Slow boat to China

COSCO CORP ($1.59) - Support should hold

- Prices are near support

- Support should hold

- Immediate resistance is at $1.62

C&O PHARM (45 cents) - Developing uptrend

- Support appears at 43 cents

- If stock's retreat holds at 43 cents, ensuing move could take price to 55 cents

CHINA XLX FERTILISER (56 cents) - At support

- A break above 59 cents indicate a target of 68 cents

- Downside looks limited and upside likely to be contained

CHINA NEW TOWN (12 cents) - Bottoming out

- Prices are trying to find support at current levels

- Resistance is at 14.5 cents

YANLORD PROPERTY GROUP ($1.68) - Conflicting signs

- Support is at hand

- Fundamentals are against a strong upmove

- Resistance is at $1.70

YING LI INTERNATIONAL REAL ESTATE (43.5 cents) - Less downward pressure

- Resistance has been established at 52 cents

- Does not look as weak as Yanlord

(Source: TheEdgeSingapore May 17, 2010)