Big Money

The recent breakout above $1.94 has been retested last week and it could be the matter of time before the price resumes its uptrend towards $2.20 level.

Click here for NOL chart

March 29, 2010 05:27 ET (09:27 GMT)

DJ Neptune Orient Lines Feb 6 – March 5 Container Shipping Volume Up 37% On-Year

SINGAPORE (Dow Jones)–Neptune Orient Lines Ltd (N03.SG) Monday said its shipping container volumes for the Feb. 6 to March 5 period rose 37% on year to 189,100 forty-foot equivalent units from 137,800 FEU.

Average revenue per FEU rose 8% to US$2,575 from US$2,382.

On a year-to-date basis, volume increased 52% to 496,600 FEU from 326,200 while average revenue per FEU fell 2% to US$2,477 from US$2,535.

DJ Neptune Orient Lines Target Raised To S$2.80 From S$2.20 By GS

There has been strong battle between bull/bear in StatsChipac over past 1 week with the possibility for the bull to win the battle.
The bear has been in control since January and it’ll take a lot of time time and determination for bull to regain the upper hand.

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Ascendas India Trust has been traveling in orderly up-trending channel.
The recent swing towards $1 wasn’t on full strength and the pullback could be narrow as it’s still on the confirmed uptrend.

The support has been the lower end of channel around $0.965 and this looks like a potential uptrend resumption at work.

Click here for Ascendas India Trust chart

It’s currently trading at 22.5/23cts below its 43cts NAV.
The chart is on the clear uptrend and currently resting at the support level.

Any trend continuation should see the price swing towards 30cts level.

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This illiquid stock has been trading below its NAV until now and finally showing sign of life today.
It breaks from sideway range and if the momentum is maintained the next upside target will be $1.80

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Cerebos leaning nicely at support line.

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Venture has been consolidating around 8.40 level and today’s volume may suggest the interest in this stock has returned.

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NOL over past 1 month were making huge bullish swing (despite bad financial result). The recent swing overtook the high made in Sep 09 and Jan 10 with the resistance at $1.94 level.

The resistance in which turns as support as been revisited. Any entry around this level should have the stop loss around $1.92 with potential upside around $2.20

NOL Chart

The chart is showing a clear uptrend with my upside target of $0.50
The past 2 weeks trading volume increased substantially which could indicate the return of interests.

Click here for Bestworld chart

Price trading on the uptrending channel.
The uptrend remain intact and entry around $0.32/$0.325 provides low risk/reward entry.

This stock has low valuation of 7xPE with cash around $0.12/share and dividend yield of 4.5%

Click here for SMB United chart