
Both are good........

chiong 4%...........better than kep corp...
super big vol 12 300 000
Help by Big funds buying in for mth end window dressing
just my view only
hit 394 today....
STI 2730
bullish with big vol
3 local listed banks performance today
OCBC veri strong DBS strong UOB normal
STI halfday: 2700 S1
SMM : expects more upside after the break, perhaps a long legged doji on day closed....
<<< Euro above 1.22 during posting >>>
<<< DJ futures positive >>>
OIL cheers +4% rally on growing demand and ignores inventories increase
GOLD rises for third straight session as a safe haven beside bond.
DJ pare gain as euro falls under 1.22 when china getting cold feet in terms of buying more euro debt (at final hour of trading)
STI may open up and follow by profit taking. STI R1 : 2738 R2: 2750 STI S1: 2700 STI S2: 2668
sembmar support: 3760
sembmar mid : 3840
sembmar resistance 3940
just my technical view only
The STI is oversold.
For now it's Bullish.
Let's hope it'll holds.
Don't know what news may come out tomorrow.
I'll still wait and see.
krisluke ( Date: 26-May-2010 16:20) Posted:
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STI 2700, eur all green
3790 resistance. sti led by high beta stock in play
bullish
In bear camp....
tgt 367 sups
index short recovering. oil fall
entry mixed 384 resistance turn support
anyone vested? can suggest a good EP for sembmar
Since long no contract for shipbuilding and reported a reduce in shiprepairing revenue.
hope to hoot at 330-340.
Rebound strongly from low 3.63 to high 3.83 and closed at 3.79
dipped below 200MA and bound up, not trend reversal
oversold , just technical recovery from day low
EP good at 332 - 340
more importantly we should look at the MA200
weekly charts - i think close above 3.88 is good...if not at least need to close above 3.71 region
Sporeguy ( Date: 20-May-2010 21:13) Posted:
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closed just above MA150
Join the lows of 19 Mar & 7 May to see an impt pattern.
lack of confidence sentiments
force seling
hope to sell 330, can hoot up
friday might be good. let see for a rebound
SMM slide below 400, 397 at below bol band lower band line
In down trend
Strong support 367
immediate support 394 must hold
retracement reading 61.8% fibo 405 (already broken)
50% fibo 391 38.2% fibo 3.77
For upside 405 closing, hopefully
400 support must hold
or may slide further <400
growth petrobra rig order 2nd half 2010, may 2010
US futures +44
Eur all green +1%++
HSI stable +1%++
hope to see 418/20 closing for more upside
resistance 426
support 411