As promised, here is the analysis.

An inverted head and shoulders is much better than a normal head and shoulders, this is from a rally bullish point of view. When the inverted head and shoulders chart pattern remain valid will indicate that the price action remain bullish. This is good news for those traders, and investors whom have traded or invested on this counter.

Despite the market news and uncertainty, the HiSoft Technology has continued to rally.

In the last analysis, we were looking at whether the price action could break up 10.58 after the bigger bear trap. Now the price action is at 14.95.

The price action is now above 200 EMA after completed number of Gartley AB = CD chart patterns. Now the price action is again caught between 20 and 50 EMAs. Where will the price action go after this? Can the price action hit the high of 34 since the stock listed? Will see.

A picture is worth a thousand words; see the following charts for the analysis. It may appear completed at first but it is very clear and simple to understand. Have fun!

Welcome to Moses’s Free Stock Corner Stock Analysis at AmiBrokerAcademy.com. You are here because you want to know why the stock moves or will it move in the near future.

HiSoft Technology Weekly Chart

HiSoft Technology International, HSFT Weekly Chart Gartley AB=CD, Inverted Head and Shoulders

HiSoft Technology Daily Chart

HiSoft Technology International, HSFT Daily Chart Gartley AB=CD

By Moses April 9, 2012

Disclaimer

The above result is for education purpose. It is not meant to be used for buy or sell decision. We do not recommend any particular stocks. If particular stock of such is mentioned, they are meant as demonstration of Amibroker as a powerful charting software, what Technical Analysis is, some indicators such as MACD, Support and Resistance, and Moving Averages.  

Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here.

The chart may look complicated. Take your time to digest what’s commented on the chart.  Welcome to Moses’s Free Stock Corner Stock Analysis at AmiBrokerAcademy.com. You are here because you want to know why the stock moves or will it move in the near future.

This stock did not synchronize with STI. When Straits Times Index was down, this stock price action was still trusting up.

As mentioned in the previous posting that the price action 0.74 may be supported by the dynamic support formed by the two moving averages, 20 and 50 EMA. It did not disappoint us! The price action has back pulled number of times but get supported by a newly added 9 EMA.

The price action has finally break 0.8. The highest was 0.805. After that the price action start to range between 0.79 and 0.8. Can the price break a higher high or it will range for sometimes to cumulate enough energy? Will see.

You can see the price action has completed an inverted head and shoulders chart pattern and waiting for the right shoulder to break the neck line.

When you take a closer look, you could see a very vivid famous Gartley AB = CD buy chart pattern. The price action completed the pattern and rebounced sharply after 0.59. Another Gartley AB = CD sell chart pattern is evolving. Now has completed the AB and BC legs. Now the price action is travel north to complete the CD leg. When can the leg be completed? May be three to four months from now and finish at the price action near 1.  By then the price action will meet the other side of the channel too.

ED channel, equal distance channel is still valid. Can the price hits the other side of the channel? Will see.

Technical analysis is great, is fun. It analyses the market and predict where the price action might travel. But there is uncertainty. The market is live; there are many factors that influence the market.  There are resistance to stop the price action from travelling north. Trade with caution.

See other posts on Golden Agri on this website.

Golden Agri Resources Daily Chart, April 5, 2012

Golden Agri Resources Daily Chart, ED Channel, Gartley AB=CD, Inverted Head & Shoulders

By Moses April 9, 2012

DSICLAIMER

Information provided here is of the nature of a general comment only and no intend to be specific for trading advice. It has prepared without regard to any particular investment objectives, financial situation or needs. Information should not be considered as an offer or enticement to buy, sell or trade.  

You should seek advice from your broker, or licensed investment advisor, before taking any action.

Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own.

Welcome to AmiBrokerAcademy.com Moses’s Stock Corner.  Straits Times Index Analysis, last few weeks with the uncertainty Singapore stock market benchmark Straits Times Index, STI has been hovered around 3000 points’ level.

There were a few AB = CD chart patterns, or potential AB = CD to be.

Straits Times Index, STI Daily Chart and AB = CD

Straits Times Index Daily AB = CD March 30, 2012

Straits Times Index, STI Daily Chart and AB = CD plus Bearish Flag

Straits Times Index Daily Bearish Flag plus AB = CD

Moses, April 1, 2012

DSICLAIMER

Information provided here is of the nature of a general comment only and no intend to be specific for trading advice. It has prepared without regard to any particular investment objectives, financial situation or needs. Information should not be considered as an offer or enticement to buy, sell or trade.  

You should seek advice from your broker, or licensed investment advisor, before taking any action.

Straits Times Index, STI Update, STI Broke the 3000 points critical level. In the last update, I highlighted that for short term it is a bullish flag chart pattern but long term it may be a bearish flag chart pattern. I suggest that trade with caution. So, what’s next? Will the last candlestick turn into an evening start? Welcome to Moses’s Stock Analysis Corner at AmiBrokeracademy.com.

