Tag Archive for 'Up Trend Support'

OSIM: Long Term Up Trend Still Intact

Base on the chart, Osim is still trading on an long term uptrend with a resistance at $1.08. However, Osim may be pulled back in to the uptrend support at about $0.86 which is also a 78.6% FR level in the near term. Fundamentally OSIM financial performance is average. Base on FY2009 Financial Result: Current PE [...]

F&N: Upside Limited

Base on the chart, F&N uptrend is still intact however upside is limited due to the following two reasons: Resistance at about $5.80 Current PE of 21.5 is higher than the past 3 years average PE of 20.8 and also the STI PE. It will be interesting to see whether F&N can hold above the up [...]

China Fishery: Elliott Wave C now?

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 + [...]