Monday, February 7, 2011

Uob-KH follow up, ManhattanRes

UOB-KH 1.85, after breaking out from the cup and handle pattern, it falls and now tested the support. The support seems to hold at $1.81, can consider entry around $1.85, stop loss can place at 1.79. Timeframe: 2weeks-2month

ManhattanRes $1.30, the chart is forming a cup and handle pattern, the pattern will only be complete if the price breaks above 1.36. Can consider early entry tomorrow if it breaks above prior day high. Stoploss at 1.18, Mid-long term trade.