Friday, May 18, 2018

Chart[85] - Golden Energy

The counter saw some buying interest since it released latest earning results. Price has been moving with rising volume as show on daily chart below.
Looking into its weekly char, shall price break up from 0.38 with significant volume, more upside could be seen from the counter.

Friday, May 11, 2018

Chart[84] - Singpost

The counter saw significant volume on last trading days, mainly due to its latest earning results. Price has broken one month resistance 1.35. Two more resistance ahead would be 1.4 and 1.44 as shown on upper chart below. Looking into weekly chart in lower chart below, price trend could be forming higher low formation which started since early of the year. Shall price drop below 1.31, the uptrend could fail to be forming.

http://www.businesstimes.com.sg/companies-markets/singpost-back-in-the-black-in-q4-on-absence-of-impairment-fees

Friday, April 20, 2018

Chart[83] - Sembco Ind

The counter broke up from resistance 3.18 last week. Volume looks significant over past 2 months. Shall rising momentum continue, next resistance shall be around 3.4. Recent oil price has been in rally mood, supported by depleted oil inventory in US and production cut among OPEC. The counter is going to release latest earning result on 3 May.

Friday, April 13, 2018

Chart[82] - Wheelock

The counter broke up resistance 1.83 with significant volume on last trading day. Shall buying interest continue, next resistance is 1.91. Entitlement of dividend will expire on early 3rd May.

Thursday, March 29, 2018

Chart[81] - CSE Global

The counter successfully formed triple top breakout at 0.39 on mid March. Price fell back to support ~ 0.39 last week. The retreat was done with low volume, so it might present entry chance for next rally. 0.45 could be next target price.

Friday, March 16, 2018

Chart[80] - Mermaid Maritime

Buying interest could have be positioning on the counter for past two weeks. Price has been edging upwards as circled on first chart. On second chart, 0.165 serves as first resistance to clear, while 0.197 will be long term target. Shall price break down from 0.141, trend could look downwards instead.

Friday, March 9, 2018

Chart[79] - Raffles Medical

The counter has been edging upwards as highlighted on daily chart below. Price was hovering around 1.17 over past two weeks.
Looking into weekly chart below, 1.16 serve as resistance since last year August. Shall it be broken with convincing volume, next target could be ~1.2 follow by ~1.28. Current consolidation phase could come to end soon.