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Archive for April, 2012


Hang Seng – support held

Hang Seng today gap down to a strong classical support (see arrow). If you zoom out to a longer period, you can see from historical chart why this level is an important support as it is also a classical support all the way from Aug 2010. Going higher, I am hoping HSI will go closer […]

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Apr 16, 2012 Weekly Singapore stocks with Jonathan Tan

When Straits Times on Friday closed at day low after going higher for 2 days but still closed +9.7 on Friday, people rejoiced. When people thinks that the bulls are back, market disappointed them again especially when Dow Jones closed -137, also at day low. Frustration is in the air over the weekend especially when […]

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Apr 15 10:00PM Singapore stocks webinar with Jonathan Tan [InnerCircle]

When Straits Times on Friday closed at day low after going higher for 2 days but still closed +9.7 on Friday, people rejoiced. When people thinks that the bulls are back, market disappointed them again especially when Dow Jones closed -137, also at day low. Frustration is in the air over the weekend especially when […]

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I could have…

Seems like I caused an uproar when I started implementing [InnerCircle] even though the signs  are there, so let me explain myself why I have to do so… When I left as ChartNexus lead trainer a year ago, I could have: Been a remisier with any leading broker firms or be a proprietary trader But […]

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Bumitama Agri – latest IPO

I got a few emails asking me to do technical analysis on Bumitama. Unfortunately I look and look but the chart still looks the same. One has to understand the limitation of IPO counter: It does not have any historical data. But based on candlestick, it is black, in other words, it is not that […]

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DBS – Near strong support

DBS is now near the 100 and 200 days moving average. In addition, the body of the candle are now quite small suggesting that the selling pressure has dissipated. Watch for a bullish reversal candle before considering entering on long position. However do take note that right now to long DBS would be against the […]

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Apr 12 2012 10:00am Mid-week Singapore stocks with Jonathan Tan ([InnerCircle] Only)

Now that Dow Jones had finally got bear attacked, will the bear continue to pounce? Market seems to be sideways for quite some time and this movement down is so fierce. Is this the end of the bull market? Or is this now an opportunity for me to buy the stocks at a cheaper price […]

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Dow Jones too weak to rebound

Europe fears is back again and this time is due to Spain and Italy bond yields. Plus Alcoa quarter report will be out by end of today’s Dow trading day (early morning Singapore time). Right now at 1:30am, Dow Jones is currently -183. If this continues, we should be expecting a gap down tomorrow (Wednesday) […]

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Noble Grp – near support

Noble Grp is near the classical support and also fibonacci support at 1.30. It is possible that Noble Grp can have a technical rebound but do take note that to long will be against the trend for now.

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CapMallsAsia – possible support coming

CapitalMallsAsia after profit taking is coming to the 50 day moving average which also coincides with the fibonacci 61.8% support. Do watch for any bullish reversal candle before considering.  

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