The counter saw rising buying interest upon latest earning results release. On last trading day, price paused at resistance 0.96. Shall it be broken, next resistance range could be 0.99 to 1.005.
Friday, November 3, 2017
Friday, October 20, 2017
Chart[65] - Golden Energy
The counter saw strong buying volume since mid August. Price up >25% to 0.485. It failed to break up further twice on early September. Its trend is weakening afterwards. Last trading day saw price having small rebound from support 0.425. Looking backwards, price didn't come down with significant selling volume. It suggests that buyer could be waiting for next bargain hunting window. Shall current support hold, price could range bounce between 0.425 to 0.48.
Second chart (weekly base) shows current weak movement might be small correction from its first up moving on mid August. Entry position might present to trader.
Second chart (weekly base) shows current weak movement might be small correction from its first up moving on mid August. Entry position might present to trader.
Friday, October 13, 2017
Chart[64] - Singpost
The counter saw increasing buying volume last week. Price broke up from resistance 1.28 on last trading day. Shall buying interest continue, it could test next resistance ~ 1.32. Long term resistance ~ 1.375. Shall price fall below 1.27, range bouncing could persist like past two months. 1.235 serves as support 4 years support. Company has been buying back shares consistently.
Friday, October 6, 2017
Chart[63] - Talkmed
The counter saw some significant buying interest over last trading week. Immediate support is 0.58. Shall buying volume continue, next stronger resistance is ~ 0.69.
Buying volume seems to increase only after the release of following report:
https://www.theedgesingapore.com/monetisation-talkmed%E2%80%99s-stem-cell-treatment-cancer-will-have-wait
Buying volume seems to increase only after the release of following report:
https://www.theedgesingapore.com/monetisation-talkmed%E2%80%99s-stem-cell-treatment-cancer-will-have-wait
Saturday, September 30, 2017
Chart[62] - SIA Eng
The counter saw strong buying volume on last trading day. It broke up from 3.45. Next stronger resistance could be ~ 3.6 shall buying interest continues. Shall it fall back 3.37, the uptrend could be failed in formation.
Friday, September 15, 2017
Chart[61] - Singapore O&G
The counter saw some significant buying volume on end Aug and mid Sep as highlighted in upper chart below. Price moving in a small upward channel. 0.5 is immediate resistance, shall buying interest continue.
Looking into its weekly chart (lower), price is capped between between 0.44 and 048. Shall price break down from 0.44, downward trend could continue.
Looking into its weekly chart (lower), price is capped between between 0.44 and 048. Shall price break down from 0.44, downward trend could continue.
Friday, September 1, 2017
Chart[60] - CSE Global
The counter has been down falling since early Aug. Last two days saw price rebounding with good buying volume. The down fall might have found support ~ 0.36. Shall buying interest continue, it shall hit 0.39 before moving further. Downtrend might continue if support 0.36 fails to hold.
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