On Friday, Biosensor continues to trend inside the channel region and closed at $0.815 with moderate volume of 5.43 million shares traded. A short black candle sticks with no upper/lower shadow indicates low interest from the investors. Both RSI & MACD are bearish as MACD perform a “cross down” on Friday. Important Resistance of Biosensor: [...]

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

In last week, STI gains 15 points from the opening of 2973 and close higher at 2988. A spinning top occurred (a spinning top is a candle with a small real body).  Spinning tops identify that there is little price action (as defined by the difference between the open and the close).  It is a [...]

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

On Friday, Noble had a massive sell down and closed at $1.65 with high volume of 82.8 million shares traded. A long black candle stick with upper/lower shadow indicates that the investors had no hesitation in selling down this counter. Both RSI & MACD are bearish as MACD about to perform “cross down” Important Resistance [...]

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

On 30/July, Singapore shares end lower Friday as cautious traders cash in profit since major economies news such as US GDP & China PMI were scheduled to release over the weekend. STI ended lower at 2987.7 (0.3%) with average VOL of 1.41 billion shares traded compared with 1.40 billion shares Thursday. In the broader market, [...]

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

On Thursday, Golden Agri rebounded off the support at $0.555 and closed at $0.57 with non-existence volume of 25.4 million shares traded. A candle stick with long upper shadow indicates that the momentum of rally has subsided with investors no longer have any interest in this counter. Both RSI & MACD are going flat as [...]

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