I missed out on getting my foot on the Sino runaway train today. Queued, but just could not get my price. Anywhere, I should have just hit the market. Forget about the China story for now, because exciting things are happening on the Singapore front.
The focus is now on smaller cap, asset-heavy hotel stocks.
Amara, HPL, Furama and Orchard Parade all broke new highs today. Only GuocoLeisure didn't manage to (due to overhang from Third Ave's sale), but I think it should successfully challenge its old high soon.
The plan? Catch the last train: GuocoLeisure. It is breaking out from its downtrend line.
1. Buy 10 lots at 0.52
2. SL at 0.47
3. TP1: 0.57
4. TP2: 0.67
Potential loss: 500
Potential profit: 1000
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment