Singapore Stock Reviews (12/05/2010)

Broadway (B69)
- as mentioned last week, broadway make a u-turn and moving steadily upward
- immediate support at 0.94, target price at 1.26
- cheers for those who bought it
- remember to take care the down side and let the profit run

C&O Pharm (E92)
- make a little run last week
- need to break 0.505 resistance for it to continue up run
- watch out for next week's action closely

Cambridge (J91U)
- as mentioned last week about bull and bear's fighting, it seems like bear has got a small win
- 0.52 resistance turn support becomes immediate support
- expect short term range between 0.52 - 0.54
- watch out for next week's reaction closely to determine who is the winner, bull or bear

UE (U04)
- gap up due to divestment news
- but still resting above 2.64 as mentioned last week
- breaking 2.74 will be key for it to continue it's bull run

F&N (F99)
- making u turn and facing resistance from short traders
- monday and tuesday will be key to determine if it will shake out all the short traders and continue it's u-turning

PEC (IX2)
- as expected last week, PEC make a u-turn and breaking 1.10
- it is expected to continue this direction for the next few days
- watch your down side and let the profit runs

SuntecREIT (T82U)
- as warned last week, SuntecREIT make a u-turn and breaking 1.45 with very convincing volume
- it is expected to continue in this direction for the next few days
- watch your down side and let the profit runs. cheers

Jardine C&C (C07)
- have a retracement after making a all time high of 40.3
- immediate support at 36
- immediate resistance at 37.84
- watch out closely next week's action closely

NOL (N03)
- as mentioned couple weeks ago, cup and handle is forming
- last week's performance is confirming the cup and handle in formation
- breaking 2.35 will confirm this
- watch out next week's action closely!

Osim ()23)
- it successfully break 1.38 (mentioned weeks ago) and continue it's momentum up
- it has run for quite some time
- watch out closely for your position and protect your down side tightly!

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