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)

Small-cap property stocks set for breaks

BUKIT SEMBAWNG ESTATES ($3.86) - Breakout, target $5.40

- Last week, prices broke out of a massive reverse head-and-shoulders formation

- The break indicates a target of $5.40

BONVESTS (90.5 cents) - Poised for a breakout

- A break above 90 cents indicates a target of $1.10

- Support is at 85 cents, below which the target is no longer valid

GUOCOLAND ($2.11) - Set for break, target $2.50

- Break points to a target of $2.50

- Prices were as high as $6 back in the go-go days

HONG FOK (55.5 cents) - Now or never

- This counter has attracted attention from punters

- Break above 55 cents indicates a target of 70 cents.

HOTEL PROPERTIES ($1.85) - Poised for a breakout

- A break above $1.90 indicates a target of $2.40

LOW KENG HUAT (29 cents) - Breakout could be brewing

- A break above 30 cents would indicate a target of 36 cents

(Source: TheEdge Singapore, August 3 2009)

Possible breakouts

UNITED OVERSEAS BANK ($16.24) - Breakout, new target

- Prices have broken out of the three-times-tested resistance at $15.62

- Break above $15.62 indicates a target of $17.06

- If prices fall back to below $15.60, then the breakout would have failed

DBS GROUP HOLDINGS ($12.60) - Poised for a breakout

- This counter hasn't quite broken out of resistance of $12.60

- A successful break indicates a target of $13.96

VENTURE CORP ($8.28) - Bull flag, new target

- New target from the bull flag is $9

- Support is at $8.20

AZTECH (25.5 cents) - Breaks out of resistance

- Prices jumped out of a consolidation pattern at 21 cents

- Break indicates a target of 30 cents

CAPITAMALL TRUST ($1.58) - Breakout, new target

- Prices have broken out of a multi-month base formation at $1.46

- Break indicates at target of $1.93

- A break below $1.46 would be negative

SINOMEM TECHNOLOGY (26 cents) - Breaks out, new target

- Prices broke out of the twice tested 24 cents resistance level

- Break above 14 cents indicates a target of 34 cents

(Source: TheEdge Singapore July 27, 2009)