CollinSeow.com - Singapore Remisier Stocks Blog on Singapore Stock Market » Chart Pattern

Midas – Triangle Breakout

Collin Seow — Mon, 12 Apr 2010 07:53:54 +0000

Midas Triangle Breakout , next resistance 1.26 Time for triangle to build up about 4months.

Trendline sloping up, moving average 20 above 40. CCI is high (Overbought) but this is a breakout trade.

Chart pattern Studies

Collin Seow — Fri, 25 Dec 2009 23:51:47 +0000

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

SPDR Gold Trust

Collin Seow — Wed, 04 Nov 2009 03:40:57 +0000

SPDR Gold Trust is A Gold Shares which is listed on the New York Stock Exchange Arca (NYSE Arca Ticker: GLD). Typically, investors will be able buy and sell Gold Shares through a standard brokerage account.

Gold Shares (NYSE Arca: GLD) are listed on the New York Stock Exchange Arca and trade the same way ordinary stocks do. It is possible to buy or sell Gold Shares continuously throughout the trading day on the exchange at prices established by the market. Additionally, it is possible to place market, limit and stop-loss orders of Gold Shares.

GLD did a triagle breakout today. It’s strong up trendline as 20MA and 40MA are slopping up. It may be a month trade.