November 13th, 2011 by Marubozu
Singapore Airlines (SIA) looks like dropping out from a mini up trend channel support after the recent poor earning announcement. MACD is weakening and the stock price is trading below 20D, 50D and 200D MA. Also take note that 20D MA starts to turn down. SIA is still on the long term down trend as its [...]
September 17th, 2011 by Marubozu
STX OSV has a massive sell down on last trading day. The stock is currently testing the uptrend channel support and the 61.8% FR support at about $1.216. This uptrend support is also the neckline of a skewed Head and Shoulders chart patten (can you see it?). Breaking this neckline support will send STX OSV [...]
February 21st, 2011 by Marubozu
Yangzijiang current chart shows that Bull is Missing for this China ship building stock. The following bearish signs are observed: Yangzijiang has formed a Multiple Tops. Yangzijiang has broken the short term up trend support (red line). This up trend support has since tured to resistance. Yangzijiang is unable to break the 20D MA resistance. [...]