The email address in "Contact AK: Ads and more" above will vanish from November 2018.

PRIVACY POLICY

FAKE ASSI AK71 IN HWZ.

Featured blog.

1M50 CPF millionaire in 2021!

Ever since the CPFB introduced a colorful pie chart of our CPF savings a few years ago, I would look forward to mine every year like a teena...

Past blog posts now load week by week. The old style created a problem for some as the system would load 50 blog posts each time. Hope the new style is better. Search archives in box below.

Archives

"E-book" by AK

Second "e-book".

Another free "e-book".

4th free "e-book".

Pageviews since Dec'09

Financially free and Facebook free!

Recent Comments

ASSI's Guest bloggers

Charts in brief: 11 Jun 10.

Friday, June 11, 2010

CapitaMalls Asia: A trading halt in the morning was called for as the sale of three malls to its REIT in Malaysia was announced. The response to this announcement was vapid. The symmetrical triangle has yet to resolve itself while the negative divergence between price and volume is still quite obvious.









AIMS AMP Capital Industrial REIT: Closed at 21.5c. MACD continues its decline and looks set to leave positive territory. Rising MFI suggests positive buying momentum while a falling OBV suggests distribution.  This divergence could limit upside in the near term.




FSL Trust: The decision to wait and see even as the price plunged two sessions ago has paid off. OCBC Research has terminated coverage of all shipping trusts and DBSV has advised avoiding FSL Trust for now. Using Fibo lines, we see that closing at 37c today is at the 123.6% Fibo line and if this should give way, price could decline to 33.5c as the 138.2% Fibo line is at 33.7c.




Healthway Medical:  Formed a doji today, unable to break the high of 19c as volume declined.  MFI peeked into overbought territory while OBV has flattened. The doji is a reversal signal but it needs confirmation although the technicals support a reversal. A correction downwards should find support at 16c, a many times tested support in the past.







LMIR: Closed above 47c resistance but is met with resistance provided by the 50dMA at 47.5c.  The candlestick formed today is that of a hangman.  The negative divergence between rising price and declining volume is still valid.  LMIR is rising on weak technicals.


0 comments:


Monthly Popular Blog Posts

All time ASSI most popular!

 
 
Bloggy Award