Ezra
MetaStock CSI system scan for position trade shows buy signal for Ezra. Also noticed the formation of an ascending triangle. Trigger at 2.12 and stop loss at 1.99.
SIA Engg
MetaStock CSI system scan for position trades showed buy signal for SIA Engg. Trigger at 3.06 and stop loss at 2.91.
Fundamentals of Stock Trading seminar
AAT is conducting a seminar on Fundamentals of Stock Trading:
Date: 1st Dec 2009
Time: 7pm – 10pm
Venue: Alpha Alliance Training, 1 Sophia Road, #04-04, Peace Centre, Singapore 228149
Fee: $59
To register, please email chaileng@aatcourses.com with your name, email & phone number.
Please click here for seminar outline.
SembMar
STI
STI had climbed back above one of the recent uptrend lines (yellow line in above diagram) as well as closing just above the upper channel line shown in above diagram. Currently there seems to be more shorting opportunities in swing trades rather than long as it heads towards the psychological 2800.
Straits Asia
Metastock Swing scan showed potential Short trade for Straits Asia. Trigger at 1.94 and stop loss at 2.
Capitaland
Potential swing trade: trigger at 4.14 and stop loss at 4.03. Another possibility is the STS opportunity trade.
Olam and Comfortdelgro
Another couple of possible swing trades shown with Metastock's swing scan and the appearance of doji candlesticks.
Long for Olam: Possible morning doji star candlestick formation? Trigger at 2.65 with Stop loss at 2.57
Short for Comfortdelgro: Trigger at 1.53 and Stop loss at 1.59
Noble and Finaone
Metastock scan showed potential Swing trades for the following:
Noble: Trigger at 2.63 and Stop loss at 2.5.
Finaone: Trigger at 0.58 and Stop loss at 0.505.
The problem here is that currently the reward to risk ratio is not too good for both stocks. So likely to wait and see.
However may attempt to trade Finaone based on the hourly chart.
Ascott Reit
Metastock Swing scan showed potential swing trade for Ascott Reit. Trigger at 1.07 and Stop loss at 1.01.