Latest Posts By WanSiTong
- Master
About WanSiTong
|
|
| 05-Oct-2013 05:59 |
Straits Times Index
/
STI to cross 3000 boosted by long-term investors
 Go to Message
|
|||||||||||||||||||||||||||||||||||||||||||||||||
 x 0
 x 0
|
World MarketsNorth and South American markets finished higher today with shares in U.S. leading the region. The S& P 500 is up 0.71% while Brazil's Bovespa is up 0.68% and Mexico's IPC is up 0.17%.
North and South American Indexes
 |
|||||||||||||||||||||||||||||||||||||||||||||||||
| Good Post Bad Post | ||||||||||||||||||||||||||||||||||||||||||||||||||
| 04-Oct-2013 17:28 |
Straits Times Index
/
STI to cross 3000 boosted by long-term investors
Go to Message
|
|||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0
|
Buffett: Congress won't resort to 'extreme idiocy' 
Warren Buffett says he's not worried that Congress will go past the point of " extreme idiocy," and refuse to raise the debt ceiling NEW YORK (CNNMoney)
Warren Buffett says he's not worried that Congress will go past the point of " extreme idiocy," and refuse to raise the debt ceiling before the Treasury Department runs out of cash later this month." We will go right up to the point of extreme idiocy, but we won't cross it," he said in an interview on CNBC Thursday morning. Treasury Secretary Jack Lew says that if Treasury doesn't sell more bonds by Oct. 17, it won't be able to pay its bills, including the interest on debt that's already in the market. Buffett had very harsh words for Republicans in Congress who are threatening not to raise the debt ceiling unless Obamacare is delayed or defunded. Buffett said if that deadline is missed by just a short period of time, " it will not bring us down." But he said it's crucial to make payments on existing debt. " When the United States government issued bonds, they said it had the full faith and credit of the United States, it didn't say the full faith and credit of the United States unless one political party is unhappy about some extraneous issue," said Buffett. Related: Debt ceiling - countdown to default Buffett said that despite the willingness of House Republicans to shut down the federal government earlier this week over Obamacare, he doesn't believe that they will do the same with the debt ceiling. " That won't work long term. They'll discover it won't work long term, the public will turn on them and they'll have a counter-revelation," he said. Related: Investors bet on a U.S. default Buffett appeared with former Treasury Secretary Hank Paulson, who served in the Bush administration during the financial crisis five years ago. Paulson was also very critical of the House Republicans who let the government shut down. He said this current crisis is " self-inflicted," because " one element that does not reflect the views of the Republican party" has " hijacked the debate." But he also doesn't believe Congress will miss the debt ceiling deadline. " These guys may threaten to take their mother hostage, but they'll never hurt their mother," Paulson said. 
|
|||||||||||||||||||||||||||||||||||||||||||||||||
| Good Post Bad Post | ||||||||||||||||||||||||||||||||||||||||||||||||||
| 04-Oct-2013 17:20 |
Straits Times Index
/
STI to cross 3000 boosted by long-term investors
Go to Message
|
|||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0
|
Market Snapshot - Finger-Pointing Game Starts as Capitol Hill Fight DragsWritten By Stock Fanatic on Friday, October 4, 2013Wall Street fell on the third day the US government closed its doors partially, with both President Barack Obama and Congressional leaders sticking to their guns. Obama blamed Republican House Speaker John Boehner for the shutdown. Boehner retorted that the president was ?steamrolling ahead? with a controversial healthcare bill with little care about where the money will come from. The fight to approve the budget drags on. But the main fear now is that this drama will lead to the US defaulting on its bond payments. The US Treasury Department warned in a report that default could see the US plunge into a downturn darker than the Great Recession. Treasury Secretary Jacob Lew added that the perception of default is enough to shake confidence in the world?s largest economy, calling to mind the fight two years ago which saw the US lose its top-notch credit rating. International Monetary Fund director Christine Lagarde chimed in, saying it is ?mission critical? that the situation is resolved. Mindful of the consequences, House Speaker Boehner is determined not to let the US go into default, according to reports.
|
|||||||||||||||||||||||||||||||||||||||||||||||||
Taiwan?s TWSE climbed 1.7%, with stocks linked to Chinese domestic demand like food maker Uni-President Enterprises and energy firm Formosa Petrochemical registering gains.
