I think she is heading down to revisit 28.25 then 28!
Pls dyodd.
Chart wise, bearish mode!
Likely to continue to trend lower!
Pls dyodd.
chart wise, looks like it has weaken after the announcement of the 1st quarter result!
price is retracing and it may continue to go down to retest 33 then 32.60 with extension to 31. Pls dyodd.
I think boat is coming back. Pls dyodd.
I think sti has turned into bear mode! Etf would certainly follow!I think still has some room to go lower therefore please take your time to monitor and plan ahead!
Pls dyodd.
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.
Chat wise, consolidation mode!
Likely to move up to test 1.18 then 1.20!
A nice crossing over of 1.20 with ease may see her rising up towards 1.24 and above.
Pls dyodd.
Chart wise, bearish mode!
Likely to continue to trend lower!
Short term wise, i think likely to go down to test 28.06 level.
Breaking down of 28.06 would be very negative and she may slide down further towards 27 then 26.45 level.
Pls dyodd.
Chart wise, bearish mode!
Likely to continue to trend lower!
Pls dyodd.
chart wise, looks like it has weaken after the announcement of the 1st quarter result!
price is retracing and it may continue to go down to retest 33 then 32.60 with extension to 31. Pls dyodd.
