Wednesday, July 13, 2011

SEMB MAR CHART - Trading at the lower end of the range now.... Currently at 5.20....

Can lock in some positions from 5.16 to 5.20 and take profit above the 5.38 level.... Stop loss below 5.10.

Att00028

NOBLE GROUP CHART - Possible to accumulate from 1.85 to 1.875 to pick near bottom.... If it crosses above 1.90 resistance level, can head to 1.96 short term....

Now at 1.885 already.... Put a stop at 1.825


STX OSV CHART - support remains at 1.40..... Possible to accumulate from 1.40 to 1.42 level... If clear 1.50 level, more upside seen at all time high....

Put a stop at 1.37...

Att00028

GOLDEN AGRI CHART - Possible to accumulate from 0.67 to 0.68 level on the dips to catch any rebound back up to above 0.700....

Currently at 0.69 level.... Clear resistance at 0.715, tested it a total of 3 times already but failed to break above..


Tuesday, July 12, 2011

YANGZIJIANG CHART -from previous chart -- BROKE support at 1.39... now at 1.37, possible to head lower from here.... 1.32 next support...

Att00188

YANGZIJIANG CHART - Testing 1.39 support level real soon..Now at 1.40.. if this support level breaks, can see it go to 1.32 next support below consolidating for a while....

UOB CHART - Support at 19.50 broken, likely to head to 19.00 level.... Can consider accumulating some from 18.94 to 19.00 level to catch any rebound when market strengthens again !!!

Att00070


NOL CHART - Support at 1.44 broken...NOW AT 1.42...... Next support at 1.40 then 1.36.....

NOBLE GROUP CHART - Support at 1.90 did not hold today.... now at 1.89.... Likely to head lower to test 1.85.....

Note that the 1.83 to 1.85 level seems strong, tested a total of 3 times including recent mid June..... Traders who would like to bottom catch can queue for some at those levels, put a stop at 1.82.

GENTING SP CHART - Support at 1.88 tested and failed to hold above... Now at 1.87... likely to head lower to test next 1.83 support level....