Friday, July 17, 2009

STI breaks 2425, next target 2600


Most property stocks had broken out of the shampoo formation, thus I am looking at a target of 2600 in coming 2-3 months. Remember we are out of recession. Banks and property counters are going to lead recovery.

Add all these in your watchlist:

Properties

  • *Allgreen
  • *Wingtai (My favourite bulldozer)
  • Capitaland
  • Kepland
  • *Ho Bee
  • City Development
  • Orchard Parade

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