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On Thursday, we issued to look at OSIM. On Friday, bcos of good earnings it rises.
See our recent article below:
We mentioned our Target Profit 1 price is $1.89 and Target Profit 2 price is $1.97-$2.
When we mentioned on Thursday, it was $1.795.Let us continue to see if it hits our TP!
By the way, I am monitoring closely another stock Ezion carefully now. It has been consolidating in a region between $1.80 and $1.85. We feel it might have some upside potential after the recent fall. Ezion is dragged down by Ezra recent poor earnings. But we feel that with crude oil rising, you might want to look at some oil related counters.
Price Now: $1.815
Stop Loss: $1.75
By the way, on Friday Non farm payroll figures have been above expectation. Dow goes up triple digit on Friday, breaking 14000 for the first time in 5 years! It coincided with what we predicted about friday's employment figures as we expect it to be better than expectations.
Our last article:
But having said that, we feel caution is needed in the market as we feel that not all stocks will rise in Feb. We even feel that Feb, US will reach a peak and go sideways. March or April it will start a fall.
So only pick the right quality stocks whereby earnings is above expectations.
By the way, we will be talking about Mr Hu Li Yang market outlook for this quarter and year2013 this Tuesday(English) and Wednesday (Chinese)
You shall learn:
- How do you make a consistent income in trading?
- The correct habits of a trader?
- Strategies for 2013 as a trader?
- How do you increase your probability of winning to 95% by just spending 5 minutes every month?