STI Index... Still behaving as expected

There is huge volatility this week as US tries to close its talk on debt ceiling. Over here, STI index is behaving normally, without much unexpected movement. Price closes higher compared to previous week, and most importantly above the triangle pattern. Bias remain bullish to further upside excluding unforeseen macro economic conditions. Next milestone will be that 3300 resistance zone...

Blog Improvement:

As part of my learning journe, I appreciate readers who chanced upon this site to give me some counters to analyze. I will share my analysis in this blog, and hopefully the readers and me learn something meaningful through this interaction. Haha, make me work harder!!! Just email me (tradeforinfinity@gmail.com) with the following info:

1. Name of the counter
2. Your intention (i.e. Long or Short)
3. Your reason to enter
4. (optional) Price you decide to enter the order

Have a good time profiting!!!

STI Update... +44.44; what a number!!!

Well, price close strongly on Friday.. what's more can you expect?
http://clickandtrade.blogspot.com/2011/07/sti-review.html

Happy profiting!!!

Great Group Holdings... A sudden interest in undergarments!!! :)

Wow, another Progen Holdings in the making!!! .
http://clickandtrade.blogspot.com/2011/07/speculation-to-max-progen-holdings-ltd.html

Happy profiting!!! :)

Precious Metal... The way to go ahead!!!

Attached the last week CFTC precious metal positioning from Reuters... Net long increase in position for GOLD was impressive, and that for COPPER was superb!!! Wow... 

Singapore Tech Engineering... Made In Singapore counter

Technical picture does not look great for this counter....

GMG Global... OMG, what is price doing there?

A sharp re-bounce that will most probably be killed off by supply...

SMRT... Price hike is taken negatively!!!

SMRT, together with SBS Transit has asked PTC for a revision in fare price... The general public does not like price hike and this is reflected in the price this week!!! Inflation is killing us... argh!

Thai Beverage Public... Not a good time for celebration!!! :(

Similar situation like Z-Obee.... Are people drinking less as global economy falls into uncertainty?

Z-Obee Holdings... Sounds like COE!!!

Rectangular consolidation looks to collapse!!!

China Animal Healthcare... We love and care for animals!!!

This is one strange name that pops up... Haha!!!
And it is going in the opposite direction compare to our healthcare sector :)

Ezra Holdings... An ominous sign ahead of earning session??

Classical box breakdown, pull back, and off it goes to uncharted territories... May the force be with you!!!
Note: this week was the highest volume registered since May 2010.

More about the neckline in previous post:
http://clickandtrade.blogspot.com/2011/06/ezra-holdings-hold-your-neckline.html

Ziwo Holdings... Thou shall not BUY!!!

Picture speaks louder... let it do its talking!!!

Midas Holdings... Another poor chap!!!

It is just another day for bearish Midas... 0.55 looks sweet!!!

Neptune Orient Lines Limited... Price break down!

Someone just sabotaged this counter by forcing price below the low of that small reversal bar... This represents failure by buyers to come in to support this counter. More uncertainty ahead for this titanic...

Price has over-extended beyond my initial target of 1.50...

http://clickandtrade.blogspot.com/2011/06/neptune-orient-line-aka-nol-and-his.html

Tiger Airways Holdings... Where is the engine sound???

Budget airline has been under tremendous selling pressure after Australian authorities halt its operation in Australia. After the price gap down, this price vacuum will act as the price ceiling for the weeks ahead... Any rally into this zone presents investors a good opportunity to cut loss and traders a good opportunity to join the bear massacre.

Happy profiting!!

Renewable Energy Asia Group Limited... How low can it go?

This counter has been vomiting blood since Mar 2011 when it breaks out of its consolidation base. Price is now closing in to its multiple years low set in 2009 @0.035. Is a recovery in sight?

Time will tell from price action around 0.05. At this point, any purchase is like catching a falling knife. It is never easy to pinpoint a bottom!

Singapore Exchange... Squeezing every drop of money!!

SGX is aggressively looking for ways to increase its revenue... First, it extends trading through lunch break and next, it decrease bid size to encourage more risky taking. What is the collective belief of traders for this counter?

Dead or alive, show your hand!!
Happy profiting!!!

Singapore Post... Just post a bearish signal!!!

Mr Postman just sent a signal to those subscribing to its services!

Genting Singapore... Surrender, hitting, standing, double down or insurance?

Is this worth the stake for hope on price recovery?

PSL Holdings... Looks so fragile!!!

The crowd keep chasing price when price is getting tired! Give her a break, as she is breaking down...

Think Environmental... show your hand!!!

Last week was quite spectacular as we saw our favorite counter since last September whipsaw between two price extreme: 0.75 and 0.90. This weekly Doji bar marks indecision among investors/traders about this counter which has almost double since last year. Further, the spread has exploded tremendously! What's up with you, Think Environmental?

Well IMHO, this extreme price volatility has given us some insight on what we can do with this counter. Any break above 0.90 with volume is a sign of strength, and likewise, any break below 0.75 is a sign of weakness. Let's wait and profit from this war between buyers and sellers...

Happy profiting!!!

STI Review...

After last week euphoric action, what will happen to STI Index... Looking at the STI index chart, it has successful breach the pivot zone 3120 area to close at 3139. The next level of resistance will be around 3150. With one big uncertainty removed from the market, look forward to bigger risk appetite in H2.

Next week close will be crucial as the first week of every month typically sets the tone/pace for monthly performance, and the first month of the quarter for quarterly performance, and first quarter for next half year.

Happy profiting!!!

Speculation to the max!!! Progen Holdings Ltd...

Progen Holdings Ltd almost tripled on the last day of H1!!!
Today marks the end of QE2 and tomorrow the start of H2... Look forward to a fresh start with a clear mind!

Happy profiting!!!