Go to Message
x 0
x 0
Singapore Exchange - Continued positive outlook on shift towards Equities
Written By Stock Fanatic on Friday, October 4, 2013
What is the news?
SGX Ltd will be announcing its 1Q14 results on 17 Oct 2013. Based on monthly statistics recently released by SGX, 1Q14?s SDAV decreased (17.5%) q-q, (1.8%) y-y to S$1.329 billion. DDAV was (19.4%) weaker q-q, but 35.4% y-y to 0.415 million contracts.
How do we view this?
Due to economic concerns during the quarter, q-q trading activities for both the Securities and Derivatives were weaker than expected. On a y-y basis, 1Q14?s revenue is expected to be higher. Securities revenue is expected to be higher due to higher expected yield per dollar traded mitigating the marginally lower SDAV. Derivatives revenue is also expected to be higher due to the y-y higher DDAV.
On a q-q basis, we expect lower revenue due to the lower trading activities for both Securities and Derivatives.
On outlook, we continue to be positive for Securities and Derivatives. Markets are likely to be quieter relative to the earlier part of this year on concerns over both the pace of recovery of the global economy, and assessments over QE tapering by the US Fed.
However, we continue to expect higher interest in global equities. Trading activities for both Securities and Derivatives are expected to increase as investors shift their interest from yield to growth. Continued q-q volatility is however expected.
Investment Actions?
We are positive on SGX on
1) Higher Securities revenue forecast
2) Strong Derivatives revenue
3) Attractive dividends, with potential for increase.
We adjust our forecast to reflect the lower SDAV and DDAV revenue expectations, but continued positive FY14 outlook. Based on our unchanged PE multiple of 24X, and lowered EPS of S$0.33, we derive a revised Target price of S$7.90. Based on current share price, we maintain our ?Buy? rating. (Read Report)
Source : Phillip Securities Research
Go to Message
x 0
x 0
Question 1:
Acquisition
The Company is currently at an advanced stage of negotiations with a company listed on three foreign stock exchanges (the "
The Target, together with its subsidiaries, is a gold mining, development and exploration company. The Target has a producing gold mine as well as gold mines under development.
No formal agreement has been executed in connection with the Acquisition yet. In view of the suspension, the Target is considering whether the Acquisition should proceed.
The Target was introduced to the Company by Jennings Capital Inc., a Canada based capital markets oriented investment dealer.
It is expected that in relation to the Acquisition, none of the relative figures computed on the applicable bases set out in Rule 1006 of the Listing Manual of the SGX-ST (the " Target" ) to acquire a stake in the Target (the " Acquisition" ). The Acquisition will be by way of cash in two tranches and will be subject to, inter alia, the regulatory approvals of the relevant foreign stock exchanges. Listing Manual" ) will exceed 5% and as such the Acquisition is expected to be a non-discloseable transaction within the meaning of Chapter 10 of the Listing Manual.
Possible Offer
In addition, the Company and the Target are also in advanced discussions in relation to a possible offer to be made by the Company for the Target (the " Possible Offer" ). 2
There is no obligation on the part of the Company to make the Possible Offer. There is no assurance or certainty that the Possible Offer will be made and is subject, inter alia, to the Acquisition proceeding.
Further announcements in connection with the Acquisition and the Possible Offer will be made by the Company on the SGXNET in due course.
Question 2:
Are you aware of any other possible explanation for the trading?
Response:
In addition to the above, the Company also understands that a local broking house has recently designated the Company?s securities. The Company believes that this may be a contributing factor to the share price volatility.
Question 3:
Can you confirm your compliance with the listing rules and, in particular, listing rule 703?
Response:
The Company confirms it is in compliance with the Listing Rules of the SGX-ST, in particular Listing Rule 703 as well as paragraph 20 of Appendix 7.1.
The Company wishes to add that, in the ordinary course of its business, the Company, its subsidiaries and/or associated companies are (and will continue to be) in preliminary non-binding discussions concerning the Company?s core business activity of gold exploration and exploitation, including the acquisitions of assets that are in gold exploration and exploitation. However, these discussions are incomplete and have not resulted in formal agreements being signed, or are material. The Company will keep shareholders updated (by way of announcements on the SGXNET) of material developments in its business as and when such material developments arise.
By Order of the Board
Nicholas Ng Yick Hing
Chief Executive Officer
4 October 2013
Are you aware of any information not previously announced concerning you (the issuer), your subsidiaries or associated companies which, if known, might explain the trading?
