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If one had bought Cosco from all their previous buy rating and following analyst reports, you would have made a lot of money as Cosco buy rating kept going up and up since it was 90c.
It does not mean all analyst report are lousy. The best is do your own analysis. Use analyst report as a guide
please dun be so naive! these analyst reports are merely meant for leisure reading, just like any other mag like "Her World", "FHM", etc. You got to be nuts if you trust the reports 100%.
Come on, wake up!
Goodness. If the target price of $3.38 is still achievable, at the current price of 1.37, it translates to 147% upside.
China Sky also has significant upside potential judging by the same DBS report
Ferrochina was $1.76 when DBS issued this report. Target price: $3.38
there's an article on this at http://www.nextinsight.com.sg/content/view/190/60/
Yes broke out of cup and handle
hi profit, yes px confirmed and moving higher .
Hi Derek, it has broken up the inverted cup and handle at neck price of 1.25 and 20 MA at 1.28 with high volume today( More than 30 days average). Nice spot. Do you think price has confirmed?
watch out for this counter. it is moving now
staying above $1.16 is still good
many building needs steel for destruction during snow storm, surely it will rebound further
There are also funds buying Ferrochina shares. It's moving now.
There are funds keen to buy Delong shares
Delong is moving up super fast. 1 lot can exchange for 2 lots ferrochina.Which is better buy?
me still strugglin to learn TA, any chanz to spear noth further?look like it is bottom up.. though signal is still weak[caveat emptor ]
The current snow storm has destroyed many infrastructures and that is beneficial to Delong and FerroChina
Delong is moving very fast and this ferrochina of similar industry is also moving north.
the other counter, Delong is facing grave outlook...
similar for ferrochina?
This counter may be bottoming out. Acc/Dist and Chaikin are rising slowly.
Slow and steady climb unlike other China stock cheonging like mad
Hi,
Where did you get the news from? Any links?
Thanks.