Technical Analysis
Final Series Wrap Up. Court Asia (+13%), Geo Energy, Halcyon Agri (+50%), Overseas Education
By Stock Market  •  May 22, 2013

This is the final series to wrap on what we have discussed in the month of April 2013.
In the month of April, we have discussed on the banking sector, reits, offshore marine and a few selected counters.

Courts Asia. On 1 April 2013, we discussed on the following "Perhaps due to the timing of its listing, the share price suffered an impact from the macro environment sentiment. When the dark clouds passed, the stock regains its shine. Having a doji weekly bar indicates uncertainties about its direction. A move above 1.010, confirmed by 1.035 may see the possibility of the share price going to a region of 1.100 - 1.200, riding on Singapore, Malaysia and Indonesia Consumer theme. A range bound trade will see the range of 0.950 - 1.010." Now it is trading at 1.150


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