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chart shows uptrend...monday it may go up strongly...
1362945 ( Date: 24-Oct-2009 22:27) Posted:
lol. good news doesnt mean shoot up.
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lol. good news doesnt mean shoot up.
Hello Expert out there, will these news has any impact on coming monday's trading?
Thank you dealer0168 for this piece of good news. Happy trading everyone.
dealer0168 ( Date: 23-Oct-2009 22:23) Posted:
GOOD NEWS
| United Envirotech bags contract for Phase 1 building of wastewater recycling plant in China for $29.5m |
| Written by The Edge |
| Friday, 23 October 2009 18:10 |
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Mainboard-listed United Envirotech, one of the leading membrane-based water and wastewater treatment solutions providers, says it has secured a contract to build and operate a 160,000 cubic metres/day wastewater treatment and recycling plant in Hegang City, Heilongjiang province, China, for a concessionary period of 30 years.
The BOT project will consist of two plants both slated for completion over two phases.
Phase One of the project will comprise the building of the wastewater treatment and recycling plant with treatment capacity of 80,000 cubic metres/day to be completed by next October.
Together with the construction of common facilities, the total cost of investment for Phase One is estimated to be RMB145 million ($29.5 million).
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GOOD NEWS
| United Envirotech bags contract for Phase 1 building of wastewater recycling plant in China for $29.5m |
| Written by The Edge |
| Friday, 23 October 2009 18:10 |
|
Mainboard-listed United Envirotech, one of the leading membrane-based water and wastewater treatment solutions providers, says it has secured a contract to build and operate a 160,000 cubic metres/day wastewater treatment and recycling plant in Hegang City, Heilongjiang province, China, for a concessionary period of 30 years.
The BOT project will consist of two plants both slated for completion over two phases.
Phase One of the project will comprise the building of the wastewater treatment and recycling plant with treatment capacity of 80,000 cubic metres/day to be completed by next October.
Together with the construction of common facilities, the total cost of investment for Phase One is estimated to be RMB145 million ($29.5 million).
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Just saw this on sgx:
United Envirotech Ltd secured a contract to build and operate Wastewater Treatment Cum Recycling plant in Hegang City, Heilongjiang Province
chionging up once a few more big buy ups. Hit 4.30 today!
BB's playing the stock today, 2 big buy upsof about 2.5million shares
at the 0.41 and 0.415 level today. I think if the STI continues we
could see it test the 0.425 retracement again. I do hope it goes up :)
No firing up from BB. Expected.
i would say its a 50-50 depending on how many BBs are pushing this stock. Look at the volumes it could steer high again if market fires up on friday morning.
Appreciate your update, Bintang. At least, I know what to do next. Thank you.
UniEnvtech closed with an undecisived candle stick , but the RSI is still showing its bearish trend . Again it may go down to test the support at 37 cents . If the general market still goes down , then the downtrend of this counter would continue , breaking the support at 37 cents , a lower support at 30 cents could be seen .
eurekaw ( Date: 22-Oct-2009 15:04) Posted:
| Bitang, please advise the possibilities for the 2 days ? |
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Thanks Bintang.
Hi , If today or tomorrow close below 38.5 cents , it may have to go down further to reach 37 cents . But if that happen in the weekly chart , the down trend would be confirmed .
eurekaw ( Date: 22-Oct-2009 15:04) Posted:
| Bitang, please advise the possibilities for the 2 days ? |
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Bitang, please advise the possibilities for the 2 days ?
The rebounce of UniEnvtech from 37 cents to 44 cents may be come to an end , if the weekly chart close at yerterday 's closing of 40.5 cents , it still could not avoid the chart to form a weekly shooting star , this is not a good signal .
Bintang ( Date: 20-Oct-2009 20:21) Posted:
A strong run up was expected yesterday , but it came down when the market pulled back again . If it could go up again , the 45.5 cents still remains as a very strong resistance . If this week close below 39.5 cents , then the rebounce would be completed .
Bintang ( Date: 19-Oct-2009 20:21) Posted:
| Because of the large volume done today , UniEnvtech crossed the short term resistance at 41.5 cents , n touched 43 cents in intraday trading . If to do the 50% rebound , it may go up further to reach 45.5 cents .Today's long white candle day may add credibility to the supporting zone |
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A strong run up was expected yesterday , but it came down when the market pulled back again . If it could go up again , the 45.5 cents still remains as a very strong resistance . If this week close below 39.5 cents , then the rebounce would be completed .
Bintang ( Date: 19-Oct-2009 20:21) Posted:
Because of the large volume done today , UniEnvtech crossed the short term resistance at 41.5 cents , n touched 43 cents in intraday trading . If to do the 50% rebound , it may go up further to reach 45.5 cents .Today's long white candle day may add credibility to the supporting zone .
dealer0168 ( Date: 19-Oct-2009 18:16) Posted:
a good ending. Hope it continue to cheong the next few days.
Cheers.
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I guess you turned out to be right. Despite the better than expected news coming out of the states and new acquisitions by Memstar, this counter ran into heavy selling and had not enough strength to break through the new resisance @ 0.44. As risktaker states, someone dumpiing today.
step0006 ( Date: 20-Oct-2009 01:13) Posted:
| Beginning of an upward swing? Pardon me but it has been rising, especially today, for several day. With the market being unstable, wouldn't it be stagnant or even start to fluctuate?
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omg last min sell down of almost 2000 lots at 0.405... wonder what will happen to this baby tomorrow =(
BB dumping out .... instead of pumping sorry.
eurekaw ( Date: 20-Oct-2009 15:25) Posted:
anything wrong with this counter? any expect view?
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