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.

Wednesday, 13 March 2013

CapMallsAsia: At uptrend support



Outcome:

13 Mar: Opened LONG @ $2.03
24 Oct: Closed @ $2.07
Note: XD on 2 May, paid dividend of $0.01625 on 20 May.
XD on 28 Aug, paid dividend of $0.0175 on 12 Sep.
Profit $0.07375, 3.6%