Thursday, January 13, 2011

Buy SMRT at 2.06 and Buy YingLi at 0.43

12-Jan-2011 Buy SMRT at 2.06  S/L at 1.98
  1. SMRT fundamental is sound.
  2. Price breaks trading range
  3. MACD big bull divergence 
                     
                            
                                                  12-01-2011 Long YingLi at 0.43  S/L 0.36

  1. Break trading line
  2. Big MACD bull divergence
  3. High trading volume for trading range breakout
                                                      

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2 comments:

  1. LivermoreJanuary 15, 2011 at 5:53 AM

    Tuas West Extension a positive for SMRT
    Transport Minister Mr Raymond Lim shed more light on details of the Tuas West Extension on Wed. The new MRT line, which is 7.5km long and consists of four aboveground stations, will extend the existing East-West Line from Joo Koon into Tuas West. We understand that the rail project is projected to cost S$3.5b and will encompass the costs of the new stations, 13 new trains, a 26ha depot and a road viaduct running along the MRT line. When operational in 2016, the extension is expected to serve 100k passengers daily. We see SMRT as the main beneficiary of this development, as it is poised to capture more ridership from this significantly improved connectivity.

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  2. LivermoreJanuary 27, 2011 at 6:20 AM

    Sell YingLi at 0.395 with a loss of 0.035 per share (8%), because price break the support line 0.40 and price goes into to the range again.

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