|
Stock
|
Close
|
Support
|
Resistance
|
Trend
|
Recommendation
|
|
AC |
292.50 |
287.50 |
302.50 |
Sideways |
Trade the range |
|
Appears to have formed
a range of between 287.50 and 302.50. |
|
medium-term |
|
257.50 / 287.50 * |
312.50 |
Sideways |
Trade the range |
|
Continued to climb up
to as high as 302.50 but shooting star pattern is a concern. |
|
|
|
ALI |
11.25 |
10.75 |
11.50 |
Sideways |
Trade the range |
|
Formed a clear-cut
range of between 10.75 and 11.50. |
|
medium-term |
|
10.00 |
12.50 |
Sideways |
Trade the range |
|
Continuing to climb
from its low at 10.00. Poised to climb back up towards its major
resistance 12.50? |
|
|
|
BPI |
45.50 |
44.50 |
47.00 |
Sideways |
Trade the range |
|
Trending up strongly
but now reaching overbought conditions. |
|
medium-term |
|
45.50 |
47.00 / 50.00 |
Sideways |
Trade the range |
|
Encountering
resistance at the 47.00 level. |
|
|
|
EDC |
4.75 |
4.60 |
5.00 |
Down |
Trade the range |
|
Still trending down in
the short-term but its uptrend in the medium-term may re-assert
itself. |
|
medium-term |
|
4.45 |
5.70 |
Up |
Buy if support holds |
|
Testing its support at
around the 4.45 to 4.60 levels. |
|
|
|
MBT |
44.50 |
43.50 |
44.50 |
Up |
Buy |
|
Bullishly consolidating at its highs.
Looks poised to climb up further. |
|
medium-term |
|
40.00 |
47.50 |
Sideways |
Trade the range |
|
Hesitating to climb
further at the 44.50 level but may continue to do. |
|
|
|
MER |
178.00 |
170.00 * |
190.00 |
Sideways to Up |
Trade the range |
|
Trading within a
sideways to upward trend. Could still break above its previous
high at 185.00. |
|
medium-term |
|
140.00 / 170.00 * |
185.00 to 190.00 |
Sideways |
Trade the range |
|
Hesitating to climb
further at the 185.00 level but may continue to do so. |
|
|
|
PX |
14.00 |
13.50 |
14.25 |
Sideways |
Trade the range |
|
Formed a tight trading
range of between 13.50 and 14.25. |
|
medium-term |
|
12.50 |
15.00 + |
Sideways |
Buy if breakout |
|
Bearishly
consolidating at its lows but may still continue to trend up if
prices breaks out convincingly above the 15.00 level. |
|
|
|
SM |
362.50 |
355.00 |
365.00 |
Sideways |
Buy if breakout |
|
Formed a tight trading
range of between 355.00 and 365.00. Expect a big move to occur
soon either up or down. |
|
medium-term |
|
355.00 |
400.00 |
Up |
Hold |
|
Bullishly
consolidating at its highs. Possibly just resting before it
continues to trend up. |
|
|
|
SMPH |
9.40 |
9.30 |
9.60 |
Sideways |
Trade the range |
|
Formed a tight trading
range of between 9.30 and 9.60. Expect a big move to occur soon
either up or down. |
|
medium-term |
|
8.50 / 9.00 |
9.60 / 10.50 |
Down |
Sell if resistance holds |
|
Trying to break above
its resistance at 9.60. Downtrend may continue though if prices
fail to break above it. |
|
|
|
TEL |
2675.00 |
2655.00 * |
2750.00 |
Up |
Hold as long as support holds |
|
Corrected back down
from its peak at 2695.00 but may have already formed a trough at
the 2655.00 level. |
|
medium-term |
|
2500.00 |
2800.00 |
Sideways to Up |
Trade the range |
|
Continuing to rebound
strongly from its trough at 2500.00. May retest its previous
high at 2775.00? |
