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Sembmarine
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Jackpot2010
Master |
28-Oct-2011 16:10
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good news, watch announcement tonite. Sembcorp, Scorpa ‘in Banyu Urip wins’Eoin O'Cinneide & news wires
07:46 GMT 28. October 2011 | last updated: 07:52 GMT 28. October 2011 |
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Jackpot2010
Master |
28-Oct-2011 12:09
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x 0
x 0 Alert Admin |
wow! this $54m write-back is a big gain in FY2011. can expect special dividend in Q4 - no wonder px move up > kepcorp (in %) yesterday. http://info.sgx.com/webcorannc.nsf/AnnouncementToday/A237780E1BF0787148257936007D349A?opendocument |
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krisluke
Supreme |
25-Oct-2011 22:08
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x 0
x 0 Alert Admin |
This stock is worth more than $4.00 Any brokerage house supporting this baseline ? ?? |
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krisluke
Supreme |
25-Oct-2011 22:03
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x 0 Alert Admin |
Vivian Hsu shown a 3 hand signal, is SHE A SMM's BBs ? ?? 
-$0.03 after market closed
TA wise two pivot point $3.98 $3.65
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krisluke
Supreme |
25-Oct-2011 21:58
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I knew it is irrelevant to post TA on oil, silver and gold
This is a Sembcorp marine forum, and we are inside these four lines discussing abt the prospect and sharing corporate updates. BUT. Think Twice and DO OBServe those charting. You'll release that you may benefit from the way the chart was plot and most importantly, the analysis technique applied onto chart interpretation. Good for those taking EXamination on international technical analysis and seriously take trading as his/her professional " RICE BOWL" .
Home based OR Report to Work type
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krisluke
Supreme |
25-Oct-2011 21:47
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x 0
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SilverThe metal attempts to confirm stability above the main resistance of the descending broadening wedge, which is one of the bullish technical patterns. Consolidation above the moving average 50-hour supports the upside move to remain valid, while consolidation above 31.75 supports the bullishness to continue. The trading range for today is among the key support at 29.15 and key resistance now at 33.45. The short-term trend is to the downside targeting 26.65 as far as areas of 48.50 remain intact. Support: 31.70, 31.35, 30.80, 30.50, 30.00 Resistance: 32.10, 32.30, 32.80, 33.00, 33.45 Recommendation Based on the charts and explanations above, we recommend buying silver with a breach of 31.70 and take profit in stages at (32.10 and 32.80) and stop loss below 31.10 might be appropriate.
GoldThe metal continued its steady movements below the previous broken support of the rising wedge pattern as seen on the provided daily chart. Therefore, the bearish effect of this continuation pattern may start sooner noting that the negative effect of the bigger double top pattern is still favored. Moving to the hourly interval, we can catch Stochastic approaching overbought area. Consequently, we keep our bearish predications intact over intraday basis however, breaching 1635.00 will accelerate. The trading range for today is among the key support at 1595.00 and key resistance now at 1702.00. The general trend over the short term basis is to the upside, targeting $ 1945.00 per ounce as far as areas of 1475.00 remain intact with weekly closing. Support: 1648.00, 1635.00, 1627.00, 1615.00, 1611.00 Resistance: 1665.00, 1673.00, 1687.00, 1695.00, 1702.00 Recommendation Based on the charts and explanations above our opinion is, selling gold around 1665.00 targeting 1595.00 and stop loss above 1702.00 might be appropriate.
