Yangzijiang broke out of the flag pattern , I posted on YangZiJiang previously .
Yangzijiang broke out of the flag pattern , I posted on YangZiJiang previously .
STI has ran up since last week, short term may consider to lock-in some profit. For long term, I think still bullish.
If Singapore Exchange - SGX break 200MA tells us it may go higher as 50MA and 20MA are turning up as well. Singapore Exchange Limited operates as an integrated securities and derivatives exchange in Singapore. When the bulls is running, SGX takes place to run too as more people trade.
Resource more,Click Here!
I have been spending little time on Metastock recently due to other priorities like building my remisier team. So this Christmas ,I went on overdrive on Metastock.
One of the things I did was to design a trading system which is popular in Singapore.It is call the peak and trough system. It look similar to a Darvas box so I decide to tweak Darvas box code .
On top of just giving the indicators,I also program the expert advisor which will give you the arrow when to buy and sell.It also highligh the candlestick blue when it break out of the box. When it is time to take profit it will show a red exit signal and also the candlestick will turn red.
Below are a few example of my work .

Recently , I did a $10 seminar on chart patterns, just want to update those who came for the seminars .
One of the high probability patterns we talk about is the triangles. Below is an example of triangles. There are some more of such seminar coming up so do look out for the blog
I bought some Beng Kuang at 0.335 , cutloss 0.315 , time stop 5days.
I am also looking to expand my clientele , please feel free to drop me a email http://www.collinseow.com/contact-us/
Resistance 2311 support 2200, 2100 , short term 20 MA start to turn down . Price now below 20 and 50 MA. 100SMA is around 2000 but sloping up .
Weekly chart show downtrend line broken support turn resistance . Volume has drop significantly. Consolidation in weekly chart.
DISCLAIMER : This web-site is not associated with Phillip Securities Pte Ltd or any other entity in the Phillip Group of Companies (collective, the "Group). Any views, opinions, references or other statements or facts provided in this web-site are personal views of Collin Seow and are not supported, sanctioned or endorsed in any way by the Group.