Good Morning,
Last week, one of the darling was Sound Global, because of its potential dual listing but the deal fell through, and the stock plummented down more than 10% after the news. I called for a buy then and was looking at it to hit 85cents. It did hit a high of 84.5 before coming off. Missed my target by 1 bid.
Although we bought at a good price, but only managed to breakeven because of the trailing stop was triggered on the way down and decided to wait for awhile for the dust to settle down first.
Now I think the dust is about to settle down IF it can stay above 75cents and close above 77cents today.
The stock’s fundamental is reasonable and I foresee great potential on this stock in the long term. I am looking at it to reach back above S$1.00 mark by mid of march 2011. Thats more than 30% upside to go for this stock. The base support at 73cents is a SOLID ground on this stock. So one will know where to cut their position.
So do kindly take note of this share.
Have a great trading day ahead!
This is Kelvin Han, V3Go System Originator, signing off, cheers! 
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