hi,

i just found out and use the following charting software for stocks.....it's free! and good.

http://www.chartnexus.com/software/index.php

i am using 20 and 50 days moving averages, And MACD(just use the default setting)....hence i have another tool to help me decide when to buy/sell. Pls just goggle MACD to find out how to use it.

Do note that the MACD indicator is not 100% accurate...i complement it with my studies on Moving averages, price-vol analysis and market sentiment before taking actions.

BTW do exercise caution, i see a lot of stocks showing bearish patterns.....meaning the price of many stocks are declining and gaining momentum.....no harm being prepared for a downturn.

hmmm....do note that the cut loss of Wilmar is $3.60....if it falls below $3.60 and can't get back up, it will go down. be cautious as it seems unable to break above 3.74( resisted 2 times)

On the other hand, Yangzijiang is breaking up(with above daily average vol) above 98 cts which is the 50 days moving average...if it stays above it, likely we will see a rally.

 

Shorting targets: Sembawang Corp and Sembawang Marine just dropped sharply (with substantial vol) below their 20 and 50 days moving averages after announcing the 4th quarter and full year financial results. Seems like the uptrend has ended and downtrend began, if it fails to rebound back...based on its historical movement likely it will fall further.

 

 

 

Sembawang corp

 

 

Sembawang marine.

 Notice that the same pattern occurred during last November(after the previous quarter announcement of financial results).

Reminder: Take action(buy or sell) only after the signal appears, Do not try to predict the top or bottom which is stressful and risky....u might make abit less $$$ but, u will be more confident to take a bigger stake.

 

 

i still favour Wilmar...it is now sitting on(means : the current price is just above ) the 20 days moving average at $3.60....after it went up to $3.93......the last quarter result will be announced this Fri which just might provide the catalyst for it to rally....good luck! $4.20 is the 200 days moving average which i think it will attempt to reach for it....if it can cross it convincingly, likely it will move towards $6.00.

Also watch Genting(recently hit $1.63!...it was only $1.30 when i mentioned it here) and NOL, their results will also be announced this week.

The STI index and other world indices have rallied substantially since Dec..hence the downside risks (a correction might be not far away) are getting higher now although the economic conditions have improved. Do exercise caution)

Guess what?? Founder of SC Global (Simon Cheong) has made a cash offer to buy all public shares of SC Global at $1.80 !!!  50% premium of the last closing price of $1.20....if you bought and hold until now...u shall profit $600 per lot

this is what we call investing:

Buy a good company cheap and hold onto it...don't trade in and out...u tend to miss the big gains.

http://www.sgx.com/wps/portal/sgxweb/home/company_disclosure/all_in_one/company/!ut/p/c5/hZFJjqswAETP0gdoGafdwSwNhGAChMlMG5QwhzHITUJO31n-zVerlk8lvVKBFLwzXta2vvB2Gi89iEG6z3aEIF1QBEnARyzQQxhaqqZD7ApvnvzDzwyKAmWyi-SQwRNBf7QjEAso8294tjYemy9lDW4vd7PNSOAq2WyVPm3uOEXoMZkoOowmDRggrfvp-naLipSIKqYPlQaZ0uwSVzjwJt91YT12zA_lH2XzOplYulffDQdJWtKM-7IWq88yiHJ2v9Ym48Uh0dTWsUcloNIq9Vt_7vhg8aKdL7n4QlGNyvbz1JQLMdFXC4MbJ1XnLwRHlVtleV6HkhHJULsG9GAZWhNcs3zrbGjudD0usR67k4nO1f3WNcq-tuVE94-CF5fvRS3D3zOkpxI__B-f60lw7rz9s3p-ndDQO0sUp2VuBHQuhsUU6eOVLt0KIWtw0w7fd-o-jsDWp6EECUjF__2gyCKYB7YOmH78AgbPd8Y!/dl3/d3/L0lDU0lKSkthWUEhIS9JTlNBQ0lpTXdxSkFDQUpvb0dBIS80QzFiOVdfTnJ4UUMvN18yQUE0SDBDMDlPVTE3MElVQlE0QlZVMUNCNy8yMTU5OTgyMTY0ODI!/?CompanyCombons_7_2AA4H0C09OU170IUBQ4BVU1CB7_=SCGLOB&CO_ALLONE_SELECTED_INDEX=786&CO_AllONE_CHART_RET_CODE=SCGLOB&CO_AllONE_STOCK_NAME=SC+GLOBAL+DEVELOPMENTS+LTD&CO_AllONE_IBM_CODE=1W16&CO_AllONE_HP_CODE=D2S&CO_AllONE_MASTER_CODE=37401

the stock market is such a dynamic and unpredictable animal.....but it follows certain patterns/rules......just when we thought the market is about to crash, it has rebound above the 200 dMA....which is why i would rather teach u how to read it rather than just TELL u what to do(which u will not learn anything).

watch out! the STI has dropped to below the 200 dMA at 2974.....Dow Jones below 200 dMA at 12 993 with little signs of recovering....this could be the start of a market correction. If the downtrend continues, STI could hit 2700 in a matter of weeks. i am not joking....

http://stockcharts.com/h-sc/ui?s=$sti

my investing rules are very simple, when price rise above 20 dMA..i buy(sell when price starts to lose upward momentum and drop or price cut 20 dMA again)...when price drops below 20 dMA i short. if u can follow this principle/rules rigorously, u are very likely to make $$$$ in the stock market. Try it. Back test it. (http://millionaire-investors.blogspot.sg/p/technical.html). These investing principles has been tested time and again and works for both equities(stocks) and commodities(Gold, Silver and other metals..even oil)

the silver lining over the storm is Gold and Silver has rebounded from the 200 dMA while Dow Jones just crash through it.

http://stockcharts.com/h-sc/ui?s=%24SILVER
With US money printing, US dollar is set for devaluation and inflation likely to rise.

I do look at fundamentals of the stocks and read news BUT decision to buy/sell is always made using Moving averages(Technical analysis)....Reason being that news are often late and news are manipulated(to make us buy high and sell low)....U get rich by Buy low, Sell high...if u have yet to figure it out.........Stock market is a manipulated market....

i am looking at the palm oil stocks now....Golden Agri resources and Wilmar ....both looks like bottoming. if u study, the other palm oil stocks have also stopped dropping....

Wilmar has daily share buy back at $3.00 and a Director has bought 2,000,000 shares at $3.18 recently.

BTW crude palm oil(CPO) has rebounded from the october lows...and seasonally CPO prices tend to rise from  Oct to Dec..due to the many festive seasons.

http://www.palmoilhq.com/crude-palm-oil-cpo-futures/

Noble is forming a nice uptrend, supported by the 20 dMA.

YZJ and Cosco should benefit from China Trillion yuan infrastracture stimulus package....both are near the previous low...COSCO $0.87..YZJ $0.91....with the good news from NOL....might stir interests in other shipping stocks.