In my last blog post on Hock Lian Seng, I said that we could see its share price moving lower and it has moved lower. Do I believe that this is the lowest it could go? Well, I certainly do not know if the stock price will stop declining although I will say that it could have found support. We can see this if we draw a trendline connecting various lows. Also, the higher low in the CMF gives us a positive divergence against a declining share price. Apart from Hock Lian Seng, I also have existing investment in another construction sector stock, Yongnam. Unlike Yongnam, Hock Lian Seng does not seem to have captured the imagination of Mr. Market. As both Yongnam and Hock Lian Seng are likely beneficiaries of the Singapore government's drive to improve our national transportation infrastructure over the next few years, the weakness in Hock Lian Seng's share price is made more ......