put a stop at 1.035. Positive if it closes above 1.05 today.
Tuesday, May 29, 2012
COSCO CORP CHART - Now at 0.955, cleared away from consolidation phase. resistance at 0.95 broken... more upside to test 1.00 probably
Friday, May 25, 2012
GLP CHART - Resistance at 2.02 lifted off, currently at 2.04... more short term upside if stay above 2.02.
OLAM CHART - Break below yesterday low of 1.68... currently at 1.66.... seems like weakness and sell down still in placed...
Thursday, May 24, 2012
INDO AGRI CHART - Support at 1.25 breached, now at 1.24.... more weakness to come if it does not close above 1.25 level....
NOBLE GROUP CHART - Support at 1.05 holding currently, now at 1.065. Came down from recent high of above 1.50 in Feb.
Possible to stage a rebound from this support level after consolidation. Put a strict stop loss at 1.04 if support at 1.05 does not hold.