SembMar – double top on bigger picture
If one looks at SembMar using weekly chart, there is a potential double top being formed. It will be in play when the support of 4.20 breaks.
Ausgroup (on request)
Ausgroup is now supported by 50 day moving average but looking at price movement, it seems like too far too fast. A better entry would be somewhere about 0.41 where it is resistance turned support together with fibonacci 61.8% support.
Nov 05, 2012 Weekly Singapore Stocks with Jonathan Tan.
After a bullish run on Thurs,Dow Jones lost all its gains on Friday. With this week being a crucial week for the world, how will the market behaves? From the mother of all market, US to the biggest consumers in the world, China, are having their election and change of government, will the market behaves bullishness or bearishness? With Hang Seng at resistance, Dow Jones at support and Straits Times at range bound, who will win the battle? Which Singapore stocks does one need to pay attention to? Find out what it is in this week video edition.
Please share if you like this Weekly video.
Genting SP (on request) – broke out
Genting SP after consolidating for so many days, today broke out from the resistance of 1.34. Do watch out for resistance around 1.355 and 1.42.
Biosensors – hammer seen
Biosensors, after so many days of selling pressure, today formed a black hammer. This could mean that selling pressure could be dissipating. Do watch to see if there could be a bounce higher.
FrasersComm – high volume shooting star
FrasersComm today formed a high volume shooting stsr which could mean a potential end of the road short term higher if it goes below.
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SembMar and SembCorp – hammer at support
SembMar on a glance seems to be a hammer at classical support. But if one does an in-depth analysis, there are several signs very nice about SembMar and its sister, SembCorp.
Therefore watch to see if the 2 sisters can bounce higher.
Oct 29, 2012 Weekly Singapore Stocks with Jonathan Tan
Weekly Analysis coming in live from Singapore Expo. Dow Jones kept on coming down after a lot of companies have bad quarter report with last Thursday is Apple’s turn to push the market lower. But Dow Jones managed to recovered from the low at the 200DMA support. Hang Seng had bearish engulfing candle and with banks in Singapore at support. Who will win? The bears or bulls? What about other Singapore stocks? Will the support break or hold to go even higher? Which Singapore stocks does one need to pay attention to? Find out what it is in this week video edition.
Venture – hammer at support
I understand it is hard to feel bullish for now but if market do swing, anything can happen, right? Venture formed a hammer with fibonacci 61.8% support together with 200DMA support. Watch to see if it can bounce higher.
