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Tuesday, December 20, 2005

D&O and Flonic

These are electronic sector counter. Read reports that the world electronic industry is reviving.

From my intepretation of the chart for both counters, they are still in uptrend. D&O may be experiencing some consolidation now but long term prospect still good. Most probably good support at 0.50 region. The movement of this share is extremely slow. So lots of patience are needed.

For Flonic, it is in uptrend since day 1. The price keeps increasing even though the directors are reducing their stake. An entrapment?

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