Daily Calls

ok, let me do some review as requested...chinaoilF is short term bullish, formed a nice base, but have a premature rally. it tested and broke the resistence @575, but buyers were unable to hold the price above it. some form of retracement is likely with 515 as support. nx resistence will be 615 if the rally persist. in my opinion, 575 should be a price to take half profit and wait for nx entrance signal as stock stabalise. current target estimated @66.
rickmers is short term bullish but the base is premature. problem with premature base is they turn bearish easily. the top line is breached but price have to stay above it to avoid a breakout failure. current target estimated @113 if bulls hold out well.

centraland is short term bearish due to the down move today. support @60 while 625 became the temp resistence. a good closing above 625 tml will negate this weakness.

in conclusion, the general market is still short term bullish, remain cautiously bullish but be more selective on your buys as retracement may start setting into overdone stocks.

good evening,

there is a slight reversal later in the afternoon, asian indices are still bullish in the short term but getting weaker, a retracement like i said earlier on...but whether this bull will continue depends on how the retracement turns out. DJ needs to avoid any major -ve closing to maintain this short term bull.

taken profit for all positions left

tat hong - hold - preparing to cut if rebound fail to materialise as market might change phase...

centraland - pointing my short gun - ready to short on weakness

will go long again on resurgence of buying interest... remain cautiously bullish

**send a comment if you wish a review to be done**

chinaAElec is short term bullish but nearing overdone region, support and resistence zones are as above. due to the extended upmove, a retracement will set in soon. base of this counter is not matured, better to take profit and wait for stabalization before considering your nx move.
lianbeng is bullish in the short term with resistence and support as shown. note that the pull back might be fast if it breaks the above resistence too quickly. so take partial profit as they clear each resistence and wait for stabalization before considering to re enter.

i hope my dizzy spells did not affect the reviews given, but pls feel free to state your opinions for readers to learn the different views.

enjoy trading...Heiwa