Thursday, October 27, 2022

Nordic - Risker Zone

What does this stock chart says?

Price near the High resistance zone, not for buying but more for profit taking.  

05 Sep 2022 - Buying Climate

Buying Climax

Supply appears to be overcoming demand. A high volume up bar closing in the middle indicates
professional selling.

Look at the next few bars and let the market makers tell you what is going on:

Low volume up bars show no demand, which is an unwillingness of the market makers to participate in a rising market because they know the market is weak.

High volume up bars, and if on that high volume the market is closing in the middle or lows, then supply is overcoming the demand and this is a further confirmation of weakness.

Supplementary Comments:
As with all red arrows the market can suddenly 'Test'. If the volume is low then you would expect higher prices.


Yield at close 0.485

YearYieldTotalAmountEx DatePay DateParticulars
20223.96%SGD 0.019SGD0.011622022-08-172022-09-02Rate: SGD 0.01162 Per Security
SGD0.001522022-05-062022-05-17Rate: SGD 0.00152 Per Security
SGD0.006082022-05-062022-05-17Rate: SGD 0.00608 Per Security
20212.77%SGD 0.013SGD0.0022021-08-192021-09-03Rate: SGD 0.002 Per Security
SGD0.00782021-08-192021-09-03Rate: SGD 0.0078 Per Security
SGD0.003622021-04-302021-05-14Rate: SGD 0.00362 Per Security
20201.25%SGD 0.006SGD0.001872020-08-192020-09-04Rate: SGD 0.00187 Per Security


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