Here's a quick market wrap for today, STI closed up by 33.31 to closed at 2782.55, it crossed 2776 (38.2 fibo pull) mark, and broke past four days resistance at 2772 too, a good sign for bulls. Next immediate target for STI is 2810, then 2850. You can feel my cautiousness as the targets are pretty much close. And I think market will watch the EU summit result on this Friday 9th Dec.
As for individual stocks, star performer today is CAO, NOL, YZJ, Mewah and my favorite HKland US$ just 4.82 resistance, more upside are expected.
My long watchlist for tomorrow:
Genting Sp
Soundglobal
Cosco
See you soon.
Wednesday, December 7, 2011
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment