Its another holiday again. So today I will assess my holdings.
Ho Bee:
Direction: RSI, MACD, SAR all showing downtrend. Market moves in cycles and this small downtrend is understandable following a large movement in price.
Possible Movement: Coming week might show a reversal in trend so that it will resume its trend movement.
Risk Rating: low
Potential loss: nil
CPL: $2.30
Bio Treat:
Direction: Uptrend since November 2006
Possible Movement: Not much movement as MACD are not favorable, or slow upward movement
Risk Rating: low-medium
Potential loss: -5.98%
Cut Loss Price: $0.785
China Aviation Oil:
Direction: A secondary downtrend
Possible Movement: Recovery might have to be longer. Might continue to fall further.
Risk Rating: low-medium
Potential loss: nil
CPL: $1.46
Noble Group:
Direction: Relatively strong primary uptrend
Possible movement: Sudden dip to $1.59 might trigger a reversal. Unknown where it will be heading
Risk Rating: Low-medium
Potental loss: 6.58%
Cut loss price: $1.56
Rotary:
Direction: Possible secondary downtrend due to negative indicators shown by MACD, ADX and RSI
Possible movement: Might not be significant as this dip is caused by the XD. It's low has been triggered, however, it's closing price still lies above the CPL price.
Risk Rating: Low-medium
Potental loss: 0
CPL: $0.995
BrightWorld:
Direction: Relatively strong primary uptrend
Possible movement: Continue up
Risk Rating: Low-medium
Potental loss: 7.157%
Cut loss price: $0.441
Asia Env:
Direction: Trend has been strong. However, profit warning might break the trend
Possible movement: Profit warning might trigger a reversal. Extra attention is needed on this stock.
Risk Rating: medium-high
Potental loss: 8.395%
Cut loss price: $0.742
MiddleEastD:
Direction: Price Stabilizing at the moment.
Possible movement: Might be facing a possible secondary downtrend.
Risk Rating: High
Potental loss: 14.49%
Cut loss price: $0.295
After the analysis, three stocks needs extra attention. Rotary(the decision whether to reduce its position), NobleGroup(the sudden dip in prices), AsiaEnv(Profit warning signs by Dayen)
Labels: AsiaEnv, Bio Treat, BrightWorld, ChinaAviationOil, HoBee, MiddleEastD, NobleGroup, Rotary |
