Oxley - Trending Higher, Sector in Play

Oxley continued to trend higher today where it reached a day high of 0.68. Last month, I managed to longed 450 lots at 0.635 and 0.64 where that sector was in play. Oxley, together with some other construction companies like Lian Beng and Heeton is currently the theme for trending stocks.

Yesterday, I witnessed Chip Eng Seng reaching an all time high and hence I believe there could be more upside for the construction sector. However with that in mind, I am expecting some short term mini selling before any high prices can be materialized.



Ronald K - Market Psychologist - A Stock Market Opportunist