Wednesday, April 29, 2009
Jiutian
 Jiutian currently is in trading range of 6 cts - 7.5 cts. A break above 7.5 cts should see further upside to 9 cts. A break below 6 cts should see further weakness to 4.5 cts. Not an inducement to trade. |
Friday, April 24, 2009
Genting
 Genting may have good chance to breakout from its immediate resistance at 63 cents. |
Thursday, April 16, 2009
Chartered
 Chartered is facing immediate resistance at 15 cents (23.6% fibonacci retracement) currently. A break above this resistance will poise for further upside to test on its 38.2% fibonacci retracement around 18 cents - 18.5 cents. Other resistances are its 50-day moving average and gap created on 9 March 2009. There is an old saying that all gaps will be filled. Let's see whether the gap on this chart will be filled or not (partially or completely). |
Wednesday, April 15, 2009
RafflesEdu
 RafflesEdu broke out upside from its resistance yesterday. Next resistance is its 100-day simple moving average (red line). Immediate support will be its 50-day simple moving average (blue line). Next support is its upward sloping lower trendline. Not an inducement to trade. |
Sunday, April 12, 2009
Parkway
 Parkway's downside momentum has gradually decreased. Fibonacci retracement resistances are $1.24-$1.25, $1.30, $1.37, $1.48 ...... The blue and the green lines are support. |
Sunday, April 5, 2009
HongFok
 HongFok is forming a potential double bottom with neckline resistance at 28 cents but until key resistance is broken, a reversal cannot be confirmed. |