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Post by zuolun on Jan 22, 2015 12:58:10 GMT 7
Most of the smaller oil & gas and related company share prices had already collapsed beyond recognition due to oil price decline; chartwise, I totally agree with oldman that "Given the fall in oil and commodity prices, I am inclined to classify all related stocks as potential falling knives." ASL Marine — Company Official WebsiteTwo OSVs abandoned at ASL Marine — 8 Dec 2014 ASL Marine — A "Waterfall Decline", Interim TP S$0.36, Next TP S$0.33ASL Marine had a doji @ S$0.42 (-0.02, -4.5%) with thin volume done at 40 lots on 22 Jan 2015 at 1.35pm. Immediate support @ S$0.41, immediate resistance @ S$0.455. ASL Marine (weekly) — Uptrend is broken, biased to the downside
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