SGX: Raffles Edu

Raf posted a no dividens this year due to issue happened in China (acquisition issue), The graft shown she keep going down.  I need to hold it for longer time.

I brough this counter at 0.54sgd after 2 days rally in mid sept but she failed to break next level resistance and turn around to drop further....PAINT..

I will consider to buy some when she touch 0.426SGD at 38.2% fibo retrace line.

SGX : Cosco Corp

Cosco facing a very steeve drop due to losing revenue and profit in this quarter report.
Will this a best buy now, may be.
The risk is Cosco will go down to 0.7sgd but the upside will be good. Cosco is now 1.05sgd so if you are a long term investor you may consider this stock where by the historical high is 7SGD.

Ask yourself how long you can hold.....

1 year chart compare to 3 yrs chart.

SGX : China Hongx

She is still in the down trend, the graft shown she is struggling to break resistance. This is due to Hongx announced a less profitable quarter  result which suppose to be a good quarter due to golden week holiday in China.

SGX- Synear

Hi all,
I'm back. Kind of busy in last 2 wks.

Market started to pick up again with the announcement of Federal reserve of USA. Asia region market reply with a welcome signal hence rally today.

If you have brough a good counter you may want to ride the rally for next few week. the earning season will be end soon so this also give a confidence to the market to come back.

I made an analysis on "Synear", i used to owned this counter.

I see a formation of "Reverse Head and Shoulder", If synear rebounch back to 0.32sgd and stay there for couple of days then the pattern will be confirm. (this may take 2 wks to see it)

Well, When you see a reverse haed and should with aconfirm pattern what will you do? Buy it. The possible high will be 0.40usd.