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krisluke
Supreme |
25-Oct-2011 21:46
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x 0
x 0 Alert Admin |
Crude oil hikes amid hopes from Europe Crude oil soared yesterday breaching above the physiological level of 90.00 backed by hopes from Europe that EU leaders emerged a comprehensive plan to solve the debt crisis and better than expected manufacturing data from China that pushed crude to the upside significantly. Crude oil for December delivery continued yesterday’s rally after it opened the session at $91.75 and reached so far a high of $92.58 and recorded a low of $91.08, where it is currently trading positively around $92.50. Investors are so optimistic over the European efforts that it would be able to contain the crisis and prevent it from spreading, and the plan that they would announce on Wednesday summit would be strong enough to extend the firepower of EFSF in appropriate way along with the progress of recapitalization of European banks. The agreement between Merkel and Sarkozy helped investors to be optimistic again, as Sarkozy stated that they are finding a way together to extend the firepower of the EFSF, which hinted that leaders would come up with a comprehensive plan for the continent. We must point out on the inverse relationship between U.S. dollar and crude oil, where the U.S. dollar index that measures its performance against a basket of foreign currencies declined today and yesterday amid hopes from Europe and better than expected U.S. companies’ results, as it opened today’s session at 76.07 and recorded a high of 76.28 and reached a low of 76.02, where it is currently hovering around 76.11. On the other hand, the Chinese economy has released yesterday the figures for the HSBC Flash China Manufacturing (PMI) for October, where it showed an un expected expansion by 51.1 compared with the prior contracted reading of 49.9, which indicated that Chinese demand on crude oil will rise, where it is considered the world’s second largest oil consumer and increasing demand from there would absolutely drive world demand higher. And don’t we forget the Chinese role in the global recovery and how the global growth rely significantly on China, as it considered the world’s second largest economy as well, and it is No.1 exporter around the globe, which made investors look carefully on their exports and economic activities when they intended to trade in markets. However, the rise in crude oil it’s not confined only by these two major factors, but we can add the good results that released by U.S. companies and European companies that showed better than expected results despite the slowing global growth and deepening debt crisis in Europe, which relieved investors somehow. By collecting all these data, we can come up with a conclusion that global markets have seen a relief when an agreement appeared among EU leaders and a comprehensive plan can be made to solve the crisis on Wednesday, which will continue this positive momentum until tomorrow’s summit which will markets’ direction, where volatility may remain evident ahead of the summit. :)--------------------------------------------------------------------------------------------------------------------------------------- ) Gold fluctuated heavily after the opening in Asia today, to currently trade around the opening level however the metal is biased to the upside ahead of the European leaders’ summit tomorrow, where all eyes are focused on the results of the summit tomorrow with lack of major fundamentals today, awaiting the mechanism of solving the debt crisis in Europe. Gold opened in Asia today at $1653.42 per ounce, recording the highest at $1659.40 and the lowest at $1643.31, and is trading now near the opening level around $1654.12 per ounce. Yesterday, gold was able to recover some of the losses incurred during the past week, where the metal closed in New York at $1653.27 per ounce, noting that gold opened at $1641.00 and recorded a high of $1661.68 per ounce. Investors tend to hold more of the shiny metal as a hedge against uncertainty ahead of the European leaders summit, where despite the optimism seen yesterday, gold was able to close the session with gains supported by the weak dollar, which eased some of the downside pressures forced on commodities and metals. Volatility and heavy fluctuations are possible today, with lack of critical fundamentals from major economies, yet Europe remains center stage with all eyes focused on European leaders and the steps to be taken to tackle the debt crisis once and for all. Markets are looking forward towards the summit tomorrow, with optimistic outlook that leaders have finally found common grounds and will be able to draw a roadmap to overcome the two-year debt crisis. We expect markets to remain highly volatile ahead of the summit tomorrow, where the summit could have a deep impact on markets and investors, as a disappointment to markets could spread huge losses across the board and could eliminate the slight confidence that European leaders are able to overcome the crisis, while pessimism will dominate again, supporting the debt crisis to worsen and deepen further and to spread into Italy, Spain and finally approaching France. Gold, which gained the most on the debt crisis, has lost demand over the past period after global exchange markets raised margin requirements on gold futures twice, which affected the attractiveness of the metal. Gold also moves against the U.S. dollar after these movements affected the appeal of gold as a safe haven. Among other precious metals, silver is also fluctuating heavily within narrow levels after the opening at $31.70 per ounce, where the metal reached a high of $31.84 and a low of $31.50 and is currently hovering around $31.60 per ounce. Moreover, platinum, which became cheaper than gold, also traded within narrow levels today, where after the opening at $1546.00 per ounce, the metal recorded a high of $1564.50 and a low of $1540.75 per ounce, and is currently trading around $1544.75 per ounce. |
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krisluke
Supreme |
25-Oct-2011 21:43
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x 0
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Oil acquired our targets for yesterday, and extended the move further to breach the top of the range at 90.50. Trading settles just below 92.00 where no signs of a top in the near term, as the commodity breached the broadening formation and stabilized above the breached resistance of the formation, however RSI is clearly overbought, thus, we expect the upside move to extend further toward 93.50 but we may see a downside correction to retest the breach 90.50 area. The trading range for the week is among the major support at 87.00 and the major resistance at 95.00. The short-term trend is to the downside with steady daily closing below 100.00 targeting 65.00. The provided chart based on GMT+3 Support: 91.10, 90.60, 89.60, 88.85, 86.90 Resistance: 92.00, 93.00, 93.50, 94.30, 95.00 Recommendation Based on the charts and explanations above we recommend buying oil around 90.60 targeting 92.00 and 93.50 . Stop loss with four-hour closing below 89.60
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krisluke
Supreme |
25-Oct-2011 20:41
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x 0
x 0 Alert Admin |
Update on supports and resistances.
