Korea : Current outlook from price patterns

by **sgfinancialservices** on 14 Feb 2007, 23:16

Here's a simple chart.... ::D

by **sonicdeejay** on 15 Feb 2007, 10:06

Starry wrote:
DIY wrote:thanks Starry once again for the technical analysis.

Will be watching korea closely for the next few weeks to see whether it is time to top up more.

The double bottom at 1350 is a good sign of a strong support. But I wouldn't be optimistic with Korea unless it breaks 1450, which is the high they made in May 06.

I think it climbing back-on..it is 1443.59 now..

by **penumbra** on 17 Feb 2007, 00:20

penumbra wrote:hmm.. my exposure on korea had been diluted to 10% with fresh injection into emerging europe and thailand earlier this month. i am not going to bother myself with the fate of korea. i will let my various asia pacific fund managers do the worrying/thinking. i have to thank starry for the chart though. i will withhold further investment into korea for the time being.

hmm.. the recent gains had further diluted my exposure on korea to 9%. maybe i would rebalance it back to 10-15% next month. ::roll:

by **divorcee** on 22 Feb 2007, 13:10

Well, it seems that Japan has broken 17500 convincingly and Korea has just cleared the 1450 hurdle.

So anyone jumped in yet? ::D

Wonder what are the next resistances for these 2 indices?

by **penumbra** on 22 Feb 2007, 16:17

divorcee wrote:Well, it seems that Japan has broken 17500 convincingly and Korea has just cleared the 1450 hurdle.

So anyone jumped in yet?

nope. i had withhold dca for this month. next month see how bah.

by **Starry** on 22 Feb 2007, 16:25

divorcee wrote:Well, it seems that Japan has broken 17500 convincingly and Korea has just cleared the 1450 hurdle.

So anyone jumped in yet?

Wonder what are the next resistances for these 2 indices?

Clearing 1450-1460 for Korea is good. And unlike Japan, the slide on the Korea won against SGD is pretty mild.

But I would say watch it first. Make sure it clears convincingly.

by **Alanto72** on 22 Feb 2007, 16:51

Vested in Korea thru country fund & emerging mkt fund, its outlook is gd, esp the N Korea nuclear issue is temporarily settled. However, korea culture of strikes is one main weakness of their economy.

by **lamp** on 16 Oct 2007, 22:06

Any updates on Korea market trend? It has broken 2000 point since... I have a small holding on Korea ETF, should I add more or hold now?

by **lamp** on 18 Oct 2007, 22:16

I will be watching it closely, have a small position in Korea ETF too. If it stays above 2000 for few more days and look set to go higher, I will be adding more.

by **Rational Investor** on 18 Oct 2007, 22:17

I am thinking of adding more too... so you better look out below...
::cry:

by **lily** on 11 Mar 2009, 14:36

<spam>

by **Hulumas** on 12 Mar 2009, 17:47

lily wrote:<spam>

OIC.

Korea : Current outlook from price patterns

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