Stocks Picks

Note that most of my recent picks are stocks that has been hammered, low risk but with great potential of breakout for mid to long term

For Swing Trade. Focus on Ezra, Yanlord

Starhill

Fraser is trading below the support lowest green line. Expect it to form a low at 0.5 region. Bear line (Blue must take it down) before any rally. Note many stocks has similar formation. However, some of the stocks has taken down the great bear line. Ex NOL. would others stocks follow or does it indicates major stocks are forming bottom for another Tiger Year rally?

Fraser Comm Flagged

One road down for consencutive 4 months has formed a solid flag for frasers. Is not easy to identify potential breakout untill it breakout from the flag.. (Breakout from flag has to be with good volume and price spike to be significant). No harm to keep an eyes to be vested to long term (6-12 months)

Potential Breakout

Raffles Education: Look at the big picture. Wat is happening is the the price is trying to take down the great bear line (Blue). Recent prices stick closely to the bear line but didn't really break down indicates the potential of resistance turn into support. (Although) many has the view on this as useless stock (having failed for few times trying to breakown, that is only if you look at 1-3 months trend). Having said that this is a long term investment. 6-12 months. Low risk at current price.

China Milk. Similar case to RE.

Cherry Pick

Raffles: Monitor closely if major support hold. Potential rebounce from this point

NOL: Monitor closely. Could be lower low

Cosco: Potential rebounce to make higher high. Watch up closely

Milk: Doesn't look bright