On Thursday, Biosensors re-test the resistance at $1.19 and closed at $1.18 with HIGH volume of 13.77 million shares traded. Three white candles occurred in the last three days.  Although these candles were not big enough to create three white soldiers, the steady upward pattern is bullish. RSI & MACD are bullish as MACD perform [...]

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On 31/Mar, Singapore shares end higher Thursday though investors remain cautious ahead of the key U.S. jobs data due Friday. STI ended higher at 3105.85 (0.3%) with LOW VOL of 1.25 billion shares traded compared with 1.57 billion shares Wednesday. In the broader market, losers outnumbered gainers 250 to 214.  Despite STI ended higher but [...]

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On Wednesday, Golden Agri re-tests the support at $0.685 and closed at $0.695 with HIGH volume of 90.6 million shares traded. Separating lines occurred.  If the lines occur during an uptrend and the first line is black and the second is white then this suggests that the uptrend should continue. Both RSI & MACD are [...]

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On 30/Mar, Singapore shares end higher Wednesday as fund managers adjust their portfolio before the closing of window dressing in Q1. STI ended lower at 3095.32 (1.3%) with HIGH VOL of 1.57 billion shares traded compared with 1.07 billion shares Tuesday. In the broader market, gainers outnumbered losers 405 to 128.  Today STI broke the [...]

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On 29/Mar, Singapore shares end lower Tuesday due to heighten fears over radioactive leaks from Fukushima nuclear plant. STI ended lower at 3056.95 (0.01%) with LOW VOL of 1.05 billion shares traded compared with 908.8 million shares Monday. In the broader market, gainers outnumbered losers 235 to 183.  Despite STI closed flat today but the [...]

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