Friday, 23 November 2012

Singapore Stock Tip: Yoma consolidating but professional $ still around

Dear Friends,

We did say that Yoma hit our target at $0.70 and our advise is to exit at that price or when it cannot stand above $0.67. It went according to plan as today you can see it drop a bit and close at $0.66.

Check out our article:
http://www.danielloh.com/2012/11/singapore-stock-tip-yoma-hit-our-target.html

But, having said that, we also know that Yoma is a good company with a story behind. Today, I saw that though it drop a bit, (although we exited position), we saw that professional money may still be in the stock.

We are still monitoring the progress.

A few scenarios might occur:

1) If the stock goes back up to $0.695 within 2 weeks from now, there is a high chance that he stock might breakout off $0.70. $0.695 may be a good entry point.

2) If the stock consolidates for more than 2 weeks, we will look at $0.71 as the entry point upon breakout or when it consolidates in a base.

3) If we find out the professional money leaving, then bye bye...

Radio FM958访谈 2018年11月15日:世界股市展望 - 现在是熊市吗?

·         美国 股市担心苹果业绩,巴菲特却大胆投资! 道琼斯昨晚闭市在 25080 ,掉了 205 点。在这 10 月 11 月道琼斯的波动都相当大。有很多投资朋友开始怀疑熊市是不是已经来临了。我的答案是还没有。这个跌幅反而是好时机进场。大家不用太担心。 ...