August 17th, 2010 by Marubozu
An Elliott Wave has been formed on Keppel Land and seems that currently KepLand is trading in Wave A now. Short term Wave A target is at least reach $3.50 which is 78.6% Fibonacci Retracement Level. Coincidently this level is also a 200D MA support. Base on the chart pattern, KepLand is bearish. Other technical indicators like [...]
July 28th, 2010 by Marubozu
China Fishery looks like starting an Elliott Wave C. If the Elliott Wave count is correct, very likely China Fishery will break this uptrend support line and may go down to $1.60 which is the 618% Fibonacci Retracement Level. $1.90 is the critical support to watch as it is a 78.6% Fibonacci Retracement level + [...]
July 11th, 2010 by Marubozu
Ezra seems like have completed a nice and complete Elliott Wave pattern (1,2,3,4,5, A, B, C). Currently Ezra has formed a higher low and testing the 61.8% Fibonacci Retracement resistance at $1.805. Breaking above this resistance will give Ezra to test 20D and 50D MA resistance at about $1.84. Going above these resistances give Ezra [...]