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Friday, April 30, 2010

PEC




Still trending strongly with the long term support trend line.

Monday, April 12, 2010

SeeHS is breaking the double bottom neckline at 0.33




SeeHS, price is approching the double bottom neckline at 0.33, A break of 0.33 neckline will likely to send the price to 0.41 or 24% from current price (0.33). SL at 0.31

Friday, April 9, 2010

Can Biosensor breaking the multilayer resistance at 0.805?




Biosensors after hit year high 0.9 on 19 Jan 2010 price has been slowly drifted back to recent low of 0.69 on 31 Mar 2010... A whopping 0.21 cents or 23.3% retracement from year's high. however from the weekly chart, Bio's long term uptrend is well supported at 0.7 and today the strong reversal will likely to challenge the multi-layers resistance from the year high resistance and also the 1st rebound resistance from last correction. Since both resistance are conjested at 0.805.. thus my take is I will closely monitor Bio ability to cross 0.805 with justifyable vol. else Bio still have chance to pull back to <0.74 now just keep the finger cross.. :)

PS: morning just QIQO from 0.775 and sold at 0.795 for some pocket money.

Wednesday, April 7, 2010

PEC -- Ready for next Bull Run!


PEC after +DI positively placed (1st arrow) and gaining momentum after >30 the price began the strong surge from 0.69 to 0.82 app.. 19% gains. However the price after hit the historical symetical triangle resistance was being thown down to the support line.Now the history is going to repeat again. The +DI (2nd Arrow)is approching the 30 mark again and ADX is poiting up which signify an increased in up trend momentum. But this time maybe totally difference. The price (Candle)now finally break away from the historical symetical triangle and the price consodilation is almost 100% filled the triangle squeezee area... PEC may move really fast if >0.81 and shall be able to cross 0.85 with ease and finaly the breakout at 0.96 before approching the 1.05 final target derive from symetical triangle price measurement. vested interest at 0.77