ADX does not show postive uptrend but this  indicator alone don't give early signal on correction. It merely shows the counter relative strong in general. CCI is already showing 3 peaks above 100 level, coupled with RSI above 80. I would think this counter will not be showing positive price adjustment  these few days but once rebound it will fly. Is a Cup with Handle effect. That was  why I sold some but not all capitalland stock I like the portfolio coz of their investment in emerging market,eg china that sure to overtake Japan and US. Keep at least 1000shares for another fews mth, you will enjoy the fruit. For now, i will stay put and  wait patently to go in again, like you.

Sorry, don't agree with your views.

STI and CapLand charts are very similiar. MAs show golden crosses all over the place.

ADX still rising on +vely placed DIs, this means got strong uptrend. In such situations, overbought-ness in the ocillators is an indication of strength. (if oversold, how to go higher and higher?)

Eventually, the correction will come, but perhaps not yet.

Today's candle is an inverted candle with it's trading range inside yesterday trading range. Today's volume is lower than yesterday. Perhaps it is a flag/pennant forming.

I have sold mine, now patiently waiting for the pattern to reveal itself. If it is a flag, I will not worry too much about the overbought-ness.