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Fly with AK71.

Wednesday, January 9, 2013

These were two shots I took from my window seat as the plane was flying over Narita, Japan.




These sights made the very uncomfortable flight more bearable.

See some of my past vacation photos in Japan: here.

Related post:
Singapore-Japan-USA

Wilmar, China Minzhong and Sound Global.

Tuesday, January 8, 2013

Wilmar's share price could not overcome the resistance provided by the descending 200d MA. Look out for a retest of the support which approximates the 100d MA at $3.20. I would buy more if that should be tested.


China Minzhong's share price has established 86.5c as the resistance to watch. There is still a chance of a pull back to support provided by the rising 100d MA. I have sold some at resistance as a hedge and if support should be tested, I would probably buy more. Breaking resistance at 86.5c could see share price heading towards $1.00.


Two dojis in a row suggest indecision on the part of Mr. Market with Sound Global although a higher high on the MACD suggests a strong positive momentum and we could see price pushing higher. Expecting a band of resistance from 68c to 70c while expecting a band of support from 59c to 61.5c.


Related posts:
1. Wilmar: Testing resistance with strong momentum.
2. China Minzhong: What are we to do?
3. Sound Global: Another resistance level broken.


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