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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

2009Jul30-SIA-640x380

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

2009Jul30-Straits Times-640x380

I’ve been waiting so long after selling my rubbish Banjoo shares to buy this gem. Beautiful. Breaking 0.965 would see it making newer and newer highs. Did i mention that fundamentally, Sihuan is almost unscathed from the economic crisis? At least given the past few financial results.

 2009Jul30-Sihuan-640x380

SSE bounced on trendline resistance and MA, recovering to –5% drop from –7.7% drop. Still a wait and hold view.

2009Jul30-Shanghai Stock Exchange-640x380


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One Response to “Charts Series #1”

  1. [...] per my last post, shareholder’s value is [...]

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