Capitaland Technical Analysis (31 May 10)

See it for yourself and make your own judgement.

Support/Resistance:
The chart has formed a double top pattern at around $4.45. After the double top or "M" pattern, it has formed a bear flag and fall again at around $3.60. Currently there is no confirmation of further sell down, but again it seems to be forming a bear flag pattern again.

Indicators:
Looking at the MACD, RSI and Stochastic, these three indicators should a lack of buying momentum. If the three indicators can go further down, it may be a good buying opportunity. There are 4 period of high volume sell down which can mean that unloading might have taken place. Be extra careful if you are buying now.

My Target Price:
My target buy price will be $2.70.

Please note that I am using TA to position myself for long term investing and not to predict the direction of the market.

My stock gains/losses from Oct 09 to 27 May 10

I have bought three lots of Starhub @ $2.11 in this week. Total gain has decreased from $8161.87 to $7206.87 as compared to last week.

Bought 3 lots of Starhub @ $2.11 on 27 May 10

I have bought 3 lots of Starhub @ $2.11 using cash.

SingPost Technical Analysis (26 May 10)

See it for yourself and make your own judgement.

Support/Resistance:
As mentioned in two weeks ago, I mentioned that major resistance at $1.17 will be tested. Indeed it was tested and began to fall from there. Currently the price is at $1.08 which is at the lower line of the uptrend parallel lines. The price may have a possibility to rebound from there. Major resistance now is $1.25 and major support is at $1.00.

Indicators:
Looking at the MACD, RSI and Stochastic, the three indicators are very high for quite a while already. It is not a good buying opportunity.

My Target Price:
My target sell price will be $1.24. I am looking to sell all my holdings at $1.24. However if it falls to $1.01, I might be buying a few more lots.

Please note that I am using TA to position myself for long term investing and not to predict the direction of the market.

Singtel Technical Analysis (25 May 10)

See it for yourself and make your own judgement.

Support/Resistance:
The chart has went down below major support at $3.00. The chart is forming a very big symmetric triangle and has started to break down. The major support will be at $2.50.

Indicators:
Looking at the MACD, RSI and Stochastic, there is a lack of buying momentum which means that the price may drop further.

My Target Price:
It will be a good buy @ $2.50

Please note that I am using TA to position myself for long term investing and not to predict the direction of the market.

Starhub Technical Analysis (24 May 10)

Support/Resistance:
The graph seems to be forming a bear flag pattern after a big fall. If the pattern succeed in forming, we may see more down side.

Indicators:
Looking at the RSI, MACD and stochastic, these three indicators are falling which mean there is lack of buying momentum.

My Target Price:
My target buy price will be $2.01.

Please note that I am using TA to position myself for long term investing and not to predict the direction of the market.

STI Technical Analysis (22 May 10)

Support/Resistance:
As mentioned in two weeks ago, I mentioned that the chart might form a double top pattern and the next major support will be at 2660. The chart indeed reaches near 2660 and rebound from there. The next major support is at 2550.

Indicators:
Looking at the MACD, RSI and Stochastic, the three indicators are going down. There is a lack of buying momentum at the moment.

My Target Price:
If the index reaches 2550,I will buy some STI ETFs.

My stock gains/losses from Oct 09 to 21 May 10

I have bought two more lots of Singtel @ $2.93 in this week. Total gain has decreased from $11061.87 to $8161.87 as compared to last week.

Cambridge Technical Analysis (19 May 10)

See it for yourself and make your own judgement.

Support/Resistance:
The chart has no strong movement since last two weeks. If the uptrend continues, it may hit $0.63 which is the next resistance point..

Indicators:
Looking at the MACD, RSI and Stochastic, the three indicators are very high which might it is not a good buying opportunities.

My Target Price:
My first target sell price is $0.66. My second target sell price is $0.72

Please note that I am using TA to position myself for long term investing and not to predict the direction of the market.

DBS Technical Analysis (18 May 10)

Support/Resistance:
As mentioned last two weeks ago, double top may be forming and there is a chance that the price will drop to the uptrend support line at $14.00. The price is now getting closer to $14.00. If it breaks $14.00, there might be a chance to test the $12.50 major support. Major resistance is at $15.80.

Indicators:
Looking at the MACD, RSI and Stochastic, these three indicators have going down. There might be a lack of buying momentum, so be careful if you are buying now.

My Target Price:
Target buy price will be $12.50.

Please note that I am using TA to position myself for long term investing and not to predict the direction of the market.

Capitaland Technical Analysis (17 May 10)

See it for yourself and make your own judgement.

Support/Resistance:
The chart has formed a double top pattern at around $4.45. After the double top or "M" pattern, it has formed a bear flag and fall again at around $3.60. If $3.70 support is unable to recapture in the next two weeks, there is a possibility of further sell down.

Indicators:
Looking at the MACD, RSI and Stochastic, these three indicators should a lack of buying momentum. There are 4 period of high volume sell down which can mean that unloading might have taken place. Be extra careful if you are buying now.

My Target Price:
My target buy price will be $2.70.

Please note that I am using TA to position myself for long term investing and not to predict the direction of the market.

