Wednesday, March 14, 2012

Stocks to watch--MRCB,Ingens,Dutaland, Redtone

If you can read the charts, it can tell you a story. Look at the charts for MRCB, Ingens, Dutaland, and Redtone.

MRCB(1651) closed at 1.97 on March 14, 2012. It opened at 2.00 and went up to 2.03 before slipping down to 1.96 in the afternoon when market started to come down because of its macro economy policy to press down the housing prices.

MRCB is considered a GLC which is favored by many investors. Fro m Dec 15, 2011 until the day of writing, it offers at least 6 opportunities for the investors to make money. Let me list out two of the big gains. If you were to buy MRCB on Dec 15, 2011 at 1.93 for 10,000 and disposed it on Jan 13, 2012 at 2.18, you would make 2199.07, gained 25 cents and the holding period last for 29 days.

If you were to buy MRCB on Jan 19, 2012 at 2.05 for 10,000 and disposed it on Feb 8, 2012 at 2.17, you would make 1883.84.

MRCB is a resilence counter. It should be back above 2.00 when overall market  recovered.


Ingens(0034) closed at 0.10 on March 14, 2012. Market rumours said it will 0.45 height achieved on May 4, 2011. Time frame is not given, meaning you need to hold and wait for the right moment. Buyers are accumulating at 0.10 level. When the accumulation period is over, it will move.



Dutaland(3948) is a cyclical stock. When you buy at the low, you will always make money. Today it closed at 0.51 which is considered as a good price to enter. If you were to buy 20,000 shares at 0.51 and disposed at 0.55, you will make 643.44. You will have a return of 6.31% and the waiting period may be only a few days if you are lucky. From Dec 28, 2011 until the day of writing, there were at least 5 opportunities for the investors to make money. 0.50 and 0.51 seem to be the right price to enter.


Redtone(0032) closed at 0.26. Today's low is 0.255 and the high is 0.265.  In the past, this stock turned up at 0.23(Nov 16, 2011), 0.255(Dec 28, 2011), 0.30 (Jan 25, 2012).  Today's closing price 0.26 is a rebound from the recent low. Buy signal has already shown.

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