Weekly market analysis covering Singapore, US, Hong Kong and China — stocks, REITs, ETFs and trading perspectives.
Monday, May 6, 2013
Dukang Rebounded
Dukang: My previous trade was on pr 18 when it broke 36c resistance, it then went up as high as 43.5 in three days time. After that, it retraced down for 50% to low of 36.5 on May 2, entered into one week consolidation. It rebounded today with high volume after the retracement, would indicate the uptrend may resume. First target is its previous high at 43.5c
Labels:
Long Candidates(Sg),
SG Mkt
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