SGX

Singapore Exchange (SGX) - 26th Dec 2015

From TA piont of view it is hovering on a neutral / consolidation mode as reflected on the chart with both 14 SMA(Red line) & 25 SMA(Blue line) line staying flat/straight line position.

MACD indicator is staying above 0 which may provide some positive indication for share price to head higher. It will need to breakout $7.70 with strong volume in order for it to trigger the changing of trend to move upwards. Breaking out of $7.70 may see it rises to $7.90.

If price dropped below $7.53 then perhaps this uptrend mode may not follow-through.
(trade/invest base on your own decision)

Capitaland

Capitaland - 25th December 2015

Capitaland from TA point of view is on a short term uptrend mode as reflected on the chart with a nice breakout of $3.30 yesterday.

Both MACD & RSI are rising upwards which will provide further drive to push the share price higher.

Also the current price of $3.33 is above the 14 SMA & 25 SMA which is inline of supporting the price of heading higher. 

Short term may expect price to head higher towards $3.50 then $3.58.

If the price dropped below $3.26 then perhaps the uptrend mode may not follow-through.

(trade/invest base on your own decision)

Wealth Attraction  ,  Trade Strategy

Noble Group

Noble Group - 24th December 2015

From TA point of view, Noble seems to be on a short term uptrend pattern as reflected on the chart.
Both MACD & RSI are rising higher which is rather positive to drive the share price further.
The 14 SMA line has just crossed over 25 SMA line which indicate further price rises is on the right track.

Short term looking forward to see the price head higher towards 51.5 cents then 56 cents.
If the price dropped below 44 cents then perhaps will not see this follow through.
(trade/invest base on your own decision)
  

Cosco Singapore

Cosco Corporation (S) Ltd - 24th December 2015

Cosco has been going higher and higher for the past few days since 18th December from 29 cents to 53.5 cents. The prices went up for the past 5 days has been overly extended.
People are merely chasing for the share prices for betting that the parent company may announce some good news to support the company.
Today - 24th December it has formed a doji and closed high at 51.5 cents. From TA point of view, it seems that it has to take a breather /retreat before loosing steam. If not, it may fail and the price will come down drastically in time to come. Kindly trade with extra cautious(trade /invest base on your own decision).
Well. The prices is basically up mostly based on speculation. End of the day, when reality kicks-in prices will start to reflect the true nature of the business/faith when company announcing its Full Year result which is expecting to announce a significant net loss for its FY2015 Results on 19th February 2016:

quote "The Board is of the view that the 4Q2015 Results and its FY2015 Results will show a significant net loss as compared to earnings recorded in the corresponding period of the previous financial year. The expected significant net loss is mainly attributable to (i) the continuing depressed state of crude oil prices which has had an adverse impact on the global offshore marine industry, (ii) the slump in the shipbuilding market which has negatively impacted the Company’s shipyards; and (iii) the languid dry bulk shipping market which has brought great pressures to the Company’s dry bulk fleet operations. As a result of adverse market conditions, in fourth quarter ending 31 December 2015, the Company’s shipyards incurred writedowns of certain inventory and provisions for impairment of trade receivables for certain contracts, which are deferred or may potentially be cancelled.

Cosco

Cosco - 28th July 2014 - Cosco seems to have bounced off from the low of 70 cents and risen up to close at 71 cents as of 25th July 2014. All 3 indicators such as MACD, Stochastic & RSI are pointing upwards which is rather positive. Looking good for it to cross over 73 cents with good volume that may drive the share prices higher towards 76.5 cents then 79.5 cents.(trade base on your own decision)

NOL

NOL -26th July 2014 - NOL had a nice thrust bar on 24th July 2014 and closed well at 96.5 cents couple with high volume this is generally positive. Looking good for it to rise to 99 cents soon.(trade base on your own decision)

NOL -12th July 2014 - NOL form a Hammer on last Friday 11th July 2014 as reflected from TA point of view. The selling volume has almost drying out. At 93.5 cents which is slightly below its NAV of 94 cents present a golden opportunity to accumulate at this good value price. Both MACD & Stochastic is showing oversold indication. RSI is showing sign of turning upwards which is generally quite positive. Wait for the next confirmation signal for it to close above 93.5 cents and generally risen up towards $1.00 then $1.05.(trade base on your own decision)


NOL - 3rd June 2014 - NOL is still in a consolidation mode from TA point of view. It is still hovering between 96.5 cents to $1.00. Both Stochastic and MACD are showing sign of a positive divergence. This may lend support of driving the share prices to move up higher towards $1.00. Breaking out of $1.00 with high volume that may go higher to test $1.035 then $1.10(trade base on your own decision).

NOL - 20th May 2014 - NOL seems to be in oversold position as reflected from TA point of view. Stochastic is showing sign on turning upwards which is quite positive. Think it will be good to consider to accumulate from 95 cents price level. I think the same pattern may be repeated again from previous low of 94 cents. Short term is more likely to move upwards to test $1.035 . (trade base on your own decision)