SGX Trading Floor.

[ljn2]

Thank you, perfectstorm, for this new thread!
For now, my trading has been on intuition plus basic TA/FA,and invaluable lessons from cinde and others.
Thank you for sharing your information.

[perfectstorm]

EZRA now on side way range bound, SL is 2.07 and last lifeline is at 2.05, however if the price managed to clear the 2.28 high then we could expected some explosive move.

RSI and MACD is pointing upward and stochastic just cut. based on the above set-up the risk and reward ratio is >3. meet my stock pick criteria. vested interest and this is just a information sharing and not an inducement to trade.

[perfectstorm]

STI down 0.5%; commodity, O&M plays lead falls

Singapore shares head lower as bearish Wall Street cues, continued worries over Europe debt troubles keep buyers at bay.

The STI is down 0.5% to 2,680.24 as at 9:48 a.m. with near-term support tipped at yesterday’s intraday low at 2,665.

“We’ve moved into a phase of lower lows and lower highs, the mentality at the moment is to trim stakes on any rebound,” says a trader at a local house, according to Dow Jones Newswires.

Global economic growth-sensitive commodity and offshore & marine blue chips are taking the brunt of the sell-off with Noble (N21.SG) down 2.2% at $2.67, SembMarine (S51.SG) down 1.8% at $3.26.

But SingTel (Z74.SG) is bucking the market, last trading up 1.7% at $3 after fiscal 3Q10 results came in ahead of market expectations. Broad market volume thin, similar to yesterday’s; losers outnumber gainers five to one

[perfectstorm]

Just to share same simple illustration on how I usually interpret the stockist and counting for the contra due date.

[perfectstorm]

Too early to call bottom on STI, says AmFraser


Singapore shares reverse fall as SingTel (Z74.SG) and banks lend support with the STI gaining 0.4% at 2,703.14 vs morning low of 2,675 (down 0.7%) with resistance tipped at five-day moving average around 2,720.

But trading is likely to remain choppy given European sovereign debt worries still simmering away with support eyed at yesterday’s low of 2,665.

“(It is) too early to forecast bottom as past trends show when market makes major peak in January, the floor is only seen between March and May,” says AmFraser retail research head Najeeb Jarhom.

SingTel added 2% at $3.01 after 3Q results please market, banks also doing well as investors eye their upcoming earnings with UOB (U11.SG) +1.1% at $18.46 and OCBC (O39.SG) +0.5% at $8.28

[perfectstorm]

Ziwo in the rush, no time to write, just post the chart for sharing.

[perfectstorm]

ZIWO HOLDINGS UNRATED by DMG
Price S$0.415

Ziwo in the rush, no time to write, just post the chart for sharing.

[mkttalk]

Hi Perfect, what's the meaning of SL? sorry, you mentioned before, me forgot. thank you

[rabbita]

Just to share same simple illustration on how I usually interpret the stockist and counting for the contra due date.

thanks Perfectstorm - just wondering - such detailed analysis - u use this for entry timing? ie... wait for force sell to finish be4 entering?

[wcw]

Thks perfectstorm for the selfless sharing. I vested GP at 1.27.