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Wednesday, August 22, 2007

Hor Kew on 22/08/07



Indicators are showing that the counter is in the uptrend. there are more uptrend for this counter, Major resistance at 0.245. To summarize this counter isn't worth looking at. The uptrend indicators are not strong enough for me to confirm is it in the uptrend. Althought all the sigals are showing bullish formation. There 1 bearish formation. it has form a descending triangle. Maybe those who had vested should think abt relooking for their position in this counter.

What I would say if, if the losses if hugh, and u don bear to cut loss, maybe u can wait till ard sept 10 or around these date. but not too near to the FED meeting.

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