Monday, September 5, 2011
KEP CORP CHART - 8.40 is the recent low before it bounced up to above 9.00...
Now at 8.52, possible to test the 8.40 level if it crosses below 8.50..... Traders who would like to catch this rebound can consider below the 8.50 level slowly... take profit on rebound, stop loss at 8.36...
SEMB CORP CHART - Hovering just above support level 3.85 again..... Traders who like to catch any rebound can consider accumulating around here, put a stop at 3.77
Next support after 3.85 is 3.80... Note that it rebounded sharply to about 4.30 last week on market strength before dipping again to now… Now at 3.88..
Friday, September 2, 2011
GENTING SP CHART - Testing support level at 1.60, currently at 1.61....
If 1.60 breaks off, can head lower to 1.54 then 1.50 critically....
SMRT CHART - Resistance turned support at 1.78... Currently at 179, support still holding....
Range from 1.78 to 1,85 if support holds... Good to accumulate defensive counters like this, high yield to ride through volatility....
Thursday, September 1, 2011
SATS SERVICES CHART -Broke out from consolidation phase at 2.25 .... Now at 2.28.... more upside likely in the short term if crosses above 2.30...
Possible to close the gap back up to 2.50 level.... put a stop at 2.23
INDO AGRI CHART - broke above 1.40 resistance level, now at 1.42.... If stay above at 1.40 can head higher in the short term.
Target to 1.50 critically. Put a stop at 1.385
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