Latest Forum Topics / Hong Leong Fin Last:2.45 +0.01 | Post Reply |
Any View on HL Fin?
|
|
angcj294
Member |
29-Mar-2009 12:09
|
x 0
x 0 Alert Admin |
I would like to say the same thing again as the threadstarter. Just seeking the guidance from investors here about this '4th defacto bank' ! Thank you for any input. |
Useful To Me Not Useful To Me | |
singaporegal
Supreme |
24-May-2006 16:11
Yells: "Female TA nut" |
x 0
x 0 Alert Admin |
RSI on the downtrend.... forget it |
Useful To Me Not Useful To Me | |
|
|
mamasan
Member |
24-May-2006 14:34
|
x 0
x 0 Alert Admin |
HL Finance is the de facto 4th bank in singapore. |
Useful To Me Not Useful To Me | |
marketcycle
Member |
24-May-2006 12:41
|
x 1
x 0 Alert Admin |
I closed a long position on HL Fin on 11 May and opening a short position on the same day. From a technical perspective it is now very very bearish indeed and if you are a short or medium term trader I would caution against continuing to hold a long position on this stock - why? Not enough space here to go into detailed analysis, but since Nov 05 it had a support level of 3.54 which it bounced off 3 times. When tested again a few weeks back it shot straight down through it, and continues to fall. In Feb of this year it also reversed off a resistance level below 3.88 despite a few attempts to break through. Yes, I am a technical trader so will not make any comments about the fundamentals of this stock, but as I said earlier I would seriously consider closing out any open position on this stock unless you are in it for the long term. Hope that helps.. |
Useful To Me Not Useful To Me | |
r_ee2000
Member |
23-May-2006 23:56
|
x 1
x 0 Alert Admin |
Seeking your guidance on HL Fin. Thanks |
Useful To Me Not Useful To Me |