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krisluke
Supreme |
25-Oct-2011 20:40
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x 0
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 Pivot: 3.65 Our preference: Long positions above 3.65 with targets @ 4.3 & 4.7 in extension. Alternative scenario: Below 3.65 look for further downside with 3.28 & 3 as targets. Comment: the RSI is bullish and calls for further upside. Key levels 5 4.7 4.3 3.98 last 3.65 3.28 3 |
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krisluke
Supreme |
25-Oct-2011 20:36
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x 0
x 0 Alert Admin |
ALAMAK !!! CIMB's TA Team hit the jackpot again chart shown one gap down and one gap up !!!! I think two likely scenario: 1. Waiting for 3rd quarter earning report on 4th november 2011 2. Waiting for Euro plan and conclusion for euro crisis ? Due to profit taking ? ??
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wangwa
Senior |
25-Oct-2011 16:02
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x 0
x 0 Alert Admin |
is it going to close at 3.93, the "pivot point"? I noticed that the support at 3.93 is rather strong | ||
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krisluke
Supreme |
25-Oct-2011 15:47
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x 0
x 0 Alert Admin |
Do watch the closing at $3.93.
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eplepl
Master |
25-Oct-2011 09:37
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x 0
x 0 Alert Admin |
broken 4.01 now ? | ||
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krisluke
Supreme |
24-Oct-2011 19:35
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x 0
x 0 Alert Admin |
The resistance at $4.00, I guess |
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eplepl
Master |
24-Oct-2011 19:21
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x 0
x 0 Alert Admin |
hey brother, europe red and if tomorrow us red..... gone case....
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krisluke
Supreme |
24-Oct-2011 19:05
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x 0
x 0 Alert Admin |
SilverThe metal is still trading sideways between 29.10 and 33.25, but with a closer look, we find the pair is also trading sideways inside the triangle formation between the support at 30.10 and the resistance at 32.80. Furthermore, the Moving Average 50 as shown on the hourly interval (New York Candlesticks) represents a resistance level, while Stochastic is within overbought areas, which support the bearishness. But on the other hand, the Relative Strength Index is positive and breached the 50-point level, while we recognize an ascending channel over hourly basis, where these signs support the bullishness. Therefore, according to the technical conflict we remain neutral in our weekly report. The trading range for this week is among the key support at 28.40 and key resistance now at 33.70. The short-term trend is to the downside targeting 26.65 as far as areas of 48.50 remain intact. Support: 31.45, 31.25, 30.75, 30.10, 29.15 Resistance: 32.00, 32.30, 32.50, 30.80, 33.25 Recommendation Based on the charts and explanations above, we remain neutral today, awaiting more confirmation
GoldAs we mentioned in our previous report, trading below the lower line of Keltner channel is considered to be an oversold signal thus, the metal retraced from 1610.00 zones as seen on the provided daily graph. Now, the bullishness on Stochastic may cause a retest for the previous broken SMA 100 -colored in green- where it will also retest the previous broken support line for the minor rising wedge pattern before moving downwards once more, supported by the major double top structure that still has downside targets to be reached. Only a breakout with a daily closing above the neckline areas around 1702.00 will damage the bearish outlook and will make us reconsider the technical target of the aforesaid classical negativity. The trading range for this week is among the key support at 1533.00 and key resistance now at 1728.00. The general trend over the short term basis is to the upside targeting 1945.00 per ounce as far as areas of 1475.00 remain intact with weekly closing. Support: 1635.00, 1627.00, 1615.00, 1590.00, 1575.00 Resistance: 1653.00, 1665.00, 1673.00, 1687.00, 1702.00 Recommendation Based on the charts and explanations above our opinion is, selling gold around 1665.00 targeting 1595.00 and stop loss above 1702.00 might be appropriate.
