Before we discuss more about it, we really need to know the time frame you are talking about.
short term (days to weeks)?
or intermediate (weeks to months)?
or long term? months to years?
Maybe discuss intermediate terms here a bit .
from the graph period from 2006/01/01 to 2006/03/24 (last friday)
Magnecorp
is not having strong upward trend. Almost breaking its trend line actually, it is not yet confirmed.
however, the volume is not very huge, It might goes into consolidation phase in the following one week or 2.
kingboard
taking the same period, is still forming a LINE. this line did not show too much upward possiblities. However, i even see it quite negative. given the bearish view of STI and very little volume trade on it recently.
I would like recommand you just watch these two only for the time being, until there is any confirmation out of the graph.
MUST-HAVE disclaimer : 100 people will have 100 different views about the same graph. This is only my own point of view. own 2 cents.
