Ying Li is currently trading within a range between $0.438 and $0.375. Unless Ying Li breaks above the 200D MA resistance with significant volume, it is unlikely Ying Li to start any up trend at the moment. Current Ying Li chart is still bearish the stock is currently trading below 20D, 50D and 200D MA. The 200M MA, a long term trend is also sloping down. If Ying Li breaks the $0.375 support, Ying Li may go lower to $0.295.
Currently Z-Obee is still trading on the down trend and no sign of the when this down trend sliding can stop. In order for Z-Obee to get out of this down trend, the stock has to break above the down trend resistance (green line) and stay above this line. If you think Z-Obee is good time to enter now, think twice and the stock may go even lower! Next immediate support is at $0.229.
Singapore Telecom (SingTel) broke the Neckline of a complicated Head and Shoulders Pattern at $3.04. The price target of this breakdown is at least $2.875 or below. Take note that SingTel has started the down trend as the stock is currently trading below 20D, 50D and 200D MA. Singtel has also broken the 61.8% Fibonacci Support at about $3.00. Bear is clearly in charge in this SingTel stock chart for the time being.
