Wednesday, January 29, 2014

****** SELL: OEL Hldgs. Share price: 0.097. Broke 0.100 support....

OEL  has traded above the 0.100 Critical support for about 4 months only to break below today on reasonable volume together with other pennies weakness. May head lower to 0.090 to 0.094 next support. May find a rebound at 0.090 level which also coincides with the 200 DAY MA line( Dotted blue line). CFD sell trade opportunity to ride the temp weakness.
Stop loss 0.102.
 

********** Broken Psychological Support: Vallianz. Share price 0.146. ( Support at 0.150 tested and broke, cautious)

Vallianz might experience some downside first before a rebound as support at 0.150 has been broken. Has stayed above for more than a month before breakdown seen today. Can head to 0.140 to 0.120 if it does not retrace back up this support turned resistance. Sell trade possible under CFD.
Stop loss 0.152.
 

Monday, January 27, 2014

********* Sell: Capitaland. Share price 2.84. ( Broken immediate support again)

Capitaland has broke the 2.95 support more than a week ago and did not manage to bounce back above it. Has broke the immediate 2.85 support today on pretty strong volume, likely to head lower to 2.80. A break below 2.80 can see it go to 2.60 range. Cfd SELL trade opportunity. A slight descending triangle downward pattern formation from July to Dec last year before it broke the support which can signal some bearishness.
Stop loss at 2.88
 

****** Sell: SIA. Share price 9.87. Broke 10.00 and 9.90. - CFD sell trade.

More downside likely for SIA after it has broken the 10.00 support strongly yesterday and dipped further today. Can see it go to 9.40 to 9.60 range which was the low set in September last year. Possible to accumulate around there for a rebound. CFD sell trade to ride more downside before upward retracement.
Stop loss at 9.96
 
 
 

Tuesday, January 21, 2014

********* Opportunity to accumulate on consolidation: Charisma Energy. Share price 0.078.

Charisma is trading range is from 0.076 to 0.084 for more than a week. Might be a good opportunity to accumulate as it dips downwards to near support. Supported at 0.075 to 0.076 at the moment. At this level. It is also trading above the 20 DAY MA support. A break above 0.085 can see it test 0.090 fast. Any uptick above 0.090 can see a new phase upwards.
Stop loss 0.073
 

******** Potential Upside still intact: KLW. Share price: 0.038. (To clear 0.040 for more upside) - REPOST

20 January 2014
REPOST - Has manage to clear above 0.040 last Friday after posting. As mentioned, more upside as long as 0.040 holds as new support.
 
 
Sent: Friday, January 17, 2014 12:14 PM

KLW has been consolidating from 0.034 to 0.040 for about 2 weeks already. Seems likely to test the 0.040 again. Critical level to watch on more upside with the right volume. Can consider accumulating if it dips to near 0.034 support, also the 20 DAY MA support,  which it can also rebound from. A break above 0.040 can see it go to 0.045 to 0.050 fast before some consolidation again. Take profit along the uptick.
Stop loss 0.029.
 
 

Friday, January 17, 2014

********** Potential Upside still intact: KLW. Share price: 0.038. (To clear 0.040 for more upside)

KLW has been consolidating from 0.034 to 0.040 for about 2 weeks already. Seems likely to test the 0.040 again. Critical level to watch on more upside with the right volume. Can consider accumulating if it dips to near 0.034 support, also the 20 DAY MA support,  which it can also rebound from. A break above 0.040 can see it go to 0.045 to 0.050 fast before some consolidation again. Take profit along the uptick.
Stop loss 0.029.
 

******** Trading Buy: SIIC Env. Share price 0.192.(Rebounded from 20 DAY MA Line, cleared immediate resistance)

SIIC has rebounded from the 20 DAY MA line for the past week after touching it and today we have seen it breaking above the 0.190 resistance which was a barrier for the week. More upside to 0.20 and 0.205 can be possible if it stays above. Volume rising again on the back of this breakout.
Stop loss 0.187