Trading Ichimoku

Hi tonylim, Here’s the updated chart. 1. We can see that there is some ‘light’ buying over the last few days. Volume is not as high as those in Aug – Oct 2009. 2. The price inch upwards but was not breaking 0.43 3. We can see that the price has consolidated at this region [...]

The Daily Ichimoku Chart is showing a bearish outlook for CityDev. 1. We have a Bearish Tenkan sen – Kijun sen cross back in September 25. 2. Price is trading inside the kumo, however, the leading kumo has twisted and may trend down soon. 2. Possible trading range between 9.71 and 10.37

Continuing my monitoring of ARE. As of yesterday’s close, there is still no sign that it will continue to be bullish since its last gap down. It has just rebounded off a support at around 51.78 and it is still too early to tell if it will climb higher. If it fails to climb higher [...]