Welcome to Moses’s Free Stock Scan Corner Stock Analysis at AmiBrokerAcademy.com.

I suggest we should wait for the pattern to complete before we conclude the price action. Will the price break up the triangle? Or continue to be sideways?

Neptune Orient Lines Daily Chart

Neptune Orient Lines NOL Daily Chart - Sideways Still Valid - Break out from Triangle

By Moses March 15, 2012

DSICLAIMER

Information provided here is of the nature of a general comment only and no intend to be specific for trading advice. It has prepared without regard to any particular investment objectives, financial situation or needs. Information should not be considered as an offer or enticement to buy, sell or trade.  

You should seek advice from your broker, or licensed investment advisor, before taking any action.

Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own.

Welcome to Moses’s Free Stock Corner Stock Analysis at AmiBrokerAcademy.com. You are here because you want to know why the stock moves or will it move in the near future.

Have a look at the chart and the comment first. Will add more comment later. Have fun!

Golden Agri Resources Daily Chart

Golden Agri Resources Daily Chart - ED Channel Still Valid

By Mosese, 15 March 2012

DSICLAIMER

Information provided here is of the nature of a general comment only and no intend to be specific for trading advice. It has prepared without regard to any particular investment objectives, financial situation or needs. Information should not be considered as an offer or enticement to buy, sell or trade.  

You should seek advice from your broker, or licensed investment advisor, before taking any action.

Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own.

Welcome to AmiBrokerAcademy.com Moses’s Stock Corner.  With the good news influence the market. The Asia stock market emotion was high and most of the markets were good. Once again yesterday Singapore stock market benchmark Straits Times Index, STI has break the 3000 points level again, bounced off the strong support of the dynamic support given by first 50 days EMA then followed by the 20 days EMA.

In the last update, I highlighted that for short term it is a bullish flag chart pattern but long term it may be a bearish flag chart pattern. To read the post, check the posting out; Straits Times Index Update, Bullish Flag Chart Pattern? Bearish Flag Chart Pattern?

Many who have shorted the STI may get stopped out or trapped by the bear trap if they do overlook the critical level of 2900 and have not taken some profit. It is always so tricky that after the bull trap and now comes the bear trap. What will happen next?

Looking at the chart, you will easily find a nice morning start candlestick chart pattern formed and completed at the critical level 2900 points. A critical level is such as resistance turned support. Now will the yesterday candlestick become an evening star? Will see?

The pattern will only be obvious when it is near the completion. Now it is just at beginning of forming a pattern. What pattern?  Any pattern. May be bullish flag chart pattern? Or evening start candlestick pattern? But the truth is it has broken the 3000 points critical level again, in less than 16 days.

Trade with caution!

Straits Times Index, STI Daily Chart

 Bull Trap, Bear Trap, Bullish Flag Chart Pattern, Morning Star, and Evening Star are all in one chart. Either the pattern has completed or at the process of forming.

Straits Times Index Daily Chart, Bull and Bear Traps March 14, 2012

Straits Times Index Daily March 14, 2012

Thanks for visiting the site, you are here because you want to know why the stock moves.

By Moses, March 15, 2012

DSICLAIMER

Information provided here is of the nature of a general comment only and no intend to be specific for trading advice. It has prepared without regard to any particular investment objectives, financial situation or needs. Information should not be considered as an offer or enticement to buy, sell or trade.  

You should seek advice from your broker, or licensed investment advisor, before taking any action.

You caught in bull trap earlier and now you caught in the bear trap. The price fall and moved south after tested $0.79. It re-bounced quickly from $0.69. Is the equal distance channel valid?  Welcome to Moses’s Free Stock Corner Stock Analysis at AmiBrokerAcademy.com. You are here because you want to know why the stock moves or will it move in the near future.

The price action has re-bounced from the support $0.69, and try to break $0.75 in a short four days. Wow! It is a sharp re-bounced. This stock always has such as a great impulse move when it moves it moves fast and far (on the chart.)

The last time, it took nearly 20 days (January 9, 2012 to February 3, 2012) to test $0.74 level. The price has hovered at $0.74 and finally broken up.

Thereafter, the price was testing $079. It tested twice. It fails and the price retrace back lower.

If $0.69 is a good support and the ED, equal distance channel provide the strength to support it, can the price hits the other side of the channel? Will see.

If the ED channel valid, this will also mean the earlier analysis on bullish flag for longer term also valid!

See previous comment for more information. Check out Who Moved My Stock Price?

Golden Agri Resources Daily Chart, March 12, 2012

Bull Trap? Bear Trp? ED Channel?

