Aug 1-5, TA for STI

Aug 1-5, TA for STI,

• Trend - Side -> Up (Index above all MAs)
• Momentum - Overbought
• Support - 3158
• Resistance - 3200
• Candlestick - Doji (indecisive)
• Volume - Average

STI is the only index that outperform others - see the performance chart against - DJI, S&P, HSI. If you are taking clues from them, it should be a disaster week. STI seems to be preparing for a "bull run", staying high at the STI 3200 resistance level. Eg, Banks like DBS, UOB, OCBC have broken their resistance and turn support level. Next, counters that are the commodity counters - Wilmar, GoldenAgr, IndoAgri and etc. What to watch out for is the Macro Economic of US Debt?  As the Bull run for STI is ready for it - as long as this dark cloud is blown away. 

  

Aug 1-5, TA for Noble Group

Aug 1-5, TA for Noble Group,

• Trend - Down
• Momentum - Approaching Overbought
• Resistance - 1.88 - Resisting by 20D MA
• Support - 1.73
• Candlestick - Bearish Harami
• Volume - Average

Noble is now at resistance level, as long as it doesn't have a big surge on Volume ->26-37millions shares traded. It will not break the resistance level, and you can't play "Breakout Strategy". If you want to SHORT, just be careful - STI doesn't correlate with DJI since last week. When you expect it to fall, it doesn't happen. My suggestion is - lookout for your big volume on your counter - if there isn't, means there won't have any interesting move. 

July 28, FA/TA for UIS

July 28, FA/TA for UIS. Please Register as MEMBER to Read from Forum -> FA Stocks Screener - UIS.

UIS is like a Unit Trust Stock. The key valuation is the NTA or NAV. Today, it is at 18% discounted NAV with yield at 4.4%. Suitable for LONG Term investor - not TA trader. However, this counter is at down trending, so a Average Down Strategy is recommendation (means Buy in Slowly at 1.31 - Support level).

Thanks Kim for the highlight.

Jul 28, TA for HPH

TA for HPH Trust, Join the Forum. HPH has break the Support of 0.785.

Jul 28, TA for SIA Engineering

For detail of TA of SIA Engineering, Join the Forum

TA Stocks Screener - Side -> Up Trend Changing

For 'REGISTER' forum only, I have uploaded the TA Stocks Screener in the FORUM section. Please log in to see the detail.