F & N Explaination

F&N

F&N was at a good support. I won't say its a very strong support.
The price around 6.38 was at the prior resistance turned support level.
Also, a Fibo support of 38.2% was there to support it as well.
And we all know that market is due for a rebound, so i decided to pick F&N as one of the counters to look to long on rebound. Reason being that FNN is a strong counter for the past few months, high chance investors/traders will buy on dip and when they see a turn in trend.

Week 23/04 - 27/04

STI

STI still remain in the big range of 2905 - 3036.
In terms of weekly chart, rounding top is seen.
The market sentiment still remains bullish due to the earnings season as well as the dividend season.
Correction is expected to come soon.
Strong support to watch will be around 2870 (100MA, 200MA and Fibo 61.8% level)

HSI

HSI looks short-term bullish as of now - managed to close above the 78.6% Fibo as well as 50MA.
It moved higher after touching the upward sloping support trend line (Red line) & 200MA.
HSI also shown a golden cross of the 100MA & 200MA.
Any long positions please watch when it comes close to the purple sloping down resistance line.

Wilmar

Wilmar cut up the 20MA on Thurs but went back below the 20MA on Friday.
It previously managed to moved up from the Fibo 23.6% Price level 4.77. Also highlighted http://tradeforthebetterfuture.blogspot.com/2012/04/week-0904-1304.html previously.
If Wilmar is able to go above the 20MA on Mon & Tues, there could be some short-term bullishness.

FNN

F&N  remains overall bearish - looking at the all the Moving Averages.
It managed to be still supported by the purple trend line support.
Resistance to watch will be round number 7, which might be a strong resistance for F&N.

Swiber

Swiber has been dropping after the spike in Feb.
As of now, Swiber is being supported by the 100MA.
Watch Swiber at the 200MA, it could be a strong support.
However, if this level is compromised, then do cut.


Interra

Interra looks bullish currently due to the rising moving averages.
Interra seems to be resting after the recent spike.
In terms of Fibo projections, if its rally is possible to continue, expect it to travel to around 0.60.
The purple sloping trend line could be a support trend line, else watch for the 50MA.
However, I do not advise buying now. Wait for it to have some profit-taking towards the 20MA before attempting to punt on it.


BAC

BAC has been falling from the peak which I highlight few months back http://tradeforthebetterfuture.blogspot.com/2012/03/bank-of-america-bac-requested-by-gn.html
BAC currently has a sloping down resistance.(Purple line).

Reason why I post to short on Thursday night:
1) It touched the sloping down resistance
2) BAC was consolidating within the black candlestick formed on 13/04/12. It managed to breakup on open but seems to be a fake breakout (which means more bearish). For this I was on the minute chart.
I wanted to short at a higher price but it didn't managed to go higher after dropping from the top on Thurs.

As for now, BAC looks bearish still.
If BAC were to fall again on Monday, a 3 black crow candlestick formation will be seen.
So I won't advise to catch a falling knife.
Maybe the Fibo 61.8% level of 8.12 could support the fall


Tiongwoon

Tiongwoon seems to be have some profit taking after the strong spike with high vol.
On Friday, a long upper shadow is seen and it ended as a doji.
I would advise to enter Tiongwoon when the price and the 20MA is closer (maybe 0.29?).
If Tiongwoon is to break 0.27, I believe it won't be so bullish anymore.
I may show horse back cannon now. But on 09/04 I saw the sudden surge in volume and I know a big rally could be coming.
Conclusion: Watch Tiongwoon daily transactions volume. 10k and above is relatively high.


Small advise to all.
This year the market is expected to remain bullish.
Therefore, its alright to enter strong companies (eg, blue chips) at around its 200MA and HOLD.
Of course do expect that the 200MA might be broken for awhile before coming back.
All the best to all. :)
DISCLAIMER APPLIES HOR!! 

Week 09/04 - 13/04

I will just be doing analysis on STI only because I have many requests of charts this week. So hopefully one of the counters is one that you're monitoring. :)
Do note that since there will likely be a gap down on Monday, it will showing the support levels of individual counters. And some counters there isn't much to say about it.

STI

STI is unable to break the strong resistance of 3036 and a triple top is seen.
STI have a strong support at the 2905 levels which was previously a stronng resistance last year.
If 2905 doesn't hold, we will have the support level of 2876 which is the 50% Fibo level, which also coincides with the 100MA as well as the 200MA.

DBS

DBS managed to close above the 50% Fibo level on Thurs.
However, if selling continues (highly possible), DBS will be facing a critical support level of 13.06 which coincides with the 100MA.

Wilmar

Wilmar did 2 times fake breakout for last month.
The resistance to watch out for will be around 5.02.
It has broken its support of 4.84 and will be testing its next support of 4.77.

F & N

F&N has very nice upward sloping support trend line (purple line) and on Thurs it managed to close just above this support.
If F&N were to break this trend line support, it might find support at around 6.48.
This counter remains bullish in the long run.

KepCorp

KepCorp is still unable to break its critical resistance of 11.1 with a ascending triangle is forming
Support to watch will be the purple trend line.
If the purple trend line doesn't hold, we will be looking for at 10.2 for support which will be the 61.8% Fibo level and also coincides with the 100MA.

CityDev

CityDev is still having problems break the 11.3x resistance and go higher.
On Thurs, it managed to close above the ascending triangle support & also the 61.8% Fibo level.
Next support to watch out will be 10.34 which is the 50% Fibo level and the 100MA & 200MA might be moving up to support CityDev as well.

Kepland

Kepland has broke down of its upward sloping trend line.
A H&S pattern seems to be in play also.
Next support to look out for will be around 3.29 which coincides with the 50MA.

Capitaland

Capitaland support to watch out for will be 2.96 which coincides with the 50MA.
Next support will be around the 50% Fibo level of 2.83-2.86.

CapMallsAsia

Supports level to watch out will be 1.54 (coincides with 50MA) then 1.455 which will be a previous strong support.

China MinZhong

Previously CMZ got resisted by the 200MA and came lower to support at Fibo 50% level.
If CMZ is break below 0.97, its likely that it will test support of 0.94 (100MA) then 0.905 (Fibo 38.2).
If CMZ is able to break above the 200MA and hold above, it will test the previous high resistance of 1.175.

UOL

UOL has been trading with a range of 4.64 to 4.84.
On Thurs it managed to close above the 50MA.
If UOL managed to breakdown of the trading range, the next support to watch out will be around 4.5 which will be the 50% Fibo level and coincides with the 200MA.

SunVic

Currently, SunVic is consolidating around the 78.6% Fibo level.
Going up, SunVic will be facing the falling window resistance of 0.435 to 0.465 (also the 50% & 61.8% Fibo levels)

Sound Global

Sound Global is currently at strong support with the upward sloping trend line (purple line) and the 100MA as well as the 200MA acting as a support for Sound Global.
If this support breaks, its likely that a strong selldown might occur and may test support of 0.55 level (50% Fibo).

Remember I highlighted the unusual high vol occurring in Big Caps and something big is going to happen last weekend.
Looks like it was for the worse and not for the better.
After 5 days, looks like we will witness a strong selldown on Monday.
Of course we do hope that the market will digest the news by then.