MetaStock CSI System Scan
Position Trading using MetaStock CSI system scan:
Another buy signal for Ezra - the 3rd over the last 7 days. Conditions for entry are the occurrences of Green Ribbon, Blue Bar and Buy arrow.
Singapore STI
STI had been traversing along the uptrend line for the past few days but moved slightly above it today and closed just above 2681 which is the Fibonacci 50% retracement of the 3906 to 1455 drop. Near term upside likely if it can stay above the 50% retracement level.
Singapore STI
STI broke below the uptrend line yesterday and it came back up to test it today. Will it break back above the uptrend line or head down towards 2540? We will just have to wait and see.
Penny stocks on the move
Top volume
Top gainers (%)
FTSE Fledglin
This has been a week where the penny stocks are the major movers. Chances are speculative plays are going on and this would mean caution is needed.
MetaStock CSI System Scan
Position Trading using MetaStock CSI system scan:
Conditions for entry are the occurrences of Green Ribbon, Blue Bar and Buy arrow
Another buy signal has occurred for Ausgroup again - the 4th in slightly over the period of 1 month. It broke above the resistance today and may continue rising based on the cup and handle pattern seen on the weekly chart that was posted earlier.
Swing Trade
20th Aug - MetaStock CSI System Scan
Today's CSI scan only showed 1 counter with a Buy signal - Ausgroup.
Possible entry at 0.655 and stop loss exit at 1 to 2 bids below 0.605.
Zooming out onto Ausgroup's weekly chart to have a larger perspective, we can see the formation of the Cup and Handle chart pattern.



