Next week trading theme - penny stock

Both here and in HK, the likelihood is that it will be a downwards bias when it starts trading on Monday till maybe Wednesday before any attempt for the market to move up meaningfully.

Just look at the last week trading...as it gets toward the end of the week, the market just look tired. So in the type of market...the 2nd and 3rd-liners stocks may
explode into the market. But also it will be on rotation basis....meaning that it is all about picking the right penny stock to play. If to follow the leader....then be prepared to be nimble and fast or you may have to run the risk of "left holding the baby" when the game ends.

For SGX - my stock pick will be Biosensor ( as it is near support level of 78 cts and traded with heavy volume the whole of last week but cannot move up - that show that the "big boys" are accumulating and once they are happy, this stock will fly to at less $1 level ) and Oceanus ( more or less....the same story of "big boys" accumulating now ). Midas has gone beyond the penny stock standard...price is above a $1....at $1.09 therefore not qualify as penny stock. This one is also on waiting list to run....same same for SoundGlobal ( ex-Epure since with new name, therefore very likely to "run" again soon - already above $1 level )

For HKex - my stock pick will be Shenzhen Int'l Holding : HK0152( also on "big boys" accumulating story for now ) and SMIC : HK0981( TSMC and "chip stocks" story ).
So it won't surprise me at all to see any one of these shares mentioned "flies" in fact....it won't be a surprise to me to see all of them fly during the week.

When trading penny stock...it is also not surprising to see the stocks "fly" for a day or two only. So the bottom line is when trading penny stock...one has to be alert and focus. It is like a "hit-n-run" thingy!! but if you got it right then nice profit.

Yes...I did post this onto the T3B trader forum too.