Friday, March 27, 2009
Biosensors
 Biosensors is in the process of forming another potential mini ascending triangle. Other resistances are 40.5 cts and its 200-day moving average (Purple line). A break above 42.5 cts will poise for further upside. Please bear in mind that 200-day moving average is usually less easy to clear. Not an inducement to trade. |
Wednesday, March 25, 2009
Noble
 Noble's short-term moving average (10-day moving average) has crossed over its long-term moving average (50-day moving average) since yesterday. A break above its upper trendline resistance ($1.23-$1.24) will poise for further upside. However, a break below $1.11 support level will trigger further weakness to test on its lower trendline support (Around $1). Noble's current price range is from $1 - $1.24. |
Monday, March 23, 2009
Epure
 Epure has broken above the mini double bottom within the larger triangle with high volume today. Other resistances will be around 32.5 cts (upper resistance line of the larger triangle) and its 200-day moving average (purple line). Not an inducement to trade. Return of contracts flow by DBS Group Research. Equity : Click here |
Monday, March 16, 2009
StraitsAsia
 StraitsAsia has formed higher lows and horizontal highs at 83 cents. It needs to break above its neckline (84.5 cts) and the two moving averages to see further upside. Other potential resistances are 83.5-84 cts (38.2% fibonacci retracement), 86.5-87 cts (50% fibonacci retracement), 89.5-90 cts (61.8% fibonacci retracement) ...... However, a break below the upward sloping support line will trigger further weakness. Trade with care. Other related link : |
Thursday, March 5, 2009
Capitaland
 Capitaland nearly touched the upper boundary of the downward sloping channel but dropped sharply to the close. If Capitaland cannot break through this zone, it may have good chance to drop back toward the bottom of the channel. |