Technical Analysis

I have been looking at what happened to individuals stocks in the midst of a correction or selldown, and what interests me was only those with para raise was more affected. What this probably means might be the emphasis on index might be overrated

doing some individual study on certain stocks, first up,

Straitsasia

in its old bulltrend, its normal descend WITHOUT any rebound lasts from 3-4days with a % of 25-33% with an extended ATR. Currently in its bull run, descend: 4-5days, % - 9.5-12.5%

Olam

Lazy to do historical, but its what is correction in Feb 2007 was what surprised me with many other stocks similarly. Its trendline works better in the past

Currently, damn messy chart, nothing significant time spent below RSI 30 is less than 5 days

Capitaland

Old bullrun

DWAR 11% - 20% from 50EMA

Bear

DWAR 18% - 43% from 50EMA

Market Reviews

z cutloss

Noble - 2.997

Wilmar - 6.45

Parkway -2.65

Ho Bee -1.71

Kepland -3.35

Yangzijiang - 1.13

Rotary

Long:

Chinaaoil???

Cosco

Today did a wonderful trade: journal to take note:

Ezra breakdown with bearish engulfing last friday but did not enter as it was pass the tail of previous candle. From Ezra 's behavior, usually there will be a retest to mid of the previous high, took the trade early in the morning with gapup and high as cutloss, and down it went.

Learning: observe past behaviour, such as ho bee (inhibit parabolic before)

Target to note

ARA - 0.91

Asiatravel

ASL marine

CH offshore

Cosmosteel

falconenergy

Market Reviews

Shorts

Due to my bearish bias as a person, shorting can be hazardous to health, :)

After observation, it is best to short

1) after exuberance of 3-4days with signal taken below the previous day close and cutloss at high

2) reversal usually happen mon or tues, pull out any chart and just see the high or near the high to get my meaning, reason is simple or else how you get a black weekly bar

3) Worst day to initate short is on friday with reason above

4) Use a trendline to see as illustrated previous post

Let's see whether it works out as plan, straits will be experiement for shorts

Stocks

Breakout:
Ausgroup
CH offshore
hoe leong ( need a cup)

Asiafood
Breadtalk
Goodpack
pfood
tat hong

just goin through it on mind only, pls dun take signals

Trendlines

Woo Hoo

Utimate Whipsaws