Can enter from 9.28 to 9.34....if stay above 9.30 would be positive....
Thursday, June 30, 2011
DBS CHART - Crossed back above the 14.50 mark finally... More upside to 15.00.....
Possible to get some from 14.50 to 14.56.... take profit above 14.90....
Wednesday, June 29, 2011
GENTING SP CHART - Range is clearly from 1.88 to 1.93 currently... 5 cents range.... If this 1.93 level is lifted off, can go to 1.98 then 2.03 !!
On any market pull back can accumulate from 1.88 to 1.90.... take profit on any rebound...
Tuesday, June 28, 2011
DYNA MAC CHART - TOP Volume today..... NOW AT 0.57 !!!! HAS CROSSED this 0.565 resistance on very strong volume... More upside likely to 0.600.......
Possible to get some from 0.565 to 0.575, for short term trade !!
Monday, June 27, 2011
GENTING SP CHART - Range is from 1.88 to 1.93.... Appears to have rebounded from the bottom of 1.83 last week....
Investors can start to accumulate around this level for more upside to above 2.00.... Traders can trade the range by getting some from 1.88 to 1.90....
Friday, June 24, 2011
STX OSV CHART - Has broken out of the 1.25 resistance.... this will be the support level currently.... Likely to head higher in the near term to 1.30 then 1.35....
Has consolidated below 1.25 for a month, finally broken upwards.. Possible to get some from 1.25 and 1.26 for near term upside...
COSCO CORP CHART - Rebounding across the resistance level at 1.88... if stay above likely to head to 1.96 then 2.01....
Look at the rebound phase in END March, certainly a good counter to pick up to ride this rebound....
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
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...
Wednesday, June 22, 2011
COSCO CORP CHART - Testing the 1.88 resistance level currently.... If this level breaks average up, next target to 2.01....
Look at the rebound at End of March 2011 to early April 2011 all the way to above 2.30 plus.... If 1.88 breaks very strong possibility of it repeating the rebound !!
GENTING SP CHART - Has crossed above the 1.88 resistance level yesterday... this 1.88 has now turned support level....
Genting would most likely consolidate from the 1.88 to 1.93 range if it holds above this 1.88 support. If this 1.93 level lifts off, can see more upside to above 2.00
DYNA MAC CHART - Has crossed 0.525 resistance on HIGH volume today, Now at 0.53 !!! near term resistance at 0.565 next....
For a short term trade, can get some at 0.525 or 0.53 now (9.33am)..... Stop loss below 0.52
Tuesday, June 21, 2011
Monday, June 20, 2011
GALLANT CHART - the support at 0.365 seems to hold... rebounding from 0.365 support today on pretty strong volume, TOP 10 Volume.... NOW AT 0.38 !!
Next resistance at 0.405, average up on the break of resistance to nest target of 0.44....
Friday, June 17, 2011
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….
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.
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...
Friday, June 10, 2011
OSIM CHART - Appears to have found a bottom with 1.49 as near term support... coincidentally hovering just above its channel support level... Bargain hunters might want to use this opportunity to accumulate at a great discount...
Possible to head back above the 1.60 level as investors digest Proposed issue of S$120m of convertible bonds news.
DBS CHART - Back to below the 14.60 level again, investors ot traders can enter some for a rebound back to above 14.90 level...
Enter from 14.50 to 14.58 if possible... now at 14.58 already…..
Thursday, June 9, 2011
KEP CORP CHART - Possible to accumulate from 11.06 to 11.12 range... take profit at the 11.50 level on a rebound.... Analysts are still positive on this counter....
Stop loss at 11.02 as it can head to 10.48 on the break of support at 11.06....
Wednesday, June 8, 2011
UOB CHART - Clearly trading at the lower end of the 19.00 to 19.60 range... Good to accumulate this blue chip at a great discount below 19.10...
Trade the rebound phase to above 19.50....
Tuesday, June 7, 2011
OCBC CHART - Good to accumulate this below 9.30 !!!! Take profit around the 9.54 level.....
Now at 9.28.... Don miss this ! DBS AND UOB has rebounded after we have sent out the charts this morning !
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...
Friday, June 3, 2011
GENTING SP CHART - Consolidating from 1.98 to 2.03 still.... Traders can trade this 5 cents range....
Possible to buy on dips from 1.98 to 1.99..... take profit quickly within the range from 2.02 to 2.03.....
COSCO CORP CHART - Still consolidating above the 1.88 support level.... Investors can try to get some from 1.88 to 1.92 level...
Resistance at 2.01 must clear before it heads back up to 2.30 level...
Thursday, June 2, 2011
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