Jaya Holding – breakout from consolidation and BULLISH!

Jaya Holding breakout from consolidation today after one month with a closing marubozu candle. All Standard Six Technical indicators show bullish convergence.

  • Stock price above 20D, 50D and 200D MA.
  • Stock price above Parabolic SAR line
  • Stock price at the upper Bollinger Band.
  • MACD blue line cross red line at upper half.
  • RSI on up trend
  • Stochastic Blue over Red lines on up trend.

Immediate resistance is at $0.51 and next resistance is $0.635 (161.8% Fibonacci).

Synear – another stock breaking out from triangle!

Synear had a breakout from triangle and closed above $0.28 resistance. If the stock price can hold above this resistance line for the next few days, $0.28 will become a very strong support line.

All Standard Six Technical Indicators shows Bullish Convergence.
Base on Q2, 2009 financial report:
PE = 8.9
Dividend Yield = No Dividend.
NAV = $0.4778
Net Earning = 10.5%
Current Ratio = 7.48
ROA = 7.1% (Base on 2008 Full Year)
ROE = 7.7% (base on 2008 Full Year)
Cash Flow = S$235 Million (41% increase with reference to 2008 Full Year)
Stock Background
3 years historal high = $2.44
Current Price = $0.285 (only 11% of 3 years high)