June 1, 2014 Thought and Notes of Trading
Moses’ US, Hong Kong and Singapore Stocks Analysis – ComfortDelgro C52, SMRT S53, SBS Transit S61
Welcome to Moses’ US, Hong Kong and Singapore Stock Analysis, Think Think!
We look at ComfortDelgro, C52 at May 10, 2014. From the geometry analysis, we expect the stock will rally higher. From AB=CD, there is still some room for the stock to move north.
May 30, 2014 C52 ended a Doji, this is a good sign for an indecision. It provides a potential for bounce back. But watch out, the MACD Histogram has showed weaken. Be mindful.
ComfortDelgro C52 May 30, 2014 Daily Chart.
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Compare ComfortDelgro C52, SBS Transit S61, SMRT S53
Everyone expect the transport stock will be rally, with the news on the Singapore public transport restructuring hitting the press. The market got excited over the public listed transportation stocks. Compare the three stocks ComfortDelgro, SBS Transit, SMRT Corp. They all have moved parabolic lately. See the charts for details. Picture (chart) worth a thousand words.
ComfortDelgro C52, SBS Transit S61, SMRT S53 May 30, 2014 Daly Chart
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Thanks for visiting the site, AmiBrokerAcademy.com. See previous post if you enjoy reading. May 10, ComfortDelgro.
Moses
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