29 March

Bought Sing Holdings @ 0.39 NAV 0.60 Annual dividends 3%

26 March

Received dividends from Mapletree Ind. 102.60, Lippo Malls 75 and Keppel KBS 210.62.

15 March

Buy

SGX (S68) @ 7.29

4 Jan – A medium white candle started the uptrend at 7.06

6 Mar – A black hanging man appear.

7 – 8 Mar – First long black candle start showing.

11 – 12 Mar – Long black candle (double the length of previous 2 days) with high volume appear. On 12 Mar, retail investors then get the news that Citi Research downgrades SGX to ‘sell’ as HKSE’s China futures contract product may curb SGX profits.

13 Mar – Black candle become shorter (half the length of previous 2 days)

14 Mar – Business Times reported that it was oversold. DBS analyst target price is 7.05.

This is a classic example that technical trading will not give you the magic ball to get rich. Smart monies already know the news before it was published on 12 Mar. In technical analysis, stock price can move up or down on the chart based on the future earning of companies, it is the same as fundamental analysis. It is my personal view that you should know the fundamental first of the company you wish to invest and then use technical analysis to time your entry or exit point.

This article will explain to how smart monies create the stock trend.

https://www.gotothings.com/shares/always-follow-the-stock-trend-whether-up-or-down.htm

13 March

Buy

CapitaR China Trust (AU8U) @ 1.52

12 March

Buy

SGX (S68) @ 7.42

8 March

Dividends Received

Mapletree Industrial – S$184.20

Silverlake Axis = S$19.20

6 March

Buy

UOL @ 6.59

4 March

Sell

SGX @ 7.99

1 March

Dividends Received

RHT Health Trust – S$595