Raw Sugar is showing a Shooting Star candlestick at the Down Trend Channel Resistance. Potential short candidate with price target between $9.138 to $8.552.
Note: Candlestick reversal patterns are quite reliable in this Raw Sugar chart pattern. Observe carefully what trend reversal after Shooting Star, Hanging Man, Three Inside Down, Evening Star were found at the channel resistance.
Original post from https://mystocksinvesting.com
First REIT is one of the very few REITs in Singapore still trading above 200D SMA support. Can First REIT escape the current REIT sector sell off? Watch the 200D SMA support closely. By the way, this Healthcare REIT has formed a “Lower Low, Lower High” down trend channel pattern.
See previous post on FIRST REIT here.
Noble Group looks like going to break the recent low support of $0.645. If this support is broken, next support is at $0.47. Continue to short Noble until there is a reversal pattern. So, trade with the trend. The Trend is your friend!
Previous Noble Group Technical Analysis.
Note: 2nd Quarter Earning Release on Aug 12, 2015.