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SunVic: Head and Shoulders has been formed

  • Post author:Marubozu
  • Post published:July 17, 2011

A Head and Shoulders has been formed on Sunvic chart pattern. The stock is currently just sitting at the neckline and 200D MA support at about $0.692. Breaking this neckline support may send SunVic to price target of $0.54.

Continue ReadingSunVic: Head and Shoulders has been formed

Singapore Exchange (SGX): Watch the Support!

  • Post author:Marubozu
  • Post published:July 17, 2011

Singapore Exchange (SGX) is currently trading below 3 MA. Immediate Support is at $7.20.

Watch the support at $7.20 closely because this is a very strong support for past 5 occasions (July & August of 2010, Mar & June 2011). SGX’s chart will be very bearish if this support is broken.

Continue ReadingSingapore Exchange (SGX): Watch the Support!

Dapai Latest Stock Chart, Support and Resistance

  • Post author:Marubozu
  • Post published:July 17, 2011
  • Immediate Support at $0.09 (20D MA)
  • Immediate Resistance at $0.114 (23.6% Fibobacci Retracement Level and also the 50D MA).
  • Current PE = 1.77
  • Current NAV = $0.31

 

Continue ReadingDapai Latest Stock Chart, Support and Resistance
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