Thursday, July 30, 2009

STI Outlook




Buy Gallant.. Buy buy buy.. today white candle up must have more leg up.. Buy near or below today close at your own risk haha.


However lesson learnt is to trade hot stock. Monitor closely when market retrace, which hot stocks remain green. This implicate the underlying strength. .. Still monitoring closely on my choice of hot stocks. If to trade on hotstocks during this two weeks rally the returns is a potential 15-20%


STI middle uptrend resistance turned support. Although indicators turn oversold.. do expect a higher high to upper trend resistance


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