SGX
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SGX
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signal is there ...... accumulate .......
smltimer ( Date: 29-Dec-2010 15:01) Posted:
| can break 8.54 would be nice .......
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It is probably not a good idea to buy SGX now. Check the following.
http://mujicity.blogspot.com/2011/01/sgx-sgx_03.html
Steffan ( Date: 04-Jan-2011 11:16) Posted:
| I started to acculmulate the counter since last week, from 8.36 and above. Hope a lower average price to counter off my heavier purchase made earlier. |
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nothing different my friend.. accumulation maybe slowly buy, while buy share means buy one shoot..
dunno..both are buy share...
niuyear ( Date: 04-Jan-2011 12:09) Posted:
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Kindly explain whats the difference between
buying share and accumulating share
iPunter ( Date: 04-Jan-2011 11:39) Posted:
You mean you collect some shares... Accumulation is different... 
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Kindly explain whats the difference between
buying share and accumulating share
iPunter ( Date: 04-Jan-2011 11:39) Posted:
You mean you collect some shares... Accumulation is different...
Steffan ( Date: 04-Jan-2011 11:16) Posted:
| I started to acculmulate the counter since last week, from 8.36 and above. Hope a lower average price to counter off my heavier purchase made earlier. |
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You mean you collect some shares...
Accumulation is different...
Steffan ( Date: 04-Jan-2011 11:16) Posted:
| I started to acculmulate the counter since last week, from 8.36 and above. Hope a lower average price to counter off my heavier purchase made earlier. |
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I started to acculmulate the counter since last week, from 8.36 and above. Hope a lower average price to counter off my heavier purchase made earlier.
The die die must close nice nice. If not, very unauspicious!
what a way to start 2011. SGX cracked it resistence today. seems like there may be room for more upside.
http://sgsharemarket.com/home/2011/01/sgx-cracked-resistence/
JANUARY 18 2011 - Singapore Exchange Q2 earning results.
SGX - Technical Analysis
SGX stock found support at a longer-term downtrend line cleared in mid-September at the end of last week. It touched a correction-low at 8.21 and rallied the past three sessions, clearing a short-term downtrend line and the 20-day moving average. The RSI showed a buy signal from oversold territory. Yesterday's strong gains pushed price towards horizontal resistance 8.54/8.55 where the 100-day moving average is located as well. The odds favour a further near-term advance unless a close back below the 20-day moving average at 8.44 occurs. Next potential upside target is seen at around 8.76 where the declining 50-day moving average is coming in. A decisive close above horizontal resistance 8.78 would improve the technical outlook further and could trigger a test of solid zone of resistance 9.28-9.52. Violation of the recent low at 8.21 would deteriorate the intermediate-term picture.
//by db warrants//
congrats2...
iknownothing ( Date: 29-Dec-2010 20:56) Posted:
yuppie!
rickyw ( Date: 28-Dec-2010 22:07) Posted:
| dunno..i just think this stock is more on gambling than invest...see tomorrow market will react lar. |
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Finally see some profits, entered $8.39 start earning.
Yesterday's and today's upthrust are on relatively misniscule volume (less than 2m)...
as compared with last week's upthrusts (nearly 10m).
Thus it appears only smaller investors bought it up.
But it can go either way...
yuppie!
rickyw ( Date: 28-Dec-2010 22:07) Posted:
dunno..i just think this stock is more on gambling than invest...see tomorrow market will react lar..
iknownothing ( Date: 28-Dec-2010 21:56) Posted:
| u seriously giving this baby tp of $7.5? $9.5 bette |
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The deal pls collapse!
My enter price: 8.72 earlier, 8.25 recent. No make la.
cannotfind ( Date: 29-Dec-2010 00:42) Posted:
Take note. The deal may collapse.
SINGAPORE: When it comes to convincing lawmakers in Canberra why the A$8.4 billion (S$11 billion) takeover of the Australian Securities Exchange (ASX) by his company may be a good idea, Mr Magnus Bocker, the chief executive of the Singapore Exchange, will face a formidable challenge: public opinion in Australia.
Those who are opposed to the deal outnumber those who support it by 10-to-1, according to a survey by UMR Research, a market research company with offices in Sydney, Auckland and Wellington.
In the poll, carried out between December 16 and 21 and covered 500 people, two-thirds of respondents said they were against the deal, with the rest largely unsure.
Only 6 per cent said they supported the takeover.
UMR said it matched the survey respondents against census data to ensure a nationally representative sample.
