Sunday 1 April 2012

JES International Holdings SGX - Buy Signal Confirmed?

JES International Holdings SGX - Buy Signal Confirmed?

Another request received from a reader to cover this stock again. Here it is buddy.

We covered this sometime in January this year. The post is here: JES International Holdings SGX - COT Proxy - Time to Buy?. The buy signal was not confirmed then but we can see that the number of commercials net long was increasing. Recently we received the confirmed buy signal as indicated by the COT Proxy.

Do take note that the commercials can be wrong sometimes. Keep the stop-loss tight.

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