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Technical Analysis

Charts Series #2

Charts Series #2

The recent market rally seems to be pausing after a huge run up. Even Hang Seng has breached 20,000. Fundsupermart has an article on this level. It seems that valuation has been reached for the moment. Long term investors can still hold. Minor corrections seems to be underway while uptrend is still intact.
HSI is very [...]

SIA Dividend of SATS!

SIA Dividend of SATS!

Today SIA released its dividend of SATS shares. Just nice on my birthday.
Chartnexus’ SIA chart looks funny they seem to have shifted the SIA chart prices by a quantum, hence making it look as though the price jumped up above the resistance level. Doesn’t seem true though. Maybe it is to properly reflect [...]

Charts Series #1

Charts Series #1

Waiting for breakdown? Possibly due to divestment of SATS. But somehow I believe shareholders’ value will be unlocked and released. Meaning..
SIA now < SIA after divestment + SATS shares distributed

STI on the uptrend though extremely overbought. For me, I would just let profits run until breakdown of lower trend line.

I’ve been waiting so [...]

More Charts!

More Charts!

Hmmm.. Sihuan has pushed above the ascending triangle on a day of high volume. Then again, this counter has always been a low volume counter and the relatively higher volume might not be that high after all.
SIA just hit the short term support. Will it rebound up or breakdown? Esp after the announcement of [...]

STI & SIA Charts

STI & SIA Charts

A sudden unexpected rally since last week.
Resistance cleared but on low volume. Watch for a potential lashback.
 

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