Here is the cooking list No.1 for the year of 2006:
MLINK: It seems that this stock is becoming hot. The Watcher and someone else drew my attention to it and after took a serious look, I put it in this cooking list. This company is an exclusive agent for NOKIA and MOTOROLLA with sizeable volume. Profits and EPS looking good. PM's sister, Wongsawat Family is the major owner of MLINK, she has 28.60% stake in it. It's said that she'd like to follow the suit as SC. Looking interesting. Let wait and see. Look at two charts below. The price broke the uptrend channel on 23 Jan.06. Suggest enter with a stop at 2.75. If it can take out 3.25, target 4 is reachable. Good luck. (updated on 28 Jan. 06)
SC: We had recommended this stock before this blog was published. It's said that SC will be sold to a Singaporean. Of couse they (the largest shareholders) would like to sell at a good price. There is a rumor that the Thai people will invest in a project in Singapore with the money from "sale" of this stock. Move LPP to 19.30. Click the chart to enlarge (Updated on 25 Jan.).
SOLAR: This stock is looking interesting. Suggest "Accumulate some with a stop at 8.80" . Did you cut loss today ? Probably it's a shakeout before "a pig fly"?! (updated on 18 Jan. 06)
MS: looking very charming, IP and set stop at 1.08 (updated on 23 Jan.06)
ATC: In an uptrend and moving up along 7 DMA. If you have it, use 7 DMA as stop. Exited. (updated on 18 Jan.)
NWR: Did you see ITD flying? nwr will most probably follow suit. In a TA view, it has broken a herizontal channel and also broken the downtrend channel. Since July 2005, it has never broken down the support at 0.98. We suggest buy. Now take a macro view, it's still within the horizotal channel, you should IP in the past several days. It's now is still in downtrend (updated on 23 Jan. 06) Take a macro and micro view at the charts as follows. Click the charts to enlarge:
Delta: This stock has been moving healthily since late last October 2005. Move LPP to 17.40. Exited and still waiting for re-entry point (updated on 23 Jan 06)
Samco: This stock has been punted up by two Thai funds. I suggested a "RP"(RP=reduce position) after a seemingly distribution, then I suggested a "IP"(IP=Increase positions) . Now move lpp to 2.92. It has move up about 35% since our recommendation. Not bad. The Thai Fund punting up this stock is relative retailer-friendly. It seemingly does not shake out violently. The price has been moving by many small steps, namely "up a little daily" so to reduce the day trader's impact. Be cautious. It broke 7DMA. Move LPP to 2.95. If this LPP is broken, RP. (updated on 23 Jan. 06)
MIDA: This stock was recommended when its price was about 2.10, it has been moving up positively. There seems some resistance around 2.9-3.0. Now fact has proved that my resistance area is right. If you lock your profit near the resistance area, you are smiling now. Now it's nearing the resistance area again, most probably it can up break it. If not, RP again.(updated on 23 Jan.)
Click the chart to enlarge
SPL: This stock have very strong support at 30.50 for over one year. I recommended it at its yearly low. It's been moving positively. Now move up your LPP (lock profit point) to 34.00 Exited and waiting for re-entry. (updated on 23 Jan.)
EASON: This stock looks cooking. Recommended by zorro. Keep an eye on it. If you like, accumulate bit by bit with a stop at 2.60. Exited and waiting for re-entry. Take small position with a stop at 2.50. Good luck. (updated on 23 Jan. 06)
NOBLE: Shooting up in the last several days. This stock was on our cooking list for long time. If you re-entered last year, you're smiling now. Move up LPP to 4.18. Good luck. Exited and waiting for re-entry. Accumulate small position with a stop at 4.00 (updated on 23 Jan. 06)
JAS: It's been on our cooking list for long. Move up LPP to 0.61. Exited and waiting for re-entry. Re-enter with a stop at 0.49 (updatdated 23 Jan.06)
Q-CON: this stock looking warming up again. We recommended it when it's below 2.75, move your lpp at 3.00 Exited. (updated on 19 Jan. 06).
NEP and Nep-w1: This stock and its warrant are recommended by zorro. They are here because of long term bottom pick. (updated on 19 Jan.)
SEAFCO: Seems cooking. You may buy with a stop at 3.65 Move lpp up to 3. 70 Exited and get ready to re-enter. Re-entered with a stop at 3.84 (updated on 23 Jan. 06)
Very important: Remember, never allow your loss to exceed 10%.
We'll add more...
Happy stock trading.
scrt4u & zorro