Hyflux has a couple of times when its price trend down, and suddenly breakout on the next day. On 10/08/07(Friday), this stock has trend down again to its support level of $2.93. Will the stock breakout again on Monday? If it is able to break its resistance level of $3.18 with high volume, i think it will be a good stock to buy at $3.20. If it breaks below $2.93, i think it is time to cut losses.. Lets see on monday. :)
9 comments:
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