Tuesday, 8 October 2013

Answer to a query by a reader on Courts Asia

Dear Friends,

A keen reader keep asking about Courts Asia, a stock he has. If you are like him, I suggest holding on to it. It does seem that buying is there at 0.7 region. I feel that is a good accumulation region. It would be wasteful to sell now if it rebounds.


But do remember that this stock has a similar pattern play to Vard. It will be ding donging between 0.70-0.80. If it breaks out of 0.80, it is likely to try to poke $0.97, where like Vard, is going to pause for sometime.

If break 0.70, stop loss at 0.65!!! No hesitation for a down trend stock!

Do not enter if you have not... just a reference for those who are having this stock.

Rgds
Daniel

958访谈9月21日:展望2017年股市与经济:美国联储局都不看好美国经济?

·         美国联储局都不看好美国经济? 道琼斯昨晚闭市在 22412 点,涨了 41 点。 昨晚最大的新闻就是联储局的会议。联储局的主席耶伦讲了几样事情: 1)   第一: 联储局保持利率不变 , 但耶伦也表示今年还会加息一次。 这其实和原本的预测一样...