Monday, April 18, 2011

Bearish Stock to Short

Swiber closed 0.84 today, current trend is still down and just bounced off the resistance line few days ago. Got potential to go lower, can consider to short if it go lower tomorrow, Stop loss can put at 0.89. Timeframe around 2 week.

NOL, since the start of this year, this stock has been going downtrend, few weeks ago, it change to consolidation phase when STI rally. Got potential to go lower if it break the box. Stoploss can put at 1.97.