Market View 10 July 2013

Yesterday was a pretty good trading day for
both myself and some readers on Skype.
We had winners in the Peter Lim's stocks,
Rowsley and UPP, Yoma, and even a stock
Lian Beng purely based on technical play.
I mentioned Yoma yesterday morning that
a play is imminent after it break out of the
recent range and it materialised in the afternoon
when the volume rushed in. I am sure that
many readers should have benefited and 
profited from it.

Ok, now, the concern is whether the play on
the abover-mentioned stocks will continue.
Yoma is still looking good and it should continue
to have a run-up as long as stay above the 90s.
Rowsley and UPP may take a short break before
staging another surge. Regarding Dukang that
many readers are asking, it should break above 
53cts  again as there is already signs that the volume
and play are back. But I have my concerns on 
the stock too as it have been dragging far too long
for the breakout to come. Anyway, have a strict
cut loss for the above stocks. 
Next we have the obvious targeted stock, Ramba.
As per what I mentioned in yesterday post, it got
a last push-up in early morning traded and the profit-taking
takes over. The play is not over yet but a break 
is good for the time being.

If you are interested in our local brokerage's stock
call, then go to:
Singapore Stock Reports For You  

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