Today will be good day for Stocks especially Water Related.
Posted by admin in Futures Pick, Market Analysis, Stock Pick[8:44:55 AM] 00 Kelvin Han: Morning,
(sun) (sun) (sun)
Judging from the Dow and the ROC of the STI chart, as long as STI stays above OP and above 2793, today is a good day to go LONG on stocks especially the water related counters.
But i must warn that the formation yesterday was a BHP formation therefore that equate that there could be a BIG Movement coming soon on the market. So traders take note.
HK Future, as long as HK stays above OP and above 21865, I believe the HK may do a technical correctional upside movement today. The downside ROC is getting smaller therefore this could signal buyers are getting stronger on the downtrend.
Stocks Outlook: Ying Li should hit 71cents within this week.
Overall, I’m expecting Upside by the local STI market TODAY.
Cheers!
Disclaimer as usual
Kelvin Han
Originator of V3Go Mentoring Program
KH
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