31st July 2009
Morning Highlights We have a good start for the day. All of our overnight positions are climbing very well. In fact, EZRA has outperformed and exceeded our original profit taking level. For Aggressive Traders, you can continue to hold your position, like we did, and trail the profits. There are 3+4 new trade setups in our Quick Picks (7 – 13). HongKong is likely to be triggered anytime. For those who have not entered pending order, you may want to do so now. Seize the chance! Our Focus for Today is on Property & Commodity Sector. **CHECK OUT TSL COLUMN TO ADJUST YOUR STOP LOSS** Quick Picks: Here is a quick pick screen that we have designed to pick out potential stocks, both Bullish and Bearish. These are measured with emphasis on larger changes in price and volume. [The Quick Picks referred herein contain overnight positions from Yesterday] Bullish Stocks (Singapore) Symbol Name Entry SL TSL TP Remarks 1 EZRA EZRA Holdings Ltd 1.40 1.33 1.40 1.47 Profit –CLOSED at 1.54 2 OCBC Oversea-Chinese Banking Corp 7.62 7.31 7.64 7.93 Profit –CLOSED at 7.76 3 WLIL Wilmar International Ltd 5.83 5.63 5.86 6.03 Overnight – Current Price at 5.93 4 HKLD Hongkong Land Holdings Ltd 4.00 3.84 4.16 Triggered – Current Price at 4.00 5 CTDM City Development Ltd 10.12 9.81 9.93 10.43 Overnight – Current Price at 10.00 6 KPLM Keppel Corp Ltd 8.21 8.01 8.41 Profit –CLOSED at 8.37 7 FRNM Fraser & Neave Ltd 4.19 4.06 4.32 8 DBSM DBS Group Holdings 13.98 13.48 14.48 9 AGRN Allgreen Properties Ltd 1.28 1.17 1.39 10 GENS Genting Spore 0.88 0.815 0.945 11 HBEE Ho Bee Investment Ltd 1.15 1.05 1.25 12 KLAN Keppel Land Ltd 2.76 2.63 2.89 13 SWBR Swiber Holdings Ltd 1.01 0.955 1.065 Stock Prices last updated at 18:41 (Singapore Time) Afternoon Highlights We have already taken profit for some of the open trades. Please refer to our Quick Picks for details. You can choose to do intra-day with us, or you can also consider to hold these stocks for mid term investment. On the overall, mid cap stocks are going weak In Summary Market starts to ease off near close. Most of the banks are affected, as well as the mid cap stocks. 2609.52 is a strong support line. We hold 3 positions over the weekend. Do take a good rest, enjoy and we'll be back to update the blog on Monday! Cheers!!
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