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Web thoughts-denzuko1.blogspot.com

My Charting Blog

It is interesting that I start off this Blog when the Singapore Stock Market is heading south. However, this makes it more interesting for me to write on as the market turned volatile. My interest is Technical Analysis, TA for short. I love to look at charts and predicting where they are heading. This blog is or me to record my thoughts on the market. The articles on this blog are based solely on my personal opinion on the charts that I read and readers should not take it as absolute.

5/23/2015

Elektromotive.....

Fig 1 Elektromotive Weekly chart

To be honest, I have no idea what the bosses of this company is thinking.  It is like those heart rate detectors at the hospital showing a person about to die, I remember its called flat line.

It gives me a sense that the bosses have little or no interest about the image of their company at all. This would certainly be one thing I would look into if I am to invest into a company, and if I see a flat like this, this company would really be thrown into the waste basket.

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