Marubozu - My Stocks Investing

Straits Asia Resources (SAR): Continue the Uptrend

Post author:Marubozu
Post published:January 3, 2011

Straits Asia Resources (SAR) continues the uptrend after bouncing off the uptrend support at about $2.40.

CLICK HERE for previous compilation of SAR’s comments and analysis.

Investing & Trading Rules and Philosophy

Post author:Marubozu
Post published:December 28, 2010

Everyone has the brainpower to follow the stock market. If you made it through fifth-grade math, you can do it. —Peter Lynch

Go for a business that any idiot can run – because sooner or later, any idiot probably is going to run it. — Peter Lynch

Wilmar: Don’t Catch the Falling Knife!

Post author:Marubozu
Post published:December 28, 2010

Wilmar has broken $6.00 (78.6% Fibonacci Support) with increase in trading volume. Wilmar is currently trading below 20D, 50D and 200D MA and this is a bearish trend signal. As rule of thumb, never put your money into a stock for long term investment when the stock chart is on down trend. Next support to watch is the 61.8% Fibonacci Retracement Level at about $5.115.