- Defend it's 10DMA of $1.64
- STI hit a new bottom
- 3th down day for STI, minimize the risk
This blog is created based on personal ideas. Please do not follow blindly without your own analysis
Wednesday, September 14, 2011
Genting
Buy Genting at $1.645 on 14th Sept
Tuesday, September 13, 2011
Genting
Sell Genting at $1.65 on intraday; buy at $1.67
- Sudden reversal reaction on STI
- Genting cannot defend the $1.66 price
Genting
Buy Genting at $1.67 on 6th Sept
Trade decision conditions:
Trade decision conditions:
- STI was hit down heavily yesterday but a higher low is seen
- Successfully defend it's 10DMA of $1.64, expect the short-term 10DMA to hold
- Broke out of 30DMA of $1.66
Wednesday, August 31, 2011
CityDev
Sell at $10.60 on 31st Aug; buy at $9.80 on 22nd Aug
Trade Decision Condition:
Trade Decision Condition:
- STI reached near to the deciding resistance of 2870. I am not sure whether it will break it or not, but i decide not to bet on it.
- Rally has been going on several days.
- Emotionally, the profit is tempting enough to take.
Monday, August 22, 2011
CityDev
Buy CityDev at $9.8 on 22nd Aug
Trade Decision Conditions:
Trade Decision Conditions:
- STI may reach it's bottom at 2680 - 19% correction. If it hits more than 20%, a bear territory. The risk to enter here is reasonable
- CityDev hold $9.70 well enough. The risk to take up the position is smaller now.
Monday, August 1, 2011
Biosensors
Sell Biosensors at $1.375 on 1st Aug; buy at $1.27 on 22nd June
Trade Decision Conditions:
Trade Decision Conditions:
- Biosensors refused to break $1.41 despite STI breaking 3200
- Logging in some profit in the global volatility
Wednesday, June 22, 2011
Biosensors
Buy Biosensors at $1.27 on 22nd June
Trade Decision Conditions:
Trade Decision Conditions:
- STI has rebound from the support trendline connecting the 2010 correction low and 2011 March low.
- Biosensors have defended well from the correction. The 10MA is turning up, and $1.27 is the support of this line.
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