Friday, August 21, 2009

New uptrend spotted in US market

A new uptrend for the US market has emerge. Time to enter market to buy. Some of the counters to watch out are as follows:

  1. HongFok: Buy at 0.695, sell when price touch the line of 10 simple moving average
  2. Swiber: Buy at 0.93, sell at $1
  3. Allgreen: Buy at 1.14, sell when price touch the line of 10 simple moving average
  4. Capitaland: Buy at 3.66, sell when price touch the line of 10 simple moving average
  5. Ausgroup: Buy at 0.63, sell when price touch the line of 10 simple moving average
Pls remember to exercise cutloss strategy if you are contra trader. If you are using cash to hold, you would not need to panic even if the prices fall because you can still hold on to it.

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