Tuesday, August 21, 2012

22nd August Potential Counters

Oldtown:

Why Buy? near to 20MA. Tested twice, and the volume is decreasing. Buy around 2.1
Why Sell? 2.30 Reversal signs
Cut loss: 2.05
Market environment: klse breaking into new high, consumer stocks all up

 HUAYANG



Why Buy? near to support and 20MA at 2.06 . the volume is decreasing. Buy around 2.1
Why Sell? 2.20 + Reversal signs
Cut loss: 1.96
Market environment: klse breaking into new high. Dividend news in play and is gonna ex on september 5th. 15 cent dividend makes it a good dividend stock. 
 LUXCHEM

Why Buy? near to support and 20MA at 1.35 . the volume is decreasing. Buy around 1.35
Why Sell? 1.4 + Reversal signs
Cut loss: 1.3
Market environment: klse breaking into new high. Dividend gonna ex soon on september 5th and is a good dividend stock. 



 SUNREIT

Why Buy? near to support and 20MA at 1.47. Buy for dividend keep since it is a good reit
Why Sell? 1.6 + Reversal signs
Cut loss: 1.4 to average down
Market environment: klse breaking into new high. And trend is most REITS up 

No comments:

Post a Comment