Sunday, April 10, 2016

My analysis 8 Apr 16 - STI, OCBC, Feng, S&P

STI, my view: 
* MACD downtrend
* Parabolic SAR above price
* RSI going downtrend to 50 now
* Lower high now
* Volume is also going lower
* Didn't touch MA 200 and U turn downward, if cross MA 50, likely to continue downtrend


OCBC, my view:
* MACD downtrend, although it is still above 0
* Price below MA 20 and MA 200.  MA 20 and 50 no chance to cut MA 200 upward
* K at 20
* RSI at 50
* Parabolic SAR above price
=> Likely to go lower in the short term.




Feng, my view:
* MACD likely to go uptrend
* Price still above MA 50
* Generally downtrend stock
* RSI at 54 still not attractive to buy, wait till 30 and below
=> every time RSI go to 30 and below, there is chance to  get 20% profit if hold till RSI 70



S&P, my view:
* MACD downtrend but above 0
* MA 200 seems like side way
* RSI 59
=> Likely to trend lower in the next few months.






 

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