Welcome! Have a profitable trading day ahead of you!

Thursday, July 27, 2006

Tat Hong

As request by Janet. Tat Hong operates the largest fleet of cranes in the world with main operations in Asia and Australia. Most of the operation is the rental of cranes to companies in the oil and gas and infrastructure sectors as they find it more cost effective to rent from Tat Hong than to own the cranes and risk machine failures.
Technically, Tat Hong is a super stock, with very nice longterm upwards trendchannels. Recently reached bottom at .885, its current support is at .985. It look set to test and break resistance at 1.07 and resume its relentless climb.

1 comment:

TopTrader said...

TAT - can buy at 1.03, if possible, it will be very bullish once 1.07 is taken out.