****** Impending breakout again: Vard Holding. Share price 0.975. (Monitor closely for Breakout and entry !)

Following up from BUY Trading Call made last Thursday.  Vard has indeed traded higher each day and it is about the test the CRITICAL 1.00 level. Something like Yangzijiang 2 days back. There are currently huge sellers stacked at the Incredible resistance at this moment and this will likely be a barrier to go above. However, we can expect to see more Short term Potential upside to 1.06, 1.10, then 1.20 if the sellers at 1.00 can taken out . Possible to set a CFD BUY STOP to catch this breakout level and can average up at 1.005 to 1.01. If the breakout does occur above 1.00, this will be the new support level and as long as it holds, we are short term bullish for a rebound.

Stop loss at 0.985 for long positions on breakout.

 

******* For Aggressive Traders: YHM - TRADING BUY on breakout . Share price 0.050 now. (All time high broke the 0.048. - Watch closely, more upside if the 0.050 and 0.051 clears out !)

YHM is currently at an all time high as it has broken the Critical 0.048 level. Has been consolidating below this level since the start of the year till now and we have finally seen it broke across today. More upside if the 0.050 clears out and if it stays above. Possible to head to 0.06 quickly if that happens. Has tested it 3 times since May 2013 but has failed to break above each time only to head lower again. This breakout on TOP 3 volume will be likely to see some upwards momentum going forward in the next few days.

Stop loss at 0.046 strictly.

 

 

******** Broke out from Ascending Triangle: Indo Agri. Share price at 0.835. (Must cross 0.85 for more upside)

Indo Agri has staged a breakout above the immediate 0.82 resistance which it has consolidated below for about 3 weeks and where a slight Ascending Triangle Pattern formation has emerged. Possible to see it test the next resistance at 0.85 before more upside. As long as 0.82 holds as support for now, we are Short term bullish to 0.85. As break above 0.85 can pave the way to 0.900 fast. Note that it has also broken above the 20 DAY MA (Green line) 3 days back and managed to stay above strongly signaling short term change to upward direction. A trade for a potential rebound, something like Noble Group posted this morning !

Stop loss at 0.81

 

******* A potential Rebound: Noble Group. Share price 0.89. (Wait for the break above 0.900 critically)

Noble Group has just began its rebound a few days ago when it broke above the 0.85 resistance level. Immediate resistance is at 0.89 now which it has just broken above today. High as of now is 0.895.  This 0.89 was the previous support turned resistance level. Has been trading below this 0.89 level for about a month and have finally seen  it crossed above today on reasonable Volume. A break above 0.89 and more confirmation a break above 0.900 will be a short term positive. Likely to test 0.900 Critical resistance today and we shall see if it manages to break above, Can average up on this 0.900 breakout too. Target to 0.95 then 1.00.

Stop loss at 0.88

 

 

*********** Aggressive Trading BUY: Albedo 0.057. Cleared 0.055. (Ascending Triangle Breakout seen)

For aggressive traders, target 0.06 then 0.07. Mainly a short term trading play on  Breakout. Has been testing this 0.055 resistance level for about 2 weeks before breaking out today. Could possibly be a new momentum upwards from now again if support stays at 0.055.

Stop loss at 0.053 strictly.

 

******* Broke out of resistance: Cosco Corp. Share price 0.765. (Monitor for more upside above 0.78 resistance level)

Cosco Corp has broken out above the 0.75 immediate resistance. Critical resistance 0.78 level which it has neared today but never touch. Given this break out seen today, likely to consolidate from 0.75 to 0.78 in the coming days before a clear direction is seen and it attempting to break above 0.78. As long as 0.75 remains as new support, we are bullish with a target price of 0.800 then 0.84 if the 0.78 clears out. A break below 0.75 would open the way back to 0.700 support level.

Stop loss at 0.74

 

******** Still a BUY on consolidation: China Env. Share price 0.385. ( Tested 0.400 resistance, soon.....)

Following up from previous BUY call made last Monday on 2^nd September 2013. China Env has managed to stay above the 0.35 resistance turned support level and today we have seen it test the 0.400 immediate psychological resistance level. Can consider locking in some Long positions within this range above the 0.35 support. As long as 0.35 is not broken down, we favour a up move with 0.44 and 0.50 as the next target if the resistance at 0.400 clears out. Possible to average up at 0.405 to 0.41 level on break out for aggressive traders.

Stop loss at 0.345.

 

******* Trading BUY: Yangzijiang. Share price 1.01.

Following up from previous BUY call last Friday. Yangzijiang has broken the CRITICAL 1.00 resistance level. Likely to push higher in the short term to 1.05 then 1.10. As long as 1.00 remains as new support level, more short term upside possible. TOP 5 Volume seen currently on Breakout. Look at the gap it can fill, went to a high of about 1.10 in Jan 2013 before dipping down.

Stop loss at 0.98

CS - 10 September 2013

CIMB - 11 SEPT 2013