CapitaMall – wishing upon a star
CapitaMall today formed a high volume shooting star. CapMallsAsia also have similar candle. End of the road for them?
UOB – almost engulf…
UOB today, despite Dow Jones closed -205 on Friday, almost managed to formed a bullish engulfing but it closed with a bullish piercing candle. That level also coincides with fibonacci 50% support. Watch to see if there is a follow through.
Oct 22, 2012 Weekly Singapore Stocks with Jonathan Tan
Halloween fright came a little bit early on the 25th anniverssary of 1987 Black Monday and Dow Jones closed -205. Market loves to repeat itself and the same incident also happened on the 20th anniversary in 2007. Hang Seng has been giving a lot of warning signals over the last few days and STI also previously did a false breakout. Is this the end of the bull run and time to short or it is time to buy Singapore stocks because of fear in the market? Which Singapore stocks does one need to pay attention to? Find out what it is in this week video edition.
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Oct 15, 2012 Weekly Singapore Stocks with Jonathan Tan
It is Options expiration week again and do expect a lot of whipsaw and rumors. Since highlighted last week about profit taking week, S&P now has reach critical support. Will it bounce from here or break lower? In Asia, Hang Seng broke out from the resistance but Straits Times gone lower. What will this week bull or bear brings to the market? Which Singapore stocks does one need to pay attention to? Find out what it is in this week video edition.
Remember to let your friends know about this video, ChartingAcademy.com and Facebook. Thanks.
Oct 14, 2012 10:00PM Singapore Stocks Webinar with Jonathan Tan [InnerCircle]
Spain got downgraded and Dow tumbled more than 100 points, but tries to rally back again. It just seems like Dow Jones refuses to fall. Of course the answer is US Presidential Election. Is it time for the market to have election bullishness? Hang Seng has been holding up well despite the shooting star. Will the resistance break and pull Straits Times up with it? Time-wise, it looks about right. Therefore which counter should one invest in when the bull appears? How far can the market go higher and what does one needs to be cautious about?
Join me in this exclusive webinar dedicated to [InnerCircle] only where it is less crowded and more strategies discussed.
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Possible end of the road…
The 2 counters below have a very nice shooting star. It looks like end of the road for both of them.
Oct 08, 2012 Weekly Singapore Stocks with Jonathan Tan.
It feels good to be back looking at the market and I am looking forward to trading the markets again. Ben Bernanke announced QE Unlimited and market sells on news. On last Friday good Non Farm Payroll and Dow Jones could not held on to the gains. It sounds like a tired market after rallying so far. But with quarter earnings report together with US Elections coming up, will the market have enough rest to push higher this week? And with China market coming back after their holidays, can it pull the regional markets higher? Which SIngapore stocks does one need to pay attention to? Find out what it is in this week video edition.
Remember to let your friends know about this video, ChartingAcademy.com and Facebook. Thanks.
AusGroup (on request) – looks like end of the run…
Received 2 urgent emails asking if can buy AusGroup but looking at today’s chart, it is one black eye. Usually when everyone is thinking of buying, it means that the “Big Boys” has successfully tell a nice story for retailers to enter into the stock for them to distribute. Ended up, retailers believed in the story and will convert from trading the counter into long term investors.
AusGroup today hit a strong classical resistance and came down from it. Unless it can break the resistance and close above it, the resistance is still in play.
Oct 4, 2012 10:00AM Midweek Singapore stocks with Jonathan Tan [InnerCircle]
With Straits Times in consolidation mode over the last 2 weeks trading in a range from 3040 to 3090, is this a distribution or accumulation to go even higher? With previous QE, commodities seems to have gone higher but this time, commodity counters such as IndoAgri, Wilmar, Noble Grp are just lifeless. What’s going on? Is this QE different from the previous QE? What would the final quarter of 2012 be like? Will it be a final rally to the finish line or with QE news out, it is a “sell on news” and we will be getting a market “crash”? If so, how can you get profit out from the market directions?
Join me in this exclusive webinar dedicated to [InnerCircle] only where it is less crowded and more strategies discussed.
Note: This is not the usual weekly market briefing but a longer term forecast webinar, possibly till Jan 2013 market outlook.
