Fishing amidst Chaotic Market

Enough of the trade with care, now is not the time to trade articles. When the market crashes last week, there were many bearish remarks. Then we saw how market became extremely volatile with up and down swings. Today was a perfect example of how our market gap up on US overnight rally and only to see it falters back to previous close there abouts. Very weak indeed. I am still waiting to see market test the fibbo retracement of 23.8% at 2138 thereabouts. Amidst the chaos, there are bound to be opportunities. With market sentiment on cautious mood, i sensed selling pressure has eased. So here I am, venturing out to fish!

Tonight I spotted 3 breakouts which I think could have potential in this volatile market conditions. Charts finally..... : )


Media Ring - Short term trade


Hyflux - Mid to Long term trade


Global Voice - short term trade