With Dow cycle projected around 10,374, we might have around 7-8days of uptrend to work with:
Longs
Guocoland
SMRT
Noble - 2nd day consolidation, 3rd day decide
UOB 18.22
Ezra 2.00
rotary 1.10
wingtai 1.73
Mar- Jul Breath & Vol goes in hand. Overbought get overbought. Oversold with fierce rallies Chart formation work best: bullflap, ascending, flat consolidation breakout
Aug - Sep Vol goes to pennies, high for many stocks achieved. Short of failed breakout have to wait 1day Momentum trade for the pennies (which i got to learn, especially those breakout for 2-3days pennies)
Oct - Nov Where shall it be? Oversold get oversold? Overbought with fierce selldown?
Uptrend line breakdown seem to be slower than flat consolidation breakdown (when it flip it upside down, u get it)Weak get weak, strength beget strength