Buying strength at last in the stock market

My sentiment analysis tells me that there were more buyers than sellers today. After many days of mixed sessions, this might throw light to where exactly we are heading. With US and Japan closing strongly, this has no doubt helped local market. Hence i continue to look forward to a pop up to celebrate Elections. Market so far had never failed to celebrate Election day since 1997.



Celestial on the weekly: I analysed the chart and was looking at why did I miss this baby. Looking at a very wide time frame on the weekly chart. It took more than 2 years to form a cup and handle. The handle was a fantastic time to enter at pivot buy 0.535.


Rotary on the weekly chart. Results were out tonight. Everything increased including dividend!
DJ Singapore Rotary Engineering FY Net S$8.4M Vs S$5.6M


Sunray: Looking at the weekly chart, very nice bowl shape forming and it's a text book handle in the making as the volume continues to decline. Formation of handle can take up to 8 weeks. We have 2 weeks done. Let's watch on. 0.515 will be my pivot buy point.



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