Money Sense


Monday, October 15, 2007

15th October Quick Updates

1. Pine Agritech Limited buy at $0.44 , sold at $0.625, +42.04%
(Meet target price. Better to lock in profits. Good luck to those who are still invested.)

2. Lorenzo buy at $0.40 , sold at $0.415, +3.75%
(Not comfortable holding, sold at open price.)


3. HLG buy at $0.39, sold at $0.375, -3.84%
Expecting to rebound upwards at $0.355 if there is a continous uptrend. Consider to cut loss at $0.315. Today's low hit $0.36. Warning.

4. Jasper buy at $0.025, high at $0.025, +/-0.00%
20d and 50d MA going to kiss each other. Flag pattern is considered here. Break out will be $0.35. Stochastic at 17.7% low.

5. SMB United buy at $0.40, sold at $0.39, -2.5%

6. Armstrong buy at $0.455, high at $0.44, -3.29%
Support line at $0.415. Resistance at $0.46. Bollinger band squeeze. Consider stagger cut loss at $0.41 and $0.39. $0.34 support line. Looks like a symmetrical triangle in an uptrend. I also think that it has a cup with handle pattern.

7. Ellipsiz buy at $0.55, sold at $0.52, -5.45%
(Descending triangle in a downtrend.)

8. Informatics buy at $0.09, sold at $0.09, +/-0.00%

9. BBR buy at $0.115, high at $0.115, +/-0.00%
Ascending triangle pattern. To break $0.125 resistance line. Also to consider cut loss at $0.10.

10. CSC buy at $0.375, high at $0.38, +1.33%
Temporary correction due to volume decline as price fall. Strong support line at $0.34.

11. MDR buy at $0.075, sold at $0.075, +/-0.00%



Ok, let me include these counters into the list today:

1. Meiban buy at $0.62, high at $0.635, +2.41%
Longterm target price $0.715.
2. Jade buy at $0.405, high at $0.44, +8.64%
Longterm target price $0.475.
3. SSH Corp buy at $0.43, high at $0.44, +2.32%
Short-medium term target $0.455.
4. Anwell buy at $0.10, high at $0.105, +5%
Medium term target price $0.12.



To monitor:
1. Chip Eng Seng
Break $0.875 to confirm bullish.
2. Alantac
Break $0.405 to confirm bullish.



10th October sold list:
1. Hiap Hoe buy at $0.99, sold at $1.08, +9.09%

9th October sold list:
1. Metal Comp buy at $0.125 , sold at $0.125, +/-0.00%
2. Progen Holdings buy at $0.105 , sold at $0.11, +4.76%
3. Koh Bros buy at $0.47, sold at $0.48, +2.12%
4. Asian Micro Holdings buy at $0.11, sold at $0.125, +13.63%
5. Transmarco buy at $0.81, sold at $0.83, +2.46%
6. China Auto Corp buy at $0.13, sold at $0.14, +7.69%