Portfolio Update - 9 Jan 2011 (Sun)

ABTERRA

Monthly
Not enough data points.

Weekly
Sideways resistance at 1.40 with support moving upwards towards forming an ascending triangle. Potential uptrend after the edge of triangle (but still a long period wait).

Daily
Going down with support at 1.32 and 1.24.
MACD, RSI , Stoc showing downward moves but ADX,GMMA showing longer term upside.

STRATEGY - Buy at support (1.24) & sell at top (1.40) but keep the extra (due to longer term uptrend)

AIMS

Weekly
Forming a symmetrical triangle. OBV is forming higher low. GMMA is forming higher low.

Weekly
Uncertain

Daily
Near the end of symmetrical triangle. Possible breakout soon either above or below trendline. Look out for huge volume of indicator changes.

STRATEGY - Keep a close lookout and sell if downtrend starts.


ANNICA
Monthly
Sideways between 0.03 - 0.06.

Weekly
Uptrend weakening. Bearish engulfing. Possible downtrend soon.

Daily
Going down.

STRATEGY - Wait till bottom and buy. Sell at retracement at 0.06. Long term investment liao.


CHINA SPORTS
Monthly
Sideways. Range 0.095 - 0.140.
 MACD, Stocs going up. GMMA possible reversal soon.

Weekly
Sideways. Possible reversal. Vol + All indicators going up. Strong upward move.

Daily
Volume and all indicators all upward move. Resistance at 0.140 and 0.16. Support at 0.12.

STRATEGY - Hold and monitor at target 0.14 and 0.16


EUNETWORK
Sideways. Possible reversal soon.

STRATEGY - Hold and monitor at target 0.02 and 0.03


PENGUIN
Monthly
Sideways.

Weekly
All going up with high volume. Resistance at 0.135 and 0.17.

Daily
Turning towards down inside the channel. Resistance at 0.135. Support at 0.95.

STRATEGY - Sell partial at 0.135 and buy at 0.95



RAFFLES EDU

Monthly
Downtrend. ADX, GMMA, OBV negative.

Weekly
All going up with high volume. Possible reversal.

Daily
Breakout. Resistance at 0.130. Support at 0.275, 0.265, 0.255

STRATEGY - Buy at support at 0.265