KepCorp – hammer at support
Interestingly KepCorp has a hammer at Fibo 38.2% support. It may be a short term rebound for now.
June 4, 2012 Weekly Singapore stocks with Jonathan Tan
Bears is in full attack mood and bulls are dead. Dow Jones just lost the 200 day moving average. With bears lurking everywhere, resistance is futile? Can the support for Straits Times hold or will it be assimilated? A lot of counters broke support on Friday which is already showing a pre-warning that Dow Jones will be bad that night. What about Monday and this week onwards? What will happen to Singapore stocks? Find out what it is in this week video edition.
Remember to let your friends know about this video, ChartingAcademy.com, and Facebook. Thanks.
May 31, 2012 10:00AM Midweek Singapore stocks with Jonathan Tan [InnerCircle]
Today Asia market got smoked after Spain got downgraded with Hang Seng down -365 points. Straits Times is down but trying to recover to break-even. How can this be? Dow Jones was nicely up 126 points. We should be green today but reality strikes. So, does this mean that we can start to short now? Will we be going straight down till June? Will Singapore stocks continue to go lower especially commodities counter?
Join me in this exclusive webinar dedicated to [InnerCircle] only where it is less crowded and more strategies discussed.
STX OSV – Bullish engulfing candle
STX OSV today formed a bullish engulfing candle at classical resistance broken turned support. Watch to see if it can turn higher.
Sakari – hammer and bullish engulfing candle
Sakari yesterday (Monday) formed a hammer and today is a bullish engulfing candle. Watch to see if it can go higher. However caution is needed as it is a downtrend counter with no bullish divergence seen.
May 28, 2012 weekly Singapore stocks with Jonathan Tan
Market tried to go higher but troubles with European countries have been giving the bulls stomach ache. Dow Jones is off the lows, but Straits Times is hanging at the low. Can the support for Straits Times hold? Although some counters in Singapore broke the support, what about the rest of the counters? What will happen to Singapore stocks? Find out what it is in this week video edition.
Remember to let your friends know about this video, ChartingAcademy.com, and Facebook. Thanks.
Meet-up with Jonathan Tan
Hi,
I mentioned in this week’s YouTube that I will be meeting up with those interested to find out more about E.Excel International and my InnerCircle group. If you would like to find out more, I will be at the address below on Friday 25th May from 6:30pm onwards. There will be an 1 hour short presentation starts at about 7:30pm. See you there.
Extra Excellence Singapore Pte Ltd
101 Thomson Road,
#07-07 United Square,
Singapore 307591
If you cannot find the place, my mobile is 9819 3071.
Market Opinion
It is just so hard to believe… can the market goes up when the bad news are just all around? Tonight Dow Jones is crucial. If Dow did not perform bullish, then high chance Asia would crack the support. The only small savior is that Dow and S&P500 have yet to break the support. Can US still save us tonight? As of right now (1:31am), it is already -44. Anything can still happen and only at 4:00am SG time, we will know if Dow can help HSI and STI go higher or push them off the cliff. Everything hangs in balance and it is all up to uncle ben. Banks sector (DBS, OCBC, and UOB are at crucial support whereas commodities, a lot of counters break their support. We have bearish and bullish signals at the same time. So, watch closely. This is not the time to tikam tikam (guess) on your luck
SembMar – hammer
Hammer seen at previous support level. It does have strong support level found if you turn on the weekly chart. It is being supported by 50 and 100 week moving average. But if one is to enter, do remember that Europe can play punk at anytime. Only watch this counter if Straits Times is bullish and market is rebounding. Or else, one will be playing with fire.
May 24, 2012 Midweek Singapore stocks webinar with Jonathan Tan
This is a live recording done during the China PMI announcement. There are fears all over the market with bad news out from Europe over and over again. It seems like the bulls are totally dead and bears lurking at every corner. Is it really that bearish? Will we be going down till June? What about Singapore stocks? Will Straits Times support holds? Find out what it is in this week video edition.
Remember to let your friends know about this video, ChartingAcademy.com, and Facebook. Thanks.
