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03 June 2006

 
Shopping List - Establish test positions

Read all charts of 190 stocks on my radar screen, found that 8 stocks have led the market crowd and formed double bottoms and broken above respective necklines of double bottoms. They may become leaders in the much expected rebound,

Norelco ---buy .485 to .495
Boustead---buy 1.12 to 1.13
Biotreat---buy 1.07 to 1.10
MIT---buy .155 to .16
PineAgri---buy 1.81 to 1.83
TAT---buy .95 to .96
Telechoice---buy .30 to .31
Wing Tai---buy 1.63 to 1.66

Comments:
A little late on Wing Tai, reversal day yesterday.
 
May still have chance at around 1.65
 
Norelco ---buy .485 to .495 bot .485
Boustead---buy 1.12 to 1.13 bot 1.12
Biotreat---buy 1.07 to 1.10
MIT---buy .155 to .16
PineAgri---buy 1.81 to 1.83
TAT---buy .95 to .96
Telechoice---buy .30 to .31 bot.30
Wing Tai---buy 1.63 to 1.66 bot 1.62
 
Update 22 Jun 06

Norelco ---buy .485 to .495 bot .485, major player is distributing in good times?
Boustead---buy 1.12 to 1.13 bot 1.12, to stop at 1.05(shs nl) to 1.08(rebound 50%) due to shs
Biotreat---buy 1.07 to 1.10
MIT---buy .155 to .16
PineAgri---buy 1.81 to 1.83
TAT---buy .95 to .96
Telechoice---buy .30 to .31 bot.30
Wing Tai---buy 1.63 to 1.66 bot 1.62, to stop at 1.55 (rebound 50% of latest fall wave)
 
Update 26 Jun 06

Norelco ---buy .485 to .495 bot .485, major player is distributing in good times?

Boustead---buy 1.12 to 1.13 bot 1.12, to stop at 1.05(shs nl) to 1.08(rebound 50%) due to shs, cut 1.05 on 260606

Biotreat---buy 1.07 to 1.10

MIT---buy .155 to .16

PineAgri---buy 1.81 to 1.83

TAT---buy .95 to .96

Telechoice---buy .30 to .31 bot.30 tg .33-.34

Wing Tai---buy 1.63 to 1.66 bot 1.62, to stop at 1.55 (rebound 50% of latest fall wave) , cut 1.37 on 260606
 
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