Thursday, November 17, 2016

Cosco, Singpost - What a Close Shave

Did not have the best trade for these 2 counters but still managed to ride profits out of it. Singpost after the Alibaba news of increasing stake in the company suffered a major sell down while Cosco was very slow on it's movement. Cosco hit the bottom recently and had a huge volume of buyers yesterday. Could this be a turnaround for Cosco to the upside for the mid term trend? I have to watch for more tell tale signals first.

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