- If yes, the information must be announced immediately.
Response:
Go to Message
x 0
x 0
Dow drops sharply and closes below 15,000
Click on chart for more markets data.
A sell-off in stocks accelerated Thursday, as major indexes fell 1% while Washington remains paralyzed and the nation approaches the deadline for raising the U.S. debt ceiling.
The Dow ended below 15,000, a psychologically important level, for the first time in almost a month. The Nasdaq and S& P 500 also declined sharply.
Meetings at the White House between congressional leaders and President Obama have failed to produce a breakthrough. Thursday marked Day 3 of the government shutdown, and Washington gave no sign of preventing a fourth. It's making investors jittery. CNNMoney's Fear & Greed index even briefly slid into Extreme Fear mode.
Thursday's losses also meant the Dow and S& P 500 have dropped for nine of the past 11 trading days,
" I think probably at the beginning of the week people didn't think it would take so long to sort out," said David Jones, chief market strategist at IG Markets in London. " The fact that it's dragged on is making people a little bit nervous."
Doug DePietro, an equity trader at investment bank Evercore, noted that the S& P 500 also broke below its 50-day moving average, a key technical level that triggered additional selling by institutional investors.
" With each day that goes by without a deal, confidence continues to wane," DePietro said.
More troubling for Wall Street is the risk that the political stalemate could prevent the debt ceiling from being raised, meaning the government may not be able to pay all its bills later this month.
Click here for more stocks, bonds commodities and currencies
Go to Message
x 0
x 0
World Markets
North and South American Indexes
| Index | Country | Change | % Change | Level | Last Update | |
|---|---|---|---|---|---|---|
 |
Dow Jones Industrial Average | United States | -136.66 | -0.90% | 14,996.48 | 4:31pm ET |
| |
S& P 500 Index | United States | -15.21 | -0.90% | 1,678.66 | 4:31pm ET |
| |
Brazil Bovespa Stock Index | Brazil | -610.32 | -1.15% | 52,489.86 | 6:02pm ET |
| |
Canada S& P/TSX 60 | Canada | -5.86 | -0.80% | 730.19 | 4:20pm ET |
| |
Santiago Index IPSA | Chile | +4.14 | +0.13% | 3,249.30 | 3:15pm ET |
| |
IPC | Mexico | -459.53 | -1.11% | 40,841.13 | 6:06pm ET |
Go to Message
x 0
x 0
《 降 龙 十 八 掌 》 玩 世 不 恭 周 伯 通 ........ Haha.........
GorgeousOng ( Date: 03-Oct-2013 21:26) Posted:
|
Go to Message
x 0
x 0
RH Petrogas - A Shot Of Adrenaline
Written By Stock Fanatic on Thursday, October 3, 2013 |
RH Petrogas (RHP) will issue 116m new shares, at SGD0.63/share, to a group of institutional investors, raising USD56m to fund drilling activities in the Basin and Island PSCs, which we expect to accelerate in FY14.
The stock remains deeply undervalued, with current assets worth SGD0.98/share. Multiple catalysts are expected over October and 4Q13. Maintain BUY with its TP adjusted to SGD1.33 post-placement.
■ Institutional support for drilling activity
90% of the proceeds will be used in exploration, development or production activities in the Basin and Island production-sharing contracts (PSCs) in Indonesia. We believe that the large cash inflow will allow RHP to expand its drilling programme in FY14. Also, this increases RHP?s free float from 23% to 36%, which may improve its trading liquidity - thereby lowering the ?illiquidity discount?.
■ RHP should trade at SGD0.98 for today?s assets
Based on our assessment of RHP?s 2P reserves and 2C contingent resources, RHP should trade at SGD0.98 today (post-placement) to reflect the market value of its reserves and resources.
■ Multiple catalysts expected over October and 4Q13
We expect RHP to announce the results of the Zircon-1 well next week as well as the spudding of the exploration well Klagalo-1 in 4Q13. Subject to oil finds, additional appraisal wells may be drilled in the Zircon and Koi prospects this quarter. Additional catalysts would be: i) the signing of new PSCs in Myanmar/Asean region, ii) approval to commence production in Fuyu-1 in China, and potentially iii) news of exploration and production (E& P) players like Sona Petroleum (SONA MK, NR) or Rex International (REXI SP, NR) acquiring a stake in RHP.
