Singapore Wyckoff & Volume Spread Analysis

On Saturday, I read about Rowsley and its relationship with Peter Lim. This is the news : Rowsley, an investment holding company controlled by billionaire Peter Lim, RSP Architects Planners & Engineers and Vantage Bay, a developer of a mixed-used project in Malaysia's Iskandar region, have teamed up in a $581 million deal that will transform Rowsley into a real estate player. The all-share deal, when finalised, will see the 56-year old architect firm headed by prominent architect and businessman Albert Hong listed on the SGX through Rowsley. It will be one of only two building design and engineering practices that will be listed on the SGX. Rowsley will acquire RSP from Dr Hong and four of his partners for up to $223 million, to be paid by the issue of Rowsley shares at 15 cents a share. At the same time, Rowsley has also entered into another term sheet with Vantage Bay to buy 9.23 ha of land at Iskandar for $358 million. If the deals go through, Rowsley will  re...

Good Evening all, Seeing improve traffic in my blog give me the motivation to write and share more. Its not that i really care about all these visits.. Its more of acknowledgement that people do re-visit the blog when i post something new. Whether you are looking for trade ideas, or learning VSA/TA, you are free to comment or send me an email and we can discuss things in-depth. No flamers please. Once again, free publicity to www.tradeguider.com , i shall have a link for them too. No affiliation or whatsoever. If anyone had miss my post on ChinaMinZhong or can't see clearly in this blog. Do email me and I will send you the email that i sent to them on its marked up day. It is a very nice educational email in my opinon. Probably one of the easiest set up to identify. I am kind of lazy to re up-load. I can better spend my time uploading new stuffs. Ok...back to CMZ... Above is a daily chart on CMZ... In the future, what will we expect? 1) Low demand upbar - Gre...

Below contains 2 separate emails that I sent to my clients on volume spread analysis. Please read from the bottom Do read ------------------------------------------------------------------------------------------------- Hi all, Just want to continue from what we left on earlier on Volume Spread Analysis. Over the past few days, we have seen ChinaMinZhong share price rocketed, not to my amazement. The Smart Money has been accumulating this stock for a very low price of around 0.560 - 0.570 and their effort has paid off as seen from its current share price now of 0.66, high was 0.675 . In the last few days, Stage 3, which is distribution phase had already happen. Will the share price go even higher? Very unlikely... unless they decided to push it even higher. In my opinon, the risk to reward ratio is not attractive at the moment. From the chart below, we seen huge volunme in the past 3 days. These huge volume are profit taking volumes from the Smart Mo...