New High on the Singapore Straits Times Index (STI)

With the market opening just half an hour ago, the STI has just breached the previous high of 3,688.58. The high of the today is 3,697.93.
Sub-Prime issue? What Sub-Prime issue? Was there one?

Busy busy week....for me, that is

I apologise for not posting anything, the past trading week. I have been so consumed with my day job that the only blog that got updating was my Futures Trading Blog.
It's been a crazy week for me and it was really difficult to find time to even just pour through the charts. I do hope to find some time, this coming week, to see how the STI Index is doing...

Singapore Stocks: Just the start of another round of Penny Stock Rallies?

Oculus & ALANTAC, which I featured the last week or so have certainly performed to expectations.
I will try to scan through the charts this weekend for other potential breakout aspirants...

Singapore Stocks: Looks like the Pennies, are back...

4:30pm A quick look at the Top 30 volume counters, and the familiar names are there; ALANTAC, Jade, Armarda, Oculus. If this keeps up, the rest of the penny counters will follow suit...

Singapore Stock: ALANTAC - Breakout ?

ALANTAC has done a breakout from the sloping Trend Line. Will have to see the closing PRICE at the end of the day.

Singapore Stock: Biosensors - A Possible Low at $0.625 ?

PRICE action does suggest a possible price low at $0.625. However, I would prefer it to make a higher high first, above last minor PRICE Resistance at $0.715.

Singapore Stocks: Is Confidence Coming Back For The Penny Stocks?

Looking at the Top 30 Volume today, it does look like some interest is being generated in counters like ALANTAC, Baker Tech, Armarda, etc...It will take some serious trading in these counters before the rest of the other counters join in.

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...