REPOST *********Potential breakout play on volume: Otto Marine. Share price 0.086. (Can the 0.088 clear ?) - NOW 0.089...

Now at 0.089, Let’s see if it manages to stay above the 0.090 psychological level as mentioned yesterday…….

 
Sent: Monday, February 17, 2014 2:58 PM
Subject: *********Potential breakout play on volume: Otto Marine. Share price 0.086. (Can the 0.088 clear ?)

 

Otto Marine currently at TOP 10 Volume has broken the 0.083 immediate resistance. Likely to trade within the range of 0.083 to 0.088 within the next few days. Monitor closely for a breakout above 0.088 and confirmation at 0.090….. if it does happen, poised to trade higher on momentum to 0.095 to Critical 0.100 resistance level. Also note the pulling away upwards from the 20 DAY MA Green line finally after being alongside for the past 1 week.

Stop loss at 0.081

NEWS - 13 February 2014

*Otto Marine: Clinched a US$11.3m long term charter contract for its 2,800 bhp AHTS vessel, Go Emerald, to be deployed in Western Australia.

 

************ Trading BUY: Vallianz. Share price 0.152. Broken out of Downtrend finally...

Vallianz has broken up above the downtrend line (which can signal a change in direction upwards). Even the 0.150 resistance level which also coincides with the 20 DAY MA short term Green line has been convincingly cleared. As long as it stays above 0.150, more upside likely back to 0.160 to 0.180 range.

Stop loss at 0.147.

 

 

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Sent: Monday, February 10, 2014 10:31 AM
Subject: ******** May stage a rebound: Vallianz. Share price 0.145. (To clear 0.150 convincingly)

 

Vallianz has been consolidating from 0.140 to 0.150 for the past week. A break out above the downtrend channel resistance line at 0.150 can signal a move back up. Possible to touch 0.160 then which is the 20 DAY MA line. Possible to acumulate within range for a potential rebound.

 

********** May continue uptrend on breakout: Hankore. Share price 0.119.

Sent: Monday, February 17, 2014 11:40 AM
Subject: ************ May continue uptrend on breakout: Hankore. Share price 0.119.

 

Hankore has staged a strong breakout above the channel resistance downward sloping line last Friday. Quite a convincing breakout seen on Top volume previously. This could mean a reversal of the short term down trend. Next resistance to watch is the psychological 0.120 level which is also the high for today. At this price level it has also lifted above the 20 DAY Short term MA which can signal strong short term momentum. A break above 0.120 can pave the way to 0.125 which was the previous high in Jan last month. Lets see whether sellers at 0.120 get cleared out?

Stop loss at 0.114

 

 

News – 17 February 2014

*HanKore: 2QFY14 net profit rose 20% y/y to Rmb29.4m as revenue surged 245% to Rmb197.9m on the back of higher contruction revenue of Rmb116.1m (+12-fold) arising from work performed in Xianyang, Yangzhou and Nanjing Liuhe plants, maiden contract revenue of Rmb25.5m and recurring water treatment income of Rmb56.3m (+18%). Gross margin eased to 39% from 51% due to higher construction mix. Bottomline was weighed by higher admin (+52%), repair and maintenance (+385%) and finance expenses (+35%), coupled with tax increase attributed to newly acquired Jiangsu Tongyong.

 

********* Buy on Dips: Hankore. Support at 0.108. (Positive near term as long as it holds) - REPOST

Now at 0.118, finally manage to break out on TOP VOLUME TODAY……

 

Sent: Monday, February 03, 2014 12:34 PM
Subject: ********* Buy on Dips: Hankore. Support at 0.108. (Positive near term as long as it holds) - REPOST

 

Still a buy as long as 0.108 holds………

 

 

 

Sent: Monday, January 27, 2014 5:05 PM
Subject: ******** Buy on Dips: Hankore. Support at 0.108. (Positive near term as long as it holds)

 

Possible to accumulate Hankore from 0.108 to 0.110 as it nears the critical support again. A play on rebound back to 0.120 to 0.125 level which is the resistance set in Jan. Including today support has held for about 3 times after testing it already. Short positions on breakdown.

Stop loss at 0.106 strictly as support have been broken at 0.108.

 

********** Downside in the short term before rebound: KLW. Share price 0.037. REPOST - NOW 0.035

REPOST - NOW 0.035

 

Sent: Thursday, February 13, 2014 4:04 PM
Subject: ********** Downside in the short term before rebound: KLW. Share price 0.037.

 

Seems like it is unable to hold above the 0.038 support and buyers at 0.037 pulling out at the moment. A convincing breakdown with buyers completely taken out at 0.037 and 0.036 can see it go to 0.034 then 0.030. Note that it has also broken below the channel support line (Upward sloping) a few days back which can signal some change to downtrend. Those with long positions might want to consider to cut loss first.

 

 

******** Trading BUY: Kris Energy. Share price 0.755, Broke out of consolidation. Rebound possible.

Kris Energy has broken out of consolidation phase above 0.75 this morning. If it manage to stay above this, likely to see a rebound back to 0.800 to 0.900 range. Rising on stronger volume today also on the back of a Overweight report by HSBC which states that stock offers a 51% potential return. At this level, it has also cleared above the 20 DAY MA Short term line after more than a month which can signal some momentum in the coming days. A break above 0.800 could be further confirmation of the upwards retracement after the huge sell down last month.

Stop loss at 0.735.

 

 

13 February 2014

NEWS: *KrisEnergy: Acquires 1,300 km of 2D seismic data in the East Muriah PSC in the East Java Sea, Indonesia. Group holds a 50% working interest in the East Muriah PSC, which contains the East Lengo gas discovery and covers 3,751 sqm km in offshore East Java. This seismic acquisition preceds the drilling of an appraisal well planned for 3Q14.

 

13 February 2014

 

 

********* Potential Downside on break of support: OEL. Share price 0.084. (SELL)

Sent: Wednesday, February 12, 2014 1:08 PM
Subject: ********* Potential Downside on break of support: OEL. Share price 0.084. (SELL)

 

Support at 0.085 seems to have broken for now. Let’s see if it still manages to stay above 0.085 in the next few days.

If the 0.084 and 0.083 buyers are taken out further, this could serve as a confirmation. Target to 0.080 then 0.076. CFD sell play on more downside.

 

 

******** Trading Buy on New High: Jason Hldgs. Share price 0.335. - REPOST. NOW AT 0.36.

Still a buy with target to 0.400. Raise stop loss to 0.335. Now at 0.36. Top 30 Volume still seen at the moment.

 

 

 

Sent: Friday, February 07, 2014 12:00 PM
Subject: ******** Trading Buy on New High: Jason Hldgs. Share price 0.335.

 

Jason Hldg has broke a new high by clearing the Critical resistance at 0.300 a few days back. A short term target to 0.35 to 0.40 can be possible. As long as 0.300 holds as new support, upside still possible.

Stop loss at 0.285