Tuesday, 18 December 2012

Singapore Stock Tip: A tasty speculative play on Blumont??

Dear Friends,

This is really a penny stock play. BLUMONT.  It sure looks tasty to me at $0.20, a strong support may have shown.

Accumulation may have started yesterday. Let us see....

Now $0.215. A good risk reward play, stop loss at $0.18, profit target at $0.27 - $0.30.

Since it is so penny, strong stop loss is needed just below support.

Regards
Daniel


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