Wednesday, August 10, 2011

COSCO CORP CHART - Broke support at 1.30 clearly.... Now 1.27, more downside likely !!

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COSCO CORP CHART - Broke support at 1.30 clearly.... Now 1.27, more downside likely !!

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WILMAR CHART - Becoming a bargain again... support remains at 5.00 held for the past 5 months already.....

Will appear very attractive below the 5.15 level..... can start to accumulate then and be patient for any rebound back up.... Stop loss clearly at 4.96

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TIGER AIRWAY CHART - Still holding above critical support level at 0.99 and 1.00.....

Possible to accumulate for any rebound from 1.00 to 1.03..... Put a clear definite stop loss at 0.975. (Don even hesitate). Catalyst will be removal of suspension in Australia.

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OCBC CHART - Support at 9.00 still holding for now..... Traders who would like to ride any blue chip rebound can consider enter this from 9.00 to 9.05, good luck

Stop loss at 8.96... remember that markets are very volatile at the moment and get move either ways due to any news flow...

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