RH Petrogas's price performances relative to STI
■ Tweaking TP to SGD1.33 for placement no change to fundamental view
We adjust our TP to SGD1.33 to reflect the new shares placement. As the cash inflow to RHP adds to its value today, this implies a dilution of less than 20%.
The cash will be used productively in drilling new wells and raising the market value of resources by proving and then transferring them to 2P reserves. Maintain BUY with its TP adjusted to SGD1.33 based on parity to our NPV-and-risking model. (Read Report)
Source : DMG & Partners Research
| RH Petrogas's price performances relative to STI |
Go to Message
x 0
x 0
|
Ya gzijiang N Cosco
|
|
| WanSiTong Master |
03-Oct-2013 13:44  About WanSiTong  Contact  Quote! Mood:  |
x 0 x 0  Alert Admin |
Yangzijiang Shipbuilding - Wary of a False DawnWritten By Stock Fanatic on Thursday, October 3, 2013 |Sector recovery not convincing. There recent surge in BDI has fuelled rising anticipation for a recovery in the shipping market, and expectations for a return in shipbuilding orders.
|
shadow ( Date: 03-Oct-2013 09:27) Posted:
|
Go to Message
x 0
x 0
Haha........As at 30.6.13:
Loss per share : 0.25c
NAV : 0.33c ($ 0.0033)
Bigmama ( Date: 03-Oct-2013 09:23) Posted:
|
Go to Message
x 0
x 0
White House Meeting Doesn?t Break Congress Budget Impasse
The first face-to-face talks between President Barack Obama and congressional leaders failed to break the budget logjam as a partial U.S. government shutdown entered its third day.
The Oval Office meeting yesterday evening ended with both sides reiterating their positions and the points they?ve been making for days, raising the prospect of a prolonged standoff over the government shutdown and raising the U.S. debt limit.
Democrats, including Obama, say Republicans must end the shutdown and raise the debt ceiling as a precondition to talks on broader budgetary disputes. Republicans want to use the fiscal deadlines to extract changes to Obama?s health-care law.
?They will not negotiate,? House Speaker John Boehner, an Ohio Republican, said after the hour-long meeting with Obama and other congressional leaders. ?We had a nice conversation, a polite conversation, but at some point we?ve got to allow the process our founders gave us to work out.?
Neither side budged yesterday. The first government shutdown since 1996 and the debt-limit debate continued to merge into a messy month of standoffs.
House Republicans plan to advance a debt-limit bill while the government is shuttered, resurrecting a plan that included a long list of party priorities, according to a Republican lawmaker and two leadership aides who asked for anonymity to discuss the strategy.
?Locked In?
Democrats, including Obama, said Boehner should just allow a vote on funding the government and rely on support from Democrats and a group of House Republicans willing to accept a funding extension through Nov. 15 at the spending levels Republicans prefer.
Go to Message
x 0
x 0
Yangzijiang Shipbuilding - Wary of a False Dawn
Written By Stock Fanatic on Thursday, October 3, 2013 |
Sector recovery not convincing. There recent surge in BDI has fuelled rising anticipation for a recovery in the shipping market, and expectations for a return in shipbuilding orders.
We do not see a broadbased recovery for Chinese shipbuilders yet as
(1) rise in BDI was led mainly by rate hikes for capesize vessels,
(2) container freight rates remain weak, and
(3) yard overcapacity issue lingers.
We fear that YZJ?s recent rise in share price may meet with downward pressure when shipping market recovery story disappoints. Downgrade to Sell, SOTP-based TP at SGD0.98.
Shipbuilding prices not likely to rise significantly yet
The new wave of shipbuilding orders is expected to be driven by structural switch to fuel-efficient vessels rather than the need for new capacity. Korean shipbuilders hold the lead for such vessels while competitiveness for Japanese shipbuilders have re-emerged with the lower Yen. Therefore we do not see shipbuilding prices picking up significantly. In comparison to 2008 peak, average price is at least 30% lower currently.
Thus, while there may be some short-term spike in new orders, we still see margin contraction and EPS decline for YZJ?s core shipbuilding business for FY13-15F as higher margin contracts are depleted from orderbook.
