Time for some reflection study. STI dropped today.
1. Pine Agritech Limited buy at $0.44 , high at $0.535, +21.59%
Falling Wedge in an uptrend. Could be a symmetrical triangle pattern too. If upper symmetrical line broken ($0.555), it is a very bullish signal.
2. Lorenzo buy at $0.40 , high at $0.46, +15%
Pull-back expected to be $0.41 followed by another rally. Possible rounded-bottom bull? Cup and handle pattern formation completed. Overall uptrend still intact.
5. HLG buy at $0.39, high at $0.375, -3.84%
Expecting to rebound upwards at $0.355 if there is a continous uptrend. Consider to cut loss at $0.32.
6. Jasper buy at $0.025, high at $0.025, +/-0.00%
20d and 50d MA going to kiss each other. Flag pattern is considered here. Break out will be $0.35.
8. SMB United buy at $0.40, high at $0.40, +/-0.00%
Could be flag or a rising wedge in the beginning of a downtrend? Consider staggered cut loss at $0.365 and $0.34.
9. Armstrong buy at $0.455, high at $0.455, +/-0.00%
Support line at $0.415. Resistance at $0.46. Bollinger band squeeze. Consider cut loss at $0.41.
12. Ellipsiz buy at $0.55, high at $0.53, -3.63% (Prepare to sell!)
Support line at $0.505. Resistance at $0.575. Consider staggered cut loss at $0.495 and $0.475.
13. Informatics buy at $0.09, high at $0.085, -5.55%
Could be a flag pattern? Consider cut loss at $0.65 as $0.7 is support line.
14. BBR buy at $0.115, high at $0.12, +4.34%
Ascending triangle pattern. To break $0.125 resistance line. Also to consider cut loss at $0.10.
15. CSC buy at $0.375, high at $0.38, +1.33%
Temporary correction due to volume decline as price fall. Support line at $0.34.
16. MDR buy at $0.075, high at $0.085, +6.67%
Similar case to CSC. Support line at $0.06.
17. Hiap Hoe buy at $0.99, sold at $1.08, +9.09%
Yesterday's sold list:
3. Metal Comp buy at $0.125 , sold at $0.125, +/-0.00%
4. Progen Holdings buy at $0.105 , sold at $0.11, +4.76%
7. Koh Bros buy at $0.47, sold at $0.48, +2.12%
10. Asian Micro Holdings buy at $0.11, sold at $0.125, +13.63%
11. Transmarco buy at $0.81, sold at $0.83, +2.46%
18. China Auto Corp buy at $0.13, sold at $0.14, +7.69%