Archive for Pullback
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Analyst Reports 23: Eastern Markets vs Western Markets?
Image by babblingdweeb via Flickr I think it goes without saying that the Indian Stock Market stunned everyone to death today. 17% up in one day is amazing compared to STI’s gains over the last few weeks. I wonder whether a total market halt was triggered cos when it did a more than 10% fall [...]
SSE Watch
SSE is going to face a firm resistance (2600 region) soon based on the chart below. A picture paints a thousand words. Price has been hugging top part of bollinger band and we might anticipate pullback soon. Overbought as well. Let’ see how resistance is tested. Might consider a temporary fund switch again.
Analyst Reports 19: Bear Rally, Whipsaw and the likes
Image via Wikipedia In my last post, i mentioned about expecting the unexpected and that i was expecting a pullback. It does seem that I was right on both counts. (But to put a caution to the previous statement, almost everything can be right on hindsight, just depending on the timeframe). 1) STI did pullback [...]
Analyst Reports 18: Expect the Unexpected?
Image via Wikipedia I find this utterly disgusting. In my last Analyst Report, I have mentioned that most of the markets were supported at that time of posting. The next day, it broke the support by a few points. At that time, I felt pretty lousy, thinking that it must be really bad for the [...]
