My stock gains/losses from Oct 09 to 30 Jul 10

No changes in my portfolio for this week. Total gain has increased from $14921.81 to $16241.81 as compared to last week.

Cambridge Technical Analysis (28 Jul 10)

See it for yourself and make your own judgement.

Support/Resistance:
The chart has not shown any major movement in the last two weeks. The major support will be at $0.46 and the major resistance will be at $0.73. I think that there might be a big movement in the next two weeks.

Indicators:
Looking at the MACD, RSI and Stochastic, the three indicators have little changes as compared to last two weeks. There is no clear buying or selling signal.

My Target Price:
I might be selling some lots at around $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.

My Crazy STI prediction from now to end of 2010

Based on the fibonacci lines, we can see that currently we are hitting the major resistance at the 2970 (61.8% of fibonacci retracement). From Jan 2010 to Jul 2010, we can see the STI might be forming a Bull Flag consolidation between 2680 and 2970. Successful breakout of 2970 level might lead a path to 3900 level by the end of 2010.

This is the third time that the STI is testing 2970 since Jan 10. If this time, it fail to capture the 2970, we might see a major sell off all the way to 2100 (forming Head and shoulder formation instead of bull flag consolidation).

In conclusion, STI might goes up or down 900 points from this point onwards. I am quite in favour that STI will reach 3900 as we can see that it is still above the 50 weeks moving average. However we should be very careful that if it happen to break below it. My take is leave some cash if STI happen to reach 2100 and then buy at that level.

My stock gains/losses from Oct 09 to 23 Jul 10

Since Cambridge has already XD during this week, I have added the dividend to be received into the table. I have also sold 10 lots Starhub for a profit and bought 7 lots of Singtel. Total gain has decreased from $15341.87 to $14921.81 as compared to last week.

Singtel Technical Analysis (21 Jul 10)

See it for yourself and make your own judgement.

Support/Resistance:
The price still remained close to $3.00 in the last two week. However I believe that a big price movement is going to come soon. Resistance will be at $3.50 and Support will be at $2.75.

Indicators:
For MACD, RSI, these two indicators are at the mid point. Stochastic indicator is going up which may mean buying momentum is building up.

My Target Price:
It will be a good buy @ $2.75 and a good sell @ $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.

Will be receiving a dividend of $779.94 from Cambridge on 8 Sep 2010

Currently I am holding 55 lots of Cambridge in cash and 8 lots in CPF. As the dividend is 1.238 cents per share for the second quarter, I will be receiving a total dividend of $779.94 from Cambridge on 8 Sep 2010.

Sold 10 lots of Starhub @ $2.34 and bought 7 lots of Singtel @ $3.08 on 19 Jul 10

I have sold 10 lots of Starhub @ $2.34 and bought 7 lots of Singtel @ $3.08 on 19 Jul 10 using cash. So I don't have any lot for Starhub, and I have total of 23 lots of Singtel.

My stock gains/losses from Oct 09 to 16 Jul 10

No changes in my portfolio this week. Total gain has increased from $13671.87 to $15341.87 as compared to last week.

Cambridge Technical Analysis (14 Jul 10)

See it for yourself and make your own judgement.

Support/Resistance:
The chart has gone up a bit as compared to last two weeks. The major support will be at $0.46 and the major resistance will be at $0.66. I think that there might be a big movement in the next two weeks.

Indicators:
Looking at the MACD, RSI and Stochastic, the three indicators have little changes as compared to last two weeks. There is no clear buying or selling signal.

My Target Price:
I might be selling some lots at around $0.66.

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 (13 Jul 10)

Support/Resistance:
Seem that the chart is going to test the major resistance at $15 again. If the chart is able to break through $15 and hold it for one or two weeks, we might be seeing further upside, possibly to $20. However if it failed, the chart might fall to $12.00

Indicators:
Looking at the MACD, RSI and Stochastic, these three indicators are near to mid point so there is no lead to any direction.

My Target Price:
Target buy price will be $12.00.

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 (12 July 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 $3.50. Currently there is no confirmation of further sell down. If sell down continues, it may fall to next major support at $2.70. If the major support at $3.50 is held successfully, it may go up to test the major resistance again at around $4.40.

The chart in the long run might be forming a major inverted head and shoulder pattern. The right inverted shoulder might be in the midst of forming.

Indicators:
Looking at the MACD, RSI and Stochastic, these three indicators show a lack of buying momentum. It may be good to start accumulate at this level.

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 9 Jul 10

No changes in my portfolio this week. Total gain has increased from $13196.87 to $13671.87 as compared to last week.

SingPost Technical Analysis (7 Jul 10)

See it for yourself and make your own judgement.

Support/Resistance:
The major resistance will be at $1.17 and the major support will be at $1.05.

Indicators:
Looking at the MACD, RSI and Stochastic, the three indicators are starting to go down, which mean that there might be a further sell down.

My Target Price:
My target buy price will be $1.05.

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 (6 Jul 10)

See it for yourself and make your own judgement.

Support/Resistance:
As mentioned in the last two weeks ago, the price has been remained close to $3.00 for quite a while. There is still no confirmation on breaking out the symmetric triangle. I believe that a big price movement is going to come soon. Major Resistance will be at $3.50 and major support will be at $2.50.

Indicators:
For MACD, RSI, Stochastic, these three indicators are showing mixed signal.

My Target Price:
It will be a good buy @ $2.50 and a good sell @ $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 (5 Jul 10)

Support/Resistance:
A new uptrend parallel lines may be forming. The chart might be forming a bull flag pattern now. Using the new uptrend parallel lines, the chart may be reaching the major resistance of $2.80.

Indicators:
Looking at the RSI, MACD and stochastic, these three indicators are at the mid point, which may mean that it is not a good buying or selling opportunity.

My Target Price:
I have accumulated 10 lots at around $2.12. If the price has a chance to drop to $2.00, I will be buying more. If the price reaches $2.80, I will be selling some lots.

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 (4 Jul 10)

Support/Resistance:
A major movement should be expected very soon in this or next month. If the chart is able to break the major resistance at 3000, we may be seeing upside to 3250. However, if the chart falls below the major support of 2650, we may be seeing downside to 2250.

Indicators:
Looking at the MACD, RSI and Stochastic, all the three indicators are near to mid point, which may mean that there is no oversold or overbought situation at the moment.

My stock gains/losses from Oct 09 to 2 Jul 10

This week, I have bought two more lots of Singtel using cash. Total gain has increased from $12081.87 to $13196.87 as compared to last week.