While we are busy screening for stocks to accumulate, let's not forget the stockbroking firms. They are the beneficiaries of any strong recovery in the stock market. I have appended below the charts of TA, OSK & HDBS.
Both TA & OSK have broken above their medium-term downtrend line, while HDBS is poised to do the same soon. I think all these stocks are good to buy at around the current prices.
Chart 1: TA's weekly chart as at 4/3/2009 (Source: Quickcharts)
Chart 2: OSK's weekly chart as at 4/3/2009 (Source: Quickcharts)
Chart 3: HDBS's weekly chart as at 4/3/2009 (Source: Quickcharts)
1 comment:
Good to highlight this sector. But I think not that soon to jump in.
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