Charisma Energy (5QT) - Looking to bounce from recent support low.

Charisma Energy seems to have consolidated around recent support low. Current price looking good for a bounce back up.

Entry and exit price shown in chart. Analysis to come later.

Kindly share this blog if you have benefit-ed. Cheers!

 

 

edited :

And just hours later... even before I could start on my analysis report. Guess there is no need for the report now.. haha

 

A nice 8% profit.. :)

Thaibev (THBEV) - uptrend continues, symmetrical triangle breakout

 Apologies that this is like becoming a habit.. but it is real late now.. so post first talk later (tomorrow)..

Picture speaks a thousand words (for now). analysis coming up soon....

Cheer! remember to share my post if its useful!

edit on (6 Mar'14):

think there is no need for my analysis now. the price action has spoken for itself. Broke out from the sysmmetrical triangle is completed with increased volume. Now is a matter of how long can the volume substain, and how high can this rally go. Currently there is immediate resistance at $0.620, the next major resistance will be at $0.650. If you like, you can take some minor profit now (around 8% gain, small woohoo!), and leave some on the table to wait for further upside.

Cheer! more profit to come!

STI index - This week's review

Pardon me for the lack of post recently. I am really loaded with work in office 2 week ago and is now away to serve the nation for my annual ICT. I took some time off during this book-out weekend and did a quick analysis of the STI stock index. Promise there will be more technical analysis of various stocks once I am done with the reservist.

For now, just a quick technical analysis of the Singapore STI index. See chart below.

Hope it breaks the short-term downtrend resistance to move back to uptrend mode. Cheers!