Singapore Wyckoff & Volume Spread Analysis

 Fundamentally, one of the better shipping company around. Despite tough condition for China shipping industry, Yangzijiang's recent result is in line with expectation for most of the research houses. One of the lowest P/E ratio shipping company at the moment, (w china exposure). If you a fundamentalist, you can also consider this counter as they also do give good dividend. From historical data, their dividend works out to be around 5.00+ percent as of current price. However, their announcement date for their dividend usually comes at Feb. Definitely a good counter to buy if you are a fundamentalist, looking at exposure to shipping industry with decent dividend. If you a trader, the more you should look at the 2 charts below Too much typo for Chart 2. Read Below for Chart 2 Been observing Yang since the reverse upthrust spotted 7 trading days ago. Prices went down before closing up at huge volume. Showing significant buying strength from the SM. The next da...

After today mini-rally, I have unearthed some counters that have decent risk to reward ratio. Disclaimer : Below is not a buy/sell recommendation We will attempt to see Coscocorp in different time frames. Favourite setup. Need no explaination. Today, SM pushes Coscocorp up with huge buying volume as seen at the hourly chart. Has the gap be filled? That's the question.... Blue lines are fibo retracement lines which can be deemed as support for Cosco