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
put a stop at 0.93, has been in those consolidating range for about 2 weeks.
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.
Target to 2.15 possible.... resistance tested 5 times and finally cleared today.
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....
Next support at 1.20 then 1.14 (Oct low last year)
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.
Friday, May 18, 2012
DYNA MAC CHART - Support at 0.38 did not hold. now at 0.36. can head lower to find next support, be cautious
0.38 was the low in Nov last year before rebounding back...
Must stay above or more down side in placed
Wednesday, May 16, 2012
OSIM CHART - 1.20 support level broken, now at 1.18.... next support at 1.10
Has stayed above 1.20 for about 2 months but broke it today on market weakness... more downside possible..
EZRA CHART - Broke the 1.00 support level, a psychological level has been cleared too. Now at 0.99, more downside to 0.95 likely.
Descending triangle formation broke down of support... be cautious...
Friday, May 11, 2012
GENTING HK CHART - Broke support at 0.34, now at 0.335 clearing.... more downside likely on market weakness...
Technically, you can see that the neckline of the head and shoulder pattern has been breached, which can signify more weakness…
Wednesday, May 9, 2012
SHENG SIONG CHART - Likely to test 0.400 again...now at 0.42.. 0.45 support level did not manage to hold (was above this level for 4 months...
Bargain hunters can consider accumulating some nearer to 0.400... might stage a rebound from this level again.
Tuesday, May 8, 2012
SEMB MAR CHART - Broke the 5.00 critical support yesterday on weak market sentiment. Currently at 4.89.
Must stay above this 5.00 level or more downside possible. Note that this 5.00 support was broken in Aug last year which saw this counter hit a low of 3.05 in Oct. Might find a new support at 4.50.
Monday, May 7, 2012
SGX CHART - Descending triangle break down of support at 6.66. Now at 6.59.... more downside likely on weak market...
Possible to head to 6.40 or find new lower support
Thursday, May 3, 2012
SKYONE CHART - Resistance at 0.355 has cleared. tested a total of 4 times and finally cleared. now at 0.36. More upside to 0.4 possible.
Short term trading opportunity. Strong momentum still in placed.
CAPITALAND CHART - Major resistance and psychological resistance at 3.00... any break out above this level can see it head to test 3.20.. ((tag: Capitaland)
Watch the break out, possible for a short term trade on this break.
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