CapComm Trust - Break out above ascending triangle

Recent months saw a rebound in strength for REITs and blue-chip counters. While I am not sure how long this rebound might last, opportunity still arise whenever there is buying/ selling interests. Chart below shows the rebound of CapComm Trust rebound from its low region in 1.3x back to 1.6x level.

A further break out from its ascending triangle to move above 1.635 resistance shown continued interest in the counter. This break out presents good opportunity to entry as price has not yet run. Price movement breaks out of ascending triangle with long green candle. Stochastic move higher to cross back above its signal line. MACD firming in positive region and is moving back up towards its signal line. Crossing above the MACD signal will reaffirm the continued strength of the uptrend.

While price moves higher, keep a look out for profit taking. As long as price is supported by its 20 EMA upside will be firming intact. Set tight cut loss @ 1.560 (-5%).

Enjoy. Remember to share when you have profited.

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!