Golden Agri Resources, E5H Equal Distance Channel - Bull Trap? Bear Trap?

Look out for the weekly Straits Times Index Analysis posting soon. US stock analysis, HiSoft Technology Stock Analysis coming soon.

By Moses March 13, 2012

DSICLAIMER

Information provided here is of the nature of a general comment only and no intend to be specific for trading advice. It has prepared without regard to any particular investment objectives, financial situation or needs. Information should not be considered as an offer or enticement to buy, sell or trade.  

You should seek advice from your broker, or licensed investment advisor, before taking any action.

Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own.

Did you moved the stock price? Up? Or Down? Sideways?

In last week Who Moved My Stock Price article we have covered that the stock price moves because of people, and you are one of them. You are influenced by the news and your emotion is affected by the market. You may sell to take profit because you worry the price is not sustainable at the same level or the worst may travel south. Or you may think it is a good stock to invest in and it is a good price to buy.

We probably have read the article on The Straits Times regarding Golden Agri Resources has dropped in it output and revenue, but this week the stock price has stopped traveling south and started to move north sharply. Why? It is the market emotion. The demand for the stock is still remain high after a week of drifting south. See stock chart for details.

If you want to know what you miss, see the last week posting for details – Who moved my stock price?

Golden Agri Resources Daily Chart

Golden Agri Resources, E5H Daily Chart, March 9, 2012

It is a good practice to assess your stock every few months. The objective is to understand the market characteristic and make two decisions, either continue to hold or exit soon.

Welcome to Moses’s Singapore Stock Analysis at AmiBrokerAcademy.com.  Thank you for visiting the site. You are here because you want to know why the stock moves or the stock will move in the near future.

By Moses, March11 2012

DSICLAIMER

Information provided here is of the nature of a general comment only and no intend to be specific for trading advice. It has prepared without regard to any particular investment objectives, financial situation or needs. Information should not be considered as an offer or enticement to buy, sell or trade.  

You should seek advice from your broker, or licensed investment advisor, before taking any action.

Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own.

It is exactly one month ago. I suggest we should wait for the pattern to complete before we conclude the price action. We have seen the price stop travel north and resisted at $1.50. Subsequently the price was hovering and retested $1.460 a few times. The price was supported at $1.330. The price is sideways and bouncing between $1.330 and $1.460 since then.

With the current sentiment that the market is not at NOL advantage, the sideways may stay.

Interested to know what I suggest a month ago. See the earlier posting for the last comment.

Neptune Orient Lines, NOL, N03 Daily Chart

Neptune Orient Lines, NOL, N03 Daily Chart, March 9, 2012

It is a good practice to assess your stock every few months. The objective is to understand the market characteristic and make two decisions, either continue to hold or exit soon. Trade with caution!

Welcome to Moses’s Singapore Stock Analysis at AmiBrokerAcademy.com.  Thank you for visiting the site. You are here because you want to know why the stock moves or when the stock will move in the near future.

By Moses March 11, 2012

DSICLAIMER

Information provided here is of the nature of a general comment only and no intend to be specific for trading advice. It has prepared without regard to any particular investment objectives, financial situation or needs. Information should not be considered as an offer or enticement to buy, sell or trade.  

You should seek advice from your broker, or licensed investment advisor, before taking any action.

Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own.

Welcome to Moses’s Free Stock Scan Corner at AmiBrokerAcademy.com.  Thank you for visiting the site. You are here because you want to know why the stock moves or which stocks will move in the near future.

This is March 9, 2012 Singapore stocks scan that has MACD bullish signal or bearish signal. The stock market benchmark, Straits Times Index closed at 2963.15 points. The bull and bear fight finally STI closed 7.23 points lower than the last closed. At least STI stay above 2950 points. Can STI stop drifting to south and start travelling north, will see!.

Technical Analysis

Straits Times Index still drift south, for 7.23 points and closed at 2963.15 points level.  For a shorter term, there is a bullish flag chart pattern, but if you move back and look again, there is a bearish flag chart pattern. Now whether is bullish flag or bearish flag, who will know? Will see!  See the Straits Times Index Update on March 11, 2012 for details.

If you are new here, please check the previous posting on Straits Times Index analysis.

March 9, 2012 MACD Scan Results

Eliminated stocks below $0.5.  Only 19 stocks have MACD bullish or bearish signal. Out of 19 stocks, 6 stocks have bullish MACD signal and 13 stocks have bearish MACD signal. These are script generated results, sorted by volume.

By Moses March 11, 2012

DSICLAIMER

Information provided here is of the nature of a general comment only and no intend to be specific for trading advice. It has prepared without regard to any particular investment objectives, financial situation or needs. Information should not be considered as an offer or enticement to buy, sell or trade.  

You should seek advice from your broker, or licensed investment advisor, before taking any action.

Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own.