Good morning everyone. On Friday, Dow fell over 100 points intitally and managed to recover half of its loss on close. In Singapore, I see many counters are bottoming out, I'm looking for more longs than shorts for this week in general.
Some of my long candidates: Goldenagri, it had a break-out last Friday after one and half months consolidation. a good entry point would be 69c-70.5c, target is 80c IF it can break 70.5c resistance.
Sembmar short term S/R: 5.21-5.3
Will update you soon.
Monday, July 11, 2011
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