Monday, February 21, 2011

Ramba

STI close 3070 (-16) today, overall market is still weak, it might go down to test 3030-3000 this week, hopefully it go down soon so that investors who are waiting at this point will all jump in and buy. However we still believe market will go higher once correction is over thus be ready to invest again!

Ramba 0.485, recently had a spike in volume and price. I believe that this is the signal to the end of its down trend. It had a small retracement last week and now seems to regain strength again. Can consider to buy around 0.485 stoploss at 0.44, mid-long term trade.



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