Market sidelines Myanmar plays

AUSSINO (10.1 cents) – Set to be sidelined
- In short term sharp down move may be over
- Prices are likely to drift to 3.5 cents

INTERRA RESOURCES (47.5 cents) – Top formation underway
- Counter is in top formation
- Immediate support is at 46.3 cents
- Resistance appears at 48 cents
- Earlier break points to target of 28 cents.

IPCO (2.8 cents) – Sideways range
- Prices are entrenched in sideways range
- Resistance is at 3 cents
- Support is at 2.6 cents
- Break below 2.6 cents will trigger sharp decline

NTEGRATOR (8.8 cents) – Some weakness ahead
- Prices are in top formation
- Neckline is at 8 cents
- Break below neckline indicates downside of 3 cents
- Resistance is at 9.9 cents

WE HOLDINGS (8.7 cents) – Breaks support
- Prices are on the retreat again
- Support is at 5.4 cents
- Resistance is at 8 cents

YOMA STRATEGIC (81.5 cents) – Sidelined
- Prices are in sideways range
- Price support is at 100 day moving average of 78.3 cents
- Break below 72 cents indicates target of 54 cents
- Resistance is at 81 to 82 cents

(Source:  TheEdgeSingapore May 6 2013)