Market Review and Trends
Market View 3 July 2013
By Singapore Stock Lobang  •  July 3, 2013
Firstly, I am sure that the readers should noticed that many stocks started Q3 with a bang and surged high for the last 2 days. But did you also notice that many stocks also closed way below the day-high yesterday? The obvious near-term resistance had been set and as and when the stock tested and break the resistance with healthy volume, I believe it is a sign of strength and better things to come. If you don't have access to technical charts, you can get it for free at Chartnexus or some brokerage house also provided the charts for their client as part of the package. Ok, we come to Vard. If the readers did follow the SGX announcement as what I regularly told the readers to do so, you will know what happened to the stock. It issued a profit guidance that it will missed its Q2 expectation due ......
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By Singapore Stock Lobang
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