Long at 1.244 TP 1.271
The pullback of the index from 8,000 is giving us an opportunity to enter into blue chip property stocks like ALI. In the weekly view, price has been making higher highs and higher lows. Should ALI be able to make a lower low and close low, then we may see a significant pullback hopefully to bargain price around 38.00 to 33.00
Hot stock MRC made a run last week to resume its uptrend. There are two ways to get in. Any correction to 0.40 to 0.33 would be the nearest level for a quick trade. However, if it breaks the recent low at 0.32, then the best level for entry would be the range of 0.25 to 0.19.