Stocks discussion No.7 -2012
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Recommended by Mascu
at Friday, December 30, 2011 11:21:00 PM ,
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10 Comments:
Welcome to "Stocks discussion No.7 - 2012". Please post your questions or stock picks here.
So quiet lately, guess everyone makes money nowadays ;)
Still sitting down my profit on banking...few speculative picks Oishi, ihl & tvo
quite right,still holding 80 per cen with alot of ammo,positive with foreighners and buy cpf,svi and cpall is my advice ,)
ueda said: 'guess everyone makes money nowadays ;)'
I wish...I pulled out of the market in May, but not before donating some of my profits to the stock gods ;-).
Market has been too erratic since then...I've idea if there anything currently...a safe bet!
Some trading ideas, stocks that have interesting charts:
BWG: rising support line since May, now at 1.63 which is the stock price as well. A dip to 1.62 means the support is likely to break. Set stop at 1.61
AIT looks similar, bullish triangle with the May support line at 54.75 and the stock at 55.25. Set stop at 54.25
BANPU is trading in a sideways channel with support 432 and res. 476. Now it stands inbetween.
Wait for a dip to the support or buy on breakout.
PSL seems to have found ground and rebounded with increased volume today. Set a stop around 14.4 and you won't lose much if it goes wrong.
Guys INTUCH
Zorro IHL like cup w handle, what do u think? I bought some tdy
TVO also doin great since my call, wl be >25 soon
IVL: looks like a cup but not exactly as there was a divident payment or some rights issue in May. The second peak of the cup should be at the same hight as the first and while it looks like there is a breakout at the handle it needs to break 8.8.
Adjusting the chart it would show a breakout.
Or the coup is not completed yet and the handle follows later?
Volume is increasing so I would bet on the upside.
TVO: nice rising resistance since end of last year which is now around 26.5
This thread is closed. Please move to "Stocks discussion No.8 - 2012".
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