Ezra closed 1.245 today, ending the day near the day high. The ART Position trade system gave a signal to Long this stocks. A good entry will be 1.255, stoploss will be place at 1.195. Mid-long term trade
Yangzijiang closed 1.35 today, ending the day at the day high. The ART Position trade system also gave us a signal to Long this stocks. A good entry will be 1.355, stoploss at 1.26. mid-long term trade aka 2weeks-3month
HL Asia $2.08 now trading near the Parallel channel resistance, if you are having a lot of long position and feel like shorting some stocks to hedge your position using CFD, you can look at this counter.Note: This is a counter trend trade, if u are trading short term stoploss can be place at 2.16, if you doing longer term trade can stop above 2.22.
For those traders who trade KLSE stocks, CIMB bank 's chart ($7.28) looks interesting to me. Looking at what happened for the last 12 month, this stocks reach it's second peak ard $9.00 in july 2011 and fall rapidly after that till it find its bottom at around $6.60 Oct 2011. Well, the above 2 lines are just introduction, the interesting part is the Moving average, using 10SMA, 50SMA and 100SMA Strategy the chart is telling us that the current price might be a start of a bull trend, and from the previous trend(July till Oct 2011) tell us that this stocks can be very trendy (sometime). Well, If you think this stocks is good, now might be a good timing. If you want to know more about this simple and effective strategy, you can feel free to contact me or email to yew.andy@ymail.com
Biosensor currently trading at $1.665, reaching channel resistance. Seems to be strong resistance as this level has been tested few times before. Do watch out for reversal.
Yanlord is now at the resistance level, hitting the downtrend line which formed since July 2009. Will it bounce off the trendline and go lower this time? I am not so sure too, Mid and short term trend is still bullish. We better watch how the market perform next week and wait for a better buying opportunity rather then chasing aimlessly. Congrats if u have followed my previous post. =)
Genting Sp is back to test the resistance line again! If you have follow the last post on Genting SP, you should know what i am talking about, the price turn down after failing to break thru the resistance trend line.
Yanlord, oh my lord! We got a buy signal here! Recently the mid term change to bearish(Red candlestick) but the long term trend(blue ribbon below) remain bullish. Now the mid term trend is back to bullish, if u are looking at this stock tomorrow will be a good entry if the price break above today's high), if not, just wait for another day for it to break prior day high.
SembCorp Closed 4.2 on friday, ever since it rise from the trough of 3.2, if have been going on sideways for the past 2month or so. Well, sometime a stock moves sideway is good, especially when the rest of the market is falling down, our ARTS- position trade has got a signal for entry on mid-long term trade. Entry only when it break above prior day high.
Ho Bee last close at 1.035, Long term trend down, mid term trend down, short term reversing, if market is going to be bad. This stock might be a good choice to short as our system gave a signal that it is showing weakness. can consider to short if it break below 1.02. Stoploss at 1.08.
ARTs System, today it gave us a signal that it is a good time to enter Yanlord. Given the long term trend is bullish- Blue Ribbon, mid term also bullish(blue bar) and the Blue arrow signify that today is a Pivot point, can consider to enter this stock if tomorrow it goes above $1.085, Stoploss $1.02, timeframe is 2 weeks to 2month, First target $1.24
Genting SP now trading at 1.735, currently trading above 20ma and 40ma Short term is still in Bullish trend. However this stock is still below 200ma, and 200ma Sloping downward, signifying long term trend is down. If you have drawn the downtrend line since late last year, you will see Genting is traveling down the Downtrend Parallel Channel and now is at the top(resistance) of the channel. If you are follow our Parallel channel trading strategy, this is a good point to do shorting. Stoploss can be place at 1.81 . First target 1.50. 2weeks-1month trade.
STI up for 4days, many stocks is hitting resistance level, i just pick a few here to write on. 
Sembmar currently trading at 3.63, has hit the resistance at 3.66 this morning. Similar chart like kepcorp. Major trend still downtrend, facing resistance.
Sembcorp currently trading at 3.83, CCI overbought, slightly above the 40ma. Well, if today close above the 40ma, our swing setup is not valid, however if you are holding this stock for "short term", do look forward to take profit as market has for 4days already.
Overall market still look rather weak with a lot of volatility around, I did a scan today for mid-term bearish trend change and this list of stock was generated. These are stocks which previously our shorting candidates, now they seems to be changing trend. If you are shorting one of these stocks, do consider to reduce your short position.
Indoagri now trading at 1.415, this stock is quite obedient as it always trade within the parallel channel. Now it is at the channel resistance, will it break the trend? If it never, this will be a good entry for short position. Stoploss can place at 1.48, if want to wait for confirmation, enter when price break below previous day low. Target price will be ard the channel support.
STI continue to dive lower in the past week, with most notable, Friday gap down and closed 91.33 points or 3.23% lower to 2733.63. The volume lower but remain high level due to investors pull out from market without any further hesitation to protect their position. STI ended the week with 116.96 points or 4.1% lower.
Looking at the big picture again. STI has technically stepped into the Bear zone, STI below 200ma, making lower low and lower high since early this year. If you have seen the Index of other market, most market already have their the death cross signal. (50ma cross 200ma).
As mentioned on our daily email STI has fallen below the major support 2920, before we go above this level we should be cautious and wait for reversal signal! Don't anyhow buy lower and lower, averaging down is for long term investor who can hold for few years to do(using cash, not CFD), not for the common people who have only 1 set of fund. Again, always apply stoploss.
For market to turn there are a few signs to note:1) The decline in index need to slow down, not falling by 100 points a day for Dow Jones. That is the first sign of a turning point.
2) A decline in volume on down days. This is a sign that Bear players are diminishing.
3) 3 consecutive green daily candles. This is a sign of return in confidence. Blue chip up 4 out of 5 day.
I called the right direction at the right time again! If u followed previous post, it was the day JUST before STI hit the channel resistance, i called to take some profit and today STI hit the bottom and stay there.. this is a good opportunity to buy when everyone is Panic selling! Please always apply your stoploss.
I just realise that I spotted the lowest point on 20 june posting when STI is at ard 3000 points! Last week STI just hit 3200, again, if you have followed you should be making money by now! So what is the current outlook for August? From the chart we can see that market is generally uptrending (Higher high, higher low, STI above 50ma and 200ma), however it is hitting Resistance at ard 3210. So Short-term beware of profit taking, mid term wait for pull back. STI support at 3140 follow by 3080.