Thursday, July 12, 2007

Singapore Stock: HengXin Tech

Am watching this counter closely. Including yesterday's low of $0.385, there has been 5 PRICE matches altogether, at this PRICE - clearly a sign of weakness/indecision, trying to go lower.
If PRICE is able to trade above $0.41, then it would signal the first indication of a possible change in TREND, in PRICE. A long at this level of $0.39 - $0.395, with a STOP Loss at $0.36 is the other alternative.

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