For a trader, winning is extremly dangerous if you haven't learned how to monitor and control yourself.

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Monday, January 7, 2013

Midas More upside

Midas just break out from its multi-months consolidation, plenty of room to upside.

Stocks to Watch


Weekly Pivot

STI weekly Pivot levels for the week start from 7 Jan,

R3: 3287
R2: 3259
R1: 3242
PP: 3214
S1: 3197
S2: 3169
S3: 3152

Saturday, January 5, 2013

Weekly Wrap

STI gained another 33 points or 1% in the week, closed at 3225. The weekly candle looks bullish. Next target is 3307, where the support is 3190-3167 if STI were to retrace. The other major markets posted a bullish week as well.

Major index weekly performance as in below table:



Friday, January 4, 2013

Friday Indicator

STI has extended its run up to hit its two year high yesterday at 3231.39, closed at 3224.8, another 23 points gain. We are at the top of chart now, be aware of buy "High" sell "low". The probability of a retracement increasing now.

Oops..I unable to upload chart now. will update you soon.

Wednesday, January 2, 2013

Stocks to Watch

STI hit new high, Singapore stocks first day trading super bull run, stocks rose across whole market. STI closed with 34 points gain at 3201. Below are the stocks in focus tomorrow:

Midas
Cosco
YZJ
Dyna-mac
Fragrance
Genting sp
SGX
Swiber

Dyna-Mac Breakout

Dyna-Mac breakout from its long time consolidation today, up 2c at 50c now 4.30pm. More upside with target at 53.5c

Tuesday, January 1, 2013

Yr 2012 Indexes Performance

Happy New Year 2013!

As we are heading to new year and new start, it's time to make new year's resolution again. To me, the significance of new year's resolution is not whether we can achieve it but the most importantly, to set a target and try our best to strive for it in the year.

The year of 2012 is a remarkable year. The world of financial market has gone through turmoils and it survived-- Greece remain inside the EU, the EUR did not collapse etc. The worst is over and 2013 is expected to be a better year. Let's take a look at the world's major indexes, their performance are stunning, all markets below has gone up, despite of crisis. You may wondering why it's so? "The opportunities are inside the risk."

For the past year, Hang Seng rose 22.9%, and STI is second with 19.7% gain.