Present market situation.

For Singapore and HK market....kind of getting tired and in need of a rest but can still find some movements for the 2nd and 3rd liner shares. Of course...the Index stocks are still being supported but due to rotation and the high share price plus the cost of commission which make buying them a big risk.
For 2nd and 3rd liner shares ( so called penny stocks ), one has to scan thru all of them and checked to see if got one of them have got any news or theme for them to move up. If not...also not a good bet as the traders must take into consideration of the price movement range and profit-to-risk ratio.
As the market gets higher....the risk is also higher. Same as in mountain climbing.....the higher you go, the harder is to breath ( air got thinner theory haha ).
At present...my main concern is to focus on 2 "big" lots of stocks. SMIC ( 500lots ) and Global Bio-Chem ( 80 lots - after selling off 100 lots to cushion and cover the pain from the screw-up for SMIC and Alibaba ).
Btw I still managed to make....about 1K+ of unrealised profit at the end of the day due to the gain from the newly bought SMIC shares. Ave price for the 480 lots was at 82.7 cents and the closing price was at 84 cents.
I may want to focus just on HK and SGX penny shares for now to trade....also decided to hold the vested level to about 30% funding level from present 45% whenever have a chance to clear.
Stocks to keep an eye on :
SGX - Midas ( already BP today ), Biosensors ( Lowest K-line and at near support level of 78 cents ) and Oceanus ( low K-line and at BP level ).
HK - Global Bio-Chem : HK0809 ( low K-line and just break peak ), Shenzhen Int'l :
HK0152 ( already BP ) and Fosum Int'l : HK0656 ( low K-line and near BP level ).