Swiber on short term play but will revisit again...

I have been very busy. Not with stocks, but with other things.

Anyway,

Last friday's closing gave me an interesting closing for Swiber but when I checked on the data feed, it doesn't looks able to support on the price range of above 1.00 because there were bulk-volume disposal above 1.00 as well as today's trading.

For Mermaid too, if it broke below 0.55. It could move downward spiral which now is currently at 0.5 as per what I written previously, 0.55 is a very important support.

Anyway, definitely will monitor Swiber. As for Mermaid, it could take base-support level line to have this baby to move uptrend again. The BSLL(short-name) is important now to determine the way the stock will move. Will explain more in my email to my subscribers soon if I have some spare time.

Right now, on PEC, I have reloaded at 0.725 since last friday but didn't manage to get out today at 0.74. But will see the situation if it able to sustain above 0.69 to 0.7, I will lock in more for another wave as you can see from the chart, inverted-V formed, but if it is able to sustain above the price for days, it will decided to go for another wave again.
But I am preparing to let go this at 0.745 to 0.755 tomorrow if there is an opportunity as to ride on the short term wave. Let's see.

Am interested on Ying Li too. IF Ying Li can sustain the price range from 0.39 to 0.42 with a push of volume on +ve OBV, I will lock in this baby for a short ride. Let's see.

Thanks,
Star-Trader