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Sunday, July 30, 2006

Sinomem

As requested by ateo. Listed since 18 June 2003 on SGX Mainboard, Sinomem Technology Ltd business focus is to provide customised process and engineering solutions through the use of advanced membrance technology to industries such as Pharmaceuticals, Chemical & Dyestuff, Food and Water & Wastewater treatment.
From chart, sinomem just broke out of the 61.8% retracement level at .83, from t
he high of 1.06 and low of .685. Next resistance at .89, likely consolidation between .83 and .86 region. Next support at .80.

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