Daily Calls

as per request, sinostar formed a base like many other stocks and is short term bullish. but point to note, it is still in console phase, R39.5 has to be broken to break the console spell. current range will be 36-38 with 345 as the nx support if 36 cannot hold. if the rally comes too fast, take half profit at 395 and wait for stabalization to reload. first target is 43. cut loss depends on your risk profile and trading style, 1 way to cut is when it breaks the triangle base.

remember, what goes up fast comes down fast, so when it rallies too quickly, do not be too happy and walk away from your comp.

*DJ closed -28, short term still bullish
monday is holiday for US if i remember correctly, noting that DJ rallied near closing, this shows confidence and the initial plunge could very well be a bear trap. this gives advantage to the bulls in the short term, but again, any further fall and poor closing by DJ will negate the bulls, so do take note.

*Asian indices remain bullish but slightly overbought, so they may trade sideways for a while.

* send me a comment if you want me to do a review, feel free to criticise and state your views...
*i hope this can be a platform for all to learn...enjoy

enjoy... Heiwa

good evening,

asian index pose gd strength today, console mode is firm. DJ will likely remain in yesterday's high low range and remain bullish. remain cautiously bulllish...

first res - interest entering - collect some tg 171

golden agri - turn bullish - collect some tg 204

tat hong - oversold - collect some

oculus - took profit

lottovis - intraday - took profit

jiutian - hold

china xlx - hold

stx - take profit but still bullish

wee hur - take profit but still bullish

capitaland - take profit but still bullish

i will limit daily calls to those of interest, so if u wan me to add, send a comment...