My stock gains/losses from Oct 09 to 29 Oct 10

No changes in my portfolio this week. Since Cambridge has XD, I have added a total dividend of $319.41 to my table above. Total gain has increased from $19420.21 to $20424.62 as compared to last week.

Cambridge Technical Analysis (28 Oct 10)

See it for yourself and make your own judgement.

Support/Resistance:
The chart has gone down to $0.545 but it is still on the support of the uptrend parallel lines. The major support will be at $0.46 and the major resistance will be at $0.72. 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 are all above their mid points. This may mean that the shares are overbought currently.

My Target Price:
I might be selling most of my lots at around $0.70.

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 $319.41 from Cambridge on 6 Dec 2010

Cambridge dividend will be XD on 27 Oct 2010. Currently I am holding 55 lots of Cambridge in cash and 8 lots in CPF. As the dividend is $0.00507 per share, I will be receiving a total dividend of $319.41 from Cambridge on 6 Dec 2010.

My stock gains/losses from Oct 09 to 22 Oct 10

No changes in my portfolio this week. Total gain has decreased from $20235.21 to $19420.21 as compared to last week.

Singtel Technical Analysis (21 Oct 10)

See it for yourself and make your own judgement.

Support/Resistance:
There is no confirmation of the breakout of the symmetric triangle yet. Major Resistance will be at $3.50 and Major Support will be at $2.75.

Indicators:
MACD, RSI and stochastic are showing mixed signals, so nothing to conclude from these indicators.

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.

SMRT Technical Analysis (19 Oct 10)

See it for yourself and make your own judgement.

Support/Resistance:
Not much different my last analysis. There is an obvious double top formation currently. In my opinion it is very bearish as the volume of the second top is much higher than the first top. I also mentioned in my last analysis that $2.01 is the first major support at the moment, and bear flag might be forming now. I am waiting for the chart to break the support at $2.01.

Indicators:
For MACD, RSI and Stochastic, these three indicators are going down, which is another bearish sign.

My Target Price:
I will be waiting for $1.70 to buy in some lots. In my opinion, this is still a very good stock with strong fundamental, but I am not buying at the current price. If the price never reaches $1.70, I will not buy at all.

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 15 Oct 10

I have bought 2 lots of Singtel shares @ $3.05 this week. Total gain has decreased from $20655.21 to $20235.21 as compared to last week.

Bought 2 lots of Singtel @ $3.05 on 15 Oct 10

Bought 2 lots of Singtel @ $3.05 on 15 Oct 10 using cash. So I have total of 25 lots of Singtel shares now.

Cambridge Technical Analysis (14 Oct 10)

See it for yourself and make your own judgement.

Support/Resistance:
The chart has continued to go up to $0.56. The major support will be at $0.46 and the major resistance will be at $0.72. 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 are all above their mid points. This may mean buying momentum is building up.

My Target Price:
I might be selling most of my lots at around $0.70.

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 8 Oct 10

No changes in my portfolio for this week. Total gain has decreased from $22640.21 to $20655.21 as compared to last week.

Singtel Technical Analysis (6 Oct 10)

See it for yourself and make your own judgement.

Support/Resistance:
The price has managed to go up to $3.2 but falls back to $3.1. Currently it is out of the symmetric triangle. But is it a true break out? We will see the confirmation in the next two weeks. Major Resistance will be at $3.50 and Major Support will be at $2.75.

Indicators:
MACD, RSI and stochastic are showing mixed signals, so nothing to conclude from these indicators.

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.

My Crazy STI prediction from now to end of 2010 (3 Oct 10)

As mentioned in my last analysis on july, I mentioned that STI is hitting the major resistance at the 2970 for the third time. And this time, it has finally broken the resistance and manage to hit 3100.

As we can see that possible bull flag pattern has already formed and it seems that it is quite bullish at the moment. And also we can see buy volume for the past few weeks. My crazy prediction is STI might be continue the uptrend parallel line and hit 4000 or it might break down from the uptrend parallel line and hit 2400.

My stock gains/losses from Oct 09 to 1 Oct 10

No changes in my portfolio for this week. Total gain has increased from $20860.21 to $22640.21 as compared to last week.