Yoma may rise to 51-54 c over next few days/weeks after some retrace first to recent lows ( maybe to 38-39c ) as general market sentiment is unlikely to be good on Monday , Tues .. let's watch ..

Predicted turn of STi @ 3020-30 realised by announcement of Greek rescue deal

- It turns out that the STi hitting our predicted short-term market peak levels ( see last post ) coincided exactly with the announcement of the second Greek rescue package right after which we immediately see a correction - which goes some way to show that fundamental events sycnhronise themselves to critical price levels in charts or charts very often anticipate fundamental events( minus black swans ) .

                                                                                                                                                                                                   
STI should consolidate or correct for quite a while below this level ( given strong supply  )  and then continue its bumpy climb towards our final target 3160-90  , with some hiccups like this one  along the way ... see previous post  http://sgxswinger.blogspot.com/2012/02/updated-sti-upswing-target-chart.html
(All bets for further rallies are off if Israel bombs Iranian  nuclear facilities )

Short term peaks : STi @ 3020-30 , kepcorp @11.10 , sembmar @5.40, DBS @$14.2- let's watch ....

Yoma's sharp crash down from the stratosphere suddenly reminds over-exuberant penny players they could soon be on the receiving end of many a penny-style pump-n-dump operation - so other pennies may follow suit.

Dyna-mac - target 58/59c . Yoma breaks historical high for the stratosphere. watch Genting SP - poised for breakout soon - target 1.73 / 1.85 - results on 22 Feb 2012 - but buyers beware - earnings may yet disappoint again.

updated STi upswing target chart : final tgt is 3160/75 but small downward reactions at 3030 , 3060, 3130 along the way ...

see   previous post  http://sgxswinger.blogspot.com/2012/01/breakout-kepcorp-target-1030-1070.html

Just when i thought the shallower-than-expected correction is over , the STI opened high in the morning following overnite dow and then towards the close plunged towards reasonable correction levels for some stocks .. eg my expected correction levels for kepcorp is 10.40-45 ..

some stock rally targets : kepland - 3.20 , 3.40 , 3.60 capitaland - 2.86, 3.05, 3.20

The STi may have finished its very shallow correction and should rally all the way to 3160 plus minus 10 points.