ASL Marine is now going towards 1.12 target and most likely to break the 1.12 level to form a new high. Look at swiber, Ezion, Rotary, etc all goin g to form new highs already.
Hi Winstorn, I took ur advice on ASL Marine however it did not move much for the past two days. Kindly advice. Thanks. winstorn wrote:
ASL Marine is now going towards 1.12 target and most likely to break the 1.12 level to form a new high. Look at swiber, Ezion, Rotary, etc all goin g to form new highs already.
Looks like profit takings had already taken place at the 1.02 level. If you have already holding to the stock, seems that you may have to wait for the next rally to 1.12 level. If you are unable to hold on, seems that you may have to cut loss first as this afternoon, many asia markets are in negative mode. Most likely you will see general profit takings and selling down tomorrow and may last till next week wednesday. For long term, ASL marine is safe and will rally again.
