COSCO is at its 1.735 support, it may form a double bottom here, 1.735 is also 61.8% fibonacci retracement level. If Cosco lost 1.735 important level, it could drop further to 1.54.
Weekly market analysis covering Singapore, US, Hong Kong and China — stocks, REITs, ETFs and trading perspectives.
Tuesday, July 19, 2011
Few Long Candidates
STI is at 3088 as I'm writing now. up by 9points. Few "falling angel" for a possible rebounce in coming days.
COSCO is at its 1.735 support, it may form a double bottom here, 1.735 is also 61.8% fibonacci retracement level. If Cosco lost 1.735 important level, it could drop further to 1.54.
COSCO is at its 1.735 support, it may form a double bottom here, 1.735 is also 61.8% fibonacci retracement level. If Cosco lost 1.735 important level, it could drop further to 1.54.
Noble Grp: hit 1.73 Fibonacci retracement level and rebounding now, 1.77 as I'm writing now.
Labels:
Long Candidates(Sg),
SG Mkt
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