Thursday, September 30, 2010

Allgreen 30-Sep-10 (Sell)

Entry Price: 1.19
Target Price: 0.925 (22%)
Stop Loss: 1.3 (9%)

Soundglobal 30-Sep-10 (Update on previous Conviction Buy)

Price had hit previous TP of $0.87. With the break-out from the descending triangle (Green line), expect further moves up as indicated by the narrow uptrend line (Blue line).
Break-down of the uptrend line will indicate possible testing of the descending triangle resistance turn support line (Green line). As long as price remain above the downtrend resistance line (Green line), suggest to go long on dips and at turning point.

Entry Price: 0.725
Previous Target Price: 0.87 (18%)
New Target Price: 1.01 (39%), 1.2 (65%)

Monday, September 27, 2010

Friday, September 24, 2010

Synear 24-Sep-10 (Buy)

Entry Price: 0.275
Target Price: 0.330 (20%) / 0.355 (29%)
Stop Loss: 0.25 (9%)

Ying Li 24-Sep-10 (Buy)

Entry Price: 0.425
Target Price: 0.50 (18%) / 0.61 (44%)
Stop Loss: 0.38 (11%)

C&O Pharm 24-Sep-10 (Update on previous Buy)

Prices have hit passed previous TP of $0.48. Currently still holding long and adjusted TP to $0.62 to test long-term uptrend resistance line (Purple line).

Short-term wise forming an ascending triangle (Blue line) from which a break-out is expected.

Entry Price: 0.42
Target Price: 0.62 (48%) (Adjusted)
Stop Loss: 0.48 (Adjusted)

Thursday, September 23, 2010

Cosco Corp 23-Sep-10 (TP reached)

Target price of $1.82 reached. Position closed.

Entry price: $1.32 [30-Jul-10]
Exit price: $1.82 [23-Sep-10]
Profit: 38%

Existing long positions should look out for a break-out of medium term uptrend (Orange line) to test long term uptrend resistance line (Green line).

Monday, September 20, 2010

Sinotel 20-Sep-10 (Buy)

Entry Price: 0.375
Target Price: 0.44 (20%) / 0.515 (37%)
Stop Loss: 0.345 (8%)

RafflesEdu 20-Sep-10 (Buy)

Entry Price: 0.29
Target Price: 0.33 (18%) / 0.36 (29%)
Stop Loss: 0.255 (9%)

Swiber 20-Sep-10 (TP reached)

Target price of $1.12 reached. Position closed.

Entry price: $1.00 [03-Sep-10]
Exit price: $1.12 [20-Sep-10]
Profit: 12%

Existing long positions should look out for $1.17 (Support turned resistance uptrend line).

Wednesday, September 15, 2010

Straits Asia 15-Sep-10 (Sell)

Entry Price: 2.28
Target Price: 1.91 (16%)
Stop Loss: 2.40 (5%)

Recent rally on low volume (Purple circle). $2.31 levels appear to be strong resistance as indicated by 4 previous peaks (Blue circles). Expect to retest the downtrend resistance turned support line (Green line).

Saturday, September 11, 2010

FirstReit 9-Sep-10 (Comment)

Trading within medium term uptrend (Green line). Attempted to break out of long term support turned resistance uptrend line (Purple line) on 29-Jul but failed.

Currently trading in short term down trend (Blue line). Days of falls have been accompanied by increasing volume indicates a downside bias.

Low volumes and lack of significant upside/downside potential for trading.

Saturday, September 4, 2010

Swiber 3-Sep-10 (Buy)

Entry Price: 0.99
Target Price: 1.10 (10%) / 1.20 (20%)
Stop Loss: 0.94 (5%)

Capitaland (Update on previous Sell)

Capitaland forming a short-term descending triangle while currently testing long term downtrend line (Green line). Expect downtrend line to be broken, possibly hitting $4.20 / $4.40.
Cut and take profit for short position previously entered at $4.05.