Investment Summit 2010
We usually learn and read books from western gurus. It is time to learn from others as well. You will soon be able to see and learn from Asia's leading stock investment guru, Mr. Hu Li Yang at the Investment Summit 2010 to be held at the Singapore Expo
Olam
Olam has pulled back a little to the 20ma and is now just above the 200ma and the uptrend line. If it bounced back up above these supports, then it may test the resistance of 2.67 again as it forms an ascending triangle.
CityDev & ST Engg
CityDev broke out today and is now at the downtrend line. If it goes above the downtrend line line, then the next immediate resistance will be at 11.58.
ST Engg has now pulled back into the buy zone, so can put on the watch list. The long term trend is still up even though it has been going sideways over the last 6 months or so.
SMRT
SMRT was triggered for a Long swing trade today after 3 bar drop back to 10MA and turning back up with CCI also turning back up from -100.
Capmallsasia and HL Asia
Capmallsasia broke the shorter term downtrend line today, so likely to head towards near term resistance of 2.32
HL Asia also broke one of the downtrend lines today. If it manages to stay above, then may head for 3.78