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 + 50D MA support + Up Trend Support.
Hyflux is currently testing 78.6% Fibonacci Retracement Resistance at about $3.20. Hyflux bounced off 50D MA support and break 20D MA resistance recently. If this 78.6% FR resistance is broke, the next immediate resistance is $3.25. Hyflux has to break $3.40 (the previous high) to start an uptrend (i.e. higher high, lower high uptrend pattern).
Oceanus is moving sideway for the time being until a clearer direction. If Oceanus moves below $0.32, the Head and Shoulders pattern is still valid with a price target of $0.18. Oceanus has to move above $0.35 (200D MA resistance) to start up trend. This $0.32 level is significant because it is 61.8% Fibonacci Retracement Level. This level is a good support level if Oceanus starts an uptrend.
For long term investment, current level can be considered a good entry level as fundamentally Oceanue financial (base on FY2009 Financial) is good:
Draw back for this stock: