Wednesday, August 4, 2010

HL asia

As regional indices are pulling back now, let's sit back and look at some stocks in a bid to prepare for the next round.

 This guy ply his trade in the raw materials and manufacturing sector and also has several subsidiaries under his arms. And as the economy progresses, companies in these sectors will move along too.


HL asia has accomplished a 12 fold increase in less than 1 year since March 09. This is no easy feat i must say. Well i have to admit i do not know much about this company fundamentally and made no attempts to look at the finances, but from a technical perspective, this stock has a huge upside potential. Traders and investors have dumped this stock during the Euro crisis and i love to pick up stocks like this. Most  ordinary people might shun HL asia as they would anchor their thoughts and analysis on the steep downfall, but the aggressive contrarian will view this as a great opportunity due to the limited risk but immense reward.

Load up on HL asia if it is able to find buying interest above the 3.60-3.63 region.

No comments:

Post a Comment