Market View 27 May 2011

The annual Great Singapore Sales (GSS) officially starts
today although another Great Stock Sales already started
days ago, if you have noticed it.

Despite the low transaction overall market value yesterday,
there are still winners in such a period. I mentioned STX OSV
and a relative unknown stock call Hu An Cable. They were
the winners for me and I believe that their upside potential
is still strong. The next resistance of STX OSV will be faced
at 1.27 and it need to stay above 1.20 With regards to Hu An,
as long as it stay above 37cts, it should be heading the next
resistance at 41cts and eventually 43cts. For those who wonder
how did I "uncover" the stock, all that I can say is that it is
all in the chart.

Some other stocks that I am watching eagerly are Ausgroup
as long as it above the important 44cts support level, First Resources
as I like what I see in its chart.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-management.
If you don't like what you see in the market,
simply don't trade.

If you have Skype, and would like to chat with me about
stocks and all others, you can ring me at my
email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default

As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!

市场生存座右铭: 风林火山 

别人笑我太疯颠，我笑别人看不穿