The Trading Floor - December 2013

Discussion in 'The Trading Floor' started by nottibird, Dec 1, 2013.


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  1. cfd

    cfd Well-Known Member

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    Bro NB, appreciate your time on your charts and sharing on Singtel, SingPost, SGX, SIA Engrg, Osim, SuntecReit, SATS, Ezra, OCBC, SIA and CapMallsAsia.

    Thank you very much for your effort. A lot for me to watch and learn this week.

    May YOU and ALL continue to have successful chicken runs for some counters, and countless eggs for other counters this NEW WEEK and NEW MONTH b4 the NEW YEAR. HUAT ARRRRRR!!!!!!!

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  2. nottibird

    nottibird Moderator

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    CapMallsAsia....

    She was on an uptrend.
    Then entered into consolidation mode....ranging between 1.98 to 2.10.
    She closed at 2.04 on Friday. At this price, she is too low to short and too high to long.
    Wait for 2.07 to 2.10 to short. But dont frontrun. Wait for her to Lao Hong first. Then short.
    1.98 to 2.00 is the BUY ZONE. Likewise, wait for these support levels to hold and for the price to bounce first.

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  3. nottibird

    nottibird Moderator

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    Auditor... I see. Which means if your company is engaged to audit the accounts of
    a listed company, you will know the results before Results Day. aa1ba.gif
    Going forward, how about getting a netbook or iPad to enable you to monitor prices?
    You can cover the device and take occasional peeps in-between work.
    Your SingTel at what price?
    If there is a quick run towards 3.79/3.80, you may want to take profits first.
    Then wait for a pullback to reload.
     
  4. Lucky87

    Lucky87 Member

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    Unfortunately not! Gonna be an auditor to be. So it means I can't monitor prices unless I keep hiding in the toilet! Anyway I'm only left with singtel that I jeep-ed last week. Don't think singtel needs much baby sitting! :thumbup1:
     
  5. nottibird

    nottibird Moderator

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    Which means monitoring the market is out of the question.
    Unless your new job........................................................................................... is that of a remisier!!! aa-1.gif
     
  6. Lucky87

    Lucky87 Member

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    Yes I meant my 1st day of work in my new job, beginning of my rat race! :yes:
     
  7. koaladreaming

    koaladreaming Well-Known Member

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    Wish you have a profitable eggs gathering week Bro.

    Got to :sleep1:
     
  8. koaladreaming

    koaladreaming Well-Known Member

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    and do not forget to open your SNIPER CAFE :yes:
     
  9. nottibird

    nottibird Moderator

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    I see. FINANCIAL FREEDOM. Words which are so elusive. Yet are music to my ears.
    I hope to be able to do that in 2 to 3 years. Full time trading.
    And achieve Financial Freedom within 5 years thereafter.
    Then can relax leow.

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  10. koaladreaming

    koaladreaming Well-Known Member

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    aiyoh in other words the rat race lah.

    We all wanted to take the holy grail to Financial Freedom but in the meantime have to put on our office attire and clock the hrs at THE OFFICE :arf:
     
  11. nottibird

    nottibird Moderator

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    What tokking you??? aa-3-eek2.gif

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  12. nottibird

    nottibird Moderator

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    But many of us are also starting work tomorrow!!!
    Er..... unless you mean your 1st day of work in a new job?
    Or you mean you gonna start work in the stock market?
     
  13. koaladreaming

    koaladreaming Well-Known Member

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    GD LUCK & WELCUM TO THE OFFICE WORKERS MARATHON RACE :ihih:
     
  14. Lucky87

    Lucky87 Member

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    Thank you bro NottiBird for all the charts and analysis. I'm gonna start work tomorrow, wish everyone here a fulfilling week in advance and collect more eggs for the upcoming Christmas and new year!
     
  15. nottibird

    nottibird Moderator

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    SIA.....also known as Big Bird...

    She has been range trading between her 200-dma at 10.40 and her Resistance Zone at 10.55-10.60.
    From her price action, I do feel a lack of will to break 10.60 to soar towards 10.80.
    More likely than not, every attempt to rise towards her Resistance Zone will be met with a barrage of anti-aircraft fire from below.

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  16. nottibird

    nottibird Moderator

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    OCBC...

    Chart shows her price is range trading between 10.30 to 10.60.
    Until a breakout occurs on either side, BUY near 10.30 and SELL near 10.60.
    This one is also good for a chicken run for IG CFD traders.
    2 bids you can run.

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  17. nottibird

    nottibird Moderator

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    Ezra...

    Range is 1.285 to 1.365.
    She closed at 1.315.
    Chart shows a rather huge Ascending Triangle.
    Last few days I saw weakness.
    Macam the monkey not around lidat and retail traders were playing against each other.
    Dont be in a hurry to LONG.
    Best is wait for the monkey to appear.
    I wonder what Bro Pengiun has to say.

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  18. nottibird

    nottibird Moderator

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    SATS...

    Last High was 3.47 (30 Oct).
    Last Low was 3.06 (21 Nov).
    Closed at 3.21 on Friday.... 15 bids from her Last Low.
    Is she on the mend and on her way back up to test 3.47?
    All her technical indicators are rising and pointing north.
    I suppose if she opens at or near 3.21 and immediately
    trade to the upside and buyers outnumber sellers, that
    will mean she will close with a green candle. Aggressive
    traders may want to jump in to LONG earlier than later.

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  19. nottibird

    nottibird Moderator

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    SuntecREIT...

    1. She is one of the more actively traded REITs. The other being AscendasREIT, CapitaMallTrust and CapitaComm.
    2. Chart shows she has been badly battered down and is trading at some 18 cts below her Last High of 1.74.
    3. She closed at 1.56 on Friday. Her Last Low was 1.545.
    4. Her Support Levels are at:

    - 1.505
    - 1.485
    - 1.465

    5. Her shopping malls at Suntec City have been re-opening progressively in stages upon completion of upgrading
    works. What that means is that rental collection from their shops and eateries should see a significant increase
    from the previous quarter. Hence, it is a done deal that 4th Quarter Results should well surpass the previous quarter
    and with that, earnings per share will surely improve. The catalysts for share price appreciation will come in the form
    of Result Play as well as Dividend Play. It is only a matter of time that funds and institutions will start collecting her.
    The lower she drops, the more attractive she will become.

    6. Dont be in a hurry to buy though. Watch her support levels. BUY when she turns on high volume. Add more if she
    continues to rise strongly after the initial U-turn. 4th Quarter Results are reported in late Jan 2014.

    7. This one is trading at the mid-$1.00 range. Wont cost much to load a few hundred lots. Good for people like our
    Prof Gor. A move back to just $1.70 means a gain of 14 cts or $14K for every 100 lots invested.

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  20. nottibird

    nottibird Moderator

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    OSIM...

    Last High was 2.34.
    Last Low was 2.14.
    Closed at 2.27 on Friday.
    Chart-wise, Resistance is at 2.34. If this level cannot break, she is good for a SHORT if she Lao Hong and turns back down.
    2.11 was a former resistance now turned support. Look for a bounce at this level. When she last hit 2.34 and turned back down,
    she found support at 2.14 and staged a U-turn from there to rise to 2.28 before closing at 2.27 on Friday. A break above 2.34
    will signal the possible start of a new uptrend.

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