Thursday 29 November 2012

Singapore Stocks that are on our watchlist now (publish on 29 Nov 11.02am)

1) Ezion - anticipate to make a run till 1.47-1.5

2) Supergroup - expect resistance at 3.3 now, see if it drop, if it drop somemore might pick up. if it goes up to 3.33, might buy in upon 3.3 breakout

3) Yoma - consolidating, i just need a good up day to tell me if it might run past 0.7... and there is a good chance it will

4) Biosensors - resistance at 1.17- 1.2, not much upside now, but it is in my watchlist. Look for consolidation and watch to pounce

5) Yanlord - anticipate a run till 1.47- 1.5, today at 1.42

Do remember ur money management! All these stocks have strong sales/ earnings or strong forward earnings expectation to sustain their run. All can be our focus this quarter. Not for contra trading. If it does not go according to what we want, do prepared to hold. The good thing is that these stocks can hold a while because of fundamental story.

"Fundamental drive the direction of a stock price. Technical only provides the entry and exit" - Daniel

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