SIA Engg, Swing scan and Below 200MA scan list
Wednesday, May 5, 2010
, Posted by InvestorTrader at 12:03 AM
SIA Engg (as mentioned 2 days ago) looks strong as it moved higher today even though the general broad market went down a fair bit. However must keep watch as it may still be dragged down by the market tomorrow given that Europe and US markets had taken a dive at the time of this post.
Likewise the Swing scan list below is just to be placed on watch list given the weak market at this point in time.
Below is the list of some of those counters that are now below their 200-day moving average, ie can be considered to be weaker stocks.
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