Cosco - Sinking ship ???

it has fallen below 10/20/50 day MA , it has breakdown support of 79c once again .... likely to head down to 70c soon ... ...

Past STI performance for Ox year !!!

below are some interesting facts ... .... will history repeat again ???

1973 : Oil crisis, STI down -33%

1985 : Pan Electric crisis, STI down -24%

1997 : Asian Currency crisis, STI down -55%

2009 : ?

Capital Land - Update

strong support around 240 level , previously it always manage to bounce up from the support level , so a similar pattern could be on the card ... watch out for it ... first resistance level at around 265 follow by 282 .

EZRA - update

back on 8th Jan , i mentioned " short term wise the counter might have hit a top and the price could come down to around 70c level ... watch closely for re-entry opportunity ... "

Since then , Ezra has slowly come down and currently it downtrend is still intact . Next support level is at 64c . Failure to hold up at 64c could mean heading down to 54.5c . I would be very tempted to look for re-entry opportunity at that level .. watch closely ...

Olam - Turning bearish ???

Olam could touch 115(50 day MA) and if break down , then next key support at 110 soon .

Your luck in year 2009 ...

STI Index - Update ( bearish ? )

back on 8th Jan , i mentioned " STI surge up faster than my imagination to hit a high of 1959 and retreated . Resistance level of 1845 now turn support , if this level fail .. the next level of support is around 1800 . watch closely for rebounce around that level . "

1800 was tested and STI could not bounce up and instead proceed to drop till 1700 before a weak rebounce set in . As such STI index short term uptrend has been terminated . Previous support of 1800 has now turn resistance . I believe after the budget and Obama stuffs are over , STI is likely to retest 1700 again and a break down( very likely) will bring it to 1640 at least , follow by 1600 . Interesting time ahead ... ...

Education Visit to NEWater Visitor Centre

welcome to newater ... waiting for the tour guide to come ...

complictated process ... i got no idea how it work :)

time for some bite !!!

some parent mistaken her as my daughter , frankly i dont mind if she is :-)))

my prince concentrating on his drawing ... but i cant understand what is he drawing !!! haha

Hang Seng Index - turning bearish ?

HSI has broke down from the short term up trend line . As such , unless it can reverse up immediately , I believe HSI will proceed to touch the next support level of around 13300 soon .

Our STI index follow HSI closely , so how would our STI react , your guess is as good as mine .

Keppel Land - Update ( turning bearish ? )

back on 5th Jan , i mentioned that " watch out for resistance at 184 , break up this level could mean 218 soon , support level at 155 , watch closely ... "

indeed kep land break up 184 and proceed to touch high of 202 . Since then , it has retreated and today it broke down the short term uptrend which i have identified . I believe Kep land could proceed to test 50MA of around 167 , and if break down , mean the next support of 155 soon .. watch out for it ...

Dow - Update

Dow has broke down from the short term uptrend line which i have establish , it also closed below 10/20/50 MA . I believe it could be heading down towards support level of around 8360 soon .... .... if this level is again broken , then next support at around 8100 . Watch closely ...

STI Index - Update

on 2 jan , i mentioned "I believe STI could hit it first resistance at around 1845 level , upcoming budget and Obama stimulus packages could push STI to the next resistance at around 1920 . But we need to be careful if index do reach this level .
"
indeed , STI surge up faster than my imagination to hit a high of 1959 and retreated . Resistance level of 1845 now turn support , if this level fail .. the next level of support is around 1800 . watch closely for rebounce around that level .

EZRA - update

2 days ago i mentioned " but it could face resistance soon at around 0.825-0.85 level . Price has shoot up almost 10c since i mentioned last week , do take some money off the table at resistance level . "

indeed the price hit 0.85 and retreated , short term wise the counter might have hit a top and the price could come down to around 70c level ... watch closely for re-entry opportunity ...

Midas Touch !

Since touching high of 0.595 recently , it has retreat and has been consolidating within a tight range of 0.485-0.54 for almost 1 month . Looking good to break up 0.54 to re-test 0.595 again . Bet is off if it break down 0.485 .Watch closely ...

EZRA - update

last week i mentioned "recent retreat come with thin volume , look for potential breakup of the top blue line , watch the volume"

indeed it breakup with good vol , but it could face resistance soon at around 0.825-0.85 level . Price has shoot up almost 10c since i mentioned last week , do take some money off the table at resistance level .

Keppel Land

watch out for resistance at 184 , break up this level could mean 218 soon , support level at 155 , watch closely ...

Capital Land - Update

cap land hit resistance again at around 327( a level which i have expected it to hit since back in Nov08-http://kokthai.blogspot.com/2008/11/capital-land.html) , this level has been tested for almost 6 times during the past 3 months . so will it touch and come down or break up finally ??? Watch the 336 level(recent high with huge vol) , if it can break up this level and stay above it , it will also break up 100 day MA , this would be very bullish indeed and an ultimate target of 415 . Key support at 290 , watch closely ...

school time :-)

Mickey mouse school bag :-)

recess time finally ... ...

P2 buddy for the next 3 school day