CSI System Scan
Position Trading using MetaStock CSI system scan:
Conditions for entry are occurrences of the Green Ribbon, Blue Bar and Buy Arrow:
For Ezra, another buy signal has occurred again and a possible entry point is at 1.44 and exit (ie stop loss) is at 1 or 2 bids below 1.36.
Singapore STI - 24 July 2009 & CSI Scans
STI weekly chart - STI has now broken back above the uptrend line. Observed that even though volume over the last 3 weeks is convergent with the increase in price, there is actually a divergence on a slightly longer time period (shown by the black arrowed lines). Usually this indicates weakness in the rally.
Position Trading using MetaStock CSI system scan:
Charts of a couple of the above scanned stocks:
Wheelock Prop:
Keppel Telecom:
Singapore STI - 20 July 2009
STI daily chart - broke resistance of 2424. The 20MA and 50MA turning up again. Likely to remain bullish this week.
Singapore STI - 17 July 2009
STI weekly chart - In process of forming double top? Just got to wait and see. 20MA just crossed the 50MA though.