01 July 2006

Welcome to Cooking list No. 7

Welcome to Cooking list No. 7

EPCO: This stock has been in an uptrend channel and has stayed above 5 DMA for a week. Looking good. Suggest enter. Use 5 DMA as a stop.

NWR: Although new property law is negative, this stock has been cooking. Be patient and you will be rewarded. Our advice is if 0.54 support breaks, EXIT.

PRECHA Breakouts: This stock looks breakout. Set stop between 2.22-2.30. Good luck.


SC: This stock seems that it has moved out of its downtrend channel, forming a second punting platform. Look at the chart. Enter with a stop at 10.50. Resistance is around 15-16. Good luck.


scrt4u & zorro

Discussion Of Other Stocks No.7 - 2006

Welcome Thai stock traders/investors,

PSAP: This stock is looking interesting. If you try your luck, set stoploss at 1.13.

ITV breakout: This stock has been cooking for some time, when we suggested it, people still did not believe. Now look at the chart. Don't be too greedy.


RRC: This is a new stock, related with enery. It broke its its historic high with good volume, now in a srong uptrend. If you you like, enter with a stop at 5% than your cost. Good luck. Look at its chart:


LOXLEY: Medium-term trend is weak. Good support is 2.24 and resistance is 2.66. No medium-term buy signal exists yet. As for short-term, buy. Resistance 2.42-2.46; support 2.32-2.30; stop 2.28. If 2.24 breaks, EXIT no question asked. Look at the chart below:


STPI: Click the chart to enlarge.


SIS (uploaded exclusively for chili)
chili, I am no good at fundamental anylasis. If SIS is fundamentally sound, you have no problem. Technically, pls look at the chart below. I uploaded its recent weekly chart. You can see the price has already moved out of the downtrend channel. I blindly guess the "average support" is 2.25. If the company's profit keeps growing, you can buy more, but after your averagedown, if your portfolio loss is over 10%, I strongly suggest you exit. Trend is your best friend.