What are the charts forecasting for 2011?

When I initially started out on Technical Analysis, I would see how seasoned chartists like Michael Kahn, Goola Warden and Daryl Guppy read the charts. So, I am excited that Daryl Guppy will be sharing his views on the stock market outlook for Singapore investors in 2011 very soon.

Daryl Guppy is a regular commentator on CNBC Asia and is known as 'The Chartman'. He is recognized globally for the quality of his analysis. He actively trades equities and associated derivatives markets. Daryl has also developed several leading technical indicators used by traders, and is recognized as an expert on China markets.

We can also learn how to use SiMSCI warrants to take a leveraged view on the Singapore market without the need to stock pick.

Register today at 
http://www.warrants.com.sg/en/seminar/seminar_e.cgi

More on SiMSCI warrants at
http://singaporeanstocksinvestor.blogspot.com/2010/11/best-way-to-trade-singapore-index.html

ADVERTORIAL

AIMS AMP Capital Industrial REIT: Firm support.

The last time I blogged about this REIT was on 29 Dec and I mentioned the rising MACD. This is still valid today. The MACD is rising gently and seems on the verge of crossing into positive territory. With the longer term 100d and 200d MAs both rising, it would seem to be a matter of time before the resistance at the 50dMA is taken out. This is at 22c.

The MFI has been forming higher lows and would be testing 50% once more. If it overcomes this, it would mean an expansion in volume at the current price of 22c or higher. This is one counter that has very limited downside and a nice probability of trading to 25c (for an 8% yield). In the meantime, at 22c, its distribution yield is about 9.1%. I am accumulating.

Related post:
AIMS AMP Capital Industrial REIT: Rising MACD.