Sunday, November 21, 2010

Trading Idea

Adventa : A rebound seen, with flu-news. A recovery in rubber stocks?

MEGB : Trading at new low, a recent rebound shown failure. Huge upside seen. Technically oversold for very longer period of time now. I dont want to think if the sell down due to foreign funds pulling out or the PTPTN loans case. I do not bother if the IPO has been 'expensively' priced. What I do bother is ... will it find a base and rebound for me to have a short-term counter-trend trade? RSI at 27.4


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