News and information of Singapore stock market. Chart with Support and Resistance. A blog to force myself to learn.
Jan 18, 2014
Vard Holdings Technical BUY with +11.7% potential return
BUY with a target price of S$0.95 as the stock appears to have reversed its downtrend and prices could have bottomed out at S$0.75 at the moment.
Watch to see if its 20-day EMA could cross above its 50-day EMA as the stock looks poised to break above S$0.87 with comparatively high volume on the back of a +DI/-DI crossover.
Protective stops could be placed at S$0.78.
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