PICO FAR EAST 筆克 (0752) – Bottom’s Up? November 6, 2006
Posted by Michael in Hong Kong Stock Market.comments closed
Being very busy in past 1 month and didnt update this blog for awhile, although many stocks came in my radar screen. Sorry for that and many thanx for the continuing support that I received from the visitors. Hope everyone is making good money out there in recent bullish market.
Ok. PICO FAR EAST 筆克 (0752) came in my radar screen for Tuesday’s market. 0752 being consolidating between $1.70 and $1.50 level since late August, despite many positive news being announced by the company. This stock is in downtrend in past 1 week while the Hang Seng Index continuing making new market high. Hmm…. quite weired and unreasonable….
$1.45 is a crucial support level. A move over $1.50 on Tuesday is a good entry level.
Click here for PICO FAR EAST 筆克 (0752) daily chart and latest price quote: http://www.aastocks.com/eng/StockQuote/default.asp?symbol=0752
