I'm Brandon, a senior stockbroker at a local securities firm and also a professional trainer with Singapore Exchange (SGX) Academy. Holder of Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) with over 10 years experience in the financial industry.
This blog aims to share how private traders can forecast price and trade in line with the market and smart money by applying Wyckoff principles and simple technical analysis techniques.
Tuesday, 1 December 2015
Top Volume Stock Analysis (SG Market) - Linc Energy
Last Done: S$0.205
Good volume on white candles and low volume on black candles signal possible accumulation by informed investors or traders.
As long such buying momentum continues, we should see stock retest its resistance zone with S$0.235 as first target and then S$0.25, if S$0.235 is successfully broke out.