Traders who would like to trade this range or break up can consider getting some from 2.08 to 2.09....
Wednesday, June 1, 2011
Tuesday, May 31, 2011
EZRA CHART - PULLING away from consolidation phase.... broke 1.59 resistance... next resistance at 1.63 before 1.72....
Aggressive traders can consider getting some at 1.50 to 1.60... trade the rebound back up...
SIA CHART - Strong resistance at 14.26.... tested it a total of 4 times including today.... if this level break, trading buy to target of 14.50....
Now consolidating just above channel support line as seen...
STRAITS ASIA CHART - HAS BROKE the 3.00 resistance on HIGH VOLUME today... now at 3.02.... more upside likely to 3.10.....
Aggressive traders can enter this level on the break of resistance..... Target 3.10
Monday, May 30, 2011
COSCO CORP CHART - Range is from 1.94 to 2.01.... Consider getting some at from 1.94 to 1.96....
If the 2.01 level breaks, will be quick to head to 2.10..... Note that it is currently consolidating within the range just above the channel support (upward sloping line)......
GENTING SP CHART - trading range up slightly....from 1.98-2.02 to 2.00-2.03
Consolidating at the moment.... If 2.03 clears, can see it head towards 2.06.....
SUNVIC CHART - Crossed the 0.800 RESISTANCE level which it tested 2 times last week, more upside to be seen to 0.85 near term target...
Possible to get some from 0.800 to 0.805.... Take profit on an rebound above 0.835.... Good luck... Buying interest seems to be picking up with volume increasing today....
Subscribe to:
Posts (Atom)