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CWG chart looks strong, despite price consolidation (27 Dec 16)

CWG chart looks strong, despite price consolidation (27 Dec 16) 1920 1032 Ernest Lim's Investing Blog

CWG International Limited (“CWG”), former Chiwayland, closed unchanged at $0.156 on 27 Dec 16. Based on Chart 1 below, notwithstanding the recent price consolidation, all its exponential moving averages (“EMAs”)…

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Ernest’s market outlook (23 Dec 16)

Ernest’s market outlook (23 Dec 16) 1920 1032 Ernest Lim's Investing Blog

Dear readers, Two weeks ago, I mentioned that there is likely to be profit taking on the STI. STI has since fallen 85 points, or 2.9%. What lies ahead?  …

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Ernest’s market outlook (9 Dec 16)

Ernest’s market outlook (9 Dec 16) 1221 802 Ernest Lim's Investing Blog

Dear readers, STI has hit highs last seen on Apr and Jul 2016, powered by our local banks. Can this sustain? Read on for more.   S&P500 Index Just to…

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Ernest’s market outlook (25 Nov 16)

Ernest’s market outlook (25 Nov 16) 1920 1032 Ernest Lim's Investing Blog

Dear readers, S&P500 hits record high! Will STI follow suit? Read on for more.   S&P500 Index Just to recap what I have mentioned on 11 Nov 2016 (see HERE),…

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GSS Energy – Roller coaster share price, what’s up? (28 Nov 16)

GSS Energy – Roller coaster share price, what’s up? (28 Nov 16) 816 547 Ernest Lim's Investing Blog

Since my write-up on GSS Energy (“GSS”) dated 10 Oct 2016 (see HERE), GSS shares have surged 34% from $0.080 on 10 Oct 2016 to an intraday high of $0.107…

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Starhub – all time oversold, price near five year low (22 Nov 16)

Starhub – all time oversold, price near five year low (22 Nov 16) 930 140 Ernest Lim's Investing Blog

Starhub has plunged 30.3% from an intraday high of $3.96 on 3 Aug 2016 to trade $2.76 today. This is near a five year low.   What has caused the…

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Ernest’s market outlook (11 Nov 16)

Ernest’s market outlook (11 Nov 16) 1171 168 Ernest Lim's Investing Blog

Dear readers, Notwithstanding most experts’ dire predictions that Dow may plunge as much as 10% on Trump’s win, Dow closed at a record high AFTER Trump’s win! Read on for…

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Chiwayland – potential upside chart breakout (4 Nov 16)

Chiwayland – potential upside chart breakout (4 Nov 16) 1920 1032 Ernest Lim's Investing Blog

Chiwayland has dropped from an intraday high of $0.177 on 10 Oct 2016 to trade to an intraday low of $0.151 on 2 Nov 2016. It closed at $0.162 on…

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Sapphire – profit taking likely to taper off (17 Oct 2016)

Sapphire – profit taking likely to taper off (17 Oct 2016) 1920 1032 Ernest Lim's Investing Blog

Sapphire reached $0.365 on 10 Oct 2016, one bid below my measured eventual technical target of $0.370. Since then, it has fallen 14% to $0.315 on 17 Oct 2016. Will…

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Ernest’s market outlook (14 Oct 16)

Ernest’s market outlook (14 Oct 16) 1920 1032 Ernest Lim's Investing Blog

Dear readers, Although my market outlook is a biweekly issue, the technical outlook for some technical indices has deteriorated and I view it timely to update my clients. See below.…

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