Wednesday, April 19, 2006
Monday, April 17, 2006
SunEast - The Cream that Swells Your Wealth
SunEast, today broke out decisively. OBV indicated very high buying power. The Stochastic was beautiful at the level which most retail investors would like to have a go at it: Not overbrought and tilting up. The volume was another added clue for huge interest in the stock. It is realistic to anticipate the breaking of the previous IPO high of .53 soon. After which sky is the limit.
Saturday, April 08, 2006
Chartered (C27) Updated
Chartered (C27) now displayed an ugly chart; such that a slight bad news would be an impetus to send it southward. We can see the candlestick pattern is forming a 3 crows pattern so frigtening in nature. ADX 5 days said that trend is going downward and the CCI 14 days confirmed overbrought situation. Although the price did not cut its 15D EMA and the OBV uptrend is still intact, these are not convincing enough to provide clues to sustain the near term upward. With bad result expected on the 21st April, I would guess that probability of $1.48 support cannot hold long is high!