Wednesday, September 30, 2009

An opportunity in Orchard Parade?

Orchard Parade displayed a bullish engulfing today, coupled with rising stochastics from oversold. This was also done on increased volume. Incidentally, I will be getting married in Orchard Parade Hotel!

The plan:

Buy 10 lots tmr at 1.08 or 1.09
SL: 0.99
TP1: 1.17
TP2: 1.35
Potential gain: 1,800
Potential loss: 900

No comments: