Monday, October 3, 2011

SembMar

Buy SembMar at $3.19 on 3rd Oct 2011

Trade decision conditions:
  1. STI hit a new low of 2605;
  2. SembMar hit a new low of $3.15; the chance of a rebound is higher after making 2 new lows in 2 trading days
  3. Still no news of retrechment and pay-cut news; meaning that it is just a correction
Stop: $3.10

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