Should I sell?

US mkt has been rangebound for a while, falling, but without enough volume to break the uptrend. Trend bending but not broken. Can go either way.

To KISS, I hold stocks in a uptrend as long as possible until a definite break in the trend. Buy on fundamentals, sell on chart. I look for:
1) Lower high, lower low
2) reversal patterns (double top, H&S).
3) Support and resistance
4) Short term candlestick patterns. Just started looking at these.
I don't believe in trendlines as they always get redrawn.

Pfood:
Can't see resistance/support lines. But the large vol for the 3 days circled in May will be resistance:
Stock has not performed well. No clear uptrend. Weekly chart shows large consolidation from Oct - can go either way.
Would like to sell this one as it has underperformed the rally but can't see where to. Cannot see trend at all.

Venture:
Uptrend flattening but not clearly broken. Hold.
Can the last candle (hammer) act as a short-term reversal? Need to see if confirmed.


SIA Eng:
(Daily) Uptrend slowing, no cause for me to sell yet.

(Weekly) If it clears resistance around 2.90, there is no resistance for a while.



Cambridge:
No sign of reversal *yet*.

Wheelock:
May be reversing, hard to tell.

If we zoom in, it has very barely made a lower high and lower low.
I can choose to keep holding until a more descisive breakdown, or sell half.

Boustead:
Cant see anything. No Support, no resistance, no higher highs and lows, nothing.
No reversal sign. Gone down recently - 50% retraction of the sharp run-up from May around 60c, so its still considered normal.
Hold. The chart is so hard to read I will probably only sell this when the whole market changes.

RMG:
Cant read this chart either. Not in a downtrend, so hold.

Yanlord:
Zoom in and it may barely be forming a lower high, lower low. Not definate. Zoom out and its still in an uptrend.

Midas:
Still in uptrend in the past few days, defying the market. Announced big contract on 22nd Jun.