The opposition to the deal is strong across political lines: 71 per cent of Coalition supporters rejected the transaction, while 65 per cent of Green voters and 62 per cent of Labour backers said they were against it.
"For this proposal to get off across the line, it will require a major structural re-engineering to make it more attractive and acceptable to Australians generally," said Mr John Utting, UMR's managing director.
The federal parliament must approve the lifting of a 15 per cent ownership cap on the ASX. Australia's Foreign Investment Review Board must also clear the proposal.
Analysts were not surprised by the strong opposition and believe that some Australian politicians' angry first reactions to the deal have shaped public sentiment.
-CNA/ac |
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Collapse or not, either way SGX will move up. Merger is definitely good for SGX and ASX..... before merger proposition, SGX was at $10+, so the upside potential is there even with the merger put aside.
cannotfind ( Date: 29-Dec-2010 00:42) Posted:
Take note. The deal may collapse.
SINGAPORE: When it comes to convincing lawmakers in Canberra why the A$8.4 billion (S$11 billion) takeover of the Australian Securities Exchange (ASX) by his company may be a good idea, Mr Magnus Bocker, the chief executive of the Singapore Exchange, will face a formidable challenge: public opinion in Australia.
Those who are opposed to the deal outnumber those who support it by 10-to-1, according to a survey by UMR Research, a market research company with offices in Sydney, Auckland and Wellington.
In the poll, carried out between December 16 and 21 and covered 500 people, two-thirds of respondents said they were against the deal, with the rest largely unsure.
Only 6 per cent said they supported the takeover.
UMR said it matched the survey respondents against census data to ensure a nationally representative sample.
The opposition to the deal is strong across political lines: 71 per cent of Coalition supporters rejected the transaction, while 65 per cent of Green voters and 62 per cent of Labour backers said they were against it.
"For this proposal to get off across the line, it will require a major structural re-engineering to make it more attractive and acceptable to Australians generally," said Mr John Utting, UMR's managing director.
The federal parliament must approve the lifting of a 15 per cent ownership cap on the ASX. Australia's Foreign Investment Review Board must also clear the proposal.
Analysts were not surprised by the strong opposition and believe that some Australian politicians' angry first reactions to the deal have shaped public sentiment.
-CNA/ac |
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can break 8.54 would be nice .......
Take note. The deal may collapse.
SINGAPORE: When it comes to convincing lawmakers in Canberra why the A$8.4 billion (S$11 billion) takeover of the Australian Securities Exchange (ASX) by his company may be a good idea, Mr Magnus Bocker, the chief executive of the Singapore Exchange, will face a formidable challenge: public opinion in Australia.
Those who are opposed to the deal outnumber those who support it by 10-to-1, according to a survey by UMR Research, a market research company with offices in Sydney, Auckland and Wellington.
In the poll, carried out between December 16 and 21 and covered 500 people, two-thirds of respondents said they were against the deal, with the rest largely unsure.
Only 6 per cent said they supported the takeover.
UMR said it matched the survey respondents against census data to ensure a nationally representative sample.
The opposition to the deal is strong across political lines: 71 per cent of Coalition supporters rejected the transaction, while 65 per cent of Green voters and 62 per cent of Labour backers said they were against it.
"For this proposal to get off across the line, it will require a major structural re-engineering to make it more attractive and acceptable to Australians generally," said Mr John Utting, UMR's managing director.
The federal parliament must approve the lifting of a 15 per cent ownership cap on the ASX. Australia's Foreign Investment Review Board must also clear the proposal.
Analysts were not surprised by the strong opposition and believe that some Australian politicians' angry first reactions to the deal have shaped public sentiment.
-CNA/ac
dunno..i just think this stock is more on gambling than invest...see tomorrow market will react lar..
iknownothing ( Date: 28-Dec-2010 21:56) Posted:
u seriously giving this baby tp of $7.5? $9.5 better
rickyw ( Date: 28-Dec-2010 18:37) Posted:
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On Tuesday, SGX re-test the resistance at $8.38 and closed at $8.37 with LOW volume of 1.97 million shares traded.
A white candle stick with no upper/lower shadow affirms that the investors have no qualms on buying the stocks up.
Both RSI & MACD are bullish as MACD just perform a “golden cross” today.
Important Resistance of SGX: $8.38
Immediate Support of SGX: $8.21
Currently prices are resisted by 20/100 days MA at $8.38
For the past 2 days, SGX rebounded from the support at $8.21 and re-test the resistance at $8.38.
Although we would not advise to.............
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