* COSCO went down to 16.52 and recovered a bit and close to 16.74. I am speculating that the selldown was affected by PGOLD being removed in the MSCI small cap index. I am not worried at this point since fundamental of the stock is still intact and this is part of my longterm stocks
* I also bought a few shares of FOOD. Reported that they will pursue their Singapore listing by second half of 2013. About June. They also had a 25% increase in their profit first quarter of the year. Technically, it seems to me that the downtrend is not yet over as STS and RsI are still pointing down. They are approaching oversold levels. 1.85 is the strong support to break. This may consolidate for now as the SG listing is not yet materialized. I am just getting my early sits and ready to jump off when necessary. I believe this company have a good future in terms of their business.
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