Showing posts with label SuperGroup. Show all posts
Showing posts with label SuperGroup. Show all posts

Monday, 2 April 2012

Tuan Sing & SuperGroup - requested by UTA

Super Group
SuperGroup seems to be taking its previous upward sloping resistance as support.
SuperGroup could be taking the recent high as support of 1.84 level.
As it is forming new highs, I can only use Fibo Projections to find the levels.

 Tuan Sing
Tuan Sing seems to be forming a ascending triangle with strong resistance of 0.315.
Breaking of this resistance will likely have more buying pressure as long as the upward sloping trend line support remains strong.

Friday, 16 March 2012

SuperGroup - Requested by UTA

For SuperGroup, after a massive run, its taking a rest and some profit taking are kicking in.
Watch for support at 1.65 region which was a prior resistance and a region where consolidation happened before running higher (yellow circle).
If everything moves smoothly according to plan, assuming that the support is at 1.65, its has potential to run to  1.895 region.
In the long run, this counter is bullish.