StockWatch (May 21-25): SINO, MBT

SINO (Chart: Daily Resistance: 0.66 Support: 0.51/0.46)

SINO broke out of the symmetrical triangle. Target price is at 0.75. Be on the look out for flag or pennant formation

MBT( Chart: Daily Resistance: 64/66/68.50/73 Support: 63/60)

MBT is forming a symmetrical triangle. Resistance is at 64. Target price is 77. Possible resistance at 64/66. MACD has given a buy signal. Recommendation: Buy. Cutloss at 60.