STI Technical Analysis (Monthly Chart)

The chart is currently at the support of the uptrend parallel lines. We can see that the chart has been consolidating since Nov 09 till now. It looks like a bull flag pattern to me. I believe that there will be a major movement in the market very soon. The major resistance now is 3000, if the index is able to break the resistance, we might see 4000. The major support now is 2750, if the index is able to break the support, we might see 2000.

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

No changes in my portfolio for this week. Total gain has increased from $14779.81 to $15699.81 as compared to last week.

Cambridge Technical Analysis (24 Aug 10)

See it for yourself and make your own judgement.

Support/Resistance:
The chart has not shown any major movement in the last four weeks. 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 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 $0.70.

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 20 Aug 10

No changes in my portfolio for this week. Since cambridge dividend had XD on 18 Aug 10 and the dividend is between $0.006 to $0.007 per share , I will be receiving a total dividend of at least $378. Total gain has decreased from $16241.81 to $14779.81 as compared to last week.

Singtel Technical Analysis (18 Aug 10)

See it for yourself and make your own judgement.

Support/Resistance:
The price has fallen to $2.95 from the previous peak at $3.17. It is still not able to break out of the symmetric triangle. Major Resistance will be at $3.50 and Major Support will be at $2.75.

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

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 $378 to $441 from Cambridge on 16 Sep 2010

Cambridge dividend will be XD on 18 Aug 10. Currently I am holding 55 lots of Cambridge in cash and 8 lots in CPF. As the dividend is between $0.006 to $0.007 per share , I will be receiving a total dividend of $378 to $441 from Cambridge on 16 Sep 2010.

My stock gains/losses from Oct 09 to 13 Aug 10

No changes in my portfolio for this week. Total gain has increased from $15926.81 to $16241.81 as compared to last week.

Cambridge Technical Analysis (12 Aug 10)

See it for yourself and make your own judgement.

Support/Resistance:
The chart has not shown any major movement in the last four 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.

SMRT Technical Analysis (9 Aug 10)

See it for yourself and make your own judgement.

Support/Resistance:
Based on the chart, there is a obvious double top formation. In my opinion it is very bearish as the volume of the second top is much higher than the first top. $2.00 is the first support at the moment, and bear flag might be forming in the next few weeks. Second support will be $1.80 and third support will be $1.60.

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 $1.60 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.

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 6 Aug 10

This week Singtel's dividend has XD, which means that I will be receiving a total dividend of $1840 from Singtel on 27 Aug 2010. No changes in my portfolio for this week. Total gain has decreased from $16241.81 to $15926.81 as compared to last week.

Will be receiving a dividend of $1840 from Singtel on 27 Aug 2010

Currently I am holding 18 lots of Singtel in cash and 5 lots in CPF. As the dividend is 8 cents per share and 6 Aug 10 is the XD date, I will be receiving a total dividend of $1840 from Singtel on 27 Aug 2010.

Singtel Technical Analysis (3 Aug 10)

See it for yourself and make your own judgement.

Support/Resistance:
As mentioned in two weeks, I mentioned that a big price movement is going to come soon. Currently the price has went up to $3.15. Major Resistance will be at $3.50 and Major 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.