************** Trading SELL (FOLLOW UP): Yangzijiang. Price: 1.045 (Broke 1.05 support, more downside !!!! )

Following up from Previous SELL CALL. Yangzijiang has broke the 1.05 temp support level again, target to 1.00 then 0.97 can be possible. Can continue to ride the downside and cover back near to 1.00 level.

Buy stop at 1.07

 

************** Potential Breakout: KLW. Price 0.044 ( When will the 0.046 and 0.047 clear ?)

KLW has been consolidating below 0.046 for almost 2 months already. Testing this critical resistance today again on TOP 2 volume. So far to no avail that it has broken up. You can see from the chart that it has formed higher lows since a month ago and staying close to the 20 DAY MA line, support would be at 0.40 currently. Potential upside to 0.50 the 0.054 if key resistance levels are cleared. Monitor closely for any breakout

Stop loss at 0.038

 

 

************ CFD SELL (FOLLOW UP): Yanlord - Broken support as mentioned previously.... (Sell)

Following up from previous CFD SELL CALL. Yanlord has indeed traded lower and broken below the 1.085 support yesterday. Traded lower at 1.065 as of now. More downside likely, those who have shorted can consider covering back position below 1.03. A breakdown of support at 1.05 can eventually see it head towards Psychological 1.00 where we might see a temp rebound.

Buy stop at 1.105

 

*********** Broke out of consolidation Again: THBEV. Share price 0.63

Following up from previous Trading BUY Calls. Thbev has indeed broken up above 0.600 and consolidated for more than a week within the range of 0.60 to 0.62. Today we have seen a further breakout on TOP 5 VOLUME upwards above 0.62 with a high at 0.64. Likely to see it test 0.65 in the near term.  0.700 can be the next possible target if even resistance at 0.65 clears out. Monitor closely and take profit along the way above 0.68.

Move Stop loss up at 0.61

 

************ Figtree: Breakout of Consolidation again..... More upside !

Following up from trading call last week (See below). Figtree has indeed traded higher touching a new high at 0.46 today. Likely to test 0.50 soon in the next few days. Support would be at 0.44 region with stop loss at 0.425 the same. A BREAK Above 0.500 can pave the way higher to new consolidation phase. Can continue to ride the uptrend till it proves otherwise.

 

Sent: Thursday, March 13, 2014 5:21 PM
Subject: ************ Figtree: Breakout of Consolidation again..... More upside !

Figtree has consolidated below 0.44 for about a week before breaking above this resistance again. Poised to see it touched the 0.50 target in the short term if can stay above the 0.45 level….. Volume reasonable today. Stop loss at 0.425. Can put this counter in your watch list and try to accumulate on any pullback above 0.44 support, uptrend seems to be still strong.

 

************* Trading BUY: Vard Holdings - Share price 1.01..... ( Broke critical 1.00 !!!)

Following up from Trading call last week.  Vard has indeed traded upwards and broken upwards above the CRITICAL 1.00 psychological level… More upside now if it stays above the new 1.00 support level. May try to test 1.10 first before heading higher, a break above 1.10 can see it test 1.20 which was the high seen in June last year.

Stop loss at 0.97.

 

*********** KimHeng Offshore: A reversal to uptrend finally ? Price 0.265. (BUY)

Kimheng has just broken above the 0.25 resistance yesterday on strong volume. This could be the start a new reversal to Uptrend as it has finally broken upwards above the Downward sloping channel resistance line. On top of that, Kimheng has also cleared above the 20 DAY MA short term moving average which also coincides with the 0.25 level…. Next resistance would be at 0.275 and a break above that can see it got o 0.30 to 0.32 in the short term. DBS initiated coverage today with TP AT 0.33 also.

Stop loss at 0.22.

 

 

************** Opportunity to accumulate: DBS. Rebound from support possible.... 15.82 now

DBS has again traded lower to near the support at 15.80, low seen today at 15.80 before rebounding slightly. This was the level that was supported well in Aug last year before it rebounded back to above $17. Those looking to accumulate some strong bank blue chips counters can consider around this level for the longer term and await a rebound. However take note that a breakdown of the 15.80 can also see it trade lower to 15.20 level so save some bullets along the way.