Lian Beng

Lian Beng - The Co. involves construction, property development, engineering, leasing of construction machinery.

Updated on 9May:

Reconstruct the px channel from upper side $0.350 to $0.340.

Updated on 4Jun:

Today Lian Beng announced awarded the contract worth approx. S$150.7mil. This is the one factor attract my eyeballs. Initially, thought it may same as Yongnam px movement, even awarded the contract, may not have major movement. But Another thing to attract me is that my "explosive indicators" show the px may have fly high chance. Keep notice this counter tomorrow (5Jun)

Ausgroup

Ausgroup: One of Australia’s leading manufacturing / fabrication, construction and integrated services companies, servicing the oil and gas and mineral resource industries.

Updated on 29Apr:

Currently, Ausgroup has proposed dual listing in ASX, the result will be announced by 30Jun2011'. The Co. recently awarded A$60mil from karara early work contract. However, the main contract is worth excess A$200mil, this is the chance for Com to secures more contracts in future. Q111' earning result expects to be announced on next 1~2weeks time.

If the correction is triangle pattern, the share px most likely will touch $0.455 and start bounce up. Keep monitor the px movement!

Updated on 29Apr closing mkt:

Updated on 3May:

If price breaks down $0.440, try not to get in so early, cause below $0.440 there has no clear support price,. this may causing the price further down. Wait for clear picture then get in.

Updated on 4May market closed:

As mentioned on 3May earlier, px at $0.440 shows it's support effect. Next, we need to monitor the px whether able to breaks up the resistance line with high volume, to prove the next impulse wave 3 is in proceed.

Updated on 10May market closed:

Today px touches the resistance line @ $0.475 and rebound down, close at $0.460. Bad thing is the px still unable to break up the resistance, good thing is we know that the resistance is "valid" and "effective" in this chart. Another thing is indicators at this moment still show bull signal. Now we have to wait the px break up the resistance line. Good Luck!

Updated on 19May:

Today px finally breaks up $0.460 resistance line, the volume is considerably high. If end of the day, the px can remain above $0.460, it will has a chance to form another "flag" and TP $0.625.

Updated on 27May:

Price keep swing up and down inside the triangle

Updated on 31May:

Price breaks down $0.440, start trigger short sell acitivity. Today, price is oversold.

Updated on 1Jun:

Waiting for px bouncing signals and indicators. Compared same situation with history action

Updated on 2Jun:

Today px started open at $0.375 (touch flag bottom support line and 78.6% of wave). In order to confirm px bouncing up signal. Tomorrow, we need to take note on "stochastic", "macd" , "volume" and candlestick. (pls refer chart)

Updated on 3Jun:

Today px keep upwards, and all indicators movement as my yesterday prediction has 80% similarity~ Yeah!

Updated on 7Jun:

Today indicators remain upwards signals, In short term, should take note on those resistances.

Introduction

"Inflation is like a tiger, once it gets free, it is difficult to put it back in the cage" quoted by Republic of China Premier Wen Jiabao


It's undeniable whether you like it or not, inflation is everywhere and anytime happen surrounding us. Dated on mar 2011', Singapore's inflation rate is about 5%. In the mean time, the fixed deposit rate in Singapore is about 0.35%. Based on this fact, our wealth will keep reducing year by year.


Therefore, we have to find another way to protect our wealth to against the inflation. The only way that i can find is put our hard earned money into stock market to get the higher return of investment (ROI).

However, stock market has their own rule and secret. We have to find out the rule and secret from the market to help us for increasing or protecting our wealth. For myself, i will use the technical analysis to find out the gold mines in the market. Therefore, i create this blog to share my findings from stock market to those people who has same mindset with me.


Disclaimers:
This website provides information and opinions as reference resources only. Anyone who has interest on investment in stock market, please seek for professional financial advisor. You understand that you are using the information in this website is solely at your own risk.