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Hi all,

My TA readings:

Nobel Group - Explosive price action coming but the direction of price move is uncertain at this point in time.

Banyan Tree - Not a good counter for TA because of relatively low volume.

Hyflux - It is on a gradual uptrend now.

 

  Not an expert to comment but just "kay-poh" a bit and to try to practise and learn.

  I checked the charts. Of the 3 stocks mentioned, only Hyflux is on a clear uptrend right now having broke through resistance at $2.23. 

   Noble Group is currently moving within a wedge. May move either way. A clear breakout above $1.15 will confirm uptrend.

   Banyan Tree is not too promising although it is now in the oversold zone.

   Just my views. Can be wrong. Other views are welcome as that will provide learning experience.

 

Take a look at the Chart of Noble Group. It would appear that it is heading north again.



Then, take a look at the Chart of Banyan Tree. It certainly looks like a reversal is on the way.



Also, take a look at the chart of Hyflux. It is certainly heading north.



I am not an expert in TA. But, I do keep track of the behaviour, investors' interest and price movement of any counter's chart which have a high chance of making "kopi" money.



May be, singaporegal may want to share her TA skills by commenting on the above three counters. I believe she can give you a better picture with her comments.

 

Any good TA stocks now?