The index is still in rebound mode. The number of weekly bulls is now at 62, up from 51 last week. The 62 weekly bulls are:
AHP ALAQAR APEX ASUPREM ATIS BAHVEST BAT BIPORT CCK CHASE CHASE-PA DELLOYD DKLS DUTALND-WA FPI FRB GFB HOOVER INGENS INIX IRMGRP ITRONIC JERASIA JETSON KESM KKB LPF MAGNUM METACOR METECH MIKRO MILUX MSC MTDINFR MUDA NALURI NCB NESTLE NTPM OCB PAHANCO PARAGON PICORP PUC QL RAPID RAPID-WA SEQUOIA SITATT SMI-LA SPRITZR SRII SUNCRN TASEK TEXCHEM TIMWELL TMCLIFE TOCEAN TRACOMA TSM WARISAN YAHORNG
The number of weekly bears have reduced to 658 from last week's 718.
Didn't do any trade last week. Just holding up with ICBC and Exmobil CW. Oil is at USD110 now. The oil chart is still pointing upwards. So, O&G stocks will be played up? Looking at my O&G list, no buy signals from any of them. For the plantation stocks, looks like they (IOICorp & KLK) are building a base.
For this week, I'm watching IOICorp, KLK, Digi, PBBank, DBS, Capland and Chmobil.