Monday, April 5, 2010


Wilmar Daily Chart

Looks like it has broken out!

Disclosure: Long

Friday, January 15, 2010

STI Weekly Summary

STI Weekly Chart

Based on the weekly chart, we can see that it is correcting its overbought action. No sign of this correction is over. I'm looking for STI to find support at 2850. Weekly chart still indicate the trend is up. Monthly chart indicates that this uptrend is not yet over.

Wednesday, January 13, 2010

Ezion (5ME)

Ezion Daily Chart

This one may have broken out from a symmetric triangle pattern. Most probably will continue its uptrend.

Disclosure: Long.

Friday, January 8, 2010

STI Weekly Summary

STI Weekly Chart

You can see that there is no major resistance until 3200-3300. Before STI can reach there, 3000 must be broken first. Since daily and weekly chart are overbought, expect a pullback before the next trust against 3000.

Wednesday, January 6, 2010

SGX (S68)

SGX Daily Chart

Consolidation could be over. May be resuming uptrend.

Disclosure: No positions.

Bad Ticker

What I hated most about SGX and HKSE is that their stock ticker makes no sense. 5 digits number for HKSE and 3 digits alphanumeric for SGX are both purely terrible. One look at the ticker and you don't know what company is it. You need to refer to the translation list to find out the answer. Of course, if you trade long enough, you can remember your favorite stock by its cryptic code. Just like my parents who can remember the 4D Tua-pek-kong book.

So, let me give out the stocks with warrants that are listed in SGX:
Agriculture -> First Resources, Indofood, Wilmar
Finance/Bank -> DBS, OCBC, UOB
Finance/Broker -> SGX
Casino -> Genting SP
Industrial -> Cosco, Keppel Corp, Midas, Sembcorp Marine, Yangzijiang
Mining -> StraitsAsia
Oil&Gas -> Ezion, Ezra
Property -> Capland, CDL, Capitamall Asia, Keppel Land, Yanlord
Retail -> Noble, Olam
Telco -> Singtel
Transport/Airline -> SIA
Transport/Shipping -> NOL

As you can deduce, the number of available warrants in SGX is many times less as compared to HKSE.