YZJ is a still a standout yard
We have no doubt that YZJ stands out among the Chinese shipyards. This view was reinforced after our recent visit to its JNYS and Xinfu yards in Jiangsu, PRC. We witnessed vessel launch of Chinese shipyards? first 10,000teu containership, which is being built by YZJ. This clearly demonstrates its superior expertise relative to many Chinese shipyards. It is building a total of 16 such units for Seaspan which includes an option for 9 more.
But lift in sector valuation level is fragile
We agree YZJ would be the best proxy to ride a shipbuilding recovery cycle, but we disagree that this is the turn. We think that the recent lift in valuation is fragile as it is not supported by future EPS growth with margin decline still in the cards. We argue that order win pickup is still not sufficient to drive EPS growth in the core shipbuilding business for FY13-15F as shipbuilding prices would remain capped. (Read Report)
Source : Maybank Kim Eng Research
Go to Message
x 0
x 0
Go to Message
x 0
x 0
PROPOSED ALLOTMENT AND ISSUE OF 35,700,000 NEW ORDINARY SHARES
IN THE CAPITAL OF ARTIVISION TECHNOLOGIES LTD AT S$0.12222 PER SHARE (THE ?PROPOSED PLACEMENT?)
1. Introduction
1.1 The board of directors (?
1.2 In consideration of the Subscribers agreeing to subscribe the Subscription Shares, the Company had, pursuant to each of the Subscription Agreements, granted options to the Subscribers to subscribe for an aggregate of 35,700,000 additional shares in the capital of the Company (?
1.3 The Subscription Price and the Option Price both represent a discount of 10% to the volume weighted average price of S$0.1358 per share in the capital of the Company (?
Go to Message
x 0
x 0
PROPOSED ALLOTMENT AND ISSUE OF 35,700,000 NEW ORDINARY SHARES
IN THE CAPITAL OF ARTIVISION TECHNOLOGIES LTD
AT S$0.12222 PER SHARE (THE ?PROPOSED PLACEMENT?)
_____________________________________________________________________________________________________
1. Introduction
1.1 The board of directors (?
announce that the Company had on 28 September 2013 entered into subscription
agreements (?
announcement (?
issue an aggregate of 35,700,000 new ordinary shares in the capital of the Company
(?
for the Subscription Shares, at S$0.12222 per Subscription Share (?
an aggregate amount of S$4,363,254 (?
1.2 In consideration of the Subscribers agreeing to subscribe the Subscription Shares, the
Company had, pursuant to each of the Subscription Agreements, granted options to the
Subscribers to subscribe for an aggregate of 35,700,000 additional shares in the capital of the
Company (?
aggregate amount of S$4,363,254 (?
may be exercised, in respect of all, but not part of, the Option Shares, by each of the
Subscribers at any time, but in any event no later than the date falling twenty-four (24) months
from the date of each of the Subscription Agreements, as the case may be (?
Date
intending to exercise an Option has completed the subscription of his/her own portion of the
Subscription Shares in accordance with the respective Subscription Agreement. The
Proposed Placement and the grant of the Options shall hereinafter be referred to as the
?
1.3 The Subscription Price and the Option Price both represent a discount of 10% to the volume
weighted average price of S$0.1358 per share in the capital of the Company (?
trades done on the Official List of the Singapore Exchange Securities Trading Limited (?
for the full market day on 27 September 2013, being the market day preceding the date
on which the Subscription Agreements were signed.
1.4 The Subscription Shares and the Option Shares (as the case may be) shall be issued free
from all claims, charges, liens and other encumbrances whatsoever and shall rank,
in all respects with the existing issued Shares save that they will not rank for any dividend,
rights, allotments or other distributions, the Record Date of which falls on or before the
completion of the Proposed Placement or the relevant subscription of the Option Shares (as
the case may be). "
determining entitlements to dividends or other distributions to or rights of holders of Shares.
Go to Message
x 0
x 0
Debt ceiling fears hurts stocks
October 2, 2013: 4:29 PM ET
Click chart for more markets data.
It's day 2 of the government shutdown. And now investors have become more nervous about the ramifications of the political stalemate in Washington.
The Dow, the S& P 500, and the Nasdaq closed Wednesday with modest losses, pulling back from steeper drops in morning trading. Stocks rallied on Tuesday, the first day of the shutdown.
The biggest worry now: the potential for a government default on October 17. If Congress fails to raise the debt ceiling, the U.S. government will be unable to pay all of its bills later this month.
