Wednesday, 2 April 2014

Singapore Stock Tip: Centurion hits our target at $0.67, but it looks like a resistance in $0.77-$0.80

Dear Friends,

Do you remember we talked about Centurion on 4th December? With STI not that good, this company continued to run, and hit our mid term target. It did rest after hitting our mid term target at $0.67.

Check out our post on 4th December
http://www.danielloh.com/2013/12/singapore-stock-watch-is-centurion.html

This is Centurion latest chart:

We do think that this is a good stock, but with price now at $0.75, we would suggest caution, as we think there might be a resistance at $0.77-$0.80.

Let us see how much it consolidates when this region is hit. You might want to take profit in this region first, wait and see if there is another entry.

Keep a lookout on our post about this stock again!

Rgds
Daniel
www.danielloh.com

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