Posts

Cosco Corp Daily - SGX

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Those of you requesting for the Cosco Daily chart for shorter trading time frame, please see below. The "Commercials" are still shorting the stock. I advice not to enter the long trade for now until the buying signal is triggered. Please note that for this I am using the overbought/sold level instead of the divergence model as this is a shorter time frame on 18 daily period. You can choose either one, it is up to you to see which one you suits you best. Cosco Corp

Sime Darby - KLSE

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For those trading counters in Malaysia KLSE, here is a chart of Sime Darby for you. Uptrend started since Oct 2010 and still going strong! Sime Darby - KLSE

Cosco Corp - SGX

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Cosco Corp Quite a sell-off in some counters because of Euro debt problems. Time to sell off? Cosco is reaching the short signal, we will need to see the final signal this Friday for the confirmation as the COT Proxy is set on weekly period.

Straits Times Index ETF - SGX

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Straits Times Index  ETF Where is the STI heading? COT Proxy is show bearish signal however price was pulling up and stuck in rangebound a few weeks now. Is this a false bullish movement?

SIA - SGX

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People call this a jackfruit stock waiting to drop? COT Proxy signal a short since Jan 2011. Although it has bounced off its low of 12.8+, only time will tell if the bounce can sustain itself, meantime it is still in the "commercials/speculators" selling territory. Don't enter long if you don't have to :) SIA - SGX

Semb Marine - SGX

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Semb Marine - COT Proxy Semb Marine has been having a run up since May 2009. Seems like it is running out of steam since its recent peak. The COT Proxy is approaching the convergence point. Those who dare can enter a long trade here although the provision for stop-loss will be bigger. Those with smaller risk appetite can wait and see what the next few weeks bring in until we see a clearer trend developing.

DMX Tech - SGX

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Rangebound since early last year and downtrend started since Feb 2011. DMX Tech