Property stocks and REITs are on a run recently. Ho Bee is one of them that’s showing very good potential. I particularly like it because the peak (resistance) was very near the 1-year high level and such breakouts are more reliable based on experience. To conclude, this is a good belated Christmas present.
No of shares: 3,000
Commission: S$30
Financing Charges: S$9.54 (S$0.53 x 18)
Profits: S$647.46
You may also like:
- UOL (long) – closed on 11 Jan 10
- OCBC (long) – closed on 7 Jan 10
- Straits Asia Resources (long) – closed on 8 Jan 10
- Ezra (long) and HK Land (Long) – closed on 22 Dec 09
- EURUSD (long) – closed on 28 Dec 09
- Olam (long) – closed on 10 Dec 09
Discover the Secrets of Singapore Trading Gurus!
Interviews with Singapore stocks, forex, futures and options traders and trainers! This book is written for you:
- learn how professionals trade
- discover their strategies, money management and approach to the markets
- understand their stories and motivation behind trading
- know your trainers before attending their courses
