Market resumes its choppy trades after small loss from overnight market. We have been stressing a lot that market will remain choppy for this few trading period since investors are jittery about debt problems at the Euro zone, so avoid trading swing trades. Nevertheless, we spotted a few strong shares that are worth investing for mid term.
This is the second time we are highlighting on UOL
Share has been range trading since Jan 18 2011, creating a high of 5.09. 5 is the 2nd high and share has been trading in between 4.81 and 5. Higher lows are spotted and we believe a breakout shall be drawing near.
Straits Asia
Share made a high of 3.20 on 1st June 2011 and correction set in afterwards. Until 11th July 2011, share spiked up, created a high of 3.18. Share may consolidate further or breakout 3.20 in near time. Definitely worth a look .
We had mentioned about the strength of bank stocks previously, however they could not sustain the performance after the run. So, we shall leave them aside first. We are definitely shifting our focus to the mid cap shares.
