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All postings and comments are based on my personal opinion. It is purely for sharing purpose and no inducement for any buying or selling.
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Monday, October 1, 2007

Hupsteel




Hupsteel is engaging in the import, export, retailing and wholesaling of hardware for the oil refining, petrochemical, marine engineering and shipbuilding inductries.

It closed at 0.60 on last friday. Looks like it has break out from the cup and handle formation with higher volume. MACD is crossing over and above zero centerline, stochastic is crossing over as well. A bullish sign.

Currently, it is supported at 0.57 follow by 0.56. Resistance at 0.64, 0.66, 0.72 and last resistance at 0.745.

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