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I am a remisier with a local Singapore stock broking house. This blog was set up as a personal endeavour for all stock investors to share their knowledge on stock investment, be it on Fundamental Analysis (FA) or Technical Analysis (TA). The combination of this knowledge would be FATA (发达）, which means to prosper in Mandarin.
It is my sincere wish that members will benefit from this sharing of knowledge and prosper. For many of us, we need to make our money work harder for us so that we can have sufficient for retirement. But at the same time, be careful about your investment. As Warren Buffet said: "Do not lose your capital".
DISCLAIMER: It is important to state here that this information sharing and discussion is purely for that purpose - sharing and discussion. This blog was started in good faith by the administrator, but all investors should take personal responsibility for their stock investment decision. Neither the administrator of this blog nor any of the contributors to this sharing/forum will be responsible for any loss that you may suffer as a result of your investment. You are advised to do your own research before making any investment decision. It is also important to state that inevitably, there will be stocks where the administrator and/or blog members would have an open position (or interest) in. This is inevitable as surely we would "put our money where our mouth is". In no way does it mean that we are soliciting your support to "pump up" the stocks as it is totally your choice whether to trade that particular stock or not.

Tuesday, 23 September 2014

GP Industries
Possible breakout - watch GP Industries closely tomorrow for possible breakout if it goes above $0.545. Stop-loss if it goes below $0.525. P1 profit@$0.575. The transaction volume today is triple the 50 day moving average. MACD histogram shows two greens after a series of red. Stochastic, RSI and MACD signals are up.



26 Sep 2014 update
GP Industries broke above 0.545 resistance, and is now supported by this horizontal resistance turned support. The MACD indicator looks particularly positive, indicating that market sentiment to this stock is positive. RSI continues to be strong.
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2 comments:

  1. Meow-Two-Cents23 September 2014 at 22:57

    GP Industries failed to show any breakout today. The price candle is a "gravestone" today. After its slight uptrend, this could be a bearish reversal signal. However, reliability for such signal is low.

    ReplyDelete
  2. Meow-Two-Cents25 September 2014 at 23:31

    GP Industries continues to move up today with high volumes. Continue to monitor over the next few days.

    ReplyDelete

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