Treasury Secretary Jack Lew said Tuesday that the government has started to use the last of its " extraordinary measures" to ensure it stays below debt ceiling.
Click here for more on stocks, bonds, commodities and currencies
With Congress unable to agree on a deal to fund the government past Monday, more than 800,000 federal workers are being furloughed without pay this week. In addition, government agencies are curtailing their services, and federal museums, parks and monuments are closed to the public.
Quantitative strategists at Bank of America Merrill Lynch noted in a report that previous shutdowns have been mostly positive for the stock market. But the big difference this time around is the rapidly approaching debt ceiling.
Investors reacted to economic news as well. Payroll processor ADP's monthly report on private-sector jobs showed that the U.S. added 166,000 jobs in September, slightly below expectations. The report has more significance this month than usual. It appears increasingly unlikely that the U.S. government's monthly employment report will be released this Friday because of the government shutdown.
Related: Federal workers sound off on the shutdown
Go to Message
x 0
x 0
World Markets
North and South American Indexes
| Index | Country | Change | % Change | Level | Last Update | |
|---|---|---|---|---|---|---|
| |
Dow Jones Industrial Average | United States | -58.56 | -0.39% | 15,133.14 | 4:35pm ET |
| |
S& P 500 Index | United States | -1.13 | -0.07% | 1,693.87 | 4:35pm ET |
| |
Brazil Bovespa Stock Index | Brazil | -79.28 | -0.15% | 53,100.18 | 6:03pm ET |
| |
Canada S& P/TSX 60 | Canada | -0.83 | -0.11% | 736.05 | 4:20pm ET |
| |
Santiago Index IPSA | Chile | -28.90 | -0.88% | 3,245.16 | 3:23pm ET |
| |
IPC | Mexico | -34.61 | -0.08% | 41,300.66 | 6:06pm ET |
Go to Message
x 0
x 0
Stocks falter as worries about U.S. gridlock grow
October 2, 2013: 4:57 AM ET
Day two of the U.S. government shutdown could see stock markets falling as investors worry that political stalemate will hurt growth and risk the country being unable to pay all its bills later this month.
U.S. stock futures were weaker across the board, with S& P 500 futures down nearly 0.8%.
With Congress unable to agree on a deal to fund the government past Monday, more than 800,000 federal workers are being furloughed without pay this week. In addition, government agencies are curtailing their services and federal museums, parks and monuments are closed to the public.
And Treasury Secretary Jack Lew said Tuesday that the government has started to use the last of its " extraordinary measures" to ensure it stays below debt ceiling. If the ceiling isn't raised, the risk of a U.S. default will rise.
At 8:15 a.m. ET, payroll processor ADP will release its monthly report on private-sector jobs. In corporate news, agriculture technology firm Monsanto (MON, Fortune 500) is set to release quarterly results before the opening bell.
Related: Fear & Greed Index
U.S. stocks finished higher Tuesday, initially shrugging off the government shutdown on hopes that it may be short-lived.
European markets were weaker in morning trading, weighed down by worries about the U.S.
The European Central Bank will announce its latest decision on interest rates at 7.45 a.m. ET, with ECB President Mario Draghi speaking around 8.30. The bank is expected to make no change to policy.
Asian markets ended mixed. Hong Kong's Hang Seng, which was closed Tuesday, gained 0.5% in response to Wall Street's rally.
Japan's Nikkei opened flat but lost momentum through the day, eventually closing 2.2% lower as investors considered the tax hike and stimulus plan announced Tuesday by Prime Minister Shinzo Abe. The tax hike should slow growth, and it remains unclear whether the 5 trillion yen stimulus will be enough to offset the hit to Japan's economy.
The Shanghai Stock Exchange was closed for the National Day celebration
Go to Message
x 0
x 0
|
Midas ST: the downside prevails as long as 0.494 is resistance
Trading Central | 2013-10-01 22:52:00
Our preference: the downside prevails as long as 0.494 is resistance. 0.494 is our pivot point. Our preference: the downside prevails as long as 0.494 is resistance. Alternative scenario: above 0.494, look for 0.517 and 0.531. Comment: the RSI is below 30. It could either mean that the stock is in a lasting downtrend or just oversold and therefore bound to retrace (look for bullish divergence in this case). The MACD is below its signal line and negative. The configuration is negative. Moreover, the share stands below its 20 and 50 day MA (r 
|
| First < Newer 561-580 of 1632 Older> Last |