Investment Summit 2010 (28 Aug) : event details here
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Showing posts with label Chemoil. Show all posts
Showing posts with label Chemoil. Show all posts

Capitamall, GMG and Chemoil

Posted by InvestorTrader on Wednesday, April 28, 2010 , under , , , | comments (0)



Capitamall broke out of ascending triangle yesterday and stayed up above resistance of 1.89 for a 2nd second day. More upside likely but need to be cautious given that Dow, Nasdaq and S&P500 is currently down by more than 1% (at point of post) due to fear of what's happening in Greece.


A couple of counters to watch for potential swing trade are GMG and Chemoil. GMG is now on the 20MA. Trigger at 0.225 and stop at 0.200.


Trigger for Chemoil at 0.41 and stop at 0.39.


Swing scan, SembMar and Chemoil

Posted by InvestorTrader on Sunday, April 25, 2010 , under , , | comments (0)



Below is the watch list for possible swing trades on Mon 26 Apr.

SembMar was actually triggered for Long entry on Fri but pulled back near end of day. Potential upside is still in play, so keep watch.


Chemoil has pulled back to near its 10 MA after hitting the 200 MA resistance last week. Will also watch this as it may test the 200 MA again if it goes above Friday's high.