Category STI

China Environment (5OU) : All the exit signs are in the chart

I am not vested in this counter. But, I do want to use Ichimoku to do a case study on it. For the purpose of the study, I will only focus on the movement for the last 2 months. (<< It gets worse if you look at the chart from Sept 2009).

Ichimoku Chart Review : OCBC and Wilmar

Today, I am just going to stray away from the US stocks and briefly discuss about 2 stocks on the Singapore Exchange. 1. Wilmar, in the commodity sector. A darling that has went 3 folds since the lows in 2009. It was also included in the STI Index last year. 2. OCBC. One of the [...]

OCBC (O39) : Ichimoku Bearish Cross Sighted

OCBC just had a bearish cross today. Confirmation with Tenkan sen – Kijun sen crossing each other. The Chikou Span has also start to cut the price line on the way down.