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Friday, November 4, 2011

Long Candidates

US market was up by 208 points to closed at 12044 last night, it will add some upbeat momentum to STI today.
STI has completed probably will end its consolidation after its break-out from its inverse head and shoulder pattern.

I see STI will resume its upside move, with next target is 2900 and 3010. Support level is the neckline 2780.

Long Candidates:

DBS( 12.33 support)
Genting Sp
SIA Engg( dividend play, xd 6c on 11 Nov)
Indoagri
Noble grp
Kepcorp
Sembcorp
Sembmar
Wilmar

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