China Eratat - 24/08/2009

China Eratat has a scallop, a C&H. Today the price touched a high of 17.5c. A break above with high volume may see 24c in the mid term.

STI 18/08/2009 - update

Previous post for STI is here.
Supported by the purple channel. It remains to be seen whether we resume uptrend from here.
A break of 20ma on the upside will be a sign.

STI 13/08/2009 - update

Previous update for STI is here.
As mentioned in the prevous post for STI, it has retraced towards the purple channel.
Price should continue to move upwards from here. However, a break below the purple channel may see more downside.

STI 05/08/2009 - update

Previous post for STI is here.

STI is trending in a steep uptrend channel. As mentioned previously, I see an ascending scallop being formed. If 2700 turns out to be a short term high, we might see some pullback, possibly towards the upper purple trend line before moving higher. On the other hand, if price continues moving higher resistance should be around 2725, 2775.