Celestial   

worth going in

Celestial having a pullback formation today perhaps due to margin call, might be time to load up before the next burst?



Trend still looks good.

 

Looks bullish now. Acc/Dist and Chaikin and are trending up steadily

 

finally the contra players are being flushed out.. support at 1.55 hmm next resistance point will be 1.59 if able to break will be bullish sign 

 

celestial loves playing see-saw

my take is to accumulate if the prices drop below $1.50

 

$1.52 line broken at the last few minutes. More than meets the eye....

 

Hmm last few minutes manage to break the resistance of 1.52 seems like the bio diseal plant is opening soon haha.. Especially when the country is trying to curb pollution for the upcoming olympics..

 

I would think that if Celestial can break thru the resistance price at $1.52, it would means that the bulls are in already.

Lets sit back and see. If still cannot break that resistance level, I will say that Celestial is still not out of the danger zone yet.

 

Hmm... looks like the 200 d moving average crossing... yet vol. not cominng in...  any comments??

 

prepare for a strong upswing very soon

 

did anyone scoop up the celestial shares at yesterday's bargain prices???

 

hi gadrj76,

that's right! A sign of bullishness is indicated by a rise in price with accompanying rise in volume

 

Even there is a rise in price but the volume is not strong... am i right to say that TAs??

 

if u can afford to hold for at least 6mths, i am confident that at least u wun lose money if u buy at current prices.



but be careful sharp up and downswings. wait for it to drop to 1.45plus b4 entering

 

I agree with Happyseah.... the TA signals are not that bullish looking. Be very cautious.

 

Trade with care..price rise the last 2 days still do not affirm the bullishness of this stock at this point in time...

 

Ha.. 1 year target put at 1.8?? i think within a year it will hit 1.8 more than five times. Hmm currently now is like agriculture season, and when more chinese population gets richer, normally food and drinks will shoot up like crazy, imagine with 1% increment of salary, this products demand can increase by 10% just stating an example in real life situation like as Singapore economy booms, more ppl eat out like the multiplier effect.

 

STOCK CALL: CIMB starts Celestial Nutrifoods (C56.SG) at Outperform with S$2.40 target. Says stock undervalued given multiple of 10.4X CY07 P/E vs average 14.4X for other Chinese retail consumer stocks. Notes China-based soybean products maker set to benefit from country's fast-growing appetite for quality nutritious foods. Group also leveraging its success in retail market to increased exposure to industrial F&B industry. Stock +2.3% at S$1.74. (FKH)

It was tgt at 2.4 before the melt down. This counter will cheong when its least unexpected. If dow behave this wk might c 1.60 by this week. I rather it climb up slow n steady then shoot up to flush contra player.

 

sometimes the big boys have to follow company policies to reduce holdings in China co. not necessary cos the counter is no good.



i am still positive on celestial. TP of $1.80 plus with 1 year target.

 

JF Asset selling out from 8.01% to 7.66%



I think at best it can hit 1.50, that's all. After that, take care!

 

Still advised to sell 1st. I am not optimistic on this counter currently. There are still room for it to fall. Might break past $1.30 level. Monitor closely and be prepared to take profit/cut loss.