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Thursday, March 6, 2008

SQ 10 stocks
























SQ on the charts:

Counter-Long/Short-TP-CP
+ Remarks

Indoagri-Long-$4-$2.10
+ commodities play... continue to long till see reversal

Jardine C&C-Long-$21-$18
+ Surprising to see J C&C so strong, higher highs but care of wedge, go cautious long

Lian Beng-SHORT-$0.41 then $0.35-$0.55
+ Rising metal prices will affect LB's profit, broke long term trend, time to shoot it down

Noble-Long-$2.5-$2.1
+ up up and away! V strong, will be one of the biggest play in coming days. CHEONG AH

SGX-SHORT-$6-$9
+ Kah Kah Hoot, more room to fall, double crosses, not a good sign. Aim $6.80 then $6

ST Eng-Hold-$3.4 to $3.7- $3.2
+ Traditionally a defensive stock, recently showing some weaknesses, observe first, sidelining on this.

STX PO- Short - $2.7 - $3
+ Showing signs of weakness and a sell down is coming soon, if maintain above $2.70 can go cautious long

Wheelock-SHORT-$1.60 - $1.80
+VERY weak... close one eye and short.

Wilmar-Cautious Long-$4.80 (buy near $4) - $4.20 (if reverse from >$4.20)
+ Cautious Long please... also starting to show signs of weaknesses

YZJ-SHORT- 80c then 60c- $1
+ Dead cat bounce in betweens but having hamburger press formation. Short...

Armstrong - Observe (inclined to long) - $0.32 then $0.34 - $0.26
+ this chart very interesting, testing me... hahaha. This I will go long, taking a bet... indicators quite balanced but I'm inclined to long on this, if break 0.32, can cheong and aim 0.39.

1 comment:

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