I will be sharing HSI, STI, GentingSP, GLP & Review UOL chart as for this coming week.
As for those who follow my blog closely. I believed I have pointed out the hammer showing in the weekly chart last week. Congrats to those who went long in HSI futures. Good $$. Let's hope it will reach the first target. (for those who missed the chance to enter since last week, do not chase the price. Is fine to miss a boat than capsize it)
STI: After saying it will be in ranging mode till either "green" zone give way, Last week the bull really step in! Once 3115 broke up, the bull run all the way to hit the first resistance @ 3165. As for this coming week, let monitor whether the bull will continue its way to 3200 or having a small pull back since it has been running for 6 continuous days.
Genting SP: A starting signal of bull stepping in. EP: Above 1.33, SL: $1.29: TP 3target show in the chart.
GLP: Will this anti trend work out? As we can see usually for a bearish trend to reverse into bull trend, we need to catch the crumbs of bull before the price run off. I have circle out how consolidation workout over GLP. Do monitor closely and plan your RR wisely if you really wish to enter an anti-trend position.
UOL: For those who shorted @ $6 or below (by following my previous call) I hope you have already cut lost after I mentioned UOL turning bullish since last week before it hit the stop lost i given @ $6.22
Currently UOL forming inverse H&S.
You are remind to trade base on your own risk. Plan and Trade well :)
Overall: STI have been bullish for the past few days, If you feel uncomfortable to enter any counter right now worry the pullback of STI will drag down your counters, do enter after a small pullback in STI will be safer.
No comments:
Post a Comment