Stocks Recommendations eNewsletter

This issue's stocks picks:


Long Positions
S/N Stock Date Start Buy Stop Last Sell Date End Cycle Phase Risk Level Status
1 Ascendas REITS 20-May-2009 1.400 1.330 1.400 - - Consolidations High Active
2 Hyflux 20-May-2009 1.820 1.720 1.820 - - Initial Uptrend High Active
3 Keppel Corp 20-May-2009 6.590 6.300 6.590 - - Initial Uptrend High Active
4 NOL 20-May-2009 1.430 1.300 1.430 - - Initial Uptrend High Active
5 NSL 20-May-2009 1.200 1.150 1.200 - - Initial Uptrend High Active
6 Olam 20-May-2009 1.930 1.830 1.930 - - Initial Uptrend High Active
7 Sembcorp Industries 20-May-2009 2.980 2.850 2.980 - - Initial Uptrend High Active
8 ST Engineering 20-May-2009 2.360 2.280 2.360 - - Initial Uptrend High Active
  
Note: 8 new counters added for Buying or Long entries.  
Enter with caution as the risk is very high now, considering recent high volatility market moves.
We can only test out the market to know its direction.
 
Comments on Straits Times Index ( STI )
  
STI is back in the Accelerated Uptrend Phase after a "gapped up" movement caused by a renewed optimism of recovery of the US economy.
Such optimism have a tendency to last quite a few days in recent market behaviours.
Risk Level is High.



Trade smart,
Jen Wei
Your Friend, Your Trading Adviser
adviser@tradingadviser.com
http://www.tradingadviser.com


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