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"

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

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

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

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.

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

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...

Latest News: Sinotel Wins Maintenance Contract from China Telecom

Well, latest update news from Sinotel Technologies, winning a maintenance contract from China Telecom.

Will this have impact on Sinotel Technical Analysis share price which currently stands at 0.485?

When I check entire graph on the stock price movement for Sinotel, it is forming a double V-formation since 18 Sept 2009. I would say the short-term play on this stock will be at 0.540 - 0.555, from there on we will see what is the strategy Technical Analysis for Sinotel..

Anyway, for today's candlesticks on Sinotel, it has formed a signal on White Opening Marubozu
Bullish Harami, meaning it will depends on if the market opens with a gap, this stock will be pushed further to 0.54 - 0.555 range.

As usual , SOBAYOR,

Star-Trader

Wednesday, February 10, 2010

Star Trader will be back soon with more investment advices!!

Sorry guys for all the break that I have taken!! 4 months..yes 4 months.. :)
No worries I will be back soon as I have completed my projects, I will be focusing more in writing any advice I have on investing..

I am setting up an investment website too but still will be writing daily blogs. So stay tune! Star Trader is back!!

Thanks..
Star-trader