SgTraderClub Weekly Stocks Updates: Market Retraced

Wednesday, October 21, 2009

Market Retraced

Market may retrace and test 2,700 support level, as for indivial stocks, for

1. short term trading: tighten up your stops
2. trend trading: watchout your major support level.

Below are the stops in my mind by now:

NOL: 1.69( stop loss for short term)
1.60 is the major support level

Ying Li: major support is at 81 cents

Kepland: 2.64 support

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