Tuesday, October 11, 2016

SingTel

SingTel - 12th Oct 2016

SingTel is again visiting the support level at $3.87. Looks like it may see some reaction of the price movement.

A technical rebound may happen any moment.I think the price may move up to test $3.90 then $4 with extension to $4.06.
Stop loss if price goes below $3.80.

(Trade base on your own decision)

Saturday, October 8, 2016

Noble

Noble - 7th Oct 2016

Noble had a very nice breaking out of 16.1 cents on 4th Oct 2016 and closed well at 17 cents. Couple with high volume, this signify the buying was well supported with genuine buying interest that is generally rather bullish.



This bullish momentum was also being witnessed with the next 3 days trending higher and touched new high at 19.9 cents before profit taking setting in and closed well at 19.2 cents.

A very nice Uptrend mode chart pattern has been reflected on the chart. The current price is staying above the SMA lines which is generally quite positive.

Also both Macd & Rsi are still rising which may provide further indication that the share price may continue to trend higher.

Short term wise, I think it may likely move up to test 20.5 cents. Breaking out of 20.5 cents with good volume that may propel to drive the share price higher towards 25 cents then 29 cents.
(trade base on your own decision)

ChiwayLand Intl

ChiwayLand Intl  - 7th Oct 2016

ChiwayLand Intl had a very nice breaking out of 14.8 cents on 6th Oct 2016 and closed well at 16 cents. The volume was also very high this is generally quite bullish.



The next day it had managed to follow-through and closed well at 16.6 cents.

This is rather positive.

The current price is staying above the SMA lines which is generally quite healthy/positive.

Also both Macd & Rsi are still heading higher which may likely provide further indication that the share price may continue to trend higher.

Short term wise, I think it may move up to test 18 cents then 19 cents with extension to 20 cents and above. If it can crossed over 20 cents with ease that may likely see the price moving up to re-visit 30 cents.
( trade base on your own decision)


HMI

HMI - 7th Oct 2016

HMI had a very nice breaking out of 52 cents on 9th Sept 2016 and closed well at 53 cents. Couple with high volume, this is rather bullish.


A second breakout out has occurred at 60.5 cents on 6th Oct 2016 and closed well at 62 cents.
This is generally very positive. A beautiful Uptrend mode has been witnessed on the current price patterns/ chart.

Also both Macd & Rsi are still rising which may provide further indication that the share price may continue to trend higher.

Short term wise, I think it may likely move up to re-test the recent high of 63 cents.Crossing over of 63 cents with ease, this may likely take the price higher towards 65 cents then 70 cents with extension to 80 cents and above.
( trade base on your own decision)

Saturday, October 1, 2016

Alliance Mineral

Alliance Mineral - 30th Sept 2016

Alliance Mineral - had a very impressive run-up from the low of 0.057 to a high of 12.8 cents on 30th Sept 2016. Couple with high volume, this is rather bullish.



The current price of 12 cents is hovering above the SMA lines which is generally quite positive.

Also both Macd & Rsi are still rising this is generally quite positive.

Short term wise, I think it may likely head higher to test 13 cents. Breaking out of 13 cents with good volume that may propel to drive the share price higher towards 14 cents then 15 cents with extension to 16.2 cents.
(trade base on your own decision)

NEW Silkroutes

NEW Silkroutes - 30th Sept 2016

NEW Silkroutes had managed to conquer the overhead resistance at 65 cents and closed well at 67.5 cents on 28th Sept 2016. Couple with high volume , this is generally very positive.



The current price of 67 cents is staying above the SMA lines which is in my opinion is rather healthy/bullish.

Also both Macd & Rsi are still rising which may provide further indication that the share price may continue to trend higher.

Short term wise, I think it may likely continue to trend higher to test 70 cents. Breaking out of 70 cents with ease that may propel to drive the share price higher towards 80 cents then 90 cents.
(trade base on your own decision)