Intra-Day View
Noble
Time to cover the short and take profit !
Last Friday : $1.59. Today : $ 1.45. Difference : $ $1.59 - $ 1.45 = $ 0.14
The Market
The major trend is still down and bearish. However, if the STI can maintain at the current level ( 11:30am at 2,745, -27 points ) till the closing without any further violent sell down in the afternoon. We will have a nice doji during closing and this will imply we may have a short-lived rebound the next 1~2 days.
The major trend is still down and bearish. However, if the STI can maintain at the current level ( 11:30am at 2,745, -27 points ) till the closing without any further violent sell down in the afternoon. We will have a nice doji during closing and this will imply we may have a short-lived rebound the next 1~2 days.
Labels: Market Direction, Stock Pick