On Wednesday, Noble re-tests the minor support at $1.125 and closed at $1.14 with LOW volume of 70.4 million shares traded. A doji star occurred (where a doji gaps above or below the previous candle).  This often signals a reversal with confirmation occurring on the next bar. RSI & MACD are turning bullish as MACD [...]

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

On 30/Nov, Singapore shares ended higher boasted by month-end window dressing. STI ended lower at 2702.46 (0.5%) with HIGH VOL of 1.64 billion shares traded compared with 1.639 billion shares Monday. In the broader market, losers outnumbered gainers 175 to 163. The rally for STI for today remains weak as market breadth stands at negative [...]

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

Dear all Gentle reminder for 4th Singstocks gathering on 4th Dec Sunday. Agenda Basic Technical Analysis Training (2pm to 4pm) 1) Psychological In Trading 2) How to pick stock to long or short using technical analysis (Attendees are encourage to bring their laptop and install chartnexus for better learning experience) Market Outlook (4pm to 6pm) [...]

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

On Tuesday, Wilmar trend upwards and closed at $5.03 with LOW volume of 6.01 million shares traded. A dark cloud occurred (which indicates that prices moved up strongly on the previous bar, opened higher, but then closed significantly lower).  This implies weakness as the momentum appears to be shifting from the bulls to the bears.  [...]

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

On 29/Nov, Singapore shares ended lower as investors remained skeptical about euro-zone sovereign debt issues. STI ended lower at 2688.10 (0.2%) with HIGH VOL of 1.639 billion shares traded compared with 1.147 billion shares Monday. In the broader market, losers outnumbered gainers 181 to 130. Today STI trade sideways and finally close lower on profit [...]

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