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All postings and comments are based on my personal opinion. It is purely for sharing purpose and no inducement for any buying or selling.
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Wednesday, February 14, 2007

Yongnam

It has presently hit the top resistance trendline at 0.31. It may move down or go sideway, breaking the trendline will see it moving further up.

2 comments:

Anonymous said...

I bought Yong Nam at $0.055 and planned to sell at $11 but missed the chance and instead sold at 0.215. So the destination change.. so what is the next destination?
Ah Seng

SGTrader said...

I would say that this is a good stocks, esp. with its penetration into middle east market, I think it will have more projects to come.

For mid to long term, you may hold until the MACD cross under the zero center line. As for when to enter, you may enter now for long term or wait till the present market situation to settle down. You may study the TA as a guide.