Bought 2 lots of Singtel @ $2.93 on 17 May 10

I have bought 2 lots of Singtel @ $2.93. So total I have 9 lots in cash and 5 lots in CPF now.

My stock gains/losses from Oct 09 to 14 May 10

No changes in my portfolio this week. Total gain has increased from $9291.87 to $11061.87 as compared to last week.

SingPost Technical Analysis (12 May 10)

See it for yourself and make your own judgement.

Support/Resistance:
Major resistance will be at $1.17 and it seems that it is going to test it.

Indicators:
Looking at the MACD, RSI and Stochastic, the three indicators are very high for quite a while already. It is not a good buying opportunity.

My Target Price:
My target sell price will be $1.17. I am looking to sell all my holdings at $1.17. However if it falls to $1.01, I will be buying a few lots.

Please note that I am using TA to position myself for long term investing and not to predict the direction of the market.

Singtel Technical Analysis (11 May 10)

See it for yourself and make your own judgement.

Support/Resistance:
The chart has went down below major support at $3.00. But there is no confirmation of a break down yet. The chart is still forming a very big symmetric triangle. It is still unknown whether it will break up or down. The major resistance will be at $3.25.

Indicators:
Looking at the MACD, RSI and Stochastic, it may not be a best time to buy or sell in my opinion.

My Target Price:
My target sell price will be $3.50.

Please note that I am using TA to position myself for long term investing and not to predict the direction of the market.

Starhub Technical Analysis (10 May 10)

Support/Resistance:
Two weeks ago, I mentioned that the graph is at top of the uptrend parallel lines and it will not be a good buying opportunity. The chart has actually fell from that point. There is a possibility that the chart might test the support at $2.00. The major resistance will be at $2.80.

Indicators:
Looking at the RSI, MACD and stochastic, these three indicators are still high, which mean that it will not be a good buying opportunity.

My Target Price:
My target buy price will be $2.01.

Please note that I am using TA to position myself for long term investing and not to predict the direction of the market.

STI Technical Analysis (9 May 10)

Support/Resistance:
As mentioned in two weeks ago, I mentioned that the chart might fall to test the support at 2750. It did happen and double top pattern might be forming. The next major support will be at 2660.

Indicators:
Looking at the MACD, RSI and Stochastic, the three indicators are above the half way point, so it may not be a good buying opportunity.

My Target Price:
If the index reaches 2660,I will buy some shares.

My stock gains/losses from Oct 09 to 7 May 10

No changes in my portfolio this week. Total gain has decreased from $11391.87 to $9291.87 as compared to last week.

Cambridge Technical Analysis (5 May 10)

See it for yourself and make your own judgement.

Support/Resistance:
The chart has no strong movement since last two weeks. If the uptrend continues, it may hit $0.63 which is the next resistance point..

Indicators:
Looking at the MACD, RSI and Stochastic, the two indicators are going uptrend. MACD is going uptrend.

My Target Price:
My first target sell price is $0.66. My second target sell price is $0.72

Please note that I am using TA to position myself for long term investing and not to predict the direction of the market.

DBS Technical Analysis (4 May 10)

Support/Resistance:
As mentioned last two weeks ago, double top may be forming and there is a chance that the price will drop to the uptrend support line at $14.00. Major support is at $12.50 and Major resistance is at $15.80.

Indicators:
Looking at the RSI and Stochastic, these two indicators have gone up. However MACD is unchanged. It is not a good buying or selling opportunity.

My Target Price:
Target buy price will be $12.50.

Please note that I am using TA to position myself for long term investing and not to predict the direction of the market.

Capitaland Technical Analysis (3 May 10)

See it for yourself and make your own judgement.

Support/Resistance:
The chart has formed a double top pattern at around $4.45. After the double top or "M" pattern, it has formed a bear flag and fall again at around $3.70. If $3.70 support is unable to hold, there is a possibility of further sell down.

Indicators:
Looking at the MACD, RSI and Stochastic, these three indicators should a lack of buying momentum. There are 4 period of high volume sell down which can mean that unloading might have taken place. Be extra careful if you are buying now.

My Target Price:
My target buy price will be $2.70.

Please note that I am using TA to position myself for long term investing and not to predict the direction of the market.

Seven Habits of Highly Profitable Investor 3: First Thing First

We must recognize the importance of doing the "First Thing First" so that we can make fewer mistakes in our investment. I have come out with a simple three steps guide on what are the things to do first. Skipping any step might increase your chance of losing money.

Step 1) Always do a fundamental analysis (FA) first before investing in any stock.

Step 2) If the fundamental of the stock is good, proceed to plan for a strategy on when to buy it. In my opinion, averaging is a good strategy that I am adopting. Always make sure you have enough money for your strategy.

Step 3) Check whether the current price of the stock is low or high. Don’t be too anxious to buy any stock without doing some simple technical analysis (TA). Though I don’t believe that TA can tell us whether the stock will go up or down, in my opinion, it can be a good guide for determining the best points to buy or sell.

Please note that if you don't know FA and TA, then your first thing to do now is to learn them from books or internet.