Friday, April 3, 2009

Prep

Update: read through and did a bit of analysis, seem that might be facing off some resistance soon.
Target move for STI:

We might move beyond the breakaway gap on 08Jan but the market will prove itself

In the event that market consolidate at 1800+ level, the senario as painted on the chart will be, I will believe 1,608 as the start of the push will not be likely to be broken in the next retest and that's how we know whether this bull is real.

Kepcorp - support 5.20, midpt 5.50, stop at 5.94

OCBC - Resistance 5.40, 5.20, stop at 5.00

Capitamall - Resistance 1.45, 1.42, stop at 1.25

StraitsAsia - Resistance 0.90, 0.865, stop at 0.80

Cosco - stop at 0.82, resistance at 1.00

Sembmar - support 1.76, 1.86, stop at 2.07

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