Tag: take profit

Straits Times Index hitting key resistance – Take profits on further strength | Technical Analysis | Singapore Stock Market Review

Ever since Jun 2012, our local Singapore bourse has been out performing vs the foreign markets despite lack of concrete improvement of the Euro crisis. Series of lackluster US economic data further add to the risk of a near term correction in the Singapore stock market. Looking at the STI technicals. it is now testing the very key resistance at…

Apple stock hits a new high – buy in or take profit? | AAPL Stock Price | US Stock Market

This week, Apple stock price fleet past the previous all time high of $426. The stock price has appreciated 12% ever since mid Dec 2011. The previous high was touched when Apple announced the availability of iPhone 4S. But the investors’ confidence was dented with the passing on of Jobs which clouded Apple’s profitable future. On the weekly technical chart,…

Straits Times Index surges as sentiments improves | Take Profits or Buy into Strength? | Singapore Stock Market

Singapore stock market was once again sizzling after a Hari Raya holiday break. On the last day of the month, the¬†benchmark Straits Times Index was up 93.37 points to close at 2,885.26. Gainers outnumbered losers 513 to 89. A total of 2.28 billion shares, valued at $2.44 billion, changed hands. The strength in the day volume signify the return of…