Market Sense

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CK Choy.

Market Sense 市场意识: Personal Market View - Stocks screen - Sarin, Biosensus
Be decisive, Be patient, Don’t be greedy, Don't be stubborn

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The information contained in is provided to you for general information/circulation only and is not intended to nor will it create/induce the creation of any binding legal relations. The information or opinions provided do not constitute investment advice, a recommendation, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not have any regard to your specific investment objectives, financial situation and any of your particular needs. Accordingly, no warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on this information. Investments are subject to investment risks including possible loss of the principal amount invested. The value of the product and the income from them may fall as well as rise.

You should seek advice from a financial adviser regarding the suitability of the investment products mentioned, taking into account your specific investment objectives, financial situation or particular needs, before making a commitment to purchase the investment product. In the event that you choose not to obtain advice from a financial adviser, you should assess and consider whether the investment product is suitable for you before proceeding to invest.

Any views, opinions, references or other statements or facts provided in this are personal views. No liability is accepted for any direct/indirect or any other damages of any kind arising from or in connection with your reliance on the information provided herein.

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Note:
All TA (Technical Analysis) view using charts are for illustration purpose only.
Unless otherwise specified, all charts' sources are from POEMS(Phillip Online Electronic Mart System)

Tuesday 5 July 2011

Personal Market View - Stocks screen - Sarin, Biosensus

by ckchoy
Stocks screen - Sarin, Biosensus

**Sarin after breaking 0.66 resistance in 26 May, it has been in surging up trend. Today it continue makes new high and closed at 1.075. Looking back its price action from one week ago, there seemed to be accumulation activities below $1. May try your luck to buy below $1.  In a short period of time, so far this is a great winner stock, I'm not sure what is the downside risk and how high it will hit but it looks to have a great potential for more upside.(please plot your own graph, as I'm not a TA expert)

**Biosensus is another stock that bucked the profit taking trend today.  After hitting 1.28 in the afternoon, it ramped up steadily and closed near high at 1.345.  It broke the short term resistance at 1.31 hence in term of  TA, it is in good shape now and looking for more upside. The short term support/resistance is 1.28/1.41.  Keep an eye of this stock, monitor for a while and decide your entry point. (please plot your own graph, as I'm not a TA expert)

**The views are valid until before 2Q 2011 results announcemnt ( around Jul and Aug 2011). After that the views will be reviewed.

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