Neglected S-chips perk up

CHINA HONGXING SPORTS (23.5 cents) - Poised for breakout
- This counter looks like it is on the long road to recovery
- Break above 21 cents indicates a target of 44 cents
- A break below 21 cents negates the postive outlook

SYNEAR FOOD (33 cents) - Target 45 cents
- Break above 30 cents level indicates an initial target of 45 cents

CHINA ZAINO (28 cents) - Poised for breakout
- Prices are attempting to break above the thrice tested 29 cent level
- Break above 29 cent indicate a target of 40 cents

CHINA NEW TOWN (12.5 cents) - Testing resistance
- Consolidation is taking the form of an ascending triangle
- A successful breakout indicates a target of 21 cents

CHINA SKY (25 cents) - Set for higher levels
- Prices broke out of a multi-month base formation at 19 cents
- An initial target of 30 cents is indicated from the move

CHINA HAIDA (12 cents) - Emerging from downtrend
- Prices are emerging from a long downtrend
- A break above 15 cents provides the impetus for prices to test 21 cents

(Source: TheEdge Singapore August 31, 2009)

Buoyancy in selected offshore plays

ASL MARINE (99 cents) - Remains corrective

- Price could ease towards 94 cents

- Resistance breakout stays at $1

BAKER TECHNOLOGY (32 cents) - Possible rebound

- Price broke out of resistance at 31 cents

- Indicates a target of 44 cents

MERMAID MARITIME (87 cents) - Target $1

- Price broke out of resistance at 84 cents

- The next resistance is at $1

- Support is at 84 cents

FALCON ENERGY GROUP (77.5 cents) - Temporary correction

- Support at 72 cents

- Main uptrend remains intact

- Correction will likely continue this week with resumption of uptrend only in September

MARCO POLO MARINE (39 cents) - Continued consolidation likely

- Support is at 37 cents

- Resistance is at 44 cents

JAYA HOLDINGS (45.5 cents) - Prices attempt rebound

- Prices could hold at 41 cents

- Resistance/breakout is at 56 cents

(Source: TheEdge Singapore August 24, 2009)

Buoyed by investors

C20 HOLDINGS (42.5 cents) - Offshore aspirant
- Prices emerged from a bull flag, setting a measuring objective of 45 cents
- Support is at 32 cents

EZRA HOLDINGS ($1.54) - Uptrend intact
- Resistance breakout is at $1.64
- Support is near current levels, at $1.54 or so

SWISSCO INTERNATIONAL (65 cents) - Poised for breakout
- Prices are testing resistance near the 68 cent level
- Break above 68 cents indicates a target of 86 cents

EZION HOLDINGS (79.5 cents) - Uptrend intact
- Support is at 72 cents
- Break above 69 cents indicates a target of 83 cents

PENGUIN BOAT (14 cents) - Breaks out of resistance
- Breakout of 13 cents resistance
- Breakout indicates a target of 18 cents

SWIBER (97 cents) - Testing resistance
- Break above $1 indicates a measuring objective of $1.28
- Support has been established at 99.5 cents

(Source: TheEdge Singapore August 17, 2009)

Ailing S-chips or laggards?

YANGZIJIANG (97.5 cents) - Overstretched
- Prices broke out of resistance at 90 cents last week on large volume
- Indicating target of $1.20
- Price break down level is at 90 cents

EPURE INTERNATIONAL (59.5 cents) - Meeting resistance
- The best support line is the 50 day moving average currently at 51 cents
- Prices have been unable to break above their all-time closing high of 61 cents

CHINA XLX (47 cents) - Now or never
- Prices have faded following a technical break above 45 cents former resistance level
- The break indicates a target of around 65 cents

MIDAS HOLDING (82.5 cents) - Uptrend intact
- Major resistance appears at the 98 cents to $1 area
- Support would be at 80 cents

CHINA HONGXING SPORTS (19.5 cents) - Testing resistance
- Resistance is at the several times tested 22 cent level
- A break indicates a target of 50 cents

UNITED ENVIROTECH (15 cents) - Breaks out of base
- Prices recently broke above the several times tested 14 cent mark
- Break indicates a target of 22 to 23 cents
- A move below 13.5 cents level negates the whole upmove scenario

(Source: TheEdge Singapore August 10, 2009)

Small-cap property stocks set for breaks

BUKIT SEMBAWNG ESTATES ($3.86) - Breakout, target $5.40

- Last week, prices broke out of a massive reverse head-and-shoulders formation

- The break indicates a target of $5.40

BONVESTS (90.5 cents) - Poised for a breakout

- A break above 90 cents indicates a target of $1.10

- Support is at 85 cents, below which the target is no longer valid

GUOCOLAND ($2.11) - Set for break, target $2.50

- Break points to a target of $2.50

- Prices were as high as $6 back in the go-go days

HONG FOK (55.5 cents) - Now or never

- This counter has attracted attention from punters

- Break above 55 cents indicates a target of 70 cents.

HOTEL PROPERTIES ($1.85) - Poised for a breakout

- A break above $1.90 indicates a target of $2.40

LOW KENG HUAT (29 cents) - Breakout could be brewing

- A break above 30 cents would indicate a target of 36 cents

(Source: TheEdge Singapore, August 3 2009)