
Watch this 20D MA resistance closely!
http://mystocksinvesting.com/singapore-stocks/cosco-corp/cosco-uptrend-still-intact/
Great to see some activity now... Be ready..

It have been low volume and quiet.... History repeating? Hold tight and be ready for action soon I think... My feeling again...

COSCO boosts Japan and Singapore presence

Singapore: COSCO International announced that its wholly-owned subsidiary, Yuantong Marine Service Co. Limited (Yuantong) has expanded its supply of marine equipment and spare parts business overseas through acquiring a company in Singapore and setting up a new company in Japan, writes Transport Weekly.
Yuantong entered into a share transfer agreement on 31st May 2010 to acquire 100% of the issued share capital of a company namely Xing Yuan (Singapore) Pte. Ltd. (Xing Yuan) to expand its supply of marine equipment and spare parts business in Singapore. The total consideration of the acquisition is S$850,000 (equivalent to approximately HK$4,814,655).
Upon completion of the acquisition, the Company shall hold 100% of the issued share capital in Xing Yuan. Together with the incorporation of a new company named Shin Chung Lin Corporation in Japan earlier, COSCO International has successfully set up new footholds in Singapore, one of the global shipping hubs, and Japan, one of the world's largest marine equipment manufacturing countries. [09/06/10]
Yuantong entered into a share transfer agreement on 31st May 2010 to acquire 100% of the issued share capital of a company namely Xing Yuan (Singapore) Pte. Ltd. (Xing Yuan) to expand its supply of marine equipment and spare parts business in Singapore. The total consideration of the acquisition is S$850,000 (equivalent to approximately HK$4,814,655).
Upon completion of the acquisition, the Company shall hold 100% of the issued share capital in Xing Yuan. Together with the incorporation of a new company named Shin Chung Lin Corporation in Japan earlier, COSCO International has successfully set up new footholds in Singapore, one of the global shipping hubs, and Japan, one of the world's largest marine equipment manufacturing countries. [09/06/10]
My feeling tell me to continue to trust him....

Yes yes... For me I buy call..... For others they sell call... Choose the side your feeling want you to be.... Most important remember to set the cut loss price...

It all depend on the "TA" chart reader/analyst...
Two different "TA experts" can give two opposite views too...
HLJHLJ ( Date: 08-Jun-2010 11:46) Posted:
|
If the comment turn out to be correct, everyone will praise u hero and not getting a single cent from them, but when it turn out the other way, everyone will hate or scold u for life... What a lousy trade to deal with...

Be answerable to yourself and trade with your own skill and judgement. You will be benefit either way it go...

From TA pt of view, it is quite bullish, ready for a up-trend breakout?
time to accumulate?
Care to comment?
cosco holding up well...
Let's see whether it will resume the uptrend today after some spike delay... Feeling again..

My feeling tells me to be ready...
Buying v strong at 1.38 - could it be some goods news from Petrobas tender award - in terms of $billion.....No chance to buy today (1.30).
Interesting... Failed to break 1.37... hmmm.. Rebounding soon? Feeling again.. 

Isolator ( Date: 06-Jun-2010 22:26) Posted:
|
Great! quoted what you said... give u 4 weeks... if no see $1.03 what will you do? 

nickyng ( Date: 06-Jun-2010 11:38) Posted:
|
no hurry...wait for $1.03...in weeks to come , it'll come ;)
will q to buy @1.30 on monday.
I reckon STI will hit lowest level around 3pm when Euro mkt starts. When Euro closed on last Fri, DOW was down about 200pt only, thereafter it fell further to -323 pt at close....
susan66 ( Date: 05-Jun-2010 22:05) Posted:
|
My feeling told me that it should not fall below 1.39 -1.40......Instead it may continue to go up on Mon... My feeling...

For veteran thrill-seekers, catching a falling knife can be a lucrative challenge too... 

susan66 ( Date: 05-Jun-2010 22:05) Posted:
|