This stocks has been beaten badly, I feel that it has 'vomit' enough and is seeking some recuperation. For traders, I believe good entry point should be @ 1.6 and exit in the range of 1.68 to 1.70. Futherupside is expected when there are hugh vol near 50 Day moving average.
Do cut losses when 1.57 is breach unless of course you wish to hold.
Similar charts to this are Kim Eng and Starhub
My current watchlist:
GK Goh current price 0.99, 20 cents below NAV.
NOL pending
My Wantedlist
Tathong @ 2.21-2.23
IFS
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