Friday, 31 May 2013

First REIT: Rebound from 100d SMA

First REIT rebounded from confluence of 100d SMA support and 50.0% Fibonacci retracement level.
Candlestick with long lower shadow shows buying pressure from the intraday low.

Thursday, 23 May 2013

Starhub: Rebound from 50d SMA

Rebound from 50d SMA with oversold stochastic oscillator.

Outcome:
 
23 May: Opened LONG at $4.40
31 May: Opened LONG at $4.07
17 Oct: Closed at $4.46
Note: XD on 14 Aug, paid divided of $0.05 on 29 Aug.

Profit $0.275, 6.5%

Friday, 10 May 2013

Far East Orchard: BBsqueeze in weekly time-frame

Weekly chart shows a BBsqueeze, with the 20w SMA sloping upwards.
Price supported by the 20w SMA.
This suggests possible volatility with an upside bias.

Daily chart shows a 4-month consolidation after the uptrend.
A bullish breakout would be consistent with the analysis in the weekly chart.

Yanlord: Uptrend intact

The chart for Yanlord shows that the long-term uptrend is still intact.
The price has broken out from the intermediate downtrend to resume the primary uptrend.
The chart also shows support at the 200d SMA.