Thursday, July 7, 2011

STI Outlook

Hi all again! Sorry for the lapse between the posting.. It is really because there is nothing to post, finally we are now coming into the buy zone again. Following my previous post.. the day after my posting is indeed a great opportunity to pick up some good shares.. STI resistance remain at 3180 and 3240

Since now mid term trend has change to bullish(my view) we got some stock to look at.
Hyflux today close 2.09 chart looks like changing of trend, can consider to go long if it move above previous day high.
RafflesMg, Biosensor looks good... Sembmar support at 5.20, Semb Corp stoploss ard 4.85, Watch for STXOSV breakout of 1.42.