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Tuesday, 18 April 2017

Singtel TA

Singtel enjoyed a good run-up since Jan this year, after breaking up the range of 3.66 - 3.72, it moved up to a trading range of 3.72 - 3.85 then 3.85 - 4.
Recently it moved back down fast, as of today it is near to the lower level of 2nd range of 3.85 - 3.72. For a defensive good dividend yield play, this counter is one of the good choices (potential grow ie capital gain plus dividend return). Accumulation may start from here... if break below 3.71, next trading range will be 3.6 - 3.71 with mid price about 3.66
TA view for illustration purpose only.
Short to mid term analysis (source : Poems Historical Chart )

Monday, 17 April 2017

CSE Global TA

For illustration purpose only.


Monday, 10 April 2017

Talga Gold LTD (ASX) TA

After breaking out from 0.35 resistance, Talga marches up to the range of 0.35 - 0.435 for a period 10 Jan 2017 to 27 Mar 2017. Upon breaking up the 0.435 resistance there is no visible resistance until 0.77 which was set during 5 years ago around Apr 2012.
This few days observation, the range is 0.5 - 0.61 with mid range about 0.555
As of now 10.56am 10 Apr 2017, it quoted at 0.57
TA view for illustration purpose only.
Long term chart (source : Poems Historical Chart )

Short term analysis (source : Poems Historical Chart )


Saturday, 8 April 2017

Singpost TA

Long term chart from May 2013 to Apr 2017 shows a big support at 1.308. This support level is very important as if it cannot hold, it may trigger further downside pressure and further price weaknesses.

Short term chart shows it has been in the big range of 1.37 - 1.65 until recently 10 Feb 2017, upon poor quarterly results announcement, it gapped down from 1.49 to 1.37. After than it went lower and touched 1.305 low which is the long term big support.

Downtrend? Range?
From then, Singpost's chart has turned from range bound to downtrend as show in the downtrend channel. In order to shrug off from downtrend channel, it needs to clear up the 1.37 resistance and firmly stand above.
TA view for illustration purpose only.
Long term chart (source : Poems Historical Chart )


Short term analysis (source : Poems Historical Chart )