Monday, September 24, 2007
Well, after spending some time running through the exhaustive list of information and choices available. These are my picks for the week. To avoid "cheating", I'll post this up early else it's probable that I show only the rising picks. =)
Let's see how these fare this week and beyond.
Although TA has all-so-many aspects to analysis and deduction, I've decided to post comments at the simplest way possible.
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Week 2.
Analysis for Monday 24/09/2007
LC Dev
Good RSI. “Room to buy”. MA has been good, uptrend. Support formed over the week @ .435. Breaks resistance @ .475. Over last 4 months, volume at least average 11 million. Awaiting breakout.
ChinaKangda
Possible “Double Bottom” formed. RSI though relatively high but acceptable. “Interesting” high volume in a single day. Awaiting confirmation of formation.
Rotatory
Positive volume last few days. Awaiting possible breakout @1.44. Despite positive volume, RSI is still healthy, <70%. Awaiting breakout.
CSC
Resistance at .33, support at .315. MA hasn’t been positive, “crab” However, healthy RSI. Awaiting breakout.
Lian Beng
“Cup filled” with good volume. Support-Resistance-Support @ .42. Broke a ~2mths trading zone in good volume @ .46. Possible start of 20d MA > 50d MA. Healthy RSI.
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