resistance

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Ernest’s market outlook (27 Jan 17)
Ernest’s market outlook (27 Jan 17) 1363 176 Ernest Lim's Investing Blog

Dear all, Happy Chinese New Year! How is your Rooster Year so far? S&P500 and STI reached near, or at my near-term resistances. What’s next?   S&P500 Just to recap…

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Ernest’s market outlook (13 Jan 17)
Ernest’s market outlook (13 Jan 17) 1920 1032 Ernest Lim's Investing Blog

Dear all, STI performs to my expectations as it heads towards 3,040 (my eventual technical measured target price which I mentioned previously). What’s next? For the charts analysis below, you…

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Sapphire – disposal of Mancala, implications and updates (30 Dec 16)
Sapphire – disposal of Mancala, implications and updates (30 Dec 16) 1920 1032 Ernest Lim's Investing Blog

On the last trading day of the year, Sapphire Corp announced that it has entered into conditional sale and purchase agreements (collectively, the “SPAs”) with each of China Vanadium Titano-Magnetite…

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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 (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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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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Sino Grandness – on the verge of testing critical supports (26 Sep 16)
Sino Grandness – on the verge of testing critical supports (26 Sep 16) 1920 1032 Ernest Lim's Investing Blog

Sino Grandness has slumped 45% from an intraday high of $0.785 on 7 Jun 2016 to $0.435 on 26 Sep 2016. Sino Grandness has broken its support at $0.450 on…

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