Monday, April 06, 2009

TA, OSK & HDBS to benefit from market recovery

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)
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1 comment:

  1. ACTuesday, April 07, 2009 1:46:00 PM

    Good to highlight this sector. But I think not that soon to jump in.

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