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Technically looks good. It seems that it is trying to move upwards from here..
New123 ( Date: 23-Oct-2010 09:38) Posted:
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Just have to be careful and hope that it doesn't goes down from here.
stocksburntme ( Date: 23-Oct-2010 00:10) Posted:
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very sad. drop back to 0.83 again
This bugger is a joke. up abit then down alot
no power to move liao
This one is always- just when you think it will hit high, it will fall instead. For unknown reasons.
But whne you just relax- it will go up after a long wait then fall and stagnant again.
New123 ( Date: 17-Oct-2010 11:49) Posted:
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I think it is going to test 88.5 - 90 cents . Once it can break 90 cents level , it might move up to 93 cents.
sarsar ( Date: 14-Oct-2010 10:23) Posted:
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not much power today
Tmr will see some more upside. Technically looks good.
no power liao. gonna drop again soon
Hi, is there any news leading to massive volume today?
Thx an advance! =)
Yes, good to see it moves again... still holding to some.
Good luck to all vested.
Now you see the potential of this counter. Is now 86 cents. Looks like it is going to test 90 cents soon.
Water Specialist
its dropping further. impressive
Let's hope that it can break through 84.5 cents and perhaps resume the uptrend momentum from there.
SoundGlobal
this has become a joke......
On Friday, Sound Global re-tests its major support at $0.83 and closed at $0.83 with LOW volume of 4.07 million shares traded.
A spinning top occurred (a spinning top is a candle with a small real body). Spinning tops identify a session in which there is little price action (as defined by the difference between the open and the close).
Three black candles occurred in the last three days. Although these candles were not big enough to create three black crows, the steady downward pattern is bearish.
RSI & MACD are turning bearish as MACD lines about to perform a “cross down”.
Important Resistance of Sound Global: $0.88
Immediate Support of Sound Global: $0.83
Currently prices are supported by techicial/200 days MA at $0.83.
Since Jul 2010, Sound Global has swing violently forming “higher high” and “lower low”
Prices are at the critical support of $0.83 and till now we do not sense any heavy selling pressure.
SEE ANALYSIS FOR OCEANUS
Although we expected the 200 MA at $0.83 to be strong but we would like to warn investors who are vested to watch this support.
If I will you, I think I will hold on.Is a decision you have to decide for yourself.It has risen from a low of 70.5 cents to 90.5 cents it will need to find its support/resistance level before settling for the next direction. If its goes down to 76.5 cents, would be a good opportunity to buy some.That is just my view.
Downtrend