Falcon Energy Group: Bullish Setup!

Bullish Signal: Bullish flag in formation with retracing volume! Entry price: $0.445 with volume exceeding 4 million by 12pm! Stop loss: $0.415 Profit target: $0.485 Reward to risk ratio: 1.3 PS: Do email me at jeffsunhs@outlook.com if you are keen to join us in the facebook community for live...

STI: Weekly Update!

During the week, STI undergone a slight retracement of 10 points. The retracement of STI during the week has been anticipate last week’s posting on 24/9/13 , http://www.sharesinv.com/articles/2013/09/24/sti-bearish-retracement/ STI traded within a range of 49 points with low volume. The low volume and low volatility movement signifies that the many traders are still waiting for the opportunity from a clear market direction to make an entry into the market. For the past 2 weeks of trading session, STI has been trading with the 4 Moving Averages (MA). This may indicate a potential range bound market. The support and resistance of the anticipated range bound condition of the market is expected to be within the range of 3,260 (classical resistance) and 3,140 (rising window support coincide with 20D Moving Average (MA)). The Stochastic Indicators exhibits a Bullish Crossover as highlighed in the daily chart.  This indicates a high probability of bullish momentum for STI to trade towards the upside for the coming week of trading sessions. As mentioned earlier, the immediate resistance to watch is 3,260. On the weekly chart, Stochastic indicator is still showing room for more upside. As anticipated last week, it is likely for the MACD bullish crossover to happen in the coming week.  This will dictate a breakout of the ranging channel which coincide with a potential double bottom breakout. Upon a high volume double bottom breakout, the next resistance to watch for is 3,460. PS: Do email me at jeffsunhs@outlook.com if you are keen to join us in the facebook community for live...

Cordlife: Bullish Setup!

Bullish Setup: Bullish flag in formation with retracing volume! Entry price: $1.38 with volume exceeding 4 million by 12pm! Stop loss: $1.32 Profit target: $1.455 Reward to risk ratio: 1.4 PS: Do email me at jeffsunhs@outlook.com if you are keen to join us in the facebook community for live...

Olam: Bearish Setup! (Short Sell)

Bearish Signal: Bearish reversal candlestick, MACD Histogram 4g1r, RSI oversold turning down and Stochastic bearish crossover! Entry price: $1.48 Stop loss: $1.53 Profit target: $1.415 Reward to risk ratio: 1.3 PS: Do email me at jeffsunhs@outlook.com if you are keen to join us in the facebook community for live...

CDL HTrust: Bearish Setup! (Short Sell)

Bearish Signal: Bearish reversal candlestick with bearish stochastic crossover! Entry price: $1.625 Stop loss: $1.665 Profit target: $1.57 Reward to risk ratio: 1.4 PS: Do email me at jeffsunhs@outlook.com if you are keen to join us in the facebook community for live...

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