Market Update: 28 June 2014

OMG!

I didn't realize time flies without me knowing. Almost 1month i didn't update my blog at all. Im SOOOO sorry to those who following me. I'm really busy on my Uni Mid term recently plus going through second surgery due to some complication on my first operation. Next will be facing through my Exam on August plus going to start my new job on the coming July. My schedule is really really very tight and pack. However I will never forget to squeeze out spare time every weekend (if possible) to update my blog. I treat this blog seriously as it is part of my trading journal. Without further ado let go through some charts for the up coming week.

STI: NO clear direction as for now. STill floating sideway. Thou from the chart, you can see it have touched the "red trend line", however it doesn't show a sign of bullish at all. Turn the chart to weekly, you can see a bearish engulfing. My advise, No action on STI till further clear direction show.

HSI: Have a very nice trend trading. It applied for those who trade HSI future too. Just follow the trend and place your Stop lost tight will do :)

Congent: Climbing stairs counter. Entry @ $0.455, SL $0.43/$0.435

Ezion: Just a reminder for those long term Ezion investor. Since after so long, Ezion have once again trade under 200d MA. Does it show a bearish sign for Ezion? Beware.

Tat Hong: I do remember introduce this counter before. What a nice climbing stairs counter. Are you keen to climb together?

SGX: Everyone watching WORLD CUP? No one have mood to trade the market. However it maybe a good time for those who trade side way. Buy low, Sell high.


Overall: World Cup make the market boring especially on STI. Most of the counters are trading side way. However there are plenty of opportunity to earn (futures/forex) depending what type of trader/investor are you. I will like to apologize in advance if i really got no time to update my blog due to my work and part time Uni. However for those who have questions or keen to learn more about TA. Feel free to drop me an email. I will reply you ASAP.


You are remind to trade base on your own risk. Plan and Trade well :)