Singapore Stock: Oculus Ltd - $0.315 Target Hit

Have been pretty busy with my dayjob of late, so I haven't had much time to scan through the charts. But one thing for sure, is that Oculus has performed to expectations since I highlighted it last week.

Singapore Stock: Oculus Ltd Clears First Minor Resistance

As pointed out last Friday, Oculus Ltd managed to clear the first minor resistance of $0.255. With an intraday high of $0.285, it looks like there is still room for PRICE to challenge $0.315 & then $0.375.

Singapore Stock: Oculus Ltd

PRICE action seems to suggest a bottom. PRICE looks set to head back up to challenge $0.255 first.

SIMSCI TREND Chart: We Are Currently in a Bull TREND

My TREND Chart above...

SIMSCI: Today's Leg 1 of Bear Break Invalidated

I thought there was a glimmer of hope this morning when the SIMSCI managed a Leg 1 of Bear Break on the TREND Chart. But alas, it was not to be. PRICE has gone lower with a New PRIME Support. The Bear TREND continues...

Jack Be Nimble, Jack Be Quick...

Again, the markets tempt you to get in...was it a right choice to buy yesterday? With our market still actively tracking the US market, it is still a challenge to decide when is the right time to buy. PRICE movements can help one to see whether a bottom is being formed but with this "close tracking" of how the US indices close over night, anything can still go wrong.

SIMSCI: Leg 1 of Back Door Bear Break on TREND Chart

Reverse in the TREND, perhaps (We need 3 full Legs)? We had a PRIME Higher Low achieved at the close of yesterday's session and this morning's gap up created Leg 1 of Back Door Bear Break (Higher High), on the TREND Chart. Hopefully, this will help stocks to recover, in the next few weeks to come.

Nothing Has Changed...Yet

Looking at the SIMSCI TREND Chart above, nothing has really changed...as yet. The Bear TREND, on my TREND Chart is still exerting itself.

Penny Stocks Are Still Jittery

Looks like the recent carnage continues to play in everyone's minds...it's gonna take a while before it's back to business as usual.

Hang Seng Futures TREND Chart

Hang Seng Futures TREND Chart is currently in a Bear TREND. But for its SWING Chart, it is still in a Bull TREND.

SIMSCI TREND Chart

Here is my SIMSCI TREND Chart...not very encouraging, isn't it? We are currently in a BEAR TREND, making Lower Highs & Lower Lows.

Bears Galore

One of the fiercest sell down of recent times. Penny stocks are literally being dumped. I've seen such ferocity before, back in the early 2000s, when the Bear market was creating havoc...It still remains to see if this is just a hiccup, or a change in the Primary Bull Trend.
On the Index basis, the STI is still very much on a uptrend...

Anther Disappointing Session in the US Markets

Will we see more selling today? Was yesterday the day to buy, or to sell? We will know soon enough...