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Archive for December, 2011


Capitamall – Bullish engulfing at support

Today CapitaMall did a bullish engulfing candle, which is a bullish candlestick. Do note that overall it is a downtrend therefore caution is needed. Watch your stop loss as market can turn at any moment.  

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ST Engg (on request) – broke support but near another support

ST Engg has been forming 2 doji continuous for the last 2 days. If tomorrow is another doji but higher than today, it could be short term bullish. It could then be forming a doji tri-star pattern. However have to watch tomorrow. Just take note that overall, it is a downtrend.  

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Olam (on request) – At crucial support

Olam is at crucial support of 2.20. Overall, it is a downtrend but may have a technical rebound. To the upside, there are 2 trendline resistance that may stop it from going higher. Therefore if tomorrow can go higher than today, long small run fast strategy.  

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Webinar room started late this morning

It was brought to my attention that a quite a few people could not get into the webinar around 9:55am this morning. My apologies, it was my fault as I only manage to open the room about 9:56am as I woke up late. Slept late yesterday as was trying to figure out some services settings […]

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Dec 15, 2011 Mid-week Singapore Stocks with Jonathan Tan

2 more days to quad-witching and the end of last full trading week of December. Next week onwards, a lot of people will be in holiday mood for Christmas and New Year. How will this week be? Find out in this live recording of the webinar. Remember to let your friends know about this video, […]

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Midas (on request) – bearish but near support

Midas chart is bearish but it is near classical and trendline support. However, since it is below 0.50, there is a very high risk to enter this counter. So far, historically is not on their side.  

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Dec 15, 2011 10AM Mid-week Webinar (Open to everyone)

Now that Ben Bernanke announced nothing and Dow Jones sell off its gain, what will happen to the market? Today HSI closed the falling window and came lower. Will this week quad-witching still in play? How volatile can the market get? Will we have a year end window dressing? So many questions asked. Join in […]

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Awaiting market next move

Singapore counters are getting oversold but not yet to clear 1 sided. Basically awaiting market next move. Although I am leaning towards bullish side, I will let the price to confirm the movement fist before jumping in. Anyway, I have been quite busy getting some website configuration done and I am sure you will like […]

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EUR/USD near trendline support

Before anyone forget, there is also a trendline support near EUR/USD now. If it can recaptures this trendline support, bulls have hope.  

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Personal opinion

In my personal view, this “consolidation”/sell-down is good if we are to have a Christmas rally. Why? Do you expect market to rally for 2 continuous week till Christmas and New Year? It is like running a marathon: you want to save your energy for the last burst. If you run with energy right from […]

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