Thursday, 29 August 2013

Singapore Stock Tip: Cordlife went beautifully according to our plan, has it potential still?

Dear Friends,

Do you remembered we recommended this company when it was $1.07. I mentioned that in our article on the 19th August <Gameplan for the week>.

We set a target of  1st and 2nd target price for it.
Target price 1: $1.17-$1.20 (also a resistance)
Target price 2: $1.25-$1.30 (2nd major resistance)

3 days ago, it actually gapped up and hit a high of $1.29, hits our 2nd resistance target before retracing to 1.175 lowest price yesterday.

If you exited like what we mentioned, you would have make quite a handsome return! Congrats!

Today it increases $0.035.

So what now for this stock. I would like to offer my views again if you would like to hear part 2 of the story. I always believe every stock has a story to tell, and our job is to be a good listener. Ha..

I believe that this stock has not reached its end yet. The trend is beautiful and you should focus on this stock again and again for this quarter, especially after a beautiful earnings. It has a good earnings story and you should believe it... as long as market likes it.

My View:
I think now Cordlife will be in the region of $1.20-$1.30, ding dong a bit, 
before eventually breaking $1.30 to head for $1.39-1.40, consolidate a while, then $1.47-$1.50. At 1.47-1.50, it then needs to rest for quite a long time.

Yes, we think it is still good, and a good long term portfolio stock at $1.20 still. 
Do treat it as a long term growth play! not short term only...

I told my Cord-life story, let us see if it turns out to be a fact or fiction. Ha...



Do join our seminar next week to find out about the next stock we are targetting!!!

FREE investment seminar in singapore

<<Has STI reached a bottom at 3000? >> By Daniel Loh


Hurry and Participate for the discussion with Daniel Loh this month!

You shall learn:
1) Market Outlook for the Singapore and US markets
2) Strategies you can used to hedge your risk playing with stocks
3) How does Warren Buffet hedge his risk in his stocks portfolio
4) How can you make money when the market is falling?

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