More upside on any break above the 12.00 critical level !!!
Monday, October 31, 2011
SIA CHART - resistance has turned support at 11.50.... if stay above, trend still intact.... possible to acumulate some from 11.50 to 11.60 level....
Friday, October 28, 2011
TIGER AIR CHART - NOW AT 0.73.....Short term trading buy...target to 0.800 clearly...... look at the gap it has to fill.....
put a stop at 0.685..... 0.73 going fast..
KEPLAND CHART - 2.80 resistance cleared convincingly... now at 2.86..... target to 3.00 first then 3.20....
put a stop at 2.76.... Short term trade opportunity..... more upside likely on this break....
Thursday, October 27, 2011
SIA CHART - 11.50 RESISTANCE has cleared... NOW at 11.56...
More upside likely from now on unless it head to below 11.50 again... support remains at 11.50 now. put a stop at 11.46 , target to about 12.00 first
GENTING SP CHART - 1.65 resistance cleared, NOW AT 1.66.... Volume is TOP 3 currently....... short term target to 1.70 then 1.74....
put a stop at 1.635. short term trading buy definitely….
Tuesday, October 25, 2011
NOBLE GROUP CHART - Clear resistance at 1.50 firmly...... a critical level to watch....
If this level lifts off on high volume, possible to average up on for a short term trade to 1.60.... will buy on this break and put a stop at 1.485.
TIGER AIR CHART - Broke above critical resistance at 0.700 yesterday, staying above it today on strong volume , TOP 10 Volume.... Now at 0.715
Short term trade to above 0.78 possible, put a stop at 0.685 though....
Monday, October 24, 2011
UOB CHART - Rebounding from last week low.... currently at 16.89.... resistance at 16.80 has cleared...
Possible to head higher to about 17.50 level on market strength and positive news flow from the Euro region....
TIGER AIR CHART - Broke 0.700 CRITICAL RESISTANCE LEVEL.... now at 0.71....
Possible to head to 0.800 to close the gap.... put a stop at 0.685 nevertheless...... if 0.71 lifts off, aggressive traders can enter to trade it fast... Volume picking up currently !!!!
Monday, October 17, 2011
GENTING SP CHART - Has cleared the 1.64 resistance level which it has stayed below for almost 3 weeks. Look out for the 1.65 psychological level....
If this 1.65 clears out, more upside to 1.70 likely... put a stop at 1.625
SEMB MAR CHART - Broke above the 3.90 resistance level... now at 3.97....
Psychological level to cross is 4.00.... If this lifts off, can head to above 4.20 level to take profit. Put a stop at 3.86.
Friday, October 14, 2011
SIA CHART - Hovering at channel support level... above 11.15.... Now at 11.27
Critical resistance at 11.50... for longer term still good to accumulate from 11.15 to 11.25..... Near 2009 lows....
Thursday, October 13, 2011
STX OSV CHART - Has crossed the 1.10 reistance on strong volume today... now at 1.12... more upside to about 1.18 level first....
Put a stop at 1.085 still.... short term trading buy !!
NOBLE GROUP CHART - Broke above 1.45 resistance level... can head to test 1.50 then 1.60....
Put a stop at 1.435.... Currently at 1.465.... it is in the TOP 5 volume at current..
SAKARI CHART - 2.10 resistance cleared, now at 2.14..... more upside likely to about 2.35....
Put a stop at 2.07, was below the 2.10 level for almost 2 weeks.... might start to close the gap on any market strength..
WILMAR CHART - Broke critical 5.00 resistance level..... Must stay above for more upside to about 5.30 probably...
Put a stop at 4.96 nevertheless to cap any down side risk.... Initial support was 5.00 which has turned resistance....
Wednesday, October 12, 2011
VENTURE CORP CHART - NOW at 6.95, has crossed the resistance at 6.90... if stay above this level can head higher...
Psychological level to clear is 7.00 before heading to 7.50..... put a stop at 6.86
SIA CHART - Heading down towards channel support line.... Channel support at 11.10....
For longer term play, good to accumulate from 11.10 to 11.20.... Any break up above the key 11.50 resistance on high volume can lead to more upside. Now at 11.22...
Tuesday, October 11, 2011
Monday, October 10, 2011
STX OSV CHART - Broke above key resistance of 1.00 on strong volume today....
Needs to stay above for more upside.... currently at 1.03, possible to head to 1.10 in near term on market strength... Has rebounded quick from 0.80 level up but still below the highs of 1.30s formed in Sept. Traders who decide to go on for a quick trade can put a stop at 0.985 to cap any downside risk.
KEP CORP CHART - Cleared resistance at 8.00, currently at 8.04...
Next resistance at 8.40... this was the support level which it broke before tanking down fast.... put a stop at 7.96
SEMB CORP CHART - Broke above resistance at 3.70... now at 3.74.... if stay above more upside to close the gap in short term...
Possible to head up to 3.90 to 4.00 in short term.... put a stop at 3.67
Friday, October 7, 2011
COSCO CORP CHART - Broke above 0.900 resistance level.... possible to head to 1.00 level...
Short term trade with a stop at 0.885.
Wednesday, October 5, 2011
SIA CHART - Strength despite market weakness for the past month... Accumulate near channel support for long term play....
A channel support is forming gradually (upward sloping line).... this shows strength in this counter as there are higher lows with each passing day even though the market has been rather weak and chopp.. A clear resistance is seen very sharply at 11.50.... you can see that it has tested this 11.50 a total of 5 times and respected it, a critical level to watch for any upside.... currently cap below this level.
Possible to accumulate on dips near channel support line to wait for this breakout above the 11.50 resistance level ! if 11.50 lifts off, will be quick to go to 12.00 psychological level.
Tuesday, October 4, 2011
WILMAR CHART - Near to support level at 5.00.... Possible to get some from 5.00 to 5.08 level... trade to above 5.25...
Has been quite resilient above 5.00 support as you can see from chart... nevertheless put a stop at 4.96.
SC GLOBAL CHART - Broke the support at 1.10 critically..... now at 1.08.... can head lower to test next 1.00 strong support....
If 1.00 does not hold, can go to 0.85 fast.... stop loss if needed or place a short position.....
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