Market Wizards: December 2009

Market Diary:

World Indices:

Friday, December 25, 2009

ST Engineering

A possible ascending triangle may be taking shape.
Entry : $3.25
Target: $3.55
Stop loss: $3.15
Duration: 3 weeks

Labels: Stock Pick

Tuesday, December 15, 2009

UOL Buy Trigger

UOL buy trigger at $3.88 ~ $3.89 !

Labels: Stock Pick

UOL Buy Trigger

[2:10pm] UOL buy trigger at $3.88 ~ $3.89 !

Labels: Stock Pick

Thursday, December 10, 2009

UOL

Swing Buy ALERT :
Prices may dip further ( support at $3.72 ) but at any time when it pushes back to above previous days' high, that will be the trigger.
This is not only a swing buy but probably a bull flag too. Again, this is only an early alert. The trigger is not there yet.
Target : $4.0 & $4.25

Labels: Stock Pick

Trading Digest

Today is not a day for Swing Buy due to poor market sentiment ( perhaps Swing Sell )! Sigh, my OCBC was stopped out at $8.52. I could have profited 13 cents if I sold it at $8.69 but instead I loss 4 cents ! What else, but greed !?
All of the Swing Buy setup depicted here were valid but again market sentiment was poor. I think it is a good idea to have one set of Swing Buy and another set of Swing Sell counters. Depending on market sentiment, enter whichever accordingly!
I did collect some ST Eng under cash trade ( instead of margin trade ) because I intend to keep them for slightly longer!

Labels: Trading Digest