Thursday, 20 December 2012

Singapore Stock Tip: Yoma drop today is still healthy

Dear Friends,

Looking at Yoma's drop today, it does still look a healthy accumulation stage. The general market is taking a rest today although STI goes up 10 points. Some index stocks are contributing to the run-up.

OSIM drop today is unhealthy. Gap up today to 1.8 plus and drop till 1.75 now with a huge volume. 1.8 remains a resistance for this stock.

In summary, Yoma is still healthy. Let us see how many days it consolidate before the next run....

Do remember we are not contra trading. You probably need to hold on to the stock.

Rgds
Daniel

STI is the Only Flower stuck in a pile of Cow Dung! - The only major index in Asia that is in the Green

Dear Friends, A few days ago, I issued a post on where I think is the accumulation area of STI - 3300-3350. Yesterday it dropped into thi...