Sunday, December 16, 2007

Jardine Cycle and Carriage 14th Dec 2007

Jardine C&C 141207

A counter which is very hard to predict.
When every counters, including STI, were going down, it went up.
Was expecting it to hit the third peak around $22.00 last Friday, but it didn't manage to hit.
Looking at the top red trend line, it may hit $21.90 on 18th Dec 2007. Anticipating only.......
Due to its big trading range, I am ready to give it a short! Hahaha...... saying only. But this resistant looks convincing. And safer to short it there. Eyeing on it closely......

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