Archive for sti updates
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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 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 [...]
STI & SIA Charts
A sudden unexpected rally since last week. Resistance cleared but on low volume. Watch for a potential lashback.
Analyst Reports 25 – Continuation of Support Breach
Mimosa’s blog post on Head and Shoulders formation triggered me to do some charting to see where the markets are heading. It does seem that most of the marketing are correcting from their recent run up as well. Most notably India’s BENSEX which dropped more than 7% over the past 2 days. Oblivious to the [...]
