Wednesday, December 1, 2010

NOBLE GRP CHART - range bound for the past week on overall market weakness !!! support at 2.00, can accumulate from 2.00 to 2.02 to range trade to 2.08 to 2.10.... resistance at 2.11 !!

OSIM CHART - STRONG UPTREND STILL INTACT despite weakness in overall market.... support remains at 1.40 now, can accumulate some from 1.40 to 1.42 is possible !!! wait for the NEXT WAVE OF UPTICK !!

WILMAR CHART - cosider to accumulate from 6.00 t0 6.05 !!! well supported at 6.00 now, stop loss on this break of support at 5.96 !!! resistance at 6.18 currently, average up on breaks !!!

COSCO CORP CHART - POSSIBLE TO GET some from 1.98 to 2.02 range, 1.98 remains support, previous resistance level.... Bargain hunting !!!

HISAKA CHART - HAS CLEARED ABD STAYED ABOVE CONSOLIDATION PHASE OF 0.395 !!! more upside likely !!!!

KEP CORP CHART - STAYING ABOVE SUPPORT LEVEL... ACCUMULATE SOME FROM 10.50 TO 10.60, WAIT FOR THE break of 11.05 !!! catalyst will be contract wins from Petrobas being finallised!

NOL CHART - accumulate some from 2.12 to 2.16 range if possible, RESISTANCE VERY CLEAR AT 2.21.... wait for the break, average up on BREAK TO 2.32 !!! LOOK AT THE UPSIDE IN THE long term chart !

SEMB CORP CHART - ACCUMULATE FROM 4.73 TO 4.78 IS POSSIBLE..... resistance has turned support at 4.73!!! trade it to above 4.95 then take profit !! stop loss at 4.68