Advice on Technical Analysis on SGX Stocks, how to trade it with japanese candlesticks..and trade with other parameters to gauge the direction of a particular stock if it is uptrend or downtrend..Of course this is only my personal view with disclaimer on my website. "To check Disclaimer, it is on the left top of the website here"

Monday, August 24, 2009

China Milk and it's milking tomorrow...

Today, I detected there is a bullish signal for this counter. Why, momentum looks good on this counter but the gap should be a low one...0.535?

Anyway, Business strategy for China Milk is definitely good one..Milk suppose to be something if not everyone, it will be someone to use it.. There is a risk though. Remember Milk scandal, taning..so risk definitely is there, not only this but other companies..But outlook for this company is good, removing the risk that I mentioned...

So, we will see on the short-term, I will post the closing if any reversal signal detected.

SOBAYOR as usual,

rgds, star-trader

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