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Old 03-04-2007, 10:57 AM
yap yap is offline
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ap oil and innovalue

Thanks for our help for the above 2 counters.

Just need to know their support and resistance and their long term target price, if possible.

Thanks.
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Old 03-04-2007, 11:17 AM
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Ap Oil
Support & Resist: $0.225/$0.24/$0.27
Trend support: $0.26

Innovalue
Support & Resist: $1.06/$1.13/$1.23
Currently showing doji after recent run-up, MAY retrace to around $1.23
Attached Thumbnails
ap-oil-innovalue-apoil.gif  ap-oil-innovalue-innovalue.gif  
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Old 03-04-2007, 12:03 PM
yap yap is offline
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thanks for your prompt reply.

do you expect ap to go above 0.30 or even 0.40?

for innovalue, some broking firm target more than 2.00, what is your view?

possible can see these two charts?

Thanks again
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Old 03-04-2007, 12:06 PM
yap yap is offline
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sorry i saw your charts already.
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Old 03-04-2007, 12:08 PM
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ap probably can, if $0.27 is taken out convincingly.

innovalue hard to say. don't know much about the company. from the charts, not much that can be told, only possible short-term retracement.

I've attached the charts already in my previous post, check under the attached images part, should see 2 files
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Old 03-04-2007, 12:09 PM
yap yap is offline
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thanks again.
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Old 03-04-2007, 04:34 PM
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i already sold my innovalue since you said it may drop to 1.23. now is at 1.35 - 1.36. sold at 1.35

Thanks.
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Old 04-04-2007, 02:17 AM
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Don't thank me, that's just my personal view on the counter Hopefully it helps u keke
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Old 13-04-2007, 03:14 PM
yap yap is offline
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ap oil now is 0.31. what will be the target short term?
thanks.
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Old 14-04-2007, 07:01 PM
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Hi blit,
Did you obtain the support and resistance using Fibonacci retracement ?
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