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Just a quick look at some charts:
Noble Group's share price formed a bullish engulfing candle on high volume. If we turn on the MA envelope, we see how it touched the lower boundary and bounced off. Stochastics is in the oversold region and could turn up. Could share price rise to $1.90?
NOL's share price formed a white hammer on high volume. Similarly, Stochastics is in the oversold region and could turn up. Could it rise to $1.45?
CapitaMalls Asia. Connecting the lower highs since 6 October 2010 makes me wonder if we could see the downtrend resistance tested again. Likely to be a long drawn process. Will probably have to see gap closing at $1.55 first.
Good luck.
Capitamall may explore purchase of Ion mall next year, CEO says
Tuesday, 19 July 2011
Tuesday, 19 July 2011
© 2011 - The Edge Singapore
Noble Group, Altius to set up oil seed plant in South Africa: Update
Tuesday, 19 July 2011
Tuesday, 19 July 2011
© 2011 - The Edge Singapore
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