Wingtai SGX:W05

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Wingtai has basically gone nowhere for the past 2 years in a big triangle & is not worth trading at the moment. Watch for a strong break out of it on the up or down side of the triangle for good risk/reward trade. Patience required for this stock.


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Etsy has gained >50% since its Feb 2016 lows & is now attempting to move higher. The support line is clearly defined & I think 9.50 is strong support. If it stays above 9.69, good chance it’ll reach its recent high of 10.77 before trying to go much higher.

Lee & Man Paper HKG:2314

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This stock has been rangebound sideways between HKD4.00-6.00 since 2013. Right now its attempting to breakout of its multi year range If it stays above 6.24 & doesn’t correct sharply back below 6.24, then its likely a bullish breakout towards 6.47, 6.79 then its top target of 7.28.