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Post by odie on Sept 30, 2014 15:17:36 GMT 7
thanks bro zuolun for update
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Post by stockpicker on Oct 2, 2014 7:38:15 GMT 7
Hope you are ready for this shocker.. call it symmetrical breakdown or head and shoulder breakdown or whatever you like.. STI won't stop dropping until it reach the 200 MA at around 3217 or its target at around 3170.. be ready to pick up the left overs by then. This is a big one..
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Post by zuolun on Oct 3, 2014 13:45:43 GMT 7
thanks bro zuolun for update STI (weekly) — Longterm uptrend still intactSTI @ 3228.71 on 2 Oct 2014, immediate support @ 3093, critical support @ 3065. STI — Bearish Rising Wedge Breakout, last line of defense @ 3217 points, the 200d SMASTI had a spinning top @ 3262.78 (-26.94, -0.8%) on 30 Sep 2014 at 2pm. Critical support @ 3263, immediate resistance @ 3287.
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Post by zuolun on Oct 17, 2014 8:15:04 GMT 7
STI — Classic MOD chart pattern biased to the downsideSTI gapped down and closed with a long black marubozu @ 3154.21 (-44.51, -1.4%) with high volume done at 294.54m shares on 16 Oct 2014. Critical support @ 3065, immediate resistance 3188. STI (weekly) — Longterm uptrend still intactSTI @ 3228.71 on 2 Oct 2014, immediate support @ 3093, critical support @ 3065.
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Post by odie on Oct 22, 2014 10:33:20 GMT 7
thanks zuolun bro for chart update no 3000 no buy LOL
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Post by zuolun on Dec 9, 2014 14:01:41 GMT 7
STI's V-shaped trend reversal reminds me of the bull trap setup clearly showed on AirAsia's weekly chart dated 23 Nov 2012. (STI hit low of 3154 pts on 17 Oct 2014 and hit high of 3358 pts on 1 Dec 2014.) STI — 回光返照 = A supernatural phenomenonSTI had an inverted hammer @ 3317.89 (+20.05, +0.6%) on 9 Dec at 2.50pm. Classic support @ 3264, strong resistance @ 3358.
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Post by me200 on Dec 10, 2014 7:53:01 GMT 7
For individual stock, there is high possibility that some buaya can manipulate the price, aka chart direction. Just wonder how BB can set up bull trap on STI. Care to share.
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Post by zuolun on Dec 11, 2014 7:29:23 GMT 7
For individual stock, there is high possibility that some buaya can manipulate the price, aka chart direction. Just wonder how BB can set up bull trap on STI. Care to share. Major big players use SiMSCI Futures and the top 6 STI stocks to draw the STI chart according to their vested positions (long and / or short). STI — 回光返照 = A supernatural phenomenonSTI closed with a spinning top @ 3325.81 (+5.97, +0.2%) on 10 Dec 2014. Classic support @ 3264, strong resistance @ 3358. SiMSCI Futures and the top 6 STI stocks: DBS, OCBC and UOB are strong uptrend stocks always ring-fenced by the major ang moh BBs. These 3 local banks are among the top 6 STI stocks often being used by them to swing the SiMSCI Futures and/or the STI. On 5 Sep 2014, they simultaneously heavily-shorted the SiMSCI Futures and the ST Index stocks forcing the bulls on these 2 markets to cut their losses and then U-turned by doing short-covering on both markets with negligible changes at EOD; killing 2 birds with one stone. The SiMSCI Futures was supposedly designed for investors to hedge their long positions on the ST Index stocks but it has now become a powerful tool for the major big players who have the financial muscle to swing both markets simultaneously and profit from the panic retailers, especially the aggressive heavy-weight CFD punters. If you've access to SiMSCI Futures and do a simple and straightforward comparison with the STI (volume and value done), it's not surprised to see the 2 markets swing simultaneously on certain time of the day, i.e. a Flash Crash effect. Many CFD retail punters now are extremely complacent thinking that since the STI is range-bound moving small steps (+20 / -20), they dare to punt via CFD with heavy volume but the danger lies in the SiMSCI Futures — when the major ang moh BBs do a wild swing on both markets; 50 to 100 points swing on the STI (with the closing unchanged) is enough to wipe off 20% margin in the CFD share trading account. Singapore MSCI Futures closed @ 376.95 (-1.15, -0.3%) on 5 Sep 2014. STI closed @ 3341.73 (-4.61, -0.1%) with 182.4m shares done = total volume of the 30 STI Component Stocks, on 5 Sep 2014. STI @ 3325.01 (-21.33, -0.6%) with 85.4m shares done = total volume of the 30 STI Component Stocks, on 5 Sep 2014 at 12.05 noon.
