Dbs

 Chart wise, looks like loosing steam and may see further weakness!

Short term wise, I think a broken down of the recent low of $24.93 level would be rather bearish/negative.

Breaking down of $24.93 plus high volume that may likely drive the price lower towards $24 then $23.66 with extension to $22.95.

Not a call to buy or sell.

Pls dyodd.

STI ETF

 I think IS good time to lock in profit and wait for the index to go below the RSI 30 then slowly accumulate again. 

This method of operation is to buy into STI ETF whenever it is in an oversold condition

 and to sell off and take profits whenever it is in an overbought condition. 

For example, one may use the  indicator such as the Relative Strength Index (RSI) to gauge when it is overbought ( above 70 ) or oversold condition( below 30).


One may plan to buy and selling of units in several batches whenever in oversold or overbought conditions in order to get the best average price.



For example you may plan to buy in at different interval or whenever the Oversold situation happen .


In any one year, there will be three to four such window opportunities of overbought or oversold conditions to operate by buying or selling units of the ETF. At the same time, we can also kept some units always to receive dividend income and for their long term growth in price appreciation.

With discipline and patience , one should be able to get good average returns per year in excess of certain % by this one simple strategy of investing in one single ETF .I think This simple one strategy is safe and allow one to sleep soundly at night without worry of negative news affecting individual stocks in one's portfolio which could crash the share price of the particular stock the next day. This is because even if one or two of the component stocks in STI ETF of blue chips should collapse in share prices, there will be 28 others to diversify away the risk of the entire portfolio collapsing at anytime.


As for younger folks who just started out working and does not have enough cashflows and savings , one may start to spread out the different batch of buying or applying the Dollar-cost-averaging method by investing $1000 at 6-8 different batches that would be able to achieve  lower average costs per unit. 

MLT

 Chart wise, looks bearish!

Will she bounce off from the current support and rises up to test $2.00 or continue to slide down further to revisit $1.85.

I am waiting to add a bit if price turn weaker.

Not a call to buy or sell.

Pls dyodd.

STI

 Chart wise, looks like the index is overly extended, I think is Good to take a breather!

Short term wise, I think is Good to let it correct lower so as to absorb the recent gain. If not, the falling down could be at a faster speed!

Not a call to buy or sell.

Pls dyodd.

Genting Sing

 Chart wise, looks rather bullish!

Likely to continue to trend higher!

Short term wise, I think she is likely to move up to retest the recent high of 86.5 cents.

A nice breaking out accompany with high volume that may likely drive the price higher towards 90 cents then 95 cents with further extension to $1.05.

Not a call to buy or sell.

Pls dyodd.

Venture

 Chart wise, looks rather bearish!

Likely to continue to trend lower!

Short term wise, I think she may likely move down to retest the recent low of $18.65.

Breaking down of this level plus high volume that may likely slide down further towards $18 then $17 with extension to $16 and below.

Not a call to buy or sell.

Pls dyodd.