SWIBER - UPTREND

winstorn
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14 years 3 months ago #2457 by winstorn

Replied by winstorn on topic Re:SWIBER - UPTREND

Since that you are still holding Swiber, why not hold a little longer for some profits later on. Your price at 1.06 is actually at the very strong support level which previously was a very strong resistance that now turns support. If you feel that you want to take profit now, it is all up to you to decide. I expect some CNY rally for most stocks. If you have patience, do keep at least till CNY period to enjoy some more gains. Ultimately it is all up to you to decide.

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sean.ng
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14 years 3 months ago #2471 by sean.ng

Replied by sean.ng on topic Re:SWIBER - UPTREND

currently the investors are cashing in on the new year gains, hopefully the CNY & budget rally in Feb could bring on a new bout of gains. As Swiber\'s upside seems limited, I was pondering to hold on till end of Feb like what you said, hold cash & wait for any major correction either in 1H or 2H to switch to the plantation stocks like Golden Agri which is still trading at a cheap price?

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