It was a fabulous day for bulls. The bulls finally lift its heads up -- fiercely.
As for STI, it broke its upper channel yesterday, the trend is obviously to the upside, bulls won the battle. More upside room shall be seen as I said in few posts back. Next major resistance would be 60% fibo at around 2950.(I'm still unable to upload chart here due to blog java issue)
Stocks are running in tiers -- there are stocks run first and stocks run later. Here are few long candidates are much promising to climb higher.
Ezra: Ascedning triangle, 2.05 support.
Wingtai: enter if break 1.72, tgt= 2.0
F&N: down trendline broken, tgt= 4.15
SC Global: 20wma support tggt 1.9
IndoAgri: tgt 2.0 if breakout 1.81 major resistance.
Venture: 8.8 major support tgt 9.6
Straitsasia: support 2.1 tgt=2.7
Tuesday, November 17, 2009
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