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Post by kenjifm on Dec 11, 2014 17:17:02 GMT 7
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Post by zuolun on Dec 16, 2014 10:21:17 GMT 7
Don't panic when STI drops 50 to 100 points (because the trading volume is not threatening but rather pathetic); it's the effect of the Major big players using SiMSCI Futures and the top 6 STI stocks to draw the STI chart according to their vested positions (long and / or short). In fact, out of the 6 STI stocks; the 3 banks play the major lead roles, while the other 3 STI stocks play the sub roles. (STI hit low of 3154 pts on 17 Oct 2014 and hit high of 3358 pts on 1 Dec 2014.) A detailed explanation of the meaning of 回光返照 = A supernatural phenomenonwww.360doc.com/content/09/0209/08/57358_2494597.shtmlSTI — 回光返照 = A supernatural phenomenonSTI had a long black marubozu @ 3240.99 (-53.15, -1.6%) on 16 Dec at 11.15am. Immediate support @ 3237, immediate resistance @ 3298. STI's V-shaped trend reversal reminds me of the bull trap setup clearly showed on AirAsia's weekly chart dated 23 Nov 2012. (STI hit low of 3154 pts on 17 Oct 2014 and hit high of 3358 pts on 1 Dec 2014.) STI — 回光返照 = A supernatural phenomenonSTI had an inverted hammer @ 3317.89 (+20.05, +0.6%) on 9 Dec at 2.50pm. Classic support @ 3264, strong resistance @ 3358.
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Post by zuolun on Dec 17, 2014 6:06:15 GMT 7
STI — Bearish Diamond Top Breakout, Interim TP 3122, Next TP 3065STI gapped down and closed with a long black marubozu @ 3215.09 (-79.05, -2.4%) on 16 Dec 2014. Immediate support @ 3180, immediate resistance @ 3237.
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Post by zuolun on Jan 2, 2015 6:01:18 GMT 7
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Post by zuolun on Feb 7, 2015 11:22:41 GMT 7
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Post by zuolun on Feb 10, 2015 4:36:00 GMT 7
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Post by zuolun on Apr 13, 2015 16:14:09 GMT 7
Mid-morning Market: Shares mostly higher; take some profit when STI nears 3,500: DBS Vickers
By Frankie Ho 13 Apr 2015
Singapore shares advanced on Wall Street's rise last Friday and on speculation that the recent rally in Hong Kong and China will spill over to the local market.
At 10:46am (0246 GMT), gainers outnumbered decliners by about two to one. The Straits Times Index was 0.4% higher at 3,486.81.
"Our STI range for the month remains unchanged at 3,430 to 3,520," said DBS Vickers.
"Any undershoot below 3,430 should be limited at 3,400. Reduce exposure as the STI heads towards 3,500 in the coming week(s), while a decline towards 3,400 is an opportunity to bargain hunt."
Overall volume was strong, driven by penny stocks, such as Artivision Technologies, up 4.3% at 9.8 cents; Vallianz Holdings, up 5.7% at 7.4 cents; and Equation Summit, flat at 0.8 cent.
CNA Group rose 17.9% to 3.3 cents in active trading after the company said it was in talks with the management committee of the Dongying Economic Development Zone to transfer its wastewater treatment plant to a third party in order to focus on its core business.
Mercator Lines (Singapore) fell 7.5% to 4.9 cents on concerns over the dry bulk shipper's business after it said it had hired an independent financial adviser to review its financial health and recommend areas of improvement following a deterioration in the bulk shipping market.
Sarine Technologies tumbled 21.8% to $1.995 in reaction to the company's 1Q2015 profit warning.
The maker of diamond-cutting technologies said it expects to "more or less break even" amid a downturn in the diamond industry.
Lower liners in the offshore oil and gas sector were mostly higher.
Ezion Holdings put on 3.7% to $1.13, Ezra Holdings rose 3.4% to 45 cents, AusGroup climbed 4.3% to 24.5 cents, Swissco Holdings went up 6.9% to 46.5 cents and Triyards Holdings added 6.4% to 50 cents.
These companies were subjects of The Edge Singapore's cover story for issue 672.
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