Thursday, June 23, 2011

NOL CHART - Tested 1.44 support level again today and rebounded... if this level breaks, possible to head lower to 1.40 then 1.36.... Now at 1.46 !

Traders who would like to trade any rebound can consider getting some from 1.44 to 1.45, take profit on any rebound to above 1.48 if possible as market is still quite volatile.. Stop loss below 1.44

Warmest Regards,

GENTING SP CHART - Fell below the 1.88 support level again on weak US market the previous night... range has become from 1.83 to 1.88.... now at 1.86 !!

1.83 is the support level currently which was tested twice last week before rebounding slightly to above 1.90.... this support will be likely to be tested again... Traders who would like to catch the rebound can level buy positions from 1.83 to 1.85.... Take profit for any rebound of 4 cents...
Att00022

Wednesday, June 15, 2011

NOBLE GROUP CHART - Consolidating just above support level.... 1.96 is the support !!!

Traders can consider getting some around support level and catch a rebound when market strengthens.... Note that this 1.96 level is quite a strong support, counter has been above this level for more than 7 months already...


Monday, June 13, 2011

GENTING SP CHART - Support clearly at 1.85 to 1.86..... reaching the Japan tsunami low again..... In MARCH 2011, it hit a low of 1.86 before rebounding sharply to above the 2.20 level in 2 months...

Watch this level closely, any rebound of this support could signify a possible reversal again...  BUT if the 1.85 does not hold, you know you have to cut loss the latest at 1.83….

Att00055

COSCO CORP CHART - Back to support level at 1.80 which is the low after the Japan Tsunami and Earthquake.....

Note that it has rebounded sharply to above 2.30 after hitting this low the previous time.... Investors looking for rebound back up must be nimble in accumulating at this level. Be discipline and stop loss below 1.78.

Att00037


KEP CORP CHART - Support at 11.06 still holding for now.... if this support breaks, cut loss as it can head to 10.50 level.....

Traders who might want to trade a rebound of this support can consider entering at 11.06 to 11.10 level... Take profit above 11.40 level...

Att00025


Monday, June 6, 2011

GENTING SP CHART - Range is now from 1.97 to 2.03 - (6 cents range)

Range traders can lock in positions from 1.97 to 1.98, take profit from 2.01 to 2.03..... Take profit first while you can, Only when this 2.03 level breaks before it can head to 2.06....

NOBLE GROUP CHART - Heading down back to support level again. Support at 2.00...

Traders can consider trading this back up to the 2.10 level..... Possible to accumulate near support from 2.00 to 2.02..... take profit above 2.05 to 2.08...

Att00016