US Oil inventory released Yesterday indicates weak crude oil demand. Oil and Commos are going to have some selling presssure.
Watch these if you want to be PHD in them. Selecting a stock is like finding girlfriends, you must know industries it is in, got profit bo and the Support/Resistance LEVELS.:
a) Tat Hong (1.01)
With IR completing and government releasing more sites for properties, its cranes should be more busy than ever. This one looks the best bet now.
Increasing volume
Levels: 0.95, 1, 1.02, 1.05 (Memorise by hard)
b) Yanlord (2.38)
Yanlord just launch a marina project in China and properties in China is red-hot.
Levels: 2.22, 2.3, 2.44, 2.50 (Memorise by hard)
c) Parkway (1.78)
With H1N1 becoming a household pandemic, this one could move to 2 dollar soon. It used to be a 4-5 dollars stock.
For information, it owns Gleneagles, Mount Elizabeth, and East Shore Hospitals.
Levels:1.62, 1.72, 1.75, 1.86 (Memorise by hard)
d) RafflesEdu (0.62)
Education is a stay whether in recession or good times. The only worrying thing is the high gearing.(borrow alot of $$, with cash in hand belittle)
Levels: 0.58, 0.6, 0.62, 0.645
My New Year's Resolutions For 2013
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Happy New year to all my readers, hope that all of you had enjoyed yourself
during the holidays.
Last year I have finally reached a major milestone which i...
11 years ago
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