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: 24 Jun 10.

Thursday, June 24, 2010

LONDON (AP) -- World stock markets mostly fell Thursday after the U.S. Federal Reserve struck a note of caution in its latest assessment of the world's biggest economy, indicating Europe's debt crisis poses a risk to the recovery. Read full article here.

AIMS AMP Capital Industrial REIT:  Bollinger bands continue to narrow. Flat 100dMA is providing support at 21.5c. Rising 20dMA seems set to form a golden cross with the 50dMA. OBV is steady and MFI's decline halted just below 50%. Keeping an eye on this counter for a possible impending upmove.




SPH: Since selling away some shares at $3.82 and $3.88 on 18 June, I have been watching this counter, looking for signs of a reversal. Today, it closed at $3.79 on lower volume. The uptrending MFI suggests that the sell down lacks conviction, perhaps. OBV is flattish.  So, I have put in a buy order at $3.74 where we find the rising 200dMA.  This is a hedge.  Remember, the 200dMA support was compromised for a few sessions a few weeks back and this could happen again.




LMIR: A gravestone doji. MFI formed a lower high and dipped under 50%. OBV is flat. Negative divergence between price and volume still very obvious. 48c is reasserting itself as the immediate resistance. Bollinger bands are narrowing. Will the price go up or down? Hard to say but the negative divergence is worrisome and I am not adding to my long position here.






Related post:
Charts in brief: 23 Jun 10.

0 comments:


Monthly Popular Blog Posts

All time ASSI most popular!

 
 
Bloggy Award