Ezion Holdings - Correction completed. Uptrend to resume

Post first talk later.. as title above.
Ezion holdings seem to have competed its minor correction to move price into its uptrend support line. Selling pressure seem to have lessen in pass few trade session. Strong uptrend still firmly intact, with good buying opportunity at this level.

Chart speaks a thousand words.

Cheers!

Dyna-Mac - something brewing?

I recently noticed an increase in buying interest for this stock. Stock has been trading around its lowest support level for quite some time, however recent days there seem to be an increase in buying interest. This might be inline with the company's recent announce of its cash dividend, but I suspect there is something more.

Charts show that stock price has broken out of its down trending channel and moving towards its immediate resistance @ 0.405. A break and closing price above this level will provide more substantial support to my observation.

Chart analysis to come later.

Cheers!

Nam Cheong - again on target.

Its was exactly a week ago when I recommended a buy-in on Nam Cheong when it moved into one of its reaction low @ 0.310. Now exactly a week later, the stock raised and closed at its highest price, 0.350. Clocking in a gain or more than 10% in just a week! Further potential upside to be expected. Analysis below.

Stochastic indicator moved into overbought region, MACD crossed its center line "0", into positive region. both show signs of promise in Nam Cheong continuation uptrend move. The stock is now at its immediate resistance of 0.350, a break above might see a strong shoot-up in price. My own target price will be @ 0.400. Let see if I am able to keep getting it right.

Cheers!

STI index - uptrend resumes

Buying opportunity arises. Index successfully broke out of short-term downtrend channel. Now to test immediate resistance at 3190. A break above will strongly indicate that the longer term uptrend channel is still intact.

Cheers!