Friday, January 19, 2018

Chart[76] - Olam

The counter has been gathering buying interest since end of last Dec. Volume over last few weeks look significant than before as well. Price has been testing twice on 2.14. Shall buying interest increases and price rise above 2.14, trader could look forward to 2.26. Uptrend could fail if price fall below 2.

Friday, January 12, 2018

Chart[75] - Mermaid Maritime

Following Crude Oil hitting its three years peak, the counter has been gathering more buying interest as well. It's price has broken resistance 0.131 on 2017 end. Next stronger resistance shall be 0.165. Shall 0.131 sustains well as support, trader could look up for further gain from the counter.

Friday, January 5, 2018

Chart[74] - Tianjin ZX

The counter saw significant volume last week. It broke up from resistance 0.95. Strong buying volume was seen on two consecutive days. Shall upward move continue, price would test next resistance 0.98, followed by 1.04. The counter is denominated in USD. Recent downfall on USD might present entry chance for the counter.

Saturday, December 30, 2017

Chart[73] - ComfortDelgro

The counter slowly rebounded from its three years low ~ 1.9 last week. Downtrend could have paused here. Shall it continue to range bounce, 2.1 could be its immediate resistance. Current price might be good entry. Shall 1.9 be broken with strong volume, downtrend would resume.

Friday, December 22, 2017

Chart[72] - Japfa

The counter saw price rebounding with significant volume on last trading day. On daily chart below, it has broken resistance 0.49, and next resistance is around 0.525. Looking into weekly chart, it is potentially taking u-turn from recent downfall. Strong resistance is 0.6. Volume on subsequent days will be critical.

Friday, December 8, 2017

Chart[70] - Golden Energy

The counter saw strong buying volume on last trading day. Price rebounded from one month downfall. 0.365 proved to be strong support. Shall buying interest continue, next resistance could be 0.42 followed by 0.475.

Friday, December 1, 2017

Chart[69] - ThaiBev

The counter has been riding on bullish trend since early October. It failed to break up from 0.98 twice. Recent retreat could be last entry chance for a triple top break up. Looking past two months, it has been forming higher low pattern, so could look forward more upside. Shall price break down from 0.94, uptrend could reverse.