Capitaland Breakout From Downtrend Line $3.39
Labels: Market Action, Stock Pick
Wing Tai Holdings (W05) $2.08
Wing Tai holdings is currently trading at the upper boundary of a downtrend channel. Although some trading systems (eg: CSI) have already issued buy signal, I would prefer a break above $2.15 as a safer entry. This is the price where the stock is :breaking out from the downtrend channel, a resistance level at $2.14 and the 200 days moving average.
Labels: Stock Pick