StamfordLand (H07) : Is this a new bullish move?

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… Continue reading StamfordLand (H07) : Is this a new bullish move?

StamfordLand (H07) : Lacking strength to break through

Previously, I mentioned that StamfordLand is hitting resistance and is trading inside the Weekly Kumo; a sign of trendless state. Just a couple of days back, the Reserve Bank of Australia announced rate hike and indirectly, it lead to a small surge for StamfordLand. Though, it is clear from the chart that it lacks the… Continue reading StamfordLand (H07) : Lacking strength to break through