06 December 2013

What Stocks to Buy Now?

On 04 Dec, SGX suddenly plunged, most of the counters that I am following become cheaper, thinking of buying Sheng Siong and CDL HTrust to average down, planning to buy 2 lots of Sheng Siong, and maybe 4 lots of CDL Htrust. Next Tuesday I will have $6919.72, I top up another $1600 then should be enough.

There are also other stocks that I would buy if I have more money, like KepLand, Cache, Lippo Malls, Sabana, Venture, M1, all these should rebound later on, if I'm not wrong, have been monitoring their pattern a while now, especially M1 and Venture, once M1 hits $3.2 and below, it will always go back to $3.2-$3.3x, as for Venture, $7.50 seems to be their main support now, once it hits that price, it will always go up. By the way, today M1 closed at $3.20 and Venture at $7.52.

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