hmmm. i expect Genting to be supported at around $1.20. This is a 5-year chart of Genting, u can see previous resistance(few years ago) at 1.20-1.28 peaks. These usually becomes supports level after the resistance was broken.

However, if this support doesn't hold it may goes to $1.00.

News on NOL. Is this Good news or Bad news or just news. My comments are at the end.

http://sg.finance.yahoo.com/news/singapores-nol-posts-6th-straight-093914244.html

Singapore's NOL posts 6th straight quarterly net loss

Reuters – 18 hours ago

• Neptune Orient Lines Ltd

RELATED QUOTES

Symbol	Price	Change
N03.SI	1.215	+0.015

SINGAPORE, Aug 8 (Reuters) - Singapore's Neptune Orient Lines, the world's seventh-largest container shipping firm, reported its sixth consecutive quarterly net loss mainly due to one-time charges for restructuring and vessels held for sale.
The company posted a second quarter net loss of $118 million, compared with a $57 million net loss a year earlier and a $254 million net loss in its first quarter.
Core earnings before interest and taxes stood at $16 million, helped by improved freight rates and efforts to control expenses and improve efficiency, NOL said.
The one-time charges of $112 million were for organisational restructuring and the sale of obsolete vessels to make room for more efficient ships and to reset vessel slot costs, NOL said.
NOL, whose biggest shareholder is Singapore state investor Temasek, said the outlook remained uncertain. (Reporting by Eveline Danubrata; Editing by Kevin Lim)

This is what i think only lor:

 

I know very well that NOL is losing tons of money...that's why it has been a downtrend stock. i am looking for signs of turning around..not profits.

 

This quarter, it actually lost 50% less money compared to last quarter. There's a one-time loss of $112 million for oganisation restructuring and sale of Obsolete vessels to make room for more efficient ships. hence, things are starting to improve...Freight rates ( check Baltic Dry Index  http://www.investmenttools.com/futures/bdi_baltic_dry_index.htm#bdi) seem to have bottom....

 

When we assess the financials of a company, we do not include (means discount from Net profits reported) extraordinary items such as sale of property(for a non-property company like Osim), and one-off items...which may not occur in the next or future quarters.

 

So the actual loss is only $6 million! Turnaround...perhaps.... let's see lor.

 

When we buy a share, we are actually buying the future earnings.

 

 

Noble

hi, IF Noble can stay above $1.11 (20 dMA- The RED line) for the next few days with volume, it is likely to reverse trend. Noble has been consolidating from $1.0- $1.17 for 3 months++...it just refuse to really break below $1.00.

You can see that it has tried TWICE and failed to break the 20 dMA....maybe ....maybe this time is for REAL!

IF cross the BLUE line $1.15 and stays above it, double confirm uptrend.

Did u guys realized that quite a number of beaten down stocks are showing this pattern??? seems like there will be a small rally so long as Europe side doesn't spoil the show!

Can u see that there are some big lots buying at $1.21? Ya... a very long stick about 97,000 shares bought (around 4.30 pm) at $1.21. BTW the column chart at the bottom is the volume chart....it is very important that a rise in price be supported by large volume. What is large? Large enough to stand out of the chart is large lor. This is how i track the movement of the BB...Big Buyers, invisible hands, stock manipulators, stock operaters, stockist, etc...whatever you call them, they are the ones who move the markets. Hence, it is of great advantage if you could track them......But i have to warn you that they are very tricky and cunning and they change the game-plan quickly. I could only guess what are they trying to do....No guarantee.

i think very soon, it may charge up....rise in price.

Note that investing in stocks, there's no such thing as sure or 100% right....hence, i am always prepared to be wrong....if i am i will cut a small loss and exit....beat a hasty retreat.

Remember to ask yourself 2 questions before putting your money down:

1. Is the upside double of the downside?

Is the rewards worth the risk?? Would you risk losing $1000 to potentially earn $500?

2. If i am wrong, will I be ok?

Can you afford the loss if you are wrong? If not, you are risking too much. Never use up all your capital. Always leave at least 30% of your investment funds for emergency.

This is an "intra day" chart from Philp POEMS, Advanced Chart.

Can u see that although price is near previous resistance of $1.50, there's a lot of big lots buying even at $1.49?? I think it is going to cross $1.50.

Sakari Resources

can u see that the previous peak was resisted by 20 dMA? and didn't really break thru......so it U-turn down.

Price has broken thru 20 dMA now....watch out for the $1.5 resistance though...might have some selling there.

can u also see that from june to Aug...there's substantial vol while price is low from 1.16-1.30??? This could be invisible hands (BB, Big Buyers, Stock manipulators) accumulating the stock.

Disclaimer: note that i am just sharing my analysis with u....pls make your own decision to buy/sell.....

NOL

u can see that NOL was resisted by 50 dMA ($1.17) in early Jul and now it has broken 20 days ($1.13) and 50 dMA($1.15)....MA has lowered because it was in a downtrend...when MA starts to increase, uptrend is on the cards.

Note that the 20 dMA is starting to curve up!

so long as it stays above 1.15, likely a rally is on the cards...Note that if the uptrend is intact, the MA will move up as well hence the cut loss (20 dMA intersection) will move up and your profits will be protected.


How long will i hold?? as long as the trend is intact, price didn't cut 20 dMA or if it dropped below 1.15, i will cut loss.

Disclaimer: note that i am just sharing my analysis with u....pls make your own decision to buy/sell.....