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Monday, July 31, 2006

SembCorp Marine

Overwhelming requests for SembCorp Marine from the polls, so here it is, dedicated to all of you. Listed since 18 September 1987 on SGX Mainboard, SembCorp Marine Ltd provides marine engineering services such as ship repair, shipbuilding, ship conversion, rig building and offshore engineering. The Group has shipyards in Singapore, China, Indonesia and Brazil.
Refer to the price and rsi trendlines, SembMar is likely to consolidate at the 3.20 region before testing the all time high of 3.40 again, possibly setting another all-time high. RSI is showing gd strength, above the 50% mark, however upwards movement limited by the downward resistance rsi trendline. Look towards the last arrow on the right for estimated time period of a breakout.

Sunday, July 30, 2006

Global Testing

As requested by ysh02. Global Testing Corporation Limited provides testing services to the semiconductor industry such as wafersorting and final testing services. The Group's operations are in US and Taiwan and counts among its customers the world's leading foundries namely TSMC and UMC.
Technically, Global Testing is gathering momentum for an up move after breaking .25, next resistance at .275. Target at .29, the 61.8% retracement mark from high of .39 and low of .225.