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Tuesday, April 24, 2007

New Stock Recommendation

Hi fellow readers. Just detected new stocks in my radar. Expecting some news in 1-2 weeks time. Trading strategies are as follows:

HOVID
1. Entry price: RM0.44
2. Cut loss level: RM0.40
2. Take profit level: RM0.58
3. Max. holding period: 3 weeks

PGARDEN
1. Entry price: RM1.98
2. Cut loss level: RM1.70
2. Take profit level: RM2.50
3. Max. holding period: 1 month

Just sold Faber at 1.57 yesterday. Darn! It went up to a high of RM1.70 today. Will buy again when the technical correction happens. This baby is so strong that it went against overall market downturn today. Still a BUY to me.

Thinking to sell SapuraCrest and SapuraCrest-w tomorrow. At 1.52 and 1.02, I feel the price gonna be stuck in that range for the next week or two.

Thats all for now folks. Remember please consult your so-called investment expert before jumping in the fun. Good luck.

Signing off at 11.35 p.m.


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