EPURE INTERNATIONAL (79 cents) - Breaking double top
- Appear poised for a double breakdown
- Break below 80 cents indicates a minimum target of 60 cents
MIDAS (97 cents) - Temporary bounce
- Prices managed to rebound off support at 90 cents
- Resistance is near $1.02 mark
- Break below 90 cents indicates a target of 70 cents
RAFFLES EDUCATION CORP (38 cents) - Downtrend persists
- Rebounds will find ceilings at level such as 44 cents
- Support is at 33 cents
- Possible danger of breaking down with target of 27 cents
CHINA HONGXING SPORTS (16.5 cents) - Breaking down
- Prices broke through support at 17 cents
- Break indicates a target of 10 cents
YANLORD LAND GROUP ($1.72) - Declining trend
- Clear downtrend is underway
- Break below $2 indicates a target of $1.30
- Resistance appears at $1.80
SINOTEL (46 cents) - Breaks double top
- Chart looks like double top formation
- Break below 51 cents indicate a target of 30 cents
(Source: TheEdgeSingapore February 22 2010)
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