Stock tips

Just observe there is an opportunity to buy swiber today when Singapore market open. Buy at below 1.02. By next week, oil prices should begin to strengthen and this will result in swiber appreciating in stock price. Tentative sell price for swiber will be at 1.1. Pls exercise cautions and implement cutloss strategy when investing.

Current stock market trend at the moment

For those with an eyes for detail, you would notice that even though the index was in the red, small cap companies are still rallying. The economic situation may have improved slightly but investors attention have turned to growth instead. Investors have grown tired of knowing that the recession is ending and now they are expecting more. The next rally would most likely be trigger by anticipation of growth, till then, the straits times index will most likely be hovering and sideway trade for awhile.

Therefore, in the mean time, you can consider trading on the mid cap and small counters whereby speculators are in play. Do take a look at JES, can consider to buy at 0.23 and sell at 0.26. MACD and stochastic oscillator are both showing bullish buy call. Do remember to exercise caution while trading and implement a cutloss strategy.

Possible short term stock gain

Below are the buy recommendation based on my personal analysis for your consideration and reference . Please exercise cutloss in the event of adverse market condition.

1. Yongnam: Buy at 0.31, sell at 0.36 or when price touches 10 simple moving average
2. Bayan Tree: Buy at 0.96, sell at 1.05 or when price touches 10 simple moving average

Purely speculatvie or gambling, can try to buy SUNMOON at 0.005. Try your luck to sell at 0.01 everyday. Potential profit of 100%. Pls do not use contra trading for this counter as you would need to hold to make money. Do not place a big position on this counter (recommended to be below $3,000). The max price for this share is most likley 0.01 only so do not try your luck to sell at 0.015. The rationale for buying this stock is to rely on the bull trend to attract speculator of penny stocks to come in and push up the price of this counter.