STI Has Covered the Gap

The STI has effectively covered the gap down created last week...

Challenging Times

The weakness in the US markets last week has affected the trading "spree" in Penny Stocks over here in Singapore.
On a personal note, I have already entered some positions in Adv Sys Auto (Disclaimer: This is NOT a recommendation to buy this counter. Please seek proper advice from your own Licensed Advisor, or do your own due diligence or research), with my CPF funds.
I believe the penny stocks will consolidate awhile, before certain counters starting to lead the way again...

2 Full Day Seminar on the 25th & 26th July

Am involved in a 2 Full Day Seminar starting today - This is related to my day job. So I will not be posting any of my observations until Friday. Cheers!

Liang Huat: Is This Breakout Convincing Enough?

Personally, I would keep watch of the PRICE action, after today's breakout.

Progress of Hyflux's PRICE Action

PRICE of Hyflux needs to break the $3.32 level convincingly, in order to head higher...

SemCorp: Breakout

Those of you tracking this conglomerate will be glad to know that it broke out yesterday.

Multi-Con System

Multi-Con System's PRICE action continues to look weak. I would seriously stay out of this counter. Today's low of $0.38 has effectively closed the gap formed last week.

SSH Corp's First Target Price of $0.495

As posted yesterday, SSH Corp's first target PRICE of $0.495, has been it today...

Liang Huat - A Breakout Today

Will post the chart of Liang Huat later this evening...It did a breakout today. Breakout PRICE is $0.06, so Trendline Support is at $0.055.

TREND Chart of the Hang Seng Futures

Here's the TREND Chart of the Hang Seng Futures. Isn't it lovely? Higher Highs & Higher Lows...The Bull TREND is very much intact.

SSH Corp

I featured this counter's PRICE action on the 15th of Jul. Today, it is continuing its move. Next target PRICE is $0.495

Patience, My Friend, Patience...

Again, I reiterate my stand to just wait for a clearer picture, before talking my next step. Having got out of Global Test & Adv Sys Auto last week, I am now just waiting for an opportune time to re-enter the market. Of course, you will still have the occasional counter (like Aztech, today), attracting attention but overall, for now, I feel it's best to just sit out, and wait.