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Showing posts with label triangle. Show all posts
Showing posts with label triangle. Show all posts

Sunday, July 11, 2010

DBS 11/07/2010

DBS. Triangle breakout. But facing resistance at the channel trendline. Expecting a throwback.

Friday, July 2, 2010

Kepcorp - 02/07/2010

Kepcorp triangle breakdown. Now at important support. If break it could be a bear flag.

STI 02/07/2010 - update

Intraday update.

STI is still trading in the blue uptrend channel. It has created a flag at closing. Also a small triangle formation. A break above might see it trade up in the same channel.

STI 02/07/2010 - update

STI Intraday update

Yesterday it breakout of the triangle for 2855-2865. Now in short term uptrend channel. Facing resistance at the upper trend line. Need to hold 2833 today.


STI intraday update.

Monday, June 28, 2010

Jaya 28/06/2010

Trading in uptrend channel.




Trying to breakout.

Kepcorp - 28/06/2010

Looks very interesting. Possible triangle and Cup and Handle.

Armstrong 28/06/2010

Armstrong is trading at the upper line of the channel on hourly which is providing resistance.



Watch the breakout on either side of the triangle.

Yanlord 28/06/2010

Yanlord has a triangle formation on 30 mins. Need to break the upper line for further upside.




Closer look.

Friday, March 19, 2010

Thursday, August 13, 2009

Kepcorp 13/08/2009

Previous update for Kepcorp is here.
A possible C&H formation in the making on the daily. A break above the neckline can give the estimated target of 10.45.


On hourly, we see a triangle being formed. A break above will see more upside.

Sunday, July 26, 2009

F and N 26/07/2009

F&N had a busted breakout of the triangle in June. It reversed strongly and brokeout upside recently. It has now created a pennant and it needs to break the upper pennant line for more upside.

Wednesday, July 8, 2009

SGX 08/07/2009

SGX Daily chart. It has formed a descending traingle. Breakdown below will see further sell off.




SGX 60mins chart. On hourly chart, SGX has broken below the triangle and currently forming a broadening wedge.

Sunday, March 15, 2009

GBP/JPY 15/03/2009

GJ has been trading in a tight range on 5 mins chart. Nice triangle formation too. We may see a break-out of the triangle as we near the apex.

Thursday, March 12, 2009

S&P 500 12/03/2009 - Possibilities

S&P 500 had a Head and Shoulders pattern formation with a steep neckline.
Possibilities: Currently we can see retracement happening as the prices move back towards the neckline. The measured target price is 772, there will be some resistance around 743 though.




This is just the possibility looking at the chart pattern. The ultimate formation could turn out to be completely different too.

Tuesday, March 10, 2009

NOL 10/03/2009

NOL had a perfect triangle formation and a breakout.
Today we have a high volume sell down due to the rights issue. If the price goes above todays low, we may see some small recovery. The risk remains very high though. I would suggest you to stay out if you are not the type who can cut loss easily.

Wednesday, February 25, 2009

SPC 25/02/2009

SPC is currently consolidating. It has formed a triangle on a daily chart. If it breaks the triangle upwards, we may see more upside towards the uptrend line. This will be invalidated if it breaks the triangle downwards.




My personal view only. Trade with caution.