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I'm a Singaporean. The purpose for all my blogs is to share my life experiences in Singapore.

My Lessons on Investment

What are Shares, Unit Trust and ETF?
See which investment instrument is suitable for you.
What are Preference Shares?
It is different from the common shares.
How to invest using your CPF saving?
Enhancing your retirement saving
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You still can invest if you can save $100 per month
How to buy gold in Singapore?
Different ways of investing in Gold.
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Having a winning strategy is important
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Peace of mind after buying shares?
Reasons on sleepless night after buying shares
Things to avoid in stock market.
Don't attempt to try these even you are an expert
My favorite quotes from Warren Buffett
Very meaningful and useful investment quotes
Buying stocks based on price and value
This is the method I use when buying stocks
Investor, Traders and Speculators Charts
Charts are affected by different players in the markets
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My own investment rules and quotes
The Goose That Laid the Golden Eggs
Protect them at all costs
Dealing with Market Randomness
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Who can be trusted in the market?
Beware of people who give you tips
Why I am not afraid of losing money in my investment?
Know your own limits and rules of the game.

My Market Analysis

STI Index
Comparison between 1998-2000 and 2008-2000
STI Index movement
Prediction from Oct 2009 to 2011
GOLD VS SGD Chart
Reason Why Gold might be a good investment
EUR/USD 10 years chart
Will it go up or down?
Taiji Symbol VS S&P 500
S&P 500 25 years chart
True value of S&P 500
Based on dollar index from 1988 to 2009
US Dollar Index
Using Taiji to Analyse
S&P(2007 to 2009) VS NIKKEI (1990 to 1992)
Is there any similarity?

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Wednesday, June 9, 2010

SingPost Technical Analysis (9 Jun 10)

See it for yourself and make your own judgement.

Support/Resistance:
I have drawn a different trend lines for SingPost for this technical analysis. Looking at the trend lines, the chart has a possibility of hitting $1.04.

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. There are a lot of sell volume during last few weeks.

My Target Price:
My target buy price will be $1.05. Currently I have no lots for SingPost.

Please note that I am using TA to position myself for long term investing and not to predict the direction of the market.
Posted by Freedom Achiever at 10:47 PM

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