Cooking list of Stocks - No.6 2006
Welcome to Cooking list No. 6
TKS: This stock looks cooking for nearly one year. If you accumulate it, set stop at 2.60(daily chart lows support line). Look at its weekly chart:
GSTEEL: This stock is a quite "young" stock. It is neccesary for the issuer of the stock to pool some financial resources from the stock market b4 it sleeps for long. Sooner or later it will move higher than its IPO. The current par is small enough to attract small investors to come in. Be patient & don't be too gready, and you can make some money on this stock. If you accumulate quietly now, set your stop at 1.18. Good luck.
MIDA: Sooner or later, this stock will have its day. Please look at its 5-year monthly chart:
If you accumulate, set your stop at -7% or smaller loss than your cost. Good luck.
TASCO: It looks cooking for sometime. If you like, buy some with a stop at 18. Good luck.
scrt4u & zorro
posted by scrt4u @ Thursday, June 01, 2006
5 Comments
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5 Comments:
GSTEEL: move stop to 1.26
GSTEEL: There will be some resistance around 1.31. Be cautious. Move your lpp to 1.28 or higher.
Hello learner, since SET is not in good performance, we have been posting under the thread "discussion of other stocks No.6".
smc: still in downtrend, coming close to 5 year low of 1.5-1.6 which could be a long term buying opportunity, but up to now it does not show signs of a turnaround. use stop of 1.6
nch: looks a bit better as the volume is increasing, a small double bottom was formed and macd is turning around. it might be that nch will be pushed up a bit in order to exercise the warrant which is suspended already (exercise period ends 29th of june). buy with stop 1.0, first resistance will be at 1.2
scrt4u meant that we did more posting in the other section of this blog that is called "discussions of other stocks no.6". you find the other section just below this section.
Agree with zorro. Punters distributed between 2.5-2.7. It is only 3 months since last distribution. Bighands will probably not come to pull up this stock before the trapped shareholders cut loss. Be cautious.
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