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 1.360 - - Consolidations High Active
2 Hyflux 20-May-2009 1.820 1.790 1.810 - - Initial Uptrend High Active
3 Keppel Corp 20-May-2009 6.66-6.68 6.750 6.820 - - Initial Uptrend High Active
4 NOL 20-May-2009 1.40-1.43 1.320 1.310 1.320 21-May-2009 Initial Uptrend High Close
5 NSL 20-May-2009 1.21-1.22 1.200 1.220 - - Initial Uptrend High Active
6 Olam 20-May-2009 1.900 1.830 1.840 - - Consolidations High Active
7 Sembcorp Industries 20-May-2009 2.95-2.98 2.880 2.900 - - Consolidations High Active
8 ST Engineering 20-May-2009 2.360 2.350 2.380 - - Initial Uptrend High Active
 
Note: NOL has been stopped out.
You might want to exit your positions if the market continues to fall tomorrow.
 
Comments on Straits Times Index ( STI )
  
STI dropped back into the Consolidations Phase.
A Resistance seems to have formed at the level of 2280 index points.
If the market is not able to break above this level this round, it could signify the end of this 3 and a half months' Bear Rally, 
a rebound of around 33% from the bottom.
Risk Level is High.



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


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