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Genting Hong Kong: Reversing!

  • Post author:Marubozu
  • Post published:September 26, 2010

Genting HK chart is reversing after a recent Parabolic run up! Let see whether it is a Roller Coaster Show Time now!

Continue ReadingGenting Hong Kong: Reversing!

JES International: Reached Target?

  • Post author:Marubozu
  • Post published:September 26, 2010

JES International Holding has a huge gap up few days ago and has reached 161.8% Fibonacci Resistance at about $0.364. JES will probably consolidate for a while before deciding the next movement.

Continue ReadingJES International: Reached Target?

Jaya Holding: Keep an Eye on the Breakout

  • Post author:Marubozu
  • Post published:September 26, 2010

Jaya Holding is forming a symmetrical triangle and looks like breaking out.  Need to keep a close eye on the future price movement. Immediate support at $0.673 which is a 78.6% Fibonacci Retracement Level, followed by the uptrend support (which is also 200D MA support). Price target for the breakout is $0.90.

Continue ReadingJaya Holding: Keep an Eye on the Breakout
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