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”)…
read moreDear 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? …
read moreDear 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…
read moreDear 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),…
read moreSince 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…
read moreStarhub 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…
read moreDear 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…
read moreChiwayland 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…
read moreSapphire 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…
read moreDear 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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