15/03/12

I got home early and so decided to post some charts. Have been really busy and didn't have time to post any charts.

As highlighted during last weekend that NOL is forming a symmetrical triangle.

Today, it broke out and close above the triangle.

Watch 1.515 closely, if it's able to break then maybe potentially it can go towards 1.6.

 For Sakari, it is supported by the upward trending line (purple line).
But if it breaks the purple line (neckline), it has great potential to fall sharply because of the head and shoulder pattern forming as well.
Thus, the purple line is very crucial.

 For CityDev, it has been trading within the long white candlestick formed last Friday.
The levels are critical. Breaking either levels will determine its direction.

STX OSV as highlighted, it has the purple line as support and it managed to run higher after touching it.
Watch carefully for resistance level for 1.76.