Dear Friends,
A few days ago, we asked everyone to exit OSIM to exit the stock at $2.17. Indeed this stock since then, has not broken $2.17. That seems to be the highest point. We did it by implementing what we called the "Law of Gravity of Price", a strategy we founded knowing the support and resistance of a stock just by looking at price action.
Last article:
http://www.danielloh.com/2013/10/singapore-stock-tip-osim-reached-our.html
See the chart today. $2.17 is really the highest point reached.
So what about now?
Now the fundamental earnings results need to be considered. Tomorrow, OSIM will be announcing its results. So I probably will gauge how is the results tomorrow. I am waiting for a quite good result from a good fundamental company before taking the next action.
Lee us see!
Rgds
Daniel
www.danielloh.com