STX OSV 23/07/2011

STX. Previous post is here.

The price is up 20c since the last time I posted this chart. Thats the difference between an uptrend and downtrend chart. Pattern target is 1.9 in the long term.

Posted below chart 1 month back.

PS: Just my personal view. I might be wrong.

Ziwo 02/01/2011

Ziwo breakout off the C&H and short term ascending triangle. Triangle measured tp is 46c.

STI 09/10/2010

Previous chart was posted here.

STI is on its way. Still bullish as expected.

Jaya 26/09/2010

Jaya.

Jaya 21/09/2010

Jaya breakout today.

STI 17/09/2010

STI broke out of the ascending triangle last week. Although volume not very high. Support around 3040. Estimated pattern target is 3450 in longer term.

Biosensors 18/09/2010

Biosensors. Hit the ascending triangle target with huge volume. Might still have few more cents in the coming. $1+ is not ruled out.

Kencana Agri 04/09/2010

KencanaAgri. Possibilities.

StraitsAsia 01/09/2010

SAR trading in uptrend channel. Also in an ascending triangle.

Biosensors 31/08/2010

Biosensors breakdown.

Biosensors 27/08/2010

Biosensors.

Biosensors 20/08/2010

Biosensors trading in an ascending triangle. Volume is building.

Nifty - 09/06/2010

S&P CNX Nifty breaking down.

SMSCI - 08/06/2010

SMSCI

SMSCI - 07/06/2010

SMSCI Breakout.

S&P 500 - 26/05/2010

Captimall - 28/04/2010

Breakout off ascending triangle $2 should be easy.

Z-obie 24/03/2010

Possibilities.

STI 28/02/2010

Apologies for the long absence. Attached latest STI chart.

STI 08/10/2009 - update

Previous post for STI is here.

Scenario 1: STI broke down below the ascending triangle and turned bearish. Price retraced back towards the triangle to create a throwback. If this scenario hold true it should go further down in the coming weeks.



Scenario 2: Another possibility of an ascending triangle in the formation as below. MA's have not yet turned down and we still have higher lows. Whether we create a higher high remains to be seen.



Although at this point any scenario might unfold, I remain a bit biased towards scenario 2 where the coming earnings season might carry the prices to new yearly high. In any case, I dont think the rally will last very long.