember too, this is not applicable to any stocks as some stocks might be a "rotten stocks" without any good fundamental and you will be stucked there forever on a the most bottom price when nobody wants to buy the stock.

Remember it this way, you must always hold something that is worth buying and not high risk by hearsay the stock will post to boom. Always find facts why you think the stock is a good buy and what are the weaknesses for a particular stock.

For more tips, check out my newsletter which I am sharing trading tips on the right side.

Thanks,
star-trader

Apart from Candlesticks, why Volume is part of the influence on the price movement..

Today, I am going to explain a brief introduction on volume. Why Volumes play a significant role on the detection of the price movement? Well, apart from candlesticks, volume can say a lot of things on whether the stocks are having bearish or bullish momentum in it...

I will discuss more on why On Balance Volume is important factor to determine the price movement, exit and entry of the stock price.. I will also quote an example on one of the SGX stock so you can see the real time of how it influence the direction.

I am creating a newsletter to provide more information on this when you submit your email address as on the right side of this blog. The reason why I am creating this newsletter stock market tips is to get people who appreciate my tips and I will share it with them.

rgds,
star-trader

US Next week Events

How the events can influence the market ?

Monday: Fed's Yellen; Dallas Fed Manufacturing
Tuesday: S&P Case Shiller index; Fed's Bullard
Wednesday: Jan New Home Sales; Fed's Bernanke and Treasury's Geithner to testify before Congress
Thursday: Jan Durable goods; Fed's Pianalto, Bullard, and Bernanke
Friday: Chicago PMI, Jan Existing home sales; Fed's Tarullo, Evans, and Kocherlakota

And also which stocks to go in?

Capital Mall , is it poised for new high with any latest news?

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

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.

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