While other indexes like Hang Seng and Nikkei edged possibly higher with more activity, the STI ended on a lethargic local session to close slightly higher. I unwittingly noticed that Cosco was in the front runner grasping for fresh air. Based on the past 4 days of trading session, Cosco is pretty vulnerable to possibility of a reversal of trend over the near term. This could be insiders accumulating the stock for investment and/or trading accounts. Look to long Cosco when it reacts, do not chase after it. Handsome profits could be awarded.
Ronald K
