
Maybe Simonloh can give Rayphua a helping hand... :)
Strangely...
we don't see much posts from Simonloh recently...
EK can punt for a day or 2, currently overbought
Wah! Who List out 11 shares for Ray to Review? Lol so many ah?
Ray just choose 1 or 2 will do if u feel like doing it for him and the forumers..
Thought I should add that the earlier post of Eng Kong was for those already vested. May not be wise entering at this stage. It could consolidate for a bit, or perhaps move further north. It really depends on who were the ones pushing the price up last Friday. Monday would already be a day 2 breakout, so remember what I said before about only entering on a day 1 signal.
Eng Kong
For the benefit of those vested. Haha, please read disclaimer.
Disclaimer: rayphua does not provide you with any financial advice. rayphua is not into the business of providing any investment advice. What I is to provide you with both factual and non-factual passive information, so that you can formulate your own decisions about your investments. Information posted here is not an inducement to invest.
Elfin, to post charts, you need to put it on a server somewhere. I put the pics first on my blog and then link SJ's post to the blog's url.
haha, hey, Vic, was just joking about the colors, I think my chart already has too many colors as it is. But hey, sure, hooking up is fine. The more the merrier. :)
oop. cyjerry, missed your qn:
TA tracks what is happening, so it takes into acct both micro and macr trends. if a large macrotrend occurs, and ppl sell, it'll be reflected in the charts. so even if its TA is going up by itself, but a macrotrend change occurs, TA will then record a sudden downspike. if the macro drop is a once off tho, then you can assume that the stock will cont its uptrend once prevailing influences change back to normal.
that's why must always check and recheck your techs. can't get complacent and assuming prevailing techs always right. hope this helps. :)
lol. rayphua, your little sis protects no one. haha. vibro's good for momentum.
actually, vic, i can't see the charts you posted. how do you guys post charts anw? i can't do it; sj rejects. think file size too big or something.
See my sis? So sweet and so protective. :)
Yeah Dean88, 11 is a little too much, but you did manage to get some goodies in that list. Good job. Didn't look into them in detail. However I can tell you that I was looking into Eng Kong, Vibro, and Wingtai last week, out of which I vested in a few of them. Some of the ones you mentioned may not be quite ready.
Hey Vic, where do you get those nice rainbow colors on the chart??? I want them too! haha
based on curiousity as a newbie...although a share's TA looks uptrend...however what are the factors that will turn it the opposite way? such as the STI index plunging etc...? or will the TA still stand strong?
hi cyjjerry, if i may take that qn for vic....yes, ek is likely to rise to 32-32.5c (that was my tech count, go see EK thread for details), but i would not guarantee the time period of T+5.
dean88, for educational purposes, and you list out 11 stocks!!! lol. c'mon ppl, give rayphua a break yea...
EK currently at $0.265...so do u mean to say it may rise this coming week to $0.33?
i understand there are no guarantees to such stuffs...but its just an interpretation only yea...~
i understand there are no guarantees to such stuffs...but its just an interpretation only yea...~
hi Vic,
some problem with your pics. Not showing up properly.
For those who keep track of DJT and S&P 500. Thanks Vic and trymyluck for the headsup.
Dow Jones Transport
S&P 500
Hi Ray,
Many thanks for your sharing. I'm sure a lot of newbies like me benefitted greatly from your post. I'm still learning TA and base on your post earlier, Bolinger is one of the tools u used. Well, I had a quick look at BB and identified a few stocks. Would appreciate your comments on the stocks below, for educational purpose only.
Eng Kong, Lasseters, Nylect, Richland, Ultro Tech, Vibropower, Wingtai, ComfortDelgro, LHT, Shining Corp, Teck Wah.
Thanks again
hi guys,
just thought of adding a comment to rayphua's Dow Jones chart..
be careful with trading on June 13 - 14. thats when the US inflation figures coming out
so market can move either way depending on inflation number. anything above 1.5 % for PPI
might be considered bad.
Thanks, Ray, for the STI update.
Have a nice weekend!

Thanks rayphua, needed this.
DOW Updates
Dow: All indicators are healthy. Uptrend continues. One of the things I'll be looking out for will be their performance coming Monday. I am making an assumption that this is a renewed run upwards and as such, perhaps a new upper channel may form, moving away from its previous upper channel. We'll see how it forms so that we can get a better direction on a possible new trajectory.

STI Updates
STI: The status of STI is healthy, upwards trending, but without much strength, starting from 4 days ago. Although Friday was a wonderful for most counters and STI had a 37 point gain, strength upwards is still not similar to what we see from Dow. The afternoon rumour of China's possible taxation on capital gains put a slight dent to the morning high.

Thanks Cashiertan for pointing it out. Looked okay on my screen, dunno why that happened.
cant see the pics below.. Care to post again?
Thanks Ray