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Monday, April 13, 2009

Strong Commodities and else

I can't remember did i mention here. Commodities sector are in the nice up trend. if you are looking for long opportunities, look for this sector first. You can refer to the sector list if you are new here.

Besides this, SPC, Gen int, Ezra all are nice long candidates.

However, I will keep an eye on those stocks near their resistance for short candidates as STI is approaching its resistance, Dow jones still got another 300point which i think will happen in coming days to move up to its resistance 8,300~ 8,400 congested area, then a pull back is very likely.

If you are long, keep longing. just be alert when it against you, don't give back your profit. I'm preparing to exit my OCBC long position as it at its resistance. see how it goes 1st.

Haven't completed all charts review yet, will update more in the morning, if any good trades. Sweet night!

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