Ferrowolf's Den of Trading

Still building my humble Den, so please bear with me, it'll be done soon! =)

30th July plays

Nothing on the NR scans, it was quite a day for the market. up in the morning then a big sudden drop in the afternoon, followed by a 50% recovery.
but STI still hasn’t penetrated the previous day’s low, so let’s just say I’m cautiously bearish.

Volatility intraday play is on the cards.
NOL, Yanlord, China xlx and Noble are on top of the list

Explainations are on the charts, just click on the pictures to view them =)

NOL 29th july

Yanlord 29th July

China XLX 29th July

Noble 29th july

Have a great trading day!

July 30, 2009 Posted by | Uncategorized | , , , , | 1 Comment

29th July plays

Market’s still running
STI broke 2600 resistance, see if today can hold above, if it does, we’re probably still gonna have a couple more nice big upside days.
Cos the whole market is running, there aren’t a lot of results on the NR scans..
For today only Wing Tai looks interesting..
After an INSANE run up, it’s done some retracement while the rest of the market’s been running, probably released some selling pressure.
If market sentiments are good, it might find the strength to go higher.
The rest of the results were not volatile counters so i shall not look at them.

For some volatility play,
Top 2 on the list are NOL and Yanlord.

Other than that, seems like a couple of china counters went crazy, watch out for the retracements, could be violent.
I hear china xlx is gonna get listed on the SSE or HSI and i’m not sure what the story is with china milk, but it’s running too.

Wing Tai 28th July

July 29, 2009 Posted by | Uncategorized | , , | 2 Comments

   

Follow

Get every new post delivered to your Inbox.