It hasn’t been a smooth sailing period for us. Indeed, we suffered from the uncertainties and have yet to fully recover from the drawdown.
Life is not a bed of roses. Everyone has barriers and obstacles, and indeed, the journey of investment is full of hurdles. Nonetheless, we take setbacks in our stride…
“Real optimism is aware of problems but recognizes solutions,; knows about difficulties but believes they can be overcome; see the negatives, but accentuates the positives; is exposed to the worst but expects the best; has reason to complain, but chooses to smile.” - Quoted from William Arthur Ward
Previously we mentioned that sentiment is neutral with more biased on the downside. Asia’s stock markets tumble hard after Greece fails to form a unity government, raising euro jitters. This adds on to bearish sentiment. Resistance established at 2870. A few bearish stocks are on our watchlist, mainly Golden Agri, Biosensor and SembCorp. Sentiment --> Bearish
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