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krisluke
Supreme |
24-Oct-2011 19:03
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x 0
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Crude oil rises since the opening of the week Crude oil extended its last week upside movements after speculation that EU leaders would come up with a decisive plan for the debt crisis, as France and Germany are close to have an agreement on the plan overall plan. Crude oil for December delivery opened the session at $87.14 and reached so far a high of $88.62 and recorded a low of $87.00 where it is currently trading at $87.87. The European summit had made a great progress on Sunday in terms of recapitalization the European banks with 100 billion Euros in order to be strong enough facing the challenges that might occur in the near future amid deepening debt crisis. Also, they ruled out the ECB's role in supporting the EFSF and options is to create a special purpose vehicle to access private sector funds to fuel the bailouts, and other options include securing the new issued debt. On the other hand, the Euro Zone finance ministers approved the sixth tranche for Greece, and it will have the EU's part of it in the middle of November since the IMF didn't approve so far on his part, however, this decision is considered a good progress for Greece that may prevent it from default. Nonetheless, the final decision for the roadmap that EU leaders will present to solve the debt crisis and prevent Greece from default and the agreement that already declared is to recapitalize the European banks with 100 billion, all these will be announced on Wednesday. All these data from Europe are considered positive signs that EU would act to ensure preventing contagion risks and support the growth pace and not to let Greece to die amid rising debt and bad economic conditions, and stagnating growth in the region. But let us don't forget today's data that showed much worse performance among different sectors in the continent, as Germany released the advanced reading for manufacturing and services PMI's for October as the PMI manufacturing contracted to 48.9 from the previous of 50.3, and services unexpectedly advanced to 52.1 from the previous of 49.7, better than the expected improvement of 49.9. Along with Euro zone's PMI data, as manufacturing contracted further to 47.3 from 48.5 and services also dropped further to 47.2 from 48.8 in addition to the composite reading that slipped to 47.2 from 49.1. Crude oil is trading with a positive momentum since the opening of the week's trading but it might be volatile amid hopes from Europe and bad data that may put downside pressure on it preventing it from rising more and more, but the positive momentum will likely remain pushing it to the upside ahead of Wednesday's final plan that will clear the picture for investors. :)> > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > ) Another week started with optimism dominating the market, where the critical European leaders’ summit has quelled the jitters and debt woes and supported the slight confidence that euro-area nations are capable of fighting the debt crisis with a strong plan to aid Greece and recapitalize banks and prevent the contagion of the crisis from spreading into larger economies within the zone, supporting metals to trade higher today with their commitment to announce the steps on Wednesday. Gold started this week at $1641.00 per ounce and advanced to a high of $1657.20 after reaching the lowest at $1635.27, and is currently trading around $1650.40 per ounce. Precious metals advanced as the U.S. dollar lost strength, which eased the downside pressures forced on the dollar-denominated commodities to trade higher, especially after finance ministers agreed to hand Greece the European Union part of the sixth tranche of last year’s bailout package, worth eight billion euros, by mid November, awaiting the International Monetary Fund’s approval on the rest of the package. As we can see the U.S. dollar retreated against the euro and the sterling pound amid optimism that European leaders have finally found a plan to tackle the debt crisis and recapitalize bank, where after they split over the mechanism of implementing the European Financial Stability Facility and the role of the European Central Bank, leaders have finally found common grounds to build up a new strategy, which will be announced maximum on Wednesday. We expect metals to rebound this week in case European leaders were able to provide a strong plan to empower banks and secure the euro-area from the crisis on Wednesday, yet in case leaders disappoint investors, metals could reverse to the downside and extend the losses seen before. With lack of fundamentals from the world’s largest economy today, Europe remains the main focus in the market, especially after the European leaders’ summit yesterday and the finance ministers’ meeting on Friday and Saturday, where Germany and the euro zone are expected to released heavy fundamentals during the session, which we await to track the manufacturing and services sectors’ performance in October with an advanced reading. Among other precious metals, silver opened the session in Asia at $31.25 per ounce, and recorded the highest at $31.71 and the lowest at $31.18 and is trading now around $31.66 per ounce. |
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krisluke
Supreme |
24-Oct-2011 19:01
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x 0
x 0 Alert Admin |
As seen on the daily chart above, oil has been moving within a range between 90.00-75.00 for the past couple of months, a few days ago the commodity managed to breach the descending resistance that protected the price action from the top near 115.00 in addition to breaching the 50 Days SMA usually such breaches hint for a potential reversal to the upside or a continuation of the ranging market, and to decide if this breach will lead to an upside reversal, surpassing the 90.00 mark is necessary. Anyhow, the bullishness is in favor over intraday basis and over the week for a possible retest of the 90.00-91.00 major level. The trading range for the week is among the major support at 84.00 and the major resistance at 95.00. The short-term trend is to the downside with steady daily closing below 100.00 targeting 65.00. The provided chart based on GMT+3 Support: 86.75, 84.20, 83.35, 81.40, 80.00 Resistance: 88.80, 90.50, 91.50, 93.50, 95.00 Recommendation Based on the charts and explanations above we recommend buying oil around 87.45 targeting 88.80 and 90.20 . Stop loss with four-hour closing below 86.75
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krisluke
Supreme |
22-Oct-2011 00:42
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x 0
x 0 Alert Admin |
Good news.
This chart is still valid Pivot point almost the same as cimb technical analysis team
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