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)