On Wednesday, BakerTech re-tested the support at $0.425 and closed at $0.44 with average volume of 22.2 million shares traded. A candle sticks with long upper/lower shadow indicates the indecision of the investors. Both RSI & MACD are neutral as MACD began to converge together. Important Resistance of BakerTech: $0.465 Immediate Support of BakerTech: $0.435 [...]

If you enjoy our post, feel free to subscribes to our rss feeds

On 30/June, Singapore shares end higher Wednesday as window dressing helps to boast up the prices but worries over double dip still remained. STI ended 5.17 points (0.2%) higher at 2835.51 with high VOL of 1.31 billion shares traded compared with 1.39 billion shares Tuesday. In the broader market, loser outnumbered gainers 262 to 193. [...]

If you enjoy our post, feel free to subscribes to our rss feeds

On Tuesday, Wilmar tested its support at $5.75 and closed at $5.77 with high volume of 7.93 million shares traded. A long black candle stick with short upper/lower shadow demonstrated the heavy selling pressure from the bears. Both RSI & MACD began to turn bearish as RSI perform a very sharp down tick. Important Resistance [...]

If you enjoy our post, feel free to subscribes to our rss feeds

On 29/June, Singapore shares end lower Tuesday as worries heightened on the growth for China’s economy may not be sustainable. STI ended 39.65 points (1.4%) lower at 2830.34 with high VOL of 1.4 billion shares traded compared with 894.8 million shares Monday. In the broader market, loser outnumbered gainers 378 to 121. Today STI broke [...]

If you enjoy our post, feel free to subscribes to our rss feeds

On Monday, Valuetronics tested the resistance at $0.19 and closed flat with high volume of 1.58 million shares traded. A gravestone doji occurred which often signifies a top (the longer the upper shadow, the more bearish the signal). Both RSI & MACD are bullish though MACD lines are closely together. Important Resistance of Valuetronics: $0.19 [...]

If you enjoy our post, feel free to subscribes to our rss feeds