Sunday, 10 September 2017
Polaris: 10 September 2017, Sunday, 10.58pm Singapore Time
10 September 2017, Sunday, 10.58pm Singapore Time
Attached is the technicals for Polaris, a stock that is listed in the Singapore SGX. The volume from 2014 to end of 2015 is the entire operation to sell until markets despair in Singapore, and until liquidity is extremely low such that even brokers in Singapore lost jobs, in line with my 2013-2015 forewarnings on high bearishness to come for 80% of stocks listed in Singapore despite that indices will be made to look decently strong. A lot of investors had been capitulated with significant losses in most stocks in the broad markets until 2016 when I flipped to bullishness amidst maximum public bearishness as Singapore went into technical recession. It is where I forewarned high bullish volumes to come back again in 2016 and 2017. Indeed bullish volumes are coming back per my forewarnings. Polaris has made a backtest confirmation now for a large change in trend to uptrend (yellow circled region).
A rising tide in worldwide stock and equity markets will continue in 2017 and 2018.