Stay with the blues

UNITED OVERSEAS BANK ($19.48) – Challenging resistance

- Support appears at $19

- Successful break above $19.80 indicates an objective of $22.10 to $22.20

HAW PAR ($6.08) – Breaking resistance

- Prices are just about breaking out of resistance at $6 to $6.05 range

- Successful break indicates a target of $6.60 to $6.70

- Break below $5.90 means all bets are off

NEPTUNE ORIENT LINES ($1.94) – Target of $2.30 intact

- Price broke above resistance level at $1.90

- Break indicates a target of $2.30

SINGAPAORE LAND ($6.95) – Breakout

- Prices have broken out of resistance at $6.75

- Successful break indicates a target of $7.60

SEMBCORP MARINE ($4.08) – Uptrend to resume

- Any retreat finds support at $3.85

- Earlier break above $3.85 indicated a target of $4.70

SMRT CORP ($2.03) – Uptrend underway

- Support appears at $1.95

- Earlier break above $1.95 indicated a target of $2.25

(Source: TheEdgeSingapore 29 March 2010)